Sumitomo Corp

Investing strategies

Buffett bets US$6 billion on Japanese trading firms

Berkshire acquired the stakes of about 5% in Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co. and Sumitomo Corp. over the past twelve months.

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Yinson to the rescue

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Temasek invests $403.2 mil in electric scooter maker

(Sept 20): Gogoro, an electric scooter-maker backed by Panasonic, raised US$300 million ($403.2 million) from Singapore’s Temasek Holdings and other investors to pay for expansion and research and development.

Sumitomo Corp misses profit target and warns of uncertainty

TOKYO (May 9): Sumitomo Corp warned that its business outlook is becoming more uncertain, after missing its full-year profit target due to widening impairments on its resources investments.
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