TOKYO — Elliott Investment Management told Sumitomo Realty & Development that its business plan “lacks both ambition and urgency,” the U.S. investor said in a statement issued Tuesday.
US investor says plan to boost value ‘lacks both ambition and urgency’
Elliott’s statement on Sumitomo Realty’s newly announced policy critiques its scope and pace of implementation. (Photo courtesy of Elliott Investment Management)
MOE SAITO
August 13, 2025 01:32 JST