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September 17, 2025
 

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SUMITOMO MITSUI

Japan Times
BUSINESS
Sep 24, 2022
SMBC Nikko to face administrative penalties over stock manipulation
Based on the recommendation, the Financial Services Agency is expected to impose penalties on the firm, including an order for the company to suspend part of its operations.
Japan Times
BUSINESS
Sep 14, 2022
Wall Street push by Japan banks under scrutiny as rates rise
Faced with ultralow interest rates and tepid loan demand at home, banks in Japan have been ramping up corporate lending and bond underwriting overseas.
Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS / Companies
Jan 14, 2022
Green push ending 150-year tradition of bank passbooks in Japan
The country's largest bank will soon require new clients to pay u00a5550 a year for a passbook in a bid to encourage them to embrace digital services.
Japan Times
BUSINESS / Companies
Dec 23, 2021
Sumitomo Mitsui CEO Jun Ohta still looking for more acquisition targets
The head of Japan's second-largest lender is seeking to broaden services across Asia, acquiring commercial banks and consumer-finance companies.
Japan Times
BUSINESS / Economy
Jul 1, 2021
Japan bank head says transition funds are critical for climate
Helping big polluters transform into greener enterprises is one of the biggest challenges facing domestic banks, says Makoto Takashima, chairman of the Japanese Bankers Association.
Japan Times
BUSINESS / Companies
Mar 1, 2021
Little-known fees help Japan's trust banks dominate profitable niche market
Insiders say an 'industry custom' of termination fees keeps profitable business in the hands of a few big trust banks because newcomers balk at the cost.
Japan Times
BUSINESS / Companies
Dec 22, 2020
Sumitomo Mitsui on hunt for Asian lender and U.S. partner for deals
The plans underscore how the bank is looking beyond the current dip to grow abroad, with low interest rates and a graying population hampering prospects at home.
Japan Times
BUSINESS
Dec 11, 2020
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
Having already divested trillions of yen under pressure from regulators and investors, megabanks are now down to a clutch of firms that are resistant to stake sales.
Japan Times
BUSINESS / Companies
Nov 26, 2020
Pandemic and internet banking push Japan’s lenders to revamp branches
Withdrawing or transferring cash through a bank teller could completely disappear in Japan within a few years as banks adapt branches for the digital age.
Japan Times
BUSINESS / Markets
Nov 14, 2020
Japanese banks warn of tougher road ahead after solid earnings
MUFG and Mizuho raised their full-year profit targets, thanks mainly to strong results from trading and serving cash-strapped corporate clients in the six months ended Sept. 30.
Japan Times
BUSINESS / Companies
Nov 11, 2020
Japanese banks to hit profit goals as stimulus curtails bad loans
Any moderation of bad-loan charges would mirror a trend seen around the world this earnings season, after banks from Singapore to the U.S. kept defaults at bay.
Japan Times
BUSINESS / Companies
Apr 28, 2020
In cash-loving Japan, banks still busy despite coronavirus emergency
Elderly customers, a general lack of enthusiasm for electronic money and increased free time see high customer traffic at banks despite stay-at-home requests.
Haneda Airport security staff arrested over theft
Tokyo police have arrested a 21-year-old security inspector at Haneda Airport after he allegedly stole cash from a passenger during a baggage inspection.
Japan's elderly population down at around 36.2 million
The estimated number of people age 65 or older in Japan stands at 36.19 million as of Monday, accounting for record 29.4% of the country's total population, according to the internal affairs ministry.
SDF spots China’s biggest aircraft carrier for first time
The Fujian aircraft carrier is seen in Shanghai in May 2024 as it leaves for its first sea trial.
White House threatens broad crackdown on liberal groups
FBI Director Kash Patel (right) listens to senior White House adviser Stephen Miller speak in the Oval Office of the White House in Washington on Monday.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Pole vault rivals in awe after Duplantis has another historic night in Tokyo
Sweden's Armand Duplantis competes in the men's pole fault final during the World Athletics Championships at National Stadium in Tokyo on Monday.
Japan's major art events converge this fall
Shinji Ohmaki’s “Tokinokage” exhibited at Fuji Textile Week 2021 shows the use of fabric as art.
Tara Davis-Woodhall leaps to gold and finds redemption at world championships
Tara Davis-Woodhall celebrates after winning the women's long jump final at the World Athletics Championships at Tokyo's National Stadium on Sunday night.
An aesthetic escape to Hakone’s art-drenched hills
Between traditional examples of fine art and sleek, modern exhibitions that blend with nature, Hakone offers a unique escape from Tokyo's urban sprawl.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’
By Alex K.T. Martin

SUSTAINABLE JAPAN

We are pleased to announce the winners of the 6th annual Sustainable Japan Award.
We are pleased to announce the winners of the 6th annual Sustainable Japan Award.

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