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

JPY | USD

	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

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Competitors

Last Updated on 31 May, 2023