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🌏 | Sumitomo Mitsui invests in Vietnam's largest consumer finance company 1500 billion yen


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Sumitomo Mitsui invests in Vietnam's largest consumer finance company with a scale of 1500 billion yen

 
If you write the contents roughly
Sumitomo Mitsui says it expects to reach the profitability standard in the second year of investment.
 

[Tokyo XNUMXth Reuters] – Sumitomo Mitsui Financial Group is Vietnam's largest consumer finance company on the XNUMXth ... → Continue reading

 Reuters


Wikipedia related words

If there is no explanation, there is no corresponding item on Wikipedia.

Profitability criteria

Sumitomo Mitsui

Sumitomo Mitsui(Tomo MitsukiEnglish: Mitsui Sumitomo / Sumitomo Mitsui) IsMitsui Groupas well as the Sumitomo GroupBelong to bothCorporation.Sumitomo Mitsui(Sumi Tomomitsu,English: Sumitomo Mitsui).

Overview

Mitsui GroupCompanyIt was launched by the integration of Sumitomo Group companies.However, the two groups themselves are not integrated and are separate corporate groups.

About notation

It bears the title of "Sumitomo Mitsui"CompanyIt is,Company nameThe English translation of is the same as the Japanese notation (Sumitomo Mitsui), "Mitsui Sumitomo", and the reverse "Sumitomo Mitsui".The latter is due to the equal meaning that Mitsui is the first in Japanese notation, but Sumitomo is the first in English translation.It also means that Sumitomo is more famous internationally than Mitsui.Sumitomo Mitsui Banking Corporation[1]Such a notation has been continued since the inauguration of.

In a similar example, the Mitsui GroupDM Mitsui Sugar HoldingsMitsui DM Sugar Holdings Co., Ltd. and Co., Ltd.Isetan Mitsukoshi Holdings(Isetan Mitsukoshi Holdings Ltd.), Sumitomo GroupSumitomo Dainippon PharmaThere are corporations (Sumitomo Dainippon Pharma Co., Ltd.).

Major companies

SMBC Group

In the SMBC Group, Sumitomo Bank, Ltd. of Sumitomo Group became Sakura Bank, Ltd. of Mitsui Group.Absorption mergerSumitomo Mitsui Banking Corporation, which is the core[1]It is "Sumitomo Mitsui" from the background of its inauguration.The main companies are as follows.

Sumitomo Mitsui Trust Group

Sumitomo Mitsui Trust Group Co., Ltd. was established by Sumitomo Mitsui Trust Bank, Ltd., which is the core of Sumitomo Mitsui Trust Bank, Ltd. From the background, it is "Sumitomo Mitsui".The main companies are as follows.

MS & AD Insurance Group

The core of the MS & AD Insurance Group is the merger of Mitsui Sumitomo Insurance Co., Ltd. of the Mitsui Group with Sumitomo Sumitomo Insurance Co., Ltd. of the Sumitomo Group.Mitsui Sumitomo Insurance Co., Ltd.It is "Mitsui Sumitomo" from the background of the establishment of the corporation.The main companies are as follows.

Sumitomo Mitsui Construction Co., Ltd.

Sumitomo Mitsui ConstructionSumitomo Mitsui Construction Co., Ltd., which was established by the merger of Sumitomo Mitsui Construction Co., Ltd. of the Mitsui Group with Sumitomo Construction Co., Ltd. of the Sumitomo Group, is "Sumitomo Mitsui".

Sumitomo Metal Mining Co., Ltd.

Mitsui Sumitomo Metal Mining Copper Co., Ltd. (MITSUI SUMITOMO METAL MINING BRASS & COPPER CO., LTD.) Is a member of the Mitsui Group.Mitsui Mining & SmeltingSumitomo Metal Mining Copper Co., Ltd. of Sumitomo Group Co., Ltd.Absorption splitIt was succeeded and launched by, but it is "Mitsui Sumitomo".

Sumitomo Mitsui Auto Service Co., Ltd.

Sumitomo Mitsui Auto ServiceSumitomo Mitsui Auto Service Company, Limited is a Sumitomo Group's Sumitomo Auto Lease Co., Ltd. (currently Sumitomo Mitsui Financial Group).SMBC Group) Mitsui Sumitomo Bank Auto Lease Co., Ltd. was absorbed and merged to form "Sumitomo Mitsui".

Other anomalies

The following companies exist as anomalous things that are not "Sumitomo Mitsui" or "Sumitomo Mitsui".

Integration not realized

Mitsui GroupMitsui ChemicalsSumitomo Chemical Co., Ltd. and Sumitomo Group Co., Ltd. (currentlySumitomo ChemicalCo., Ltd.)2003It was planned to be integrated in October, but the same yearMay 3Announced to see off[2]..In addition, Sumitomo Mitsui Polyolefin Co., Ltd., in which both companies have invested,2003May 10Dissolved the business[3](The polyolefin business of Mitsui Chemicals, Inc.2005May 4ToNew divisionShi Co., Ltd.Prime polymerHas established[4]) Besides,Japan PolystyreneThe corporation has been dissolved and withdrew from the polystyrene business.[5].

Brand abbreviation in the financial instruments market

Financial instruments exchangeThe abbreviations of stocks in the financial instruments market (exchange financial instruments market) established bySumitomo Mitsui Construction Co., Ltd.Is "Sumitomo Mitsui" (Securities code: 1821), Sumitomo Mitsui Trust Holdings Co., Ltd. is "Sumitomo Mitsui Tora" (Securities Code: 8309), and Sumitomo Mitsui Financial Group Co., Ltd. is "Sumitomo Mitsui" (Securities Code: 8316) (in order of securities code).

By the way, the former Sumitomo Mitsui Banking Corporation[1]Is "SMBC",Mitsui Sumitomo Insurance Co., Ltd.Co., Ltd. and oldMitsui Sumitomo Insurance Group HoldingsAll corporations (currently MS & AD Insurance Group Holdings Inc.) are "Misumi MarineWas used.

Remarks

Mitsui Group Co., Ltd.MOLMitsui Shipbuilding Co., Ltd. of the Mitsui Group merged with Osaka Mitsui O.S.K. Lines (Sumitomo).1964It was established as Osaka Mitsui O.S.K. Lines Co., Ltd., and is a kind of Sumitomo Mitsui (Sumitomo Mitsui). Until 2009, the registered head office was located in Osaka City, the head office of the former Osaka Shosen, and the establishment of the (old) Osaka Shosen was the founding of the company.

Footnote

[How to use footnotes]
  1. ^ a b c Later Co., Ltd.Wakashio Bank(Currently Sumitomo Mitsui Banking Corporation) merged and disappeared.
  2. ^ “About seeing off business integration” (Press release), https://jp.mitsuichemicals.com/jp/release/2003/030331.htm 
  3. ^ “Dissolution of the polyolefin joint venture with Sumitomo Chemical” (PDF) (Press Release), https://jp.mitsuichemicals.com/jp/release/2003/pdf/030820.pdf 
  4. ^ "About the establishment of a polyolefin business joint venture between Mitsui Chemicals and Idemitsu Kosan" (PDF) (Press Release), https://jp.mitsuichemicals.com/jp/release/2004/pdf/041210.pdf 
  5. ^ “Withdrawal from the polystyrene business” (Press release), https://jp.mitsuichemicals.com/jp/release/2009/2009_0402.htm 

 

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