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

Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group (SMFG) has completed the board-authorized share repurchase program announced 14 May 2025 and detailed its upcoming share cancellation.

• Buyback progress (July only): 10,034,900 common shares acquired for JPY 36.58 bn via market purchases.
• Total program outcome: 27,551,100 shares (≈1.0 % of shares issued, excl. treasury) purchased for JPY 99.999 bn, essentially reaching the JPY 100 bn cap.
• Cancellation plan: All 27,551,100 repurchased shares—equal to 0.7 % of pre-cancellation shares outstanding—will be retired on 20 Aug 2025 under Article 178 of the Companies Act.
• Treasury stock position (30 Jun 2025): 27,644,900 shares held; post-cancellation treasury shares will drop materially, shrinking equity base and marginally increasing EPS/ROE.

The program signals SMFG’s commitment to shareholder returns by deploying nearly the full JPY 100 bn authorization within the two-and-a-half-month window. The permanent retirement of shares should provide a modest, but immediate, accretion to per-share metrics without affecting capital ratios materially given the group’s large 3.86 bn share count.

Positive

• Completion of JPY 100 bn buyback almost to the yen indicates aggressive capital deployment toward shareholder returns.
• Cancellation of 27.6 m shares (0.7 %) permanently reduces share count, providing immediate EPS and ROE accretion.

Negative

• None.

Insights

Equity Analyst

TL;DR Share buyback completed at 99.9 % of JPY 100 bn cap; 0.7 % of shares to be cancelled, modestly EPS-accretive.

The rapid execution shows strong liquidity and a willingness to return excess capital. Although 0.7 % reduction is small against SMFG’s 3.9 bn shares, it still adds roughly 0.7 % to EPS and ROE, supporting valuation amid low-rate pressure on NIMs. With capital ratios already above regulatory minima, balance-sheet impact appears manageable. Investor sentiment should tilt positive as cancellation removes any overhang of treasury shares.

Portfolio Manager

TL;DR Cancellation locks in the buyback’s benefit; signals disciplined capital return.

The group essentially exhausted its JPY 100 bn authorization within the set window, implying management confidence in intrinsic value. While quantum is modest, consistency in returning capital is key for megabank investors who prize yield stability. No new repurchase authorization was announced, so any further buybacks would need fresh board approval. Impact on stock likely positive but not transformational.

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 August 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: August 1, 2025

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Progress and Completion of Repurchase of Own Shares, and Cancellation 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, and

Cancellation of Repurchased Shares pursuant to Article 178 of the Companies Act)

		Tokyo, August 1, 2025 — Sumitomo Mitsui Financial Group, Inc. (“SMFG”, 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. The repurchase of its own shares pursuant to the resolution of the meeting of the board of directors held on May 14, 2025 has completed as a result of the following repurchase.
		SMFG also announces that the number of shares to be cancelled pursuant to Article 178 of the Companies Act has been finalized, as detailed below.
1.		Progress of Repurchase of Own Shares
		(1)		Type of shares repurchased:		Common stock
		(2)		Aggregate number of shares repurchased:		10,034,900 shares
		(3)		Aggregate amount repurchased:		JPY 36,577,183,500
		(4)		Repurchase period:		From July 1, 2025 to July 31, 2025 (on a contract basis)
		(5)		Repurchase method:		Market purchases based on a discretionary dealing contract regarding repurchase of its own shares
2.		Cancellation of Own Shares
		(1)		Type of shares to be cancelled:		Common stock
		(2)		Number of shares to be cancelled:		27,551,100 shares (Equivalent to 0.7 % of the number of shares issued before cancellation)
		(3)		Scheduled cancellation date:		August 20, 2025
(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
		Aggregate number of shares repurchased:				27,551,100 shares
		Aggregate amount repurchased:				JPY 99,999,660,400
3.		Outline of the resolution of the meeting of the board of directors regarding the cancellation (May 14, 2025)
		(1)		Type of shares to be cancelled:		Common stock
		(2)		Number of shares to be cancelled:		All of the shares repurchased as stated in 1 above
		(3)		Scheduled cancellation date:		August 20, 2025
4.		Treasury stock held by SMFG as of June 30, 2025
		Number of shares issued (excluding treasury stock)				3,856,800,558 shares
		Number of treasury stock				27,644,900 shares

FAQ

How many SMFG shares were repurchased in July 2025?

SMFG bought 10,034,900 common shares between 1–31 July 2025.

What is the total cost of SMFG's 2025 share buyback program?

The program cost JPY 99,999,660,400, nearly the full JPY 100 bn authorization.

When will SMFG cancel the repurchased shares?

All 27,551,100 shares are scheduled for cancellation on 20 Aug 2025.

What percentage of SMFG's outstanding shares will be cancelled?

The cancellation equals 0.7 % of shares issued before cancellation.

Did SMFG exceed its board-approved buyback limit?

No. The aggregate shares (27.55 m) and amount (JPY 99.999 bn) stayed within the 40 m share / JPY 100 bn ceiling.