Finance
Sumitomo Mitsui Financial Group, Inc.
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Business Summary
Sumitomo Mitsui Financial Group, Inc. is 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 leases, operating leases, leveraged leases, 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 2020 | JPY | USD |
| Revenue | 5,216.22B | 47,976.01M |
| Gross Profit | -- | -- |
| Operating income | 974,879M | 8,966.40M |
| Income before tax | 888,646M | 8,173.27M |
| Net income | 703,884M | 6,473.93M |
| EBITDA | -- | -- |
| Diluted EPS | 511.56 | 4.70 |
| Dividends Per Share | 190 | 1.74 |
| Total Assets | 219,863.51B | 2,036.62B |
| Total liabilities | 209,078.60B | 1,936.71B |
| Total equity | 10,722.03B | 99,319.47M |
| Operating cash flow | 3,530.43B | 32,471.00M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 4,674.90B | 5,012.29B | 5,664.11B | 5,638.75B | 5,216.22B |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 1,190.14B | 1,024.13B | 1,222.11B | 1,177.22B | 974,879M |
| Income before tax | 980,170M | 979,305M | 1,108.85B | 1,123.57B | 888,646M |
| Net income | 646,687M | 706,519M | 734,369M | 726,681M | 703,884M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 472.67 | 515.58 | 520.27 | 519.59 | 511.56 |
| Dividends Per Share | 150 | 150 | 170 | 180 | 190 |
| Total Assets | 186,585.84B | 197,791.61B | 199,049.12B | 203,659.14B | 219,863.51B |
| Total liabilities | 176,138.17B | 186,557.32B | 187,436.23B | 192,207.53B | 209,078.60B |
| Total equity | 8,916.64B | 9,735.02B | 10,393.28B | 10,773.07B | 10,722.03B |
| Operating cash flow | 1,042.43B | -1,552.36B | 27,681M | -154,633M | 3,530.43B |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 38,930.18M | 46,286.89M | 51,105.19M | 50,847.84M | 47,976.01M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 9,910.88M | 9,457.58M | 11,026.66M | 10,615.68M | 8,966.40M |
| Income before tax | 8,162.35M | 9,043.56M | 10,004.74M | 10,131.94M | 8,173.27M |
| Net income | 5,385.27M | 6,524.47M | 6,625.94M | 6,552.89M | 6,473.93M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 3.93 | 4.76 | 4.69 | 4.68 | 4.70 |
| Dividends Per Share | 1.24 | 1.38 | 1.53 | 1.62 | 1.74 |
| Total Assets | 1,660.09B | 1,775.03B | 1,871.64B | 1,839.98B | 2,036.62B |
| Total liabilities | 1,567.13B | 1,674.21B | 1,762.44B | 1,736.52B | 1,936.71B |
| Total equity | 79,333.12M | 87,364.46M | 97,727.18M | 97,330.91M | 99,319.47M |
| Operating cash flow | 8,680.87M | -14,335.59M | 249.75M | -1,394.41M | 32,471.00M |
Valuation Measures
| Mar 2020 | |
| PER | 5.12 |
| ROA | 0.33% |
| ROE | 6.54% |
| Operating margin | 18.68% |
| Profit margin | 13.49% |
Key executives
- Executive President, Group CEO & Director: Jun Ohta
- Deputy Manager-Finance: Susumu Kikuchi
- Executive Vice President: Toshikazu Yaku
- Director & Executive Vice President: Kozo Ogino
- Executive Vice President: Gotaro Michihiro
Shareholders
- Nomura Asset Management Co., Ltd. (4.1%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
- BlackRock Fund Advisors (2.8%)
- The Vanguard Group, Inc. (2.7%)
- Nikko Asset Management Co., Ltd. (1.8%)
- Daiwa Asset Management Co. Ltd. (1.5%)
- Norges Bank Investment Management (1.5%)
- BlackRock Japan Co., Ltd. (1.2%)
- Templeton Global Advisors Ltd. (0.8%)
- Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.6%)
Contact Details
- Website:http://www.smfg.co.jp
- Address: 1-2, Marunouchi 1-chome, Chiyoda-Ku, Tokyo, 100-0005, Japan
- Phone: +81.3.3282.8111
Related Companies
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- SMFG Preferred Capital JPY 3 Ltd.
- Sumitomo Mitsui Financial Restricted Stock Compensation Plan
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- SMBC Preferred Capital JPY 2 Ltd.
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- SMFG Preferred Capital JPY 2 Ltd.
- SMBC Preferred Capital JPY 1 Ltd.
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- SMBC Preferred Capital GBP 1 Ltd.
- SMBC Preferred Capital USD 1 Ltd.
- SMM Auto Finance, Inc.
- Mithras Leasing (No.3) Ltd.
- SMBC MVI SPC
- Sumitomo Mitsui Indonesia
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Competitors
- Mitsubishi UFJ Financial Group, Inc.
- SBI Holdings, Inc.
- GATX Corporation
- Air Lease Corporation Class A
- Fly Leasing Limited Sponsored ADR
- Pacific Mercantile Bancorp
- Chorus Aviation Inc.
- Andersons, Inc.
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Last Updated on 9 Jul, 2020