Tag - sumitomo

 
 

SUMITOMO

Japan Times
BUSINESS / Companies
Dec 11, 2019
Sumitomo to build hotels with over 1,700 rooms at Tokyo's Haneda Airport
Two hotels, with a total of more than 1,700 rooms, will be built in Tokyo at Haneda Airport, according to Sumitomo Realty and Development Co.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Japan's banks charging more fees to cover slumping revenue
Some banks are levying more fees as a way to cover plunges in revenue, with industry leader MUFG Bank considering a maintenance charge for inactive accounts.
Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
Japan Times
BUSINESS / Companies
Dec 6, 2019
Banks to extend loan deadline again for struggling Japan Display
Three major lenders for Japan Display Inc. plan to extend their credit deadlines again to bolster the struggling display-maker's financing as a rescue plan from new investors has yet to be finalized, sources close to the matter said Friday.
Japan Times
BUSINESS / Economy
Dec 6, 2019
Japan bank Sumitomo Mitsui says it takes more than changing dress code to shake things up
Japan's second-largest bank wants to change the mindset of its staff.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
Japan Times
BUSINESS / Companies
Nov 13, 2019
Sumitomo to invest in Taiwan's top electric bus-maker
Trading house Sumitomo Corp. will spend some ¥500 million ($4.5 million) by February 2020 to acquire a 6.7 percent stake in Taiwan's top electric bus-maker, RAC Electric Vehicles Inc.
BUSINESS
Oct 17, 2019
Vietnam to get Japan's first exported Earth observation satellite as part of disaster prevention initiative
A Japan-developed weather satellite will be exported to Vietnam under a Japanese public-private initiative, it was learned Wednesday.
Japan Times
BUSINESS / Tech
Aug 1, 2019
Japan parts makers literally reinventing the wheel to keep up with shift to autonomous cars
The car industry is reinventing the wheel to prepare for autonomous vehicles.
Japan Times
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
BUSINESS
Jul 9, 2019
Japan grants certification for first time to 'information banks'
The Information Technology Federation of Japan has certified FeliCa Pocket Marketing Inc. and Sumitomo Mitsui Trust Bank as "information banks" to allow companies to use personal data for business purposes.
Japan Times
BUSINESS / Economy
Jul 5, 2019
S&P warns it could be bubble time again for Japan's real estate companies as debts rise
Japan's real estate firms are entering dangerous territory. That's the assessment of S&P Global Ratings, which said in a report Friday that the sector's debt levels now eclipse that of the nation's bubble era.
Japan Times
BUSINESS / Companies
Jul 2, 2019
Sumitomo Life buys 25% stake in fintech startup Singapore Life
Sumitomo Life Insurance Co. has purchased a stake of about 25 percent in Singapore Life Pte. for $90 million in a drive to capitalize on the fintech startup's long-term growth.
Japan Times
JAPAN
Jun 19, 2019
Sumitomo under fire over labor dispute and rights abuses at Philippines banana plantation
Two representatives from a Philippines labor union on Tuesday protested what they claim are unfair labor practices and human rights abuses at a banana plantation run by a fruit company affiliated with Sumitomo Corp.
Japan Times
JAPAN / Science & Health
Jun 11, 2019
As its drug firms consider move to Tokyo, does Osaka have a future as a modern city of medicine?
The Doshomachi area of the city of Osaka has been the home and birthplace of many pharmaceutical companies since the Edo Period (1603-1868), including some of the leading drugmakers such as Ono Pharmaceutical Co.
Japan Times
BUSINESS / Companies / Regional voices: Chubu
Jun 11, 2019
Nagoya-based firm develops tech to let autonomous cars know if driver is holding the wheel
Sumitomo Riko Co., a Nagoya-based auto parts maker, has developed a system that can determine whether a driver is holding the steering wheel, a piece of technology that could prove to be indispensable for semi-automated cars.
Japan Times
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
Japan Times
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS / ANALYSIS
May 8, 2019
Japan's labor shortage eats away at backbreaking work culture
When she worked in sales for a bank, Chihiro Narazaki was passed over for the best assignments in favor of older colleagues. Her input was discouraged and she often stayed late just to do routine paperwork.

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