Every 424B that Sumitomo Mitsui Financial Group, Inc. (SMFG) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow SMFG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SMFG filings page.
Sumitomo Mitsui Financial Group, Inc. American Depositary Shares represent deposited common shares at a ratio of five ADSs to six shares; the ratio may be amended under the deposit agreement. Citibank, N.A. is the depositary, and Sumitomo Mitsui Banking Corporation is named as custodian at the agreement’s execution.
Holders may withdraw deposited securities after surrendering ADSs and satisfying applicable documentation, fees, taxes and governmental charges. Cash distributions are paid net of applicable fees and withholding taxes, with foreign currency converted to dollars when practicable. Holders may submit voting instructions through the depositary; deposited shares are not voted when timely instructions are not received. The company may restrict transfers that would exceed applicable legal or charter ownership limits.
SUMITOMO MITSUI FINANCIAL GROUP, INC. (SMFG) is offering U.S.$500,000,000 of 6.950% perpetual subordinated notes under a prospectus supplement. The notes have no maturity, are deeply subordinated, and rank pari passu with SMFG’s other subordinated debt.
The coupon is 6.950% per annum from September 10, 2026, paid semiannually on June 5 and December 5, starting December 5, 2026. From December 5, 2036 and every five years thereafter, the rate resets to the U.S. Treasury Rate plus 2.143%. SMFG may redeem the notes at 100% of principal on each reset date, or at any time for specified tax or regulatory reasons, subject to prior confirmation by the Japanese FSA and to loss‑absorption and subordination provisions.
The notes qualify as Additional Tier 1 Capital and are subject to permanent write‑down upon a Non‑Viability Event or Bankruptcy Event, and to going‑concern write‑down if SMFG’s Consolidated Common Equity Tier 1 Capital Ratio falls below 5.125%. Interest is fully discretionary and may also be mandatorily cancelled based on distributable amounts and regulatory capital constraints. The offering price is 100%, with $495,000,000 in gross proceeds to SMFG before expenses. SMFG intends to use the proceeds to fund a perpetual subordinated loan to Sumitomo Mitsui Banking Corporation as internal TLAC. The notes will settle in DTC global form, are intended to list on the Luxembourg Stock Exchange’s Euro MTF Market, and include detailed selling and tax restrictions for Japan, the EEA, the U.K. and Singapore.
Sumitomo Mitsui Financial Group, Inc. (SMFG) is offering U.S. dollar-denominated perpetual subordinated Additional Tier 1 (AT1) notes under its existing shelf registration. The notes pay fixed interest to December 5, 2036, then reset every five years to the U.S. Treasury Rate plus a margin, and are deeply subordinated obligations.
The notes feature no maturity, no investor put, no events of default and no acceleration. SMFG may redeem them only on specified reset dates or upon certain tax or regulatory events, and any redemption is subject to prior Japanese regulatory confirmation. Principal is exposed to three loss-absorption mechanisms: (i) a Non‑Viability Event or (ii) a Bankruptcy Event, in each case triggering a full, permanent write‑down and cancellation; and (iii) a Capital Ratio Event, if SMFG’s consolidated CET1 ratio falls below 5.125%, causing a going‑concern write‑down that can reduce principal to as low as US$0.01 per US$1,000.
SMFG can cancel interest at its sole discretion at any time, and must cancel interest when Japanese corporate law distributable amounts are insufficient. Cancelled interest is non‑cumulative. The notes are intended to qualify as SMFG’s AT1 capital and external TLAC; SMFG expects to use proceeds to extend a perpetual subordinated loan to SMBC as internal TLAC. The securities carry extensive selling, tax and retail‑distribution restrictions in Japan, the EEA, the U.K. and Singapore.
Sumitomo Mitsui Financial Group, Inc. is offering U.S.$3.25 billion of senior callable notes in five series maturing in 2032, 2034, 2037 and 2047.
The offering consists of U.S.$500,000,000 floating rate notes due July 7, 2032 and four fixed-to-floating series: U.S.$1,000,000,000 due 2032 (4.934% fixed then SOFR+1.05%), U.S.$500,000,000 due 2034 (5.138% then SOFR+1.22%), U.S.$750,000,000 due 2037 (5.296% then SOFR+1.29%) and U.S.$500,000,000 due 2047 (5.754% then SOFR+1.53%).
Proceeds (approximately $3,234 million net) are intended to fund unsecured loans to SMBC as internal TLAC. Interest reset mechanics reference Compounded Daily SOFR with specified margins; each series is callable beginning one year prior to maturity and may be redeemed for taxation reasons.
Sumitomo Mitsui Financial Group, Inc. is offering one or more series of senior callable fixed-to-floating rate notes and senior callable floating rate notes denominated in U.S. dollars. The notes will be issued in registered form in minimum denominations of U.S.$200,000, reference Compounded Daily SOFR plus a stated margin, and may be redeemed beginning one year prior to maturity or upon certain taxation changes. Proceeds are intended to be used to extend unsecured loans to SMBC as internal TLAC.
Sumitomo Mitsui Financial Group, Inc. is offering U.S.$1,250,000,000 of subordinated callable fixed-to-fixed rate notes due March 3, 2041.
The notes pay a fixed 5.334% per annum from issuance through the reset date (March 3, 2036), then reset to a fixed rate equal to the U.S. Treasury Rate plus a margin of 1.3%. They include non-viability write-down provisions that permanently write the principal to zero upon a confirmed Non‑Viability Event. Net proceeds (approximately $1,243 million) are intended to fund a subordinated loan to SMBC to qualify as internal TLAC and Tier 2 Capital. The issuer applied to list the notes on the Luxembourg Stock Exchange and expects delivery in book-entry form through DTC on or about March 3, 2026.
Sumitomo Mitsui Financial Group, Inc. published a preliminary prospectus supplement for an offering of U.S. dollar-denominated subordinated callable fixed-to-fixed rate notes to be issued in registered book-entry form. The notes are intended to qualify as Tier 2 Capital and as external TLAC and contain contractual loss-absorption provisions that permanently write the principal to zero upon a Non-Viability Event.
Proceeds are intended to fund a subordinated loan to SMBC to qualify as internal TLAC and Tier 2 Capital. The notes pay an initial fixed rate, reset on a specified reset date to a fixed rate tied to a U.S. Treasury Rate plus a margin, are callable on the reset date and may be redeemed for certain tax or regulatory changes. Notes will be issued in minimum denominations of $2,000, listing on the Luxembourg Stock Exchange has been applied for, and interest payments may be subject to Japanese withholding tax (currently 15.315%, 15% on or after 2038 as stated).
Sumitomo Mitsui Financial Group, Inc. is issuing a total of U.S.$5,000,000,000 of senior notes across six tranches, including floating-rate, fixed-rate and callable fixed-to-floating-rate notes maturing between 2029 and 2047. Coupons range from a fixed 4.108% on the non-callable 3-year notes to 5.570% on the 21-year callable fixed-to-floating notes, with the floating portions based on Compounded Daily SOFR plus specified spreads.
The public offering price is 100% of principal for each series, generating aggregate proceeds before expenses of U.S.$4,978,925,000 after underwriting commissions of U.S.$21,075,000. The issuer estimates net proceeds of about $4,977 million, which it intends to lend on an unsecured basis to SMBC as internal TLAC, for SMBC’s general corporate purposes. The notes are expected to be listed on the Luxembourg Stock Exchange’s Euro MTF Market and settled through DTC, Euroclear and Clearstream on or about January 15, 2026.
Sumitomo Mitsui Financial Group, Inc. is offering multiple series of U.S. dollar senior notes, including fixed-rate, floating-rate, callable fixed-to-floating and callable floating-rate structures. The floating tranches reference Compounded Daily SOFR plus a margin, with interest paid quarterly, while fixed-rate series pay semiannually. Certain callable series can be redeemed at the issuer’s option one year before maturity and all series may be redeemed for specified tax reasons. The notes will be listed on the Luxembourg Stock Exchange’s Euro MTF Market and cleared through DTC, Euroclear and Clearstream.
The notes are senior unsecured obligations of the holding company and are structurally subordinated to liabilities of subsidiaries. They are intended to qualify as external TLAC, with net proceeds upstreamed as unsecured internal TLAC loans to Sumitomo Mitsui Banking Corporation for general corporate purposes. Extensive risk disclosures highlight potential loss-absorption in a Japanese orderly resolution, subordination to subsidiary creditors, market and liquidity risks, and benchmark risks tied to SOFR and any future benchmark replacement.