With a net cash position (including investments) over more than 10 years, Nabtesco has maintained a healthy balance sheet, in our view. As of fiscal 2023, net debt/EBITDA is at minus 1.1 and we expect ...

TOKYO: Japanese trading house Sumitomo Corp on Thursday forecast a record net profit of 570 billion yen ($4 billion) for the current fiscal year and set aside a financial buffer to hedge against ...

Sumitomo plans to increase its annual dividend to 140 yen for the fiscal year ending next March, up from 130 yen now, and to buy back up to 2.9 per cent of its shares worth 80 billion yen. It ...

Japan’s Sumitomo and impact investment fund Builders Vision have invested in US-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the ...

Japanese trading houses lure investors with healthy returns amid US tariff uncertainty Japanese trading houses from Mitsubishi to Sumitomo Corp promised healthy shareholder returns this year amid ...

(Reuters) -Japan's Sumitomo and impact investment fund Builders Vision have invested in U.S.-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost ...

Excavators working at an ancient Catholic church in Italy recently found an even older religious symbol: the head of an ancient deity. The Appian Way Regional Park announced the find on Facebook ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Sumitomo Pharma America (formerly Sunvion) has said that its ulotaront (SEP-363856), a novel trace amine-associated receptor 1 (TAAR1) agonist with serotonin 5-HT1A agonist activity, was unable to ...