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Sumitomo Mitsui Financial Group Inc (8316.T)

8316.T on Tokyo Stock Exchange

4,034JPY
26 May 2017
Change (% chg)

¥-26 (-0.64%)
Prev Close
¥4,060
Open
¥4,042
Day's High
¥4,059
Day's Low
¥4,031
Volume
4,080,100
Avg. Vol
7,181,300
52-wk High
¥4,768
52-wk Low
¥2,766

Latest Key Developments (Source: Significant Developments)

Beaglee confirms to issue 152,900 shares to SMBC Nikko Securities
Friday, 14 Apr 2017 06:06am EDT 

Beaglee Inc <3981.T> : Says it received notice from SMBC Nikko Securities Inc., confirming shares subscription . Says it will issue 152,900 news shares at the price of 1,547 yen per share, or for 236.5 million yen in total, private placement to SMBC Nikko Securities Inc. . Says subscription date April 18 and payment date April 19 .Proceeds is used for financial instrument and advertising expense.  Full Article

Wesco Holdings to form alliance with SMBC Trust Bank Ltd on aquariums business
Tuesday, 21 Mar 2017 03:17am EDT 

Wesco Holdings Inc <6091.T>:Says the co to form alliance with SMBC Trust Bank Ltd on development of aquariums business on March 30.  Full Article

R&I affirms Sumitomo Mitsui Financial Group Inc's rating at "A+" and announces stable outlook -R&I
Friday, 4 Nov 2016 02:00am EDT 

Sumitomo Mitsui Financial Group Inc <8316.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I .Rating outlook stable -R&I.  Full Article

Two more lenders in talks to acquire stake in Bank of Yokohama asset manager - Nikkei
Wednesday, 10 Aug 2016 01:15pm EDT 

Nikkei: Two more lenders seen linking with Bank of Yokohama asset manager - Nikkei . The parent of Tokyo Tomin Bank and Yachiyo Bank is in talks to take stake in an asset management firm owned by Bank of Yokohama and others - Nikkei . Tokyo TY Financial Group is expected to buy about 15% of the shares in Sky Ocean Asset Management as early as this month - Nikkei . Bank of Yokohama and Sumitomo Mitsui Trust Bank, which established Sky Ocean in November 2014, now own 40% and 30% of the firm, respectively - Nikkei .Tokyo TY Financial will sell diversified mutual funds managed by Sky Ocean through its two banking units - Nikkei.  Full Article

Sumitomo Mitsui Banking's Thailand customers to be able to make deposits through Bangkok Bank branches - Nikkei
Wednesday, 3 Aug 2016 09:36am EDT 

Nikkei:Sumitomo Mitsui Banking Corp.'s customers in Thailand will soon be able to make deposits through branches of Bangkok bank - Nikkei.  Full Article

Mitsubishi UFJ Financial group's net profit fell just short of 190 bln yen for Apr-June qtr- Nikkei<8306.T><8316.T><8411.T>
Tuesday, 26 Jul 2016 05:43pm EDT 

Nikkei: Mitsubishi UFJ Financial Group's net profit fell just short of 190 billion yen for April-June quarter - Nikkei . Sumitomo Mitsui Financial Group earned net profit between 180 billion yen and 190 billion yen for April-June quarter - Nikkei . Mizuho Financial Group's net profit apparently tumbled 20% or so, coming to between 120 billion yen and 130 billion yen for April-June quarter - Nikkei .  Full Article

Unit of Sumitomo Mitsui Financial expand into agriculture through rice farming JV - Nikkei
Tuesday, 14 Jun 2016 03:32pm EDT 

Nikkei:Unit of Sumitomo Mitsui Financial Group will establish joint venture with farming business in Akita prefecture, Akita Bank and NEC Group - Nikkei.  Full Article

GMO Payment Gateway forms business and capital alliance with GMO Internet Inc, Sumitomo Mitsui Financial Group Inc and SUMITOMO MITSUI BANKING CORPORATION
Tuesday, 9 Jun 2015 02:30am EDT 

GMO Payment Gateway Inc:Forms a business and capital alliance with parent company GMO Internet Inc, as well as Sumitomo Mitsui Financial Group Inc and SUMITOMO MITSUI BANKING CORPORATION on June 9.Through the business alliance, GMO Payment Gateway and SUMITOMO MITSUI BANKING CORPORATION will establish a new joint venture, which will be engaged in the credit card agency business.SUMITOMO MITSUI BANKING will provide customer introduction to the joint venture, GMO Payment Gateway will provide settlement agency system to the joint venture, respectively.Through the capital alliance, GMO Payment Gateway will issue 1,250,800 new shares SUMITOMO MITSUI BANKING, and 1,336,500 new shares to GMO Internet Inc, through private placement.Issue price is 3,092 yen per share, or 7,999,931,600 yen in all.Effective date June 25.After the transaction, SUMITOMO MITSUI BANKING will hold 3.36 pct stake in GMO Payment Gateway.  Full Article

More From Around the Web

Japan bank SMFG's annual profit up 9.3 pct, sees it falling this year

TOKYO, May 15 Sumitomo Mitsui Financial Group (SMFG) reported on Monday a 9.3 percent rise in net profit for the year ended in March, thanks mostly to the absence of hefty provisions booked in the previous year.