SMFL is positioned as a strategic business with the joint participation of Sumitomo Mitsui Financial Group, Inc., and Sumitomo Corporation. The principal strength of SMFL is its ability to access the capabilities of a Japan-based megabank, with its broad client base and fund-raising capabilities, and the global network and information gathering strengths of one of Japan’s leading general trading companies.
In June 2012, in our aircraft leasing business, the consortium formed by SMFL, Sumitomo Mitsui Banking Corporation, and Sumitomo Corporation acquired a leading global aircraft leasing company, and commenced aircraft leasing operations through SMBC Aviation Capital Limited.
In the solar power generation business, in cooperation with Sumitomo Corporation, SMFL has participated in the Osaka Hikari-no-Mori Project, which is a 10-megawatt solar power generating facility located in the Osaka Bay area, Yumeshima, that began operations in October 2013. This project is a joint undertaking involving the participation of both public- and private-sector interests and has been named the “Osaka Forest of Light Project.”
SMFL will continue to realize synergies among its Group companies and offer its customers the best financial and business solutions as it makes social contributions to the environment and regional areas.