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Company name: Sumitomo Group

Mbth: すみともグループ

Headquarters: Tokyo, Japan

Established: 1585

Company slogan: down-to-earth, not pursuing floating profits.

Its subsidiaries: Sumitomo Bank and Sumitomo Metal Industry.

Sumitomo Group (すみともグループ) is one of the oldest enterprise groups in Japan with a history of more than 400 years. /kloc-In the 7th century, Fuji House was founded by Sumitomo Masatomo (すみともまさとも)1585-1652 in Kyoto. From the beginning of operating copper musical instruments, Lu Yuan obtained the right to operate Biezi Tongshan in four years (169 1 year). Since then, copper production has continued for 283 years, and Sumitomo has also been growing. Biezi Tongshan, which experienced the chaotic period of Meiji Restoration, has made a great leap in production capacity after introducing foreign technology and machinery. After that, while absorbing western technology to continuously expand copper production, machinery industry, Carboniferous industry, wire manufacturing industry, forestry and other related undertakings were also carried out one after another. Later, it developed into a modern consortium centered on mining and finance.