Sumitomo Corporation

Sumitomo Corporation (Sumitomo) is a Japanese integrated trading and investment company. Its ten business groups are Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Communication Services, Digital AI, Lifestyle Business, Mineral Resources, Chemical Solutions and Energy Transformation Business. It owns all of the IT services company SCSK, and in 2026 it bought Sumisho Air Lease, which made its aircraft leasing business the second largest in the world.

Revenues were ¥3,918.6 billion and profit attributable to owners of the parent was ¥347.9 billion in the six months to September 30, 2026. The shares trade on the Tokyo Stock Exchange (8053). American depositary receipts trade over the counter as SSUMY.

One ADR represents one share, and Citibank is the depositary. The head office is in Tokyo. Shingo Ueno is President and Chief Executive Officer.

The market values Sumitomo close to the AI estimate, as a group of many businesses whose profit depends partly on commodity prices and on a weak yen. In the six months to September 2026, high copper and coal prices and a weak yen helped profit. Investors doubt that a return on equity of about 14% lasts when these prices fall. For the shares to earn more, three things must be true.

Profit from businesses without commodity risk, such as SCSK, aircraft leasing and construction equipment, must keep growing. Sumitomo must keep selling weak assets, as it did with the nickel business in Madagascar, without large losses. And it must pay at least 40% of profit to shareholders while net debt falls back to about 0.6 times equity. The Q3 report, expected in early February 2027, and the results for the fiscal year to March 2027 with a new medium-term plan, expected in early May 2027, are the next tests.

AI estimate, checked by Kevin. How it is made

1. Nov 2, 2026Passed

   Results for the six months to September 2026Profit progress of about half of the annual forecast or more passes; a cut in the forecast fails.Outcome: Profit rose 15.5% to ¥347.9 billion, and Sumitomo raised its annual forecast to ¥670.0 billion.
2. Feb 2, 2027 · est.Pending

   Results for the nine months to December 2026Profit on track for the ¥670.0 billion forecast passes; a lower forecast fails.
3. May 2027 · est.Pending

   Results for the fiscal year to March 2027 and the new medium-term planProfit of ¥670.0 billion or more and a plan with growth in businesses without commodity risk pass; lower profit or a lower dividend fails.

Every passed and failed checkpoint across all picks

• November 2, 2026Sumitomo reported results for the six months to September 30, 2026. Profit attributable to owners of the parent rose 15.5% to ¥347.9 billion. Sumitomo raised its forecast for the fiscal year to March 2027 to ¥670.0 billion from ¥630.0 billion, and its dividend forecast to ¥44 per share from ¥40. It expects a return on equity of about 14%.
• November 2, 2026In the same report, Sumitomo said that it completed the purchase of Sumisho Air Lease, an investment of about ¥330 billion, and that it sold its nickel mining and refining business in Madagascar. The sale gave a loss of ¥73.0 billion before a tax benefit of ¥72.0 billion.
• September 3, 2026Sumitomo completed the share repurchase of ¥80.0 billion that it announced on May 1, 2026.

• Mineral Resources profit depends on the prices of copper, coal, iron ore and manganese. High prices helped results in 2026, and a fall would lower profit.
• Profit from overseas businesses is converted into yen. A stronger yen lowers profit, and it lowered equity by about ¥100 billion in the six months to September 2026.
• Net interest-bearing liabilities rose to ¥3,855.6 billion after the purchases of SCSK shares and Sumisho Air Lease. Higher interest rates raise the cost of this debt.
• Sumitomo sells and buys many businesses. Sales can cause losses, such as the Madagascar nickel sale, and impairments, such as at the South African iron ore business in 2026.
• The conflict in the Middle East and disruptions in the Strait of Hormuz raise energy costs and can slow the world economy and trade.

Sumitomo funds its business with bonds, bank loans and cash flow. At September 30, 2026, bonds and borrowings were ¥4,492.8 billion, without lease liabilities. Read more

The dividend data after March 31, 2025 is missing.

Latest ex-dividend date

March 31, 2025, $0.11 per share

Dividends per share by year

Source: company filings and market data, read on November 10, 2026. The ex-dividend date is the first day a buyer no longer gets the next payment.