Introduction of Sumitomo Corporation for Japan Currents Houston Conference About Sumitomo Corporation
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Introduction of Sumitomo Corporation for Japan Currents Houston Conference About Sumitomo Corporation Company Name:SUMITOMO CORPORATION Establishment Date:December 24, 1919 Representative Director President and Chief Executive Officer:Masayuki Hyodo Paid-in Capital:219.4 billion yen Number of Offices:Japan: 22, Overseas: 110 Number of Employees:5,295 (Consolidated Base: 65,662) Consolidated Subsidiaries: 626 (JP: 95, Overseas: 531) Associated Companies: 305 (JP: 53, Overseas: 252) as of March 31, 2019 Business Description With its global network and based on trust from customers and partners in various industries, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services, import and export, trilateral trade, and domestic and international business investment. 2 Sumitomo's 400 Year-old Legacy & Group Companies Company Name Business Sumitomo Chemical Co., Ltd. Chemicals Sumitomo Heavy Industries, Ltd. Machinery and shipbuilding Sumitomo Mitsui Banking Corporation Finance Sumitomo Metal Mining Co., Ltd. Nonferrous metals Sumitomo Corporation Integrated trading company Sumitomo Mitsui Trust Bank, Ltd. Finance Sumitomo Life Insurance Co. Insurance The Sumitomo Warehouse Co., Ltd. Warehouse Mitsui Sumitomo Insurance Co., Ltd. Insurance Nippon Sheet Glass Co., Ltd. Glass NEC Corporation Electronics Sumitomo Realty & Development Co., Ltd. Real estate Sumitomo Osaka Cement Co., Ltd. Cement Sumitomo Light Metal Industries, Ltd. Nonferrous metals Wooden statue of Masatomo Sumitomo 3 Sumitomo Mitsui Construction Co., Ltd. Construction (Source:Sumitomo Historical Archives) Sumitomo Corporation’s footprints in Texas T E X AS I N V E S T M E N T S Since SCOA Houston Office opened in 1965… CONSTRUCTION & TRANSPORTATIONSYSTEMS With Sumitomo’s support, SCGTS has grown over the years Over $3billion to an organization that is fully Invested in Texas 4,684 integrated with US oil and gas production... The company truly since 2002 employed reflects Sumitomo’s corporate ENERGY mission that emphasizes being by SCOA, ahead of changes,creating its subsidiaries, and new value, and contributing to broadersociety. affiliated companies. Mark Kays, President, SC Global TubularSolutions ENERGY &INFRASTRUCTURE Locations of retail 20 SCOA 172 subsidiaries tire & auto service centers and affiliated owned by SCOAsubsidiaries MEDIA & REALESTATE companies Spread over 215locations 4 TUBULARPRODUCTS Sumitomo Corporation’s footprints in Texas Mesquite Creek WindFarm HIGHLIGHTS CONSTRUCTION & Est. 2008 | Energy & Infrastructure TRANSPORTATION SYSTEMS 200 MW wind farmin Lamesa. Sunstate Equipment Co., LLC - 1996 Pacific Summit Energy ENERGY Est. 2004 | Energy Pacific Summit Energy, LLC - 2004 An energy trading and marketing Summit Discovery Resources, LLC - 2009 boutique. ENERGY & INFRASTRUCTURE Perennial Power Holdings, Inc. - 2002 Summit Stanton Wind Energy, LLC - 1973 SCOA Houston Discovery DS Cornerstone, LLC - 2012 Est. 1965 Resources Est. 2009 | Energy MEDIA & REAL ESTATE US oil and gas Towne Lake - 2004 upstream arm. Wimbledon Falls - 2003 TUBULAR PRODUCTS Towne Lake SC Global Est. 2004 | Media & Real Estate Tubular B&L Pipeco Services, Inc. - 2005 Edgen Group, Inc. - 2013 2,400 acre master-planned Solutions Edgen Murray, Inc. - 2013 community in Cypress. Est. 2002 | Tubular Global Stainless Supply, Inc. - 2002 Products Howco Group - 2006 International supply Premier Pipe, LLC - 2007 Edgen Murray Pyramid Tubular Products, LLC -2001 Acq. 2013 | TubularProducts chain management firm providing SC Global Tubular Solutions - 2002 A leading global supplier of custom solutions Toss Wa Corp - 2001 specialized products and services to oil & gas Vallourec Star, LP - 2002 VAM USA, LLC - 2008 for worldwide energy markets. companies. 5 Sumitomo’s Integrated Value Chain in Energy Industry Upstream Midstream Downstream Exploration Drilling & Completion Transportation Trade / Power Exploration & Production Tubular Products Energy Trading (Linepipe) Pacific Summit Energy, LLC - 2004 Pacific Summit Energy, LLC - 2004 Summit Discovery Resources, LLC - 2009 Edgen Murray, Inc. - 2013 Tubular Products (OCTG) B&L Pipeco Services, Inc. - 2005 Premier Pipe, LLC - 2007 Pyramid Tubular Products, LLC -2001 SC Global Tubular Solutions – 2002 Champions Cinco Pipe & Supply, LLC - 2018 Power Plant/Trading Perennial Power Holdings, Inc. - 2002 Tubular Manufacturing Vallourec Star, LP - 2002 VAM USA, LLC - 2008 6 Takeaways Over the past 100 years, Sumitomo Corporation has advanced with society and stakeholders over the world. We have been contributing to Houston society and community for more than a half of its history. We have formed a unique value chain that derives from a group of enterprises and functions and it covers and serves a whole supply chain of Energy Industry, from Up-stream to Down-stream. Houston, Energy Capital of the World, is where we have strengthened relationship with major oil & gas players such as ExxonMobil, Shell, BP, etc., and those partnerships have been spreading over the world from here. We commit to lower carbon emissions. Leveraging our strength we have developed until today, we aim to be a leader in energy efficiency, conservation and transition, and sustainability of the World. 7.