Sumitomo Mitsui (NYSE: SMFG) corrects Japanese GAAP operating lease totals
Rhea-AI Filing Summary
Sumitomo Mitsui Financial Group, Inc. updated its previously reported Japanese GAAP consolidated financial statements to correct a disclosure on operating lease commitments. The change affects the schedule of future minimum lease payments for non‑cancelable operating leases as of March 31, 2022 and 2023.
For March 31, 2022, the amounts remain due within 1 year of ¥37,084 million, due after 1 year of ¥212,928 million, and total of ¥250,013 million. For March 31, 2023, the corrected figures are due within 1 year of ¥34,651 million, due after 1 year of ¥254,038 million, and total of ¥288,690 million, replacing previously lower figures for the “due after 1 year” and total amounts.
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