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Sumitomo Corporation (Japanese: 住友商事株式会社, Hepburn: Sumitomo Shōji kabushiki gaisha) is one of the largest worldwide sōgō shōsha general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group.
Sumitomo Corporation* Integrated trading: Sumitomo Electric Bordnetze: Auto parts suppliers Sumitomo Electric Industries, Ltd.* Electronics and electric products Sumitomo Forestry Co., Ltd. Lumber and housing: Sumitomo Heavy Industries* Machinery, weaponry, and shipbuilding Sumitomo Life: Insurance: Nippon Steel* Steel: Sumitomo Metal Mining Co ...
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In May 2005, the JFTC filed criminal charges with the Public Prosecutor’s Office for violations of the Antimonopoly Act against Sumitomo Heavy Industries and seven other companies for engaging in collusion in the bidding process for bridge construction projects commissioned by the former Japan Highway Public Corporation and the Ministry of ...
Sumitomo Mitsui Financial Group, Inc. (株式会社三井住友フィナンシャルグループ), initialed as SMFG until 2018 and SMBC Group since, is a major Japanese multinational financial services group and holding company. It is the parent of Sumitomo Mitsui Banking Corporation (SMBC), SMBC Trust Bank, and SMBC Nikko Securities.
Sumitomo Electric also continues to be the leading manufacturer of composite semiconductors (GaAs, GaN, InP), which are widely used in semiconductor lasers, LEDs, and mobile telecommunications devices. The company is one of the top three manufacturers in the world of optical fiber. Sumitomo Electric Industries is a part of the Sumitomo keiretsu.
SMBC has been an early adopter of AI in its banking operation. It is the first Japanese bank to use IBM Watson since 2014 to support operators at its call center. [8] AmiVoice, a voice recognition solution provided by SMBC, transforms inquiries into text on a real-time basis as a speech recognition system, while IBM Watson gives customers responses taken from service manuals and Q&As, thereby ...
The company's main offices and shipyard are located in Oshima, on Oshima island, Saikai City, Nagasaki Prefecture, close to the entrance to Sasebo bay. Because of the shipyard presence, Oshima is nicknamed "the town of shipbuilding', although the island has many natural features.