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Japanese Megabank SMFG to Invest ¥1 Tril. in IT Over 3 Years, with Focus on AI

21 7
06.12.2025

The Yomiuri Shimbun

13:54 JST, December 5, 2025

Sumitomo Mitsui Financial Group Inc. is planning to invest about ¥1 trillion in generative AI and other aspects of information technology over the next three fiscal years, according to sources.

It will be one of the largest investments conducted by a major domestic financial institution in the IT field. SMFG aims to........

© The Japan News