Sumitomo Mitsui Financial Group (SMFG) - Share Chat

Very diversified and undervalued financial group they re-formed as a keiretsu after they were broken up by the Americans when they broke up the zaibatsu’s after WWII. PE Ratio of 8.26. PB of 0.48 with a div yield of 4.51%

They are the owners of Mazda (see below) plus they own Asahi which is a great beer!

Nice, I never knew! Mazda terrible cars though and from now on I will try to stay away from Asahi ! :sweat_smile:

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