6-K 1 d137829d6k.htm FORM 6-K Form 6-K
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number 001-34919

SUMITOMO MITSUI FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

   Form 20-F ☒   Form 40-F ☐

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Sumitomo Mitsui Financial Group, Inc.   
  By:  

 /s/ Kunihito Takaichi

   
    Name:   Kunihito Takaichi   
    Title:  

Executive Officer & General Manager,

Financial Accounting Dept.

   

Date: May 13, 2026

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Financial Results

Fiscal Year 3/2026

 - Supplementary Information - 

 

Sumitomo Mitsui Financial Group, Inc.

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Page

 

 1.

   Income analysis   Consolidated    Non-consolidated    …        1

 2.

   Interest spread (domestic)     Non-consolidated    …        3

 3.

   Gains (losses) on securities     Non-consolidated    …        3

 4.

   Unrealized gains (losses) on securities   Consolidated    Non-consolidated    …        4

 5.

   Balance of securities, classified by maturity     Non-consolidated    …        5

 6.

   Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity     Non-consolidated    …        5

 7.

   Employee retirement benefits   Consolidated    Non-consolidated    …        6

 8.

   Classification based on self-assessment and the Banking Act and the Reconstruction Act, and write-offs / reserves     Non-consolidated    …        7

 9.

   Reserve for possible loan losses and reserve ratio   Consolidated    Non-consolidated    …        8

10.

   Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act, and coverage   Consolidated    Non-consolidated    …        9

11.

   Results of off-balancing of NPLs     Non-consolidated    …        10

12.

   Loan portfolio, classified by industry     Non-consolidated    …        11

13.

   Loan portfolio, classified by country     Non-consolidated    …        13

14.

   Balance of deposits and loans     Non-consolidated    …        14

15.

   Deferred tax assets and liabilities     Non-consolidated    …        15

16.

   Capital ratio (BIS guidelines)   Consolidated    Non-consolidated    …        16

17.

   ROE   Consolidated      …        16

Reference: Financial statements of SMBC

     Non-consolidated    …        17

 

  Notes   1.   Consolidated: Consolidated figures of Sumitomo Mitsui Financial Group, Inc. (“The Company”)
    2.   Non-consolidated: Non-consolidated figures of Sumitomo Mitsui Banking Corporation (“SMBC”)

 

This document contains “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of us and our managements with respect to our future financial condition and results of operations. In many cases but not all, these statements contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “probability,” “risk,” “project,” “should,” “seek,” “target,” “will” and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; declines in the value of our securities portfolio; our ability to successfully implement our business strategy through our subsidiaries, affiliates and alliance partners; exposure to new risks as we expand the scope of our business; and incurrence of significant credit-related costs. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. We undertake no obligation to update or revise any forward-looking statements.

Please refer to our most recent disclosure documents such as our annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as our earnings press releases, for a more detailed description of the risks and uncertainties that may affect our financial conditions and our operating results, and investors’ decisions.

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Sumitomo Mitsui Financial Group

 

 1. Income analysis

 

Consolidated           (Millions of yen)
         FY3/2026             FY3/2025
     

 

 Change  

 

  
           

Consolidated gross profit

   1    4,844,693     717,947         4,126,746  
           
   

Net interest income

   2    2,719,636     381,418         2,338,218  
           
   

Trust fees

   3    11,722     1,988         9,733  
           
   

Net fees and commissions

   4    1,820,578     261,401         1,559,176  
           
   

Net trading income

   5    199,444     (184,122)        383,566  
           
   

Net other operating income

   6    93,312     257,261       (163,949) 
           
General and administrative expenses   7    (2,651,514)    (249,559)      (2,401,955) 
           
Equity in gains (losses) of affiliates   8    137,710     143,215       (5,504) 
 
           
Consolidated net business profit   9    2,330,890     611,604       1,719,286  
 
           
Total credit cost   10    (388,435)    (43,887)        (344,547) 
           
   

Credit costs

   11    (417,060)    (56,063)        (360,997) 
             

 

      

Write-off of loans

   12    (176,232)    (24,648)        (151,583) 
             
     

Provision for reserve for possible loan losses

   13    (192,226)    (24,586)        (167,639) 
             
     

Others

   14    (48,602)    (6,827)        (41,774) 
           
   

Recoveries of written-off claims

   15    28,624     12,175       16,449  
           
Gains (losses) on stocks   16    446,068     (63,779)      509,847  
           
Other income (expenses)   17    (85,172)    79,931       (165,103) 
 
           
Ordinary profit    18    2,303,350     583,868       1,719,482  
 
           
Extraordinary gains (losses)   19    (51,625)    (32,085)        (19,539) 
           
   

Gains (losses) on disposal of fixed assets

   20    1,724     13,477         (11,753) 
           
   

Losses on impairment of fixed assets

   21    (4,496)    2,556         (7,052) 
           
   

Losses related to the sale of part of the US banking subsidiary’s business

   22    (46,112)    (46,112)        -  
           
   

Losses on step acquisitions

   23    (1,367)    (1,367)      -  
           
Income before income taxes   24    2,251,725     551,782       1,699,943  
           
Income taxes - current   25    (663,449)    (86,141)      (577,307) 
           
Income taxes - deferred   26    (3,461)    (67,703)      64,242  
           
Profit   27    1,584,815     397,937       1,186,877  
           
Profit attributable to non-controlling interests   28    (1,841)    7,040       (8,881) 
 
Profit attributable to owners of parent   29    1,582,973     404,977         1,177,996  
 
Notes:  

1. Amounts less than 1 million yen are rounded down. Figures in parentheses indicate losses or decreases.

 

2. Consolidated gross profit = (Interest income - Interest expenses) + Trust fees + (Fees and commissions - Fees and commissions payments)

    + (Trading income - Trading losses) + (Other operating income - Other operating expenses)

 

Number of consolidated subsidiaries and affiliates

            
          Mar. 31, 2026         Mar. 31, 2025 
     

 

 Change  

 

    
 

Consolidated subsidiaries

   30           184     12                172  
 

Equity method affiliates

   31    252     8         244  

 

 

- 1 -

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Sumitomo Mitsui Financial Group

 

SMBC non-consolidated             (Millions of yen)
                  FY3/2026            

FY3/2025

         

 

 Change  

 

  
Gross banking profit   1    2,677,893      421,334          2,256,559   
   

Gross domestic profit

   2    1,404,858      340,043          1,064,815   
     

Net interest income

   3    1,148,025      300,159          847,865   
     

Trust fees

   4    4,066      628          3,437   
     

Net fees and commissions

   5    298,526      46,700          251,826   
     

Net trading income

   6    (8,619)     (12,698)         4,078  
     

Net other operating income

   7    (37,140)     5,253       (42,393)  
             
     

 Gains (losses) on bonds

   8    (36,602)     9,468         (46,070)  
   

Gross international profit

   9    1,273,035      81,290          1,191,744   
     

Net interest income

   10    798,286      (5,137)         803,424   
     

Net fees and commissions

   11    321,439      27,444          293,995   
     

Net trading income

   12    (5,682)     (173,798)         168,116   
     

Net other operating income

   13    158,991      232,783        (73,791)  
             
     

 Gains (losses) on bonds

   14    (59,899)     (50,775)       (9,123)  
Expenses (excluding non-recurring losses)   15    (1,186,038)     (113,865)         (1,072,173)  
         

Overhead ratio

   16    44.3%    (3.2%)        47.5% 
    Personnel expenses   17    (470,926)     (19,463)         (451,463)  
    Non-personnel expenses   18    (645,500)     (91,662)         (553,838)  
    Taxes   19    (69,611)     (2,739)       (66,872)  
 
Banking profit (before provision for general reserve for possible loan losses)    20    1,491,855      307,468          1,184,386   
         

Gains (losses) on bonds

   21    (96,501)     (41,307)         (55,194)  
   

Core Banking Profit (20-21)

   22    1,588,356      348,776          1,239,580   
             
       

excluding gains (losses) on cancellation of investment trusts

   23    1,522,921      367,337          1,155,583   
 
Provision for general reserve for possible loan losses   24    27,408      130,908          (103,499)  
Banking profit   25    1,519,263      438,376          1,080,886   
Non-recurring gains (losses)   26    379,207      (27,968)         407,176   
    Credit costs   27    (126,544)     (79,265)         (47,278)  
    Gains on reversal of reserve for possible loan losses   28    -      -          -   
    Recoveries of written-off claims   29    13,113      13,112          0   
    Gains (losses) on stocks   30    426,663      (59,429)         486,093   
    Other non-recurring gains (losses)    31    65,974      97,614        (31,639)  
 
Ordinary profit   32    1,898,470      410,408          1,488,062   
 
Extraordinary gains (losses)    33    (255)     9,223          (9,479)  

 

   Gains (losses) on disposal of fixed assets   34    2,474      10,082          (7,607)  
    Losses on impairment of fixed assets   35    (2,730)     (858)         (1,871)  
Income before income taxes   36    1,898,215      419,632          1,478,583   
Income taxes - current   37    (518,582)     (77,874)         (440,708)  
Income taxes - deferred   38    32,050      1,358          30,691   
 
Net income   39    1,411,682      343,116          1,068,566   
 
               
Total credit cost (24+27+28+29)   40    (86,023)     64,755          (150,778)  
    Provision for general reserve for possible loan losses   41    27,408      130,908          (103,499)  
    Write-off of loans   42    (86)     10,719          (10,806)  
    Provision for specific reserve for possible loan losses   43    (114,323)     (99,382)         (14,940)  
    Losses on sales of delinquent loans   44    (22,483)     (6,445)         (16,037)  
    Provision for loan loss reserve for specific overseas countries   45    10,348      15,843          (5,494)  
    Recoveries of written-off claims   46    13,113      13,112          0   

Note: Amounts less than 1 million yen are rounded down. Figures in parentheses indicate losses or decreases.

 

- 2 -

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Sumitomo Mitsui Financial Group

 

2. Interest spread (domestic)

 

 SMBC non-consolidated                (%)
      FY3/2026                   

 

FY3/2025

   

Six months

ended

Sep. 30, 2025

       

Six months 

ended 

Mar. 31, 2026 

  
Yield on interest earning assets (A)    1.03    0.95          1.10        0.66  
   

Interest earned on loans and bills discounted (C)

    1.34    1.28          1.40        1.02  
   

Interest earned on securities

    1.60    1.54          1.67        1.32  
Total cost of funding (including expenses) (B)    0.71    0.66          0.76        0.53  
   

Cost of interest bearing liabilities

    0.24    0.22          0.26        0.09  
        

Interest paid on deposits, etc. (D)

    0.20    0.18          0.23        0.06  
       

Interest paid on other liabilities

    0.58    0.52          0.67        0.32  
   

Expense ratio

    0.46    0.44          0.49        0.43  
Overall interest spread (A) - (B)    0.32    0.29          0.34        0.13  
   

Interest spread (C) - (D)

    1.14    1.10          1.17        0.96  
                  
  Reference: The figures below exclude loans to the Japanese government, among others.     
  Interest earned on loans and bills discounted (E)    1.35    1.29          1.40        1.04  
 

Interest spread (E) - (D)

    1.15    1.11          1.17        0.98  

 3. Gains (losses) on securities

               
 SMBC non-consolidated           (Millions of yen)
       

 

FY3/2026

                 FY3/2025
             Change    
Gains (losses) on bonds   (96,501)         (41,307)         (55,194) 
   

Gains on sales

   51,962          (4,152)         56,115  
   

Losses on sales

   (141,702)         (35,755)         (105,946) 
   

Gains on redemption

        0          0          0  
   

Losses on redemption

        (6,704)         (1,340)         (5,363) 
   

Losses on devaluation

        (58)         (58)         -  
                  
Gains (losses) on stocks        426,663          (59,429)         486,093  
   

Gains on sales

        470,892          (62,545)         533,438  
   

Losses on sales

        (9,662)         7,683          (17,345) 
   

Losses on devaluation

        (34,566)         (4,568)         (29,998) 

 

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Sumitomo Mitsui Financial Group

 

4. Unrealized gains (losses) on securities

 

 Consolidated                   (Millions of yen)
        Mar. 31, 2026   Mar. 31, 2025
      Balance sheet  amount     

Net unrealized gains (losses)

 

   Balance sheet  amount      Net unrealized gains (losses)
(b)
               
      (a)   (a) - (b)   Gains   Losses
                       
   

Held-to-maturity securities

   1    4,655,314       (178,649)    (172,475)    7     178,657     274,414       (6,174) 
                       
   

Other securities

   2    34,802,305       3,220,233     414,210     3,933,829     713,596     39,776,760       2,806,023  
                         
       

Stocks

   3    3,503,280       2,497,195     536,268     2,498,675     1,480     3,045,167       1,960,926  
                         
     

Bonds

   4    7,556,702       (271,242)    (126,405)    6,858     278,101     13,893,477       (144,837) 
                           
        Japanese government bonds   5    5,476,427       (120,444)    (68,049)    64     120,509     11,180,546       (52,395) 
                         
     

Others

   6    23,742,321       994,280     4,347     1,428,295     434,014     22,838,114       989,933  
                           
        Foreign bonds   7    18,534,788       (300,425)    148,672     79,365     379,791     17,424,744       (449,098) 
                       
   

Other money held in trust

   8    521       -     -     -     -     520       -  
                       
   

Total

   9    39,458,141       3,041,584     241,734     3,933,837     892,253     40,051,695       2,799,849  
                       
     

Stocks

   10    3,503,280       2,497,195     536,268     2,498,675     1,480     3,045,167       1,960,926  
                       
     

Bonds

   11    12,142,145       (449,828)    (298,816)    6,858     456,686     14,167,892       (151,011) 
                       
       

Others

   12    23,812,715         994,216     4,283     1,428,303     434,086     22,838,635         989,933  
SMBC non-consolidated                   (Millions of yen)
        Mar. 31, 2026   Mar. 31, 2025
      Balance sheet amount    

Net unrealized gains (losses)

 

   Balance sheet amount     Net unrealized gains (losses)
(b)
               
      (a)   (a) - (b)   Gains   Losses
                       
   

Held-to-maturity securities

   13    4,087,646       (169,416)    (168,258)    -     169,416     22,300       (1,158) 
                       
   

Stocks of subsidiaries and affiliates

   14    5,310,009       (80,761)    (10,703)    2,087     82,848     5,009,805       (70,058) 
                       
   

Other securities

   15    27,451,228       2,213,599     439,161     2,902,742     689,142     33,564,599       1,774,438  
                         
     

Stocks

   16    3,082,836       2,309,338     492,168     2,313,069     3,731     2,693,563       1,817,170  
                         
     

Bonds

   17    7,325,242       (259,746)    (118,852)    6,872     266,618     13,835,139       (140,894) 
                           
        Japanese government bonds   18    5,296,373       (114,947)    (62,552)    64     115,011     11,180,546       (52,395) 
                         
     

Others

   19    17,043,150       164,007     65,845     582,800     418,792     17,035,896       98,162  
                           
        Foreign bonds   20    12,889,894       (315,112)    143,798     49,851     364,963     12,711,011       (458,910) 
                       
   

Total

   21    36,848,884       1,963,420     260,199     2,904,829     941,408     38,596,705       1,703,221  
                       
     

Stocks

   22    3,382,790       2,311,425     492,554     2,315,156     3,731     2,987,917       1,818,870  
                       
     

Bonds

   23    11,412,888       (429,163)    (287,110)    6,872     436,035     13,857,439       (142,052) 
                       
       

Others

   24    22,053,205         81,158     54,755     582,800     501,641     21,751,347         26,402  

 

Notes:   1.   The figures above include negotiable certificates of deposit in “Cash and due from banks” and beneficiary claims on loan trust in “Monetary claims bought.”
  2.   Net unrealized gains (losses) are measured based on the market prices of securities as of the balance sheet date.
  3.   Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) represent the difference between the acquisition costs (or amortized costs) and the balance sheet amounts.

 

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5. Balance of securities, classified by maturity

Balance of other securities with maturities and bonds of held-to-maturity

 

 SMBC non-consolidated

 

 

                

 

 (Billions of yen)

 

          Mar. 31, 2026     Mar. 31, 2025
                           
         1 year
or less		    

More than
1 year to

5 years

    

More than
5 years to

10 years

     More than
10 years		     Total     1 year
or less		    

More than
1 year to

5 years

    

More than
5 years to

10 years

     More than
10 years		     Total
                     
Bonds     3,182.4        2,366.8        4,909.5        954.2        11,412.9        10,374.0        2,320.2        692.5        470.7      13,857.4 
    Japanese government 
bonds		     2,834.4        1,337.9        4,511.3        678.2        9,361.7        9,663.6        1,352.8        39.6        124.5      11,180.5 
    Japanese local government bonds     66.7        394.6        214.4        3.5        679.2        126.0        268.0        417.1        4.0      815.1  
    Japanese short-term bonds     49.9        -        -        -        49.9        49.9        -        -        -      49.9 
    Japanese corporate bonds     231.3        634.4        183.9        272.5        1,322.1        534.4        699.4        235.8        342.2      1,811.8 
                     
Others     3,795.9        4,450.7        1,840.5        4,011.9        14,098.9        2,665.0        4,342.5        2,314.9        4,766.7      14,089.0 
                     
Total     6,978.3        6,817.5        6,750.0        4,966.1        25,511.8        13,039.0        6,662.6        3,007.4        5,237.4      27,946.4 
                                                                                        

 6. Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity

 

 SMBC non-consolidated

 

   

 (Billions of yen)

 

        Mar. 31, 2026   Mar. 31, 2025
                       
      1 year
or less		  

More than
1 year to

5 years

   More than
5 years		   Total   1 year
or less		  

More than
1 year to

5 years

   More than
5 years		   Total
   

Receivable fixed rate

/ payable floating rate

   10,625.4    26,942.6    13,419.1    50,987.0    6,123.9    28,228.2    11,046.2    45,398.3 
   

Receivable floating rate   

/ payable fixed rate

   1,954.7    15,219.0    9,725.6    26,899.4    1,101.7    9,181.4    13,470.7    23,753.7 
   

Receivable floating rate   

/ payable floating rate

   -    -    -    -    425.0    -    -    425.0 
                 

Total

   12,580.1    42,161.6    23,144.7    77,886.4    7,650.6    37,409.6    24,516.9    69,577.0 
                                                                                 

 

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 7. Employee retirement benefits

 Consolidated

 (1) Projected benefit obligation

 

  (Millions of yen)
            Mar. 31, 2026           Mar. 31, 2025
       

 

Change

 

  
Fair value of plan assets   (A)   2,035,284     229,682         1,805,602  
Projected benefit obligation   (B)   770,060     (82,145)        852,205  
Net surplus (deficit)   (A-B)   1,265,223     311,826         953,397  
   

Net defined benefit asset

       1,299,540     312,252         987,288  
   

Net defined benefit liability

       34,317     427         33,890  
                     
Measurements of defined benefit plans (before tax effect deduction)   (593,551)    (189,244)        (404,307) 
   

Unrecognized prior service cost (deductible from the obligation)

   (7,019)    2,389         (9,408) 
   

Unrecognized net actuarial gain (loss)

   (586,532)    (191,634)        (394,898) 

 

 (2) Retirement benefit expenses

 

  (Millions of yen)
            FY3/2026           FY3/2025
       

Change

 

  
Retirement benefit expenses       (66,546)    (40,177)        (26,369) 

 

 SMBC non-consolidated

 

 (1) Projected benefit obligation
    (Millions of yen)
            Mar. 31, 2026           Mar. 31, 2025
       

 

Change

 

  
Projected benefit obligation   (A)   629,787     (79,862)        709,650  
              <Discount rate>     <2.90%>     <0.95%>       <1.95%>  
   

Fair value of plan assets

   (B)   1,895,367     221,151         1,674,216  
   

Reserve for employee retirement benefits

   (C)   -     -         -  
   

Prepaid pension cost

   (D)   679,458     120,558         558,899  
    Unrecognized prior service cost (deductible from the obligation)   (E)   (8,395)    2,651         (11,047) 
   

Unrecognized net actuarial gain (loss)

   (A-B-C+D-E)   (577,726)    (183,106)        (394,619) 

 

 (2) Retirement benefit expenses

 

    (Millions of yen)
            FY3/2026           FY3/2025
       

 

Change

 

  
Retirement benefit expenses       (91,087)    (40,218)        (50,869) 
   

Service cost

       14,195     (2,557)        16,753  
   

Interest cost on projected benefit obligation

       13,838     3,843         9,994  
   

Expected returns on plan assets

       (66,248)    (20,544)         (45,704) 
   

Amortization of unrecognized prior service cost

       (2,651)    -         (2,651) 
   

Amortization of unrecognized net actuarial gain (loss)

       (60,014)    (22,274)        (37,739) 
   

Others

       9,793     1,314         8,478  

 

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Sumitomo Mitsui Financial Group

 

 8. Classification based on self-assessment and the Banking Act and the Reconstruction Act, and write-offs / reserves

 

LOGO

 

 
*1   Direct write-offs include a direct reduction of 186.6 billion yen.
*2  

Specific reserve includes reserves for assets that are not subject to disclosure based on the Banking Act and the Reconstruction Act.

(Bankrupt/Effectively bankrupt borrowers: 13.5 billion yen, Potentially bankrupt borrowers: 4.1 billion yen)

*3   Reserve ratios for claims on “Bankrupt borrowers”, “Effectively bankrupt borrowers”, “Potentially bankrupt borrowers”, “Substandard borrowers” and “Borrowers requiring caution (including Substandard borrowers)” represent the proportion of the reserve for possible loan losses to each category’s total claims, excluding amounts secured by collateral or guarantees, etc.
*4   Reserve ratios for claims on “Normal borrowers” and “Borrowers requiring caution (excluding claims to Substandard borrowers)” represent the proportion of reserves for possible loan losses to the respective claims of each category.
  The reserve ratio for unsecured claims on “Borrowers requiring caution (excluding claims to Substandard borrowers)” is shown in [ ].
*5   General reserve includes the Specific reserve for “Borrowers requiring caution,” totaling 0.0 billion yen.
*6   The reserve ratio reflects the proportion of reserves to claims, excluding amounts secured by collateral or guarantees, etc.

 

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9. Reserve for possible loan losses and reserve ratio

 

 Consolidated             (Millions of yen, %)
        Mar. 31, 2026           Mar. 31, 2025
         
      (a)  

Reserve Ratio

(b)

   (a) - (c)     (c)  

Reserve Ratio

(d)

Reserve for possible loan losses

   1,007,469    74.67    81,537         925,931    105.02 
   

General reserve

   666,501        (61,214)        727,715     
   

Specific reserve

   329,379        153,098         176,280     
    Loan loss reserve for specific overseas countries   11,588        (10,346)         21,935     
               
  Amount of direct reduction   264,091      21,120      242,971   
 SMBC non-consolidated             (Millions of yen, %)
        Mar. 31, 2026           Mar. 31, 2025
         
      (a)  

Reserve Ratio

(b)

   (a) - (c)     (c)  

Reserve Ratio

(d)

Reserve for possible loan losses   693,865    75.47    68,326         625,538    116.60 
   

General reserve

   472,897        (27,408)        500,305     
   

Specific reserve

   209,403        106,083         103,319     
    Loan loss reserve for specific overseas countries   11,563        (10,348)        21,912     
               
  Amount of direct reduction   186,560      (11,203)      197,764   

 

Note:

Reserve ratio (calculated as Reserve for possible loan losses divided by Non-Performing Loans (NPLs) based on the Banking Act and the Reconstruction Act, excluding normal assets) is determined after direct reduction.

 

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Sumitomo Mitsui Financial Group

 

 10. Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act, and coverage

 

Consolidated       (Millions of yen, %)
            Mar. 31, 2026       Mar. 31, 2025
    (a)   (a) - (b)   (b)
   

Bankrupt and quasi-bankrupt loans

   90,585     15,350     75,234 
   

Doubtful loans

   778,253     323,486     454,767 
   

Substandard loans

   480,468     128,774     351,693 
   

 

  

Past due loans (3 months or more)

   70,612     9,768     60,843 
       

Restructured loans

   409,855     119,005     290,850 
Total (A)   1,349,307     467,610     881,696 
 
   

Normal assets

   137,161,712     7,080,907     130,080,805 
   

Grand total (B)

   138,511,020     7,548,518     130,962,501 
NPL ratio (A/B)   0.97     0.30     0.67 
          (Millions of yen)
            Mar. 31, 2026       Mar. 31, 2025
        (a)   (a) - (b)   (b)

Total coverage (C)

   937,541     400,415     537,125 
   

Reserve for possible loan losses (D)

   405,796     204,030     201,766 
   

Amount recoverable by guarantees, collateral and others (E)

   531,744     196,385     335,359 
           
          (%)
Coverage ratio (C) / (A)   69.48     8.56     60.92 
Coverage ratio calculated with total reserve for possible loan losses included in the numerator   114.07     (28.98)    143.05  
          (%)
Reserve ratio to unsecured assets (D) / (A - E)   49.64     12.71     36.93 
Reserve ratio calculated with total reserve for possible loan losses included in the numerator   123.23     (46.25)    169.48  

SMBC non-consolidated

       (Millions of yen, %)
            Mar. 31, 2026       Mar. 31, 2025
        (a)   (a) - (b)   (b)
   

Bankrupt and quasi-bankrupt loans

   66,855     11,061     55,794 
   

Doubtful loans

   572,603     249,142     323,461 
   

Substandard loans

   279,890     122,657     157,232 
     

Past due loans (3 months or more)

   24,376     2,710     21,665 
       

Restructured loans

   255,513     119,947     135,566 
Total (A)   919,349     382,861     536,487 
 
   

Normal assets

   129,426,021     6,555,561     122,870,459 
   

Grand total (B)

   130,345,370     6,938,422     123,406,947 

NPL ratio (A/B)

   0.71     0.28     0.43 
              (Millions of yen)
        Mar. 31, 2026       Mar. 31, 2025
    (a)   (a) - (b)   (b)
Total coverage (C)   795,868     357,700     438,168 
    Reserve for possible loan losses (D)   304,971     154,931     150,039 
   

Amount recoverable by guarantees, collateral and others (E)

   490,897     202,767     288,129 
          (%)
Coverage ratio (C) / (A)   86.57     4.90     81.67 
Coverage ratio calculated with total reserve for possible loan losses included in the numerator   128.87     (41.44)    170.31 
          (%)
Reserve ratio to unsecured assets (D) / (A - E)   71.18     10.77     60.41 
Reserve ratio calculated with total reserve for possible loan losses included in the numerator   161.95     (89.92)    251.87  

Note: Reserve for possible loan losses is the sum of general reserve for substandard loans and specific reserve.

 

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 11. Results of off-balancing of NPLs

SMBC non-consolidated

(Billions of yen) 

                         
                       
                   

 Mar. 31, 2026 

(a)

 

 

  

   (a) - (b)   

 

 

  

NPLs 

newly classified 

during

FY3/2026

  

Amount of  

 off-balancing  

 

 

  

 Mar. 31, 2025 

(b) 

 

 

             

 

  

 

Bankrupt and quasi-bankrupt assets

 

 

       66.9    11.1    36.1    (25.1)    55.8 
             
   

 

Doubtful assets

 

 

       572.6    249.1    398.2    (149.1)    323.5 
           
   

 

Total

 

               639.5    260.2    (*1)   434.3    (*1)  (174.1)    379.3 
               

Result of measures connected to off-balancing (*2)

   43.2          38.3 
                     
             
       

  Breakdown of  

off-balancing 

by factor (*3) 

  

 

 

    

 

Disposition by borrowers’ liquidation

 

  

(3.0) 

 

  
       

 

Reconstructive disposition

 

  

(9.5) 

 

  
        Improvement in debtors’ performance due to reconstructive disposition   (2.2)   
       

 

Loan sales to market

 

  

(15.7) 

 

  
       

 

Direct write-offs

 

  

23.1  

 

  
       

 

Others

 

  

(166.8) 

 

  
         

 

Collection / repayment, etc.

  

 

(90.8) 

  
          Improvement in debtors’ performance   (76.0)   
                   
       

 

Total

 

  

 

(174.1) 

 

  

 

*1    The amount of NPLs newly classified during the six months ended Sep. 30, 2025 and off-balanced in the six months ended Mar. 31, 2026 was 9.3 billion yen.
*2    The measures connected to off-balancing include legal reorganizations and other similar measures, corporate splits to good companies and bad companies, partial direct write-offs of retail exposure to individuals and small- and medium-sized enterprises, and trusts to RCC for revitalization that is scheduled to be off-balanced before maturity.
*3    1.    “Disposition by borrowers’ liquidation” refers to the abandonment or write-off of loans involved in bankruptcy liquidation proceedings (bankruptcy or special liquidations).
   2.    “Reconstructive disposition” refers to the abandonment of loans involved in reconstructive bankruptcy proceedings (including corporate reorganization and civil rehabilitation), debt forgiveness in special mediation or other civil mediation, or debt forgiveness for restructuring in private reorganization.

 

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 12. Loan portfolio, classified by industry

 SMBC non-consolidated

(1) Loans and bills discounted, classified by industry

(Millions of yen, %) 

           Mar. 31, 2026                      Mar. 31, 2025        
     

 

 

 

 

(a)

 

 

 

 

  

 

  Ratio  

 

  

 

 

 

 

  (a) - (b)  

 

 

 

 

  

 

 

 

 

(b)

 

 

 

 

  

 

  Ratio  

 

Domestic offices
(excluding offshore banking accounts in Japan)

     71,609,264      100.0      4,164,162        67,445,102      100.0 
    Manufacturing     11,053,878      15.4      584,846        10,469,032      15.5 
    Agriculture, forestry, fisheries and mining     310,566      0.4      59,957        250,608      0.4 
    Construction     1,094,715      1.5      129,066        965,649      1.4 
    Transportation, communications and public enterprises     6,785,696      9.5      396,243        6,389,453      9.5 
    Wholesale and retail     6,167,057      8.6      918,604        5,248,452      7.8 
    Finance and insurance     10,437,566      14.6      1,304,083        9,133,482      13.5 
    Real estate     13,433,792      18.8      1,186,669        12,247,123      18.2 
    Goods rental and leasing     2,833,183      4.0      211,443        2,621,740      3.9 
    Various services     5,112,763      7.1      255,290        4,857,473      7.2 
    Municipalities     924,392      1.3      429,680        494,711      0.7 
    Others     13,455,650      18.8      (1,311,723)       14,767,373      21.9 

Overseas offices and offshore banking accounts in Japan

     39,139,408      100.0      2,068,918        37,070,490      100.0 
    Public sector     830,200      2.1      249,411        580,789      1.6 
    Financial institutions     2,981,735      7.6      (80,928)       3,062,663      8.2 
    Commerce and industry     33,715,998      86.2      2,215,490        31,500,507      85.0 
    Others     1,611,474      4.1      (315,054)       1,926,528      5.2 

Total

     110,748,673      -      6,233,081        104,515,592      -  

 

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Sumitomo Mitsui Financial Group

 

(2) NPLs based on the Banking Act and the Reconstruction Act, classified by industry, and reserve ratio

(Millions of yen, %) 

           Mar. 31, 2026                       Mar. 31, 2025   
          (a)      
  Reserve 
ratio		  
 		      (a) - (b)         (b)  
Domestic offices        327,841        66.1        62,133        265,708   

(excluding offshore banking accounts in Japan)

    Manufacturing     139,237        70.6        51,174        88,062   
    Agriculture, forestry, fisheries and mining     161        68.9        (385)       547   
    Construction     6,351        50.9        825        5,526   
    Transportation, communications and public enterprises     15,101        50.1        (2,488)       17,590   
    Wholesale and retail     68,594        53.4        23,729        44,865   
    Finance and insurance     8,135        50.6        2,582        5,553   
    Real estate     16,417        63.0        (1,292)       17,709   
    Goods rental and leasing     363        49.4        75        287   
    Various services     51,200        54.3        (7,225)       58,426   
    Municipalities     -        -        -        -   
    Others     22,277        100.0        (4,862)       27,140   
Overseas offices and offshore banking accounts in Japan     591,507        74.2        320,728        270,779   
    Public sector     -        -        -        -   
    Financial institutions     -        -        -        -   
    Commerce and industry     586,412        69.7           320,418        265,994   
    Others     5,095        95.8        309        4,785   
Total     919,349        71.2        382,861        536,487   
         
Note:    Reserve ratio
   = (Reserve for possible loan losses) / (Assets excluding amounts recoverable due to guarantees, collateral and others) X 100
   Reserve for possible loan losses is the sum of general reserve for substandard loans and specific reserve.

 

(3) Consumer loans outstanding

 

            (Millions of yen)  
           

 

Mar. 31, 2026

      

 

 Mar. 31, 2025

           

(a)

 

  

 

  (a) - (b)  

  

(b)

 

       

Consumer loans

 

  

11,870,497 

 

  

(214,828)  

 

  

12,085,325 

 

 

   Housing loans   11,039,307    (254,522)     11,293,829 
           
       

Self-residential purpose

 

   9,302,684    (188,666)     9,491,350 
         
   

Other consumer loans

 

   831,190    39,695      791,495 

 

(4) Loans to small- and medium-sized enterprises, etc.

 

          (Millions of yen, %)
   

 

Mar. 31, 2026

      

 

 Mar. 31, 2025

   

(a)

 

     (a) - (b)     (b)

Outstanding balance

 

   42,698,875    2,624,644     40,074,231 

Ratio to total loans

 

   59.6    0.2     59.4 

Note: Outstanding balance includes loans to individuals.

 

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Sumitomo Mitsui Financial Group

 

13. Loan portfolio, classified by country

SMBC non-consolidated

(1) Loans outstanding, classified by major domicile

(Millions of yen, %) 

           Mar. 31, 2026                     Mar. 31, 2025       
     

 

 

 

 

(a)

 

 

 

 

  

 

 Ratio 

 

  

 

 

 

 

  (a) - (b)  

 

 

 

 

  

 

 

 

 

(b)

 

 

 

 

  

 

 Ratio 

 

Asia     7,436,371      19.9      (29,415)       7,465,786      20.7 
    Indonesia     162,497      0.4      (50,157)       212,654      0.6 
    Thailand     1,010,978      2.7      (125,913)       1,136,891      3.1 
    Korea     487,600      1.3      55,443        432,157      1.2 
    Hong Kong     893,206      2.4      (223,284)       1,116,490      3.1 
    China     54,936      0.1      (23,584)       78,520      0.2 
    Taiwan     355,852      1.0      2,667        353,185      1.0 
    Singapore     2,196,884      5.9      67,982        2,128,902      5.9 
    India     1,397,706      3.7      188,488        1,209,218      3.4 
    Others     876,708      2.4      78,939        797,769      2.2 
Oceania     3,211,564      8.6      215,810        2,995,754      8.4 
    Australia     3,081,999      8.3      177,155        2,904,844      8.1 
    Others     129,564      0.3      38,654        90,910      0.3 
North America     15,628,956      41.9      931,918        14,697,038      41.1 
    United States     12,632,308      33.9      1,228,215        11,404,093      31.9 
    Others     2,996,647      8.0      (296,298)       3,292,945      9.2 
Central and South America     2,234,309      6.0      (96,739)       2,331,048      6.5 
    Brazil     345,412      1.0      (62,941)       408,353      1.1 
    Panama     567,408      1.5      137,322        430,086      1.2 
    Others     1,321,488      3.5      (171,121)       1,492,609      4.2 
Western Europe     5,587,003      15.0      477,065        5,109,938      14.3 
    United Kingdom     1,007,000      2.7      (101,313)       1,108,313      3.1 
    Ireland     746,430      2.0      194,247        552,183      1.5 
    Netherlands     673,475      1.8      (38,422)       711,897      2.0 
    Others     3,160,096      8.5      422,551        2,737,545      7.7 
Eastern Europe     216,836      0.6      16,031        200,805      0.6 
    Russia     102,465      0.3      (54,724)       157,189      0.5 
    Others     114,371      0.3      70,755        43,616      0.1 
Others     2,970,396      8.0      (26,466)       2,996,862      8.4 
                                     
Total     37,285,436      100.0      1,488,205        35,797,231      100.0 

Note:  Classified by domicile of debtors.

(2) NPLs based on the Banking Act and the Reconstruction Act, classified by domicile

(Millions of yen, %) 

           Mar. 31, 2026                       Mar. 31, 2025 
        (a)      
 Reserve 
Ratio		  
 		       (a) - (b)       (b)

Overseas Offices and

offshore banking accounts in Japan

     591,507        74.2        320,728      270,779 

 

  

Asia

     142,461        52.3        52,967      89,493 
   

Oceania

     9,546        23.1        850      8,695 
   

North America

     130,621        76.6        89,078      41,543 
   

Central and South America

     191,567        67.7        165,026      26,540 
   

Western Europe

     86,231        100.0        7,943      78,287 
   

Eastern Europe

     20,262        32.6        1,809      18,453 
   

Others

     10,817        92.1        3,051      7,766 
         
Notes:      1.      Reserve ratio
     

= (Reserve for possible loan losses)/(Assets excluding amounts recoverable due to gurarantees, collateral and others) X 100

Reserve for possible loan losses is the sum of general reserve for substandard loans and specific reserve.

     2.      Classified by domicile of debtors.

 

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Sumitomo Mitsui Financial Group

 

14. Balance of deposits and loans

SMBC non-consolidated

(1) Average balance of deposits and loans

 

          (Millions of yen)
             FY3/2026       

FY3/2025

        (a)     (a) - (b)     (b)
       

Deposits

 

   162,285,938    4,844,856    157,441,082 
         

 

  

Domestic units

 

   125,274,197    1,180,979    124,093,217 
 
       

Loans

 

   107,335,176    4,466,452    102,868,724 
         
   

Domestic units

 

   65,334,052    4,150,172    61,183,879 

 

Note: Deposits do not include negotiable certificates of deposit.

 

(2) Balance of deposits and loans, classified by type of depositor

 

          (Millions of yen)
             Mar. 31, 2026        Mar. 31, 2025
          (a)     (a) - (b)     (b)
       

Deposits

 

   171,335,915    11,604,244    159,731,671 

 

   Domestic deposits
(excluding offshore banking accounts in Japan)		   135,886,919    5,062,602    130,824,317 
           
     

Individuals

 

   62,706,013    1,486,887    61,219,126 
           
       

Corporates

 

   73,180,906    3,575,715    69,605,191 
 
       

Loans

   110,748,673    6,233,081    104,515,592 
    Domestic offices
(excluding offshore banking accounts in Japan)		   71,609,264    4,164,162    67,445,102 
         
    Overseas offices and offshore banking accounts in Japan   39,139,408    2,068,918    37,070,490 

 

Note: Deposits do not include negotiable certificates of deposit.

 

Reference:

 

          (Billions of yen)

 

           Mar. 31, 2026       Mar. 31, 2025
        (a)     (a) - (b)     (b)
       

Balance of investment trusts

 

   5,445.0    821.3    4,623.7 
         
   

Balance to individuals

 

   4,208.9    554.2    3,654.7 

 

Note: Balance of investment trusts is recognized on a contract basis and measured according to each fund’s net asset balance at the period-end.

 

          (Billions of yen)
    FY3/2026       FY3/2025
    (a)     (a) - (b)     (b)

Sales of investment trusts to individuals

 

   867.8    112.6    755.2 
         
Sales of pension-type insurance to individuals   65.2    2.6    62.6 

 

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Sumitomo Mitsui Financial Group

 

15. Deferred tax assets and liabilities

 

  (Billions of yen)
                   
 SMBC non-consolidated       Mar. 31, 2026  

 

Change from   

Mar. 31, 2025  

 

    Mar. 31, 2025 

(a)

 

  

Total deferred tax assets

 

  

 

(b-c) 

 

  

 

 

 

 

 1  

 

 

 

 

  

 

581.4  

 

  

 

103.0  

 

  

 

478.4  

 

   

 

(b)

 

  

Subtotal of deferred tax assets

 

      

 

 

 

 

 2  

 

 

 

 

  

 

731.3  

 

  

 

112.1  

 

  

 

619.2  

 

     

 

Reserve for possible loan losses and

write-off of loans

 

      

 

 

 

 

3 

 

 

 

 

  

 

278.6  

 

  

 

19.6  

 

  

 

259.0  

 

     

 

Taxable write-off of securities

 

      

 

 

 

 

4 

 

 

 

 

  

 

95.9  

 

  

 

3.9  

 

  

 

92.0  

 

     

 

Others

 

      

 

 

 

 

5 

 

 

 

 

  

 

356.8  

 

  

 

88.6  

 

  

 

268.2  

 

   

 

(c) Valuation allowance

 

    

 

 

 

 

6 

 

 

 

 

  

 

149.9  

 

  

 

9.1  

 

  

140.8  

 

 

(d) Total deferred tax liabilities

 

      

 

 

 

 

7 

 

 

 

 

  

 

778.6  

 

  

 

168.0  

 

  

 

610.6  

 

   

 

Net unrealized gains on other securities

 

      

 

 

 

 

8 

 

 

 

 

  

 

658.0  

 

  

 

161.2  

 

  

 

496.8  

 

   

 

Others

 

      

 

 

 

 

9 

 

 

 

 

  

 

120.6  

 

  

 

6.9  

 

  

 

113.8  

 

                               

 

Net deferred tax assets

 

  

(a-d) 

 

  

 

 

 

 

10 

 

 

 

 

  

 

(197.2) 

 

  

 

(65.1) 

 

  

 

(132.2) 

 

   

Amount corresponding to net deferred (gains) losses on hedges included in line 5 and net unrealized (gains) losses on other securities included in line 8

 

      

 

 

 

 

11 

 

 

 

 

  

 

(511.9) 

 

  

 

(93.5) 

 

  

 

(418.4) 

 

   

 

Others

 

      

 

 

 

 

12 

 

 

 

 

  

 

314.7  

 

  

 

28.4  

 

  

 

286.2  

 

 

 

SMBC recognized deferred tax assets in accordance with paragraph 19 (Category 2) of the “Implementation Guidance on Recoverability of Deferred Tax Assets” (ASBJ Guidance No.26), based on the consistent generation of taxable income, excluding amounts from extraordinary factors, over the current and past three fiscal years.

 

Reference: Income of final tax return before deducting operating loss carryforwards for the last 3 years

 

         (Billions of yen)      
       
      FY3/2024     FY3/2025      FY3/2026                    

Income of final tax return

before deducting operating loss carryforwards

    1,104.6     1,468.1     1,811.2         
Note: The figure for FY3/2026 was estimated at fiscal year closing.

 

- 15 -

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Sumitomo Mitsui Financial Group

 

 16. Capital ratio (BIS guidelines)

  (Basel III basis)

 

 Consolidated    (Billions of yen, %)
     Mar. 31, 2026
[Preliminary]		              

  Mar. 31, 2025 

(b)

  

 

     (a)         (a) - (b)     
     
(1) Total capital ratio (4) / (7)    15.69        0.51         15.18   
     
(2) Tier 1 capital ratio (5) / (7)    14.49        0.26         14.23   
     
(3) Common equity Tier 1 capital ratio (6) / (7)    12.41        (0.03)        12.44   
     
(4) Total capital    15,865.9        1,721.8         14,144.1   
     
(5) Tier 1 capital    14,655.9        1,397.0         13,258.8   
     
(6) Common equity Tier 1 capital    12,544.0        958.9         11,585.1   
     
(7) Risk weighted assets    101,078.2        7,961.1         93,117.1   
     
(8) Required capital (7) X 8%    8,086.3        636.9         7,449.4   
     
(9) Leverage Ratio    5.00        (0.01)        5.01   
SMBC consolidated         
       
(1) Total capital ratio    17.34        0.56         16.78   
     
(2) Tier 1 capital ratio    15.42        0.10         15.32   
     
(3) Common equity Tier 1 capital ratio    12.32        (0.18)        12.50   
     
(4) Leverage Ratio    4.96        (0.14)        5.10   
SMBC non-consolidated         
       
(1) Total capital ratio    15.83        1.11         14.72   
     
(2) Tier 1 capital ratio    13.62        0.59         13.03   
     
(3) Common equity Tier 1 capital ratio    10.22        0.21         10.01   
     
(4) Leverage Ratio    4.63        0.22         4.41   

 17. ROE

 

         
Consolidated            (%)  
    

 

FY3/2026

 

            

 

 

 

 

FY3/2025

 

 

 

 

     (a)      (a) - (b)        (b)  
       

ROE (Tokyo Stock Exchange’s standard)

 

    10.4        2.4         8.0   
       

ROE (denominator: Total stockholders’ equity)

 

    13.8        3.0         10.8   

Note:

 

ROE
(denominator: Total

stockholders’ equity)

  

=

   

Profit attributable to owners of parent

   X 100
   {(Total stockholders’ equity at the beginning of the period) + (Total stockholders’ equity at the end of the period)} / 2

 

- 16 -

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Sumitomo Mitsui Financial Group

 

Reference: Financial Statements of SMBC

1. Condensed balance sheet

SMBC non-consolidated

           (Millions of yen)
      Mar. 31, 2026               Mar. 31, 2025
      (a)    (a) - (b)         (b)
       

Assets

                 
       

Cash and due from banks

       68,651,578         (1,110,400)          69,761,979  
       

Call loans

    5,462,547      977,777        4,484,770  
       

Receivables under resale agreements

    7,675,741      (950,242)       8,625,984  
       

Receivables under securities borrowing transactions

    2,346,965      1,215,229        1,131,736  
       

Monetary claims bought

    2,289,341      144,174        2,145,167  
       

Trading assets

    4,910,025      1,445,874        3,464,150  
       

Securities

    35,715,777      (1,846,074)       37,561,851  
       

Loans and bills discounted

    110,748,673      6,233,081        104,515,592  
       

Foreign exchanges

    1,877,094      (656,321)       2,533,415  
       

Other assets

    8,018,167      637,167        7,380,999  
       

Tangible fixed assets

    812,162      59,734        752,427  
       

Intangible fixed assets

    487,718      83,280        404,437  
       

Prepaid pension cost

    679,458      120,558        558,899  
       

Customers’ liabilities for acceptances and guarantees

    16,579,830      1,580,407        14,999,422  
       

Reserve for possible loan losses

    (693,865)     (68,326)       (625,538) 
       

Reserve for possible losses on investments

    (2,806)     89,764          (92,570) 
       

Total assets

    265,558,413      7,955,687          257,602,725  

Note: Amounts less than 1 million yen are rounded down.

 

- 17 -

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Sumitomo Mitsui Financial Group

 

(Millions of yen)  

     

 

Mar. 31, 2026

               Mar. 31, 2025
     

(a)

 

   

(a) - (b)

 

        

(b)

 

       

Liabilities

                 
       

Deposits

    171,335,915      11,604,244        159,731,671  
       

Negotiable certificates of deposit

    15,975,615      (1,513,959)       17,489,575  
       

Call money

    1,069,649      131,640        938,008  
       

Payables under repurchase agreements

    11,263,623      (6,110,351)       17,373,975  
       

Payables under securities lending transactions

    338,736      (962,347)       1,301,084  
       

Commercial paper

    2,242,956      418,437        1,824,519  
       

Trading liabilities

    3,921,172      1,380,470        2,540,702  
       

Borrowed money

    20,489,569      (671,126)       21,160,696  
       

Foreign exchanges

    1,498,334      (317,080)       1,815,415  
       

Bonds

    483,702      88,644        395,058  
       

Due to trust account

    1,244,765      (290,958)       1,535,723  
       

Other liabilities

    10,556,284      2,026,387        8,529,896  
       

Reserve for employee bonuses

    18,280      3,723        14,557  
       

Reserve for executive bonuses

    1,445      152        1,292  
       

Reserve for point service program

    3,991      1,827        2,163  
       

Reserve for reimbursement of deposits

    35,019      30,349        4,669  
       

Deferred tax liabilities

    197,238      65,067        132,170  
       

Deferred tax liabilities for land revaluation

    25,750      (673)       26,424  
       

Acceptances and guarantees

 

   

16,579,830  

 

   

1,580,407  

 

     

14,999,422  

 

         

Total liabilities

 

   

257,281,882  

 

   

7,464,854  

 

       

249,817,028  

 

       

Net assets

                 
       

Capital stock

    1,771,093      -        1,771,093  
       

Capital surplus

    1,774,651      -        1,774,651  
       

 Capital reserve

    1,771,140      -        1,771,140  
       

 Other capital surplus

    3,510      -        3,510  
       

Retained earnings

    4,381,583      545,881        3,835,702  
       

 Other retained earnings

    4,381,583      545,881        3,835,702  
       

  Voluntary reserve for retirement allowances

    1,656      -        1,656  
       

  Voluntary reserve

    219,845      -        219,845  
       

  Retained earnings brought forward

    4,160,082      545,881        3,614,201  
       

Treasury stock

    (210,003)     -        (210,003) 
       

Total stockholders’ equity

    7,717,325      545,881        7,171,443  
       

Net unrealized gains (losses) on other securities

    1,551,739      276,159        1,275,580  
       

Net deferred gains (losses) on hedges

    (1,012,596)     (328,162)       (684,434) 
       

Land revaluation excess

    20,062      (3,045)       23,107  
         

Total valuation and translation adjustments

 

   

559,204  

 

   

(55,048) 

 

     

614,253  

 

         

Total net assets

 

   

8,276,530  

 

   

490,832  

 

       

7,785,697  

 

         

Total liabilities and net assets

 

   

265,558,413  

 

   

7,955,687  

 

       

257,602,725  

 

Note: Amounts less than 1 million yen are rounded down.

 

- 18 -

Table of Contents

Sumitomo Mitsui Financial Group

 

2. Condensed income statement

SMBC non-consolidated

 

   (Millions of yen)  
         
    

FY3/2026

(a)

          

FY3/2025

(b)

    

 

(a) - (b)

  

Ordinary income

   

   7,377,956  

 

       272,268             7,105,687  
       
 Interest income    5,569,246      72,098        5,497,147  
       
  Interest on loans and discounts    3,029,949      (12,302)       3,042,252  
       
  Interest and dividends on securities    962,030      14,900        947,130  
       
 Trust fees    4,147      638        3,509  
       
 Fees and commissions    889,785      114,672        775,113  
       
 Trading income    1,880      (176,337)       178,218  
       
 Other operating income    325,342      233,071        92,270  
       

 Other income

 

   

587,553  

 

   

28,123  

 

     

559,429  

 

 

Ordinary expenses

 

   

 

5,479,485  

 

   

 

(138,139) 

 

       

 

5,617,625  

         
 Interest expenses    3,622,934      (222,923)       3,845,857  
       
  Interest on deposits    1,401,337      56,397        1,344,939  
       
 Fees and commissions payments    269,901      40,538        229,362  
       
 Trading losses    16,183      10,159        6,023  
       
 Other operating expenses    203,490      (4,965)       208,455  
       
 General and administrative expenses    1,132,368      93,259        1,039,108  
       

 Other expenses

 

   

234,608  

 

   

(54,209) 

 

     

288,817  

 

         

Ordinary profit

 

   

1,898,470  

 

   

410,408  

 

     

1,488,062  

 

         
Extraordinary gains    9,581      6,546        3,034  
       

Extraordinary losses

 

   

9,836  

 

   

(2,677) 

 

     

12,513  

 

         

Income before income taxes

 

   

1,898,215  

 

   

419,632  

 

     

1,478,583  

 

         
Income taxes - current    518,582      77,874        440,708  
       

Income taxes - deferred

 

   

(32,050) 

 

   

(1,358) 

 

     

(30,691) 

 

         
Total income taxes    486,532      76,515        410,016  
         

Net income

 

    1,411,682      343,116          1,068,566  

Note: Amounts less than 1 million yen are rounded down.

 

- 19 -

Table of Contents

Sumitomo Mitsui Financial Group

 

3. Statement of changes in net assets

SMBC non-consolidated

 

Year ended March 31, 2026                                       (Millions of yen)
            Capital surplus     Retained earnings              
                       Other retained earnings             
    

 

Capital
stock

    

 

Capital
reserve

    

 

Other capital
surplus

     Voluntary
reserve for
retirement
allowances		    

Voluntary

reserve

     Retained
earnings
brought
forward		      Treasury 
stock		    

Total

stockholders’
equity

Balance

at the beginning of the period

     1,771,093        1,771,140       3,510       1,656       219,845       3,614,201       (210,003 )    7,171,443 
                 

Changes in the period

 

                                                            
                 

Cash dividends

 

                                            

 

 (868,070

 

 ) 

 

          

(868,070)

 

                 

Net income

 

                                            

 

 1,411,682

 

  

 

          

1,411,682 

 

Reversal of land revaluation excess

                                             2,269             2,269 

Net changes in items other than stockholders’ equity in the period

                                                            
                 

Net changes in the period

 

                                            

 

 545,881

 

  

 

          

545,881 

 

Balance

at the end of the period

     1,771,093        1,771,140       3,510       1,656       219,845       4,160,082       (210,003 )    7,717,325 
          (Millions of yen)             
     Valuation and translation adjustments                         
     Net
unrealized
gains
(losses) on
other
securities		     Net deferred
gains
(losses) on
hedges		     Land
revaluation
excess		     Total
valuation
and
translation
adjustments		    

Total net

assets

                  

Balance

at the beginning of the period

     1,275,580        (684,434 )      23,107       614,253       7,785,697        
           

Changes in the period

 

                                              
           

Cash dividends

 

                                    

 

 (868,070

 

 ) 

 

      
           

Net income

 

                                    

 

 1,411,682

 

  

 

      
           

Reversal of land revaluation excess

 

                                    

 

 2,269

 

  

 

      

Net changes in items other than stockholders’ equity in the period

     276,159        (328,162 )      (3,045 )      (55,048 )      (55,048 )       
           

Net changes in the period

 

    

 

 276,159 

 

  

 

    

 

 (328,162

 

 ) 

 

    

 

 (3,045

 

 ) 

 

    

 

 (55,048

 

 ) 

 

    

 

 490,832

 

  

 

      

Balance

at the end of the period

     1,551,739        (1,012,596 )      20,062       559,204       8,276,530        

Note: Amounts less than 1 million yen are rounded down.

 

- 20 -