Sumitomo boosts capital efficiency by actively shifting assets: CEO

Interview'Time to shift from defense to offense,' Japan trading house's Shingo Ueno saysIncreased shareholder returns will not hinder investments, since greater growth is anticipated, said Sumitomo President and CEO Shingo Ueno. (Photo by Hazumu Urushiyama)KENTO HIRASHIMASeptember 1, 2026 22:42 JSTTOKYO -- Sumitomo Corp. has moved from "defense to offense" in the seven years since Warren Buffett's Berkshire Hathaway first invested in it, President and CEO Shingo Ueno of the Japanese trading house told Nikkei in a recent interview.