Japan, July 9 -- Sumitomo Corporation signed a comprehensive memorandum of understanding ("the MOU") with the Department for Business and Trade's Office for Investment under the UK government on July 9, 2025. This MOU outlines a shared commitment whereby Sumitomo Corporation, together with its business partners, plans to participate in investment projects in the UK amounting to a total of 7.5 billion pounds (approximately 1.46 trillion yen) by 2035 - including investments already made in existing businesses. The UK government has expressed its intention to support these efforts. A signing ceremony hosted by the UK Department for Business and Trade was held yesterday at the British Embassy in Tokyo.Sumitomo Corporation has engaged in a wide ...