|  | 12/16/2009 |
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Sumitomo Corp.'s Resource Unit to Improve Profitability
Sumitomo Corporation's mineral resources, energy, chemical & electronics business unit tries to secure 20% of consolidated profit of the corporation by expanding the interests in upper stream interests in mineral and energy. Sixty percent of the unit's profit was from upper stream interests in energy and mineral resources while 60% of the unit's assets are middle- and down-stream operation. The unit tries to expand the profitable upper stream assets to 60% of the unit to balance the assets and profit.
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 | Sumitomo Corp.'s Resource Unit to Improve Profitability
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