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Sumitomo Mitsui Banking President Fukutome

Sumitomo Mitsui Banking President Fukutome

Akihiro Fukutome gives an interview in Tokyo on March 15, 2023, prior to assuming the post of president at Sumitomo Mitsui Banking Corp. on April 1.

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Sumitomo Mitsui Banking President Fukutome

Sumitomo Mitsui Banking President Fukutome

Akihiro Fukutome gives an interview in Tokyo on March 15, 2023, prior to assuming the post of president at Sumitomo Mitsui Banking Corp. on April 1.

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Sumitomo group to buy 80 small Boeing jets

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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Sumitomo projects 240 bil. yen in losses

Sumitomo projects 240 bil. yen in losses

TOKYO, Japan - Sumitomo Corp. President and CEO Kuniharu Nakamura attends a press conference in Tokyo, Japan, on Sept. 29, 2014. The trading giant expects a total of 240 billion yen in losses in the year ending in March over a poorly performing oil development project in Texas and a fall in coal prices.

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Huge iron pan made for national dumpling festival

Huge iron pan made for national dumpling festival

KITAKYUSHU, Japan - Members of an organizing committee for the fifth national "gyoza" dumpling festival pose before a huge iron pan in Kitakyushu, Fukuoka Prefecture, on Sept. 16, 2014. Capable of making 1,000 dumplings at a time and manufactured in cooperation with Nippon Steel & Sumitomo Metal Corp.'s local Yahata mill, the pan will be an eye-catcher in the festival to be held in the southwestern Japan city on Oct. 4 and 5.

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Nippon Steel shows U.S. plant run jointly with ArcelorMittal

Nippon Steel shows U.S. plant run jointly with ArcelorMittal

CALVERT, United States - A U.S. steel sheet plant in Calvert, Alabama, acquired jointly by Nippon Steel & Sumitomo Metal Corp. of Japan and ArcelorMittal S.A. of Luxembourg from Germany's ThyssenKrupp AG is shown to the press in this file photo taken on Oct. 8, 2013.

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Nippon Steel shows U.S. plant run jointly with ArcelorMittal

Nippon Steel shows U.S. plant run jointly with ArcelorMittal

CALVERT, United States - A senior official at a U.S. steel sheet plant in Calvert, Alabama, acquired jointly by Nippon Steel & Sumitomo Metal Corp. of Japan and ArcelorMittal S.A. of Luxembourg from Germany's ThyssenKrupp AG, briefs reporters in this file photo taken on Oct. 8, 2013.

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15 workers injured in blast at Nippon Steel plant

15 workers injured in blast at Nippon Steel plant

NAGOYA, Japan - Smokes are seen rising from a Nippon Steel & Sumitomo Metal Corp. plant in Tokai, Aichi Prefecture, on Sept. 3, 2014, following a blast near its coke oven. A total of 15 workers were injured, five of them seriously.

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KDDI, Sumitomo ink deal with Myanmar telecom for mobile phone service

KDDI, Sumitomo ink deal with Myanmar telecom for mobile phone service

NAYPYIDAW, Myanmar - Hidehiko Tajima (L), associate senior vice president of Japan's KDDI Corp., speaks at a news conference in the Myanmar administrative capital of Naypyidaw on July 16, 2014. Tajima said KDDI and Sumitomo Corp. signed an agreement with state-run Myanmar Posts and Telecommunications to jointly operate a mobile phone service in Myanmar.

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Shale gas expected to boost demand for steel pipes

Shale gas expected to boost demand for steel pipes

TOKYO, Japan - Nippon Steel & Sumitomo Metal Corp.'s steel pipes are seen in this photo taken in December 2013 in Wakayama City. The demand for the pipes is expected to grow in light of an increase in businesses related to shale gas.

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Fire at Nippon Steel & Sumitomo Metal plant

Fire at Nippon Steel & Sumitomo Metal plant

TOKYO, Japan - Photo from a Kyodo News helicopter shows a fire having broken out at a steel plant of Nippon Steel & Sumitomo Metal Corp. in Tokai, Aichi Prefecture, central Japan, on Jan. 17, 2014.

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Fire at Nippon Steel & Sumitomo Metal plant

Fire at Nippon Steel & Sumitomo Metal plant

TOKYO, Japan - Photo from a Kyodo News helicopter shows a fire having broken out at a steel plant of Nippon Steel & Sumitomo Metal Corp. in Tokai, Aichi Prefecture, central Japan, on Jan. 17, 2014.

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Nippon Steel & Sumitomo Metal's new president

Nippon Steel & Sumitomo Metal's new president

TOKYO, Japan - Kosei Shindo, vice president of Nippon Steel & Sumitomo Metal Corp., holds a press conference in Tokyo on Jan. 16, 2014, after being named president. Shindo will assume the presidency on April 1, replacing Hiroshi Tomono.

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Nippon Steel & Sumitomo Metal's new president

Nippon Steel & Sumitomo Metal's new president

TOKYO, Japan - Kosei Shindo, vice president of Nippon Steel & Sumitomo Metal Corp., holds a press conference in Tokyo on Jan. 16, 2014, after being named president. Shindo will assume the presidency on April 1, replacing Hiroshi Tomono.

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Nippon Steel to buy U.S. auto steel sheet plant

Nippon Steel to buy U.S. auto steel sheet plant

TOKYO, Japan - Shinya Higuchi, vice president of Nippon Steel & Sumitomo Metal Corp., holds a press conference in Tokyo on Nov. 30, 2013. Higuchi said Nippon Steel has agreed to acquire Germany's ThyssenKrupp AG's U.S. automobile steel sheet plant jointly with ArcelorMittal S.A. for about $1.55 billion.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka (2nd from R) holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day. At right is Yasuhiro Yamashita, a 1984 Olympic judo gold medalist who became vice president of the federation. At left is Hiromasa Uno, who was named secretary general, and 2nd from left is Yasuhiro Chikaishi, who was chosen as executive director.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka (L) holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day. At right is Yasuhiro Yamashita, a 1984 Olympic judo gold medalist who became the vice president of the federation.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Shoji Muneoka holds a press conference in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day.

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Japan judo federation renews leadership

Japan judo federation renews leadership

TOKYO, Japan - Photo shows Shoji Muneoka at the Kodokan hall in Tokyo on Aug. 21, 2013. The 67-year-old chairman of Nippon Steel & Sumitomo Metal Corp. was officially named chairman of the All Japan Judo Federation the same day.

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Ruling on wartime labor

Ruling on wartime labor

SEOUL, South Korea - Yeo Woon Taek (L), one of the plaintiffs in a wartime labor lawsuit, answers a reporter's question in front of the Seoul High Court on July 10, 2013. The court ordered the same day Nippon Steel & Sumitomo Metal Corp. to pay compensation to four South Koreans who were forced to work at the company's steel mill in Japan during Japan's colonial rule of the Korean Peninsula.

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Ruling on wartime labor

Ruling on wartime labor

SEOUL, South Korea - Yeo Woon Taek (2nd from R), one of the plaintiffs in a wartime labor lawsuit, raises his fist with supporters outside the Seoul High Court on July 10, 2013. The court ordered later the same day Nippon Steel & Sumitomo Metal Corp. to pay compensation to four South Koreans who were forced to work at the company's steel mill in Japan during Japan's colonial rule of the Korean Peninsula.

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Ruling on wartime labor

Ruling on wartime labor

SEOUL, South Korea - Yeo Woon Taek, one of the plaintiffs in a wartime labor lawsuit, speaks at a press conference on July 10, 2013. The Seoul High Court ordered the same day Nippon Steel & Sumitomo Metal Corp. to pay compensation to four South Koreans who were forced to work at the company's steel mill in Japan during Japan's colonial rule of the Korean Peninsula.

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Shale gas production in U.S.

Shale gas production in U.S.

PITTSBURGH, United States - Photo shows equipment at a shale gas production site in which Japanese trading house Sumitomo Corp. has acquired a stake, at the Marcellus Shale Fields in the state of Pennsylvania in the eastern United States on May 4, 2013.

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Shale gas production in U.S.

Shale gas production in U.S.

PITTSBURGH, United States - Photo shows equipment at a shale gas production site in which Japanese trading house Sumitomo Corp. has acquired a stake, at the Marcellus Shale Fields in the state of Pennsylvania in the eastern United States on May 4, 2013.

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NEC to raise 130 bil. yen from banks

NEC to raise 130 bil. yen from banks

TOKYO, Japan - Nobuhiro Endo, president of NEC Corp., holds a press conference in Tokyo on April 26, 2013. NEC said the same day it will raise a total of 130 billion yen from banks including Sumitomo Mitsui Banking Corp. and the Development Bank of Japan to improve its financial standing.

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Japan's biggest cable TV operator to merge with No. 2

Japan's biggest cable TV operator to merge with No. 2

TOKYO, Japan - Makoto Takahashi (L), senior vice president of KDDI Corp., and Yoshio Osawa, director, senior managing executive officer of Sumitomo Corp., shake hands in Tokyo on Oct. 24, 2012. Sumitomo and KDDI that day said they will merge their cable TV services by integrating Japan's biggest cable television operator Jupiter Telecommunications Co. and second-largest cable TV operator Japan Cablenet Ltd. around fall 2013.

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Nippon Steel, Sumitomo Metal merge

Nippon Steel, Sumitomo Metal merge

TOKYO, Japan - Nippon Steel & Sumitomo Metal Corp. Chairman Shoji Muneoka (R) and President Hiroshi Tomono shake hands in Tokyo on Oct. 1, 2012, after the company was established by the merger of major steelmakers Nippon Steel Corp. and Sumitomo Metal Industries Ltd. to become the world's second-largest steelmaker.

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Nippon Steel, Sumitomo Metal merge

Nippon Steel, Sumitomo Metal merge

TOKYO, Japan - Nippon Steel & Sumitomo Metal Corp. Chairman Shoji Muneoka (R) and President Hiroshi Tomono shake hands in Tokyo on Oct. 1, 2012, after the company was established by the merger of major steelmakers Nippon Steel Corp. and Sumitomo Metal Industries Ltd. to become the world's second-largest steelmaker.

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Ex-SMBC director Kimoto

Ex-SMBC director Kimoto

TOKYO, Japan - File photo shows Yasuyuki Kimoto, a former senior managing director of Sumitomo Mitsui Banking Corp. Olympus Corp. is making final arrangements to appoint Kimoto as its chairman as part of efforts to turn around the company's management following a scandal in which the Olympus covered up losses, company sources said on Feb. 22, 2012.

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FTC senior official Fukamachi

FTC senior official Fukamachi

TOKYO, Japan - Masanori Fukamachi, senior officer for mergers and acquisitions at the Economic Affairs Bureau of the Japan Fair Trade Commission, speaks during a press conference in Tokyo on Dec. 14, 2011. The antimonopoly watchdog announced the same day that it has conditionally approved the planned merger between Nippon Steel Corp. and Sumitomo Metal Industries Ltd., paving the way for the creation of the world's second-largest steelmaker by output.

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Nippon Steel, Sumitomo Metal to merge

Nippon Steel, Sumitomo Metal to merge

TOKYO, Japan - Nippon Steel Corp. President Shoji Muneoka (L) and Sumitomo Metal Industries Ltd. President Hiroshi Tomono shake hands at a hotel in Tokyo on Sept. 22, 2011. The two companies announced they have agreed to merge on Oct. 1, 2012, creating the world's second-largest steelmaker.

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Antitrust check on Nippon Steel-Sumitomo Metal merger

Antitrust check on Nippon Steel-Sumitomo Metal merger

TOKYO, Japan - Japan Fair Trade Commission Secretary General Takashi Yamamoto speaks at a press conference in Tokyo on Feb. 9, 2011. He said the antitrust watchdog will not only focus on domestic market share but also consider other factors when it decides whether to approve the planned merger of Nippon Steel Corp. and Sumitomo Metal Industries Ltd.

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Nippon Steel, Sumitomo Metal to merge

Nippon Steel, Sumitomo Metal to merge

TOKYO, Japan - Nippon Steel Corp. President Shoji Muneoka (L center) and Sumitomo Metal Industries Ltd. President Hiroshi Tomono (R center) speak to reporters after a press conference in Tokyo on Feb. 3, 2011. The No. 1 and No. 3 steelmakers in Japan announced the same day their plan to merge by Oct. 1, 2012, to become the world's second-largest steelmaker in terms of crude steel production capacity.

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Nippon Steel, Sumitomo Metal to integrate management

Nippon Steel, Sumitomo Metal to integrate management

TOKYO, Japan - Nippon Steel Corp. President Shoji Muneoka (L) and Sumitomo Metal Industries Ltd. President Hiroshi Tomono shake hands prior to a press conference in Tokyo on Feb. 3, 2011. The No. 1 and No. 3 steelmakers in Japan announced the same day their plan to integrate their management in October 2012 to become the world's second-largest steelmaker in terms of crude steel production capacity.

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Megabank personnel shake-up

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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Commuter train in Taiwan

Commuter train in Taiwan

NAGOYA, Japan - Photo shows an image of a commuter train to be built by Taiwan Rolling Stock Co., a joint venture between Japanese rail car manufacturer Nippon Sharyo Ltd., trading house Sumitomo Corp. and their Taiwanese partners. The two Japanese firms said Jan. 13, 2011 that the joint venture has won an order for 296 commuter train cars from the Taiwan Railways Administration.

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Kunibe to be appointed Sumitomo Mitsui Banking president

Kunibe to be appointed Sumitomo Mitsui Banking president

TOKYO, Japan - File photo shows Takeshi Kunibe, senior managing director of Sumitomo Mitsui Banking Corp. The company is considering appointing Kunibe to succeed President Masayuki Oku, company sources said Dec. 30, 2010.

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Agile robot helps keep office neat and tidy

Agile robot helps keep office neat and tidy

TOKYO, Japan - This undated photo shows an office cleaning robot that Fuji Heavy Industries Ltd. and Sumitomo Corp. unveiled as a joint product on Nov. 25, 2009. The companies will try to put the 95-kilogram robot, capable of making small turns between the legs of desks and chairs, into practical use in one year, with a price tag of 3-4 million yen.

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New Nikko Cordial kicks off operations as Sumitomo Mitsui unit

New Nikko Cordial kicks off operations as Sumitomo Mitsui unit

TOKYO, Japan - Eiji Watanabe (2nd from L), president of Nikko Cordial Securities, Sumitomo Mitsui Banking Corp. President Masayuki Oku (2nd from R) and other officials shake hands in front of the new logo of Nikko Cordial Securities Inc. at its headquarters in the Kabutocho financial district in Tokyo on Oct. 1, 2009. The company began operations the same day as a wholly owned unit of SMBC after the completion of the bank's acquisition of the retail brokerage house from Citigroup Inc. of the United States.

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

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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Banks start selling all types of insurance in Japan

Banks start selling all types of insurance in Japan

TOKYO, Japan - Sumitomo Mitsui Banking Corp. opens a corner for insurance products at its branch in Tokyo's Shibuya district on Dec. 22 as banks were allowed the same day to commence selling all types of insurance policies.

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SMBC Deputy President Nakano to become Kansai business group head

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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Fuji Heavy, Sumitomo jointly devise cleaning robot

Fuji Heavy, Sumitomo jointly devise cleaning robot

TOKYO, Japan - Fuji Heavy Industries Ltd. and Sumitomo Corp. said July 13 they have jointly developed an unmanned cleaning robot (in photo) that can even operate an elevator by means of optical signals to go upstairs or downstairs.

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Sumitomo to promote investment in resources development

Sumitomo to promote investment in resources development

TOKYO, Japan - Susumu Kato, president of major Japanese trading house Sumitomo Corp., said in a recent interview with Kyodo News that his company will promote the development of resources under its new business plan for fiscal 2007 and 2008 that sets aside around 600 billion yen for investment and loans. The interview was conducted after Kato assumed the post of president in June.

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Sumitomo to appoint Vice President Kato as new president

Sumitomo to appoint Vice President Kato as new president

TOKYO, Japan - Outgoing Sumitomo Corp. President Motoyuki Oka (L) poses with his appointed successor, Executive Vice President Susumu Kato, 59, at a news conference in Tokyo on May 7. Sumitomo said Kato's appointment will be formalized at the company's shareholders meeting in June. Oka, 63, is slated to become board chairman.

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Sumitomo Mitsui, S. Korea's Kookmin sign tie-up deal

Sumitomo Mitsui, S. Korea's Kookmin sign tie-up deal

SEOUL, South Korea - Masayuki Oku (L), president of Japan's Sumitomo Mitsui Banking Corp., and Kang Chung Won, president of South Korea's Kookmin Bank, shake hands in Seoul on March 12 after signing a tie-up accord.

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Sumitomo, Nippon Paper, Rengo to form trilateral tie-up

Sumitomo, Nippon Paper, Rengo to form trilateral tie-up

TOKYO, Japan - Kiyoshi Otsubo (L), president of Rengo Co., Motoyoshi Oka (C), president of Sumitomo Corp., and Masatomo Nakamura, president of Nippon Paper Group Inc., shake hands during a press conference in Tokyo on Nov. 20 at which they announced the companies have agreed to form a trilateral tie-up in an attempt to sharpen their competitiveness and better cope with growing demand for paper products in Asia.

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