Sumitomo Mitsui cuts earnings forecast

Sumitomo Mitsui cuts earnings forecast

TOKYO, April 4 Kyodo - Sumitomo Mitsui Financial Group Inc. Managing Director Masayuki Oku tells a news conference April 4 that the group has cut its earnings forecast for fiscal 2002 as a result of much larger losses connected to securities holdings and bad-loan assets.

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  • ILEA001096342
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