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Tomomochi Sumitomo

1607-1662Merchant and industrialistAsia · 1607Most named place: Kyoto
MerchantMining magnateRoom: Zaibatsu

Tomomochi Sumitomo was the copper merchant and industrialist credited with building the Sumitomo house into a major merchant house.

Born in a family of Riemon Soga, a copersmith who owned a copper refinery and shop called Izumiya in Kyoto, Tomomochi managed to merge the Sumitomo and Soga houses by marriage to Masatomo's daughter. Thanks to a new technique called nambanbuki that his father invented for extraction of silver from copper the businss flourished. Tomomochi established a copper refinery in Osaka that absorbed both business families' business operations and became the centre of the Japanese copper industry. The company became the foundation of the future Sumitomo enterprise.

Portrait of Tomomochi Sumitomo

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