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Press Conference by Sumitomo Mitsui FG, SBI Holdings and others

Press conference by Sumitomo Mitsui FG and SBI Holdings. Photo shows Toru Nakajima, President and Group CEO of Sumitomo Mitsui FG (left) and Yoshitaka Kitao, Chairman and CEO of SBI Holdings, shaking hands.=June 16,2025,Tokyo

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Press Conference by Sumitomo Mitsui FG, SBI Holdings and others

Press conference by Sumitomo Mitsui FG and SBI Holdings. Photo shows Toru Nakajima, Group CEO and President of Sumitomo Mitsui FG (third from left) and Yoshitaka Kitao, Chairman and CEO of SBI Holdings, answering questions.=June 16,2025,Tokyo

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Press Conference by Sumitomo Mitsui FG, SBI Holdings and others

Press conference by Sumitomo Mitsui FG and SBI Holdings. Photo shows Toru Nakajima, President and Group CEO of Sumitomo Mitsui FG (left) and Yoshitaka Kitao, Chairman and CEO of SBI Holdings.=June 16,2025,Tokyo

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Press Conference by Sumitomo Mitsui FG, SBI Holdings and others

Press conference by Sumitomo Mitsui FG and SBI Holdings. Photo shows Toru Nakajima, President Group CEO of Sumitomo Mitsui FG (left) and Yoshitaka Kitao, Chairman and President of SBI Holdings, explaining.=June 16,2025,Tokyo

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Press Conference by Sumitomo Mitsui FG, SBI Holdings and others

Press conference by Sumitomo Mitsui FG, SBI Holdings, and others. Photo shows (from left) Shuji Yoshioka, President and CEO of SMBC Nikko Securities; Yukihiko Onishi, President and CEO of SMCC; Toru Nakajima, President and Group CEO of SMFG; Yoshitaka Kitao, Chairman and CEO of SBI Holdings; and Masato Takamura, President of SBI Securities.=June 16,2025,Tokyo

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Sumitomo Mitsui FG and SoftBank tie up for personal settlement services

Joint press conference by Sumitomo Mitsui Card, SoftBank, and PayPay. Photo shows (from left to right) Ichiro Nakayama, President and CEO of PayPay; Junichi Miyakawa, President and CEO of SoftBank; Toru Nakajima, President and Group CEO of Sumitomo Mitsui Financial Group; and Yukihiko Onishi, President and CEO of Sumitomo Mitsui Card.=May 15,2025,Tokyo

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Sumitomo Mitsui FG and SoftBank tie up for personal settlement services

Joint press conference by Sumitomo Mitsui Card, SoftBank, and PayPay. Photo shows (from left to right) Ichiro Nakayama, President and CEO of PayPay; Junichi Miyakawa, President and CEO of SoftBank; Toru Nakajima, President and Group CEO of Sumitomo Mitsui Financial Group; and Yukihiko Onishi, President and CEO of Sumitomo Mitsui Card.=May 15,2025,Tokyo

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Press Conference on the Tsukiji Area Urban Development Project

Press conference on the redevelopment of the former Tsukiji market site and the decision of the project proponent. Photo shows, from right, Toyota Fudosan President Tomohide Yamamura, Mitsui Fudosan President Takashi Ueda, and Yomiuri Shimbun Group President Toshikazu Yamaguchi. ＝May 1, 2024, in Tokyo.

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US: Strong Winter Storm Brings Blizzard Conditions To Sierra Nevada 3

A strong winter storm hit the Sierra Nevada on Friday, March 1, bringing heavy snow and high winds. Blizzard Warnings were issued for the area, including Lake Tahoe and eastern Nevada. The Sierra Avalanche Center warned that the danger of avalanches was high. Yosemite National Park and many ski resorts in the region announced they were closing at least for the day.

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Chairman Takeshi Kunibe.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President. Chairman Takeshi Kunibe.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President. Chairman Takeshi Kunibe.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui Financial Group President Change Press Conference

Sumitomo Mitsui Financial Group President Change Press Conference. Toru Nakajima, President. Chairman Takeshi Kunibe.=Date:November 30, 2023, Place:Tokyo

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Sumitomo Mitsui group CEO Jun Ota dies

File photo taken on Dec. 14, 2018, shows Sumitomo Mitsui Financial Group Inc.'s Jun Ota (L) and Takeshi Kunibe after being appointed the company's president and chairman, respectively. Ota, who became president and CEO in 2019, died on Nov. 25, 2023, due to pancreatic cancer, aged 65.

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Sumitomo Mitsui group CEO Jun Ota dies

File photo taken in December 2020 shows Sumitomo Mitsui Financial Group Inc. President and CEO Jun Ota. He died on Nov. 25, 2023, due to pancreatic cancer, aged 65.

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Int'l business leaders, experts optimistic about China's economy

STORY: Int'l business leaders, experts optimistic about China's economy DATELINE: July 15, 2023 LENGTH: 00:02:04 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): HAMID RASHID, Lead author of World Economic Situation and Prospects 2023 mid-year report 3. SOUNDBITE 2 (English): MIWAKO ANDO, Executive officer of Mitsui O.S.K. Lines, Ltd. 4. SOUNDBITE 3 (English): SUAN YONG FOO, Senior Economist at ASEAN+3 Macroeconomic Research Office (AMRO) 5. SOUNDBITE 4 (English): STEPHEN PERRY, Chair of the 48 Group Club STORYLINE: China's economy maintained recovery momentum as consuming activities gained traction and innovation pushed up industrial upgrading in the past half year. The mid-year update of the World Economic Situation and Prospects 2023, released by the United Nations, projected that China's economy will grow 5.3 percent this year, up from the 4.8 percent forecast in January. Economic experts and business leaders from various countries have expressed their confi

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Conference on new point service between Sumitomo Mitsui FG and CCC. Pictured from left to right are Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group, and Muneaki Masuda, Chairman and CEO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Conference on new point service between Sumitomo Mitsui FG and CCC. Pictured from left to right are Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group, and Muneaki Masuda, Chairman and CEO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Conference on new point service between Sumitomo Mitsui FG and CCC. Pictured from left to right: Yukihiko Onishi, President of Sumitomo Mitsui Card; Muneaki Masuda, Chairman and CEO of Culture Convenience Club; Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group; and Yasunori Takahashi, President and COO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Conference on new point service between Sumitomo Mitsui FG and CCC. Pictured from left to right are Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group, and Muneaki Masuda, Chairman and CEO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Conference on new point service between Sumitomo Mitsui FG and CCC. Pictured from left to right: Yukihiko Onishi, President of Sumitomo Mitsui Card; Muneaki Masuda, Chairman and CEO of Culture Convenience Club; Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group; and Yasunori Takahashi, President and COO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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Sumitomo Mitsui FG, CCC Press Conference on New Point Service

Pictured from left to right: Yukihiko Onishi, President of Sumitomo Mitsui Card; Muneaki Masuda, Chairman and CEO of Culture Convenience Club; Jun Ota, President and Group CEO of Sumitomo Mitsui Financial Group; and Yasunori Takahashi, President and COO of Culture Convenience Club.=Date:June 13, 2023,Place:Tokyo

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New loyalty point program

Sumitomo Mitsui Financial Group Inc. President Jun Ota (L) and Culture Convenience Club Co. CEO Muneaki Masuda pose for a photo in front of the logo of their new loyalty point program during a press conference in Tokyo on June 13, 2023. The two companies said earlier that CCC's T-Point program and Sumitomo Mitsui's V Point program will be merged into one, with the integrated program to be launched under the new V-Point program possibly in the spring of 2024.

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New loyalty point program

Sumitomo Mitsui Financial Group Inc. President Jun Ota (L) and Culture Convenience Club Co. CEO Muneaki Masuda shake hands in front of the logo of their new loyalty point program during a press conference in Tokyo on June 13, 2023. The two companies said earlier that CCC's T-Point program and Sumitomo Mitsui's V Point program will be merged into one, with the integrated program to be launched under the new V-Point program possibly in the spring of 2024.

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TonenGeneral to buy Mitsui Oil to create 3rd largest oil wholesaler

TOKYO, Japan - Jun Muto, president of oil wholesaler TonenGeneral Sekiyu K.K., announces at a news conference in Tokyo on Dec. 18, 2013, that the company will acquire a stake of nearly 90 percent in Mitsui Oil Co. for 24.9 billion yen from the trader on Feb. 4. The acquisition would allow the TonenGeneral group to rival Cosmo Oil Co. as Japan's third-largest oil wholesaler in terms of sales following JX Holdings Inc. and Idemitsu Kosan Co.

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Victims, Mitsui settle fight over cadmium pollution

TOYAMA, Japan - Kunihiro Takagi (R), leader of a sufferers' group, and Mitsui Mining & Smelting Co. President Sadao Senda shake hands, holding documents of agreement, in Toyama, Japan, on Dec. 17, 2013. The compensation issue over one of Japan's four major pollution-caused disease cases reached a complete settlement, as sufferers of cadmium poisoning, known as "Itai-Itai Disease," and the company responsible signed an agreement on it.

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Sumitomo group to buy 80 small Boeing jets

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. President Koichi Miyata (L) and Raymond Conner, president and chief executive officer of Boeing Commercial Airplanes, shake hands at a press conference in Tokyo on Nov. 10, 2014, where SMFG and Sumitomo Corp. announced a decision to purchase 80 small jetliners from Boeing.

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Forced labor lawsuit against Japanese firms

BEIJING, China - Photo taken in February 2014 in front of the Beijing No. 1 Intermediate People's Court shows a group of Chinese who filed a lawsuit against Mitsubishi Materials Corp. and Nippon Coke & Engineering Co., formerly known as Mitsui Mining Co., seeking compensation and a public apology for forced labor in Japan during World War II. The court has decided to take up the lawsuit against the two Japanese companies, a plaintiff lawyer said March 18, 2014.

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Arrest over bribery allegations

TOKYO, Japan - Police investigators head to the office of the Mitsui & Co. group's pension fund in Tokyo on Dec. 5, 2013. Police the same day arrested a former executive of the Mitsui group and an employee of Deutsche Bank AG's investment banking arm in Tokyo over an alleged bribery case.

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Sumitomo Mitsui Financial announces earnings

TOKYO, Japan - Koichi Miyata, president of Sumitomo Mitsui Financial Group Inc., announces the group's earnings for financial 2012 at the Bank of Japan's head office in Tokyo on May 15, 2013.

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Megabank personnel shake-up

TOKYO, Japan - File photo shows Sumitomo Mitsui Banking Corp. Senior Managing Director Takeshi Kunibe (L) and Koichi Miyata, another senior managing director of the major Japanese bank. Kunibe will succeed Masayuki Oku as president of SMBC, while Miyata will replace Teisuke Kitayama as president of Sumitomo Mitsui Financial Group Inc., SMBC's holding company, on April 1, 2011, the two firms said Jan. 28, 2011.

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SMFG's Miyata to be promoted to president

TOKYO, Japan - File photo shows Koichi Miyata, senior managing director of Sumitomo Mitsui Financial Group Inc. The bank holding company is considering appointing Miyata to succeed President Teisuke Kitayama, who is likely to retire, company sources said Dec. 30, 2010.

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SMFG lists on New York Stock Exchange

NEW YORK, United States - Teisuke Kitayama (C in front), president of Sumitomo Mitsui Financial Group Inc., rings the opening bell at the New York Stock Exchange on Nov. 1, 2010. SMFG listed its American Depository Receipts on the NYSE on the same day, becoming the last of Japan's three biggest banking groups to trade on the NYSE, following Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc.

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SMFG lists on New York Stock Exchange

NEW YORK, United States - Teisuke Kitayama, president of Sumitomo Mitsui Financial Group Inc., speaks at a press conference at the New York Stock Exchange on Nov. 1, 2010, the day SMFG listed its American Depository Receipts on the NYSE. Kitayama said the listing would be the important first step for the company to compete in the global market.

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Sumitomo Trust-Chuo Mitsui merger good chance to show presence

TOKYO, Japan - Chuo Mitsui Trust Holdings Inc. President Kazuo Tanabe speaks during a recent interview with Kyodo News on the merger of his bank and Sumitomo Trust & Banking Co. A giant trust banking group is to be created through the management integration of the two trust banks in April 2011.

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Sumitomo Trust-Chuo Mitsui merger to reinforce Asian operations

TOKYO, Japan - Sumitomo Trust President Hitoshi Tsunekage speaks during a recent interview with Kyodo News on the merger of his bank and Chuo Mitsui Trust Holdings Inc. A giant trust banking group is to be created through the management integration of the two trust banks in April 2011.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Teisuke Kitayama (L), president of Sumitomo Mitsui Financial Group Inc., along with Citigroup Vice Chairman Stephen Volk (R), announces at a Tokyo hotel on May 1 that SMFG has reached an agreement with Citigroup to acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen.

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SMFG to buy Nikko Cordial, bulk of Nikko Citigroup for 545 bil. yen

TOKYO, Japan - Executives of Sumitomo Mitsui Financial Group Inc. and Citigroup Inc. shake hands at a Tokyo hotel on May 1 after announcing they have reached an agreement that SMFG will acquire Nikko Cordial Securities Inc. and the bulk of Nikko Citigroup Ltd. for 545 billion yen. (From L) Nikko Cordial Securities President Eiji Watanabe, Sumitomo Mitsui Banking Corp. President Masayuki Oku, SMFG President Teisuke Kitayama, Citigroup Vice Chairman Stephen Volk, and Nikko Citi Holdings Inc. Chairman and President Douglas Peterson.

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SMFG's net profit down over 50% in 1st half of FY 2008

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. President Teisuke Kitayama (L) speaks during a news conference in Tokyo on Nov. 14. He said its group net profit fell 51.2 percent to 83.28 billion yen in the six months through September from a year earlier as the fallout from the global financial turmoil weighed on its balance sheet.

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SMBC Deputy President Nakano to become Kansai business group head

OSAKA, Japan - Sumitomo Mitsui Banking Corp. Deputy President Kenjiro Nakano (in file photo) is expected to become one of the two co-chairmen of the Kansai Association of Corporate Executives in 2008, sources said on Dec. 8. Nakano, 60, will replace Atsushi Kojima, 72, chairman of Ganko Food Service Co., while the group's other co-chairman, Norihiko Saito, 61, executive vice president of Kansai Electric Power Co., will remain in office, the sources said

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Sumitomo Mitsui's 1st-half net profit down 30%

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. President Teisuke Kitayama on Nov. 19 attends a news conference in Tokyo where the company said its consolidated net profit for the first half of fiscal 2007 dropped 30.0 percent from a year before to 170.59 billion yen. SMFG blamed the lowered earnings on losses incurred from its subprime-related securities products and slumping stocks of affiliated consumer loan companies.

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Daiei to sell 32.15% stake in OMC Card to SMFG for 74. bil. yen

TOKYO, Japan - Masayuki Nishi (L), chairman of Sumitomo Mitsui Financial Group, Tooru Nishim (C), president of Daiei Inc., and Hiromichi Funahashi, chairman of OMC Card Inc., join hands at a press conference in Tokyo on July 27 after announcing Daiei will sell 32.15 percent of voting rights in its credit-card subsidiary OMC to Sumitomo Mitsui for 74.8 billion yen.

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Mitsui, M'bishi, Shell cede majority stake in Sakhalin-2 to Gazprom

TOKYO, Japan - Chief Cabinet Secretary Yasuhisa Shiozaki speaks at a press conference on Dec. 22 on a deal made by Mitsui & Co., Mitsubishi Corp. and the Royal Dutch/Shell group with Russian state-owned gas monopoly Gazprom concerning their Sakhalin-2 oil and natural gas development project. Shiozaki said, ''Since our country relies on foreign energy sources...it is important for the project to progress smoothly to provide energy stably to Japan,'' adding ''We want the Russian side to act in a responsible manner.''

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Sumitomo Mitsui's 1st-half group net profit dives 37.9%

TOKYO, Japan - Teisuke Kitayama, president of Sumitomo Mitsui Financial Group Inc., speaks about the company's earnings report for the first-half of fiscal 2006 at the Bank of Japan's head office in Tokyo on Nov. 22.

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SMFG sinks into red

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. Vice President Teisuke Kitayama speaks at a press conference in Tokyo on May 24. Kitayama, who is to assume the presidency in June, said that hefty bad-loan disposal costs sent his group into the red in the year to March 31.

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Mizuho Financial Group's Maeda becomes bankers' association chairman

TOKYO, Japan - Mizuho Financial Group Inc. President Terunobu Maeda speaks at a press conference in Tokyo on April 19 on assuming the post of chairman of the Japanese Bankers Association, succeeding Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc. Maeda said, ''My two major goals are to activate financial markets and to raise confidence in financial institutions.''

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(2)Kitayama to succeed Nishikawa as SMFG president

TOKYO, Japan - Sumitomo Mitsui Banking Corp. Deputy President Masayuki Oku (L), who will promoted to the presidency, speaks at a press conference in Tokyo on April 19 flanked by Sumitomo Mitsui Financial Group Inc. Deputy President Teisuke Kitayama (R), who was named to succeed Yoshifumi Nishikawa as president. The top management reshuffle will take effect on June 29, the financial group said.