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India

Sumitomo Corp (8053.T)

8053.T on Tokyo Stock Exchange

1,941JPY
22 Jan 2018
Change (% chg)

¥-32 (-1.62%)
Prev Close
¥1,973
Open
¥1,965
Day's High
¥1,968
Day's Low
¥1,931
Volume
3,335,600
Avg. Vol
4,065,008
52-wk High
¥2,044
52-wk Low
¥1,376

Latest Key Developments (Source: Significant Developments)

Sumitomo to transfer business to unit Sumitomo Shoji Chemicals
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Sumitomo Corp <8053.T> ::Says it plans to transfer its synthetic resin relevant business to its wholly owned subsidiary Sumitomo Shoji Chemicals, effective on April 1, 2018.  Full Article

Sumitomo says change of chairman, president and CEO
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Sumitomo Corp <8053.T> ::Says it appoints current president and CEO Kuniharu Nakamura as new chairman, to succeed Kazuo Ohmori.It appoints Masayuki Hyodo as new president and CEO .Changes will be effective on April 1, 2018.  Full Article

Sumitomo Corp Says Made Investment In Rivian
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Sumitomo Corp <8053.T>::SUMITOMO CORPORATION OF AMERICAS SAYS MADE A STRATEGIC INVESTMENT IN RIVIAN, FINANCIAL TERMS OF WHICH WERE NOT DISCLOSED.  Full Article

Sawai Pharmaceutical to sell 20 pct stake in SAWAI AMERICA for $211 mln
Monday, 13 Nov 2017 

Nov 13(Reuters) - Sawai Pharmaceutical Co Ltd <4555.T>:Says it plans to sell 20 percent stake in a wholly owned U.S.-based unit SAWAI AMERICA INC to Sumitomo Corporation of Americas, a wholly owned unit of SUMITOMO CORPORATION <<<8053.T>>>, for $211 million (23.2 billion yen).Transaction will be completed as of the end of March 2018.  Full Article

SCSK to sell all stake in unit QUO CARD for 22.5 bln yen
Monday, 30 Oct 2017 

Oct 30 (Reuters) - SCSK Corp <9719.T>:Says it plans to sell all stake in wholly owned unit QUO CARD Co., Ltd. to T-Gaia Corporation <<<3738.T>>> on Dec. 1, for 22.5 billion yen.  Full Article

SCSK to retire treasury shares
Monday, 30 Oct 2017 

Oct 30 (Reuters) - SCSK Corp <9719.T>:Says it plans to retire 3.8 million shares (3.5 percent of outstanding) of its common stock on Nov. 30.Says the total shares outstanding 104.2 million shares after the retirement.  Full Article

R&I affirms Sumitomo's rating at "A+" and announces stable outlook – R&I
Wednesday, 25 Oct 2017 

Oct 25(Reuters) - Sumitomo Corp <8053.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" – R&I.Rating outlook stable– R&I.  Full Article

Competition Commission of India approves JV between Gerdau S.A, Sumitomo Corp & Japan Steel Works<5631.T><8053.T>
Tuesday, 23 Aug 2016 

Competition Commission of India: CCI approves formation of joint venture between Gerdau S.A., Sumitomo Corporation and the Japan Steel Works Ltd . Further company coverage [GGBR4.SA] [8053.T] [5631.T] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Sumitomo Corp to start selling fuel cells for commercial vehicles - NIKKEI<8053.T>
Thursday, 11 Aug 2016 

NIKKEI:Sumitomo Corp to start selling fuel cells for commercial vehicles through partnership with California-based manufacturer US hybrid - Nikkei.  Full Article

Musashi Seimitsu Industry to transfer 25 pct stake in Hay Holding GmbH to Sumitomo Corp
Wednesday, 10 Aug 2016 

Musashi Seimitsu Industry Ltd <7220.T>: Says it plans to transfer 25 percent stake in wholly owned unit Hay Holding GmbH to Sumitomo Corp <8053.T> .Says Hay Holding GmbH is auto parts maker, based in Germany.  Full Article

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JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc .