When did Sumitomo Corporation become a public company?
When did Sumitomo Corporation become a public company? The company was incorporated in 1919 and is a member company of the Sumitomo Group. It is listed on four Japanese stock exchanges (Tokyo, Osaka, Nagoya and Fukuoka) and is a constituent of the TOPIX and Nikkei 225 stock indices. Why was Sumitomo Corporation overtaken by Itochu? The company's president, Kuniharu Nakamura, attributed these losses to both adverse market factors and Sumitomo's relative inexperience in the field. As a result of these setbacks, Sumitomo was overtaken by Itochu as Japan's third-largest general trading company. When did Sumitomo Shoji Kaisha change its name?...