Sumitomo Corporation

Sumitomo Corporation (住友商事, "Sumitomo Shōji") tyo|8053 is a highly built worldwide trading company (Sogo shosha), and is a diversified corporation based in Tokyo, Japan. Incorporated in 1919, it is a member company of the Sumitomo Group.

In 1996, the company disclosed a loss of 2.6 billion dollars, blaming unauthorized trades by its chief copper trader, Yasuo Hamanaka, over a period of more than ten years.

Today, the company, Sumitomo Corporation, is one of the top three Sogo shosha companies in the world.

ubsidiaries

* Bluewell Insurance
* Cantex
* Clickstream Capital
* JSAT
* Pacific Summit Energy
* Presidio Venture Partners
* The Seiyu, Ltd.
* SKY Perfect Communications Inc.
* Sumitomo Corporation Equity Asia Limited
* Sumitomo Mitsui Banking Corporation
* Sumitomo Wiring Systems Ltd.
* Summit Biotech
* United Cinemas

hareholders

*Sumitomo Life Insurance Co.
*Sumitomo Mitsui Banking Corporation
*The Bank of Tokyo-Mitsubishi, Ltd.
*The Sumitomo Trust and Banking Co., Ltd.
*Japan Trustee Services Bank, Ltd.
*Mitsui Sumitomo Insurance Co., Ltd.
*NEC Corporation
*The Mitsubishi Trust and Banking Corporation
*The Dai-ichi Mutual Life Insurance Company
*UFJ Trust Bank Limited

External links

* [http://www.sumitomocorp.co.jp/english/ Sumitomo Corporation HQ]
* [http://www.sumitomocorp.com/ Sumitomo Corporation USA HQ]
* [http://www.sumitomocorpeurope.com/ Sumitomo Corporation EU HQ]
* [http://sumitomo.gr.jp/english/organizn/index.html Sumitomo Group Companies Lists]
* [http://sumitomo.gr.jp/english/ Sumitomo Group Public Affairs]

Trading

* [http://www.cftc.gov/ogc/oporders98/ogcfsumitomo.htm CFTC - Sumitomo's Copper Trader's Arrangements]