Sumitomo Corporation of America is a universal trading company operating in North America . In addition to trading, it deals with distribution, project management, supply chains, technology transfer, and many others [2] . Included in Sumitomo keiretsu .
| Sumitomo Corporation of America | |
|---|---|
| Type of | Public company |
| Base | 1952 |
| Former names | Sumitomo Shoji America, Inc. |
| Location |  New York , USA |
| Key figures | Takashi Kano (President and CEO) |
| Industry | wholesale |
| Turnover | ▲ $ 6.440 billion ( 2010 ) |
| Net profit | ▲ $ 0.185 billion ( 2010 ) [1] |
| Parent company | Sumitomo Corporation |
| Affiliated companies | Cantex, Inc. SC Minerals America, Inc. |
| Auditor | KPMG |
| Site | www.sumitomocorp.com |
History
The company was founded in 1952 as a subsidiary of the Japanese sogos company Sumitomo Corporation called Sumitomo Shoji America, Inc. In 1978, the name was changed to the modern Sumitomo Corporation of America [3] .
Company Today
The company's business is concentrated in several main segments: distribution, technology transfer, project management, supply chain, trade and transport.
Notes
- ↑ Analytical report for 2010-2011 (inaccessible link) . The appeal date is March 5, 2012. Archived November 10, 2011.
- ↑ Sumitomo Corporation of America at www.hoovers.com
- Overview Company Overview of Sumitomo Corporation of America / Bloomberg Businessweek