Sumitomo to promote investment in resources development

Sumitomo to promote investment in resources development

TOKYO, Japan - Susumu Kato, president of major Japanese trading house Sumitomo Corp., said in a recent interview with Kyodo News that his company will promote the development of resources under its new business plan for fiscal 2007 and 2008 that sets aside around 600 billion yen for investment and loans. The interview was conducted after Kato assumed the post of president in June.

Sumitomo to appoint Vice President Kato as new president

Sumitomo to appoint Vice President Kato as new president

TOKYO, Japan - Outgoing Sumitomo Corp. President Motoyuki Oka (L) poses with his appointed successor, Executive Vice President Susumu Kato, 59, at a news conference in Tokyo on May 7. Sumitomo said Kato's appointment will be formalized at the company's shareholders meeting in June. Oka, 63, is slated to become board chairman.

Sumitomo to appoint Vice President Kato as new president

Sumitomo to appoint Vice President Kato as new president

TOKYO, Japan - Outgoing Sumitomo Corp. President Motoyuki Oka (L) poses with his appointed successor, Executive Vice President Susumu Kato, 59, at a news conference in Tokyo on May 7. Sumitomo said Kato's appointment will be formalized at the company's shareholders meeting in June. Oka, 63, is slated to become board chairman. (Kyodo)

Sumitomo to promote investment in resources development

Sumitomo to promote investment in resources development

TOKYO, Japan - Susumu Kato, president of major Japanese trading house Sumitomo Corp., said in a recent interview with Kyodo News that his company will promote the development of resources under its new business plan for fiscal 2007 and 2008 that sets aside around 600 billion yen for investment and loans. The interview was conducted after Kato assumed the post of president in June. (Kyodo)