Sumitomo CEO on Growth Areas, Weak Yen Impact

Name: Sumitomo CEO on Growth Areas, Weak Yen Impact
Uploaded: 2024-07-03T12:34:24.284Z
Duration: 8 min 13 s
Channel: Invest Insight
Description: One of Warren Buffett’s favorite Japanese trading houses, Sumitomo says a weaker yen is good for the company, but a prolonged depreciation is worrisome for the future of Japan. CEO Shingo Ueno spoke exclusively with Bloomberg's Shery Ahn at Sumitomo's headquarters in Tokyo about the firm's strategy and expansion plans, amid yen weakness.

Invest Insight

3 Video Views·Jul 3, 2024

One of Warren Buffett’s favorite Japanese trading houses, Sumitomo says a weaker yen is good for the company, but a prolonged depreciation is worrisome for the future of Japan. CEO Shingo Ueno spoke exclusively with Bloomberg's Shery Ahn at Sumitomo's headquarters in Tokyo about the firm's strategy and expansion plans, amid yen weakness.