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DCM » Topics » About Sumitomo Mitsui Financial Group, Inc. (SMFG)

This excerpt taken from the DCM 6-K filed Apr 27, 2005.

About Sumitomo Mitsui Financial Group, Inc. (SMFG)

 

SMFG was established through a share transfer from Sumitomo Mitsui Banking Corporation (SMBC) on December 2, 2002. Sumitomo Mitsui Card Company, Limited, SMBC Leasing Company, Limited, and The Japan Research Institute, Limited became 100%-held subsidiaries of the holding company in February 2003.

 

As a holding company, SMFG has functions such as strategic planning, management, resource allocation, strategic planning of information systems, financial management, investor relations, risk management, human resource management for group executives, and business auditing of the group as a whole.

 

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