Sumitomo Corporation of America · New York, NY United States
Company Description
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This link will open in a new window Sumitomo Corporation of America (SCOA) is so huge, it might be quicker to list the things it doesn't do. Established in 1952, SCOA is the largest subsidiary of Japanese trading and investment colossus Sumitomo Corporation . Through more than 40 subsidiaries SCOA participates in industries including: real estate, aerospace, automotive and construction, chemicals and plastics, media and electronics, power and machinery, minerals and resources, and steel and non-ferrous metals. SCOA's other activities include distribution, project management, supply chain management, trade, technology transfer, and transportation. To read the full description, subscribe now.
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Key Sumitomo Corporation of America Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $6,587.3 |
| Employees | 14,143 |
Sumitomo Corporation of America Executives
12 executives listed for Sumitomo Corporation of America's New York, NY location.
| Title | Name & Bio | Contact |
| President and CEO | Michihisa Shinagawa | Network |
| EVP and CFO | Masato Sugimori | Network |
| Chief Compliance Officer and VP Legal | Elizabeth Peters | Network |
Competition
Competitive Landscape for Sumitomo Corporation of America
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Sumitomo Corporation of America Competitors
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