Sumitomo Net Income 2024

Sumitomo Net Income

508.15 B JPY

Sumitomo Dividend yield

2.83 %

Ticker

8053.T

ISIN

JP3404600003

WKN

860364

In 2024, Sumitomo's profit amounted to 508.15 B JPY, a -10.05% increase from the 564.92 B JPY profit recorded in the previous year.

The Sumitomo Net Income history

YEARNET INCOME (undefined JPY)
2027e334.88
2026e524.3
2025e499.13
2024e508.15
2023564.92
2022463.48
2021-153.01
2020171.32
2019320.52
2018308.52
2017170.89
201674.55
2015-73.17
2014223.06
2013232.45
2012250.67
2011200.22
2010155.2
2009215.08
2008238.93
2007211
2006160.24
200585.07
200466.62

Sumitomo Aktienanalyse

What does Sumitomo do?

Sumitomo Corporation is one of the largest trading companies in Japan and is an important player on a global level. The company's history dates back to 1919 when Sumitomo Bank spun off its trading department and established the independent company Sumitomo Shoji Corporation. Since then, the company has continuously evolved and is now operating in more than 70 countries worldwide. Sumitomo Corporation's business model is based on the import and export of goods and services, as well as facilitating investments and financial services. The company operates a wide range of business fields and is involved in various industries such as energy, metals, chemicals, food, automotive, infrastructure, and residential properties. Subsidiaries of Sumitomo Corporation also offer specialized services such as financial services, legal advice, information technology, and logistics. Additionally, Sumitomo Corporation is also engaged in the development of technologies and products. One of Sumitomo Corporation's key business fields is the energy industry. The company is actively involved in oil and gas exploration and production and participates in numerous energy projects worldwide. Sumitomo Corporation also invests in renewable energies such as wind power and solar energy to sustainably meet the world's growing energy demand. In the metals and minerals industry, Sumitomo Corporation operates mining and processing facilities and is a significant supplier of raw materials such as copper, nickel, zinc, and aluminum. The company is also engaged in research and development of new materials and technologies. In the chemicals and plastics sector, Sumitomo Corporation is a major producer and distributor of chemicals and plastics worldwide. The company also specializes in plastics processing and manufactures products such as automotive and aircraft parts, electronic components, and packaging. In the food industry, Sumitomo Corporation is an important provider of food products such as animal products, seafood, rice, fruits, and vegetables. The company is also involved in food processing and distribution, aiming to ensure a safe and sustainable food supply for the world. Sumitomo Corporation is also active in the automotive sector, supplying parts and components for the automobile and motorcycle industry. The company is also involved in automotive financing and leasing. In the infrastructure industry, Sumitomo Corporation operates public facilities such as roads, bridges, airports, and ports. Additionally, the company is active in the telecommunications and IT industry, providing services such as network operation, system integration, and data storage. In summary, Sumitomo Corporation is a versatile trading company specializing in the management of raw materials, energy resources, and industrial goods. The company operates a wide range of business fields and acts as a facilitator of investments and financial services. Through its global presence and comprehensive business model, Sumitomo Corporation contributes significantly to the economic development of the world and sustainable living. Sumitomo ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Sumitomo's Profit Margins

The profit margins of Sumitomo represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Sumitomo's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Sumitomo's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Sumitomo's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Sumitomo’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Sumitomo Stock

How much profit has Sumitomo made this year?

Sumitomo has made 508.15 B JPY this year.

How has the profit developed compared to last year?

The profit has increased by -10.05% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Sumitomo publish its earnings?

Sumitomo publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Sumitomo?

The profits of Sumitomo are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Sumitomo?

You can learn more about the earnings of Sumitomo by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Sumitomo pay?

Over the past 12 months, Sumitomo paid a dividend of 120 JPY . This corresponds to a dividend yield of about 2.83 %. For the coming 12 months, Sumitomo is expected to pay a dividend of 130.95 JPY.

What is the dividend yield of Sumitomo?

The current dividend yield of Sumitomo is 2.83 %.

When does Sumitomo pay dividends?

Sumitomo pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Sumitomo?

Sumitomo paid dividends every year for the past 24 years.

What is the dividend of Sumitomo?

For the upcoming 12 months, dividends amounting to 130.95 JPY are expected. This corresponds to a dividend yield of 3.09 %.

In which sector is Sumitomo located?

Sumitomo is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Sumitomo kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sumitomo from 12/1/2024 amounting to 65 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Sumitomo pay the last dividend?

The last dividend was paid out on 12/1/2024.

What was the dividend of Sumitomo in the year 2023?

In the year 2023, Sumitomo distributed 122.5 JPY as dividends.

In which currency does Sumitomo pay out the dividend?

The dividends of Sumitomo are distributed in JPY.

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Andere Kennzahlen von Sumitomo

Our stock analysis for Sumitomo Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Sumitomo Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.