Finance Sumitomo Mitsui Financial Group, Inc. Business Summary
Sumitomo Mitsui Financial Group, Inc. operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units. The Leasing segment provides leasing services that include equipment, operating, leveraged, and aircraft operating leases. The Securities segment offers financial products, investment consultation and administration services to individual and corporate customers. The Consumer Finance segment handles domestic credit card business, consumer loans and loan guarantee businesses. The company was founded on December 2, 2002 and is headquartered in Tokyo, Japan.
Financial Highlights
Mar 2023
JPY USD Revenue 5,826.39B 42,993.70M Gross Profit -- -- Operating income 1,149.63B 8,483.31M Income before tax 1,098.47B 8,105.76M Net income 805,843M 5,946.41M EBITDA -- -- Diluted EPS 590.25 4.35 Dividends Per Share 240 1.77 Total Assets 270,428.56B 2,031.92B Total liabilities 257,637.45B 1,935.81B Total equity 12,681.61B 95,285.98M Operating cash flow 1,853.78B 13,679.30M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
5,638.75B
4,493.78B
3,825.68B
4,021.15B
5,826.39B
Gross Profit
--
--
--
--
--
Operating income
1,177.22B
974,879M
754,530M
1,076.70B
1,149.63B
Income before tax
1,123.57B
888,646M
672,237M
929,588M
1,098.47B
Net income
726,681M
703,884M
512,813M
706,631M
805,843M
EBITDA
--
--
--
--
--
Diluted EPS
519.59
511.56
374.07
515.30
590.25
Dividends Per Share
180
190
190
210
240
Total Assets
203,659.14B
219,863.51B
242,584.30B
257,704.62B
270,428.56B
Total liabilities
192,207.53B
209,078.60B
230,685.26B
245,507.29B
257,637.45B
Total equity
10,773.07B
10,722.03B
11,828.21B
12,099.69B
12,681.61B
Operating cash flow
-154,633M
3,530.43B
-695,458M
507,312M
1,853.78B
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
50,847.84M
41,331.40M
36,071.81M
35,784.08M
42,993.70M
Gross Profit
--
--
--
--
--
Operating income
10,615.68M
8,966.40M
7,114.35M
9,581.51M
8,483.31M
Income before tax
10,131.94M
8,173.27M
6,338.42M
8,272.36M
8,105.76M
Net income
6,552.89M
6,473.93M
4,835.23M
6,288.28M
5,946.41M
EBITDA
--
--
--
--
--
Diluted EPS
4.68
4.70
3.52
4.58
4.35
Dividends Per Share
1.62
1.74
1.79
1.86
1.77
Total Assets
1,839.98B
2,036.62B
2,195.33B
2,123.21B
2,031.92B
Total liabilities
1,736.52B
1,936.71B
2,087.64B
2,022.71B
1,935.81B
Total equity
97,330.91M
99,319.47M
107,042.62M
99,688.49M
95,285.98M
Operating cash flow
-1,394.41M
32,471.00M
-6,557.37M
4,514.54M
13,679.30M
Valuation Measures
Mar 2023
PER 8.97 ROA 0.30% ROE 6.50% Operating margin 19.73% Profit margin 13.83%
Key executives
Executive President, CEO & Representative Director:
Jun Ohta
Group CFO, Director & Head-Public Relations:
Toru Nakashima
Group Chief Information Officer:
Shoji Masuda
Group Chief Compliance Officer:
Tetsuro Imaeda
Executive VP & Chief Human Resources Officer:
Toshikazu Yaku Shareholders
Nomura Asset Management Co., Ltd. (3.9%)
BlackRock Fund Advisors (3.3%)
Sumitomo Mitsui Financial Group, Inc. (2.5%)
The Vanguard Group, Inc. (2.5%)
Norges Bank Investment Management (1.7%)
Daiwa Asset Management Co. Ltd. (1.6%)
Nikko Asset Management Co., Ltd. (1.6%)
BlackRock Japan Co., Ltd. (1.3%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.8%)
Fidelity Management & Research Co. LLC (0.6%)
Contact Details Website: http://www.smfg.co.jp Address:
1-1-2 Marunouchi,
Chiyoda-Ku,
Tokyo,
100-0005,
Japan
Phone:
+81.3.3282.8111
Related Companies
SMFL(United States)
SMBC Asset Management Services (UK) Ltd.
DMM FinTech Co., Ltd.
SMFG Preferred Capital JPY 3 Ltd.
plus-medi-corp
Sumitomo Mitsui Financial Restricted Stock Compensation Plan
Sumitomo Mitsui Banking Corp. (Texas)
Liang Jing Co. Ltd.
SMBC Capital Partners LLC
SMBC Cayman LC Ltd.
Sakura Finance Asia Ltd. (Hong Kong)
Finecs Singapore Pte Ltd.
SMBC Management Service Co. Ltd.
PT SBCS Indonesia
Ivory Leasing Co., Ltd.
SMBC Preferred Capital JPY 2 Ltd.
SMBC Preferred Capital GBP 2 Ltd.
SMBC Preferred Capital USD 3 Ltd.
SMBC Preferred Capital USD 2 Ltd.
SMFG Preferred Capital JPY 2 Ltd.
SMBC Preferred Capital JPY 1 Ltd.
SMFG Preferred Capital JPY 1 Ltd.
SMBC Preferred Capital GBP 1 Ltd.
SMBC Preferred Capital USD 1 Ltd.
SMM Auto Finance, Inc.
Mithras Leasing (No.3) Ltd.
SMBC MVI SPC
SMBC Nikko Securities, Inc.
PT Perjahl Leasing Indonesia
SMBC Business Servicing Co., Ltd.
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 31 May, 2023
Take your reading anywhere with offline reading functions Never miss a story with breaking news alerts Customize your reading experience
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter
Free access for everyone - Sep. 30
Find out more
By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our
Cookie Policy
to learn how you can update your cookie settings.
Accept & Continue
Close