SMBC Group Received 2024 Award for Excellence in Corporate Disclosure from the Securities Analysts Association of Japan
Sumitomo Mitsui Financial Group, Inc. (President and Group CEO: Toru Nakashima,hereinafter the Group is collectively referred to as “SMBC Group”) received “2024 Award for Excellence in Corporate Disclosure” in the banking category for the fifth time by the Securities Analysts Association of Japan (SAAJ).
This award has been presented with the goal of promoting and improving corporate information disclosure. Companies are evaluated by securities analysts of each sector based on the following five criteria:
1)management's stance on investor relations, function of the company's investor relations department, and the company's basic stance on investor relations;
2)disclosure through investor meetings, interviews, and presentation materials;
3)fairness in disclosure;
4)disclosure related to ESG; and
5)voluntary disclosure based on the condition of each industry.
SMBC Group received high evaluation across all five criteria in a balanced manner.
SMBC Group recognizes that appropriate disclosure of corporate and management information is the foundation of our efforts to realize one of the statements posted in “Our Mission”: “We aim to maximize our shareholders' value through the continuous growth of our business.” We will aim to continuously enhance disclosure through investor meetings for both institutional and individual investors, conferences, one-on-one meetings, and other activities.
(Reference)
SAAJ “2024 Award for Excellence in Corporate Disclosure” https://www.saa.or.jp/english/advocacy/disclosure.html
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