The is a group of autonomous Japanese multinational companies.
History
The Sumitomo Group traces its roots to a bookshop in Kyoto founded circa 1590 by Masatomo Sumitomo, a former Buddhist monk. Even today, the corporation is run by his "Founder's Precepts", written in the 17th century. during the Edo period. import silk, By 1691, copper mining had been added to the portfolio.
thumb|upright|alt=Igeta mark|Igeta mark
The Meiji Restoration allowed Sumitomo to import and utilize Western machines and techniques in its mines. or business conglomerate.
After World War II, the Japanese zaibatsu conglomerates, including Sumitomo, were dissolved by the GHQ and the Japanese government. The group reformed as a keiretsu, a group of independent companies organized around The Sumitomo Bank (now Sumitomo Mitsui Banking Corporation) and bound together by cross shareholding.
Many companies continue to use the word Sumitomo in their corporate names. Most of them are managed independently and listed at Tokyo Stock Exchange (TSE) and other stock exchanges with highly dispersed shareholders. For some, the name only shows their historic origin, and they are no longer considered part of the Sumitomo Group.
In 1982, Sumitomo reported an energy conservation program.
Emblem
The diamond-shaped igeta mark is reminiscent of a type of frame placed over a well in premodern Japan and was the logo of Riemon Soga's Izumiya company.
| Information Technology
|-
| Sumitomo Bakelite Co., Ltd.
| Chemicals
|-
| Sumitomo Chemical*
| Chemicals
|-
| Sumitomo Corporation*
| Integrated trading
|-
| Sumitomo Electric Bordnetze
| Auto parts suppliers
|-
| Sumitomo Electric Industries, Ltd.*
| Electronics and electric products
|-
| Sumitomo Forestry Co., Ltd.
| Lumber and housing
|-
| Sumitomo Heavy Industries*
| Machinery, weaponry, and shipbuilding
|-
| Sumitomo Life
| Insurance
|-
| Nippon Steel*
| Steel
|-
| Sumitomo Metal Mining Co., Ltd.*
| Non-ferrous metal
|-
|Sumitomo Mitsui Financial Group*
| Finance
|-
| Sumitomo Mitsui Construction
| Construction
|-
| Sumitomo Mitsui Trust Holdings*
| Finance
|-
| Sumitomo Osaka Cement*
| Cement
|-
| Sumitomo Precision Products
| Precision machinery
|-
|Sumitomo Realty & Development*
| Real estate
|-
| Sumitomo Riko
| Rubber materials for vehicles, printers and constructions
|-
| Sumitomo Rubber Industries
| Tires and rubber products
|-
| The Sumitomo Warehouse Co., Ltd.
| Warehousing
|}
<nowiki>*</nowiki> Nikkei 225 constituent company.
References
External links
- Sumitomo Group Public Affairs Committee
- Company profile and the origins of Sumitomo Official Sumitomo Site
- Sumitomo Corporation website: historical information