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- N/AMarket Cap
- 67.40%1-Year Change
- ConglomeratesIndustry
Sumitomo Sp.ADR (SSUMY)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 92
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
MEXC Lists Pharos (PROS) in Innovation Zone with 41,667 PROS and 10,000 USDT Airdrop+ Rewards
MEXC cryptocurrency exchange has listed Pharos (PROS), a Layer 1 blockchain designed for RealFi, on April 28, 2026. The listing includes an Airdrop+ event offering 41,667 PROS and 10,000 USDT in rewards. Pharos has raised approximately $52 million and features institutional-grade compliance at the protocol level, backed by investors including Sumitomo and Hack VC.
04/28/2026, 6:00 AM • GlobeNewswire
Greg Abel, who took over as CEO of Berkshire Hathaway on January 1, 2026, has made his first major investments in Japanese stocks rather than U.S. equities. With the S&P 500 at its second-highest valuation in 155 years, Abel invested over $43 billion in Japanese trading houses (Itochu, Marubeni, Sumitomo, Mitsubishi, and Mitsui) and insurer Tokio Marine, citing their attractive valuations and shareholder-friendly capital return programs.
04/23/2026, 4:06 AM • The Motley Fool
Greg Abel, Berkshire Hathaway's new CEO, has outlined nine core positions that account for roughly 60% of the company's $320 billion stock portfolio. These holdings include Apple, American Express, Coca-Cola, Moody's, and five Japanese trading houses. While most positions trade at fair value, some like Itochu and Sumitomo appear undervalued, suggesting Abel's strategy focuses on establishing anchor positions rather than aggressive trading.
04/12/2026, 1:05 AM • The Motley Fool
Greg Abel, who took over as CEO of Berkshire Hathaway on December 31, 2025, has allocated approximately $46 billion (nearly 15% of the company's $316 billion investment portfolio) to Japanese companies, primarily the five major trading houses (sogo shosha) and Tokio Marine insurance. Abel's strategy focuses on finding value in Japanese stocks that trade at high single-digit to low double-digit P/E ratios, offer robust capital-return programs, and have modest executive compensation—traits that contrast with the historically expensive U.S. stock market.
04/09/2026, 5:06 AM • The Motley Fool
Halliburton Buys Sekal To Turbocharge Drilling Automation
Halliburton announced the acquisition of Sekal AS, a digital drilling automation firm owned by Sumitomo Corporation, to expand its automation capabilities and integrate drilling technologies. The deal aims to reduce well delivery times by up to 25%. Despite the strategic acquisition, Halliburton shares fell 2.06% on Wednesday, though the stock maintains bullish technical momentum with a Buy rating and average price target of $36.13.
04/01/2026, 11:19 AM • Benzinga
Greg Abel Has Over 60% of Berkshire Hathaway's Stock Portfolio Invested in 9 Forever Stocks
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, identified nine core holdings that represent over 60% of the company's stock portfolio and plans to hold them indefinitely. These include Apple, American Express, Coca-Cola, Moody's, and five Japanese trading houses (Mitsubishi, Mitsui, Itochu, Sumitomo, and Marubeni). Abel expects limited trading activity in these positions going forward.
03/11/2026, 7:05 PM • The Motley Fool
The Southeast Asia used construction equipment market is projected to grow from 73,464 units in 2024 to 86,517 units by 2030 at a CAGR of 2.76%. Growth is driven by infrastructure investments in Indonesia, Vietnam, and the Philippines, along with increased mining activities for battery materials. China leads manufacturing investments in the region, while rising imports of affordable Chinese used equipment reshape procurement patterns. However, growth is tempered by the expansion of equipment rental markets and stricter import regulations.
02/17/2026, 4:45 AM • GlobeNewswire
Air Lease Agrees To $7.4 Billion Takeover By Sumitomo-Backed Consortium, Stock Soars
Air Lease will be acquired by a Dublin-based holding company backed by Sumitomo, SMBC Aviation Capital, Apollo Global Management, and Brookfield for $65 per share, representing a 31% premium over its 12-month average price.
09/02/2025, 8:43 AM • Benzinga
Peers
Statistics
MoreInformation as of 06/03/2026
Company Profile
SUMITOMO CORP S/ADR
Key Executives
- Hirokazu Higashino
- Yohei Tanaka
- Reiji Morooka
- Aki Tomita
- Yasuhiro Yoshida
Current Ownership Distribution
- Other1.2B (99.83%)
- Mutual Funds1.9M (0.16%)
- Institutions90,931 (0.008%)
- Insiders0 (0.00%)