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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 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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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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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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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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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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(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.

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Kitayama to succeed Nishikawa as SMFG president

TOKYO, Japan - File photo shows Sumitomo Mitsui Financial Group Inc. Deputy President Teisuke Kitayama who was named April 19 to succeed Yoshifumi Nishikawa as president. The top management reshuffle will take effect on June 29, the financial group said.

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(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day.

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Sumitomo Mitsui's Nishikawa likely to quit

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. President Yoshifumi Nishikawa (file photo) is considering resigning, financial sources said Feb. 4. Earlier in the day, two Japanese dailies, the Yomiuri Shimbun and the Mainichi Shimbun, reported that SMFG may book a consolidated net loss for the current fiscal year because of increased loan-loss reserves.

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Sumitomo Mitsui's Nishikawa likely to quit

TOKYO, Japan - Sumitomo Mitsui Financial Group Inc. President Yoshifumi Nishikawa (file photo) is considering resigning, financial sources said Feb. 4. Earlier in the day, two Japanese dailies, the Yomiuri Shimbun and the Mainichi Shimbun, reported that SMFG may book a consolidated net loss for the current fiscal year because of increased loan-loss reserves. (Kyodo)

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(1)Sumitomo Mitsui, Daiwa Securities to launch merger talks

TOKYO, Japan - Photo taken Feb. 10 shows the head office of Sumitomo Mitsui Financial Group Inc. in Tokyo. SMFG and Daiwa Securities Group Inc., the holding companies of Japan's third-largest banking group and second-largest brokerage group, will soon launch merger talks to become a financial conglomerate, sources close to the talks said the same day. (Kyodo)

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Kitayama to succeed Nishikawa as SMFG president

TOKYO, Japan - File photo shows Sumitomo Mitsui Financial Group Inc. Deputy President Teisuke Kitayama who was named April 19 to succeed Yoshifumi Nishikawa as president. The top management reshuffle will take effect on June 29, the financial group said. (Kyodo)

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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. (Kyodo)

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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. (Kyodo)

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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. (Kyodo)

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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. (Kyodo)

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

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. (Kyodo)

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

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. (Kyodo)

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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. (Kyodo)

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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. (Kyodo)

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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. (Kyodo)