Sumitomo Corp

8053: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sumitomo Corp. Earnings: Switched Focus on Strategic Investments; Retain JPY 4,600 Valuation

Kazunori Ito

Nov 10, 2025

Sumitomo Corp. reported a net profit of JPY 301.2 billion for the first half, up from JPY 254 billion a year ago, mainly due to gains from selling Midas in the tire and marketing business in the US. The weakness of the mineral resources business has been offset by growth in nonmineral businesses.

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United States

Sumitomo Corp

Sumitomo Corp. Earnings: Switched Focus on Strategic Investments; Retain JPY 4,600 Valuation

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