Sumitomo Management

Management criteria checks 0/4

Sumitomo's CEO is Shingo Ueno, appointed in Apr 2024, has a tenure of less than a year. directly owns 0.006% of the company’s shares, worth $1.44M. The average tenure of the management team and the board of directors is 1.2 years and 2.1 years respectively.

Key information

Shingo Ueno

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.006%
Management average tenure	1.2yrs
Board average tenure	2.1yrs

Recent management updates

Recent updates

CEO

Shingo Ueno (65 yo)

less than a year

Tenure

Mr. Shingo Ueno served as Executive Vice President at Sumitomo Corporation since 2021 until 2023 and was its Head of Energy Innovation Initiative (Metal Products Business Unit and Mineral Resources, Energy...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shingo Ueno	President	less than a year	no data	0.0056% $ 1.4m
Toshikazu Nambu	Assistant to President & CEO	less than a year	no data	no data
Reiji Morooka	Senior Managing Executive Officer	2.8yrs	no data	0.0032% $ 833.8k
Tatsushi Tatsumi	Executive Officer and Chief Digital & Information Officer	1.8yrs	no data	no data
Yoshinori Takayama	Corporate Officer & GM of Investor Relations Dept.	no data	no data	no data
Aki Tomita	Executive Officer and Head of General Affairs & Legal	less than a year	no data	no data
Yoshiko Nakazawa	Executive Officer & Head of Human Resources	less than a year	no data	no data
Masahiko Yokohama	Executive Officer & Group CFO of Steel Group	less than a year	no data	no data
Yoshiyuki Sakamoto	Senior Managing Exe. Officer and GM of Mineral Resources	4.8yrs	no data	no data
Hirokazu Higashino	Senior Managing Executive Officer and GM of Asia & Oceania	1.6yrs	no data	0.0022% $ 559.3k
Takayuki Seishima	Executive VP & Director	less than a year	no data	0.0042% $ 1.1m
Kimihiko Sato	Mng. Exe. Off.	1.8yrs	no data	no data

1.2yrs

Average Tenure

63yo

Average Age

Experienced Management: SSUM.F's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Shingo Ueno	President	less than a year	no data	0.0056% $ 1.4m
Toshikazu Nambu	Assistant to President & CEO	less than a year	no data	no data
Reiji Morooka	Senior Managing Executive Officer	2.4yrs	no data	0.0032% $ 833.8k
Takayuki Seishima	Executive VP & Director	5.4yrs	no data	0.0042% $ 1.1m
Haruyasu Asakura	Independent Outside Director	less than a year	no data	no data
Takahisa Takahara	Independent Outside Director	1.4yrs	no data	no data
Daisuke Mikogami	Full-Time Senior Audit & Supervisory Board Member	1.8yrs	no data	0.0032% $ 823.6k
Nana Otsuki	Outside Director	less than a year	no data	no data
Akiko Ide	Independent Outside Director	4.4yrs	no data	no data
Takashi Mitachi	Independent Director	2.4yrs	no data	no data
Masayuki Hyodo	Chairman of the Board of Directors	6.4yrs	no data	0.011% $ 2.8m
Kazunari Sakata	Full-Time Audit & Supervisory Board Member	2.4yrs	no data	0.0012% $ 300.2k

2.1yrs

Average Tenure

64yo

Average Age

Experienced Board: SSUM.F's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

Sumitomo Management

Management criteria checks 0/4

Key information

Recent management updates

Sumitomo Corporation, Annual General Meeting, Jun 21, 2024

Sumitomo Corporation Announces Chief Executive Officer Changes, Effective on April 1, 2024

Sumitomo Corporation, Annual General Meeting, Jun 23, 2023

Sumitomo Corporation, Annual General Meeting, Jun 24, 2022

Sumitomo Corporation, Annual General Meeting, Jun 24, 2022

Recent updates

Green House Co., Ltd. and Sumitomo Corporation (TSE:8053) agreed to acquire 20% stake in Epicure Catering Co. Ltd.

BCJ-81 proposed to acquire remaining unknown majority stake in T-Gaia Corporation (TSE:3738) from a group of shareholders.

Sumitomo Corporation to Report Q2, 2025 Results on Oct 31, 2024

Sumitomo Corporation to Report Q1, 2025 Results on Jul 31, 2024

Sumitomo Corporation (TSE:8053) acquired Compumed Services Sdn. Bhd.

Sumitomo Corporation (TSE:8053) completed the acquisition of an unknown minority stake in EPSILON COMPOSITE SA.

Hankyu Corporation and Japan International Cooperation Agency agreed to acquire an unknown stake in Light Rail Manila Corporation from Sumitomo Corporation (TSE:8053).

Sumitomo Corporation, Annual General Meeting, Jun 21, 2024

Sumitomo Corporation to Report Fiscal Year 2024 Results on May 02, 2024

Sumitomo Corporation Announces Chief Executive Officer Changes, Effective on April 1, 2024

Sumitomo Corporation to Report Q3, 2024 Results on Feb 05, 2024

Sumitomo Corporation Provides Earnings Guidance for the Year Ending March 31, 2024

Sumitomo Corporation Revises Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2024

Sumitomo Corporation to Report Q2, 2024 Results on Nov 02, 2023

JBM Auto Top Contender for Controlling Stake in SML Isuzu

Sumitomo Corporation to Report Q1, 2024 Results on Aug 03, 2023

Mubadala, Others Reportedly Eye Stake in I Squared's India Gas Business

Sumitomo Corporation (TSE:8053) announces an Equity Buyback for 12,000,000 shares, representing 0.97% for ¥20,000 million.

Sumitomo Corporation, Annual General Meeting, Jun 23, 2023

Sumitomo Corporation (TSE:8053) announces an Equity Buyback for 33,000,000 shares, representing 2.64% for ¥50,000 million.

Sumitomo Corporation Provides Earnings Guidance for the Year Ending March 31, 2023

Sumitomo Corporation (TSE:8053) acquired unknown stake of Nileworks Inc. from INCJ, Ltd.

Sumitomo Corporation (TSE:8053) completed the acquisition of 56.158034% stake in Sumitomo Precision Products Co., Ltd. (TSE:6355) from the group of shareholders for ¥10.9 billion.

Sumitomo Corporation to Report Q3, 2023 Results on Feb 06, 2023

Sumitomo Corporation Provides Dividend Guidance for the Year Ending March 31, 2023

Sumitomo Corporation to Report Q2, 2023 Results on Nov 04, 2022

Sumitomo Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023

Newmont Second Capital Corporation completed the acquisition of remaining 5% stake in Minera Yanacocha S.R.L. from Sumitomo Corporation (TSE:8053).

Sumitomo Corporation to Report Q1, 2023 Results on Aug 03, 2022

Sumitomo Corporation, Annual General Meeting, Jun 24, 2022

Sumitomo Corporation, Annual General Meeting, Jun 24, 2022

Newmont Second Capital Corporation agreed to acquire remaining 5% stake in Minera Yanacocha S.R.L. from Sumitomo Corporation (TSE:8053) for $48 million.

South32 Limited (ASX:S32) completed the acquisition of 13.5% stake in Sierra Gorda S.C.M. from Sumitomo Corporation (TSE:8053).

Sumitomo Corporation Provides Year-End Dividend Guidance for the Full Year Ending March 31, 2022

ZERO Co., Ltd. (TSE:9028) agreed to acquire remaining 75% stake in Zero Scm Logistics (Beijing) Co., Ltd. from CITIC Industrial Investment Ningbo Co., Ltd., Mitsui O.S.K. Lines, Ltd. (TSE:9104) and Sumitomo Corporation (TSE:8053).

Chori Co., Ltd. (TSE:8014) completed the acquisition of Sumitex International Co., Ltd. from Sumitomo Corporation (TSE:8053)

Sumitomo Corporation Provides Consolidated Earnings Guidance for Fiscal Years 2022 and 2023

Sumitomo Corporation Revises Earnings Guidance for the Year Ending March 31, 2021

Deka-ImmobilienGlobal (DB:D3KA) managed by Deka Immobilien GmbH acquired Sumitomo Corporation (TSE:8053).

An unknown buyer acquired Eagle Ford Tight Oil Project in U.S. from Sumitomo Corporation (TSE:8053).

Sumitomo Corporation (TSE:8053) acquired Ever Asia.

Sumitomo Corporation to Report Q3, 2021 Results on Feb 04, 2021

Tech Mahindra Limited Executes Joint Venture Agreement with Sumitomo Corporation, Japan

KGHM Polska Miedz Says Sumitomo Plans To Sell 45% Stake In Sierra Gorda

Isuzu Motors Ltd. (TSE:7202) completed the acquisition of an additional 11% stake in SML ISUZU Ltd (BSE:505192) from Sumitomo Corporation (TSE:8053).

Cryopeak LNG Solutions Corporation Signs Memorandum of Understanding with Sumitomo Corporation in North America'sPacific Northwest Ports

Sumitomo Corporation (TSE:8053) completed the acquisition of ASAMA GIKEN CO., LTD. from Honda Motor Co., Ltd. (TSE:7267).

Sumitomo Corporation (TSE : 8053) & Sumitomo Corporation Europe Limited completed the acquisition of Yellow Line Parking Ltd.

Kubota Corporation (TSE:6326) agreed to acquire remaining 40% stake in Kubota Agricultural Machinery India Private Limited from Sumitomo Corporation (TSE:8053).

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age