[Sumitomo Mitsui Financial Group, Inc.]Dissolution of Sakura Capital Funding (Cayman) Limited(1/1)
Sumitomo Mitsui
Financial Group, Inc.
Dissolution
of Sakura Capital Funding
(Cayman) Limited
1. Name
of the Subsidiary
Company
Name
|
Sakura
Capital Funding (Cayman) Limited
|
Location
|
P.O. Box309, Ugland House, South Church
Street, George Town, Grand Cayman, Cayman Islands, British West Indies
|
Representative
|
Takeshi
Kunibe
|
2.
Reason for Dissolution
SMBC
decided to dissolve the Subsidiary because all the subordinated notes issued by
the Subsidiary had been redeemed.
3. Profile
of the Subsidiary
Business
|
Finance
|
Date
of Establishment
|
|
Paid-in
Capital
|
USD
100 thousand?
|
Shareholders’
Equity
|
USD
118 thousand?as
of the end of December 2005?
|
Total
Assets
|
USD
86,066 thousand?as
of the end of December 2005?
|
Fiscal
Year End
|
December
31
|
Number
of Employees
|
0?as
of the end of December 2005?
|
Shareholder
|
100%
owned by SMBC
|
Recent
Financial Performance
(Fiscal
Year ended December 2005?
|
Ordinary
Profit: USD 5 thousand
Net
Income: USD 5 thousand
|
4. Date of Dissolution
May,
2007(Planned)
5. SMFG’s Earnings
Forecasts
There
is no revision to SMFG’s earnings forecasts for the year ending
