Sumitomo Mitsui Card Company, Limited

As the pioneer in the issuance of the Visa Card in Japan and a leader in the domestic credit card industry, Sumitomo Mitsui Card Company, Limited enjoys the strong support of its many customers.

It also plays a major role as one of the strategic businesses of SMFG. Leveraging its strong brand image and its excellent capabilities across a wide range of card-related services, the company meets customers’ credit needs through the provision of settlement and financing services.

Specifically, the company is focusing its efforts on a basic strategy of strengthening its earnings power through various initiatives to increase the number of cardholders and affiliated merchants, as well as to become the card provider of choice among a growing number of users. In fiscal 2005, jointly with NTT DoCoMo, Inc., the company developed Mitsui Sumitomo Card iD®, a new electronic credit settlement service employing NTT DoCoMo’s Mobile Wallet (“Osaifu-Keitai®”) phones, and this has proved popular.

Sumitomo Mitsui Card has entered into an alliance with China UnionPay Co., Ltd., which operates an inter-bank settlement network in China. Under the agreement, the two companies have begun offering a new type of settlement service for Chinese tourists visiting Japan.

Sumitomo Mitsui Card is also actively marketing services in the field of payment of utility charges, hospital bills, and so on. The company is making every effort to match its credit card services to the diverse lifestyles of its customers, and to ensure all services are safe, convenient and attractive.