#sumitomo — Public Fediverse posts

Japanese developers' enthusiasm for offshore wind in the U.K. should be replicated at home. https://www.japantimes.co.jp/commentary/2026/07/20/world/harvesting-japans-wind-power/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #uk #japaneseeconomy #sanaetakaichi #keirstarmer #mitsu #sumitomo #marubeni #mitsubishi #windpower #cleanenergy #climatechange #electricity

The energy trading arm of Sumitomo is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in the seaborne market for the fuel. https://www.japantimes.co.jp/business/2026/01/08/economy/sumitomo-lng-trading-desk-singapore/?utm_medium=Social&utm_source=mastodon #business #economy #pacificsummitenergy #sumitomo #lng #energy #singapore

Japan’s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond, constraining profits for at least the next six months. https://www.japantimes.co.jp/business/2025/11/06/companies/china-steel-exports-trading-houses/?utm_medium=Social&utm_source=mastodon #business #companies #china #steel #mitsubishi #sumitomo #marubeni #itochu

Trading house Sumitomo has announced a plan to make Tokyo-based major information technology service provider SCSK a wholly owned subsidiary through a takeover bid valued at about ¥882 billion. https://www.japantimes.co.jp/business/2025/10/30/companies/sumitomo-takeover-scsk/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomo #scsk #ai #acquisitions #shingoueno

An international research team led by the #Photonic #Network Laboratory at the National Institute of Information and Communications Technology (#NICT, President: TOKUDA Hideyuki Ph.D.), and including #Sumitomo Electric Industries, Ltd. (Sumitomo Electric, President: INOUE Osamu) have set a new world record in optical #fiber #communications, achieving data transmission at 1.02 petabits (or 125 terabytes) per second over a distance of 1,808 kilometers

https://www.nict.go.jp/en/press/2025/05/29-1.html

Prominent U.S. investor Warren Buffett said that his Berkshire Hathaway will keep holding shares in five major Japanese traders over the long-term. https://www.japantimes.co.jp/business/2025/05/04/companies/buffett-japanese-traders-investment/?utm_medium=Social&utm_source=mastodon #business #companies #mitsubishi #mitsuico #sumitomo #marubeni #itochu #warrenbuffett #berkshirehathaway #stocks

Sumitomo and SBI Holdings are to each acquire a 20% stake in a unit of Vietnam’s software and telecommunications conglomerate FPT to foster artificial intelligence adoption in Japan. https://www.japantimes.co.jp/business/2025/04/22/companies/sumitomo-sbi-stakes-vietnam/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomo #sbi #vietnam #fpt #ai #telecoms #software

Japanese trading houses, including Mitsubishi and Marubeni, rallied on Tuesday after Berkshire Hathaway’s plans to increase holdings were seen as a stamp of approval for the undervalued sector. https://www.japantimes.co.jp/business/2025/02/25/markets/buffett-japan-trading-firms-buy/?utm_medium=Social&utm_source=mastodon #business #markets #tradinghouses #mitsubishi #marubeni #mitsui #sumitomo #itochu #berkshirehathaway #stocks #investments

Berkshire Hathaway is looking to increase ownership in Japan’s five largest trading houses. https://www.japantimes.co.jp/business/2025/02/23/berkshire-japan-trading-houses/?utm_medium=Social&utm_source=mastodon #business #stocks #mitsubishi #marubeni #warrenbuffett #investments #berkshirehathaway #itochu #mitsui #sumitomo #tradinghouses

#Transport for #London (TfL) has announced GTS Rail Operations Limited as the new operator for the Elizabeth line. GTS, a joint venture of Go Ahead Group, #Tokyo Metro, and #Sumitomo Corporation, will take over from #MTR Corporation (Crossrail) Limited in May 2025. The contract is for seven years, with an option to extend for up to two additional years.
https://tfl-newsroom.prgloo.com/news/gts-rail-operations-limited-announced-as-new-operator-for-the-elizabeth-line

New campaigns by shareholder activists reached record levels globally in the first six months of the year, driven by a growing activism in Japan, data from Lazard show. https://www.japantimes.co.jp/business/2024/07/02/companies/japan-investor-activism/ #business #companies #investments #elliottinvestmentmanagement #sumitomo #softbank

Trading firm Sumitomo Corp. sees opportunities in U.S. shale oil and natural gas despite exiting production there three years ago. https://www.japantimes.co.jp/business/2024/07/01/companies/sumitomo-shale-oil/ #business #companies #sumitomo #tradinghouses #oil #gas #energy

Sumitomo aims to install 500 megawatts or more of battery storage in Japan by March 2031 to help mitigate renewable energy fluctuations and improve the efficiency of the energy system. https://www.japantimes.co.jp/business/2024/06/05/companies/sumitomo-battery-storage/ #business #companies #energy #sumitomo

Trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an effort to boost shareholder returns. https://www.japantimes.co.jp/business/2024/05/02/sumitomo-midterm/ #business #sumitomo

Elliott Management buying up a sizable stake in Sumitomo is the latest in a string of Japanese deals for the firm, and reflects the growing influence of activist investors in the country. https://www.japantimes.co.jp/business/2024/04/30/companies/japan-shareholder-activism/ #business #companies #elliottmanagement #investments #sumitomo #stocks #acquisitions

Billionaire investor Warren Buffett's Berkshire Hathaway has raised its stake in Japan's top five trading firms to around 9%. https://www.japantimes.co.jp/business/2024/02/25/buffett-japanese-trading-houses/ #business #warrenbuffett #berkshirehathaway #mitsubishi #itochu #mitsuico #sumitomo #marubeni

Japan’s trading companies are taking steps to try and mitigate an impact if Buffett ever decides to sell. https://www.japantimes.co.jp/business/2024/01/30/companies/buffett-japan-trading-firms-investment/?utm_content=bufferea949&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #companies #warrenbuffett #investments #tradinghouses #mitsui #sumitomo #mitsubishi #itochu #marubeni

Japanese firms have decided to drop their plans to get involved in a high-speed rail project connecting Kuala Lumpur and Singapore. https://www.japantimes.co.jp/news/2024/01/11/japan/japan-firms-opt-out-rail-malaysia-singapore/?utm_content=bufferae5fe&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #japan #shinkansen #jreast #sumitomo #malaysiajapanrelations #singaporejapanrelations

LNG Japan has inked a deal worth around ¥126 billion for a stake in a giant natural gas project off Australia, in a new step to secure supply of a fossil fuel Japan expects will retain a key role in its energy mix. https://www.japantimes.co.jp/business/2023/08/09/lng-japan-australia-gas-sumitomo-sojitz/?utm_content=buffer48b6f&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #business #lng #gas #australia #sumitomo #sojitz

JAL will soon offer clothes for rent to passengers visiting Japan, with each set of clothing costing ¥4,000 to ¥7,000 and garments made available in three sizes: small, medium and large. https://www.japantimes.co.jp/news/2023/07/05/business/jal-sumitomo-rental-clothing/?utm_content=buffer3cd71&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #airlines #jal #tourism #clothing #sumitomo #tradinghouses

Warren Buffett was in Tokyo last month, and Japan's titans of energy and raw-materials were there to make their pitches. https://www.japantimes.co.jp/news/2023/05/02/business/corporate-business/warren-buffett-big-japan-bet/?utm_content=buffer53a3c&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #corporate #mitsubishi #marubeni #warrenbuffett #investments #itochu #mitsui #sumitomo #tradinghouses

Next was an insightful discussion between Masayuki Hyodo and David Weinstein on #Sumitomo corporation, #business #ethics, and #sustainability at #Columbia's #CJEB. While this talk is less academic than the others, it does give perspective on how financial institutions can think about different stakeholders and their global responsibility. Highly recommend https://www.youtube.com/watch?v=lU4kM8mIPIs (10/11) #esg

Zymergen raised $300 million because synthetic biology is so hot right now - Zymergen, one of the companies that’s developing biomanufacturing technologies which could reshape ... - http://feedproxy.google.com/~r/Techcrunch/~3/Z35gLH8usBY/ #bailliegifford #biotechnology #manufacturing #lifesciences #joshhoffman #techcrunch #articles #sumitomo #zymergen #ceo #tc

Moon lander startup ispace raises $28 million and launches a new lunar data platform - ispace, one of the startups working on putting a private lunar lander on the Moon sometime in the n... - http://feedproxy.google.com/~r/Techcrunch/~3/0q49PNIFZdQ/ #astrobotictechnology #googlelunarxprize #incubatefund #lunarlander #spaceflight #outerspace #aerospace #sumitomo #science #ispace #mitsui #toyota #space #moon #tc