SMFG · Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Financial Group delivered strong fiscal 2025 results with net business profit surging ¥611.6 billion to ¥2,330.9 billion, fueled by gains in domestic net interest income, fee income from wholesale operations, and robust wealth management and consumer finance segments. Gross profit expanded ¥717.9 billion to ¥4,844.7 billion, outpacing a ¥249.6 billion rise in general and administrative expenses to ¥2,651.5 billion. Equity in gains of affiliates swung positively by ¥143.2 billion to ¥137.7 billion. Total credit cost rose ¥43.9 billion to ¥388.4 billion due to forward-looking provisions amid Middle East risks, yet ordinary profit climbed 34.0% to ¥2,303.4 billion. Profit attributable to owners of parent grew 34.4% to ¥1,583.0 billion despite U.S. banking subsidiary divestiture losses. Balance sheet expanded with total assets up ¥22,229.1 billion to ¥328,511.1 billion, loans up ¥6,493.0 billion to ¥117,629.2 billion, and deposits up ¥14,175.6 billion to ¥185,674.2 billion. Net assets increased ¥1,091.6 billion to ¥15,933.1 billion. Cash flows reflected operating outflow of ¥10,283.1 billion from loan and deposit growth, offset by investing inflow of ¥3,254.2 billion. For fiscal 2026, management forecasts profit of ¥1,700.0 billion, incorporating impacts from a planned two-for-one stock split (record September 30, 2026) and share repurchase. Annual dividend totals ¥157 per share (post prior split adjustment), with payout ratio at 38.0%. SMBC non-consolidated banking profit hit ¥1,491.9 billion, up ¥307.5 billion. A new subsidiary, CCC MK HOLDINGS Co., Ltd., was consolidated. No accounting changes reported.