Sumitomo exits nickel

2026-11-02

Sumitomo lifts FY26 profit and dividend forecasts on strong energy, metals performance

Sumitomo Corp raised its fiscal 2026 net profit forecast by 6% to 670 billion yen and increased dividends, attributing the upgrade to strong performance in energy and metals sectors driven by higher c

reuters · 2026-11-02 00:43 UTC

2026-09-02

Sumitomo CEO Calls for Increased Energy Focus Amid Data Center Demand

Sumitomo Corp CEO Shingo Ueno called for increased energy investment to meet surging AI-driven data center demand, citing LNG price hikes due to Strait of Hormuz constraints. He expects production nor

bloomberg · 2026-09-02 11:37 UTC

2026-04-30

Japan’s Sumitomo to Divest Stake in Madagascar Nickel Project

Sumitomo Corp plans to divest its 54% stake in Madagascar's Ambatovy nickel project by March 2027 following production disruptions and cyclone damage. The transaction will incur a ¥70 billion charge,

bloomberg · 2026-04-30 22:13 UTC

Media coverage (3)

Sumitomo lifts FY26 profit and dividend forecasts on strong energy, metals performancereuters
Sumitomo CEO Calls for Increased Energy Focus Amid Data Center Demandbloomberg
Japan’s Sumitomo to Divest Stake in Madagascar Nickel Projectbloomberg

Sumitomo exits nickel

Sumitomo lifts FY26 profit and dividend forecasts on strong energy, metals performance

Sumitomo CEO Calls for Increased Energy Focus Amid Data Center Demand

Japan’s Sumitomo to Divest Stake in Madagascar Nickel Project

Media coverage (3)

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