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July 09, 2025
 

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SUMITOMO

The office building housing the headquarters of Berkshire Hathaway in Omaha, Nebraska, on Saturday.
BUSINESS / Companies
May 4, 2025
Buffett vows long-term investment in Japanese traders
At an annual shareholders meeting of Berkshire held in Omaha, Nebraska, the same day, Buffett gave high marks to the five traders again.
Sumitomo and SBI Holdings will invest in FPT Smart Cloud Japan, which oversees FPT’s Japan AI data center.
BUSINESS / Companies
Apr 22, 2025
Sumitomo and SBI Holdings to take stakes in Vietnam’s FPT AI unit
FPT is setting up a Japan AI data center, with an initial investment of $200 million.
Warren Buffett's plans to increase holdings in Japanese trading houses are seen as a stamp of approval for the undervalued sector.
BUSINESS / Markets
Feb 25, 2025
Buffett’s fervor for Japan trading firms sparks share rally
Buffett praised Japan’s trading firms for increasing dividends when appropriate and for being less aggressive in their executive pay than U.S. counterparts.
Warren Buffett, chairman of Berkshire Hathaway Inc., says he is looking to increase ownership in Japan’s five largest trading houses.
BUSINESS
Feb 23, 2025
Berkshire set to gradually raise stakes in Japan trading houses
The shares of the five — Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni — have benefited over the longer term from Buffett’s interest.
Elliott Investment Management's sizable stake in Sumitomo reflects a growing shareholder activism in Japan.
BUSINESS / Companies
Jul 2, 2024
Activist investor campaigns hit record high, driven by Japan
The number of new activists campaigns totaled 147, up 7% from 138 in the same period in 2023 and 29% above the five-year average.
Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024
Sumitomo looks to tap U.S. shale boom despite exiting production
The company will seek to boost sales of pipelines used in U.S. shale fields.
Sumitomo says it is aiming to install 500 megawatts or more of battery storage in Japan by March 2031.
BUSINESS / Companies
Jun 5, 2024
Sumitomo aims to install 500 MW of battery storage in Japan by 2031
The initiative is part of the trading house's broader efforts to bolster its energy transformation business.
Sumitomo headquarters in Tokyo on Tuesday
BUSINESS
May 2, 2024
Sumitomo to bolster shareholder returns in new midterm plan
Sumitomo will allocate ¥700 billion ($4.5 billion) of returns over the next three years, with a goal of total shareholder return ratio of 40%.
Activist investor campaigns are becoming more commonplace in Japan as the government and the Tokyo Stock Exchange encourage companies to boost shareholder returns.
BUSINESS / Companies
Apr 30, 2024
Elliott Management's Sumitomo stake reflects growing activism in Japan
Elliott has built a large holding in Sumitomo after investing several tens of billions of yen in the trading house backed by Warren Buffett.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
Warren Buffett's Berkshire Hathaway is one of the largest shareholders in all five of Japan's biggest trading companies.
BUSINESS / Companies
Jan 30, 2024
Buffett reversal risk pushes Japan firms to diversify investors
Berkshire is one of the largest shareholders in all five of Japan’s biggest trading companies.
LNG Japan, a joint venture owned by Sumitomo and Sojitz, have inked a deal for a stake in a giant natural gas project off Australia.
BUSINESS
Aug 9, 2023
LNG Japan inks ¥126 billion deal to join Australian gas project
The move will secure supply of a fossil fuel Japan expects will retain a key role in its energy mix.
Japan Times
BUSINESS
Jul 5, 2023
JAL to rent clothes to passengers for vacations and business trips
Rental of each set of clothing will cost ¥4,000 to ¥7,000 and garments will be made available in three sizes: small, medium and large.
Japan Times
BUSINESS / Companies
May 2, 2023
The inside story of Buffett’s big Japan bet, over glasses of Coke at Four Seasons
The billionaire investor's visit is seen as an important vote of confidence in Japan’s big five traders as they pivot away from fossil fuels.
Japan Times
BUSINESS
Feb 22, 2023
Sole U.S. rare earth producer will ship to Japan in new deal that skips China
Output from the Mountain Pass mine in California has typically gone to China for processing, with Japanese companies purchasing from there.
Japan Times
BUSINESS / Companies
Feb 2, 2023
Major Japan trading house eases rules on side jobs to retain new generation
Trading houses hold an outsized influence in Japan due to their diversified business interests, and are favorites among university graduates due to their high salaries and job security.
Japan Times
BUSINESS
Jan 29, 2022
Activists demand stop to Japan-funded coal plant in climate-vulnerable Bangladesh
Climate campaigners said the project contradicts Japan's commitment, made with other wealthy G7 nations last May, to end funding for 'unabated' coal power overseas by the end of 2021.
Japan Times
ASIA PACIFIC
May 19, 2021
How Myanmar's military moved in on the telecoms sector to spy on citizens
Intercept spyware gives the military the power to listen in on calls, view text messages and web traffic, and track the locations of users without the assistance of telecom firms.
Japan Times
BUSINESS / Markets
Oct 13, 2020
Buffett-led share price boom short-lived for most Japan trading firms
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.
Japan Times
BUSINESS / Companies
Aug 31, 2020
Berkshire Hathaway takes stakes topping $6 billion in Japan's top five trading companies
Shares in the trading houses leaped on news of the foray, one of billionaire Warren Buffett's biggest in Asia's second-largest economy.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
China’s housing crisis is worse than it seems
Residential buildings under construction in Shanghai in July 2022. The Chinese government risks long-term decline by repeating Japan’s policy mistakes in handling its real estate and demographic crises.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Scams involving police impersonation surge
A video by the National Police Agency warns about fake scams.
Lawson to let visitors use larger parking lots as paid car campsites
A Lawson convenience store in Yachiyo, Chiba Prefecture. A new service from the company comes amid the rise in inbound tourists, making hotels and inns harder to book and more expensive.
The future is bright inside the visionary mind of architect Sou Fujimoto
The exhibition of Fujimoto’s architecture surveys his career to date, as well as looks ahead as shown in his proposal of a future floating city designed in collaboration with data scientist Hiroaki Miyata.

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