Sumitomo Corporation operates in the Telephone communications, exc. radio sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sumitomo with three other
telecommunications providers in Asia:
NetLink NBN Trust
sales of 370.19 million Singapore Dollars [US$272.60 million]
of which 100%
Tata Communications Ltd.
(170.68 billion Indian Rupees [US$2.32 billion]
of which 77%
was Data and Managed Services), and
Arteria Networks Corp
(51.49 billion Japanese Yen [US$493.31 million]
of which 40%
was Internet service).
Sumitomo reported sales of ¥5.30 trillion (US$50.77 billion)
March of 2020.
decrease of 0.7%
versus 2019, when the company's sales were ¥5.34 trillion.
Contributing to the drop in overall sales was the 11.6% decline
in Metal Products, from ¥1.40 trillion to ¥1.23 trillion.
There were also decreases in sales in
Corporate and Eliminations (down 10.9% to ¥196.08 billion)
However, these declines were partially offset by the increase in sales of
Chemical and Resources (up 1.3% to ¥1.13 trillion)
Life/real Estate (up 3.9% to ¥1.02 trillion)
Transportantion and Construction Systems (up 6.4% to ¥790.89 billion)
Infrastructure (up 3.5% to ¥537.02 billion)
Digital Media (up 7.7% to ¥388.74 billion)