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住友商---大幅続伸、米エリオットが数百億円規模を投資と伝わる

Sumitomo Corporation --- Significant growth continues, US Elliot is reported to have invested tens of billion yen

Fisco Japan ·  Apr 29 23:55


Sumitomo Corporation (8053) continued to increase drastically. It has been revealed that Elliot Management, a US hedge fund known as an activist, has invested tens of billion yen in the company's shares. Recently, the fund has been actively investing in Japanese stocks, such as Mitsui Fudosan and Dai Nippon Printing. The company also has lower PBR levels compared to other major general trading companies, which seems to lead to a sense of expectation for financial results announcements on 5/2.

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