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March 31, 2025
 

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SUMITOMO

BUSINESS
Aug 13, 2014
Sumitomo joins Goldman in expecting the aluminum market to swing into a deficit
The global aluminum market will swing into a deficit this year for the first time since 2006 as cuts in output deepen and demand from automakers grows, according to trading house Sumitomo Corp.
Japan Times
BUSINESS / Companies
Jul 31, 2014
Mitsubishi UFJ profit falls less than estimated on lending, fees
Mitsubishi UFJ Financial Group Inc., the nation's biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown.
BUSINESS / Companies
Jul 1, 2014
Banks OK multibillion-yen loans for Oita and Iwate biomass plant projects
Sumitomo Mitsui Banking Corp. and partners will provide a ¥6.3 billion loan for a biomass plant developed by a unit of First Energy Service Co.
Japan Times
BUSINESS / Companies
Mar 27, 2014
SMBC ups pay for first time in 19 years
Sumitomo Mitsui Financial Group Inc.'s lending unit has agreed to raise salaries for the first time in 19 years as an economic recovery spurs profit at Japan's second-largest bank by market value.
BUSINESS / Companies
Mar 26, 2014
Sumitomo Mitsui reportedly to hire four ex-UBS employees for equities
Sumitomo Mitsui Financial Group Inc. will hire four former UBS AG employees to expand its Japan equity business, according to a source.
Japan Times
BUSINESS / Companies
Feb 6, 2014
SMBC angles for housing units for seniors before health care REIT IPO
Sumitomo Mitsui Banking Corp. is seeking to buy about ¥10 billion in senior housing properties before taking its health-care real estate investment trust public.
Japan Times
BUSINESS / Companies
Dec 25, 2013
Sumitomo Mitsui may resume JGB buys once inflation picks up
Sumitomo Mitsui Financial Group Inc., the biggest seller of Japanese government bonds among the nation's three biggest banks, may start buying again once inflation picks up, President Koichi Miyata said.
BUSINESS / Companies
Dec 25, 2013
Refiners to merge LPG operations
Three oil refiners and trading firm Sumitomo Corp. plan to merge their liquefied petroleum gas import and wholesale operations in a move that would give them the largest share of Japan's LPG market.
BUSINESS / Companies
Dec 13, 2013
Sumitomo Mitsui to buy U.S. rail car lease firm
Sumitomo Mitsui Financial Group Inc. has agreed to buy railroad car-leasing company Flagship Rail Services LLC from a unit of Perella Weinberg Partners.
Japan Times
BUSINESS / Companies
Nov 15, 2013
Mitsubishi UFJ, Mizuho bump up profit goals
Mitsubishi UFJ Financial Group Inc. and Mizuho Financial Group Inc. raised their full-year profit goals after the economic revival spurred lending and an equity rally boosted fees and the value of their shareholdings.
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
BUSINESS / Companies
Oct 11, 2013
Japan credit card sales seen accelerating on stock rally
Japanese credit card transactions will accelerate this year as rising stock prices boost consumer confidence and spending, according to Sumitomo Mitsui Financial Group Inc.'s card unit.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
School-age suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
In Tokyo, Pentagon chief provides assurances that Japan-U.S. alliance remains robust
Defense Minister Gen Nakatani (left) and U.S. Secretary of Defense Pete Hegseth review an honor guard during a welcome ceremony at the Defense Ministry in Tokyo ahead of their talks Sunday.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.
Who among the opposition would join the ruling coalition?
Prime Minister Shigeru Ishiba enters his office in Tokyo on Friday.
Traveling the Three-Star Road, the tourist route made from thin air
Scenes like this snow-covered bridge leading to the village of Shirakawa-go are what make the Three-Star Road worth traveling — its name notwithstanding.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.

Podcast

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