Sumitomo Mitsui Financial Group Inc (8316.T)
26 Sep 2016
Wed, Jul 27 2016
* Keeps full-year net profit forecast at Y700 bln (Adds full-year forecast, details)
TOKYO, July 27 Sumitomo Mitsui Financial Group , Japan's third-largest lender, said net profit fell 31 percent in the first-quarter, with returns on loans and bond investments hurt by the negative interest rate policy adopted by the country's central bank.
* Says the co set up an agency JV, which is engaged in fields of insurance, financial products, investment and bank, with Sumitomo Life Insurance Company On June 30
TOKYO, May 13 Japan's Sumitomo Mitsui Financial Group Inc (SMFG) on Friday said profit fell 14.2 percent in the last business year, missing analyst estimates, brought down by weakness in its lending and brokerage businesses.
TOKYO, May 12 Sumitomo Mitsui Financial Group (SMFG), Japan's No. 3 lender, said on Thursday it will adopt a western-style board structure that gives more power to outside directors as part of measures aimed at improving corporate governance.
BRIEF-Sumitomo Mitsui Financial Group's bottom line is seen at over 650 bln yen for year ended March 31- Nikkei
* Mitsubishi UFJ Financial Group expected to report consolidated net profit of around 950 billion yen ($8.74 billion) for year ended March 31 - Nikkei