SSUMF News and Press, Sumitomo Corp.

2024-05-09 03:59:29 ET Summary Sumitomo Corporation's headline earnings for FY 2023 were -23% below expectations, and this bottom-line miss is largely attributed to impairments. The company aims to achieve a ROE of 12% in FY 2026, which is reflected in its P/B valuation metric bas...

2024-05-04 16:16:03 ET Berkshire Hathaway ( NYSE: BRK.A )( NYSE: BRK.B ) chairman and top boss Warren Buffett on Saturday said he felt "extremely good" about the conglomerate's stake in Japan's five leading trading companies, but added that further investments in other count...

2024-04-28 08:38:12 ET More on Sumitomo Corporation Sumitomo Corporation: Fair Valuation Given Performance And Quality Of Peers Historical earnings data for Sumitomo Corporation Dividend scorecard for Sumitomo Corporation Financial information for Sumitomo Co...

2024-04-18 10:48:27 ET More on Rio Tinto Rio Tinto: The Pullback In Iron Ore Prices Creates A Buying Opportunity Rio Tinto: We're Looking For An Exit Due To China Concerns Rio Tinto: Improved Conditions Can Augur Well Read the full article on Seeking Alpha ...

2024-02-24 09:15:36 ET More on Berkshire Hathaway Inc. Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q4 2023 Update Buffett's Berkshire Hathaway: Taking A Close Look At Fair Value Warren Buffett's Berkshire Hathaway Keeps Scoring Big Berkshire Hath...

2024-02-20 20:39:34 ET Summary Sumitomo’s revenue has grown well during the last decade, as its diversified business model has incrementally improved over time through corporate development. The company is heavily weighted toward commodities, making it susceptible to volati...

2024-02-19 11:04:55 ET Summary Mitsui is positioned as a Berkshire-esque holding company, with investments across hundreds of industries where it is benefiting from growth tailwinds, such as clean energy. Management is increasingly investing in growth companies while disposing off...

2023-12-19 17:19:35 ET Summary With stocks skyrocketing 16% in 7 weeks on perennial Fed pivot hopes, a patient approach is likely the correct course of action. You don't have to chase stocks at sky-high P/E ratios. A market that is capable of going up 20% on air can also do the sa...

2023-12-15 02:38:31 ET Summary SSUMF's FY 2025 net profit target of JPY600 billion is equivalent to a three-year earnings CAGR of just +2%. Sumitomo Corporation will require more time to execute on its portfolio restructuring plans, as some of its businesses are still generating b...

2023-12-04 18:46:28 ET More on Evolution Mining Evolution Mining Q1 2024 Earnings Call Transcript Evolution Mining: Ernest Henry Continues To Grow Financial information for Evolution Mining For further details see: Evolution Mining to buy 80% stake in Aus...