Sumitomo Mitsui Financial Group (NYSE: SMFG)
Sumitomo Mitsui Financial Group Return vs. S&P
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Sumitomo Mitsui Financial Group Company Info
Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.
News & Analysis
Japan's Economy Is Turning Around: These 3 Banks Could Be Poised For Big Growth
Economists are cheering Japanese Prime Minister Shinzo Abe's plans to reduce the corporate tax to below 30 percent. Here we examine three major Japanese financials that could benefit a lot from the reforms.
How Japan's International Push Has Driven the Nikkei's Run
China's still important to many Japanese firms, but more and more other, less-heralded economies have become emerging market priorities
Valuation
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