Contractors Mitsui, Sumitomo to merge in 2003

Contractors Mitsui, Sumitomo to merge in 2003

TOKYO, Japan - Sumitomo Construction Co. President Hitoshi Tsujimoto (L) and Mitsui Construction Co. President Noboru Sei pose at a news conference in Tokyo on Oct. 4 after announcing an agreement by the companies to merge their operations on April 1, 2003. The companies will integrate their operations on a fifty-fifty basis under Sumitomo Mitsui Construction Co.

Contractors Mitsui, Sumitomo announce integration

Contractors Mitsui, Sumitomo announce integration

TOKYO, Japan - Sumitomo Construction Co. President Hitoshi Tsujimoto (L) and Mitsui Construction Co. President Noboru Sei pose at a news conference Jan. 30 where they announced an agreement to merge their operations within the next two years, the first such integration involving listed general construction contractors in Japan. Mitsui and Sumitomo both rank around 15th in revenues and their integration would create the seventh-largest contractor in Japan in terms of consolidated revenues.

Contractors Mitsui, Sumitomo announce integration

Contractors Mitsui, Sumitomo announce integration

TOKYO, Japan - Sumitomo Construction Co. President Hitoshi Tsujimoto (L) and Mitsui Construction Co. President Noboru Sei pose at a news conference Jan. 30 where they announced an agreement to merge their operations within the next two years, the first such integration involving listed general construction contractors in Japan. Mitsui and Sumitomo both rank around 15th in revenues and their integration would create the seventh-largest contractor in Japan in terms of consolidated revenues.

Contractors Mitsui, Sumitomo to merge in 2003

Contractors Mitsui, Sumitomo to merge in 2003

TOKYO, Japan - Sumitomo Construction Co. President Hitoshi Tsujimoto (L) and Mitsui Construction Co. President Noboru Sei pose at a news conference in Tokyo on Oct. 4 after announcing an agreement by the companies to merge their operations on April 1, 2003. The companies will integrate their operations on a fifty-fifty basis under Sumitomo Mitsui Construction Co. (Kyodo)