# If Sumitomo Metal Mining moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/sumitomo-metal-mining · Facet: ripple · Updated: 2026-09-11T15:35:54.953409+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Sumitomo Metal Mining is directly linked to 3 companies (1 supply, 2 revenue relationships) and reaches 6 companies within two hops; the links are backed by 11 dated sources, 2 of them primary filings (as of 2026-09-11).

Sumitomo Metal Mining operates across Nikkei 225, nickel smelting & NCA cathode. It is +9.5% in 2026. The demand side (avg +43.7%) leads the stock (+9.5%), so customer moves come first here. Among connected nodes the furthest ahead is Panasonic Energy (+98.1%) and the furthest behind is Toyota Motor Corporation (-10.8%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its medium-term growth axis is NCA expansion for Panasonic (60kt->180kt/yr) and joint development of solid-state cathode for Toyota, and it is tightening its resource portfolio by taking Coral Bay to 100% and divesting Ambatovy.

## Demand chain (leading)
- T1 Panasonic Energy (https://valuechain.wiki/panasonic-energy.md)
- T2 Tesla (https://valuechain.wiki/tesla.md)
- T3 PG&E Corporation (https://valuechain.wiki/pg-e.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 Mazda Motor (https://valuechain.wiki/mazda-motor.md)
- T1 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)

## Supply chain (benefiting)
- T1 Freeport-McMoRan Inc. (https://valuechain.wiki/freeport-mcmoran.md)
- T2 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T3 Nucor Corporation (https://valuechain.wiki/nucor.md)

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Full node: https://valuechain.wiki/sumitomo-metal-mining.md · JSON: https://valuechain.wiki/sumitomo-metal-mining.json