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SMBC midyear net profit jumps 61.3%

TOKYO, Japan - Sumitomo Mitsui Banking Corp. (SMBC) President Yoshifumi Nishikawa announces in Tokyo on Nov. 25 that the bank's group net profit in the first half of fiscal 2002 rose 61.3% from a year earlier, improving sharply from a 68.1% drop the previous midyear and a 463.89 billion yen full-year loss posted in fiscal 2001.

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NTT posts 1st-ever revenue fall in midyear results

TOKYO, Japan - Norio Wada (L), president of Nippon Telegraph and Telephone Corp. (NTT), speaks at a press conference in Tokyo's Chuo Ward on Nov. 18 about the company's midterm earnings report.

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NTT posts 1st-ever revenue fall in midyear results

TOKYO, Japan - Norio Wada (L), president of Nippon Telegraph and Telephone Corp. (NTT), speaks at a press conference in Tokyo's Chuo Ward on Nov. 18 about the company's midterm earnings report. (Kyodo)

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SMBC midyear net profit jumps 61.3%

TOKYO, Japan - Sumitomo Mitsui Banking Corp. (SMBC) President Yoshifumi Nishikawa announces in Tokyo on Nov. 25 that the bank's group net profit in the first half of fiscal 2002 rose 61.3% from a year earlier, improving sharply from a 68.1% drop the previous midyear and a 463.89 billion yen full-year loss posted in fiscal 2001. (Kyodo)