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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 2021 JPYUSD
Revenue3,825.68B36,071.81M
Gross Profit----
Operating income754,530M7,114.35M
Income before tax672,237M6,338.42M
Net income512,813M4,835.23M
EBITDA----
Diluted EPS374.073.52
Dividends Per Share1901.79
Total Assets242,584.30B2,195.33B
Total liabilities230,685.51B2,087.65B
Total equity11,828.21B107,042.62M
Operating cash flow-695,458M-6,557.37M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 5,012.29B 5,664.11B 5,638.75B 4,493.78B 3,825.68B
Gross Profit -- -- -- -- --
Operating income 1,024.13B 1,222.11B 1,177.22B 974,879M 754,530M
Income before tax 979,305M 1,108.85B 1,123.57B 888,646M 672,237M
Net income 706,519M 734,369M 726,681M 703,884M 512,813M
EBITDA -- -- -- -- --
Diluted EPS 515.58 520.27 519.59 511.56 374.07
Dividends Per Share 150 170 180 190 190
Total Assets 197,791.61B 199,049.12B 203,659.14B 219,863.51B 242,584.30B
Total liabilities 186,557.32B 187,436.23B 192,207.53B 209,078.60B 230,685.51B
Total equity 9,735.02B 10,393.28B 10,773.07B 10,722.03B 11,828.21B
Operating cash flow -1,552.36B 27,681M -154,633M 3,530.43B -695,458M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 46,286.89M 51,105.19M 50,847.84M 41,331.40M 36,071.81M
Gross Profit -- -- -- -- --
Operating income 9,457.58M 11,026.66M 10,615.68M 8,966.40M 7,114.35M
Income before tax 9,043.56M 10,004.74M 10,131.94M 8,173.27M 6,338.42M
Net income 6,524.47M 6,625.94M 6,552.89M 6,473.93M 4,835.23M
EBITDA -- -- -- -- --
Diluted EPS 4.76 4.69 4.68 4.70 3.52
Dividends Per Share 1.38 1.53 1.62 1.74 1.79
Total Assets 1,775.03B 1,871.64B 1,839.98B 2,036.62B 2,195.33B
Total liabilities 1,674.21B 1,762.44B 1,736.52B 1,936.71B 2,087.65B
Total equity 87,364.46M 97,727.18M 97,330.91M 99,319.47M 107,042.62M
Operating cash flow -14,335.59M 249.75M -1,394.41M 32,471.00M -6,557.37M

Valuation Measures

Mar 2021
PER10.70
ROA0.22%
ROE4.54%
Operating margin19.72%
Profit margin13.40%

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. (4.6%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
  • BlackRock Fund Advisors (2.8%)
  • The Vanguard Group, Inc. (2.3%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Norges Bank Investment Management (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • BlackRock Japan Co., Ltd. (1.2%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.7%)
  • Geode Capital Management 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.
  • TT International Asset Management Ltd.
  • Sumitomo Mitsui DS Asset Management Co., 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.

Competitors

  • Pacific Mercantile Bancorp
  • GATX Corporation
  • Andersons, Inc.
Last Updated on 20 Oct, 2021

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