Industry | Conglomerate |
---|---|
Founded | 1615 |
Headquarters | Tokyo, Japan |
Products | Current or former Sumitomo Group members |
Website | Sumitomo Group Public Affairs Committee |
The Sumitomo Group (Japanese: 住友グループ, Hepburn: Sumitomo Gurūpu) is a Japanese corporate group and keiretsu that traces its roots to the zaibatsu groups that were dissolved after World War II. Unlike the zaibatsu of the pre-war period, there is no controlling company with regulatory power. Instead, the companies in the group hold shares in each other, but they are limited to exchanging information and coordinating plans through regular meetings.