Company Profile
Sumitomo Mitsui Financial Group| December 2002 |
Sumitomo Mitsui Financial Group, Inc. (SMFG) is established through a share transfer from Sumitomo Mitsui Banking Corporation. SMFG's shares become listed on the first section of the Tokyo Stock Exchange, the Osaka Securities Exchange and the Nagoya Stock Exchange. |
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| February 2003 |
Sumitomo Mitsui Card Company, Limited, SMBC Leasing Company, Limited, and The Japan Research Institute becomes wholly-owned subsidiaries of SMFG |
| June 2004 |
Reached an agreement to form a strategic alliance with Promise Co., Ltd. on consumer finance business. (Started collaborative business in April 2005.) |
| April 2005 |
Reached an agreement to form a strategic alliance with NTT DoCoMo on credit card business. (Transferred a portion of the shares of Sumitomo Mitsui Card held by SMFG to NTT DoCoMo, and Sumitomo Mitsui Card issued new shares and allocated them to NTT DoCoMo by means of third party allocation in July 2005. Started collaborative business in December 2005.) |
| September 2006 |
SMBC Friend Securities becomes a wholly-owned subsidiary of SMFG |
| October 2007 |
Sumitomo Mitsui Finance and Leasing Company, Limited is formed by the merger of SMBC leasing Company Limited and Sumisho Lease |
| October 2009 |
Nikko Cordial Securities Inc. (current SMBC Nikko Securities Inc.) becomes a wholly-owned subsidiary of SMBC |
| November 2010 |
SMFG’s America Depositary Receipts (ADRs) become listed on the New York Stock Exchange |
