• N/A
    Market Cap
  • 58.49%
    1-Year Change
  • Conglomerates
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 26
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Some of Berkshire's Newest Bets Aren't American. Greg Abel Bought 3 Japanese Trading Houses Last Quarter.

Under new CEO Greg Abel, Berkshire Hathaway has increased its stakes in three Japanese trading houses—Mitsubishi, Sumitomo, and Marubeni—during Q2 2026. Berkshire's combined five trading house positions, worth $35.4 billion (up from $23.5 billion a year prior), generate $862 million in annual dividends and are funded with cheap yen-denominated debt at 1.2% interest, creating an attractive 5.6% yield on original cost.

07/18/2026, 12:19 AMThe Motley Fool

Warren Buffett's Successor, Greg Abel, Scooped Up Shares of These 4 Powerhouse Stocks in the Second Quarter

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, purchased shares of four major stocks in Q2 2026: Alphabet (via a $10 billion private placement for AI data center expansion), and three Japanese trading houses—Mitsubishi, Marubeni, and Sumitomo. These purchases align with Buffett's investment philosophy, with the Japanese companies offering attractive valuations and strong capital-return programs.

07/16/2026, 5:06 AMThe Motley Fool

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 AMGlobeNewswire

Warren Buffett's Successor, Greg Abel, Made His First Big Purchases at Berkshire Hathaway -- and He's Not Betting on America

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 AMThe Motley Fool

Greg Abel Has 60% of Berkshire Hathaway's $320 Billion Stock Portfolio Invested in Just 9 Core Holdings

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 AMThe Motley Fool

Warren Buffett's Successor, Greg Abel, Now Has $46 Billion of Berkshire Hathaway's Capital Devoted to His Top Investment Idea

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 AMThe 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 AMBenzinga

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 PMThe Motley Fool

Southeast Asia Used Construction Equipment Market Research Report 2025-2030 - China is the Leading Investor in Manufacturing Hubs Like Vietnam and Thailand

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 AMGlobeNewswire

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 AMBenzinga

Peers

Statistics

More
Day Range
$10.31
$10.53
$10.52
1-Year Range
$9.35
$48.70
$10.52
Latest Close$10.52
Change
+$0.14 (+1.33%)
Volume373,126

Information as of 08/03/2026

Company Profile

SUMITOMO CORP S/ADR
N/A
Market Cap
N/A
Net Income
Sector: Industrials
Industry: Conglomerates

SUMITOMO CORP S/ADR

Key Executives

  • Hirokazu Higashino
  • Yasuhiro Yoshida
  • Yohei Tanaka
  • Tatsushi Tatsumi
  • Yoshiyuki Sakamoto

Current Ownership Distribution

  • Other4.8B (99.95%)
  • Mutual Funds2.2M (0.05%)
  • Institutions90,931 (0.002%)
  • Insiders0 (0.00%)