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July 24, 2026
 

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SUMITOMO

A 7?megawatt wind turbine, a pilot project led by Marubeni and funded by the Japanese government, at a port in Onahama, Fukushima Prefecture
COMMENTARY / World
Jul 20, 2026
Blow winds blow: Time to harvest wind power off Japan¡¯s coast
Japan is investing heavily in offshore wind abroad while its domestic sector still lags due to policy and infrastructure hurdles.
Pacific Summit Energy, the energy arm of Sumitomo, is exploring a liquefied natural gas desk in Singapore to expand its trading business across Asia, Europe and the U.S.
BUSINESS / Economy
Jan 8, 2026
Sumitomo¡¯s energy arm may set up LNG trading desk in Singapore
Pacific Summit Energy is exploring a liquefied natural gas desk in the city-state as part of a wider strategy to expand its trading business across Asia, Europe and the U.S.
Japan¡¯s major trading houses face a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood Asia, limiting profits for at least six months.
BUSINESS / Companies
Nov 6, 2025
Japan¡¯s trading houses brace for more pain from China steel glut
Japan¡¯s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond.
Sumitomo President Shingo Ueno says the evolution of generative artificial intelligence is transforming business operations across various fields.
BUSINESS / Companies
Oct 30, 2025
Trader Sumitomo to acquire IT service firm SCSK
By fully acquiring SCSK, Sumitomo aims to improve management efficiency and strengthen its artificial intelligence business.
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 ¡ª Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni ¡ª 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 scientists identify clusters of protein believed to trigger Alzheimer¡¯s disease
A team of researchers said they found a ¡°seed¡± that accelerates the amyloid beta accumulation process in the brain, naming it ¡°Peak 1 amyloid beta,¡± as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" ¡ª an action-comedy series that follows the adventures of a notorious thief and a young boy.
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
Intervention is the word after yen moves beyond ?163 and sits there
The government could prop up the yen at any moment, though its signaling is hard to read.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan¡¯s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.
Summer has arrived in Japan and so have hot sleepless nights
Amid the heat and humidity in Japan, a good night¡¯s sleep is growing increasingly elusive without the heavy use of air conditioning.
Maya Ongaku¡¯s DIY dream is getting bigger
The members of Maya Ongaku ¡ª (from left) Tsutomu Sonoda, Shoei Ikeda and Ryota Takano ¡ª grew up on the Shonan Coast south of Tokyo and have been friends since their school days.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo¡¯s Shinjuku Ward.
Kabukicho: Tokyo¡¯s ¡®stadium of desire¡¯

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon
By Alex K.T. Martin

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