was the 3rd daimyà  of Kubota Domain in Dewa Province, Japan (modern-day Akita Prefecture), and then 21st hereditary chieftain of the Satake clan. His courtesy title was Ukyà Â-no-daifu and Jijà «, and later raised to Sakon'e-shà Âshà  and his Court rank was Junior Fourth Rank, Lower Grade.
Satake Yoshizumi was the younger son of Satake Yoshitaka. In 1646, he was presented in formal audience to Shà Âgun Tokugawa Iemitsu and confirmed as heir to Kubota Domain. he became daimyà  on his father's retirement in 1672. In 1701, he divided 20,000 koku of the domain as a fief for his brother, Satake Yoshinaga, and another 10,000 koku for his nephew, Satake Yoshikuni, creating two sub-domains: Iwasaki Domain and Kubota-Shinden Domain. Kubota-Shinden Domain was reabsorbed back into Kubota Domain in 1732, but Iwasaki Domain lasted until the Meiji restoration as a cadet house of the Satake clan.
In 1703, Satake Yoshizumi died at Yokote Castle. It was said that he often forgot the eat or sleep, and sometimes vomited blood, as he worked tirelessly for the benefit of the domain.
Satake Yoshizumi was wed to Tsuruhime, the daughter of Matsudaira Naomasa of Matsue Domain, but his only son, Satake Yoshimitsu died in 1699. His second son had been adopted by the SÃ Âma clan and was now SÃ Âma Nobutane, daimyo of SÃ Âma Domain, so Kubota Domain was inherited by his third son by a concubine, Satake Yoshitada.