# SUMITOMO CORPORATION: business model and financials

> Latest period: FY ending Mar 2026, consolidated, IFRS
> Unit: JPY millions
> Sources: 有価証券報告書－第158期(2025/04/01－2026/03/31) (S100YARD)
> Page: https://vizora.meequs.com/en/company/sumitomo
> Retrieved: 2026-09-30T18:42:43.788Z

## Company

Sumitomo Corporation, founded in 1919, is a company in General Trading Companies listed on TSE Prime. It has 82,488 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | SUMITOMO CORPORATION |
| Ticker | 8053 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8053.T) |
| Listing | TSE Prime |
| Head office | 東京都千代田区大手町二丁目3番2号 |
| Representative (per filing) | 代表取締役 社長執行役員 CEO 上野 真吾 |
| Founded | Dec 1919 |
| Share capital | ¥221.7B |
| Employees (consolidated) | 82,488 |
| Average salary (parent only) | ¥18.4M |
| Fiscal year end | March |
| Website | www.sumitomocorp.com (https://www.sumitomocorp.com/) |
| Corporate number | 1010001008692 |
| EDINET | E02528 |
| Industries (Vizora) | General Trading Companies |

> Profile source: annual securities report (S100YARD, filed 2026-06-12). As of filing

## Five-axis industry profile

Primary industry: General Trading Companies (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 50 | 7 |
| Efficiency | 7.1 | 7 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 20% of Sumitomo Corporation's sales come from Steel, with Chemical Solutions and Lifestyle Business making up much of the rest.
- Out of every ¥100 of sales, about ¥6 is left as operating profit.
- Revenue changed +0.6% from the prior year.

## Company structure

- Segment revenue mix: Steel 19.8%、Chemical Solutions 14.6%、Lifestyle Business 14.6%、Transportation and constructi 11.3%、Media and digital 10.8%
- Revenue → net income: ¥7337259000000 → ¥650281000000
- Net income → operating cash flow: ¥650281000000 → ¥813456000000（difference ¥163175000000）
- Main uses of operating cash flow: CapEx ¥105910000000 / dividends ¥162876000000 / buybacks —
- Change in cash: ¥434825000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥7.34T |  |
| Operating income | — | Margin — |
| Net income | ¥600.3B | Margin 8.2% |
| Free cash flow | ¥707.5B |  |
| Largest business | Steel | of segment revenue 19.8% |
| Employees (consolidated) | 82,488 |  |
| EPS | ¥499.09 |  |
| Diluted EPS | ¥498.66 |  |
| Book value per share | ¥1902.9 |  |
| Equity ratio | 33.9% | Derived from disclosed figures |
| Shares outstanding | 1,211,426,667 |  |
| Treasury shares | 18,766,100 |  |
| Shareholders | 244,782 |  |
| Average salary (parent only) | ¥18.4M | Filing company only |
| Cash ratio | 7.4% | Cash ÷ revenue 13.7% |
| ROE | 12.9% | Derived from disclosed figures |
| ROA | 4.8% | Derived from disclosed figures |

## Notable figures

- FY2026, parent-company salary changed +31% over five years

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥4645059000000 | ¥7337259000000 | +58.0% |
| Employees | 74,920 people | 82,488 people | +10.1% |
| Cash and equivalents | ¥599013000000 | ¥1005442000000 | +67.8% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 金属 → 事業再編・廃止 | 17.5% |
| 輸送機・建機 → 事業再編・廃止 | 15.1% |
| インフラ → 事業再編・廃止 | 7.7% |
| メディア・デジタル → 事業再編・廃止 | 8.8% |
| 生活・不動産 → 事業再編・廃止 | 24.1% |
| 資源・化学品 → 事業再編・廃止 | 26.8% |
| 新設・再編 → 鉄鋼 | 19.8% |
| 新設・再編 → 自動車 | 8.4% |
| 新設・再編 → 輸送機・建機 | 11.3% |
| 新設・再編 → 都市総合開発 | 6.6% |
| 新設・再編 → メディア・デジタル | 10.8% |
| 新設・再編 → ライフスタイル | 14.6% |
| 新設・再編 → 資源 | 4.4% |
| 新設・再編 → 化学品・エレクトロニクス・農業 | 14.6% |
| 新設・再編 → エネルギートランスフォーメーション | 9.5% |

Segment revenue source references: 15 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Steel | 2 years | -8.6% | ¥1454245000000 | — | 2 |
| Chemical Solutions | 2 years | +1.6% | ¥1075588000000 | — | 2 |
| Lifestyle Business | 2 years | +6.9% | ¥1073284000000 | — | 2 |
| Transportation and constructi | 4 years | -1.8% | ¥831811000000 | — | 2 |
| Media and digital | 4 years | +17.2% | ¥790947000000 | — | 2 |
| Energy Transformation Business | 2 years | +0.3% | ¥700003000000 | — | 2 |
| Automotive | 2 years | -3.9% | ¥616949000000 | — | 2 |
| Diverse Urban Development | 2 years | +12.9% | ¥487203000000 | — | 2 |
| Mineral Resources | 2 years | +11.2% | ¥324350000000 | — | 2 |

## Income statement（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 7,337,259 | 100.0% | S100YARD |
| Cost of revenue | 5,827,602 | 79.4% | S100YARD |
| Gross profit | 1,509,657 | 20.6% | S100YARD |
| SG&A | 1,111,394 | 15.1% | S100YARD |
| Pretax income | 701,998 | 9.6% | S100YARD |
| Income tax | 51,717 | 0.7% | S100YARD |
| Net income | 650,281 | 8.9% | S100YARD |
| Net income attributable to owners | 600,334 | 8.2% | S100YARD |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 79 |
| SG&A | 15 |
| Operating income | 6 |
| (Ref.) Net income | 8 |

### Margin funnel

Gross margin 20.6% → Net margin 8.2%
Derived from reported figures (DERIVED).

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 7,292,084 | 7,337,259 | 45,175 | +0.6% |
| Gross profit | 1,444,755 | 1,509,657 | 64,902 | +4.5% |
| Net income attributable to owners | 561,859 | 600,334 | 38,475 | +6.8% |
| Operating cash flow | 612,281 | 813,456 | 201,175 | +32.9% |
| Free cash flow | 509,482 | 707,546 | 198,064 | +38.9% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 5,299,814 | — | — | 171,359 | 326,618 | 249,683 | S100TOTW |
| FY ending Mar 2021 | 4,645,059 | — | — | -153,067 | 467,097 | 400,755 | S100VYV6 |
| FY ending Mar 2022 | 5,495,015 | — | — | 463,694 | 194,066 | 124,350 | S100YARD |
| FY ending Mar 2023 | 6,817,872 | — | — | 565,333 | 232,801 | 162,506 | S100YARD |
| FY ending Mar 2024 | 6,910,302 | — | — | 386,352 | 608,850 | 515,470 | S100YARD |
| FY ending Mar 2025 | 7,292,084 | — | — | 561,859 | 612,281 | 509,482 | S100YARD |
| FY ending Mar 2026 | 7,337,259 | — | — | 600,334 | 813,456 | 707,546 | S100YARD |

## People and productivity（FY ending Mar 2026, consolidated, IFRS）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥88.9M |
| Net income per employee (consolidated) | ¥7.3M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 74,253 | 78,235 | 79,692 | 83,327 | 82,488 |
| Average salary (parent company) | ¥14.1M | ¥16.1M | ¥17.6M | ¥17.4M | ¥18.4M |
| Average age (parent company) | 43.1 years | 43.2 years | 43.1 years | 43.2 years | 43.3 years |
| Average tenure (parent company) | 18.0 years | 18.0 years | 18.0 years | 18.0 years | 18.0 years |

Year over year: Employees (consolidated) -1.0% · Revenue (consolidated) +0.6%

## Segments（FY ending Mar 2026, consolidated, IFRS、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Steel | 1,454,245 | 19.8% | — | — |
| Automotive | 616,949 | 8.4% | — | — |
| Transportation and constructi | 831,811 | 11.3% | — | — |
| Diverse Urban Development | 487,203 | 6.6% | — | — |
| Media and digital | 790,947 | 10.8% | — | — |
| Lifestyle Business | 1,073,284 | 14.6% | — | — |
| Mineral Resources | 324,350 | 4.4% | — | — |
| Chemical Solutions | 1,075,588 | 14.6% | — | — |
| Energy Transformation Business | 700,003 | 9.5% | — | — |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share |
| --- | ---: |
| Steel | 19.8% |
| Automotive | 8.4% |
| Transportation and constructi | 11.3% |
| Diverse Urban Development | 6.6% |
| Media and digital | 10.8% |
| Lifestyle Business | 14.6% |
| Mineral Resources | 4.4% |
| Chemical Solutions | 14.6% |
| Energy Transformation Business | 9.5% |

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 813,456 | 11.1% | S100YARD |
| Capital expenditure | 105,910 | 1.4% | S100YARD |
| Free cash flow | 707,546 | 9.6% | 算出 |
| Investing cash flow | -155,892 | -2.1% | S100YARD |
| Financing cash flow | -252,531 | -3.4% | S100YARD |
| Dividends paid | 162,876 | 2.2% | S100YARD |
| Change in cash | 434,825 | 5.9% | S100YARD |
| Cash and equivalents | 1,005,442 | 13.7% | S100YARD |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 733,824 | 656,859 | 667,852 | 570,617 | 1,005,442 | S100TOTW, S100VYV6, S100YARD |
| Total assets | 9,582,166 | 10,105,380 | 11,032,583 | 11,631,161 | 13,638,338 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Net assets | 3,381,285 | 3,976,587 | 4,672,304 | 4,885,558 | 4,735,154 | S100TOTW, S100VYV6, S100YARD |
| Share capital | 219,894 | 220,047 | 220,423 | 221,023 | 221,651 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Property, plant and equipment | 1,023,733 | 1,046,316 | 1,152,019 | 1,232,605 | 1,273,340 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Goodwill | 105,510 | 115,694 | 141,783 | 321,541 | 346,609 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Current assets | 4,645,483 | 4,872,957 | 4,937,938 | 5,074,132 | 6,635,674 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Total liabilities | 6,200,881 | 6,128,793 | 6,360,279 | 6,745,603 | 8,903,184 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Equity attributable to owners of parent | 3,197,816 | 3,778,693 | 4,445,494 | 4,648,462 | 4,628,555 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Retained earnings | 2,269,661 | 2,706,557 | 2,898,056 | 3,297,698 | 3,236,057 | S100R1TH, S100TOTW, S100VYV6, S100YARD |
| Treasury stock | -1,871 | -39,563 | -2,733 | -4,289 | -84,115 | S100R1TH, S100TOTW, S100VYV6, S100YARD |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 7% | S100YARD |
| Property, plant and equipment | 9% | S100YARD |
| Intangibles and goodwill | 3% | — |
| Other assets | 81% | S100YARD |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 65% | S100YARD |
| Equity | 35% | S100YARD |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 9,582,166 | 10,105,380 | 11,032,583 | 11,631,161 | 13,638,338 |
| Equity | 3,381,285 | 3,976,587 | 4,672,304 | 4,885,558 | 4,735,154 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 733,824 | 656,859 | 667,852 | 570,617 | 1,005,442 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 17.4% | S100YARD |
| Fixed assets ÷ total assets | 9.3% | S100YARD |
| Goodwill ÷ parent equity | 7.5% | S100YARD |

Goodwill over 4 years: 105,510 → 346,609 JPY; total investing cash flow: -878,974 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 7.4% |
| Cash ÷ revenue | 13.7% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | — |
| Cash vs. profit gap | 213,122 JPY mn (of net income 35.5%) |
| Shareholder returns / net income | — |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 27.1% |
| Shareholder payments — dividends / FCF | 23.0% |
| CapEx intensity (capex ÷ revenue) | 1.4% |
| Investing CF relative to operating CF | 19.2% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 8.4% | 0.57× | 4.8% | 3.00× | 14.5% | S100R1TH, S100YARD |
| 2023 | 8.3% | 0.69× | 5.7% | 2.82× | 16.2% | S100TOTW, S100YARD |
| 2024 | 5.6% | 0.65× | 3.7% | 2.57× | 9.4% | S100VYV6, S100YARD |
| 2025 | 7.7% | 0.64× | 5.0% | 2.49× | 12.4% | S100YARD |
| 2026 | 8.2% | 0.58× | 4.8% | 2.72× | 12.9% | S100YARD |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行(信託口) | Major shareholder | 15.8% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505104(常任代理人 みずほ銀行決済営業部) | Major shareholder | 9.8% | 2026-03-31 |
| 日本カストディ銀行(信託口) | Major shareholder | 5.4% | 2026-03-31 |
| 住友生命保険 | Major shareholder | 2.6% | 2026-03-31 |
| CITIBANK, N.A. -NY, AS DEPOSITARY BANK FOR DEPOSITARY SHARE HOLDERS(常任代理人 シティバンク、エヌ・エイ東京支店) | Major shareholder | 1.8% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 みずほ銀行決済営業部) | Major shareholder | 1.7% | 2026-03-31 |
| JP MORGAN CHASE BANK 385642(常任代理人 みずほ銀行決済営業部) | Major shareholder | 1.6% | 2026-03-31 |
| JP MORGAN CHASE BANK 385781(常任代理人 みずほ銀行決済営業部) | Major shareholder | 1.2% | 2026-03-31 |
| THE CHASE MANHATTAN BANK, N. A. LONDONSECS LENDING OMNIBUS ACCOUNT(常任代理人 みずほ銀行決済営業部) | Major shareholder | 1.1% | 2026-03-31 |
| バークレイズ証券 | Major shareholder | 0.9% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for the year to March 2026 was ¥7.34T, up just 0.6% from ¥7.29T.
- Profit grew faster than sales: gross profit rose 4.5% to ¥1.51T and net income rose 6.8% to ¥600.3B.
- Cash generation improved sharply, with operating cash flow up 32.9% to ¥813.5B and free cash flow up 38.9% to ¥707.5B.

### Drivers

- SCSK brought Net One Systems into the group, lifting gross profit, though it also added to SG&A.
- Recognizing deferred tax assets on tax loss carryforwards lowered the tax bill and boosted net income.
- Car distribution earned less as competition grew in key markets, and equity-method income fell because last year's one-off gain in aircraft leasing did not repeat.

### Risks

- Fighting between the US, Israel, and Iran has disrupted shipping through the Strait of Hormuz, which could keep fuel and raw material supplies tight and prices high.
- Swings in metal and energy prices affect both its trading profits and its mining and gas interests.
- With heavy borrowing and many overseas operations, changes in interest rates and exchange rates can move its results.

Cited: Annual Securities Report, 158th fiscal year (Apr 2025 – Mar 2026) (経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析); Annual Securities Report, 158th fiscal year (Apr 2025 – Mar 2026) (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第158期(2025/04/01－2026/03/31) | S100YARD | 2026-06-12 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YARD,, |
| 有価証券報告書－第157期(2024/04/01－2025/03/31) | S100VYV6 | 2025-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VYV6,, |
| 有価証券報告書－第156期(2023/04/01－2024/03/31) | S100TOTW | 2024-06-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TOTW,, |
| 有価証券報告書－第155期(2022/04/01－2023/03/31) | S100R1TH | 2023-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R1TH,, |
| 有価証券報告書－第154期(令和3年4月1日－令和4年3月31日) | S100OE28 | 2022-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OE28,, |
| 有価証券報告書－第153期(令和2年4月1日－令和3年3月31日) | S100LJW1 | 2021-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LJW1,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).