Chemicals & Materials

Sumitomo Chemical Co., Ltd

Company Profile Analysis

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Sumitomo Chemical Co., Ltd - Chemicals & Materials showcase

Year Founded & Workforce

1934-12-31

31,837 Employees

Industry

Chemicals & Materials

Services

S

Sumitomo Chemical Co., Ltd Overview

Company Headquarters: Japan

Founded: 1935

Workforce: ~31,837

Company Working: Sumitomo Chemical Co., Ltd (Sumitomo Chemical) is one of the leading chemical companies in Japan. It is engaged in the manufacturing and sale of various chemical products. The company operates through petrochemicals and plastics, energy and functional materials, IT-related chemicals, health and crop sciences, and pharmaceuticals segments. Under the petrochemicals and plastics segment, it manufactures ammonium sulfate that is used as an industrial chemical. The Sumitomo Group comprises over 100 subsidiaries and has a significant presence in the Asian market. Sumitomo Chemical’s research organization comprises three major laboratories—the business sector research laboratories, corporate research laboratories, and production and safety fundamental technology center.

Strategy

The Sumitomo Chemical Group has been expanding its business around the world with the aim of building the Sumitomo Chemical brand on a global scale. The Group’s current overseas sales revenue ratio exceeds 60%. The company intends to aggressively expand the Group’s competitive businesses to markets around the world to achieve sustainable growth.

The company aims to focus on new business opportunities and strengthen its foothold through accelerating green transformation, digital transformation, and innovation.

Company Snapshot

$21.3M

Revenue

31,837

Employees

1934-12-31

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Wide product portfolio
  • Caters services to wide range of industries
  • Vast manufacturing capacity
  • Strong R&D capabilities
  • Revenue growth by nearly 20% between 2016 and 2018
  • Strong relations with prominent customers in the Asian market
  • R&D investment of USD 4.69 billion as of 2021
  • Large manufacturing capabilities with state-of-the-art laboratory
  • Held 13,759 patents as of 2021

Weaknesses

  • Limited global presence
  • Dependency on suppliers
  • Low liquidity
  • Interest-bearing liabilities of USD 11,740 million as of 2021

Opportunities

  • Collaborations with suppliers
  • Growing demand for isobutylene fuel additives
  • Strategic investments on capacity expansions, mergers, and R&D facilities
  • Digitalization and sustainable business oppotunities

Threats

  • Intentions competition with key players with wide global presence
  • Natural calamities
  • Fluctuating currency exchange rates
  • Environmental risks

Key Developments

DateApproachDevelopment
October 2016MergerSumitomo Chemical merged its three wholly-owned subsidiaries—Sumitomo Chemical Asia Pte Ltd, Sumitomo Chemical Singapore Pte Ltd, and Sumitomo Chemical (Asia Pacific) Pte. Ltd. to be called as Sumitomo Chemical Asia Pte Ltd. This merger is to strengthen its competitive advantage in the marketing, sales, production, and supply chain management of petrochemicals and plastics and other chemical products in Asia-Pacific. The combined expertise of all the three companies will help Sumitomo Chemical to attain the overall optimization of the integrated business operations.

Product Offering

  • Sumitomo Chemical Co., Ltd
    • Petrochemicals and plastics
    • Global Textile Coatings

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Sumitomo Chemical Co., Ltd as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Sumitomo Chemical Co., Ltd

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