Sumitomo Mitsui Financial Group

Established renewable energy technologies for a greener future

Current-gen renewables

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 Canadian Solar Inc. (Nasdaq: CSIQ) is a leading global manufacturer of solar photovoltaic modules and provider of solar energy solutions. Founded in 2001 by Dr. Shawn Qu in Ontario, Canada, the company has grown to become one of the top solar panel producers worldwide, with a presence in over 160 countries and employing more than 13,500 people globally.
 
 
 
 
 Canadian Solar offers a diverse range of solar panels and energy storage solutions for various applications, including residential, commercial, and utility-scale projects. The company's product line encompasses solar modules with outputs ranging from 300 to 600 watts and efficiencies between 19% and 21.3%. Canadian Solar also manufactures bifacial modules capable of generating up to 30% more energy by capturing light from both sides.
 
 
 
 
 One of Canadian Solar's strengths lies in its excellent performance in low-light conditions, ensuring consistent energy production even on cloudy days or during winter months. The company's solar panels meet international quality and safety standards, offering reliable performance at competitive prices. Canadian Solar has an extensive global production footprint with 20 manufacturing facilities across Asia and the Americas.
 
 
 
 
 As of 2023, Canadian Solar has developed more than 55 gigawatts (GW) of solar energy projects worldwide, cementing its position as a leading utility-scale solar PV project developer. The company has an impressive pipeline of 23.8 GW of solar projects and 27.5 GWh of energy storage projects under development.
 
 
 
 
 In 2024, Canadian Solar was recognized with the Top Brand PV Award US for its excellence in the renewable energy industry, underscoring its strong reputation and the trust it has built among customers and business partners globally.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Canadian Solar has established partnerships and delivered solar energy solutions to customers across various industries and regions worldwide. The company's diverse customer base spans residential, commercial, and utility-scale sectors, solidifying its position as a trusted provider of solar power solutions.
 
 
 
 
 In 2024, Canadian Solar expanded its joint venture partnership with BrightNight, surpassing their initial targets. The joint venture now encompasses a portfolio of 30 projects with a combined capacity of over 18 GW across nine states in the US, including the Box Canyon site in Pinal County, Arizona.
 
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Cryptocurrencies

BitFlyer is a regulated cryptocurrency exchange headquartered in Tokyo, Japan. It was founded in 2014 by Yuzo Kano and Takafumi Komiyama, former employees of Goldman Sachs. BitFlyer operates cryptocurrency exchanges in Japan, the US, and Europe, facilitating trading of various digital assets like Bitcoin, Ethereum, Litecoin, and others.
The company's core offering is its trading platform that allows users to buy, sell, and exchange cryptocurrencies. It caters to both retail and institutional investors, providing spot trading, margin trading with leverage up to 4x, and futures trading. BitFlyer emphasizes security and regulatory compliance, implementing measures like cold storage of assets, multi-signature wallets, and adhering to Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.
In June 2024, BitFlyer acquired the Japanese subsidiary of the defunct crypto exchange FTX, intending to revamp it into a digital asset custodial firm targeted at institutional investors. This move aligns with BitFlyer's goal of offering services related to potential crypto asset spot ETFs if a legal system is established in Japan.

VPBank offers insurance, personal services, loans, electronic banking, and other products and services. VPBank is a joint-stock commercial bank in Vietnam. VPBank has achieved steady development throughout its history. Especially since 2010, VPBank has grown dramatically with the development and implementation of the strategic transformation program, with diligent support from consulting companies.

RCBC is the financial flagship company of the Yuchengco Group of Companies (YGC), one of the oldest and largest conglomerates.

SmartDrive is focused on the development of IoT technology solutions for automobiles. The company also develops a data platform that captures and analyzes big data collected from IoT devices. SmartDrive offers DriveOps, a technology solution that enables organizations to track GPS travel data of their vehicles and drivers, obtain notifications about vehicle inspection and repair, and track expense receipts; and DriveOn, a mobile application that enables individuals to find information related to speed, mileage, engine speed, and failures related to their driving. It develops BASE, a device that is installed on the car to obtain information for the DriveOn application. SmartDrive was founded in October 2013.

Karasawa Agricultural Machinery Service is a multi-faceted company that operates in the agricultural machinery, Internet, navigation, farmer's direct sales, and media industries. It sells new machines, repairs agricultural machinery, regenerates agricultural machinery, operates coin-operated rice mills, and conducts Internet business (web consulting, web shop management)

SBI R3 Japan is a provision of distributed ledger base platform Corda and related services.

TimeTree keeps families and groups organized. It also helps manage busy lives while sharing calendars, events, and more!

Canadian Solar is a solar power company that manufactures and sells solar cell and module products that convert sunlight into electricity for a variety of uses. Canadian Solar designs, manufactures, and sells a wide range of solar energy products, including solar modules, solar system kits, and solar power plants. They provide solar solutions for residential, commercial, and industrial customers, as well as utility-scale power projects. The company's solar modules are widely used in various applications, including grid-tied solar power plants, off-grid systems, and residential rooftop installations. In addition to manufacturing solar modules, Canadian Solar is also involved in the development and operation of solar power projects. They develop and build solar power plants globally, contributing to the expansion of renewable energy infrastructure.

bitFlyer is a Bitcoin exchange and marketplace that enables its customers to buy, sell, and spend bitcoins. The site offers an Application Programming Interface which allows the clients to access and control their accounts, using custom-written software. In addition, it offers businesses e-commerce payment services that can transfer Bitcoin in order to provide users with secure trading by all possible measures of security as a comprehensive platform of Bitcoin. Crowdfunding site fundFlyer is used to publicize and generate awareness for their favorite projects and initiatives, all while raising funds in Bitcoin. bitFlyer was established in January 2014 and is headquartered in Tokyo, Japan.

Kyash is a fintech startup in challenger bank space currently offering digital wallet app. It has built proprietary full-stack banking infrastructure from the ground up to offer mobile-first consumer-facing digital wallets in Japan. Kyash was founded on January 23, 2015, and is based in Tokyo, Japan.

Axiata is one of the largest Asian telecommunications companies. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. In addition, the Malaysian-grown holding company has a stake in mobile telecommunication operations in Thailand.

ELIIY Power is a manufacturing and sales of large lithium-ion batteries and power storage system.

JSOL Corporation is a group company of NTT DATA and The Japan Research Institute. By matching the advanced technology and business know-how developed during our days as The Japan Research Institute in a broad array of fields from finance and public services to production with the all-encompassing power of the NTT DATA Group, JSOL is able to provide solutions that further increase mobility and expertise. Each and every member of the Company is an outstanding expert and JSOL has become a ICT service coordinator, offering high-quality ICT services.

Sumitomo Mitsui Financial Group primarily conducts commercial banking through the following financial services such as leasing, securities, consumer finance, system development, and data processing. The company was founded in 2002 and is headquartered in Tokyo, Japan.

<div> Sumitomo Mitsui Financial Group primarily conducts commercial banking through the following financial services such as leasing, securities, consumer finance, system development, and data processing. The company was founded in 2002 and is headquartered in Tokyo, Japan. </div>

Sumitomo Mitsui Financial Group’s $1 Billion Perpetual Subordinated Notes Offering

Making banking work, without the paperwork

Neobanks

Platforms offering digital checking and savings accounts that target all types of individual consumers

Platforms offering digital checking and savings accounts that target businesses and freelancers

Platforms offering loans and/or other forms of credit to consumers, solely via digital channels

Platforms offering loans and/or other forms of credit to businesses, solely via digital channels

Platforms offering digital checking and savings accounts that target niche consumer segments with specific interests such as kids, teens, and ethnic minority groups

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

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 <ul>
 <li>Jenius Bank, the US digital banking unit of Sumitomo Mitsui Financial Group (SMFG), has launched a new FDIC-insured savings account. Individuals can open this account with any amount they choose.</li>
 <li>The account does not impose minimum balance requirements or charge hidden fees such as monthly withdrawals, inactivity, overdrafts, account opening, or closing fees. Moreover, it claims to offer market-leading rates on savings accounts.</li>
 </ul>
</div> Analyst QuickTake: SMFG launched Jenius Bank as part of its strategic move to diversify its revenue away from its domestic market, which is facing a decreasing population and a prolonged period of low interest rates. In July 2023, Jenius Bank started off by offering <a href="https://sp-edge.com/updates/20091"> personal loans </a> as its inaugural product.&nbsp;

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