Toyota chairman coming under pressure due to scandals [Yahoo! Finance]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
US:NYSE Investor Relations:
smfg.co.jp/english/investor
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Source: Yahoo! Finance
significantly since a series of widely reported vehicle safety certification scandals came to light over the last year, which caused lengthy production suspensions of a number of key models this year. Toyota reported a 4% drop in global group sales to 6,976,035 units in the first eight months of 2024, with sales in Japan down by 18% at 932,154 units. The popular Corolla Fielder, Corolla Axio and Yaris Cross were the latest models to be suspended, between June and September. Earlier in the year production of several models at the company's small car subsidiary Daihatsu was also suspended for over three months. Local reports this week suggested that large institutional investors including Nissay Asset Management Corporation, Mitsubishi UFJ Asset Management Company, Sumitomo Mitsui DS Asset Management Company and Fukoku Capital Management Inc, opposed the reappointment of Akio Toyoda as the company's chairman at this year's shareholders' meeting in June. Akio Toyoda is the grandson o
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News
- More Stocks Trade Below Book Value in Japan Despite Reforms [Yahoo! Finance]Yahoo! Finance
- Top Japan Bankers Predict Share Gains, BOJ Rates at 1% [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Top Japan Bankers Predict More Share Gains, BOJ Rates at 1% [BNN Bloomberg (Canada)]BNN Bloomberg
- Here's why Japan's stocks are plunging after Shigeru Ishiba's win [CNBC]CNBC
- SMBC Group and Infcurion Sign Capital and Business AlliancePR Web
SMFG
Sec Filings
- 10/1/24 - Form 424B3
- 8/14/24 - Form 6-K
- 8/13/24 - Form 13F-HR
- SMFG's page on the SEC website