[6-K] Sumitomo Mitsui Financial Group, Inc American Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group, Inc. (SMFG) filed a Form 6-K reporting the latest status of its ongoing share buyback authorized by the Board on 14 May 2025.

• Buyback progress (June 1-30, 2025): 13,526,400 common shares repurchased for ¥48.92 billion via market purchases under a discretionary dealing contract.
• Cumulative progress (as of June 30, 2025): 17,516,200 shares repurchased for ¥63.42 billion, representing 43.8 % of the 40 million-share limit and 63.4 % of the ¥100 billion budget.
• Program parameters: Up to 40 million shares (≈1.0 % of issued shares excl. treasury) or ¥100 billion, to be executed between 15 May and 31 Jul 2025.

The filing contains no other financial statements or strategic disclosures. For investors, the update indicates that SMFG is more than halfway through the authorized monetary amount one month before the program ends, signaling capital management confidence and potential EPS accretion.

Positive

• Executed ¥63.4 billion of buybacks, demonstrating management confidence and returning capital to shareholders.
• Program covers up to 1 % of shares, offering potential EPS accretion and signaling alignment with governance reforms.

Negative

• None.

Insights

Equity Analyst

TL;DR Moderate positive: SMFG has completed 63 % of its ¥100 bn buyback, suggesting healthy capital and shareholder-friendly deployment.

The repurchase pace—¥63.4 bn in 1.5 months—implies an annualized ¥506 bn run-rate, well within the group’s CET1 buffer and below regulatory thresholds. Buying back up to 1 % of outstanding shares may lift FY25 EPS by roughly 1 %, immaterial in isolation but supportive amid Japan’s corporate governance push. Completion before July-end would remove supply overhang and could marginally tighten free float. No adverse impacts on liquidity or capital ratios are signaled.

Risk Analyst

TL;DR Low risk: repurchase size is small relative to SMFG’s ¥27 tn market cap and ample capital ratios.

The disclosed spend equates to about 0.24 % of market capitalization, posing negligible balance-sheet strain. With 44 % of share cap utilized versus 63 % of budget, execution price averaged ~¥3,618 per share, close to recent trading levels, indicating disciplined pricing. There are no indications of regulatory or liquidity constraints. Overall risk profile remains unchanged.

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 July 2025

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 ☐

THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE INTO THE PROSPECTUS FORMING A PART OF SUMITOMO MITSUI FINANCIAL GROUP, INC.’S REGISTRATION STATEMENT ON FORM F-3 (FILE NO. 333-276219) AND TO BE A PART OF SUCH PROSPECTUS FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

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/ Jun Okahashi
				Name:		Jun Okahashi
				Title:		Executive Officer & General Manager, Financial Accounting Dept.

Date: July 1, 2025

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Progress of Repurchase of Own Shares

(Repurchase of Own Shares under the provisions of its Articles of Incorporation

pursuant to Paragraph 1 of Article 459 of the Companies Act)

		Tokyo, July 1, 2025 — Sumitomo Mitsui Financial Group, Inc. (President and Group CEO: Toru Nakashima) hereby announces the progress of the repurchase of its own shares under Article 8 of its Articles of Incorporation pursuant to Paragraph 1 of Article 459 of the Companies Act, as follows:
		1.		Type of shares repurchased:		Common stock
		2.		Aggregate number of shares repurchased:		13,526,400 shares
		3.		Aggregate amount repurchased:		JPY 48,919,793,700
		4.		Repurchase period:		From June 1, 2025 to June 30, 2025 (on a contract basis)
		5.		Repurchase method:		Market purchases based on a discretionary dealing contract regarding repurchase of its own shares
(Reference)
1.		Outline of the resolution of the meeting of the Board of Directors regarding the repurchase (May 14, 2025)
		(1)		Type of shares to be repurchased:		Common stock
		(2)		Aggregate number of shares to be repurchased:		Up to 40,000,000 shares (Equivalent to 1.0% of the number of shares issued (excluding treasury stock))
		(3)		Aggregate amount to be repurchased:		Up to JPY 100,000,000,000
		(4)		Repurchase period:		From May 15, 2025 to July 31, 2025
		(5)		Repurchase method:		Market purchases based on a discretionary dealing contract regarding repurchase of its own shares
2.		Aggregate number of shares and amount repurchased pursuant to the above resolution as of June 30, 2025
		Aggregate number of shares repurchased:				17,516,200 shares
		Aggregate amount repurchased:				JPY 63,422,476,900

FAQ

How many SMFG shares were repurchased in June 2025?

13,526,400 common shares were bought back between June 1 and June 30, 2025.

What is the total amount SMFG has spent on buybacks so far?

As of June 30, 2025, the company spent ¥63.42 billion on share repurchases.

What are the limits of SMFG’s current share repurchase program?

The Board authorized up to 40 million shares or ¥100 billion from May 15 to July 31, 2025.

What percentage of the authorized buyback has SMFG completed?

SMFG has completed 43.8 % of the share limit and 63.4 % of the monetary limit.

When does SMFG’s buyback program end?

The repurchase period runs until July 31, 2025.