Sumitomo Corp
BRIEF: For the fiscal year ended 31 March 2013, Sumitomo Corp revenues decreased 8% to Y3.016T. Net income decreased 7% to Y232.45B. Revenues reflect Goods Sales decrease of 5% to Y2.432T, Services decrease of 17% to Y583.89B. Net income also reflects Interest Income decrease of 4% to Y13.34B (income), Interest Expense increase of less than 1% to Y29.09B (expense). Dividend per share decreased from Y50.00 to Y46.00.
FY'04-'07 1Q & 3Qs' WAS & O/S are prior period number. All WAS are estimated. FY'03 & FY'02 RES are reported based on US GAAP. FY'03-04 Fincl.are restated based on US EITF rule. 3/04 sum Q = 12 months. FY'08 1Q&3Q's WAS & DWAS were estimated and WAS=O/S. FY'03 3Q WAS was taken from 2Q as the Company did not disclose WAS for 3Q.
SUMITOMO CORPORATION is a Japan-based trading company. Metal segment offers steel and nonferrous metal products. Transportation and Construction Equipment segment offers ships, aircrafts, rail transportation systems and construction equipment. Infrastructure segment involves power, water supply and sewerage and other infrastructure related businesses. Media and Life Style segment involves cable television, video content, information technology solution, communication and other businesses. Resources and Chemical segment offers coal, iron ore, nonferrous metal raw materials, liquid natural gas and other resources. Consumer Industry and Construction Real Estate segment offers foods, fertilizer, cement, wood, pulp and paper. New Industry and Function Promotion segment offers involves new energy and environment business, private equity investment, among others. The Company has a global network comprised of a large number of domestic and overseas subsidiaries and branch offices.
