Subsidy Tracker Parent Company Summary

Parent Company Name: 
Sumitomo Group
Ownership Structure: 
publicly traded
Headquartered in: 
Japan
Major Industry: 
diversified
Specific Industry: 
diversified
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$55,537,81745
Federal (grants and allocated tax credits)$1,833,1152
TOTAL$57,370,93247
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$68,996,287,952122
TOTAL$68,996,287,952122
Time Period for State and Local Awards: 

Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2013.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

BIG O TIRES; DTR IND; DTR TENNESSEE INC; JUDD WIRE; LBX; LINK BELT CONSTRUCTION EQ LP LLLP; MESQUITE WIND; MIDAS; SPEEDEE OIL CHANGE AND TUNE UP; SUMIDEN WIRE PROD; SUMIKA POLYMER COMPUNDS; SUMIRIKO TENNESSEE; SUMITOMO; SUMITOMO CRYOGENICS OF AMERICA; SUMITOMO ELECTRIC; SUMITOMO MACHINERY OF AMERICA; SUMITOMO MITSUI; Sumitomo Rubber USA, LLC; SYMETRA LIFE INSURANCE; TBC; VALENT BIOSCIENCES; VAN DORN

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Texas$27,338,7921
Kentucky$13,795,54016
Iowa$8,983,7963
Florida$2,205,0006
New Jersey$1,702,8401
All other$1,511,84918

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Mesquite Wind LLC Texas local 2006 $27,338,792 property tax abatement
Valent BioSciences Corporation Iowa state 2011 $4,491,898 grant
Sumitomo Electric Wintec America, Inc. (f/k/a SPD Magnet Wire , Co.) Kentucky state 1997 $3,500,000 tax credit/rebate
Valent BioSciences Corporation Iowa state 2012 $3,491,898 enterprise zone
Sumitomo Electric Wiring Systems Inc. Kentucky state 2012 $3,000,000 tax credit/rebate
Sumitomo Electric Wiring Systems Inc. Kentucky state 2015 $3,000,000 tax credit/rebate
Link-Belt Construction Equipment Company, L.P., LLLP Kentucky state 2009 $2,400,000 tax credit/rebate
TBC United States federal 2012 $1,829,115 federal grant
Sumitomo Trust & Banking Co. New Jersey state 2000 $1,702,840 grant
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2016 $1,360,000 tax credit/rebate
TBC Corporation Florida state 2012 $1,060,000 grant
Valent BioSciences Corporation Iowa state 2012 $1,000,000 grant
TBC Corporation Florida state 2012 $525,000 tax credit/rebate
TBC Corporation Florida state 2009 $400,000 grant
Symetra Life Insurance Company Connecticut state 2014 $228,000 tax credit/rebate
Symetra Life Insurance Company Connecticut state 2013 $227,500 tax credit/rebate
Sumika Polymer Compunds Georgia state 2008 $200,000 grant
TBC Corporation Florida state 2009 $200,000 tax credit/rebate
Sumitomo Machinery Corporation of America Virginia state 2018 $200,000 grant
Sumitomo Electric ESC, Inc. North Carolina state 2015 $140,361 tax credit/rebate
TBC Retail Group, Inc. Ohio state 2009 $101,166 tax credit/rebate
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2010 $100,000 training reimbursement
Link-Belt Construction Equipment Company, L.P., LLLP Kentucky state 2016 $100,000 training reimbursement
Link-Belt Construction Equipment Company, L.P., LLLP Kentucky state 2016 $100,000 training reimbursement
Sumitomo Machinery Corporation of America Virginia state 2012 $96,008 training reimbursement
Sumitomo Machinery Corp. of America Virginia state 2012 $78,400 training reimbursement
Symetra Life Insurance Company Connecticut state 2012 $74,500 tax credit/rebate
LBX Company LLC Kentucky state 2018 $70,000 tax credit/rebate
Sumitomo Rubber USA, Inc. New York local 2017 $67,815 tax credit/rebate
Sumitomo Electric Wiring System, Inc. Tennessee state 2013 $52,800 training reimbursement
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2016 $30,000 tax credit/rebate
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2009 $25,000 training reimbursement
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2010 $25,000 training reimbursement
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2016 $25,000 training reimbursement
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2017 $25,000 training reimbursement
Sumitomo Electric Wiring Systems, Inc. Kentucky state 2018 $25,000 training reimbursement
SUMIDEN WIRE PRODUCTS CORPORATION California state 2002 $19,600 training reimbursement
LBX Company, LLC Kentucky state 2008 $10,540 training reimbursement
TBC Corporation Florida local 2013 $10,000 grant
TBC Corporation Florida local 2014 $10,000 grant
Sumitomo Cryogenics of America Pennsylvania state 2017 $9,068 tax credit/rebate
Sumitomo Electric ESC, Inc. North Carolina state 2014 $4,703 tax credit/rebate
Sumitomo Electric ESC, Inc. North Carolina state 2013 $4,631 tax credit/rebate
Big O Tires Colorado state $4,215 tax credit/rebate
VALENT BIOSCIENCES CORPORATION United States federal 2003 $4,000 federal grant
Big O Tires Utah state 2011 $1,700 training reimbursement
BIG O TIRES Colorado state 2014 $1,382 tax credit/rebate
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $2,800,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $2,300,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $2,300,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $2,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $2,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $2,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,600,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,200,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2008 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $1,000,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2007 $800,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $800,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $750,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $750,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $700,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $700,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $700,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $700,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $700,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $550,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $550,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $500,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $500,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $500,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2008 $500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
SUMITOMO TR BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
SUMITOMO MITSUI BANKING NY BR United States federal 2009 $500,000,000 federal loan or loan guarantee
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