Japanese 3 big company groups: #3 Sumitomo group

In 1694, Mr. Tomoyoshi Sumitomo, 4th generation of Sumitomo family, developed copper mine and this was the origin of Sumitomo family conglomerate. After the World War II, Sumitomo group was highly developed mainly in the banking services. Its group is now 2nd company group in Japan. “Hakusuikai” is the presidents group of Sumitomo group and 17 companies are joining in the group- marked with “*”.

3 major companies are as follows (new version)

  1. SUMITOMO CORPORATION*
  2. Sumitomo Electric Industries, Ltd.*
  3. Nippon Electric Company, Limited”

In the past, Sumitomo Mitsui Banking Corporation and Sumitomo Chemical Co., Ltd. were in the 3 major companies with NIPPON STEEL and SUMITOMO METAL CORPORATION, but after NIPPON STEEL and SUMITOMO METAL CORPORATION was out from the group, the above one are called new “3 major companies in Sumitomo Group”

In financial services, 6 companies are joining;

  1. Mitsui Sumitomo Insurance Company, Limited*
  2. SUMITOMO LIFE INSURANCE COMPANY*
  3. Sumitomo Mitsui Trust Bank, Limited*
  4. SMBC FRIEND SECURITIES CO.,LTD.
  5. Sumitomo Mitsui Card Company, Limited
  6. Sumitomo Mitsui Finance and Leasing Company, Limited

In metal, 3 companies are joining;

  1. SUMITOMO METAL MINING CO.,LTD.*
  2. Sumitomo Electric Industries, Ltd.*
  3. Sumitomo Wiring Systems, Ltd.

In Chemical field, 3 companies are joining;

  1. Sumitomo Seika Chemicals Company Limited
  2. Sumitomo Dainippon Pharma Co., Ltd.
  3. Sumitomo Bakelite Co., Ltd.*

In Meterials 4 companies are joining;

  1. Sumitomo Osaka Cement Co.,Ltd.*
  2. Nippon Sheet Glass Co. Ltd.*
  3. Sumitomo Rubber Industries, Ltd.
  4. Sumitomo Riko Company Limited

In construction and real estate, 5 companies are joining;

  1. Sumitomo Mitsui Construction Co., Ltd.*
  2. Sumitomo Forestry Co., Ltd.*
  3. Sumitomo Realty & Development Co.,LTD.*
  4. SUMITOMO WAREHOUSE Co., Ltd.*
  5. SUMITOMO DENSETSU CO., Ltd.

In distribution, services, others, 4 companies are joining;

  1. SUMITOMO CORPORATION*
  2. SCSK Corporation
  3. Sumitomo Mitsui Auto Service Company, Limited
  4. The Japan Research Institute, Limited
02 Japanese 3 big company groups and the other major companies