MIRA INFORM REPORT

 

 

Report Date :

23.10.2013

 

IDENTIFICATION DETAILS

 

Name :

SUMITOMO CORP

 

 

Registered Office :

Harumi Island Triton Square Off Twr Y, 1-8-11, Harumi Chuo-Ku, 104-8610

 

 

Country :

Japan

 

 

Financials (as on) :

31.03.2013

 

 

Date of Incorporation :

24.12.1919

 

 

Legal Form :

Public Parent

 

 

Line of Business :

Wholesale of solid, liquid and gaseous fuels and related products

 

 

No. of Employees :

73,953

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

Payment Behaviour :

Regular

Litigation :

Clear

 

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Japan

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

JAPAN - ECONOMIC OVERVIEW

 

In the years following World War II, government-industry cooperation, a strong work ethic, mastery of high technology, and a comparatively small defense allocation (1% of GDP) helped Japan develop a technologically advanced economy. Two notable characteristics of the post-war economy were the close interlocking structures of manufacturers, suppliers, and distributors, known as keiretsu, and the guarantee of lifetime employment for a substantial portion of the urban labor force. Both features are now eroding under the dual pressures of global competition and domestic demographic change. Japan's industrial sector is heavily dependent on imported raw materials and fuels. A small agricultural sector is highly subsidized and protected, with crop yields among the highest in the world. While self-sufficient in rice production, Japan imports about 60% of its food on a caloric basis. For three decades, overall real economic growth had been spectacular - a 10% average in the 1960s, a 5% average in the 1970s, and a 4% average in the 1980s. Growth slowed markedly in the 1990s, averaging just 1.7%, largely because of the after effects of inefficient investment and an asset price bubble in the late 1980s that required a protracted period of time for firms to reduce excess debt, capital, and labor. Modest economic growth continued after 2000, but the economy has fallen into recession three times since 2008. A sharp downturn in business investment and global demand for Japan's exports in late 2008 pushed Japan into recession. Government stimulus spending helped the economy recover in late 2009 and 2010, but the economy contracted again in 2011 as the massive 9.0 magnitude earthquake and the ensuing tsunami in March disrupted manufacturing. The economy has largely recovered in the two years since the disaster, but reconstruction in the Tohoku region has been uneven. Newly-elected Prime Minister Shinzo ABE has declared the economy his government's top priority; he has pledged to reconsider his predecessor's plan to permanently close nuclear power plants and is pursuing an economic revitalization agenda of fiscal stimulus and regulatory reform and has said he will press the Bank of Japan to loosen monetary policy. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, Japan in 2012 stood as the fourth-largest economy in the world after second-place China, which surpassed Japan in 2001, and third-place India, which edged out Japan in 2012. The new government will continue a longstanding debate on restructuring the economy and reining in Japan's huge government debt, which exceeds 200% of GDP. Persistent deflation, reliance on exports to drive growth, and an aging and shrinking population are other major long-term challenges for the economy.

Source : CIA


Company name and address

Top of Form

Sumitomo Corp

                                                                                                                                                

 

Harumi Island Triton Square Off Twr Y,

1-8-11, Harumi

 

Chuo-Ku, 104-8610

Japan

 

 

Tel:

81-3-51665000

Fax:

81-3-51666203

 

www.sumitomocorp.co.jp

 

Employees:

73,953

Company Type:

Public Parent

Corporate Family:

3219 Companies

Traded:

Tokyo Stock Exchange:

8053

Incorporation Date:

24-Dec-1919

Auditor:

KPMG AZSA LLC

Financials in:

USD (mil)

 

 

Fiscal Year End:

31-Mar-2013

Reporting Currency:

Japanese Yen

Annual Sales:

36,353.3  1

Net Income:

2,801.6

Total Assets:

83,248.8  2

Market Value:

16,397.8

 

(05-Jul-2013)

                                      

Business Description       

 

SUMITOMO CORPORATION is a Japan-based trading company. Metal segment offers steel and nonferrous metal products. Transportation and Construction Equipment segment offers ships, aircrafts, rail transportation systems and construction equipment. Infrastructure segment involves power, water supply and sewerage and other infrastructure related businesses. Media and Life Style segment involves cable television, video content, information technology solution, communication and other businesses. Resources and Chemical segment offers coal, iron ore, nonferrous metal raw materials, liquid natural gas and other resources. Consumer Industry and Construction Real Estate segment offers foods, fertilizer, cement, wood, pulp and paper. New Industry and Function Promotion segment offers involves new energy and environment business, private equity investment, among others. The Company has a global network comprised of a large number of domestic and overseas subsidiaries and branch offices. For the fiscal year ended 31 March 2013, Sumitomo Corp revenues decreased 8% to Y3.016T. Net income decreased 7% to Y232.45B. Revenues reflect Transportantion and Construction Systems segment decrease of 32% to Y420.6B, Media & Lifestyle segment decrease of 12% to Y592.85B. Net income also reflects Interest Income decrease of 4% to Y13.34B (income), Interest Expense increase of less than 1% to Y29.09B (expense).

          

Industry                                                                                                                                     

 

Industry

Oil and Gas Operations

ANZSIC 2006:

3321 - Petroleum Product Wholesaling

NACE 2002:

5151 - Wholesale of solid, liquid and gaseous fuels and related products

NAICS 2002:

42472 - Petroleum and Petroleum Products Wholesalers (except Bulk Stations & Terminals)

UK SIC 2003:

51511 - Wholesale of petroleum and petroleum products

UK SIC 2007:

46711 - Wholesale of petroleum and petroleum products

US SIC 1987:

5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals

                     


Key Executives            

                       

 

Name

Title

Kuniharu Nakamura

President and Director

Hiroyuki Inohara

Senior Managing Executive Officer, Chief Financial Officer, Manager of Financial Resources Group, Director

Takuro Kawahara

Executive Vice President, Manager of Human Resources & General Affairs & Legal Affairs Group, Representative Director

Koichi Takahata

Managing Executive Officer, Director of Main Accounting

Masayuki Doi

General Manager-Corporate Planning & Coordination Department

   

Significant Developments                                                                                                                 

 

Topic

#*

Most Recent Headline

Date

Mergers & Acquisitions

5

SUMITOMO CORP Announces Result for Shares in Jupiter Telecommunications Co Ltd through Tender Offer by KDDI CORP and NJ Corporation

11-Apr-2013

Officer Changes

2

SUMITOMO CORP Appoints New Chairman of the Board

28-Mar-2013

Strategic Combinations

7

MDxHealth SA And Sumitomo Corporation's Subsidiary Sign Pharmaco Molecular Diagnostic Partnership For Japan

1-Jul-2013

Business Deals

1

SUMITOMO CORP Signs LNG Contract

1-Apr-2013

General Products

1

Myanmar Names SUMITOMO CORP And Other Bidders In Race For Two Mobile Licences-Reuters

11-Apr-2013

      

Financial Summary                                                                                                                        

 

As of 31-Mar-2013

Key Ratios

Company

Industry

Current Ratio (MRQ)

1.63

0.56

Quick Ratio (MRQ)

1.28

0.45

Debt to Equity (MRQ)

1.88

1.01

Sales 5 Year Growth

-3.85

91.29

Net Profit Margin (TTM) %

8.08

10.30

Return on Assets (TTM) %

3.24

-18.68

Return on Equity (TTM) %

12.42

14.57

 

 

 

 

  


Stock Snapshot             

 

Traded: Tokyo Stock Exchange: 8053

 

As of 5-Jul-2013

   Financials in: JPY

Recent Price

1,312.00

 

EPS

189.31

52 Week High

1,616.00

 

Price/Sales

0.54

52 Week Low

984.00

 

Dividend Rate

46.00

Avg. Volume (mil)

8.13

 

Price/Earnings

6.34

Market Value (mil)

1,640,791.00

 

Price/Book

0.80

 

 

 

Beta

0.78

 

Price % Change

Rel S&P 500%

4 Week

7.54%

-4.37%

13 Week

15.49%

3.61%

52 Week

15.80%

-24.36%

Year to Date

19.27%

-13.72%

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = JPY 82.97047
2 - Balance Sheet Item Exchange Rate: USD 1 = JPY 94.08855

 

 

Corporate Overview

 

Location
Harumi Island Triton Square Off Twr Y,
1-8-11, Harumi
Chuo-Ku, 104-8610
Japan

 

Tel:

81-3-51665000

Fax:

81-3-51666203

 

www.sumitomocorp.co.jp

Quote Symbol - Exchange

8053 - Tokyo Stock Exchange

Sales JPY(mil):

3,016,249.0

Assets JPY(mil):

7,832,757.0

Employees:

73,953

Fiscal Year End:

31-Mar-2013

 

Industry:

Oil and Gas Operations

Incorporation Date:

24-Dec-1919

Company Type:

Public Parent

Quoted Status:

Quoted

 

President and Director:

Kuniharu Nakamura

 

Industry Codes

 

ANZSIC 2006 Codes:

3321

-

Petroleum Product Wholesaling

3322

-

Metal and Mineral Wholesaling

3319

-

Other Agricultural Product Wholesaling

6999

-

Other Professional, Scientific and Technical Services Not Elsewhere Classified

3419

-

Other Specialised Industrial Machinery and Equipment Wholesaling

2811

-

Water Supply

6940

-

Advertising Services

2812

-

Sewerage and Drainage Services

 

NACE 2002 Codes:

5151

-

Wholesale of solid, liquid and gaseous fuels and related products

9001

-

Collection and treatment of sewage

5187

-

Wholesale of other machinery for use in industry, trade and navigation

5152

-

Wholesale of metals and ores

5121

-

Wholesale of grain, seeds and animal feeds

7487

-

Other business activities not elsewhere classified

7440

-

Advertising

4100

-

Collection, purification and distribution of water

 

NAICS 2002 Codes:

42472

-

Petroleum and Petroleum Products Wholesalers (except Bulk Stations & Terminals)

423860

-

Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers

5619

-

Other Support Services

423510

-

Metal Service Centers and Other Metal Merchant Wholesalers

221310

-

Water Supply and Irrigation Systems

424910

-

Farm Supplies Merchant Wholesalers

541840

-

Media Representatives

221320

-

Sewage Treatment Facilities

 

US SIC 1987:

5172

-

Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals

5088

-

Transportation Equipment and Supplies, Except Motor Vehicles

5051

-

Metals Service Centers and Offices

8999

-

Services, Not Elsewhere Classified

4952

-

Sewerage Systems

7313

-

Radio, Television, and Publishers' Advertising Representatives

5191

-

Farm Supplies

4941

-

Water Supply

 

UK SIC 2003:

51511

-

Wholesale of petroleum and petroleum products

9001

-

Collection and treatment of sewage

5152

-

Wholesale of metals and ores

5187

-

Wholesale of other machinery for use in industry, trade and navigation

5121

-

Wholesale of grain, seeds and animal feeds

7487

-

Other business activities not elsewhere classified

7440

-

Advertising

4100

-

Collection, purification and distribution of water

 

UK SIC 2007:

46711

-

Wholesale of petroleum and petroleum products

4669

-

Wholesale of other machinery and equipment

8299

-

Other business support service activities n.e.c.

4621

-

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

3600

-

Water collection, treatment and supply

4672

-

Wholesale of metals and metal ores

731

-

Advertising

3700

-

Sewerage

 

Business Description

SUMITOMO CORPORATION is a Japan-based trading company. Metal segment offers steel and nonferrous metal products. Transportation and Construction Equipment segment offers ships, aircrafts, rail transportation systems and construction equipment. Infrastructure segment involves power, water supply and sewerage and other infrastructure related businesses. Media and Life Style segment involves cable television, video content, information technology solution, communication and other businesses. Resources and Chemical segment offers coal, iron ore, nonferrous metal raw materials, liquid natural gas and other resources. Consumer Industry and Construction Real Estate segment offers foods, fertilizer, cement, wood, pulp and paper. New Industry and Function Promotion segment offers involves new energy and environment business, private equity investment, among others. The Company has a global network comprised of a large number of domestic and overseas subsidiaries and branch offices. For the fiscal year ended 31 March 2013, Sumitomo Corp revenues decreased 8% to Y3.016T. Net income decreased 7% to Y232.45B. Revenues reflect Transportantion and Construction Systems segment decrease of 32% to Y420.6B, Media & Lifestyle segment decrease of 12% to Y592.85B. Net income also reflects Interest Income decrease of 4% to Y13.34B (income), Interest Expense increase of less than 1% to Y29.09B (expense).

 

More Business Descriptions

Trading and distribution of a wide range of commodities, industrial goods, and consumer goods. The range of activities and products include transportation and construction systems; machinery and electric systems; power projects; information and telecommunication projects; electronics; inorganic and specialty chemicals; plastics; life sciences; organic chemicals; minerals; trade in a wide range of consumer goods such as meat and meat products, grains, oils and fats, foods, sweeteners and starches, fruit and vegetables, clothing, jewellery; materials supplies and construction and real estate; logistics and insurance. Besides its role as a trader Sumitomo Corporation is increasingly active as an investor in a diverse range of businesses that mesh with existing operations or that position the company in markets with long-term growth potential

 

Iron & Steel Raw Materials Whslr, Iron & Steel, Transportation Equipment, Industrial Machinery, Electronics & Aerospace, Non-ferrous Metals, Chemicals & Plastics, Fuel & Carbon, Foodstuff & Fertilizer, Textile, General Products, Construction & Real Estate Import & Export

 

Sumitomo Corporation (Sumitomo) is a multifaceted business company. It carries out import and export of a wide range of products and provides domestic and international business investment services. The company maintains a global business network supported by 594 subsidiaries, and 222 associated companies across the Japan and international regions. Sumitomo operates business through nine reportable business segments namely, Metal Products; Transportation and Construction Systems; Infrastructure; Media Network & Life Style Retail; Mineral Resources, Energy,Chemical & Electronics; General Products & Real Estate; New Industry Development & Cross-function; Domestic Regional Business Units and Offices; Overseas Subsidiaries and Branches. The Metal products business unit involves in trading of metal products, which include steel sheets, tubular products and other steel products, as well as non-ferrous metals such as aluminum and titanium both for the domestic and international market. The metal products business unit provides SCM (supply chain management) services in the steel sheet field, including steel processing and inventory management. It operates steel service centers in Japan, China, Southeast Asia, North America, and Europe. The segment's operating subsidiaries include Asian Steel Company Ltd., Sumisho Metalex Corporation. For the fiscal year ended March 31, 2012, the Metal products segment reported profit of JPY15,363m, contributing 5.8% of total profit. The Transportation & Construction Systems segment involves in automobile, ship, aircraft, rail, other transportation equipment, and construction equipment businesses, covering from mid-stream to downstream to upstream. In the automotive business, the company engages in the entire automotive value chain on a global basis, from automobile component manufacturing to logistics, retail and financial services. This unit also conducts aircraft businesses, including aerospace-related business investment as well as railway car businesses with particular expertise in railroad projects and rail car export. The operating subsidiaries of the segment includes Sumitomo Mitsui Auto Service Company, Limited; P.T. Oto Multiartha. For the fiscal year ended March 31, 2012, the Transportation & Construction Systems segment reported profit of JPY29,609m, contributing 11.3% of total profit. The Infrastructure Business segment operates social infrastructure projects like electric power, water and sewage, and port projects. Its industrial infrastructure projects include telecommunications, renewable energy like wind power generation ventures, and industrial facilities. The segment also has operational focus on business and trade in electric power and power plant EPC, telecommunication, wind power, water and sewage, and industrial infrastructure fields. Recently the company started its operations at Tanjung Jati B coal fired thermal power plant for generation of 660MW units of power. It also expects to sign a long-term power purchase agreement with the Abu Dhabi Water and Electricity Authority. For the fiscal year ended March 31, 2012, the Infrastructure Business segment reported profit of JPY9,995m, contributing 3.8% of total profit. The company's Media, Network, and Life Style Retail divisions operate in wide range of media and communications areas, which include cable TV and satellite broadcasting; and sales and development of telecommunications and electronics equipment and related components, systems and devices. In media segment, the unit has developed business in infrastructure and content focusing on the cable television (CATV), multi-channel programming distribution, and movie-related businesses. The Network segment of the company involves in IT solutions, mobile communications and the Internet. In the Lifestyle/ Retail field, the company engages in food supermarkets, drugstore, various mail order business and fashion brand business. For the fiscal year ended March 31, 2012, the Media, Network, and Life Style Retail segment reported profit of JPY29,842m, contributing 11.4% of total profit. The Mineral resource, Energy, Chemical & Electronics business unit formed through the merger of Mineral Resources & Energy Business Unit and Chemical & Electronics Business Unit in 2009. The Ambatovy Nickel project in Madagascar is expected to start production by the end of fiscal 2011. The segment is involved in trading and developing of various mineral and enegry resources which include copper, coal, petroleum, iron ore, non-ferrous metal, petroleum, natural gas and LNG, nickel, uranium, and ironore. This segment is also involved in development of electronic and solar batteries, plastic, organic and innorganic chemicals, silicon wafers, LEDs, bio/pharmaceutical, agricultural chemicals and house hold pesticides. For the fiscal year ended March 31, 2012, the Mineral resource, Energy, Chemical & Electronics business segment reported profit of JPY89,833m, contributing 34.2% of total profit. The General Products & Real Estate segment is involves in trading, marketing, manufacturing, selling, processing and distribution of food, foodstuffs, fertilizers, cement, timber, building materials, paper pulp, used paper and tires. It also engaged in real estate activities relating to office buildings, commercial and residential real property. For the fiscal year ended March 31, 2012, the General Products & Real Estate segment reported profit of JPY19,663m, contributing 7.5% of total profit. The New Industry Development & Cross-function Business Unit focuses on developing and promoting businesses in the new industry areas through consolidating various dispersed resources in the company. It is also engaged in consolidating as well as developing and promoting businesses in the environment and new energy sector like solar photovoltaic power generation, emissions trading and reduction of greenhouse gas, environmental recycling, and Lithium-ion batteries, and investment for sourcing innovative technologies and new business seeds. For the fiscal year ended March 31, 2012, the New Industry Development & Cross-function Business segment reported profit of JPY14,572m, contributing 5.5% of total profit. The Domestic Regional Business Units and Offices segment conducts its domestic operations in three regions namely Kansai, Chubu and Kyushu-Okinawa. It carries out its operations based in industry-based business segments to develop products and services focused on particular region. For the fiscal year ended March 31, 2012, the Domestic Regional Business Units and Offices segment reported profit of JPY4,998m, contributing 1.9% of total profit. The Overseas subsidiaries and branches operation focuses on business activities in all sectors around the world. It operating subsidiaries include Sumitomo Corporation of America, and Sumitomo Corporation Europe Holding Limited. For the fiscal year ended March 31, 2012, the Overseas subsidiaries and branches operation segment reported profit of JPY48,923m, contributing 18.6% of total profit. Geographically the company operates in Japan, Asia, North America, Europe and others.Further, Sumitomo is carrying additional business operations through two business units: Kansai Regional; and Chubu Regional. The Kansai Regional business unit focuses on various business activities such as developing and implementing product strategies on a global and regional basis that covers the Kinki, Chugoku and Shikoku regions. The Chubu Regional business unit is carrying out business operations across a wide range of fields include metals, machinery and electric systems, aerospace, chemicals, and materials & supplies/ energy. This Chubu unit also has strong presence in the automotive and aerospace sectors.Through its subsidiary, SMS International Corporation, Sumitomo acquired controlling interest in Sunstate Equipment Co., LLC by increasing its ownership of common membership interest to 80% in January 2013. In June 2013, Japan Petroleum Exploration Co., Ltd., entered into an agreement to form a joint venture with the company, and its subsidiay Sumitomo Corporation Hokkaido Co., Ltd., for the development of solar power business in Tomakomai City, Japan.

 

Sumitomo Corporation (Sumitomo) is a diversified business enterprise. The company operates in various businesses, such as, metal products, transportation, construction systems, infrastructure, media, network & lifestyle retail, general products, real estate, financial services, logistics, mineral resources & energy, chemicals and electronics. The company and its subsidiaries conduct operations in about 65 countries. Sumitomo is headquartered at Tokyo, Japan.The company's strategic aim is to expand its business across various sectors. To this end, Sumitomo focuses on forming joint ventures with leading companies in the sector, establishing subsidiaries in new markets, and acquiring existing businesses that complement and strengthen its operations.The company reported revenues of (Yen) JPY 3,016,249.00 million during the fiscal year ended March 2013, a decrease of 7.51% from 2012. The operating profit of the company was JPY 162,481.00 million during the fiscal year 2013, a decrease of 25.83% from 2012. The net profit of the company was JPY 232,451.00 million during the fiscal year 2013, a decrease of 7.27% from 2012.

 

Other Support Activities for Transportation

 

 

 

 

 

 

Financial Data

Financials in:

JPY(mil)

 

Revenue:

3,016,249.0

Net Income:

232,451.0

Assets:

7,832,757.0

Long Term Debt:

3,165,737.0

 

Total Liabilities:

5,779,941.0

 

Working Capital:

1,062.7

 

 

 

Date of Financial Data:

31-Mar-2013

 

1 Year Growth

-7.5%

-7.3%

8.4%

 

Market Data

Quote Symbol:

8053

Exchange:

Tokyo Stock Exchange

Currency:

JPY

Stock Price:

1,312.0

Stock Price Date:

07-05-2013

52 Week Price Change %:

15.8

Market Value (mil):

1,640,791,040.0

 

SEDOL:

6858946

ISIN:

JP3404600003

 

Equity and Dept Distribution:

FY'04-'07 1Q & 3Qs' WAS & O/S are prior period number. All WAS are estimated. FY'03 & FY'02 RES are reported based on US GAAP. FY'03-04 Fincl.are restated based on US EITF rule. 3/04 sum Q = 12 months. FY'08 1Q&3Q's WAS & DWAS were estimated and WAS=O/S. FY'03 3Q WAS was taken from 2Q as the Company did not disclose WAS for 3Q.

 

 

Subsidiaries

Company

Percentage Owned

Country

SC Mineral Resources Pty. Ltd

100%

AUSTRALIA

Sumisho Coal Australia Pty. Ltd

100%

AUSTRALIA

Chiba Kyodo Silo Co., Ltd.

100%

JAPAN

i879 Co., Ltd.

100%

JAPAN

IG Kogyo Co., Ltd.

100%

JAPAN

Reibi Corporation

100%

JAPAN

S.C. Cement Co., Ltd.

100%

JAPAN

S.C. Cement (Kyushu) Co., Ltd.

100%

JAPAN

SC Foods Co., Ltd.

100%

JAPAN

Sumifru Corporation

100%

JAPAN

Sumisho Building Management Co., Ltd.

100%

JAPAN

TBC Corporation

100%

USA

Summit Rural Western Australia Pty. Ltd

100%

AUSTRALIA

Bluewell Corporation

100%

JAPAN

Bluewell Insurance Brokers Ltd.

100%

JAPAN

SC Bio Capital Co., Ltd.

100%

JAPAN

PRESIDIO Ventures LLC

100%

USA

Enessance Holdings Co., Ltd.

100%

JAPAN

LNG Japan Corporation

100%

JAPAN

SCOA Residential L.L.C.

100%

USA

SteelSummit Holdings, Inc.

100%

USA

SteelSummit International Inc.

100%

USA

Montrive Corporation

100%

JAPAN

SC NETSUPER CORP.

100%

JAPAN

Soukai Drug Co., Ltd.

100%

JAPAN

Sumisho Drugstores Inc.

100%

JAPAN

Sumisho Interior International Inc.

100%

JAPAN

Sumitex International Co., Ltd

100%

JAPAN

Summit, Inc.

100%

JAPAN

Nusa Tenggara Mining Corporation

100%

JAPAN

Soda Ash Japan Co., Ltd.

100%

JAPAN

Sumitomo Shoji Chemicals Co., Ltd.

100%

JAPAN

Sumitronics Corporation

100%

JAPAN

Summit Agro International, Ltd.

100%

JAPAN

Summit CRM, Ltd.

100%

JAPAN

Summit Pharmaceuticals International Corporation

100%

JAPAN

Petro Summit Pte. Ltd

100%

SINGAPORE

Sumitronics Taiwan Co., Ltd

100%

TAIWAN

Interacid Trading S.A.

100%

SWITZERLAND

Pacific Summit Energy LLC

100%

USA

SC Minerals America, Inc.

100%

USA

Jupiter Shop Channel Co., Ltd.

100%

JAPAN

Summit Motors Slovakia s.r.o.

100%

SLOVAKIA

Summit Leasing Slovenija d.o.o.

100%

SLOVENIA

Summit motors Ljubljana d.o.o.

100%

SLOVENIA

Tecnosumit (Tecnologia para La Construccion y Mineria S.L.)

100%

SPAIN

Toyota Canarias, S.A.

100%

SPAIN

LLC Summit Motors Ukraine

100%

UKRAINE

Toyota Ukraine

100%

UKRAINE

SMS Construction and Mining Systems Inc.

100%

CANADA

Linder Industrial Machinery Company

100%

USA

SMS International Corporation

100%

USA

Summit Auto Lease Australia Pty Limited

100%

AUSTRALIA

Inamoto Manufacturing Co., Ltd.

100%

JAPAN

SC Hiroshima Energy Corporation

100%

JAPAN

Sumisho Inax Corporation

100%

JAPAN

Sumisho Machinery Trade Corporation

100%

JAPAN

Sumitomo Shoji Machinex Co., Ltd.

100%

JAPAN

Summit Energy Corporation

100%

JAPAN

Summit Power Holdings Limited

100%

JAPAN

Perennial Power Holdings Inc.

100%

USA

Summit Southern Cross Power Pty. Ltd

100%

AUSTRALIA

Asmik Ace Entertainment Inc.

100%

JAPAN

Barneys Japan Co., Ltd.

100%

JAPAN

Sumitomo Corporation Ulaanbaatar

 

MONGOLIA

Minera San Cristóbal S.A.

100%

BOLIVIA

Sumitomo Corporation Taiwan Ltd

 

TAIWAN

Sumitomo France SAS

 

FRANCE

Summit Motor Management, Inc.

100%

USA

Unique Machine, LLC

100%

USA

Sumitomo Corporation Thailand Ltd

100%

THAILAND

Toyota Ly Thuong Kiet

100%

VIETNAM

Summit Auto Trade Facilities

100%

JORDAN

SML Isuzu Limited

53.52%

INDIA

Nissan Otomotiv A.S.

100%

TURKEY

Summit Auto Poland Sp. z.o.o.

100%

POLAND

Summit Motors Poland Sp. z.o.o.

100%

POLAND

Sumitec International, Ltd

100%

RUSSIA

Summit Motors (Vladivostok)

100%

RUSSIA

Summit Finance Slovakia s.r.o.

100%

SLOVAKIA

SC Pipe Services Inc. (U.S.)

100%

USA

Summit Stainless Steel LLC

100%

USA

SC Metal Pty. Ltd

100%

AUSTRALIA

KIRIU Corporation

100%

JAPAN

SC-ABeam Automotive Consulting

100%

JAPAN

SC Automotive Investment

100%

JAPAN

Sumisho Aero-Systems Corporation

100%

JAPAN

Sumitomo Mitsui Auto Service Company, Limited

100%

JAPAN

Sumisho Marine Co., Ltd.

100%

JAPAN

Sumisho Rental Support Corporation

100%

JAPAN

SC Construction Machinery (Shanghai) Corporation

100%

PEOPLE'S REPUBLIC OF CHINA

Oto Multiartha, PT

100%

INDONESIA

Sumitomo Benelux SA/NV

100%

BELGIUM

Sumitomo Corporation Asia Pte Ltd

100%

SINGAPORE

Sumitronics Asia Pte Ltd

 

SINGAPORE

Asian Steel Company Ltd

 

SINGAPORE

Summit Wool Spinners Limited

100%

NEW ZEALAND

SC Tubular and Steel Products (M.E.) FZCO

100%

UNITED ARAB EMIRATES

Summit D&V Kft.

100%

HUNGARY

ERYNGIUM Ltd.

100%

UK

Sumitomo Corporation Capital Europe Plc

100%

UK

Summit Tubulars Corporation

100%

CANADA

Atlantic Hills Corporation

100%

USA

Diversified CPC International, Inc.

100%

USA

Global Stainless Supply, Inc.

100%

USA

Katana Summit, LLC

100%

USA

123 Mission St., LLC

100%

USA

Oxford Finance Corporation

100%

USA

Premier Pipe, L.P.

100%

USA

SCSK Corporation

 

JAPAN

Sumisho Speciality Steel Corporation

100%

JAPAN

Sumisho Tekko Hanbai Co., Ltd.

100%

JAPAN

Summit Showa Aluminum Ltd.

100%

JAPAN

Summit Steel Corporation

100%

JAPAN

Summit Steel Oita

100%

JAPAN

Tanimoto Steel Corporation

100%

JAPAN

Dong Guan S.Y. Metal Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Foshan Summit Nikka Mold & Metal Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Shanghai Hi-Tec Metal Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Shanghai Summit Metal Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Tianjin Hua Zhu Metal Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Zhongshan Nomura Steel Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Super Steel Karawang, PT

100%

INDONESIA

Steel Centre Malaysia Sdn. Bhd

100%

MALAYSIA

Mactan Steel Center Inc

100%

PHILIPPINES

Mason Metal Industry Co., Ltd

100%

TAIWAN

Thai Steel Service Center Ltd

100%

THAILAND

Hanoi Steel Center Co., Ltd

100%

VIETNAM

Mezon Stainless Steel FZCO

100%

UNITED ARAB EMIRATES

Summit Steel (M.E.) FZCO

100%

UNITED ARAB EMIRATES

Servilamina Summit Mexicana S.A. de C.V

100%

MEXICO

Thang Long Industrial Park II Corporation

100%

VIETNAM

Sumisho Aircraft Asset Management B.V.

100%

NETHERLANDS

Bluewell Reinsurance Company (Bermuda) Ltd.

100%

UK

Sumitomo Corporation Global Commodities Limited

100%

UK

Ishida Metal Co., Ltd.

100%

JAPAN

Nippon Katan Co., Ltd.

100%

JAPAN

SC Machinery & Service Co., Ltd.

100%

JAPAN

SC Pipe Solutions Co., Ltd.

100%

JAPAN

Sumisho Airbag Systems Co., Ltd.

100%

JAPAN

Sumisho Material Chugoku Co., Ltd.

100%

JAPAN

Sumisho Montblanc Co., Ltd.

100%

JAPAN

Sumisho Steel Sheets Works Co., Ltd.

100%

JAPAN

Tortoise Co., Ltd.

100%

JAPAN

Alcut Co., Ltd.

100%

JAPAN

Hokkaido Shearing Kaisha, Ltd.

100%

JAPAN

Ishihara Kohtetu Co., Ltd

100%

JAPAN

KS Summit Steel Co., Ltd.

100%

JAPAN

Mazda Steel Co., Ltd.

100%

JAPAN

SC Tubulars Co., Ltd.

100%

JAPAN

Sumitomo Corporation Korea Ltd

100%

SOUTH KOREA

Sofuku-koki Co., Ltd.

100%

JAPAN

Sumisho Metalex Corporation

100%

JAPAN

Shanghai Nikka Metal Products Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Sumitomo Corporation do Brasil S.A.

 

BRAZIL

Sumisho Paper Co., Ltd.

100%

JAPAN

Sumisho Realty Management Co., Ltd.

100%

JAPAN

Sumisho Tatemono Co., Ltd.

100%

JAPAN

Sumisho Urban Kaihatsu Co., Ltd.

100%

JAPAN

Summit Agri-Business Corporation

100%

JAPAN

Summit Oil Mill Co., Ltd.

100%

JAPAN

Yasato Kosan Kaisha, Ltd.

100%

JAPAN

Sumifert Sdn. Bhd

100%

MALAYSIA

Sumitomo Corporation Europe Limited

100%

UK

Sumi-Thai Fertilizer Co., Ltd

100%

THAILAND

ZAO STS Technowood

100%

RUSSIA

Sumisho Global Logistics Co., Ltd.

100%

JAPAN

Sumisho Materials Corporation

100%

JAPAN

Summit Air Service Corporation

100%

JAPAN

Sumisho Global Logistics South China Co., Ltd

100%

PEOPLE'S REPUBLIC OF CHINA

Sumitomo Corporation Equity Asia Limited

100%

HONG KONG SAR

East Jakarta Industrial Park, PT

100%

INDONESIA

Bluewell Insurance (Singapore) Pte. Ltd

100%

SINGAPORE

Sumisho Global Logistics (Thailand) Co., Ltd

100%

THAILAND

Thang Long Industrial Park Corporation

100%

VIETNAM

WAM!NET Japan K.K.

100%

JAPAN

Calamba Steel Center Inc

100%

PHILIPPINES

Sumitomo Australia Pty Ltd

100%

AUSTRALIA

Summit Petrochemical Trading Inc.

100%

USA

The Hartz Mountain Corporation

100%

USA

Summit Oto Finance, PT

100%

INDONESIA

Summit Auto Management

100%

THAILAND

Summit Capital Leasing Co., Ltd

100%

THAILAND

SC Motors Sweden AB

100%

SWEDEN

Sumisho Global Logistics (USA) Corporation

100%

USA

 

 

 

 

Shareholders

 

 

Major Shareholders

Japan Trustee Services Bank, Ltd (7.07%); The Master Trust Bank of Japan, Ltd (6.94%)

 

 

 

 

 

Key Corporate Relationships

Auditor:

KPMG AZSA LLC

 

Auditor:

KPMG AZSA & Co, KPMG AZSA LLC

 

 

 

 

 

 

 

 

 

Sumitomo Corp

 

The Strategic Initiatives report is created using technology to extract meaningful insights from analyst reports about a company's strategic projects and investments. More about Strategic Initiatives

 

Strategic Initiatives

 

Key Organizational Changes

took a stake in the Sierra Gorda copper project in Chile to develop the project, which is expected start production in 2014. Under the life science business, the company sold majority stake in Hartz Mountain Corporation (Hartz) to Unicharm Corporation to expand Hartz’s business, through Unicharm’s technology and product development capabilities. Besides, it increased global development of its agricultural chemicals business through the acquisition of share in the Rumanian company Alcedo S.R.L, which supplies agricultural materials. It also established a company to sell agricultural chemicals in the US. Under the construction and real estate business, the company opened the largest shopping mall in Kanagawa Prefecture.
Source:
GlobalData, July 4, 2013

 

Partnerships

 


Source:
GlobalData, July 4, 2013

 

Sales and Distribution

 

Under the construction and mining systems business, Sumitomo established a new sales and service operation in Russia to offer mining machinery and material handling equipment manufactured by Komatsu Ltd. Under the telecommunications, environment, and industrial infrastructure business, Sumitomo's focus is to develop projects in wind-generated power. Under the media business, the company expanded its operations through the acquisition of majority interests in Yokohama Cable Vision Inc. In the network business, the company's subsidiary Sumisho Computer Systems Corporation, merged with CSK Corporation to strengthen its information-technology business supported by growth in cloud-related services business. Through the lifestyle retail business, the company started transmission through digital terrestrial broadcasting and increased the number of satellite broadcasting channels. Under the mineral resources business, the company along with Sumitomo Metal Mining Co.
Source:
GlobalData, July 4, 2013

 

 

 

 

Strengths/Weaknesses (SWOT)



 

Helpful
to achieving the objective

Harmful
to achieving the objective

Internal Origin
(attributes of the organization)

Strengths

·        Improving Operational Efficiencies

·        Well Established Geographical Operations

·        Business Diversity

Weaknesses

·        Substantial Debt

External Origin
(attributes of the environment)

Opportunities

·        Expansion into Renewable Energy Space

·        Potential Opportunities in China and India

·        Medium-term Development Plan

Threats

·        Economic Slowdown and Market Dynamics

·        Environmental Regulations

·        Projects Delays

 


Overview

 

Sumitomo Corporation (Sumitomo) is one of the leading general trading companies in the world, which trades in several products. The company carries out its operations through a large number of business segments supported by its wide operational network. However, rising debt could affect its operations. The company could capitalize on its mid-term development plan and potential opportunities offered in the renewable energy market.

 

 

Strengths

 

Improving Operational Efficiencies

Improvement in operational efficiencies help Sumitomo to capitalize over its business operations. During the fiscal year ended March 2012 (fiscal 2012), the company's total revenue increased 5.2%, and 13.4%, respectively to JPY3,260,995m, compared to $3,100,185.00m and JPY2,876,746m during fiscal year 2011 and 2010, respectively. Such improvement in revenue during fiscal 2012 could be attributed to improvement in all of its segments, except metal products segment. During fiscal 2012, the company controlled its costs that helped it to capitalize over its revenue performance. The company's total operating costs (as a % of sales) declined from 96.7% in fiscal 2010 to 94.1% in fiscal 2011 and further to 93.3% in fiscal 2012. As a result, its profit margins such as gross margin, operating margin and net profit margin increased from 26.9%, 3.3% and 5.7% in fiscal 2010 to 27.9%, 5.8% and 6.5% in fiscal 2011, and further to 28.2%, 6.7% and 7.7% in fiscal 2012. Such performance would support the company's growth performance.

 

Well Established Geographical Operations

Sumitomo is a geographically diversified company with its operations spread across the world. The company conducts its business operations in 140 locations in 64 countries across the world. The company in total operates through 594 consolidated subsidiaries and 222 associated companies in domestic and international regions. Sumitomo's geographical operations comprise Japan, Asia, North America, Europe/CIS, Central and South America, Middle East and Africa and Oceania. In Japan, the company operates three business units, three regional main offices, six branch offices and three subsidiaries. Its international operations comprise three main offices in Manila, Kuala Lumpur, Johannesburg and 25 representative offices. The company operates 18 subsidiaries in Asia, followed by eight in Europe/CIS, eight in Central and South America, three in Middle East and Africa, two in North America and one in Australia. Its international operations are primarily handled by 18 subsidiaries in Asia, eight subsidiaries in Europe/CIS, two in North America, eight in Central and South America, three in Middle East and one in Oceania. Besides, its international subsidiaries in total operate 87 head, branch and other offices. Sumitomo's direct operational presence in its markets provide better understanding of customer requirements and helps to provide more localized services. Besides, wide geographic presence reduces the impact of market volatility and provides economic stability for the company.

 

Business Diversity

Sumitomo operates as an integrated trading company having diversified business operations. The diversification reduces overall risk to the company’s business and offers a competitive edge. It also helps to fulfill the varying demand of customers. The company conducts its operations through a number of business segments, namely, metal products; transportation and construction systems; infrastructure; media, network and lifestyle retail; mineral resources, energy, chemical and electronics; general products and real estate; and new industrial development and cross function; domestic regional business units and offices; and overseas subsidiaries and branches. during the fiscal year ended march 2012, Sumitomo generated 34.2% of its net profit from mineral resources, energy, chemical and electronics business followed by overseas subsidiaries and branches (18.61%), media, network and lifestyle retail (11.3%), transportation and construction systems (11.3%), general products and real estate (7.5%), metal products (5.9%), new industry development and cross-function (5.6%), infrastructure (3.8%), and remaining 1.9% was generated by the domestic regional business units and offices business. It also invests in other businesses such as solar energy, geothermal energy, biomass energy, wind energy and other clean, renewable, environmentally friendly energy sources. Sumitomo’s business model mitigates volatility that could arise with a specific segment and allows it to generate high revenues.

 

 

Weaknesses

 

Substantial Debt

Sumitomo’s high debt burden could significantly impact the operational performance since a major portion of the company's earnings would be diverted towards servicing of its debt obligations. High debt would be an important concern from the investor’s point of view as well. At the end of fiscal 2012, the company had a total debt position JPY3,613,815m with a debt to equity ratio of 213.9%. Besides, at the end of fiscal 2012, the company had a total liabilities of JPY5,537,713m. During fiscal 2012, the company's interest-bearing liabilities (net) were JPY2,786,700m. This substantial amount of debt requires the company to dedicate a significant portion of its cash flow from operations to service interest and principal payments on debt. Any reduction in revenues and operating cash flows could hinder the company’s ability to repay interest and principal, resulting in defaults. With this huge debt burden Sumitomo could feel credit crunch in future and that would affect the financial health of the company.

 

 

Opportunities

 

Expansion into Renewable Energy Space

Sumitomo’s focus on sourcing energy requirements through renewable energy promises strong growth in the coming years. In March 2012, the company through its subsidiary Sumitomo Corporation of America signed a 50-50 ownership agreement with Duke Energy Renewables for two wind farms, namely, Cimarron II wind project of installed capacity 131.1 megawatt (MW) and Ironwood wind project 167.9 MW located in Kansaa, the US. During 2011, Sumitomo opened a large-scale photovoltaic (PV) power plant in southern France. The plant is developed to provide electricity to a French power company under a long-term contract. Earlier, the company opened PV plants in Spain and Italy. Sumitomo also plans to further add such projects in future across potential growth regions. In 2011, the company through its local partners was selected to install a 100 MW wind farm project in South Africa. Earlier in 2011, Sumitomo through its subsidiary Sumitomo Corporation of America joined GE to develop and manage the world's largest wind farm, the 845 MW Shepherds Flat wind project currently under construction in Oregon. These initiatives would enable the company to benefit from new opportunities in the growing global wind power market.

 

Potential Opportunities in China and India

The increasing consumption of metals in Indian and Chinese markets creates huge opportunity for the company. As population and industries grow in India and China, so does the demand for several metals in both these countries. The pace of industrialization in China and India and other Asian countries are expected to keep global demand for these commodities high in coming years. Increasing investments in emerging markets, particularly in China and India provides growth opportunities for Scope. According to industry estimates, infrastructure investments are expected to increase sharply in emerging markets. With a population of more than 1 billion, China and India’s infrastructure needs are massive. China and India are expected to spend close to $803.5 billion for infrastructure projects by 2012. According to Asian Development Bank, in the next 10 years China will spend approximately $4.37 trillion on infrastructure. The nation will invest the amount to build and upgrade energy infrastructure, telecommunications, transport, and water and sanitation infrastructure. In March 2011, China's 12th Five-Year Plan (2011-2015) was released. Some of the key infrastructure related points included in the reports were to develop emerging strategic industries, construct large-scale hydropower plants; length of high-speed railway to be increased to 45,000 km; length of highway network will reach 83,000 km; construction of a new airport in Beijing; total number of airport to be increased from 175 to 220; and construction of 36 million affordable apartments for low-income people. The Indian Prime Minister also declared to invest $1 trillion towards infrastructure during the India’s 12th Plan (2012-17), which would double the current plan figure. The share of spend on transportation (roads, railways, ports and airports), which stood 33% of total infrastructure spend in the 11th Plan, is expected to double in the 12th plan, and could be approximately $1,000 billion, against $500 billion. Brazil is expected to spend approximately $900 billion in the coming years to construct port facilities, power plants, hydroelectric dams, and a high-speed railway, among others. Thus, strong economic growth prospects and requirement provides immense scope to the company to further enhance its market penetration in these two markets.

 

Medium-term Development Plan

Planned development and expansion activities provide future growth opportunities for the company. Sumitomo in April 2011, launched 'ƒ(x)', its medium-term management plan (2011-2012) to achieve its planned growth activities. Under the plan the company aims to capture several structural changes in the global economy to tap the potential opportunities offered. The company's primary target is to achieve cross-boundary growth in its geographical markets through fast execution of its business model. Under the two year plan, the company plans to invest and finance of JPY580 billion in several key growth segments such as mineral resources and energy, and environment and new energy. During the period, Sumitomo aims to enhance its market position in those markets which are witnessing growth in population and economy in Asia and North America. During fiscal 2012, Sumitomo initiated several activities to meet its medium-term plan. Under the metal products business, the company established Summit Railroad Products, Inc., in the US for the sale of railway wheels and axles. The new sales company is aimed to meet the expected growth in demand in North America. It also acquired share in a US-based manufacturer of small-diameter seamless steel pipe, V&M TWO, LLC. The acquisition is aimed to supply small-diameter seamless steel pipe to to capture the growth in the non-conventional energy sources in the US. The company also won an order to supply tubular products use in liquefied natural gas (LNG) development by Inpex Corporation in Australia. In the automotive business, the company through Sumitomo Mitsui Auto Service Company Limited, formed a business alliance with Hitachi Capital Corporation Group to focus on auto leasing business. Under the construction and mining systems business, Sumitomo established a new sales and service operation in Russia to offer mining machinery and material handling equipment manufactured by Komatsu Ltd. Under the telecommunications, environment, and industrial infrastructure business, Sumitomo's focus is to develop projects in wind-generated power. Under the media business, the company expanded its operations through the acquisition of majority interests in Yokohama Cable Vision Inc. In the network business, the company's subsidiary Sumisho Computer Systems Corporation, merged with CSK Corporation to strengthen its information-technology business supported by growth in cloud-related services business. Through the lifestyle retail business, the company started transmission through digital terrestrial broadcasting and increased the number of satellite broadcasting channels. Under the mineral resources business, the company along with Sumitomo Metal Mining Co., Ltd. took a stake in the Sierra Gorda copper project in Chile to develop the project, which is expected start production in 2014. Under the life science business, the company sold majority stake in Hartz Mountain Corporation (Hartz) to Unicharm Corporation to expand Hartz’s business, through Unicharm’s technology and product development capabilities. Besides, it increased global development of its agricultural chemicals business through the acquisition of share in the Rumanian company Alcedo S.R.L, which supplies agricultural materials. It also established a company to sell agricultural chemicals in the US. Under the construction and real estate business, the company opened the largest shopping mall in Kanagawa Prefecture. In the field of renewable energy, the company opened a large-scale photovoltaic (PV) power plant in France. The company is also participating in a feasibility study along with NEC Corporation, Nissan Motor Co., Ltd., and Showa Shell Sekiyu K. K. to establish recharging services stations. Besides, the company along with Sumitomo Mitsui Banking Corporation and Sumitomo Mitsui Finance and Leasing Company, Limited, acquired aircraft leasing business from the Royal Bank of Scotland Group plc. During the first three months of 2012, the company took several initiatives such as launch e-commerce business in China and Indonesia; signed power purchase agreements (PPAs) for its geothermal projects in Indonesia; negotiations to procure natural gas from Cove Point LNG Project in the US; establishment of steel building materials joint venture in Vietnam; and acquisition of Midas Inc (Midas), a leading provider of auto repair and maintenance services, with a stores network of 2,250 in 14 countries, including 1,500 in the US and Canada; among others. Such initiatives will enhance the company's overall competency in the global marketplace.

 

 

Threats

 

Economic Slowdown and Market Dynamics

The company could face several challenges due to global economic slowdown. IMF in its April 2012 outlook revised world economic growth to 3.25% for 2012, compared to its September 2011 estimated of 4%. IMF in its report also mentions that during 2013, the world economy is expected to improve to 4.1%. However, weak economic situation in Europe, and high unemployment levels in a number of advanced economies will continue to affect the global economy. The US is also expected to record moderate growth of 2.1% and 2.5% in 2012 and 2013, due to ongoing fiscal consolidation and weakness in housing prices. In Europe, GDP growth is expected to contract in the first half of 2012 and will recover thereafter. But Spain, Italy, Greece, and Portugal will start to recover only in 2013. Besides, emerging Europe's growth is expected to decline to 1.9% in 2012. As a result, during 2012 and 2013, Europe is expected to record a growth of 0.2% and 1.4%, respectively. The sluggish economic growth could cause some of the company’s customers to be unable to fully comply with the terms of their purchase agreements.

 

Environmental Regulations

The company's business activities are exposed to severe environmental regulations relating to global warming. The Kyoto Protocol called for a reduction in greenhouse gases in industrial countries. According to the protocol, all industrialized countries need to reduce their greenhouse gas emissions level by 5.2% a year from 2008-2012, compared with the emission levels in 1990. Earlier in December 2011, the U.N. Climate Change Conference in Durban, Africa, formed a process to formulate a new post-2020 climate change protocol, 'Durban Platform for Enhanced Action'. Under the new protocol developed countries and developing countries such as India, China, Brazil, and South Africa, would undertake legally binding commitments after 2020. Besides, some of the countries agreed for the extension of the Kyoto Protocol for another commitment period, commencing in 2013 and expiring in 2018 or 2020. If the company fails to comply with applicable environmental laws and regulations, it may be subject to civil liabilities or penalties that could affect its financial position.

 

Projects Delays

The company participates in a number of projects in domestic and several international markets. The company's operations are affected by laws and other factors prevailing in its several markets, which are out of its control. In 2005, the company acquired a 27.5% stake in Ambatovy project in 2005, a large-scale nickel and cobalt mine. However, the projects witnessed significant delays due to domestic situations. However, in early 2012 the projects was in the final stage of its completion. The company has also faced such project delays in the past as well. Such projects delays not only affect the company's operations but also leads to additional financial burden.

 

 

 Corporate Structure News:

                                                       

Sumitomo Corp
Total Corporate Family Members: 3219
Excluded Small Branches and/or Trading Addresses: 2395 (Available via export)

 

                                                       

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Sumitomo Corp

Parent

Chuo-Ku

Japan

Oil and Gas Operations

36,353.3

73,953

TBC Corporation

Subsidiary

Palm Beach Gardens, FL

United States

Tires

 

9,400

Tire Kingdom, Inc.

Subsidiary

Juno Beach, FL

United States

Tires

 

7,000

TBC

Subsidiary

Memphis, TN

United States

Tires

 

3,500

Tire Kingdom

Branch

Jupiter, FL

United States

Retail (Specialty)

3.6

20

Tire Kingdom

Branch

Royal Palm Beach, FL

United States

Retail (Specialty)

3.6

20

Tire Kingdom

Branch

Bluffton, SC

United States

Retail (Specialty)

3.2

20

Tire Kingdom

Branch

Titusville, FL

United States

Retail (Specialty)

3.0

17

Tire Kingdom Warehouse

Branch

Martinez, GA

United States

Tires

24.5

15

Tire Kingdom

Branch

Greenacres, FL

United States

Retail (Specialty)

2.7

15

Tire Kingdom

Branch

Orlando, FL

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Charlotte, NC

United States

Retail (Specialty)

2.6

15

Tire Kingdom

Branch

New Orleans, LA

United States

Retail (Specialty)

2.5

15

Tire Kingdom

Branch

Lexington, SC

United States

Retail (Specialty)

2.4

15

Tire Kingdom

Branch

Palm Bay, FL

United States

Retail (Specialty)

2.5

14

Tire Kingdom

Branch

St Petersburg, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Pompano Beach, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Brandon, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Miami, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Miami, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Lake Park, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Lakeland, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Pembroke Pines, FL

United States

Retail (Specialty)

2.3

13

Tire Kingdom

Branch

Tampa, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Hialeah, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Wesley Chapel, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Palm Harbor, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Pembroke Pines, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Palm Bay, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Hialeah, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Kissimmee, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Fort Myers, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Boca Raton, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Jacksonville Bch, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

South Miami, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Boca Raton, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Miami, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Tampa, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Gainesville, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Lutz, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Sarasota, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Zephyrhills, FL

United States

Retail (Specialty)

2.1

12

Tire Kingdom

Branch

Mooresville, NC

United States

Retail (Specialty)

2.0

12

Tire Kingdom

Branch

Charlotte, NC

United States

Retail (Specialty)

2.0

12

Tire Kingdom

Branch

Hammond, LA

United States

Retail (Specialty)

2.0

12

Tire Kingdom

Branch

Austin, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

Fort Worth, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

Mesquite, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

San Antonio, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

San Antonio, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

Waco, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

Austin, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Mckinney, TX

United States

Retail (Specialty)

2.1

11

Tire Kingdom

Branch

White Marsh, MD

United States

Tires

13.6

8

Midas, Inc.

Subsidiary

Itasca, IL

United States

Miscellaneous Financial Services

180.0

765

Progressive Automotive Systems

Branch

Itasca, IL

United States

Auto and Truck Parts

82.0

200

Midas Realty Corp

Branch

Itasca, IL

United States

Real Estate Operations

45.0

200

Midas International, Inc.

Subsidiary

Itasca, IL

United States

Auto and Truck Manufacturers

 

140

Midas Asia Pacific Pty. Ltd.

Subsidiary

Melbourne

Australia

Auto and Truck Parts

65.2

80

Corporativo Midas Mexico

Subsidiary

Garza Garcia, NL

Mexico

Auto and Truck Parts

 

21

Midas Canada Inc.

Subsidiary

Markham, ON

Canada

Auto and Truck Parts

 

12

Midas Auto Svc Experts

Branch

Newmarket, ON

Canada

Business Services

3.1

20

Corporacion Mexicana De Servicio Automotriz, S.A. de C.V.

Subsidiary

Garza Garcia

Mexico

Auto and Truck Parts

 

 

Midas Europe SAM

Subsidiary

Monaco

Monaco

Auto and Truck Parts

 

 

Midas France SAS

Subsidiary

Paris

France

Auto and Truck Parts

 

374

Midas Espana

Subsidiary

Alcobendas

Spain

Auto and Truck Parts

 

110

Midas Autoservice GmbH

Subsidiary

Vienna

Austria

Auto and Truck Parts

7.3

75

Midas Italia S.p..A.

Subsidiary

Turin

Italy

Auto and Truck Parts

10.5

60

Midas Belgique

Subsidiary

Berchem

Belgium

Auto and Truck Parts

 

60

Midas Polska

Subsidiary

Warsaw

Poland

Auto and Truck Parts

 

23

Midas Portugal

Subsidiary

Lisbon, Estoril

Portugal

Auto and Truck Parts

 

 

United Auto Service & Maintenance Co Ltd

Subsidiary

Riyadh

Saudi Arabia

Auto and Truck Parts

 

 

Midas Auto Services Experts

Branch

St Louis, MO

United States

Business Services

4.7

42

Cenex Car Care Center

Subsidiary

Alexandria, MN

United States

Business Services

4.2

37

Midas Auto Services Experts

Branch

Milwaukee, WI

United States

Business Services

3.2

30

Midas Auto Services Experts

Branch

Bolingbrook, IL

United States

Business Services

3.4

25

Midas Auto Services Experts

Branch

Arlington, TX

United States

Business Services

2.8

25

Midas Auto Services Experts

Branch

Anchorage, AK

United States

Business Services

2.4

20

Midas Auto Services Experts

Branch

Middletown, NY

United States

Business Services

2.1

12

Midas Properties

Subsidiary

New York, NY

United States

Real Estate Operations

 

10

Premier Car Care

Subsidiary

Amherst, NY

United States

Business Services

1.2

7

Midas Auto Services Experts

Branch

Washington, DC

United States

Business Services

2.1

6

Midas Auto Services Experts

Branch

Washington, DC

United States

Business Services

2.1

6

Kassacar Inc

Subsidiary

Philadelphia, PA

United States

Business Services

0.8

6

Alstar Service Center

Subsidiary

Raleigh, NC

United States

Business Services

0.7

6

Premier Car Care

Subsidiary

Niagara Falls, NY

United States

Business Services

0.9

5

XL Auto Services & Tires

Subsidiary

Canandaigua, NY

United States

Business Services

0.9

5

Erin Inc

Subsidiary

Minneapolis, MN

United States

Business Services

0.6

5

Access Automotive

Subsidiary

St Louis, MO

United States

Business Services

0.6

5

Kings Total Car Care

Subsidiary

Depew, NY

United States

Business Services

 

5

Honest One Automobile Care

Subsidiary

Alexandria, VA

United States

Business Services

0.5

3

Dale's Auto Mechanics

Subsidiary

Conway, AR

United States

Business Services

0.3

3

TBC Private Brands

Division

Memphis, TN

United States

Tires

68.8

200

Big O Tires, Inc.

Subsidiary

Denver, CO

United States

Tires

 

90

TBC Corp

Branch

Humble, TX

United States

Tires

27.1

15

TBC Corp

Branch

Silver Spring, MD

United States

Tires

25.4

15

Carroll Tire

Subsidiary

Dallas, TX

United States

Tires

2.1

15

TBC Corp

Branch

The Colony, TX

United States

Retail (Specialty)

2.1

11

Sumi Indo Wiring Systems, Pt

Subsidiary

Purwakarta, West Java

Indonesia

Auto and Truck Parts

 

1,464

Sumi Agro Europe Ltd.

Subsidiary

London

United Kingdom

Chemical Manufacturing

242.9

460

Sammit Agro Yukrein, Tov

Subsidiary

Kyiv

Ukraine

Chemical Manufacturing

11.0

23

Sumi Agro France

Subsidiary

Paris

France

Chemical Manufacturing

28.8

14

Sumi Agro Ltd.

Subsidiary

London

United Kingdom

Commercial Banks

 

 

Sumi Agro Czech S.R.O.

Subsidiary

Praha 4

Czech Republic

Chemical Manufacturing

20.4

17

Sumi Agro Hungary Kereskedelmi Korlatolt Felelossegu Tarsasag

Subsidiary

Budapest

Hungary

Chemical Manufacturing

13.0

16

Sumitronics Asia Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Financial Services

 

400

Sunstate Equipment Co

Subsidiary

Phoenix, AZ

United States

Construction and Agriculture Machinery

13.1

391

SEVEN INDUSTRIES CO., LTD.

Subsidiary

Minokamo-Shi

Japan

Construction - Supplies and Fixtures

140.8

374

Sutton And East Surrey Water PLC

Subsidiary

Redhill

United Kingdom

Waste Management Services

91.2

228

Smv Zao

Subsidiary

Vladivostok G.

Russian Federation

Auto and Truck Manufacturers

82.2

227

Wuxi Summit-Bao Metal Products Co.,Ltd.

Subsidiary

Wuxi, Jiangsu

China

Miscellaneous Capital Goods

52.5

160

Cs. Metal Company Limited

Subsidiary

Phra Pradaeng, Samut Prakan

Thailand

Miscellaneous Fabricated Products

 

130

Hangzhou Summit Metal Products Co.,Ltd.

Subsidiary

Hangzhou, Zhejiang

China

Iron and Steel

36.9

120

Shanghai Nikka Metal Products Co., Ltd.

Subsidiary

Shanghai, Shanghai

China

Miscellaneous Capital Goods

13.4

120

Sumitomo Corporation Iran Ltd

Subsidiary

Tehran

Iran

Construction Services

 

110

SC Motors Sweden AB

Subsidiary

Sollentuna

Sweden

Auto and Truck Manufacturers

523.0

108

Foshan Summit Nikka Mold & Metal Products Co., Ltd.

Subsidiary

Foshan, Guangdong

China

Miscellaneous Capital Goods

15.0

100

Toyota Canarias Sociedad Anonima

Subsidiary

Las Palmas De Gran Canaria, Las Palmas

Spain

Retail (Specialty)

45.1

96

Nissan Otomotiv A S

Subsidiary

Istanbul (Anatolia)

Turkey

Auto and Truck Manufacturers

 

85

Sumitomo Corporation Taiwan Ltd

Subsidiary

Taipei

Taiwan

Miscellaneous Capital Goods

 

75

Dalian Summit Metal Products Co., Ltd.

Subsidiary

Dalian, Liaoning

China

Miscellaneous Fabricated Products

8.7

50

Idemitsu Petroleum UK Ltd.

Subsidiary

London

United Kingdom

Oil and Gas Operations

129.4

21

Idemitsu North Sea Oil Ltd.

Subsidiary

London

United Kingdom

Oil and Gas Operations

 

 

I879Co.,Ltd.

Subsidiary

Shinagawa-Ku, Tokyo

Japan

Personal Services

37.3

21

Sumitomo Corporation Global Commodities Ltd.

Subsidiary

London

United Kingdom

Investment Services

19.7

21

Summit Petroleum Ltd.

Subsidiary

London

United Kingdom

Oil and Gas Operations

203.3

17

Summit Petroleum UK Ltd.

Subsidiary

London

United Kingdom

Commercial Banks

 

 

Summit Petroleum Dorset Ltd.

Subsidiary

London

United Kingdom

Oil and Gas Operations

34.6

 

Summit Petroleum Pipeline Ltd.

Subsidiary

London

United Kingdom

Oil and Gas Operations

 

 

Petro Summit E & P Corporation

Subsidiary

Chuo-Ku, Tokyo

Japan

Miscellaneous Financial Services

 

17

Summit Auto Management (Thailand) Company Limited

Subsidiary

Bang Phli, Samut Prakan

Thailand

Real Estate Operations

0.6

5

Sumitomo Corporation Bureau De Liaison A Alger

Subsidiary

Alger

Algeria

Auto and Truck Manufacturers

 

5

Summit Development

Subsidiary

Bruxelles

Belgium

Retail (Specialty)

142.8

1

Summit Auto Magyarorszag Szolgaltato Zartkoruen Mukodo Reszvenytarsasag Vegelszamolas Alat

Subsidiary

Budapest

Hungary

Retail (Specialty)

 

1

Summit Global Management Ii B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Miscellaneous Capital Goods

 

1

Sumitomo Corporation Europe Holding Ltd.

Subsidiary

London

United Kingdom

Business Services

 

200

Sumitomo France SAS

Subsidiary

Paris

France

Miscellaneous Capital Goods

147.8

34

Triton Navigation B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Construction and Agriculture Machinery

124.1

5

Triton Rail Leasing B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Consumer Financial Services

 

 

Sumitomo Shoji Machinex Co.,Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Miscellaneous Capital Goods

776.9

 

Sc Foods Co.,Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Food Processing

775.8

 

Sumisho Drugstores Inc.

Subsidiary

Bunkyo-Ku, Tokyo

Japan

Retail (Drugs)

721.7

 

Sc Pipe Solutions Co., Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Miscellaneous Capital Goods

651.7

 

Sumitex International Company Limited

Subsidiary

Chiyoda-Ku, Tokyo

Japan

Apparel and Accessories

594.5

 

Sumisho Global Logistics Co.,Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Miscellaneous Transportation

427.8

 

Summit Crm, Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Miscellaneous Capital Goods

368.6

 

Calamba Steel Center Inc

Subsidiary

Calamba City

Philippines

Construction - Supplies and Fixtures

349.7

 

Sumitek Interneishnl Ooo

Subsidiary

Moscow

Russian Federation

Miscellaneous Fabricated Products

324.1

 

Sumitec Ukraine Subsidiary Company With Foreign Investments

Subsidiary

Prolisky Village

Ukraine

Construction and Agriculture Machinery

42.2

 

Sumi-Power Malaysia Sdn Bhd

Subsidiary

Kuala Lumpur, Kuala Lumpur

Malaysia

Construction Services

268.1

 

Sumisho Steel Corporation (Hong Kong) Limited

Subsidiary

Admiralty, Hong Kong

Hong Kong

Miscellaneous Capital Goods

256.9

 

Shinko Sugar Co.,Ltd.

Subsidiary

Osaka, Osaka

Japan

Food Processing

176.6

 

Igkogyo.Co.,Ltd.

Subsidiary

Higashine, Yamagata

Japan

Construction - Supplies and Fixtures

164.1

 

Soukai Drug Co.,Ltd.

Subsidiary

Shibuya-Ku, Tokyo

Japan

Retail (Drugs)

157.9

 

Petrocokes Japan Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Oil and Gas Operations

148.6

 

Hokkaido Sharing Co.,Ltd.

Subsidiary

Kitahiroshima, Hokkaido

Japan

Business Services

76.4

 

Sumisho Interior International Inc.

Subsidiary

Chuo-Ku, Tokyo

Japan

Furniture and Fixtures

39.8

 

Sofukukoki Co.,Ltd.

Subsidiary

Iga, Mie

Japan

Furniture and Fixtures

37.8

 

Reibi Co.,Ltd.

Subsidiary

Osaka, Osaka

Japan

Business Services

35.7

 

Sumisho Urban Kaihatsu Co.,Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Real Estate Operations

34.7

 

Summit Oto Finance PT

Subsidiary

Jakarta

Indonesia

Consumer Financial Services

 

 

Sumitomo Corporation

Subsidiary

 

Jordan

Nonclassifiable Industries

 

 

Sumitomo Corporation

Subsidiary

Jakarta, Jakarta

Indonesia

Business Services

 

 

Summit Niaga Corporation, Pt

Subsidiary

Jakarta, Jakarta

Indonesia

Miscellaneous Capital Goods

 

28

Sumitomo Corporation

Subsidiary

Doha

Qatar

Construction Services

 

 

Sumitomo Corporation Tsentralnaya Eurasia Ooo

Subsidiary

Moscow

Russian Federation

Miscellaneous Capital Goods

 

 

Summit Agro Argentina S.A.

Subsidiary

Ciudad De Buenos Aires, Ciudad De Buenos Aires

Argentina

Chemical Manufacturing

 

 

Sumitomo Corporation Ulaanbaatar

Subsidiary

Ulaanbaatar

Mongolia

Chemical Manufacturing

 

 

Summit Global Management Iv B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Miscellaneous Capital Goods

 

 

Summit Global Management Viii B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Consumer Financial Services

 

 

Summit Ambatovy Mineral Resources Investment B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Miscellaneous Financial Services

 

 

Summit Telecom Global Management B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Miscellaneous Financial Services

 

 

Sumitomo Corporation - Osaka Office

Subsidiary

Osaka

Japan

Miscellaneous Capital Goods

 

 

SCSK Corp

Subsidiary

Koto-Ku

Japan

Computer Networks

3,358.2

11,797

CSK Systems Corporation

Subsidiary

Tokyo

Japan

Computer Networks

 

3,687

JIEC CO., LTD.

Subsidiary

Shinjuku-Ku

Japan

Computer Networks

163.0

791

VeriServe Corporation

Subsidiary

Shinjuku-Ku

Japan

Computer Networks

67.2

457

CSK Administration Service Corporation

Subsidiary

Tokyo

Japan

Business Services

 

394

CSK WinTechnology Corporation

Subsidiary

Tokyo

Japan

Computer Services

 

150

CSK Systems (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Computer Services

 

125

QUO Card Co., Ltd.

Subsidiary

Tokyo

Japan

Consumer Financial Services

 

120

Fukuoka CSK Corporation

Subsidiary

Fukuoka, Fukuoka-ken

Japan

Computer Services

 

119

Hokkaido CSK Corporation

Subsidiary

Sapporo

Japan

Computer Services

 

114

Sumisho Computer Systems (Europe) Ltd.

Subsidiary

London

United Kingdom

Computer Services

9.1

39

CSK Agricole Corporation

Subsidiary

Inzai, Chiba

Japan

Crops

 

7

Csi Solutions Corporation

Subsidiary

Shinjuku-Ku, Tokyo

Japan

Electronic Instruments and Controls

101.5

 

Csk Win Technology Corporation.

Subsidiary

Shinjuku-Ku, Tokyo

Japan

Computer Services

20.9

 

Plaza Asset Management Co., Ltd.

Subsidiary

Tokyo

Japan

Investment Services

 

 

CSK Systems (Dalian) Co., Ltd.

Subsidiary

Dalian, Liaoning

China

Computer Services

 

 

CSK Securities Service Co., Ltd.

Subsidiary

Tokyo

Japan

Computer Networks

 

 

Super Software Company, Ltd.

Subsidiary

Tokyo

Japan

Computer Services

 

 

CSK-IT Management Corporation

Subsidiary

Tokyo

Japan

Computer Networks

 

 

CSK System Management Corporation

Subsidiary

Tokyo

Japan

Computer Networks

 

 

CSK Prescendo Corporation

Subsidiary

Tokyo

Japan

Computer Services

 

 

CSK Nearshore Systems Corporation

Subsidiary

Tokyo

Japan

Computer Services

 

 

CSK ServiceWare Corporation

Subsidiary

Tokyo

Japan

Computer Services

 

 

Tokyo Green Systems Corporation

Subsidiary

Tokyo

Japan

Business Services

 

 

SML Isuzu Ltd

Subsidiary

Chandigarh

India

Auto and Truck Manufacturers

217.6

1,098

Eryngium Ltd.

Subsidiary

Glasgow

United Kingdom

Construction - Supplies and Fixtures

 

750

Howco Group PLC

Subsidiary

Glasgow

United Kingdom

Construction - Supplies and Fixtures

286.3

458

Howco Quality Alloys Ltd.

Subsidiary

Sheffield

United Kingdom

Construction - Supplies and Fixtures

 

 

Howco Oilfield Services Ltd.

Subsidiary

Sheffield

United Kingdom

Construction - Supplies and Fixtures

 

 

Howco Special Processing Ltd.

Subsidiary

Glasgow

United Kingdom

Construction - Supplies and Fixtures

 

 

Howco Metals Management Ltd.

Subsidiary

Sheffield

United Kingdom

Construction - Supplies and Fixtures

 

175

Howco Metals Management Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

7.5

21

KIRIU Corporation

Subsidiary

Ashikaga, Tochigi

Japan

Auto and Truck Parts

 

500

Kiriu Mexicana, S.A. De C.V.

Subsidiary

Lerma, Campeche

Mexico

Iron and Steel

44.2

526

Kiriu Yamagata Corporation

Subsidiary

Mogami-Gun, Yamagata

Japan

Auto and Truck Parts

59.7

168

Sumitomo Shoji Machinex Co., Ltd.

Subsidiary

Tokyo

Japan

Electronic Instruments and Controls

619.3

371

Sumisho Global Logistics (Thailand) Co., Ltd.

Subsidiary

Khlong Luang, Pathum Thani

Thailand

Business Services

 

332

Sumisho Machinery Trade Corporation

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

2,757.4

321

Sumitex International Co., Ltd

Subsidiary

Tokyo

Japan

Textiles - Non Apparel

 

302

Sumisho Metalex Corporation

Subsidiary

Tokyo

Japan

Water Utilities

 

300

Sumitomo Shoji Financial Management Co., Ltd.

Subsidiary

Tokyo

Japan

Investment Services

 

283

Summit Wool Spinners Limited

Subsidiary

Oamaru

New Zealand

Apparel and Accessories

35.6

275

Sumitomo Shoji Chemicals Co., Ltd.

Subsidiary

Tokyo

Japan

Chemicals - Plastics and Rubber

1,946.2

269

Nippon Giken Industrial Co.,Ltd.

Subsidiary

Chuo-Ku, Tokyo

Japan

Furniture and Fixtures

69.8

 

SMS Equipment

Subsidiary

Acheson, AB

Canada

Rental and Leasing

 

250

SMS Equipment

Branch

Fort Mcmurray, AB

Canada

Construction and Agriculture Machinery

433.9

401

SMS Equipment

Branch

Edmonton, AB

Canada

Construction and Agriculture Machinery

173.9

160

SMS Equipment

Branch

Elkford, BC

Canada

Construction and Agriculture Machinery

108.6

101

SMS Equipment

Branch

Dorval, QC

Canada

Construction and Agriculture Machinery

97.6

90

SMS Equipment

Branch

Port Coquitlam, BC

Canada

Construction and Agriculture Machinery

70.3

65

SMS Equipment

Branch

Fort Mcmurray, AB

Canada

Construction and Agriculture Machinery

33.5

50

SMS Equipment

Branch

Surrey, BC

Canada

Construction and Agriculture Machinery

32.9

50

SMS Equipment

Branch

Saint-Augustin-De-Desmaures, QC

Canada

Construction and Agriculture Machinery

48.9

45

SMS Equipment

Branch

Calgary, AB

Canada

Construction and Agriculture Machinery

43.3

40

SMS Equipment

Branch

Chicoutimi, QC

Canada

Construction and Agriculture Machinery

41.2

38

SMS Equipment

Branch

Wabush, NL

Canada

Construction and Agriculture Machinery

34.0

32

SMS Equipment

Branch

Kamloops, BC

Canada

Construction and Agriculture Machinery

32.2

30

SMS Equipment

Branch

Prince George, BC

Canada

Rental and Leasing

7.2

30

SMS Equipment

Branch

Winnipeg, MB

Canada

Construction and Agriculture Machinery

22.8

21

SMS Equipment

Branch

Val-D'Or, QC

Canada

Construction and Agriculture Machinery

21.5

20

SMS Equipment

Branch

Fredericton, NB

Canada

Construction and Agriculture Machinery

12.0

18

SMS Equipment

Branch

Saskatoon, SK

Canada

Construction and Agriculture Machinery

17.3

16

SMS Equipment

Branch

Grande Prairie, AB

Canada

Construction and Agriculture Machinery

16.1

15

SMS Equipment

Branch

Chetwynd, BC

Canada

Construction and Agriculture Machinery

16.1

15

SMS Equipment

Branch

Baie-Comeau, QC

Canada

Construction and Agriculture Machinery

16.0

15

SMS Equipment

Branch

Regina, SK

Canada

Construction and Agriculture Machinery

13.0

12

SMS Equipment

Branch

Timmins, ON

Canada

Construction and Agriculture Machinery

13.0

12

SMS Equipment

Branch

Red Deer, AB

Canada

Construction and Agriculture Machinery

12.7

12

SMS Equipment

Branch

Saint-Bruno, QC

Canada

Miscellaneous Capital Goods

9.0

12

SMS Equipment

Branch

Trois-Rivieres, QC

Canada

Construction and Agriculture Machinery

9.6

9

SMS Equipment

Branch

Paradise, NL

Canada

Construction and Agriculture Machinery

8.7

8

SMS Equipment

Branch

Williams Lake, BC

Canada

Construction and Agriculture Machinery

7.5

7

SMS Equipment

Branch

Ladysmith, BC

Canada

Construction and Agriculture Machinery

7.5

7

SMS Equipment

Branch

Fort St. John, BC

Canada

Construction and Agriculture Machinery

5.4

5

SMS Equiment

Branch

Havre-Saint-Pierre, QC

Canada

Construction and Agriculture Machinery

5.4

5

Sumitomo Corp Of America

Subsidiary

New York, NY

United States

Construction - Supplies and Fixtures

6,440.2

200

Cantex Inc.

Subsidiary

Mineral Wells, TX

United States

Fabricated Plastic and Rubber

253.0

300

The Hartz Mountain Corporation

Division

Secaucus, NJ

United States

Food Processing

 

300

Hartz-Mountain Corp

Branch

Brandon, FL

United States

Food Processing

9.0

5

Hartz-Mountain Corp

Branch

Monaca, PA

United States

Food Processing

8.7

5

Hartz-Mountain Corp

Branch

Bentonville, AR

United States

Personal and Household Products

6.5

5

Hartz Ec Ltd.

Subsidiary

London

United Kingdom

Personal Services

1.3

4

International Crankshaft Inc

Branch

Georgetown, KY

United States

Miscellaneous Fabricated Products

26.0

170

Valmont-Newmark

Branch

Columbus, NE

United States

Construction - Supplies and Fixtures

46.8

150

Big O Tires Inc

Subsidiary

Palm Beach Gdns, FL

United States

Retail (Specialty)

142.1

100

Big O Tires

Branch

Dublin, CA

United States

Retail (Specialty)

5.6

30

Big O Tires

Branch

Thatcher, AZ

United States

Retail (Specialty)

5.3

30

Big O Tires

Branch

Mesa, AZ

United States

Retail (Specialty)

4.6

26

Big O Tires

Branch

Vacaville, CA

United States

Retail (Specialty)

4.7

25

Big O Tires

Branch

Gilbert, AZ

United States

Retail (Specialty)

4.5

25

Big O Tires

Branch

Prescott, AZ

United States

Retail (Specialty)

4.1

23

Big O Tires

Branch

Grand Junction, CO

United States

Retail (Specialty)

3.8

22

Big O Tires

Branch

Henderson, NV

United States

Retail (Specialty)

3.9

21

Big O Tires

Branch

Pocatello, ID

United States

Retail (Specialty)

3.7

21

Big O Tires

Branch

Alameda, CA

United States

Retail (Specialty)

3.7

20

Big O Tires

Branch

Redding, CA

United States

Retail (Specialty)

3.7

20

Big O Tires

Branch

Grass Valley, CA

United States

Retail (Specialty)

3.7

20

Big O Tires

Branch

Santa Cruz, CA

United States

Retail (Specialty)

3.7

20

Big O Tires

Branch

San Francisco, CA

United States

Retail (Specialty)

3.7

20

Big O Tires

Branch

Salt Lake City, UT

United States

Retail (Specialty)

3.6

20

Big O Tires

Branch

Richfield, UT

United States

Retail (Specialty)

3.6

20

Big O Tires

Branch

Idaho Falls, ID

United States

Retail (Specialty)

3.5

20

Big O Tires

Branch

Longmont, CO

United States

Retail (Specialty)

3.5

20

Big O Tires

Branch

Mooresville, IN

United States

Retail (Specialty)

3.3

20

Big O Tires

Branch

New Albany, IN

United States

Retail (Specialty)

3.3

20

Big O Tires

Branch

Reno, NV

United States

Retail (Specialty)

3.5

19

Big O Tires

Branch

Cottonwood, UT

United States

Retail (Specialty)

3.4

19

Big O Tires

Branch

Mesa, AZ

United States

Retail (Specialty)

3.4

19

Big O Tires

Branch

Oakhurst, CA

United States

Retail (Specialty)

3.4

18

Big O Tires

Branch

Tooele, UT

United States

Retail (Specialty)

3.2

18

Big O Tires

Branch

Salt Lake City, UT

United States

Retail (Specialty)

3.2

18

Big O Tires

Branch

Glenwood Springs, CO

United States

Retail (Specialty)

3.1

18

Big O Tires

Branch

Concord, CA

United States

Retail (Specialty)

3.2

17

Big O Tires

Branch

Mesa, AZ

United States

Retail (Specialty)

3.0

17

Big O Tires

Branch

Canon City, CO

United States

Retail (Specialty)

3.0

17

Big O Tires

Branch

Cortez, CO

United States

Retail (Specialty)

3.0

17

Big O Tires

Branch

Casper, WY

United States

Retail (Specialty)

3.1

16

Big O Tires

Branch

Lafayette, CA

United States

Retail (Specialty)

3.0

16

Big O Tires

Branch

Antioch, CA

United States

Retail (Specialty)

3.0

16

Big O Tires

Branch

Provo, UT

United States

Retail (Specialty)

2.9

16

Big O Tires

Branch

Colorado Springs, CO

United States

Retail (Specialty)

2.8

16

Big O Tires

Branch

Silver City, NM

United States

Retail (Specialty)

2.8

16

Big O Tires

Branch

Afton, WY

United States

Retail (Specialty)

2.9

15

Big O Tires

Branch

Concord, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Pittsburg, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Pleasanton, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Davis, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Elk Grove, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

El Dorado Hills, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Benicia, CA

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Elko, NV

United States

Retail (Specialty)

2.8

15

Big O Tires

Branch

Sandy, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Salt Lake City, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Orem, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Spanish Fork, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Lake Havasu City, AZ

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Ogden, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Gilbert, AZ

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Casa Grande, AZ

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Wickenburg, AZ

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Payson, UT

United States

Retail (Specialty)

2.7

15

Big O Tires

Branch

Grand Junction, CO

United States

Retail (Specialty)

2.6

15

Big O Tires

Branch

Aurora, CO

United States

Retail (Specialty)

2.6

15

Big O Tires

Branch

Broomfield, CO

United States

Retail (Specialty)

2.6

15

Big O Tires

Branch

Broomfield, CO

United States

Retail (Specialty)

2.6

15

Big O Tires

Branch

Madison, IN

United States

Retail (Specialty)

2.5

15

Big O Tires

Branch

Brownsburg, IN

United States

Retail (Specialty)

2.5

15

Big O Tires

Branch

Gillette, WY

United States

Retail (Specialty)

2.7

14

Big O Tires

Branch

Pinole, CA

United States

Retail (Specialty)

2.6

14

Big O Tires

Branch

Jackson, CA

United States

Retail (Specialty)

2.6

14

Big O Tires

Branch

Reno, NV

United States

Retail (Specialty)

2.6

14

Big O Tires

Branch

Springville, UT

United States

Retail (Specialty)

2.5

14

Big O Tires

Branch

Lehi, UT

United States

Retail (Specialty)

2.5

14

Big O Tires

Branch

Colorado Springs, CO

United States

Retail (Specialty)

2.4

14

Big O Tires

Branch

Bozeman, MT

United States

Retail (Specialty)

2.4

14

Big O Tires

Branch

New Albany, IN

United States

Retail (Specialty)

2.3

14

Big O Tires

Branch

Radcliff, KY

United States

Retail (Specialty)

2.3

14

Big O Tires

Branch

Elizabethtown, KY

United States

Retail (Specialty)

2.3

14

Big O Tires

Branch

Richmond, CA

United States

Retail (Specialty)

2.4

13

Big O Tires

Branch

Redlands, CA

United States

Retail (Specialty)

2.4

13

Big O Tires

Branch

American Fork, UT

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Cedar City, UT

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

South Ogden, UT

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Bullhead City, AZ

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Globe, AZ

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Littleton, CO

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Aurora, CO

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Montrose, CO

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Monument, CO

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Avon, CO

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Las Cruces, NM

United States

Retail (Specialty)

2.3

13

Big O Tires

Branch

Grand Island, NE

United States

Retail (Specialty)

2.2

13

Big O Tires

Branch

Corydon, IN

United States

Retail (Specialty)

2.1

13

Big O Tires

Branch

Jeffersonville, IN

United States

Retail (Specialty)

2.1

13

Big O Tires

Branch

Plainfield, IN

United States

Retail (Specialty)

2.1

13

Big O Tires

Branch

Shepherdsville, KY

United States

Retail (Specialty)

2.1

13

Big O Tires

Branch

Seattle, WA

United States

Retail (Specialty)

2.4

12

Big O Tires

Branch

Rock Springs, WY

United States

Retail (Specialty)

2.3

12

Big O Tires

Branch

Bermuda Dunes, CA

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Riverside, CA

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Cameron Park, CA

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Danville, CA

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Chula Vista, CA

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Mesquite, NV

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Pahrump, NV

United States

Retail (Specialty)

2.2

12

Big O Tires

Branch

Woods Cross, UT

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Draper, UT

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Layton, UT

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

West Valley, UT

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

St George, UT

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Mesa, AZ

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Trinidad, CO

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Parker, CO

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Castle Rock, CO

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Louisville, CO

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Pueblo, CO

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Albuquerque, NM

United States

Retail (Specialty)

2.1

12

Big O Tires

Branch

Jackson, WY

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Tracy, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Livermore, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Concord, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

San Diego, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Lompoc, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Oakland, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Brentwood, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Napa, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Riverside, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Elk Grove, CA

United States

Retail (Specialty)

2.1

11

Big O Tires

Branch

Sparks, NV

United States

Retail (Specialty)

2.0

11

Big O Tires

Branch

Henderson, NV

United States

Retail (Specialty)

2.0

11

C & M Tires

Subsidiary

Roy, UT

United States

Retail (Specialty)

1.8

10

Tire Pro

Subsidiary

Somerset, KY

United States

Retail (Specialty)

1.6

10

Tire Pros

Subsidiary

Hayward, CA

United States

Retail (Specialty)

1.7

9

Carmichael Tire Pros

Subsidiary

Carmichael, CA

United States

Retail (Specialty)

1.3

7

Big O Tires

Branch

Las Vegas, NV

United States

Retail (Specialty)

13.1

6

SteelSummit Holdings, Inc.

Subsidiary

La Vergne, TN

United States

Miscellaneous Capital Goods

78.9

100

Linder Industrial Machinery Company

Subsidiary

Plant City, FL

United States

Construction and Agriculture Machinery

 

100

Linder Industrial Machinery Co

Branch

Raleigh, NC

United States

Miscellaneous Capital Goods

23.7

50

Linder Industrial Machinery Co

Branch

West Columbia, SC

United States

Construction and Agriculture Machinery

20.4

38

Linder Industrial Machinery Co

Branch

Charlotte, NC

United States

Miscellaneous Capital Goods

61.3

25

Linder Industrial Machinery Co

Branch

Jacksonville, FL

United States

Construction and Agriculture Machinery

39.6

16

Linder Industrial Machinery Co

Branch

Orlando, FL

United States

Construction and Agriculture Machinery

19.8

8

Linder Industrial Machinery Co

Branch

Greer, SC

United States

Construction and Agriculture Machinery

16.2

8

Linder Industrial Machinery Co

Branch

North Charleston, SC

United States

Construction and Agriculture Machinery

16.2

8

Linder Industrial Machinery Co

Branch

Wilmington, NC

United States

Miscellaneous Capital Goods

9.6

5

Global Stainless Supply Sltns

Subsidiary

Houston, TX

United States

Tires

 

100

Global Stainless Supply Sltns

Branch

Indianapolis, IN

United States

Miscellaneous Capital Goods

4.9

18

Global Stainless Supply Sltns

Branch

Gardena, CA

United States

Miscellaneous Capital Goods

37.3

14

Sumitomo Corp Of America

Branch

Houston, TX

United States

Miscellaneous Capital Goods

191.1

70

CANTEX Inc

Subsidiary

Fort Worth, TX

United States

Fabricated Plastic and Rubber

 

60

CANTEX Inc

Branch

Auburndale, FL

United States

Fabricated Plastic and Rubber

28.6

130

CANTEX Inc

Branch

Kingman, AZ

United States

Miscellaneous Fabricated Products

8.7

40

Sumitrans Corporation

Subsidiary

New Hyde Park, NY

United States

Miscellaneous Transportation

 

55

Unique Machine, LLC

Subsidiary

Anchorage, AK

United States

Miscellaneous Capital Goods

15.7

50

Summit Stainless Steel, LLC

Subsidiary

North Brunswick, NJ

United States

Miscellaneous Capital Goods

 

50

Summit Stainless Steel LLC

Branch

Bloomingdale, IL

United States

Miscellaneous Capital Goods

48.5

15

Summit Stainless Steel LLC

Branch

Santa Fe Springs, CA

United States

Miscellaneous Capital Goods

39.9

15

Summit Stainless Steel LLC

Branch

Suwanee, GA

United States

Construction Services

2.1

10

Summit Stainless Steel LLC

Branch

Sugar Land, TX

United States

Miscellaneous Capital Goods

30.8

9

Premier Pipe LLC

Subsidiary

Houston, TX

United States

Miscellaneous Fabricated Products

 

40

Premier Pipe L P

Branch

Plano, TX

United States

Iron and Steel

40.7

22

Sumisho Global Logistics (USA) Corporation

Subsidiary

New Hyde Park, NY

United States

Business Services

68.1

30

Sumisho Global Logistics (Usa) Corporation

Branch

Buena Park, CA

United States

Miscellaneous Transportation

 

23

Diversified CPC International, Inc.

Subsidiary

Channahon, IL

United States

Chemical Manufacturing

 

30

Presperse, Inc.

Subsidiary

Somerset, NJ

United States

Chemical Manufacturing

 

30

Summit Stainless

Subsidiary

Santa Fe Springs, CA

United States

Miscellaneous Capital Goods

 

30

Pacific Summit Energy LLC

Subsidiary

Newport Beach, CA

United States

Natural Gas Utilities

 

29

Pacific Summit Energy LLC

Branch

Spring, TX

United States

Miscellaneous Capital Goods

78.2

25

Sumitomo Corp Of America

Branch

New Hyde Park, NY

United States

Investment Services

17.9

25

Carroll Tire Co

Subsidiary

Hapeville, GA

United States

Tires

 

25

National Tire Warehouse

Branch

Benicia, CA

United States

Tires

53.6

30

Carroll Tire Co

Branch

Orlando, FL

United States

Tires

42.6

25

Carroll Tire Co

Branch

San Antonio, TX

United States

Tires

36.1

20

Carroll Tire Co

Branch

Lansdale, PA

United States

Tires

32.8

20

Carroll Tire Co

Branch

Worcester, MA

United States

Tires

32.3

20

Carroll Tire Co

Branch

Greer, SC

United States

Retail (Specialty)

3.1

19

Carroll Tire Co

Branch

Gainesville, GA

United States

Tires

29.4

18

Carroll Tire Co

Branch

Richmond, VA

United States

Tires

29.1

18

Carroll Tire Co

Branch

Riviera Beach, FL

United States

Tires

29.0

17

Carroll Tire Co

Branch

Clayton, NC

United States

Tires

27.6

17

Carroll Tire Co

Branch

Houston, TX

United States

Tires

27.1

15

Carroll Tire Co

Branch

Benicia, CA

United States

Tires

26.8

15

Carroll Tire Co

Branch

Tampa, FL

United States

Tires

25.6

15

Carroll Tire Co

Branch

Fort Myers, FL

United States

Tires

25.6

15

Carroll Tire Co

Branch

Halethorpe, MD

United States

Tires

25.4

15

Carroll Tire Co

Branch

Columbus, GA

United States

Tires

24.5

15

Carroll Tire Co

Branch

Columbia, MO

United States

Tires

23.9

15

Carroll Tire Co

Branch

Ladson, SC

United States

Tires

23.2

15

Carroll Tire Warehouse

Branch

Marietta, GA

United States

Tires

22.9

14

Carroll Tire Co

Branch

Florence, SC

United States

Tires

21.7

14

Carroll Tire Co

Branch

Albany, GA

United States

Tires

21.2

13

Carroll Tire Co

Branch

Macon, GA

United States

Tires

21.2

13

Carroll Tire Co

Branch

Trussville, AL

United States

Tires

20.6

13

Carroll Tire Co

Branch

Grovetown, GA

United States

Tires

18.0

11

Carroll Tire Co

Branch

Pooler, GA

United States

Tires

18.0

11

Carroll Tire Co

Branch

Norfolk, VA

United States

Tires

17.8

11

Carroll Tire Co

Branch

Roanoke, VA

United States

Tires

17.8

11

Carroll Tire Co

Branch

Dothan, AL

United States

Tires

12.7

8

Pipeco Services Inc

Subsidiary

Houston, TX

United States

Retail (Home Improvement)

 

23

Pipeco Services Inc

Branch

Oklahoma City, OK

United States

Miscellaneous Capital Goods

17.7

7

Steel Summit-Indiana

Branch

Frankfort, IN

United States

Iron and Steel

5.9

22

Vicksmetal Armco Associates

Branch

Vicksburg, MS

United States

Iron and Steel

62.8

60

Sumitomo Corp Of America

Branch

Pittsburgh, PA

United States

Miscellaneous Capital Goods

49.6

20

Treadway Corporation

Subsidiary

Norristown, PA

United States

Tires

 

20

Laramie Tire

Branch

East Norriton, PA

United States

Retail (Specialty)

10.3

60

Treadways Corp

Branch

Mira Loma, CA

United States

Retail (Specialty)

3.6

19

Steel Summit Holdings Inc

Subsidiary

La Vergne, TN

United States

Miscellaneous Capital Goods

 

15

Steel Summit

Branch

Cincinnati, OH

United States

Miscellaneous Capital Goods

101.2

40

Steel Summit

Branch

Greenville, SC

United States

Construction - Supplies and Fixtures

2.9

9

Sumitomo Corp Of America

Branch

Los Angeles, CA

United States

Miscellaneous Capital Goods

37.8

14

Tubular Solutions Alaska LLC

Subsidiary

Anchorage, AK

United States

Construction Services

 

12

Sumitomo Corp Of America

Branch

Denver, CO

United States

Miscellaneous Capital Goods

27.6

11

Merchant's Tire & Automobile Center

Subsidiary

Palm Beach Gdns, FL

United States

Retail (Specialty)

 

11

Merchant's Tire & Automobile Center

Branch

Colonial Heights, VA

United States

Retail (Specialty)

3.7

22

Merchant's Tire & Automobile Center

Branch

Fredericksburg, VA

United States

Retail (Specialty)

3.4

20

Merchant's Tire & Automobile Center

Branch

Manassas, VA

United States

Retail (Specialty)

3.4

20

Merchant's Tire & Automobile Center

Branch

Woodbridge, VA

United States

Retail (Specialty)

3.4

20

Merchant's Tire & Automobile Center

Branch

Sterling, VA

United States

Business Services

3.3

20

Merchant's Tire & Automobile Center

Branch

Williamsburg, VA

United States

Retail (Specialty)

3.1

18

Merchant's Tire & Automobile Center

Branch

Norfolk, VA

United States

Retail (Specialty)

3.1

18

Merchant's Tire & Automobile Center

Branch

Chesapeake, VA

United States

Retail (Specialty)

2.9

17

Merchant's Tire & Automobile Center

Branch

Lanham, MD

United States

Retail (Specialty)

2.8

16

Merchant's Tire & Automobile Center

Branch

Reston, VA

United States

Retail (Specialty)

2.7

16

Merchant's Tire & Automobile Center

Branch

Woodbridge, VA

United States

Retail (Specialty)

2.7

16

Merchant's Tire & Automobile Center

Branch

Midlothian, VA

United States

Retail (Specialty)

2.7

16

Merchant's Tire & Automobile Center

Branch

Frederick, MD

United States

Retail (Specialty)

2.7

15

Merchant's Tire & Automobile Center

Branch

Virginia Beach, VA

United States

Retail (Specialty)

2.5

15

Merchant's Tire & Automobile Center

Branch

Virginia Beach, VA

United States

Retail (Specialty)

2.5

15

Merchant's Tire & Automobile Center

Branch

Roanoke, VA

United States

Business Services

2.5

15

Merchant's Tire & Automobile Center

Branch

Glen Allen, VA

United States

Business Services

2.5

15

Merchant's Tire & Automobile Center

Branch

Bethesda, MD

United States

Retail (Specialty)

2.5

14

Merchant's Tire & Automobile Center

Branch

Leesburg, VA

United States

Retail (Specialty)

2.4

14

Merchant's Tire & Automobile Center

Branch

Vienna, VA

United States

Retail (Specialty)

2.4

14

Merchant's Tire & Automobile Center

Branch

Virginia Beach, VA

United States

Retail (Specialty)

2.4

14

Merchant's Tire & Automobile Center

Branch

Chesapeake, VA

United States

Retail (Specialty)

2.4

14

Merchant's Tire & Automobile Center

Branch

Little River, SC

United States

Retail (Specialty)

2.3

14

Merchant's Tire & Automobile Center

Branch

Columbia, MD

United States

Retail (Specialty)

2.3

13

Merchant's Tire & Automobile Center

Branch

Greensboro, NC

United States

Retail (Specialty)

2.2

13

Merchant's Tire & Automobile Center

Branch

Woodbridge, VA

United States

Retail (Specialty)

2.2

13

Merchant's Tire & Automobile Center

Branch

Staunton, VA

United States

Retail (Specialty)

2.2

13

Merchant's Tire & Automobile Center

Branch

Towson, MD

United States

Retail (Specialty)

2.1

12

Merchant's Tire & Automobile Center

Branch

Garner, NC

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Raleigh, NC

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Burlington, NC

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Cary, NC

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Manassas, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Ashburn, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Fairfax, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Vienna, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Chesterfield, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Midlothian, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Harrisonburg, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Virginia Beach, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

N Chesterfield, VA

United States

Retail (Specialty)

2.0

12

Merchant's Tire & Automobile Center

Branch

Christiansburg, VA

United States

Retail (Specialty)

2.0

12

National Tire & Battery

Subsidiary

Palm Beach Gdns, FL

United States

Retail (Specialty)

 

11

Ntb-National Tire & Battery

Branch

Dallas, TX

United States

Retail (Specialty)

11.4

60

Ntb-National Tire & Battery

Branch

Marietta, GA

United States

Retail (Specialty)

5.1

30

National Tire & Battery

Branch

Savage, MN

United States

Retail (Specialty)

4.8

30

Ntb-National Tire & Battery

Branch

Overland Park, KS

United States

Retail (Specialty)

4.8

30

Ntb-National Tire & Battery

Branch

Woodbridge, VA

United States

Retail (Specialty)

4.8

28

Ntb-National Tire & Battery

Branch

Houston, TX

United States

Retail (Specialty)

4.9

26

Ntb-National Tire & Battery

Branch

Wilmington, DE

United States

Business Services

2.6

26

Ntb-National Tire & Battery

Branch

Capitol Heights, MD

United States

Retail (Specialty)

4.1

23

Ntb-National Tire & Battery

Branch

Mesquite, TX

United States

Retail (Specialty)

4.2

22

National Tire & Battery

Branch

Lexington, KY

United States

Business Services

2.2

22

Ntb-National Tire & Battery

Branch

Silver Spring, MD

United States

Retail (Specialty)

3.7

21

Ntb-National Tire & Battery

Branch

Cary, NC

United States

Business Services

2.6

21

Ntb-National Tire & Battery

Branch

Stafford, TX

United States

Tires

36.1

20

Ntb-National Tire & Battery

Branch

Plano, TX

United States

Retail (Specialty)

3.8

20

Ntb-National Tire & Battery

Branch

Rowlett, TX

United States

Retail (Specialty)

3.8

20

Ntb-National Tire & Battery

Branch

Matteson, IL

United States

Retail (Specialty)

3.6

20

Ntb-National Tire & Battery

Branch

Downers Grove, IL

United States

Retail (Specialty)

3.6

20

Ntb-National Tire & Battery

Branch

Palatine, IL

United States

Retail (Specialty)

3.6

20

Ntb-National Tire & Battery

Branch

Bowie, MD

United States

Retail (Specialty)

3.6

20

Ntb-National Tire & Battery

Branch

Canonsburg, PA

United States

Retail (Specialty)

3.4

20

Ntb-National Tire & Battery

Branch

Atlanta, GA

United States

Retail (Specialty)

3.4

20

Ntb-National Tire & Battery

Branch

Manassas, VA

United States

Retail (Specialty)

3.4

20

Ntb-National Tire & Battery

Branch

Woburn, MA

United States

Retail (Specialty)

3.4

20

Ntb-National Tire & Battery

Branch

Avon, MA

United States

Retail (Specialty)

3.4

20

Ntb-National Tire & Battery

Branch

Ellisville, MO

United States

Retail (Specialty)

3.3

20

Ntb-National Tire & Battery

Branch

Alexandria, VA

United States

Business Services

3.3

20

Ntb-National Tire & Battery

Branch

Lakeville, MN

United States

Retail (Specialty)

3.2

20

Ntb-National Tire & Battery

Branch

Pittsburgh, PA

United States

Business Services

2.5

20

Ntb-National Tire & Battery

Branch

Conroe, TX

United States

Business Services

2.3

20

Ntb-National Tire & Battery

Branch

Houston, TX

United States

Business Services

2.3

20

Ntb-National Tire & Battery

Branch

Dallas, TX

United States

Business Services

2.3

20

National Tire & Battery

Branch

Janesville, WI

United States

Business Services

2.1

20

Ntb-National Tire & Battery

Branch

Wilmington, DE

United States

Business Services

2.0

20

Ntb-National Tire & Battery

Branch

Fort Worth, TX

United States

Business Services

2.2

19

Ntb-National Tire & Battery

Branch

Dallas, TX

United States

Retail (Specialty)

3.4

18

Ntb-National Tire & Battery

Branch

Morrow, GA

United States

Retail (Specialty)

3.1

18

Ntb-National Tire & Battery

Branch

Fredericksburg, VA

United States

Retail (Specialty)

3.1

18

Ntb-National Tire & Battery

Branch

Independence, MO

United States

Retail (Specialty)

3.0

18

Ntb-National Tire & Battery

Branch

Lilburn, GA

United States

Retail (Specialty)

2.9

17

Ntb-National Tire & Battery

Branch

Lilburn, GA

United States

Retail (Specialty)

2.9

17

Ntb-National Tire & Battery

Branch

Mc Lean, VA

United States

Business Services

2.8

17

National Tire & Battery

Branch

Columbus, OH

United States

Retail (Specialty)

2.8

17

Ntb-National Tire & Battery

Branch

Monroeville, PA

United States

Business Services

2.2

17

Ntb-National Tire & Battery

Branch

Webster, TX

United States

Retail (Specialty)

3.0

16

Ntb-National Tire & Battery

Branch

Katy, TX

United States

Retail (Specialty)

3.0

16

Ntb-National Tire & Battery

Branch

Vernon Hills, IL

United States

Retail (Specialty)

2.9

16

Ntb-National Tire & Battery

Branch

Alton, IL

United States

Retail (Specialty)

2.9

16

Ntb-National Tire & Battery

Branch

Germantown, MD

United States

Retail (Specialty)

2.8

16

Ntb-National Tire & Battery

Branch

Alexandria, VA

United States

Retail (Specialty)

2.7

16

Ntb-National Tire & Battery

Branch

Shrewsbury, MA

United States

Retail (Specialty)

2.7

16

Ntb-National Tire & Battery

Branch

Alabaster, AL

United States

Tires

23.8

15

Ntb-National Tire & Battery

Branch

Birmingham, AL

United States

Tires

6.2

15

National Tire & Battery

Branch

Austin, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Plano, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Arlington, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Houston, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Missouri City, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Mckinney, TX

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Lawrence Twp, NJ

United States

Retail (Specialty)

2.8

15

Ntb-National Tire & Battery

Branch

Crystal Lake, IL

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Oak Lawn, IL

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Crestwood, IL

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Salem, NH

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Rockville, MD

United States

Retail (Specialty)

2.7

15

Ntb-National Tire & Battery

Branch

Pittsburgh, PA

United States

Retail (Specialty)

2.6

15

Ntb-National Tire & Battery

Branch

Greensburg, PA

United States

Retail (Specialty)

2.6

15

Ntb-National Tire & Battery

Branch

Cumming, GA

United States

Retail (Specialty)

2.6

15

Ntb-National Tire & Battery

Branch

Alexandria, VA

United States

Retail (Specialty)

2.5

15

Ntb-National Tire & Battery

Branch

Danvers, MA

United States

Retail (Specialty)

2.5

15

Ntb-National Tire & Battery

Branch

Streetsboro, OH

United States

Retail (Specialty)

2.4

15

National Tire & Battery

Branch

Westlake, OH

United States

Retail (Specialty)

2.4

15

Ntb-National Tire & Battery

Branch

Overland Park, KS

United States

Retail (Specialty)

2.4

15

Ntb-National Tire & Battery

Branch

Bel Air, MD

United States

Business Services

2.1

15

Ntb-National Tire & Battery

Branch

West Dundee, IL

United States

Business Services

2.1

15

Ntb-National Tire & Battery

Branch

Cedar Park, TX

United States

Retail (Specialty)

2.7

14

Ntb-National Tire & Battery

Branch

Arlington Hts, IL

United States

Retail (Specialty)

2.5

14

Ntb-National Tire & Battery

Branch

Calumet City, IL

United States

Retail (Specialty)

2.5

14

Ntb-National Tire & Battery

Branch

Geneva, IL

United States

Retail (Specialty)

2.5

14

Ntb-National Tire & Battery

Branch

Annapolis, MD

United States

Retail (Specialty)

2.5

14

Ntb-National Tire & Battery

Branch

Philadelphia, PA

United States

Retail (Specialty)

2.4

14

Ntb-National Tire & Battery

Branch

Conyers, GA

United States

Retail (Specialty)

2.4

14

Ntb-National Tire & Battery

Branch

Weymouth, MA

United States

Retail (Specialty)

2.4

14

Ntb-National Tire & Battery

Branch

Newton, MA

United States

Retail (Specialty)

2.4

14

Ntb-National Tire & Battery

Branch

Allston, MA

United States

Retail (Specialty)

2.4

14

Ntb-National Tire & Battery

Branch

Hoffman Estates, IL

United States

Retail (Home Improvement)

2.4

14

Ntb-National Tire & Battery

Branch

Hixson, TN

United States

Retail (Specialty)

2.3

14

Ntb-National Tire & Battery

Branch

Kansas City, MO

United States

Retail (Specialty)

2.3

14

Ntb-National Tire & Battery

Branch

Merrillville, IN

United States

Retail (Specialty)

2.3

14

Ntb-National Tire & Battery

Branch

North Olmsted, OH

United States

Retail (Specialty)

2.3

14

Ntb-National Tire & Battery

Branch

New Martinsville, WV

United States

Retail (Specialty)

2.2

14

Ntb-National Tire & Battery

Branch

Pearland, TX

United States

Retail (Specialty)

2.5

13

Ntb-National Tire & Battery

Branch

Weatherford, TX

United States

Retail (Specialty)

2.5

13

Ntb-National Tire & Battery

Branch

Lewisville, TX

United States

Retail (Specialty)

2.5

13

Ntb-National Tire & Battery

Branch

College Station, TX

United States

Retail (Specialty)

2.5

13

Ntb-National Tire & Battery

Branch

Roswell, GA

United States

Retail (Specialty)

2.2

13

Ntb-National Tire & Battery

Branch

Natick, MA

United States

Retail (Specialty)

2.2

13

Ntb-National Tire & Battery

Branch

Mentor, OH

United States

Retail (Specialty)

2.1

13

Ntb-National Tire & Battery

Branch

Hilliard, OH

United States

Retail (Specialty)

2.1

13

Ntb-National Tire & Battery

Branch

Bedford, OH

United States

Retail (Specialty)

2.1

13

Ntb-National Tire & Battery

Branch

Bridgeport, WV

United States

Retail (Specialty)

2.0

13

Ntb-National Tire & Battery

Branch

Pittsburgh, PA

United States

Retail (Specialty)

2.9

12

National Tire & Battery

Branch

Houston, TX

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Pasadena, TX

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Carrollton, TX

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Burleson, TX

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Porter, TX

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Millville, NJ

United States

Retail (Specialty)

2.3

12

Ntb-National Tire & Battery

Branch

Fairview Heights, IL

United States

Retail (Specialty)

2.2

12

Ntb-National Tire & Battery

Branch

Manchester, NH

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

York, PA

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

Mechanicsburg, PA

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

Lancaster, PA

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

New Kensington, PA

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

Pittsburgh, PA

United States

Retail (Specialty)

2.1

12

Merchant's Tire & Automobile Center

Branch

York, PA

United States

Retail (Specialty)

2.1

12

Ntb-National Tire & Battery

Branch

Roanoke, VA

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Everett, MA

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Waltham, MA

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Knoxville, TN

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

St Peters, MO

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Bridgeton, MO

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Kansas City, MO

United States

Retail (Specialty)

2.0

12

Ntb-National Tire & Battery

Branch

Houston, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Carrollton, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Waco, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Plano, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Houston, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Sachse, TX

United States

Retail (Specialty)

2.1

11

National Tire & Battery

Branch

Plano, TX

United States

Retail (Specialty)

2.1

11

National Tire & Battery

Branch

Frisco, TX

United States

Retail (Specialty)

2.1

11

Ntb-National Tire & Battery

Branch

Montgomery, IL

United States

Tires

3.8

10

NTB

Subsidiary

South Euclid, OH

United States

Business Services

1.0

9

SMS International Corporation

Subsidiary

Plant City, FL

United States

Construction - Supplies and Fixtures

 

8

Sumitomo Corp Of America

Branch

Washington, DC

United States

Miscellaneous Capital Goods

10.0

5

Steel Summit International, Inc.

Subsidiary

Dayton, OH

United States

Miscellaneous Capital Goods

0.7

4

Perennial Power Holdings

Subsidiary

New York, NY

United States

Business Services

 

3

AB Tube Processing, Inc.

Subsidiary

North Las Vegas, NV

United States

Construction - Supplies and Fixtures

 

 

Global Stainless Supply, Inc.

Subsidiary

Houston, TX

United States

Miscellaneous Capital Goods

 

 

Forgings Flanges & Fittings, LLC

Subsidiary

Houston, TX

United States

Miscellaneous Capital Goods

163.8

60

Ipanema Shoe Corporation

Subsidiary

New York, NY

United States

Footwear

 

 

123 Mission LLC

Subsidiary

San Francisco, CA

United States

Real Estate Operations

 

 

Sumitomo Corporation (Shanghai) Limited

Subsidiary

Shanghai

China

Miscellaneous Capital Goods

 

200

Sumitronics Corporation

Subsidiary

Tokyo

Japan

Electronic Instruments and Controls

 

200

Sumitronics (Thailand) Co., Ltd.

Subsidiary

Bangkok

Thailand

Electronic Instruments and Controls

 

80

Sumitronics (Shenzhen) Ltd

Subsidiary

Shenzhen

China

Electronic Instruments and Controls

 

 

Sumitronics Shanghai Co., Ltd.

Subsidiary

Shanghai

China

Electronic Instruments and Controls

 

 

Sumitomo Corporation Asia Pte. Ltd.

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

105.3

191

Sc Asian Tubular Supply Pte Ltd

Subsidiary

Singapore

Singapore

Personal and Household Products

75.4

19

Oms Holdings Pte. Ltd.

Subsidiary

 

 

 

 

 

Scomi OMS Oilfield Services

Subsidiary

Singapore

Singapore

Oil Well Services and Equipment

36.1

100

Sumitomo Corporation Capital Asia Pte. Ltd.

Subsidiary

 

 

 

 

 

Sumisho Steel Sheets Works Co., Ltd.

Subsidiary

Osaka

Japan

Miscellaneous Capital Goods

 

187

Sumi-Thai International Limited

Subsidiary

Bangkok

Thailand

Auto and Truck Parts

 

180

Interacid Trading S.A.

Subsidiary

Lausanne

Switzerland

Chemical Manufacturing

330.5

175

Interacid Australia Pty Ltd.

Subsidiary

Melbourne, VIC

Australia

Chemical Manufacturing

 

 

Sumitomo Corporation Thailand Ltd

Subsidiary

Bangkok

Thailand

Miscellaneous Capital Goods

 

172

SC Foods Co., Ltd.

Subsidiary

Tokyo

Japan

Beverages (Alcoholic)

 

160

P.T. East Jakarta Industrial Park

Subsidiary

Bekasi, Jawa Barat

Indonesia

Real Estate Operations

 

150

Asian Steel Co. Ltd.

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

176.3

125

Sumiputeh Steel Centre Sdn Bhd

Subsidiary

Shah Alam, Selangor

Malaysia

Miscellaneous Capital Goods

125.6

250

Pandai Steel Industry Pte Ltd

Subsidiary

Singapore

Singapore

Business Services

84.1

180

Mason Metal Industry Co., Ltd.

Subsidiary

Taipei

Taiwan

Miscellaneous Capital Goods

 

110

Summit Agro International, Ltd.

Subsidiary

Tokyo

Japan

Chemical Manufacturing

343.9

102

Sumisho Paper Co., Ltd.

Subsidiary

Tokyo

Japan

Miscellaneous Fabricated Products

 

102

Steel Centre Malaysia Sdn. Bhd.

Subsidiary

Senai, Johor

Malaysia

Miscellaneous Capital Goods

45.0

100

PT. Sumitomo Indonesia

Subsidiary

Jakarta

Indonesia

Miscellaneous Capital Goods

 

100

Summit, Inc.

Subsidiary

Tokyo

Japan

Retail (Grocery)

 

99

SC Motors Sweden AB

Subsidiary

Sollentuna

Sweden

Auto and Truck Parts

18.3

95

MMC Bilar Sverige AB

Subsidiary

Sollentuna, Stockholm

Sweden

Retail (Specialty)

184.0

32

Summit Pharmaceuticals International Corporation

Subsidiary

Tokyo

Japan

Personal and Household Products

183.6

90

Sumisho Montblanc Co., Ltd.

Subsidiary

Osaka

Japan

Apparel and Accessories

 

90

PT. Sumitronics Indonesia

Subsidiary

Bekasi

Indonesia

Electronic Instruments and Controls

 

83

Sumitomo Corporation Korea Ltd

Subsidiary

Seoul

Korea, Republic of

Miscellaneous Capital Goods

37.7

80

SC Tubulars Co., Ltd.

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

 

78

Nippon Katan Co., Ltd.

Subsidiary

Hirakata, Osaka

Japan

Electronic Instruments and Controls

 

73

Thang Long Industrial Park II Corporation

Subsidiary

Yen My

Viet Nam

Construction Services

 

72

Komatsu Canada Limited

Subsidiary

Mississauga, ON

Canada

Rental and Leasing

6.4

70

Sumitomo Corporation India Private Limited

Subsidiary

New Delhi

India

Miscellaneous Fabricated Products

 

65

Sumitomo Corporation do Brasil S.A.

Subsidiary

São Paulo, SP

Brazil

Electronic Instruments and Controls

 

60

Sumitomo Corporation Do Brasil S/A.

Branch

Rio De Janeiro, Rio De Janeiro

Brazil

Electronic Instruments and Controls

 

20

S.C. Cement Co., Ltd.

Subsidiary

Tokyo

Japan

Construction - Raw Materials

 

60

Sumisho Semento Kyushu K.K.

Subsidiary

Fukuoka, Fukuoka

Japan

Construction - Supplies and Fixtures

162.7

 

Horiden Co.,Ltd.

Subsidiary

Fukuoka, Fukuoka

Japan

Construction - Raw Materials

21.5

 

SC Pipe Solutions Co., Ltd.

Subsidiary

Osaka

Japan

Construction - Supplies and Fixtures

 

60

Summit CRM, Ltd.

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

293.8

52

Sumisho Interior International Inc.

Subsidiary

Tokyo

Japan

Business Services

99.1

52

Terratech Equipment

Subsidiary

Surrey, BC

Canada

Construction and Agriculture Machinery

 

50

Sumifru Corporation

Subsidiary

Tokyo

Japan

Food Processing

 

50

Summit Kobe Gohdo Bussan Co.,Ltd.

Subsidiary

Kobe, Hyogo

Japan

Food Processing

89.6

 

Sumitronics Philippines, Inc.

Subsidiary

Calamba, Laguna

Philippines

Scientific and Technical Instruments

 

50

Sumitomo Corporation Dis Ticaret A.S.

Subsidiary

Istanbul

Turkey

Miscellaneous Capital Goods

 

50

Sumitec International, Ltd.

Subsidiary

Moscow

Russian Federation

Construction and Agriculture Machinery

 

50

Summit Auto Lease Australia Pty Limited

Subsidiary

Rydalmere, NSW

Australia

Rental and Leasing

 

49

Sumitomo Deutschland GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Construction and Agriculture Machinery

270.4

45

Sumitomo Australia Pty Ltd

Subsidiary

Sydney, NSW

Australia

Miscellaneous Capital Goods

319.3

40

Sumur Cahaya Sdn. Bhd.

Subsidiary

Kuala Lumpur

Malaysia

Chemical Manufacturing

66.2

40

Ishida Metal Co., Ltd.

Subsidiary

Osaka

Japan

Miscellaneous Capital Goods

 

40

Sumisho Global Logistics (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Business Services

 

40

Sumitomo Shoji Research Institute, Inc.

Subsidiary

Tokyo

Japan

Business Services

 

38

Sumisho Global Logistics Europe GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Business Services

 

37

Summit Steel (M.E.) FZCO

Subsidiary

Jebel Ali

United Arab Emirates

Miscellaneous Capital Goods

 

36

Chiba Kyodo Silo Co., Ltd.

Subsidiary

Chiba

Japan

Miscellaneous Transportation

 

35

SC Tubular and Steel Products (M.E.) FZCO

Subsidiary

Jebel Ali

United Arab Emirates

Miscellaneous Capital Goods

 

35

Mactan Steel Center Inc.

Subsidiary

Lapu-Lapu, Cebu

Philippines

Miscellaneous Capital Goods

 

30

Sumitomo Corporation Vietnam LLC

Subsidiary

Hanoi

Viet Nam

Miscellaneous Capital Goods

 

30

Mezon Stainless Steel FZCO

Subsidiary

Dubai

United Arab Emirates

Miscellaneous Capital Goods

 

30

Sumitomo Corporation (Chile) Limitada

Subsidiary

Las Condes, Santiago

Chile

Metal Mining

 

27

Sumitronics Hong Kong Ltd

Subsidiary

Kowloon

Hong Kong

Business Services

 

24

Petro Summit Pte. Ltd.

Subsidiary

Singapore

Singapore

Oil and Gas Operations

4,447.4

20

Summit Tubulars Corp.

Subsidiary

Calgary, AB

Canada

Miscellaneous Capital Goods

5.8

20

Sumitomo Corporation del Ecuador S.A.

Subsidiary

Quito

Ecuador

Crops

 

20

Sumisho Realty Management Co., Ltd.

Subsidiary

Tokyo

Japan

Investment Services

 

20

SC Machinery & Service Co., Ltd.

Subsidiary

Hamamatsu, Shizuoka

Japan

Miscellaneous Capital Goods

 

20

Sumisho Marine Co., Ltd.

Subsidiary

Tokyo

Japan

Miscellaneous Transportation

 

20

Sumitomo Benelux

Subsidiary

Bruxelles

Belgium

Miscellaneous Capital Goods

258.1

19

Sumitomo Corporation España Sa

Subsidiary

Madrid

Spain

Miscellaneous Fabricated Products

39.7

17

Sumitomo Corporation Tohoku Co., Ltd.

Subsidiary

Sendai

Japan

Chemical Manufacturing

 

15

Sumitomo Canada Ltd.

Subsidiary

Toronto, ON

Canada

Chemical Manufacturing

3.7

10

Shenzhen Sumitomo Corporation Ltd.

Subsidiary

Shenzhen, Guangdong

China

Miscellaneous Capital Goods

 

10

Sumisho Capital Management (Singapore) Pte. Ltd.

Subsidiary

Singapore

Singapore

Investment Services

 

9

Sumifert Sdn. Bhd.

Subsidiary

Petaling Jaya, Selangor

Malaysia

Crops

 

3

Sumitomo Corporation Capital Europe PLC

Subsidiary

London

United Kingdom

Business Services

21.9

1

Sumitomo Corporation Capital Netherlands B.V.

Subsidiary

Unknown, Unknown

Netherlands

Miscellaneous Financial Services

 

 

Minera San Cristóbal S.A.

Subsidiary

La Paz

Bolivia

Metal Mining

734.3

 

Sumitomo Corporation Italia S.p.A.

Subsidiary

Milan

Italy

Miscellaneous Fabricated Products

 

 

Summit Agri-Business Corporation

Subsidiary

Tokyo

Japan

Chemical Manufacturing

 

 

Sumitomo Mitsui Auto Service Company, Limited

Subsidiary

Tokyo

Japan

Auto and Truck Parts

 

 

Ace Auto Lease Co.,Ltd.

Subsidiary

Shinagawa-Ku, Tokyo

Japan

Rental and Leasing

193.1

 

Mazda Auto Leasing Company,Limited

Subsidiary

Hiroshima, Hiroshima

Japan

Rental and Leasing

155.2

 

Sma Support Co.,Ltd.

Subsidiary

Shinjuku-Ku, Tokyo

Japan

Personal and Household Products

40.6

 

P.T. Satomo Indovyl Polymer

Joint Venture

Jakarta

Indonesia

Chemicals - Plastics and Rubber

 

 

Sumitomo Corporation of the Philippines

Subsidiary

Makati, Metro Manila

Philippines

Scientific and Technical Instruments

 

 

Sumitomo Corporation (Hong Kong) Limited

Subsidiary

Hong Kong

Hong Kong

Miscellaneous Capital Goods

 

 

Sumitomo Corporation (Guangzhou) Ltd.

Subsidiary

Guangzhou

China

Electronic Instruments and Controls

 

 

Inamoto Manufacturing Co., Ltd.

Subsidiary

Hakusan

Japan

Miscellaneous Capital Goods

 

 

Sumitomo Corporation (Qingdao) Ltd.

Subsidiary

Qingdao

China

Auto and Truck Parts

 

 

SUMISHO BUILDING MANAGEMENT CO., LTD.

Subsidiary

Tokyo

Japan

Real Estate Operations

 

 

Thai Steel Service Center Ltd.

Subsidiary

Samut Prakan

Thailand

Miscellaneous Capital Goods

 

 

Sumisho Laser Welding (Thailand) Company Limited

Subsidiary

Si Racha, Chon Buri

Thailand

Business Services

 

100

Sumitomo Corporation Colombia S.A.

Subsidiary

Bogota

Colombia

Chemical Manufacturing

 

 

PT Sumisho Global Logistics Indonesia

Subsidiary

Bekasi

Indonesia

Business Services

 

 

Sumitomo Corporation de Mexico S.A. de C.V.

Subsidiary

Mexico

Mexico

Water Utilities

 

 

Inmuebles Scmx, S.A,De C.V.

Subsidiary

Ciudad De Mexico, Distrito Federal

Mexico

Real Estate Operations

 

324

Servilamina Summit Mexicana S.A. de C.V.

Subsidiary

Queretaro

Mexico

Miscellaneous Capital Goods

 

 

Summit Motors Slovakia, spol. s r. o.

Subsidiary

Bratislava

Slovakia

Auto and Truck Manufacturers

 

 

Summit Motors Ljubljana d.o.o.

Subsidiary

Ljubljana

Slovenia

Business Services

 

 

Summit Capital Leasing Co., Ltd.

Subsidiary

Bangkok

Thailand

Consumer Financial Services

 

 

Sumitomo Corporation Middle East FZE

Subsidiary

Dubai

United Arab Emirates

Iron and Steel

 

 

Sumitomo Corporation Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Scientific and Technical Instruments

 

 

Sumitomo Corporation del Peru S.A.

Subsidiary

Lima

Peru

Miscellaneous Capital Goods

 

 

SUMISHO TATEMONO CO., LTD.

Subsidiary

Tokyo

Japan

Real Estate Operations

 

 

Summit Colmo, Inc.

Subsidiary

Tokyo

Japan

Retail (Specialty)

 

 

Sumisho Aero-Systems Corporation

Subsidiary

Tokyo

Japan

Aerospace and Defense

 

 

Summit Leasing Slovenija d.o.o.

Subsidiary

Ljubljana

Slovenia

Consumer Financial Services

 

 

Tanimoto Steel Corporation

Subsidiary

Osaka

Japan

Construction - Supplies and Fixtures

 

 

Sumitomo Corporation Equity Asia Limited

Subsidiary

Central

Hong Kong

Investment Services

 

 

SC-ABeam Automotive Consulting

Subsidiary

Tokyo

Japan

Business Services

 

 

Summit Oil Mill Co., Ltd.

Subsidiary

Chiba

Japan

Food Processing

 

 

Sumisho Global Logistics Co., Ltd.

Subsidiary

Tokyo

Japan

Water Transportation

 

 

Hanoi Steel Center Co., Ltd.

Subsidiary

Hanoi

Viet Nam

Construction - Supplies and Fixtures

 

 

P.T. Super Steel Karawang

Subsidiary

Karawang

Indonesia

Miscellaneous Capital Goods

 

 

Shanghai Summit Metal Products Co., Ltd.

Subsidiary

Shanghai

China

Construction - Supplies and Fixtures

 

 

Sumisho Airbag Systems Co., Ltd.

Subsidiary

Matsuura, Nagasaki

Japan

Auto and Truck Parts

 

 

Sumisho Material Chugoku Co., Ltd.

Subsidiary

Hiroshima

Japan

Miscellaneous Capital Goods

 

 

Tortoise Co., Ltd.

Subsidiary

Tokyo

Japan

Construction - Supplies and Fixtures

 

 

Naracamicie Co., Ltd.

Subsidiary

Tokyo

Japan

Retail (Apparel)

 

 

Ishihara Kohtetu Co., Ltd.

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

 

 

Soukai Drug Co., Ltd.

Subsidiary

Ibaraki, Osaka

Japan

Personal and Household Products

 

 

Green San-ai Inc.

Subsidiary

Machida, Tokyo

Japan

Paper and Paper Products

 

 

KISHIWADA CANCAN BAYSIDE MALL CORPORATION

Subsidiary

Kishiwada, Osaka

Japan

Retail (Grocery)

 

 

Nusa Tenggara Mining Corporation

Subsidiary

Tokyo

Japan

Gold and Silver

 

 

Bluewell Corporation

Subsidiary

Tokyo

Japan

Business Services

 

 

Bluewell Insurance Brokers Ltd.

Subsidiary

Tokyo

Japan

Investment Services

 

 

Summit Minerals GmbH

Subsidiary

Zug

Switzerland

Miscellaneous Capital Goods

 

 

Toyota Ukraine

Subsidiary

Kiev

Ukraine

Auto and Truck Manufacturers

 

 

Summit Sunrise Energy Co., Ltd.

Subsidiary

Bangkok

Thailand

Business Services

 

 

Mazda Steel Co., Ltd.

Subsidiary

Aki, Hiroshima

Japan

Iron and Steel

 

 

Interacid Trading (Chile) S.A.

Subsidiary

Las Condes, Santiago

Chile

Chemical Manufacturing

 

 

Montrive Corporation

Subsidiary

Tokyo

Japan

Apparel and Accessories

 

 

IG Kogyo Co., Ltd.

Subsidiary

Sapporo

Japan

Miscellaneous Capital Goods

 

 

Chongqing Sumisho Yunxin Logistics Co., Ltd.

Subsidiary

Chongqing

China

Business Services

 

 

Sumitomo Corporation Kyushu Co., Ltd.

Subsidiary

Fukuoka

Japan

Miscellaneous Capital Goods

 

 

Sumisho Tekko Hanbai Co., Ltd.

Subsidiary

Tokyo

Japan

Construction - Supplies and Fixtures

 

 

Alcut Co., Ltd.

Subsidiary

Osaka

Japan

Miscellaneous Fabricated Products

 

 

Summit Motors Poland Sp. z.o.o.

Subsidiary

Warsaw

Poland

Retail (Specialty)

 

 

Summit Auto Poland Sp. z.o.o.

Subsidiary

Warsaw

Poland

Auto and Truck Parts

 

 

Summit Auto Trade Facilities

Subsidiary

Amman

Jordan

Consumer Financial Services

 

 

Jupiter Shop Channel Co., Ltd.

Subsidiary

Tokyo

Japan

Broadcasting and Cable Television

 

 

Sumitomo Corporation Hokkaido Co., Ltd.

Subsidiary

Sapporo

Japan

Chemical Manufacturing

 

 

Shanghai Hi-Tec Metal Products Co., Ltd.

Subsidiary

Shanghai

China

Miscellaneous Capital Goods

 

 

Tasmanian Advanced Minerals Pty. Ltd.

Subsidiary

Wynard, TAS

Australia

Non-Metallic Mining

 

 

Sumisho Administration Services Co., Ltd.

Subsidiary

Tokyo

Japan

Public Sector and Government

 

 

KS Summit Steel Co., Ltd.

Subsidiary

Tokyo

Japan

Iron and Steel

 

 

Summit Showa Aluminum Ltd.

Subsidiary

Osaka

Japan

Miscellaneous Fabricated Products

 

 

Summit Power Holdings Limited

Subsidiary

Tokyo

Japan

Electric Utilities

 

 

Summit Power Capital Ltd.

Subsidiary

London

United Kingdom

Business Services

0.0

 

Summit Power Global Management I B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Investment Services

 

 

Sumisho Global Logistics South China Co., Ltd.

Subsidiary

Shenzhen, Guangdong

China

Business Services

 

 

KI Fresh Access, INC

Subsidiary

Tokyo

Japan

Food Processing

 

 

SC Mineral Resources Pty. Ltd.

Subsidiary

Sydney, NSW

Australia

Gold and Silver

 

 

Sumitex Hong Kong Limited

Subsidiary

Tsim Tsa Tsui, Kowloon

Hong Kong

Apparel and Accessories

 

 

Hanoi Steel Center Co., Ltd. - Factory 1

Facility

Hanoi

Viet Nam

Construction - Supplies and Fixtures

 

 

Sumisho Inax Corporation

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

 

 

Sumisho Rental Support Corporation

Subsidiary

Tokyo

Japan

Rental and Leasing

 

 

Sumisho Speciality Steel Corporation

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

 

 

Sumisho Materials Corporation

Subsidiary

Tokyo

Japan

Jewelry and Silverware

 

 

Summit Steel Corporation

Subsidiary

Tokyo

Japan

Miscellaneous Capital Goods

 

 

Soda Ash Japan Co., Ltd.

Subsidiary

Tokyo

Japan

Chemical Manufacturing

 

 

Summit Steel Oita Co., Ltd.

Subsidiary

Bungotakada, Oita

Japan

Miscellaneous Capital Goods

 

 

Toyota Ly Thuong Kiet

Subsidiary

Ho Chi Minh City

Viet Nam

Business Services

 

 

WAM!NET Japan K.K.

Subsidiary

Tokyo

Japan

Computer Services

 

 

Shanghai Nikka Metal Products Co., Ltd.

Subsidiary

Shanghai

China

Miscellaneous Capital Goods

 

 

Summit Energy Corporation

Subsidiary

Chuo-Ku, Tokyo

Japan

Electric Utilities

 

 

Summit Onahama S Power, Corporation

Subsidiary

Iwaki, Fukushima

Japan

Electric Utilities

45.6

19

Summit Mihama Power Corporation

Subsidiary

Chiba, Chiba

Japan

Electric Utilities

37.0

18

 



 

Competitors Report



CompanyName

Location

Employees

Ownership

Itochu Corp

Minato-Ku, Japan

77,513

Public

JFE Shoji Holdings, Inc.

Tokyo, Japan

5,915

Public

KANEMATSU CORPORATION

Minato-Ku, Japan

5,522

Public

Marubeni Corp

Chiyoda-Ku, Japan

33,566

Public

Mitsubishi Corp

Chiyoda-Ku, Japan

65,975

Public

Mitsui & Co. Ltd.

Chiyoda-Ku, Japan

45,148

Public

Mizuho Financial Group, Inc.

Chiyoda-Ku, Japan

55,492

Public

Tokai Corporation

Shizuoka, Japan

4,076

Public

Toyota Tsusho Corp

Minato-Ku, Japan

48,336

Public

 

 

 

Executives Report

 

Board of Directors

 

Name

Title

Function

Toyosaku Hamada

 

Executive Vice President, Chairman of Subsidiary

Chairman

Biography:

Mr. Toyosaku Hamada has been serving as Executive Vice President in SUMITOMO CORPORATION, as well as Chairman of the Board in a subsidiary, since June 2013. He joined the Company in April 1974. His previous titles include Representative Director, Chief Financial Officer, Group Manager of Financial Resources, Representative Director, Managing Executive Officer, Senior Managing Executive Officer, Director of Business Planning and Director of Corporate Finance. He obtained his Bachelor Degree of Economics in University of Tokyo in March 1974.

 

Age: 61

 

Education:

University of Tokyo, B (Economics)

 

Susumu Kato

 

Chairman

Chairman

 

Kazuo Ohmori

 

Chairman of the Board

Chairman

 

Biography:

Mr. Kazuo Ohmori has been serving as Chairman of the Board in SUMITOMO CORPORATION., since June 2013. He joined the Company in April 1971. His previous titles include Senior Managing Executive Officer, Director of Traffic Project, Director of Marine Business, Chief Director of Marine, Space and Vehicle Business, Executive Officer Executive Vice President, Manager of Transport Plane and Construction Business and Representative Director in the Company.

 

Age: 64

 

Yasuyuki Abe

 

Senior Managing Executive Officer, Manager of Corporate Coordination Group, Representative Director

Director/Board Member

 

 

Biography:

Mr. Yasuyuki Abe has been serving as Senior Managing Executive Officer, Manager of Corporate Coordination Group and Representative Director in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1977. He used to serve as Manager of New Industry and Function Promotion Business Division, Managing Executive Officer, Manager of Finance and Logistics Business Unit and Chief Director of Financial Business in the Company, and work for SUMITRONICS INC., PRESIDIO VENTURE PARTNERS, LLC, another company and another subsidiary in the United States.

 

Age: 61

 

Masayuki Doi

 

General Manager-Corporate Planning & Coordination Department

Director/Board Member

 

Toru Furihata

 

Senior Managing Executive Officer, Manager of Resource & Chemical Product Business, Representative Director

Director/Board Member

 

Biography:

Mr. Toru Furihata has been serving as Senior Managing Executive Officer, Manager of Resource & Chemical Product Business and Representative Director in SUMITOMO CORPORATION, since June 2012. He joined the Company in April 1975 and used to serve as Executive Officer, Managing Executive Officer and Chief Director of 2nd Resource. Mr. Toru obtained his Bachelor's degree in Engineering from Kyoto University in March 1975.

 

Age: 61

 

Education:

Kyoto University, B (Engineering)

 

Akio Harada

 

Independent Director

Director/Board Member

 

 

Biography:

Mr. Akio Harada has been serving as Independent Director in SUMITOMO CORPORATION since June 2013. He is also Independent Auditor of Shiseido Corporation, Independent Director of SEIKO HOLDINGS CORPORATION. He used to work for Japan Post Holdings Co., Ltd., SEIKO HOLDINGS CORPORATION, Enterprise Turnaround Initiative Corporation of Japan and Tokyo Woman's Christian University. Mr. Harada obtained his Bachelor's degree in Law from University of Tokyo in March 1963.

 

Age: 73

 

Education:

University of Tokyo, B (Law)

 

Naoki Hidaka

 

Senior Managing Executive Officer, Manager of Transporting Machine & Construction Machine Business Division, Director

Director/Board Member

 

 

Biography:

Mr. Naoki Hidaka has been serving as Senior Managing Executive Officer, Manager of Transporting Machine & Construction Machine Business Division and Director in SUMITOMO CORPORATION since June 2013. He joined the Company in April 1976. His previous titles include Executive Officer, Chief Director of Auto Metal Product, Managing Executive Officer, Manager of Chubu Block and Manager of Kansai Block.

 

Age: 60

 

Hiroyuki Inohara

 

Senior Managing Executive Officer, Chief Financial Officer, Manager of Financial Resources Group, Director

Director/Board Member

 

 

Biography:

Mr. Hiroyuki Inohara has been serving as Senior Managing Executive Officer, Chief Financial Officer, Manager of Financial Resources Group and Director in SUMITOMO CORPORATION since June 2013. He joined the Company in April 1976. His prevous titles include Director of Finance Business, Managing Executive Officer and Senior Director of Finance and Logistics, among others.

 

Age: 60

 

Michihiko Kanegae

 

Senior Managing Executive Officer, Manager of Environment & Infrastructure Business, Representative Director

Director/Board Member

 

 

Biography:

Mr. Michihiko Kanegae has been serving as Senior Managing Executive Officer, Manager of Environment & Infrastructure Business and Representative Director in SUMITOMO CORPORATION since April 1, 2013. He joined the Company in April 1974 and used to serve as Managing Executive Officer, Chief Director of Electricity & Society Infrastructure Business, Chief Director of Electricity & Infrastructure Business and Chief Director of Communication Environment and Industrial Infrastructure in the Company. He used to work for the Company's subsidiaries in Indonesia and the United State. He obtained his Bachelor's degree in Law from Hitotsubashi University in March 1971.

 

Age: 61

 

Education:

Hitotsubashi University, B (Law)

 

Takuro Kawahara

 

Executive Vice President, Manager of Human Resources & General Affairs & Legal Affairs Group, Representative Director

Director/Board Member

 

 

Biography:

Mr. Takuro Kawahara has been serving as Executive Vice President, Manager of Human Resources & General Affairs & Legal Affairs Group and Representative Director in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1975. His previous titles include Senior Managing Executive Officer, Director of Legal Affairs and Manager Executive Officer in the Company. He obtained his Bachelor's degree in Law from Kyoto University in March 1975.

 

Age: 61

 

Education:

Kyoto University, B (Law)

 

Kazuo Matsunaga

 

Independent Director

Director/Board Member

 

 

Biography:

Mr. Kazuo Matsunaga has been serving as Independent Director in SUMITOMO CORPORATION since June 2013. He is also serving as auditor of Ministry of Economy, Trade and Industry. Mr. Matsunaga is also a professor of Hitotsubashi University. He obtained his Bachelor's degree in Law from University of Tokyo in March 1974.

 

Age: 61

 

Education:

University of Tokyo, B (Law)

 

Kuniharu Nakamura

 

President and Director

Director/Board Member

 

 

Biography:

Mr. Kuniharu Nakamura has been serving as President and Representative Director in SUMITOMO CORPORATION, since June 2012. He joined the Company in April 1974. His previous titles include Director of Business Planning, Director of Automobile Planning, Director of 1st Automobile, Director of 3rd Automobile, Senior Managing Executive Officer, Manager of Resource and Chemical Product Business Unit and Executive Vice President in the Company. He obtained his Bachelor's degree in Economics from Osaka University in March 1974.

 

Age: 62

 

Education:

Osaka University, B (Economics)

 

Shinichi Sasaki

 

Executive Vice President, Manager of Media & Life Related Business Division, Representative Director

Director/Board Member

 

 

Biography:

Mr. Shinichi Sasaki has been serving as Executive Vice President, Manager of Media & Life Related Business Division and Representative Director in SUMITOMO CORPORATION since April 1, 2013. He is also Independent Director in Jupiter Telecommunications Co., Ltd. He joined the Company in April 1974 and used to serve as Senior Managing Executive Officer, Manager of Life Industry & Construction Real Estate Business Division, Director of Steel Pipe Trade, Director of Steel Pipe, Manager of China Metal Division and Managing Executive Officer in the Company. He used to serve as President and Chief Executive Officer in subsidiaries.

 

Age: 62

 

Kazuhisa Togashi

 

Executive Vice President, Manager of Metal Business, Representative Director

Director/Board Member

 

 

Biography:

Mr. Kazuhisa Togashi has been serving as Executive Vice President, Manager of Metal Business and Representative Director in SUMITOMO CORPORATION since April 1, 2013. He joined the Company in April 1975. His previous titles include Senior Managing Executive Officer, Director of 1st Laminate Trading, Director of SSC Sales, Executive Officer, Chief Director of 2nd Steel Plat and Managing Executive Officer, among others.

 

Age: 61

 

 

Executives

 

Name

Title

Function

Kuniharu Nakamura

 

President and Director

President

Biography:

Mr. Kuniharu Nakamura has been serving as President and Representative Director in SUMITOMO CORPORATION, since June 2012. He joined the Company in April 1974. His previous titles include Director of Business Planning, Director of Automobile Planning, Director of 1st Automobile, Director of 3rd Automobile, Senior Managing Executive Officer, Manager of Resource and Chemical Product Business Unit and Executive Vice President in the Company. He obtained his Bachelor's degree in Economics from Osaka University in March 1974.

 

Age: 62

 

Education:

Osaka University, B (Economics)

 

Yasuyuki Abe

 

Senior Managing Executive Officer, Manager of Corporate Coordination Group, Representative Director

Division Head Executive

 

 

Biography:

Mr. Yasuyuki Abe has been serving as Senior Managing Executive Officer, Manager of Corporate Coordination Group and Representative Director in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1977. He used to serve as Manager of New Industry and Function Promotion Business Division, Managing Executive Officer, Manager of Finance and Logistics Business Unit and Chief Director of Financial Business in the Company, and work for SUMITRONICS INC., PRESIDIO VENTURE PARTNERS, LLC, another company and another subsidiary in the United States.

 

Age: 61

 

Masayuki Doi

 

General Manager-Corporate Planning & Coordination Department

Division Head Executive

 

Masahiro Fujita

 

Managing Executive Officer

Division Head Executive

 

Yoshihiro Fujiura

 

Executive Officer, President of Subsidiary

Division Head Executive

 

Kimio Fukushima

 

Executive Officer, Chief Director of 2nd Automobile Business

Division Head Executive

 

Toru Furihata

 

Senior Managing Executive Officer, Manager of Resource & Chemical Product Business, Representative Director

Division Head Executive

 

Biography:

Mr. Toru Furihata has been serving as Senior Managing Executive Officer, Manager of Resource & Chemical Product Business and Representative Director in SUMITOMO CORPORATION, since June 2012. He joined the Company in April 1975 and used to serve as Executive Officer, Managing Executive Officer and Chief Director of 2nd Resource. Mr. Toru obtained his Bachelor's degree in Engineering from Kyoto University in March 1975.

 

Age: 61

 

Education:

Kyoto University, B (Engineering)

 

Fumihiro Furuba

 

Executive Officer, Manager of China Metal Division, President of Subsidiary

Division Head Executive

 

Masatoshi Hayashi

 

Executive Officer, Director of Public Relations

Division Head Executive

 

Naoki Hidaka

 

Senior Managing Executive Officer, Manager of Transporting Machine & Construction Machine Business Division, Director

Division Head Executive

 

Biography:

Mr. Naoki Hidaka has been serving as Senior Managing Executive Officer, Manager of Transporting Machine & Construction Machine Business Division and Director in SUMITOMO CORPORATION since June 2013. He joined the Company in April 1976. His previous titles include Executive Officer, Chief Director of Auto Metal Product, Managing Executive Officer, Manager of Chubu Block and Manager of Kansai Block.

 

Age: 60

 

Kohei Hirao

 

Managing Executive Officer, CEO of Asia Sumitomo Corporation Group, President of Subsidiary

Division Head Executive

 

Makoto Horie

 

Executive Officer, Chief Director of Transporting Machine Metal Products

Division Head Executive

 

Mitsuhiko Hosono

 

Executive Officer, Director of Legal Affairs

Division Head Executive

 

Masayuki Hyodo

 

Executive Officer, Chief Director of Power Infrastructure Business

Division Head Executive

 

Kimihiko Imura

 

Executive Officer, Director of Corporate Risk Management

Division Head Executive

 

Hiroyuki Inohara

 

Senior Managing Executive Officer, Chief Financial Officer, Manager of Financial Resources Group, Director

Division Head Executive

 

Biography:

Mr. Hiroyuki Inohara has been serving as Senior Managing Executive Officer, Chief Financial Officer, Manager of Financial Resources Group and Director in SUMITOMO CORPORATION since June 2013. He joined the Company in April 1976. His prevous titles include Director of Finance Business, Managing Executive Officer and Senior Director of Finance and Logistics, among others.

 

Age: 60

 

Koki Inoue

 

Executive Officer, Chief Director of Construction Real Estate

Division Head Executive

 

Naoru Ishimura

 

Executive Officer, Chief Director of Light Metal & Special Steel Board

Division Head Executive

 

Hideki Iwasawa

 

Managing Executive Officer, EVP & CFO of North America Sumitomo Corporation Group

Division Head Executive

 

Biography:

Mr. Hideki Iwasawa has been serving as Managing Executive Officer and EVP & CFO of North America Sumitomo Corporation Group in SUMITOMO CORPORATION, since April 1, 2012. He is also serving as Vice President and Chief Financial Officer of a subsidiary. He joined the Company April 1977. His previous titles include Director of Corporate Risk Administration and Executive Officer. He used to work for SUMICORP FINANCE LTD. He obtained his Bachelor of Law in Hitotsubashi University in March 1977.

 

Age: 58

 

Education:

Hitotsubashi University, B (Law)

 

Michihiko Kanegae

 

Senior Managing Executive Officer, Manager of Environment & Infrastructure Business, Representative Director

Division Head Executive

 

 

Biography:

Mr. Michihiko Kanegae has been serving as Senior Managing Executive Officer, Manager of Environment & Infrastructure Business and Representative Director in SUMITOMO CORPORATION since April 1, 2013. He joined the Company in April 1974 and used to serve as Managing Executive Officer, Chief Director of Electricity & Society Infrastructure Business, Chief Director of Electricity & Infrastructure Business and Chief Director of Communication Environment and Industrial Infrastructure in the Company. He used to work for the Company's subsidiaries in Indonesia and the United State. He obtained his Bachelor's degree in Law from Hitotsubashi University in March 1971.

 

Age: 61

 

Education:

Hitotsubashi University, B (Law)

 

Seiichi Kato

 

Executive Officer, Chief Director of Food Material Business

Division Head Executive

 

Takuro Kawahara

 

Executive Vice President, Manager of Human Resources & General Affairs & Legal Affairs Group, Representative Director

Division Head Executive

 

Biography:

Mr. Takuro Kawahara has been serving as Executive Vice President, Manager of Human Resources & General Affairs & Legal Affairs Group and Representative Director in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1975. His previous titles include Senior Managing Executive Officer, Director of Legal Affairs and Manager Executive Officer in the Company. He obtained his Bachelor's degree in Law from Kyoto University in March 1975.

 

Age: 61

 

Education:

Kyoto University, B (Law)

 

Hiroaki Mizobuchi

 

Executive Officer, Manager of Kyushu & Okinawa Block, President of Subsidiary

Division Head Executive

 

 

Biography:

Mr. Hiroaki Mizobuchi has been serving as Executive Officer and Manager of Kyushu & Okinawa Block in SUMITOMO CORPORATION, as well as President in a subsidiary, since April 1, 2013. He joined the Company in March 1977. His previous titles include Chief Director of New Business Promotion, Deputy Director of Energy Business, Director of Energy Business, Deputy Director of Communication, Environment and Industry Infrastructure business and Director of Electricity Energy Solution in the Company. He obtained his Bachelors' degree in Law from University of Tokyo in March 1977.

 

Age: 58

 

Education:

University of Tokyo, B (Law)

 

Masaru Nakamura

 

Senior Managing Executive Officer, Manager of Kansai Block

Division Head Executive

 

Tomokazu Nambu

 

Executive Officer, Chief Director of Steel Tube

Division Head Executive

 

Kiyoshi Ogawa

 

Managing Executive Officer, Director of Internal Audit

Division Head Executive

 

Biography:

Mr. Kiyoshi Ogawa has been serving as Managing Executive Officer and Director of Internal Audit in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1977. His previous titles include Director of Legal Affairs, Deputy Director of Legal Affairs and Executive Officer in the Company. He obtained his Bachelors' degree in Law from University of Tokyo in March 1977.

 

Age: 58

 

Education:

University of Tokyo, B (Law)

 

Shinichi Sasaki

 

Executive Vice President, Manager of Media & Life Related Business Division, Representative Director

Division Head Executive

 

 

Biography:

Mr. Shinichi Sasaki has been serving as Executive Vice President, Manager of Media & Life Related Business Division and Representative Director in SUMITOMO CORPORATION since April 1, 2013. He is also Independent Director in Jupiter Telecommunications Co., Ltd. He joined the Company in April 1974 and used to serve as Senior Managing Executive Officer, Manager of Life Industry & Construction Real Estate Business Division, Director of Steel Pipe Trade, Director of Steel Pipe, Manager of China Metal Division and Managing Executive Officer in the Company. He used to serve as President and Chief Executive Officer in subsidiaries.

 

Age: 62

 

Akira Satake

 

Managing Executive Officer, Director of Finance

Division Head Executive

 

Yutaka Sekine

 

Executive Officer, Manager of Asia Transportation Machine & Construction Machine Unit, President of Subsidiary

Division Head Executive

 

Biography:

Mr. Yutaka Sekine has been serving as Executive Officer and Manager of Asia Transportation Machine & Construction Machine Unit in SUMITOMO CORPORATION, as well as President in a subsidiary, since April 1, 2012. He joined the Company in March 1978. His previous titles include Director of Third Construction Machinery, Senior Director of Transportation Machine & Construction Machine and Deputy Senior Director of Transport Machine and Construction Machinery in the Company. He obtained his Bachelors' degree in Law from Keio University in March 1978.

 

Age: 57

 

Education:

Keio University, B (Law)

 

Masao Sekiuchi

 

Managing Executive Officer, Manager of Chubu Block

Division Head Executive

 

 

Biography:

Mr. Masao Sekiuchi has been serving as Managing Executive Officer and Manager of Chubu Block in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in April 1979. His previous titles include Executive Officer, Chief Director Non-ferrous Metal Product, Director of Second Sheet Trading, Deputy Chief Director of Third Iron and Steel, Director of Stainless and Senior Director of Metal in the Company. He obtained his Bachelors' degree in Commerce from Hitotsubashi University in March 1979.

 

Age: 57

 

Education:

Hitotsubashi University, B (Commerce)

 

Toshifumi Shibuya

 

Executive Officer, Chief Director of Media Business

Division Head Executive

 

Atsushi Shinohara

 

Executive Officer

Division Head Executive

 

Masato Sugimori

 

Managing Executive Officer

Division Head Executive

 

Biography:

Mr. Masato Sugimori has been serving as Managing Executive Officer in SUMITOMO CORPORATION, since April 1, 2013. He joined the Company in March 1979. His previous titles include Executive Officer, Manager of North America Corporate Coordination Group, Senior Deputy Director of Machine and Electricity, Director of Business Planning and Senior Director of Machine and Electricity. He obtained his Bachelors' degree in Law from Osaka University in March 1979.

 

Age: 56

 

Education:

Osaka University, B (Law)

 

Kiyoshi Sunobe

 

Executive Officer, CEO of Europe Sumitomo Corporation Group, President of Subsidiaries

Division Head Executive

 

Masao Tabuchi

 

Executive Officer, Chief Director of Ship & Aerospace & Vehicle Business

Division Head Executive

 

Koichi Takahata

 

Managing Executive Officer, Director of Main Accounting

Division Head Executive

 

Biography:

Mr. Koichi Takahata has been serving as Managing Executive Officer and Director of Main Accounting in the SUMITOMO CORPORATION, since April 1, 2012. Prior to that, he served as Executive Officer and Director of Main Accounting in the Company. He joined the Company in April 1978. His previous titles include Director of Invest Relations in the Company. He obtained his Bachelors' degree in Science from Waseda University in March 1978.

 

Age: 57

 

Education:

Waseda University, B (Science)

 

Akira Takeuchi

 

Executive Officer, Chief Director of First Material

Division Head Executive

 

 

Biography:

Mr. Akira Takeuchi has been serving as Executive Officer and Chief Director of First Material in SUMITOMO CORPORATION, since April 1, 2010. He joined the Company in April 1977. His previous titles include Deputy Director of Non-ferrous Metal Material, Director of Non-ferrous Metal Material, and Deputy Chief Director of First Material in the Company. He obtained his Bachelors' degree in Economics from Kyoto University in March 1977.

 

Age: 59

 

Education:

Kyoto University, B (Economics)

 

Kazuhiro Takeuchi

 

Senior Managing Executive Officer, CEO of America Sumitomo Corporation Group, President of Subsidiary

Division Head Executive

 

 

Biography:

Mr. Kazuhiro Takeuchi has been serving as Senior Managing Executive Officer and CEO of America Sumitomo Corporation Group in SUMITOMO CORPORATION, as well as President of a subsidiary, since June 2013. He joined the Company in April 1978. His previous titles include Representative Director, Manager of Transportation Machine & Construction Machine Business, Executive Officer, Chief Director of Finance Business, Director of Business Planning and Managing Executive Officer, among others.

 

Age: 60

 

Yasuhiko Tsuji

 

Executive Officer, Chief Director of Basic Chemical Product & Electronics

Division Head Executive

 

Shingo Ueno

 

Executive Officer, Chief Director of Energy

Division Head Executive

 

Nobuhiko Yuki

 

Managing Executive Officer, CEO of China Sumitomo Corporation Group, President of Subsidiary

Division Head Executive

 

Biography:

Mr. Nobuhiko Yuki has been serving as Managing Executive Officer and CEO of China Sumitomo Corporation Group in SUMITOMO CORPORATION, as well as President in a subsidiary, since April 1, 2012. He joined the Company in April 1976. His previous titles include Director of Agriculture Science, Chief Director of Life Science, Director of Pet Care Science and Deputy Chief Director of Life Science in the Company. He obtained his Bachelors' degree in Agriculture from University of Tokyo in March 1976.

 

Age: 60

 

Education:

University of Tokyo, B (Agriculture)

 

Kiyoma Machida

 

Managing Executive Officer

Managing Director

 

 

Education:

Keio University, Bacelors (Economics)

 

Makoto Nakamura

 

Managing Executive Officer

Managing Director

 

Hirohiko Imura

 

Executive Officer

Administration Executive

 

Hiroki Inoue

 

Executive Officer

Administration Executive

 

Takashi Kano

 

Executive Vice President

Administration Executive

 

Fumihiro Koba

 

Executive Officer

Administration Executive

 

Toshikazu Nambu

 

Executive Officer

Administration Executive

 

Tsuguoki Fujinuma

 

Corporate Auditor

Accounting Executive

 

Ichiro Miura

 

Corporate Auditor

Accounting Executive

 

Mitsuo Nitta

 

Corporate Auditor

Accounting Executive

 

Kenzo Okubo

 

Standing Corporate Auditor

Accounting Executive

 

 

Significant Developments

 

 

 

 

MDxHealth SA And Sumitomo Corporation's Subsidiary Sign Pharmaco Molecular Diagnostic Partnership For Japan

Jul 01, 2013


MDxHealth SA announced the signing of a partnership with Summit Pharmaceuticals International Corporation (SPI) a subsidiary of Sumitomo Corporation to gain access to the Japanese market with its pharmaco molecular diagnostic (PharmacoMDx) epigenetic technologies and products. Expanding upon MDxHealth's PharmacoMDx program, the partnership aims to provide companion diagnostic solutions, or theranostics, to pharmaceutical companies in the Japanese market. No financial terms have been disclosed.

Japan Petroleum Exploration Co Ltd to Establish Joint Venture with SUMITOMO CORPORATION and Sumitomo Corporation Hokkaido to Start Solar Power Generation Business

Jun 04, 2013


Japan Petroleum Exploration Co Ltd announced that it will establish a joint venture with SUMITOMO CORPORATION and Sumitomo Corporation Hokkaido, to start solar power generation business, in November 2014.

R&I Affirms SUMITOMO CORPORATION's Rating at "AA-"; Rating Outlook Stable

May 23, 2013


Rating and Investment Information, Inc. (R&I) announced that it has affirmed the rating on SUMITOMO CORPORATION at "AA-". The rating outlook is stable.

SUMITOMO CORP to Establish Joint Venture in Malaysia-NNA Japan Co., Ltd.

May 21, 2013


NNA Japan Co., Ltd. reported that SUMITOMO CORP will establish a joint venture in Malaysia with a Malaysia-based company and Tokyo Metropolitan Sewerage Service Corporation in June 2013. The joint venture will be capitalized at JPY 60 million and will be engaged in the design, construction, maintenance and management of sewage treatment facilities and sewer network.

SUMITOMO CORP to Issue Year-end Dividend for FY 2013

May 02, 2013


SUMITOMO CORP announced that it has decided to issue a year-end dividend payment of JPY 21 per share (JPY 26,260 million in total), above its latest dividend forecast of JPY 20 per share announced on February 4, 2013, to all its shareholders as a record of March 31, 2013. The dividend will be paid on June 24, 2013.

SUMITOMO CORP Pulls Out Of Aquila Resources Ltd Coal JV In Australia-Reuters

Apr 29, 2013


Reuters reported that Aquila Resources Ltd suffered a set back to its plans to raise capital via asset sales to help fund a AUD7.4 billion ($7.6 billion) Australian iron ore project after SUMITOMO CORP pulled out of a coal exploration partnership. A memorandum of understanding reached between the two companies a year ago was designed to pave the way for an acquisition by Sumitomo of a 20%-50% interest in coal mining tenements held by Aquila in Queensland state.

Myanmar Names SUMITOMO CORP And Other Bidders In Race For Two Mobile Licences-Reuters

Apr 11, 2013


Reuters reported that Myanmar has announced the names of 12 international consortia that have pre-qualified to bid for two mobile licences, moving closer to opening one of the last major untapped mobile markets. The companies include Bharti Airtel Ltd, China Mobile Ltd, KDDI CORP, MTN Group Ltd, Singapore Telecommunications Ltd, Telenor ASA and Digicel, a group backed by billionaire George Soros. The pre-qualified applicants will be required to submit their applications to the committee by June 3, 2013. The committee expects to announce the names of two winners to receive 15-year telecommunications licences by June 27, it said. China Mobile has teamed up with Vodafone Group Plc, while France Telecom SA is working with Marubeni Corporation, and Africa's MTN with M1 Telecom and Amara Communications. SingTel has joined with Myanmar Telephone Co Ltd and KBZ, while KDDI has teamed up with Japan's SUMITOMO CORP and Myanmar Information and Communication Technology Development Corp. Other pre-qualifiers are Axiata Group Bhd, Millicom International Cellular SA, Qatar Telecom QSC and Viettel Group. The bidding has attracted wide interest from international telecoms firms, which see huge opportunities in a country of 60 million where mobile penetration is just 5%-10%, compared with rates of over 100% in many developed markets.

SUMITOMO CORP Announces Result for Shares in Jupiter Telecommunications Co Ltd through Tender Offer by KDDI CORP and NJ Corporation

Apr 11, 2013


SUMITOMO CORP announced the result of tender offer for shares in Jupiter Telecommunications Co Ltd, by KDDI CORP and NJ Corporation, of which the same number of voting rights are owned by SUMITOMO CORP and KDDI CORP. KDDI CORP acquired 644,115 shares and NJ Corporation acquired 553,679 shares and 1,922 share options (a total of 8.09% stake) in Jupiter Telecommunications, for JPY 123,000 per share during the period from February 27, 2013 to April 10, 2013. NJ K.K. will transfer its shares in Jupiter Telecommunications to SUMITOMO CORP. NJ Corporation will transfer its shares in Jupiter Telecommunications to SUMITOMO CORP and SUMITOMO CORP will be the top shareholder of Jupiter Telecommunications.

SUMITOMO CORP Signs LNG Contract

Apr 01, 2013


TOKYO GAS CO LTD announced that its Tokyo-based subsidiary, which is engaged in liquid natural gas (LNG) trading business, has signed a contract with SUMITOMO CORP. According to the contract, SUMITOMO CORP will sell 1.4 million ton of LNG to the subsidiary.

SUMITOMO CORP Appoints New Chairman of the Board

Mar 28, 2013


SUMITOMO CORP announced that it has appointed Kazuo Ohmori as Chairman of the Board effective June 2013.

Jupiter Telecommunications Co Ltd Announces Price Change in the Tender Offer by KDDI CORP and SUMITOMO CORP

Feb 26, 2013


Jupiter Telecommunications Co Ltd announced that the tender offer price was changed from JPY 110,000 per share, which was disclosed on October 24, 2012, to JPY 123,000 per share, in the tender offer by KDDI and Sumitomo Corp.

SUMITOMO CORP to Acquire Kienle+Spiess- Sangyo Press

Feb 20, 2013


Sangyo Press reported that SUMITOMO CORP announced that it has decided to acquire all the shares in Kienle+Spiess, which is engaged in manufacture of motors in Germany, with its Europe-based subsidiary Sumitomo Corporation Europe Limited, in March 2013. The Company will acquire a 60% stake in Kienle+Spiess and Sumitomo Corporation Europe Limited will acquire a 40% stake. The transaction price is not disclosed.

Alstom SA to Deliver 850 Megawatts Gas-Fired Combined-Cycle Power Plant in Bangkok in Consortium with Sumitomo Corp of Japan

Feb 04, 2013


Alstom SA announced that in consortium with Sumitomo Corp of Japan, has been awarded an EPC1 contract by Electricity Generating Authority of Thailand (EGAT) to build the 850 Megawatts North Bangkok combined-cycle power plant (CCPP) block two and supply its equipment. Alstom's share in this contract amounts to approximately EUR 225 million. Located in the northern suburbs of Bangkok, the plant will supply electricity to meet the fast growing demand of the Kingdom's capital.Alstom will supply two GT26 gas turbines, the turbo generators, heat recovery steam generators (HRSG), steam turbines and distribution control system.

SUMITOMO CORP Lowers Year-end Dividend Forecast for FY 2013

Feb 04, 2013


SUMITOMO CORP announced that it has lowered the year-end dividend forecast from JPY 26 per share to JPY 20 per share, for the fiscal year ending March 31, 2013.

WOOD ONE CO LTD to Sell Sub-subsidiary to Subsidiary of SUMITOMO CORP

Dec 25, 2012


WOOD ONE CO LTD announced that its subsidiary Juken New Zealand Limited will sell all its holding 100% stake in its subsidiary Juken NZ Northern Plantations Limited, which engages in the holding and management of mountain forest to Summit Forest Management of NZ Limited, which is a subsidiary of SUMITOMO CORP, effective January 2013.

SUMITOMO CORP Announces Decease of Chairman

Oct 31, 2012


SUMITOMO CORP announced the demise of Susumu Kato on October 30, 2012, who served as Chairman of the Board and Representative Director of the Company.

SUMITOMO CORP to Acquire Jupiter Telecommunications Co., Ltd. through Takeover Bid

Oct 24, 2012


SUMITOMO CORP announced that it will acquire Jupiter Telecommunications Co., Ltd. through takeover bid.

Sumitomo Chemical Co Ltd to Establish Joint Venture with SUMITOMO CORP and Renaissance Energy Research- CNT News

Oct 16, 2012


CNT News reported that Sumitomo Chemical Co Ltd, SUMITOMO CORP and Renaissance Energy Research will establish a joint venture in Tokyo, Japan, which will be engaged in the CO2 separation business capitalized at JPY 800 million, in 2012. Sumitomo Chemical Co Ltd, SUMITOMO CORP and Renaissance Energy Research will hold a 47.5% stake, a 47.5% stake and a 5% stake in the joint venture, respectively.

Devon Energy Corporation Announces $1.4 Billion Joint Venture

Aug 01, 2012


Devon Energy Corporation announced it has signed an agreement with Sumitomo Corporation whereby Sumitomo will invest $1.4 billion in exchange for 30% of Devon's interest in approximately 650,000 net acres in the Cline Shale and the Midland-Wolfcamp Shale. Under the terms of the agreement, Sumitomo will invest $340 million in cash upon closing and an additional $1.025 billion will be invested in the form of a drilling carry. The drilling carry will fund 70 percent of Devon's capital requirements, resulting in Sumitomo paying 79 percent of the overall drilling and completion costs during the carry period. For the full-year 2012, the partnership expects to drill approximately 40 gross wells. Based on the current work plan, Devon expects the entire $1.025 billion carry to be realized by mid-2014.

 

Annual Income Statement

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Updated Normal
31-Mar-2009

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate (Period Average)

82.970472

78.961215

85.691434

92.941082

100.484331

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

    Net Sales

36,353.3

41,298.7

36,178.5

30,952.4

34,946.5

Revenue

36,353.3

41,298.7

36,178.5

30,952.4

34,946.5

Total Revenue

36,353.3

41,298.7

36,178.5

30,952.4

34,946.5

 

 

 

 

 

 

    Cost of Revenue

26,386.3

29,662.3

26,095.9

22,612.8

25,639.3

Cost of Revenue, Total

26,386.3

29,662.3

26,095.9

22,612.8

25,639.3

Gross Profit

9,966.9

11,636.4

10,082.6

8,339.6

9,307.2

 

 

 

 

 

 

    Selling/General/Administrative Expense

3,301.7

8,692.9

7,710.1

7,000.3

6,512.2

    Labor & Related Expense

4,062.5

-

-

-

-

    Advertising Expense

347.4

-

-

-

-

Total Selling/General/Administrative Expenses

7,711.7

8,692.9

7,710.1

7,000.3

6,512.2

    Amortization of Intangibles

208.5

-

-

-

-

Depreciation/Amortization

208.5

-

-

-

-

    Impairment-Assets Held for Use

69.6

169.0

232.1

107.2

146.4

    Impairment-Assets Held for Sale

-

-

23.5

209.9

224.8

    Other Unusual Expense (Income)

-

-

-

-

173.8

Unusual Expense (Income)

69.6

169.0

255.6

317.1

545.1

    Other Operating Expense

18.9

-

-

-

-

Other Operating Expenses, Total

18.9

-

-

-

-

Total Operating Expense

34,395.0

38,524.2

34,061.5

29,930.2

32,696.6

 

 

 

 

 

 

Operating Income

1,958.3

2,774.5

2,117.0

1,022.2

2,250.0

 

 

 

 

 

 

        Interest Expense - Non-Operating

-350.6

-366.7

-373.5

-436.8

-574.3

    Interest Expense, Net Non-Operating

-350.6

-366.7

-373.5

-436.8

-574.3

        Interest Income - Non-Operating

160.8

176.0

162.4

169.6

214.9

        Investment Income - Non-Operating

2,076.6

1,729.8

1,366.3

1,516.4

1,310.4

    Interest/Investment Income - Non-Operating

2,237.3

1,905.8

1,528.7

1,686.0

1,525.3

Interest Income (Expense) - Net Non-Operating Total

1,886.7

1,539.1

1,155.2

1,249.2

951.0

Gain (Loss) on Sale of Assets

-

55.2

26.2

101.1

-3.8

    Other Non-Operating Income (Expense)

-

-45.4

-25.4

15.8

-16.1

Other, Net

-

-45.4

-25.4

15.8

-16.1

Income Before Tax

3,845.0

4,323.5

3,272.9

2,388.3

3,180.9

 

 

 

 

 

 

Total Income Tax

907.9

984.2

824.7

566.0

958.4

Income After Tax

2,937.1

3,339.3

2,448.2

1,822.3

2,222.6

 

 

 

 

 

 

    Minority Interest

-135.5

-164.7

-111.7

-43.0

-82.1

Net Income Before Extraord Items

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

Net Income

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Income Available to Common Excl Extraord Items

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Income Available to Common Incl Extraord Items

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Basic/Primary Weighted Average Shares

1,250.3

1,250.1

1,250.1

1,250.0

1,250.0

Basic EPS Excl Extraord Items

2.24

2.54

1.87

1.42

1.71

Basic/Primary EPS Incl Extraord Items

2.24

2.54

1.87

1.42

1.71

Dilution Adjustment

-

0.0

0.0

0.0

0.0

Diluted Net Income

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

Diluted Weighted Average Shares

1,251.2

1,250.9

1,250.7

1,250.4

1,250.2

Diluted EPS Excl Extraord Items

2.24

2.54

1.87

1.42

1.71

Diluted EPS Incl Extraord Items

2.24

2.54

1.87

1.42

1.71

Dividends per Share - Common Stock Primary Issue

0.55

0.63

0.42

0.26

0.34

Gross Dividends - Common Stock

693.2

791.6

525.2

322.8

423.0

Interest Expense, Supplemental

350.6

366.7

373.5

436.8

574.3

Depreciation, Supplemental

1,134.3

1,964.6

1,873.6

1,776.7

1,567.0

Total Special Items

69.6

113.8

229.3

216.0

548.9

Normalized Income Before Tax

3,914.6

4,437.2

3,502.3

2,604.3

3,729.9

 

 

 

 

 

 

Effect of Special Items on Income Taxes

16.4

25.9

57.8

51.2

165.4

Inc Tax Ex Impact of Sp Items

924.3

1,010.1

882.5

617.2

1,123.8

Normalized Income After Tax

2,990.3

3,427.1

2,619.8

1,987.1

2,606.1

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2,854.8

3,262.4

2,508.1

1,944.1

2,523.9

 

 

 

 

 

 

Basic Normalized EPS

2.28

2.61

2.01

1.56

2.02

Diluted Normalized EPS

2.28

2.61

2.01

1.55

2.02

Advertising Expense, Supplemental

347.4

-

-

-

-

Reported Operating Profit

1,958.3

2,784.4

2,141.2

1,348.9

2,621.2

Normalized EBIT

2,027.9

2,943.5

2,372.5

1,339.3

2,795.0

Normalized EBITDA

3,162.2

4,908.1

4,246.1

3,116.0

4,362.0

    Current Tax - Domestic

-

-

-

-

361.8

    Current Tax - Foreign

-

-

-

-

505.2

    Current Tax - Total

519.9

1,053.6

904.2

961.5

-

Current Tax - Total

519.9

1,053.6

904.2

961.5

867.1

    Deferred Tax - Domestic

-

-

-

-

-31.2

    Deferred Tax - Foreign

-

-

-

-

122.5

    Deferred Tax - Total

387.9

-69.3

-79.5

-395.5

-

Deferred Tax - Total

387.9

-69.3

-79.5

-395.5

91.3

Income Tax - Total

907.9

984.2

824.7

566.0

958.4

Interest Cost - Domestic

60.6

70.3

59.4

52.0

52.9

Service Cost - Domestic

111.6

112.4

93.5

80.5

68.9

Prior Service Cost - Domestic

44.9

12.5

39.2

12.3

2.2

Expected Return on Assets - Domestic

-66.6

-72.6

-55.3

-44.0

-48.1

Actuarial Gains and Losses - Domestic

-

-

-

-

42.7

Other Pension, Net - Domestic

-38.8

-6.8

0.0

-7.8

0.0

Domestic Pension Plan Expense

111.8

115.8

136.8

93.0

118.7

Total Pension Expense

111.8

115.8

136.8

93.0

118.7

Discount Rate - Domestic

1.40%

1.90%

2.10%

2.40%

3.00%

Expected Rate of Return - Domestic

2.10%

2.40%

2.20%

2.10%

2.50%

Compensation Rate - Domestic

2.80%

2.90%

2.80%

3.00%

3.10%

Total Plan Interest Cost

60.6

70.3

59.4

52.0

52.9

Total Plan Service Cost

111.6

112.4

93.5

80.5

68.9

Total Plan Expected Return

-66.6

-72.6

-55.3

-44.0

-48.1

Total Plan Other Expense

-38.8

-6.8

0.0

-7.8

0.0

 




 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Updated Normal
31-Mar-2009

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate

94.088557

82.385362

82.88

93.44

98.77

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

    Cash & Equivalents

9,895.6

10,040.1

8,580.4

8,769.0

5,222.9

    Short Term Investments

315.2

248.5

63.2

56.3

192.0

Cash and Short Term Investments

10,210.8

10,288.6

8,643.6

8,825.2

5,414.9

        Accounts Receivable - Trade, Gross

-

-

-

-

13,202.7

        Provision for Doubtful Accounts

-

-

-

-

-166.8

    Trade Accounts Receivable - Net

-

18,381.4

18,236.5

16,188.8

13,035.9

    Notes Receivable - Short Term

-

-

-

-

3,083.0

Total Receivables, Net

-

18,381.4

18,236.5

16,188.8

16,118.9

    Inventories - Finished Goods

6,393.3

7,686.6

7,492.6

6,420.8

-

    Inventories - Raw Materials

1,011.7

896.3

939.0

751.9

-

    Inventories - Other

783.5

-

-

-

-

Total Inventory

8,188.6

8,582.9

8,431.6

7,172.7

8,505.5

Prepaid Expenses

1,337.1

2,642.4

4,020.3

3,034.7

960.4

    Deferred Income Tax - Current Asset

-

-

-

-

344.1

    Other Current Assets

17,960.6

2,470.2

2,768.7

2,612.7

2,825.0

Other Current Assets, Total

17,960.6

2,470.2

2,768.7

2,612.7

3,169.1

Total Current Assets

37,697.0

42,365.6

42,100.7

37,834.2

34,168.7

 

 

 

 

 

 

    Property/Plant/Equipment - Gross

-

-

-

-

17,473.8

    Accumulated Depreciation

-

-

-

-

-6,790.9

Property/Plant/Equipment - Net

8,736.2

7,366.1

9,814.6

8,971.2

10,682.9

Intangibles, Net

2,973.9

4,025.2

4,210.8

3,870.7

4,055.4

    LT Investment - Affiliate Companies

-

15,132.1

13,283.9

8,741.3

9,045.0

    LT Investments - Other

2,805.7

2,616.5

2,867.6

2,614.5

-

Long Term Investments

2,805.7

17,748.7

16,151.5

11,355.8

9,045.0

Note Receivable - Long Term

-

7,837.9

7,509.8

6,511.3

7,548.7

    Deferred Income Tax - Long Term Asset

950.5

1,238.4

821.5

609.2

366.1

    Other Long Term Assets

30,085.5

7,137.3

6,631.7

6,907.5

5,188.7

Other Long Term Assets, Total

31,036.0

8,375.6

7,453.2

7,516.7

5,554.8

Total Assets

83,248.8

87,719.1

87,240.6

76,060.0

71,055.5

 

 

 

 

 

 

Accounts Payable

-

13,380.1

12,381.3

11,192.6

8,407.0

Accrued Expenses

1,078.7

1,113.4

1,064.5

925.1

867.0

Notes Payable/Short Term Debt

7,393.7

0.0

0.0

0.0

9,018.4

Current Portion - Long Term Debt/Capital Leases

-

7,674.5

10,261.0

10,122.2

3,876.2

    Income Taxes Payable

210.4

337.1

404.5

327.1

284.8

    Other Current Liabilities

14,450.6

3,870.6

4,159.4

3,894.0

3,664.9

Other Current liabilities, Total

14,661.0

4,207.7

4,563.9

4,221.2

3,949.7

Total Current Liabilities

23,133.4

26,375.7

28,270.7

26,461.1

26,118.3

 

 

 

 

 

 

    Long Term Debt

33,646.4

36,190.3

35,195.0

28,529.4

28,564.2

Total Long Term Debt

33,646.4

36,190.3

35,195.0

28,529.4

28,564.2

Total Debt

41,040.1

43,864.8

45,456.1

38,651.6

41,458.8

 

 

 

 

 

 

    Deferred Income Tax - LT Liability

995.3

936.4

1,208.0

1,260.4

1,399.9

Deferred Income Tax

995.3

936.4

1,208.0

1,260.4

1,399.9

Minority Interest

1,308.0

1,361.1

1,346.8

1,112.7

1,071.0

    Reserves

404.2

-

-

-

-

    Pension Benefits - Underfunded

409.3

311.2

227.0

214.7

202.5

    Other Long Term Liabilities

1,534.4

2,042.6

2,044.5

2,072.7

-

Other Liabilities, Total

2,347.8

2,353.8

2,271.4

2,287.4

202.5

Total Liabilities

61,430.9

67,217.2

68,291.9

59,651.0

57,355.9

 

 

 

 

 

 

    Common Stock

2,330.6

2,661.6

2,645.7

2,346.7

2,220.1

Common Stock

2,330.6

2,661.6

2,645.7

2,346.7

2,220.1

Additional Paid-In Capital

4,701.2

18,617.6

16,373.8

12,897.4

14,181.4

Retained Earnings (Accumulated Deficit)

14,788.6

-

-

-

179.2

Treasury Stock - Common

-2.5

-12.6

-12.7

-11.6

-11.6

Unrealized Gain (Loss)

-

-

-

-

-629.0

    Translation Adjustment

-

-

-

-

-2,240.5

    Other Comprehensive Income

-

-764.8

-58.1

1,176.5

-

Other Equity, Total

-

-764.8

-58.1

1,176.5

-2,240.5

Total Equity

21,817.9

20,501.9

18,948.7

16,409.0

13,699.7

 

 

 

 

 

 

Total Liabilities & Shareholders’ Equity

83,248.8

87,719.1

87,240.6

76,060.0

71,055.5

 

 

 

 

 

 

    Shares Outstanding - Common Stock Primary Issue

1,250.5

1,250.1

1,250.1

1,250.1

1,250.0

Total Common Shares Outstanding

1,250.5

1,250.1

1,250.1

1,250.1

1,250.0

Treasury Shares - Common Stock Primary Issue

0.1

0.5

0.5

0.5

0.6

Employees

73,953

72,087

64,886

-

70,755

Number of Common Shareholders

150,414

128,483

120,717

-

131,501

Deferred Revenue - Current

-

2,197.0

2,406.3

2,341.8

1,239.1

Total Long Term Debt, Supplemental

-

-

-

-

32,543.3

Long Term Debt Maturing within 1 Year

-

-

-

-

3,979.1

Long Term Debt Maturing in Year 2

-

-

-

-

5,298.8

Long Term Debt Maturing in Year 3

-

-

-

-

5,739.8

Long Term Debt Maturing in Year 4

-

-

-

-

4,267.6

Long Term Debt Maturing in Year 5

-

-

-

-

3,244.9

Long Term Debt Maturing in 2-3 Years

-

-

-

-

11,038.5

Long Term Debt Maturing in 4-5 Years

-

-

-

-

7,512.4

Long Term Debt Matur. in Year 6 & Beyond

-

-

-

-

10,013.3

Total Operating Leases, Supplemental

4,240.5

4,816.1

4,855.5

4,359.3

-

Operating Lease Payments Due in Year 1

462.1

538.7

479.5

430.0

-

Operating Lease Payments Due in Year 2

333.6

413.0

390.3

360.8

-

Operating Lease Payments Due in Year 3

333.6

413.0

390.3

360.8

-

Operating Lease Payments Due in Year 4

333.6

413.0

390.3

360.8

-

Operating Lease Payments Due in Year 5

333.6

413.0

390.3

360.8

-

Operating Lease Pymts. Due in 2-3 Years

667.2

826.0

780.7

721.5

-

Operating Lease Pymts. Due in 4-5 Years

667.2

826.0

780.7

721.5

-

Oper. Lse. Pymts. Due in Year 6 & Beyond

2,444.1

2,625.3

2,814.6

2,486.2

-

Pension Obligation - Domestic

3,260.4

3,064.2

2,607.8

2,069.5

1,967.4

Plan Assets - Domestic

3,137.5

2,954.3

2,658.3

2,332.7

1,946.7

Funded Status - Domestic

-122.9

-109.8

50.5

263.2

-20.7

Total Funded Status

-122.9

-109.8

50.5

263.2

-20.7

Discount Rate - Domestic

1.40%

1.90%

2.10%

2.40%

2.40%

Compensation Rate - Domestic

2.80%

2.90%

2.80%

3.00%

2.90%

Prepaid Benefits - Domestic

-

-

-

-

181.8

Accrued Liabilities - Domestic

-

-

-

-

-202.5

Net Assets Recognized on Balance Sheet

-

-

-

-

-20.7

Equity % - Domestic

-

31.00%

42.00%

52.00%

35.00%

Debt Securities % - Domestic

-

45.00%

40.00%

34.00%

35.00%

Other Investments % - Domestic

-

24.00%

18.00%

14.00%

30.00%

Total Plan Obligations

3,260.4

3,064.2

2,607.8

2,069.5

1,967.4

Total Plan Assets

3,137.5

2,954.3

2,658.3

2,332.7

1,946.7

 




 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Reclassified Normal
31-Mar-2010

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate (Period Average)

82.970472

78.961215

85.691434

92.941082

100.484331

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

Net Income/Starting Line

2,937.1

3,339.3

2,448.2

1,822.3

2,222.6

    Depreciation

1,134.3

1,964.6

1,873.6

1,776.7

1,567.0

Depreciation/Depletion

1,134.3

1,964.6

1,873.6

1,776.7

1,567.0

    Unusual Items

384.7

-24.3

189.6

-232.7

105.6

    Equity in Net Earnings (Loss)

-1,293.9

-1,401.0

-1,115.4

-800.5

-384.8

    Other Non-Cash Items

-

-

-

-

173.8

Non-Cash Items

-909.2

-1,425.4

-925.8

-1,033.2

-105.4

    Accounts Receivable

560.2

-1,032.6

-544.0

1,396.7

3,777.4

    Inventories

-76.7

-413.3

-841.9

1,684.1

-1,305.4

    Prepaid Expenses

-241.4

-44.6

-125.4

24.0

-319.3

    Accounts Payable

-

-73.6

-31.2

701.8

-2,638.9

    Taxes Payable

-

984.2

824.7

566.0

-

    Other Operating Cash Flow

-26.1

-887.0

-116.7

-1,517.4

273.1

Changes in Working Capital

216.1

-1,467.0

-834.5

2,855.1

-213.1

Cash from Operating Activities

3,378.4

2,411.5

2,561.5

5,421.0

3,471.0

 

 

 

 

 

 

    Purchase of Fixed Assets

-2,401.6

-1,106.1

-868.4

-761.1

-3,284.8

Capital Expenditures

-2,401.6

-1,106.1

-868.4

-761.1

-3,284.8

    Acquisition of Business

-909.3

359.6

-172.3

-349.9

-

    Sale of Business

995.3

676.9

44.0

-

-

    Sale of Fixed Assets

171.5

242.6

74.5

179.1

610.3

    Sale/Maturity of Investment

359.5

307.0

34.7

136.6

187.3

    Investment, Net

-

-

-

-

-9.1

    Purchase of Investments

-6,725.0

-4,563.3

-5,346.0

-4,631.3

-5,011.1

    Other Investing Cash Flow

6,265.5

3,631.2

755.9

4,871.5

4,904.9

Other Investing Cash Flow Items, Total

157.4

654.0

-4,609.2

206.2

682.2

Cash from Investing Activities

-2,244.2

-452.1

-5,477.5

-554.8

-2,602.6

 

 

 

 

 

 

    Other Financing Cash Flow

-170.4

-33.3

-49.4

-133.8

-500.8

Financing Cash Flow Items

-170.4

-33.3

-49.4

-133.8

-500.8

    Cash Dividends Paid - Common

-768.5

-696.6

-452.2

-322.8

-485.2

Total Cash Dividends Paid

-768.5

-696.6

-452.2

-322.8

-485.2

        Sale/Issuance of Common

5.4

0.2

0.4

0.6

0.8

    Common Stock, Net

5.4

0.2

0.4

0.6

0.8

Issuance (Retirement) of Stock, Net

5.4

0.2

0.4

0.6

0.8

    Short Term Debt, Net

314.6

913.2

-1,294.9

-3,639.0

2,338.4

        Long Term Debt Issued

7,343.4

7,412.4

9,913.6

7,235.5

4,344.0

        Long Term Debt Reduction

-7,021.8

-8,017.4

-6,298.4

-4,768.5

-5,755.4

    Long Term Debt, Net

321.6

-605.0

3,615.3

2,467.0

-1,411.4

Issuance (Retirement) of Debt, Net

636.2

308.3

2,320.4

-1,171.9

926.9

Cash from Financing Activities

-297.3

-421.4

1,819.1

-1,627.9

-58.2

 

 

 

 

 

 

Foreign Exchange Effects

399.7

-

-

-

-267.5

Net Change in Cash

1,236.6

1,538.1

-1,096.9

3,238.2

542.8

 

 

 

 

 

 

Net Cash - Beginning Balance

9,906.1

8,871.0

9,316.1

5,523.1

4,546.1

Net Cash - Ending Balance

11,142.7

10,409.1

8,219.2

8,761.3

5,088.9

Cash Interest Paid

340.5

389.8

367.0

426.7

527.7

Cash Taxes Paid

770.9

1,094.2

1,007.2

1,275.6

1,063.5

 

 

Annual Income Statement

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Updated Normal
31-Mar-2009

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate (Period Average)

82.970472

78.961215

85.691434

92.941082

100.484331

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

    Goods Sales

29,315.9

32,383.3

29,472.5

25,027.6

28,196.5

    Services

7,037.3

8,915.4

6,705.9

5,924.8

6,750.0

Total Revenue

36,353.3

41,298.7

36,178.5

30,952.4

34,946.5

 

 

 

 

 

 

    Advertising Expenses

347.4

-

-

-

-

    Amortization of Intangible

208.5

-

-

-

-

    Other Operating Expense

18.9

-

-

-

-

    Cost of Goods

24,148.1

26,176.2

23,715.4

20,415.3

23,316.0

    Cost of Service & Other

2,238.2

3,486.1

2,380.4

2,197.5

2,323.3

    Equipment Expenses

1,306.7

-

-

-

-

    Traveling And Transportation Expense

299.9

-

-

-

-

    Business Consignment Expense

629.0

-

-

-

-

    Bad Debts Exp. and Prov. for Dtful. Acc.

102.1

-

-

-

-

    Other SGA

964.0

-

-

-

-

    Selling,Gen.&Admin.

-

8,692.9

7,710.1

7,000.3

6,512.2

    Labor Cost

4,062.5

-

-

-

-

    SP Allow.Doubt.Acct.

-

-

-

-

173.8

    Gain/Loss on Sale of Noncurrent Assets

-123.5

-

-

-

-

    Loss On Valuation Of Noncurrent Assets

193.1

-

-

-

-

    L-Val. Fixed Asset

-

169.0

232.1

107.2

146.4

    SP.L-Val. Marktbl. Secs

-

-

23.5

209.9

224.8

Total Operating Expense

34,395.0

38,524.2

34,061.5

29,930.2

32,696.6

 

 

 

 

 

 

    Interest Income

160.8

176.0

162.4

169.6

214.9

    Interest Expense

-350.6

-366.7

-373.5

-436.8

-574.3

    Loss Gain On Securities

620.9

-

-

-

-

    Equity In Earnings Of Affiliates

1,293.9

-

-

-

-

    Dividend Income

161.8

141.8

116.8

121.6

145.6

    G/L-SaleMarktb.Secs.

-

187.0

134.1

594.3

269.6

    G/L-Affiliates' New Stock Issue

-

-

-

-

-0.1

    Inv. Income/Loss-Equity Method

-

1,401.0

1,115.4

800.5

895.2

    OtherNon-Op.Inc./Exp

-

-45.4

-25.4

15.8

-16.0

    G-Sale PP&E

-

55.2

26.2

101.1

-3.8

Net Income Before Taxes

3,845.0

4,323.5

3,272.9

2,388.3

3,180.9

 

 

 

 

 

 

Provision for Income Taxes

907.9

984.2

824.7

566.0

958.4

Net Income After Taxes

2,937.1

3,339.3

2,448.2

1,822.3

2,222.6

 

 

 

 

 

 

    Minority Interest

-135.5

-164.7

-111.7

-43.0

-82.1

Net Income Before Extra. Items

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

Net Income

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Income Available to Com Excl ExtraOrd

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Income Available to Com Incl ExtraOrd

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

 

 

 

 

 

 

Basic Weighted Average Shares

1,250.3

1,250.1

1,250.1

1,250.0

1,250.0

Basic EPS Excluding ExtraOrdinary Items

2.24

2.54

1.87

1.42

1.71

Basic EPS Including ExtraOrdinary Items

2.24

2.54

1.87

1.42

1.71

Dilution Adjustment

-

0.0

0.0

0.0

0.0

Diluted Net Income

2,801.6

3,174.6

2,336.5

1,779.2

2,140.4

Diluted Weighted Average Shares

1,251.2

1,250.9

1,250.7

1,250.4

1,250.2

Diluted EPS Excluding ExtraOrd Items

2.24

2.54

1.87

1.42

1.71

Diluted EPS Including ExtraOrd Items

2.24

2.54

1.87

1.42

1.71

DPS-Ordinary Shares

0.55

0.63

0.42

0.26

0.34

Gross Dividends - Common Stock

693.2

791.6

525.2

322.8

423.0

Normalized Income Before Taxes

3,914.6

4,437.2

3,502.3

2,604.3

3,729.9

 

 

 

 

 

 

Inc Tax Ex Impact of Sp Items

924.3

1,010.1

882.5

617.2

1,123.8

Normalized Income After Taxes

2,990.3

3,427.1

2,619.8

1,987.1

2,606.1

 

 

 

 

 

 

Normalized Inc. Avail to Com.

2,854.8

3,262.4

2,508.1

1,944.1

2,523.9

 

 

 

 

 

 

Basic Normalized EPS

2.28

2.61

2.01

1.56

2.02

Diluted Normalized EPS

2.28

2.61

2.01

1.55

2.02

Advertising Expenses

347.4

-

-

-

-

Interest Expense

350.6

366.7

373.5

436.8

574.3

Depreciation

1,134.3

1,964.6

1,873.6

1,776.7

1,567.0

    Current Tax - Domestic

-

-

-

-

361.8

    Current Tax - Foreign

-

-

-

-

505.2

    Current Tax

519.9

1,053.6

904.2

961.5

-

Current Tax - Total

519.9

1,053.6

904.2

961.5

867.1

    Deferred Tax - Domestic

-

-

-

-

-31.2

    Deferred Tax - Foreign

-

-

-

-

122.5

    Deferred Tax

387.9

-69.3

-79.5

-395.5

-

Deferred Tax - Total

387.9

-69.3

-79.5

-395.5

91.3

Income Tax - Total

907.9

984.2

824.7

566.0

958.4

Reported Operating Profit

1,958.3

2,784.4

2,141.2

1,348.9

2,621.2

Service Cost

111.6

112.4

93.5

80.5

68.9

Interest Cost

60.6

70.3

59.4

52.0

52.9

Expected Return on Plan Assets

-66.6

-72.6

-55.3

-44.0

-48.1

Actuarial Gains and Losses

-

-

-

-

42.7

Prior Service Cost

44.9

12.5

39.2

12.3

2.2

Curtailments & Settlements

-38.8

-6.8

0.0

-7.8

0.0

Domestic Pension Plan Expense

111.8

115.8

136.8

93.0

118.7

Total Pension Expense

111.8

115.8

136.8

93.0

118.7

Discount rate

1.40%

1.90%

2.10%

2.40%

3.00%

Expected rate of return

2.10%

2.40%

2.20%

2.10%

2.50%

Compensation rate

2.80%

2.90%

2.80%

3.00%

3.10%

 




 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Updated Normal
31-Mar-2009

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate

94.088557

82.385362

82.88

93.44

98.77

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

    Cash& Deposits

9,826.0

9,976.5

8,498.0

8,714.6

5,177.2

    Time Deposits

69.6

63.7

82.4

54.4

45.7

    Short-term investment securities

315.2

248.5

63.2

56.3

192.0

    Account & Other Rcvls.

-

18,381.4

18,236.5

16,188.8

-

    NoteRcvl.&STLoan

-

-

-

-

1,909.1

    Account Rcvls.

-

-

-

-

13,202.7

    ST Loan-Affiliat

-

-

-

-

1,173.9

    Allow.Doubt.Acct

-

-

-

-

-166.8

    Operating Debts And Other

15,633.6

-

-

-

-

    Other Financial Assets(1)

592.2

-

-

-

-

    Other Financial Assets

-

585.5

828.2

725.6

-

    Inventories

-

-

-

-

8,505.5

    Merchandise

6,393.3

-

-

-

-

    Inventories- R.E. for Sale

-

919.9

937.0

806.2

-

    Inventories - merchandise

-

6,766.7

6,555.6

5,614.7

-

    Inventories Raw Materials And Work In Pr

1,011.7

-

-

-

-

    Inventories - raw materials& WIP

-

896.3

939.0

751.9

-

    Deferred Tax

-

-

-

-

344.1

    Advance payments-trade

1,337.1

2,642.4

4,020.3

3,034.7

960.4

    Other Curr.Asset

1,734.8

1,884.7

1,940.5

1,887.1

2,825.0

    Real Estate For Sale

783.5

-

-

-

-

Total Current Assets

37,697.0

42,365.6

42,100.7

37,834.2

34,168.7

 

 

 

 

 

 

    Invest. & Loan-Affill.

-

15,132.1

13,283.9

8,741.3

9,045.0

    Real Estate For Investment

2,805.7

-

-

-

-

    Biological Assets

119.7

-

-

-

-

    Other Investment

5,536.9

5,788.8

5,385.1

5,586.8

4,558.9

    LT Loan & Acct. Rcvbl.

-

7,837.9

7,509.8

6,511.3

7,548.7

    Equity In Earning Of Affiliates

15,842.1

-

-

-

-

    Operating Debts And Other

7,058.1

-

-

-

-

    Other Financial Assets(1)

1,031.9

-

-

-

-

    Allow.Doubt.Acct

-

-

-

-

-334.6

    Other Financial Assets

-

909.9

645.6

574.9

-

    Total property, plant and equipment

8,736.2

-

-

-

-

    Prop.Plant&Equip

-

7,366.1

9,814.6

8,971.2

-

    Prop.Plant&Equip

-

-

-

-

17,473.8

    Depreciation

-

-

-

-

-6,790.9

    Intangible Assets Net

2,973.9

-

-

-

-

    Other Intangible

-

4,025.2

4,210.8

3,870.7

4,055.4

    Properties investment, net

-

2,616.5

2,867.6

2,614.5

-

    Long-term prepaid expenses

496.8

438.6

601.0

745.8

440.6

    Deferred tax assets

950.5

1,238.4

821.5

609.2

366.1

    Other Asset

-

-

-

-

523.9

Total Assets

83,248.8

87,719.1

87,240.6

76,060.0

71,055.5

 

 

 

 

 

 

    Bonds And Loans Payable

7,393.7

-

-

-

-

    ST Debt

-

-

-

-

8,020.3

    Curr.LT Debt

-

-

-

-

3,876.2

    Corp. Bond & Borrowrings

-

7,674.5

10,261.0

10,122.2

-

    Account & Other Payables

-

13,380.1

12,381.3

11,192.6

-

    Note Payables

-

-

-

-

645.1

    Account Payables

-

-

-

-

8,407.0

    ST Debt-Affiliat

-

-

-

-

353.0

    Accounts Payable And Other

11,486.0

-

-

-

-

    Other Financial Liabilities

639.7

-

-

-

-

    Provision

66.8

-

-

-

-

    Other Financial Liab.

-

663.2

1,111.7

939.4

-

    Income Taxes Payable

210.4

-

-

-

-

    Corp.Tax Payable

-

337.1

404.5

327.1

284.8

    Accrued Expenses

1,078.7

1,113.4

1,064.5

925.1

867.0

    Customer Advance

1,673.0

2,197.0

2,406.3

2,341.8

1,239.1

    Allowance

-

101.7

71.5

41.4

-

    Other Curr.Liab.

585.1

908.7

569.9

571.6

2,425.7

Total Current Liabilities

23,133.4

26,375.7

28,270.7

26,461.1

26,118.3

 

 

 

 

 

 

    Bonds And Loans Payable

33,646.4

-

-

-

-

    Long Term Debt

-

-

-

-

28,564.2

    Corp. Bond & LT Borrowrings

-

36,190.3

35,195.0

28,529.4

-

Total Long Term Debt

33,646.4

36,190.3

35,195.0

28,529.4

28,564.2

 

 

 

 

 

 

    Provision For Retirement Benefits

409.3

-

-

-

-

    Res.Accrd.Retir.

-

311.2

227.0

214.7

202.5

    Accounts Payable And Other

1,125.0

-

-

-

-

    Other Financial Liabilities

409.3

-

-

-

-

    Account & Other Payables

-

1,319.4

1,424.6

1,357.1

-

    Other Financial Liab.

-

446.5

410.2

561.2

-

    Deferred Tax Liabilities

995.3

-

-

-

-

    Deferred Tax

-

936.4

1,208.0

1,260.4

1,399.9

    Allowance

-

276.7

209.6

154.5

-

    Equity Minority Interests

1,308.0

-

-

-

-

    MinorityInterest

-

1,361.1

1,346.8

1,112.7

1,071.0

    Provision

404.2

-

-

-

-

Total Liabilities

61,430.9

67,217.2

68,291.9

59,651.0

57,355.9

 

 

 

 

 

 

    Common Stock

2,330.6

2,661.6

2,645.7

2,346.7

2,220.1

    Paid-in-Capital

2,862.0

3,427.9

3,485.4

3,094.1

2,948.8

    Total retained earnings

14,788.6

-

-

-

-

    Legal Reserves

-

-

-

-

179.2

    Retained Earning

1,839.2

15,189.7

12,888.4

9,803.2

11,232.6

    Other Comprehen.

-

-764.8

-58.1

1,176.5

-

    UnrlzedGain-Sec.

-

-

-

-

191.9

    Translation Adj.

-

-

-

-

-2,240.5

    UnrlzedG.-Deriva

-

-

-

-

-150.4

    Pension Adjustment

-

-

-

-

-670.5

    Treasury Stock

-2.5

-12.6

-12.7

-11.6

-11.6

Total Equity

21,817.9

20,501.9

18,948.7

16,409.0

13,699.7

 

 

 

 

 

 

Total Liabilities & Shareholders' Equity

83,248.8

87,719.1

87,240.6

76,060.0

71,055.5

 

 

 

 

 

 

    S/O-Ordinary Shares

1,250.5

1,250.1

1,250.1

1,250.1

1,250.0

Total Common Shares Outstanding

1,250.5

1,250.1

1,250.1

1,250.1

1,250.0

T/S-Ordinary Shares

0.1

0.5

0.5

0.5

0.6

Deferred Revenue - Current

-

2,197.0

2,406.3

2,341.8

1,239.1

Full-Time Employees

73,953

72,087

64,886

-

70,755

Total Number of Shareholders

150,414

-

-

-

-

Number of Common Shareholders

-

128,483

120,717

-

131,501

LT Debt, Mat. within 1 Yr.

-

-

-

-

3,979.1

LT Debt, Mat. within 2 Yr.

-

-

-

-

5,298.8

LT Debt. Mat. within 3 Yr.

-

-

-

-

5,739.8

LT Debt. Mat. within 4 Yr.

-

-

-

-

4,267.6

LT Debt, Mat. within 5 Yr.

-

-

-

-

3,244.9

LT Debt, Mat. more than 5 Yr.

-

-

-

-

10,013.3

Total Long Term Debt, Supplemental

-

-

-

-

32,543.3

Operating Lease Maturing within a Year

462.1

-

-

-

-

Operating Lease Pymts. Due within 1Year

-

538.7

479.5

430.0

-

Oper Lease Maturg over 1 Yr within 5 Yrs

1,334.4

-

-

-

-

Operating Lease Payments Due in Year 5

-

1,652.1

1,561.4

1,443.0

-

Operating Lease Maturing over 5 Year

2,444.1

-

-

-

-

Operating Leases - Remaining Payments

-

2,625.3

2,814.6

2,486.2

-

Total Operating Leases, Supplemental

4,240.5

4,816.1

4,855.5

4,359.3

-

Retirement Benefit Expenses Cumulative L

3,260.4

-

-

-

-

Pension Obligation

-

3,064.2

2,607.8

2,069.5

1,967.4

Plan Assets at Fair Value

3,137.5

-

-

-

-

Fair Value of Plan Assets

-

2,954.3

2,658.3

2,332.7

1,946.7

Unfunded Retirement Benefit Obligation

-122.9

-

-

-

-

Funded Status

-

-109.8

50.5

263.2

-20.7

Total Funded Status

-122.9

-109.8

50.5

263.2

-20.7

Discount Rate

1.40%

1.90%

2.10%

2.40%

2.40%

Compensation Rate

2.80%

2.90%

2.80%

3.00%

2.90%

Prepaid pension benefits

-

-

-

-

181.8

Reserve for accrued retirement benefits

-

-

-

-

-202.5

Net Assets Recognized on Balance Sheet

-

-

-

-

-20.7

Equity securities

-

31.00%

42.00%

52.00%

35.00%

Debt securities

-

45.00%

40.00%

34.00%

35.00%

Cash

-

24.00%

18.00%

14.00%

30.00%

 




 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
31-Mar-2013

Updated Normal
31-Mar-2012

Updated Normal
31-Mar-2011

Restated Normal
31-Mar-2011

Reclassified Normal
31-Mar-2010

Filed Currency

JPY

JPY

JPY

JPY

JPY

Exchange Rate (Period Average)

82.970472

78.961215

85.691434

92.941082

100.484331

Auditor

KPMG AZSA LLC

KPMG LLP

KPMG LLP

KPMG LLP

KPMG LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified with Explanation

Unqualified with Explanation

Unqualified with Explanation

 

 

 

 

 

 

Net Income (bf. Tax)

2,937.1

3,339.3

2,448.2

1,822.3

2,222.6

    Depreciation

1,134.3

1,964.6

1,873.6

1,776.7

1,567.0

    Allow.Doubt.Acct.

-

-

-

-

173.8

    Other Finance Income And Expenses

-592.8

-

-

-

-

    Income Taxes Paid

907.9

-

-

-

-

    L-Val.RealEstate

193.1

-

-

-

146.4

    L-Val.PPE

-

169.0

232.1

107.2

-

    G/L-Sale PP&E

-123.5

-55.2

-26.2

-101.1

3.8

    Financilal G/L

-

-138.1

-16.3

-238.8

-

    L-Val. Markb.Secs.

-

-

-

-

224.8

    G-Sale Marktb.Secs.

-

-

-

-

-269.5

    Gain On Investment Of Equity Method

-1,293.9

-

-

-

-

    Invest.Income-Equity

-

-1,401.0

-1,115.4

-800.5

-384.8

    Corp. Tax Exp.

-

984.2

824.7

566.0

-

    Inventories

-76.7

-413.3

-841.9

1,684.1

-1,305.4

    Decrease Increase In Operating Receivabl

1,863.0

-

-

-

-

    Decrease Increase In Operating Receivabl

-1,302.8

-

-

-

-

    Acct.Receivables

-

-1,032.6

-544.0

1,396.7

3,777.4

    Prepaid Expenses

-241.4

-44.6

-125.4

24.0

-319.3

    Acct. Payables

-

-73.6

-31.2

701.8

-2,638.9

    Interest Income Received

158.8

-

-

-

-

    Dividends Income Received

677.9

-

-

-

-

    Payments For Loss On Litigation

-340.5

-

-

-

-

    Income Taxes Paid

-770.9

-

-

-

-

    Other

248.6

-174.6

277.0

-474.1

273.1

    Inter. Rcved.

-

172.0

159.5

170.9

-

    Div. Rcved.

-

599.6

821.0

488.2

-

    Interest Paid

-

-389.8

-367.0

-426.7

-

    Tax Paid

-

-1,094.2

-1,007.2

-1,275.6

-

Cash from Operating Activities

3,378.4

2,411.5

2,561.5

5,421.0

3,471.0

 

 

 

 

 

 

    Proceeds From Sales Of Investments In Re

359.5

-

-

-

-

    TimeDeposit, Net

-

-

-

-

-9.1

    Payments For Investments In Real Estates

-189.1

-

-

-

-

    Capital Expenditures

-2,212.5

-1,106.1

-868.4

-761.1

-3,284.8

    Sale of PP&E

171.5

242.6

74.5

179.1

610.3

    Sale of Invest. R.E.

-

307.0

34.7

136.6

-

    Purch. of Invest. R.E.

-

-76.2

-99.8

-272.0

-

    Purch. Invest. Secs.

-

-

-

-

-135.8

    Sale Invest. Secs.

-

-

-

-

125.9

    Redemp.Invest. Secs.

-

-

-

-

0.0

    Purch. Marktb.Secs.

-

-

-

-

-2.5

    Sale Marktb. Secs.

-

-

-

-

61.4

    Purch. Other Invest.

-1,430.5

-1,565.7

-3,685.9

-933.2

-1,474.1

    Sale Other Invest.

967.3

854.3

572.4

1,728.3

990.8

    Loan Made

-6,725.0

-4,487.2

-5,246.1

-4,359.3

-4,872.9

    Loan Collected

6,728.8

4,342.5

3,869.4

4,076.5

5,388.2

    Loss On Purchase Of Subsidiary

-909.3

-

-

-

-

    Purch. Subs.Stock(consol. change)

-

359.6

-172.3

-349.9

-

    Gain On Sales Of Subsidiary

995.3

-

-

-

-

    Sale Subs. Stock(consol. change)

-

676.9

44.0

-

-

Cash from Investing Activities

-2,244.2

-452.1

-5,477.5

-554.8

-2,602.6

 

 

 

 

 

 

    ST Debt, Net

314.6

913.2

-1,294.9

-3,639.0

2,338.4

    LT Debt Proceed

7,343.4

7,412.4

9,913.6

7,235.5

4,344.0

    LT Debt Paid

-7,021.8

-8,017.4

-6,298.4

-4,768.5

-5,755.4

    Dividend Paid

-768.5

-696.6

-452.2

-322.8

-485.2

    Proceed from minorities' payment

9.2

10.7

2.9

8.1

0.0

    Sale minorities' payment

-

54.2

0.0

-

-

    Dividend Paid MI

-44.8

-79.6

-40.9

-89.1

-31.7

    Cash dividends paid to Minority

-134.8

-18.7

-11.4

-52.8

-469.1

    Treasury stock transactions, net

5.4

0.2

0.4

0.6

0.8

Cash from Financing Activities

-297.3

-421.4

1,819.1

-1,627.9

-58.2

 

 

 

 

 

 

Foreign Exchange Effects

399.7

-

-

-

-267.5

Net Change in Cash

1,236.6

1,538.1

-1,096.9

3,238.2

542.8

 

 

 

 

 

 

Net Cash - Beginning Balance

9,906.1

8,871.0

9,316.1

5,523.1

4,546.1

Net Cash - Ending Balance

11,142.7

10,409.1

8,219.2

8,761.3

5,088.9

    Cash Interest Paid

340.5

389.8

367.0

426.7

527.7

    Cash Taxes Paid

770.9

1,094.2

1,007.2

1,275.6

1,063.5

 

Financial Health

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

Key Indicators USD (mil)

 

Quarter
Ending
31-Mar-2013

Quarter
Ending
Yr Ago

Annual
Year End
31-Mar-2013

1 Year
Growth

3 Year
Growth

5 Year
Growth

Total Revenue1 (?)

9,141.6

0.50%

36,353.3

-7.51%

1.59%

-3.85%

Operating Income1 (?)

438.4

59.33%

1,958.3

-25.83%

19.59%

-6.27%

Income Available to Common Excl Extraord Items1 (?)

476.6

38.85%

2,801.6

-7.27%

12.02%

-0.55%

Basic EPS Excl Extraord Items1 (?)

0.38

38.82%

2.24

-7.28%

12.01%

-0.69%

Capital Expenditures2 (?)

2,401.6

128.15%

2,401.6

128.15%

41.23%

-16.69%

Cash from Operating Activities2 (?)

3,378.4

47.21%

3,378.4

47.21%

-17.75%

-2.79%

Free Cash Flow (?)

861.3

-21.38%

861.3

-21.38%

-42.80%

-

Total Assets3 (?)

83,248.8

8.39%

83,248.8

8.39%

3.29%

0.68%

Total Liabilities3 (?)

61,430.9

4.37%

61,430.9

4.37%

1.22%

-1.00%

Total Long Term Debt3 (?)

33,646.4

6.18%

33,646.4

6.18%

5.90%

1.00%

Employees3 (?)

-

-

73953

2.59%

-

2.46%

Total Common Shares Outstanding3 (?)

1,250.5

0.03%

1,250.5

0.03%

0.01%

0.01%

1-ExchangeRate: JPY to USD Average for Period

92.002316

 

82.970472

 

 

 

2-ExchangeRate: JPY to USD Average for Period

82.970472

 

82.970472

 

 

 

3-ExchangeRate: JPY to USD Period End Date

94.088557

 

94.088557

 

 

 

Key Ratios

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Profitability

Gross Margin (?)

27.42%

28.18%

27.87%

26.94%

26.63%

Operating Margin (?)

5.39%

6.72%

5.85%

3.30%

6.44%

Pretax Margin (?)

10.58%

10.47%

9.05%

7.72%

9.10%

Net Profit Margin (?)

7.71%

7.69%

6.46%

5.75%

6.12%

Financial Strength

Current Ratio (?)

1.63

1.61

1.49

1.43

1.31

Long Term Debt/Equity (?)

1.54

1.77

1.86

1.74

2.09

Total Debt/Equity (?)

1.88

2.14

2.40

2.36

3.03

Management Effectiveness

Return on Assets (?)

3.24%

3.65%

2.93%

2.40%

3.06%

Return on Equity (?)

12.42%

15.38%

12.90%

11.46%

15.12%

Efficiency

Inventory Turnover (?)

2.96

3.33

3.27

2.78

3.23

Asset Turnover (?)

0.40

0.45

0.43

0.41

0.48

Receivables Turnover (?)

-

2.16

2.05

1.85

1.89

Market Valuation USD (mil)

P/E (TTM) (?)

7.06

.

Enterprise Value2 (?)

49,576.1

Price/Sales (TTM) (?)

0.54

.

Enterprise Value/Revenue (TTM) (?)

1.55

Price/Book (MRQ) (?)

0.80

.

Enterprise Value/EBITDA (TTM) (?)

17.78

Market Cap as of 05-Jul-20131 (?)

16,397.8

.

 

 

1-ExchangeRate: JPY to USD on 5-Jul-2013

100.061824

 

 

 

2-ExchangeRate: JPY to USD on 31-Mar-2013

94.088557

 

 

 

 

 

Annual Ratios

 

Financials in: USD (mil)

 

Except for share items (millions) and per share items (actual units)

 

 

 

 



 

 

31-Mar-2013

31-Mar-2012

31-Mar-2011

31-Mar-2010

31-Mar-2009

Financial Strength

Current Ratio (?)

1.63

1.61

1.49

1.43

1.31

Quick/Acid Test Ratio (?)

0.44

1.09

0.95

0.95

0.82

Working Capital1 (?)

14,563.6

15,989.9

13,830.0

11,373.1

8,050.5

Long Term Debt/Equity (?)

1.54

1.77

1.86

1.74

2.09

Total Debt/Equity (?)

1.88

2.14

2.40

2.36

3.03

Long Term Debt/Total Capital (?)

0.54

0.56

0.55

0.52

0.52

Total Debt/Total Capital (?)

0.65

0.68

0.71

0.70

0.75

Payout Ratio (?)

24.74%

24.94%

22.48%

18.14%

19.76%

Effective Tax Rate (?)

23.61%

22.76%

25.20%

23.70%

30.13%

Total Capital1 (?)

62,858.0

64,366.7

64,404.8

55,060.6

55,158.5

 

 

 

 

 

 

Efficiency

Asset Turnover (?)

0.40

0.45

0.43

0.41

0.48

Inventory Turnover (?)

2.96

3.33

3.27

2.78

3.23

Days In Inventory (?)

123.17

109.55

111.73

131.15

113.08

Receivables Turnover (?)

-

2.16

2.05

1.85

1.89

Days Receivables Outstanding (?)

-

169.34

178.02

196.96

192.87

Revenue/Employee2 (?)

433,486

549,089

576,483

-

502,481

Operating Income/Employee2 (?)

23,351

36,889

33,732

-

32,351

EBITDA/Employee2 (?)

36,877

63,009

63,588

-

54,882

 

 

 

 

 

 

Profitability

Gross Margin (?)

27.42%

28.18%

27.87%

26.94%

26.63%

Operating Margin (?)

5.39%

6.72%

5.85%

3.30%

6.44%

EBITDA Margin (?)

8.51%

11.48%

11.03%

9.04%

10.92%

EBIT Margin (?)

5.39%

6.72%

5.85%

3.30%

6.44%

Pretax Margin (?)

10.58%

10.47%

9.05%

7.72%

9.10%

Net Profit Margin (?)

7.71%

7.69%

6.46%

5.75%

6.12%

COGS/Revenue (?)

72.58%

71.82%

72.13%

73.06%

73.37%

SG&A Expense/Revenue (?)

21.21%

21.05%

21.31%

22.62%

18.63%

 

 

 

 

 

 

Management Effectiveness

Return on Assets (?)

3.24%

3.65%

2.93%

2.40%

3.06%

Return on Equity (?)

12.42%

15.38%

12.90%

11.46%

15.12%

 

 

 

 

 

 

Valuation

Free Cash Flow/Share2 (?)

0.69

1.00

1.40

3.71

0.15

Operating Cash Flow/Share 2 (?)

2.38

1.85

2.12

4.31

2.82

1-ExchangeRate: JPY to USD Period End Date

94.088557

82.385362

82.88

93.44

98.77

2-ExchangeRate: JPY to USD Average for Period

94.088557

82.385362

82.88

93.44

98.77

 

Current Market Multiples

Market Cap/Earnings (TTM) (?)

7.06

Market Cap/Equity (MRQ) (?)

0.80

Market Cap/Revenue (TTM) (?)

0.54

Market Cap/EBIT (TTM) (?)

9.75

Market Cap/EBITDA (TTM) (?)

6.25

Enterprise Value/Earnings (TTM) (?)

20.08

Enterprise Value/Equity (MRQ) (?)

2.27

Enterprise Value/Revenue (TTM) (?)

1.55

Enterprise Value/EBIT (TTM) (?)

27.72

Enterprise Value/EBITDA (TTM) (?)

17.78

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.78

UK Pound

1

Rs.99.66

Euro

1

Rs.84.49

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.