Sumitomo Mitsui owes more than the other banks, yet its profitability is very good. It's not surprising it wants to show it's eager to pay the debt as soon as possible. Owing the government gives a bad impression.
Sumitomo Mitsui owes more than the other banks, yet its profitability is very good. It's not surprising it wants to show it's eager to pay the debt as soon as possible. Owing the government gives a bad impression.
My favorite is Sumitomo Metal. They have a good seamless pipe technology. I was wondering about 5 to 7 years ago why this had not been evaluated in the market. They are finally collecting the fruit of this technology.
Sumitomo Mitsui stock outperformed even after the offer was announced. That means investors are confident in the bank's business outlook.
This moves Sumitomo Trust into a new field - consumer finance. It's not at all a bad move.
© 2020 Inspirational Stories
© 2020 Inspirational Stories