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32 EUR
1
3.03%
Last update Apr 2, 8:05 AM CEST
Market closed
Day range
32
32
Previous close
33
Open
32
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Sumitomo Corporation Sponsored ADR
32.00
1
3.03%

Overview

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Description

Sumitomo Corporation Sponsored ADR represents shares of Sumitomo Corporation, a diversified trading and investment enterprise based in Tokyo, Japan. As a sponsored American Depositary Receipt (ADR), this asset allows U.S. investors to access shares of Sumitomo without the need for direct dealings in international markets. Sumitomo Corporation's primary function involves trading and investing across various sectors including metal products, transportation, construction systems, and real estate. Moreover, its involvement spans into industries like media, digital, and consumer goods. These activities highlight its role in global supply chain management and strategic investment operations. The ADR facilitates cross-border investment by providing easier access and denominating transactions in U.S. dollars, thus playing a vital role in bridging Sumitomo’s global operations with U.S. capital markets. This structure enhances international diversification opportunities for U.S. investors, reflecting Sumitomo's expansive reach and integration into global trade networks.

About

CEO
Mr. Shingo Ueno
Employees
Address
Otemachi Place East Tower
3-2 Otemachi 2-Chome Chiyoda-ku
Tokyo, 100-8601
Phone
81 3 6285 5000
Instrument type
American depositary receipt
Sector
Industrials
Industry
Conglomerates
Country
Germany
MIC code
XFRA
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Exchange is currently closed (non-working day)
Main market opens in 2 days 12 hours 34 minutes

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08:00 - 22:00
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