Sumitomo Pharmaceuticals and Sumitomo Chemical's Tokyo intraday stock prices both fell by at least 4.2% after US bear agency Gotham City Research released reports targeting the two Japanese companies. A Sumitomo Chemical spokesperson declined to comment on the report, and a Sumitomo Pharmaceuticals spokesperson has yet to respond.

Sumitomo Pharmaceuticals and Sumitomo Chemical's Tokyo intraday stock prices both fell by at least 4.2% after US bear agency Gotham City Research released reports targeting the two Japanese companies. A Sumitomo Chemical spokesperson declined to comment on the report, and a Sumitomo Pharmaceuticals spokesperson has yet to respond.