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Topic: Sumitomo Group


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In the News (Thu 16 Feb 12)

  
  Sumitomo Group - Wikipedia, the free encyclopedia
The group is named after its founder, Masatomo Sumitomo, who began the company as a store selling medicine and books in 1630.
Masatomo Sumitomo's brother in law, Riemon Soga, who ran a copper smelting and smithing business at the time, soon developed a new smelting technique called Nanban-buki which extracted silver from raw copper.
Tomomochi Sumitomo, the eldest son of Riemon Soga disclosed this technique to other copper smelters and made a name for the Sumitomo family as the origin of the Nanban-buki technique.
en.wikipedia.org /wiki/Sumitomo_Group   (221 words)

  
 About Us : Sumitomo Drive Europe : English   (Site not responding. Last check: 2007-10-03)
Sumitomo Drive Technologies is part of a global network of companies with a shared history dating back 400 years (learn more...).
The Sumitomo group companies are one of the largest in Japan and their diverse range of products includes the manufacture of iron and steel, machinery, metal, mining, ceramics, real estate and commerce.
Sumitomo still utilise the distinctive "igeta" symbol as their emblem in a mark of respect to Masatomo Sumitomo, who used it on the family shop in the late 16th century.
www.sumitomodriveeurope.com /?p=5   (411 words)

  
 Sumitomo Electric U.S.A., Inc.: Company Profile
Masatomo is regarded as the spiritual founder of the Sumitomo Group.
One of the epoch-making events in the early days of the Sumitomo family was the 1690 opening of the Besshi Copper Mine on the island of Shikoku, across the Seto Inland Sea from Osaka.
Sumitomo Electric U.S.A., Inc. (SEUSA) is the US headquarters and sales office of its parent company, Sumitomo Electric Industries, Ltd. (SEI) of Japan.
www.sumitomoelectricusa.com /scripts/company   (568 words)

  
 The Sumitomo Group   (Site not responding. Last check: 2007-10-03)
Sumitomo Chemical is also part of the core.
The number of companies in the group is small, twenty, compared with the forty plus in some other members of the Big Six.
The Sumitomo Group is noted for its aggressive striving for profit and growth.
www.sjsu.edu /faculty/watkins/sumitomo.htm   (112 words)

  
 Sumitomo Corporation of America : Origins
Sumitomo's personality is shaped by a company history extending more than 350 years.
The Sumitomo Business Principles, stressing integrity and sound management, are based on Masatomo's Precepts and have been the central force shaping the spirit of each Sumitomo company for more than three centuries.
Sumitomo Corporation traces its roots to 1919, when Osaka Hokko Kaisha, Ltd. was established to undertake a land reclamation project in Osaka Bay.
www.sumitomocorp.com /about/origins.html   (395 words)

  
 Heritage
From these beginnings, the Sumitomo Group continued to grow and diversify to become one of the largest corporate groups in the world.
After 400 years, the Sumitomo family business spirit is alive in each of the Sumitomo Group companies.
Sumitomo Heavy Industries (SHI) is a highly diversified business operation which includes not only power transmission but infrastructure-related fields such as ships, bridges and steel structures, material and cargo handling systems, environmental protection equipment and facilities and construction equipment.
www.smcyclo.com /about/heritage.shtml   (295 words)

  
 Multinational Monitor, October 1983
Each group was controlled through a central holding company, or honsha, in which the zaibatsu family owned a majority of the stock.
Sumitomo has less foreign capital ties than Mitsubishi, but has had a long relationship with both ITT and AT&T. Among its major foreign investors are Upjohn Corporation, Minnesota Mining and Manufacturing (3M), GTE, and Ford Motor Company (which has a capital tieup with Toyo Kogyo, a group member).
Fuyo group members have particularly close ties with the Japanese government, and are some of the largest political contributors in Japan.
multinationalmonitor.org /hyper/issues/1983/10/ties.html   (1946 words)

  
 Sumitomo Electric Lightwave -Press Releases
Sumitomo is the first MPX licensee to have passed Tyco’s stringent testing requirements in mechanical, environmental, and backplane intermateability evaluations.
The testing focused on the Sumitomo LIGHTRAY MPX™ system's ability to be intermated with the Tyco connector system in backplane interconnections, which included the intermateability of Sumitomo's backplane and daughter card housings with Tyco connectors and vice versa.
Sumitomo Electric Lightwave, located in Research Triangle Park, NC, is the North American operation within the global network of Sumitomo Electric Industries, Ltd. (SEI).
www.sumitomoelectric.com /news/pr/press.asp?entryid=232   (395 words)

  
 Sumitomo Corporation of America (SCOA) - About SCOA
Sumitomo Corporation (http://www.sumitomocorp.co.jp) is one of the world's leading fully integrated trading and investment enterprises, and a major distributor of commodities, industrial goods, and consumer goods.
Sumitomo Corporation is headquartered in Japan, and has offices in 87 other countries around the world.
Established in 1952 and headquartered in New York, Sumitomo Corporation of America (http://www.sumitomocorp.com) is the largest wholly owned subsidiary of Sumitomo Corporation, with offices in 12 major U.S. cities.
www.sumitomocorp.com /news/archives/me_hermiston.html   (376 words)

  
 Modern Japan - Japan Inc. - Companies (5)
Established United Financial of Japan (UFJ) Group Holdings, one of the so-called 'megabank' groups, with Tokai Bank and Toyo Trust and Banking Co in April 2001 but the burden of bad loans led it to merge with Mitsubishi Tokyo Financial Group in 2005 to form Mitsubishi UFJ Financial Group.
Sumitomo grew prosperous as the purveyor of copper to the Tokugawa Shogunate and as their 'accountant'.
The Sumitomo group was much more centrally controlled by the Sumitomo family than was the case in the other zaibatsu.
www.japan-zone.com /modern/company5.shtml   (1847 words)

  
 History of Sumitomo   (Site not responding. Last check: 2007-10-03)
The Sumitomo Group is one of the largest Japanese corporate groupings, including enterprises in fields as diverse as coal, metals, chemical products, real estate and finance.
Sumitomo is one of those rare enterprises around the world that has endured for an extensive period of time.
When Sumitomo has experienced hardships or felt it needed to adapt to a changing world, our founder's business precepts and Business Principles have always been the spiritual mainstay and support on which we thoroughly examined how our business could cope with changes and challenges.
www.sewsus.com /history.html   (304 words)

  
 Sumitomo Mitsui Re Alliance
Sumitomo Mitsui Card will leverage its expertise as a general credit card company to establish infrastructure for mobile credit-card payments ranging from small to large amounts, including the installation of terminals at member retail shops nationwide to enable customers to make payments with mobile-wallet handsets.
Sumitomo Mitsui Cards core priority is to provide customers with the most convenient and user-friendly card services, thereby becoming the card provider of choice.
In December 2002, Sumitomo Mitsui Financial Group, Inc. was established through a stock transfer as a bank holding company, under which SMBC became a wholly-owned subsidiary.
www.advfn.com /news_re-alliance_11111993.html   (753 words)

  
 Analysis Group | Case | Sumitomo Corporation v. Major Investment Banks
Analysis Group Managing Principal Richard Starfield assisted our clients, two major investment banks, in a securities case involving a rogue trader employed by the plaintiff.
Sumitomo Corporation alleged that the trader inflated profits and conspired with our client to finance the alleged fraud through the use of various swaps and a combination of options and forwards.
Analysis Group analyzed transactions involving the derivatives and, working with our academic affiliate Professor Peter Tufano of Harvard Business School, provided insight into the nature of structured instruments as financing vehicles.
www.analysisgroup.com /AnalysisGroup/cases.aspx?id=287   (98 words)

  
 [ENGLISH]Company Profile
Sumitomo (S.H.I.) Construction Machinery Manufacturing Co., Ltd., are meeting the challenge head on.
Our reliable and versatile line of construction machinery has long played a key role in the development of infrastructure and amenities, and today we are leading the way in the development of equipment designed to meet rapidly changing needs and environmental considerations.
The Sumitomo Group Public Affairs Committee was established in 1958 to cultivate customer trust and develop public support for Sumitomo Group activities.
www.sumitomokenki.co.jp /english/index.html   (413 words)

  
 [No title]   (Site not responding. Last check: 2007-10-03)
Sumitomo Mitsui Financial Group, Inc. announced that it has decided to establish a special purpose subsidiary in on British Cayman Islands in order to issue preferred securities.
Sumitomo Mitsui Financial Group, Inc. raised its year-end dividend forecast from JPY 4,000 per share to JPY 7,000 per share for the fiscal year ending March 31, 2007.
Sumitomo Mitsui Financial Group, Inc.: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
today.reuters.com /stocks/KeyDevelopments.aspx?symbol=8316.T   (404 words)

  
 Sumitomo Electric Lightwave - News Article
While telcos have embraced ribbon fiber cable with its high-fiber count and relatively small diameter, cable companies for the most part have remained loyal to the rugged loose tube variety.
The reason is fiber count, says Bill Beasley, director of marketing for the communications networks group at Sumitomo Electric Lightwave.
Sumitomo, for example, offers an 864-fiber cable, in which each ribbon holds 36 fibers.
www.sumitomoelectric.com /news/pr/news_2001_sept_1   (451 words)

  
 Group A, Inc. - Your Source For ROH, Simmons, and DeZenyo Wheels
SUMITOMO is the premier export brand of SUMITOMO Rubber Industries, Ltd., one of the largest tire manufacturers in the world.
Wildly popular in the euro luxury and street tuner segments, SUMITOMO high.technology.radials also are an excellent way to improve the performance of just about any late model sedan or coupe.
In every SUMITOMO High Performance Tire you'll find rubber compounds, tread design and construction features recognized to be among the most innovative in the world.
www.groupawheels.com /sumitomo.html   (372 words)

  
 Asia Times Online - The trusted news source for information on Japan
This involves a challenge by Sumitomo Trust and Banking Co (loosely a member of the Sumitomo Mitsui FG), which had been negotiating with UFJ Holdings to buy UFJ's trust banking unit.
According to various accounts, the Sanwa group sought to dominate the merger in what is described as a "purge" of senior Tokai bankers.
All this may appear to be a messy way to embark on a bank cleanup, let alone the launch of a new era of "mega-banks" in a country that has yet to sort out its current crop of squabbling financial institutions.
www.atimes.com /atimes/Japan/FH26Dh02.html   (1738 words)

  
 Pharmaceutical Technology - Ibaraki Ehime manufacturing plant, Japan
Sumitomo Pharmaceutical Company completed the construction of its manufacturing plant in Ibaraki city, near Osaka in Japan.
Sumitomo Pharmaceuticals' management is determined to react to these difficulties by further strengthening its business foundations.
The strategy is to promote its strategic and efficient business operations, building up a corporate system for speedier discovery and development of new drugs as well as for continuous acquisition of regulatory approval and placement on the market.
www.pharmaceutical-technology.com /projects/ibaraki/index.html   (610 words)

  
 Sumitomo Corporation Europe Limited - Services - Finance & Investment
Sumitomo Corporation Europe group is much more than just a trading company.
Sumitomo Corporation Europe has a sister company in London, Sumitomo Corporation Capital Europe, the main function of which is high quality funding by issuing medium term notes and commercial papers in Euro capital market.
The integrated operation with Sumitomo Corporation Europe has much greater financial strength when we promote both business of trading and investment across all European countries.
www.sumitomocorpeurope.com /services/finance_investment.htm   (236 words)

  
 Citigroup   (Site not responding. Last check: 2007-10-03)
As a member of the Mitsui Group, Mitsui Marine is a leading provider of a diverse range of insurance solutions that offer individuals and enterprises superior coverage and peace of mind.
The Sumitomo Marine and Fire Insurance Co., Ltd. was established in 1893, and has matured into Japan's fourth-largest non-life insurance company.
As a member of the Sumitomo Group, Sumitomo Marine continues to provide the highest quality products, sophisticated risk management consulting, and solutions through an aggressive business strategy.
www.citigroup.com /citigroup/press/2001/data/010920a.htm   (537 words)

  
 Mitsubishi Tokyo Financial Group News
Since 2004, Sumitomo Trust had sought a court injunction to halt the negotiations between UFJ and Mitsubishi Tokyo, saying that violated their earlier agreement.
Sumitomo Mitsui Financial Group Inc., Japan's third-largest bank by assets, had a 40 percent decline in second-quarter profit as interest income and fees dropped.
Mitsubishi UFJ Financial Group, Mizuho Financial Group and other top lenders suffered declines of 20% or more in core earnings from lending and other mainstay businesses in the six months ended in September,...
www.topix.net /com/mtf   (800 words)

  
 Sumitomo Corp.   (Site not responding. Last check: 2007-10-03)
Sumitomo, Marubeni and Mitsui to Consider Integrating Their LPG Operations
These originating e-mail addresses are forged, however, and are being sent by a malicious third party.
Please beware of such fake messages, and take special care not to open any attachments that incorrectly give the impression that they are from us, but that you were not expecting.
www.sumitomocorp.co.jp /english   (95 words)

  
 Murugappa Group | Media centre   (Site not responding. Last check: 2007-10-03)
M A Alagappan, Chairman, Chola MS, "We are proud that the fifty-year-old relationship between Toyota and Mitsui Sumitomo in Japan is being extended to India as well.
Mitsui Sumitomo is the second largest Insurance Group in Japan, with a Net Written Premium (NWP) of $13.15 billion in 2005.
A pioneer and market leader in several fields with over 40 manufacturing operations across 12 states in India, the group has a strong presence in farm inputs, engineering and cycles, sugar, abrasives, finance, general insurance, sanitary ware, plantations, bio-products and nutraceuticals.
www.murugappa.com /0_media_centre/releases/200511nov/20051118_chola.htm   (1060 words)

  
 Business Objects Awards Five Customers for Excellence in Business Intelligence
Sumitomo Corporation relies on Business Objects solutions to create reports that are distributed via its Global Management Cockpit (GMC), the company’s business intelligence system, to hundreds of executives on a monthly basis.
The GMC is Sumitomo Corporation’s innovative corporate portal designed to give managers immediate access to key business metrics across several hundred subsidiaries and geographic regions.
By making the information available to Sumitomo Management in a cockpit format, the top executives of the company will have self-services access to a consistent and accurate view of their business.
www.businessobjects.com /news/press/press2001/2001_awards.asp   (1214 words)

  
 Sumitomo Distributing CosmoCom in Japan
The entry of Sumitomo, one of the world's oldest and largest business entities, into the field of Next Generation Networks speaks to the developing maturity of this industry.
Sumitomo's guiding principles, set down by its founder Masatomo Sumitomo almost 400 years ago, that "Steadiness and reliability are of the greatest importance; speculative profit should not be sought," reflect long term values that contrast with much of the business environment in recent years.
SSE is committed to enhancing its ability to provide solutions to meet the various and changing demands of the market by combining the sales and technical resources of the SSE Group and by creating alliances with promising domestic and foreign corporations.
www.cosmocom.com /Pressreleases/PressReleases2003/pr09222003.htm   (695 words)

  
 Sumitomo Warehse Re Alliance
Also, in connection with this business alliance, Sumitomo Warehouse and Daiwa House plan to form a capital alliance in the future, in order to strengthen mutual relations of trust.
Sumitomo Warehouse group aims to further enlarge and enhance its operating base as well as its profitability.
Sumitomo Warehouse and Daiwa House will work to mutually improve their enterprise worth by combining Sumitomo Warehouse group's expertise in logistics business and global and comprehensive infrastructure for logistics services with Daiwa House group's strength in customer development, construction technology and ability to promote its business.
www.advfn.com /news_re-alliance_10807346.html   (414 words)

  
 Cholamandalam MS Risk Services
Mitsui Sumitomo Insurance Group is one of the largest insurance groups in the world and biggest in Asia.
With A GWP of 10045 Million USD in 2002, MS is the second largest insurance group in Japan, in terms of net premium and is rated “AA” by Standard and Poor.
Mitsui Sumitomo Insurance has 350 sales bases, 250 claims handling offices and approximately 86,000 agents throughout Japan to form a sales network of the highest class in the industry.
www.cholarisk.com /aboutus.asp   (311 words)

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