Sumitomo Mitsui (SMFG) boosts FY2026 ordinary profit 34% on domestic growth

Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group, Inc. reported stronger consolidated results for the fiscal year ended March 31, 2026 compared with its previously announced forecasts for the prior year. Ordinary profit rose to 2,303,350 million yen, a 34.0% increase over the fiscal year ended March 31, 2025.

Ordinary income grew to 10,790,853 million yen, up 6.1%. Profit attributable to owners of parent increased to 1,582,973 million yen, a 5.5% rise, and earnings per share improved from 390.39 yen to 411.97 yen. The profit growth was mainly driven by higher domestic net interest income, increased fee income in the domestic wholesale business, and solid performance in wealth management, payment and consumer finance.

Positive

• Ordinary profit surged 34% year over year to 2,303,350 million yen, a materially stronger outcome than the previously announced fiscal 2025 forecast.
• EPS increased from 390.39 yen to 411.97 yen, supported by higher ordinary income and profit attributable to owners of parent.
• Growth was broad-based, driven by higher domestic net interest income, increased fee income in domestic wholesale business, and solid wealth management, payment and consumer finance performance.

Negative

• None.

Insights

Banking sector earnings analyst

SMFG delivered a substantial profit outperformance led by core domestic and fee businesses.

Sumitomo Mitsui Financial Group reported ordinary profit of 2,303,350 million yen, up 34.0% year over year, on ordinary income of 10,790,853 million yen (up 6.1%). Profit attributable to owners of parent rose 5.5% to 1,582,973 million yen, lifting EPS to 411.97 yen.

The filing attributes the profit increase mainly to higher net interest income in the domestic market, stronger fee income in the domestic wholesale business, and solid results in wealth management, payment and consumer finance. This points to broad-based strength across interest, fee and consumer-related revenue streams within Japan.

The scale of the ordinary profit increase versus the prior-year forecast is material, suggesting improved operating leverage as income growth outpaced expenses. Future disclosures covering subsequent fiscal periods will clarify whether these trends in domestic interest margins, fee generation and consumer finance performance are sustained.

Key Figures

Ordinary income FY2026: 10,790,853 million yen Ordinary profit FY2026: 2,303,350 million yen Profit attributable to owners FY2026: 1,582,973 million yen +4 more

7 metrics

Ordinary income FY2026 10,790,853 million yen Fiscal year ended March 31, 2026; up 6.1% year over year

Ordinary profit FY2026 2,303,350 million yen Fiscal year ended March 31, 2026; 34.0% increase

Profit attributable to owners FY2026 1,582,973 million yen Fiscal year ended March 31, 2026; up 5.5%

Earnings per share FY2026 411.97 yen Fiscal year ended March 31, 2026; 5.5% higher than prior year

Change in ordinary profit 583,868 million yen Difference between FY2026 and FY2025 forecast ordinary profit

Ordinary income increase 615,958 million yen Difference between FY2026 and FY2025 forecast ordinary income

EPS increase 21.58 yen Difference between FY2026 and FY2025 forecast EPS

Key Terms

ordinary profit, profit attributable to owners of parent, earnings per share, net interest income, +2 more

6 terms

ordinary profit financial

"there has been a difference in ordinary profit above the threshold percentage"

profit attributable to owners of parent financial

"Profit attributable to owners of parent increased to million yen 1,582,973"

earnings per share financial

"Earnings per share improved from yen 390.39 to yen 411.97"

Earnings per share represent the amount of profit a company makes for each share of its stock, similar to how a pie’s total size can be divided into slices for each person. It helps investors understand how profitable the company is on a per-share basis, making it easier to compare its performance over time or against other companies. Higher earnings per share generally indicate better profitability and can influence a company's stock value.

net interest income financial

"The increase in ordinary profit was mainly due to higher net interest income in the domestic market"

Net interest income is the difference between the interest a financial institution earns on loans and investments and the interest it pays on deposits and borrowings. It matters to investors because it is a primary source of profit for banks and similar firms — like the gross margin on a store’s trade — and changes with loan growth, deposit costs and interest rates, so it signals core earning power and sensitivity to rate moves.

fee income financial

"due to higher net interest income in the domestic market, increase of fee income in domestic wholesale business"

wealth management financial

"and solid performance in the wealth management, payment and consumer finance businesses"

Wealth management is a professional service that helps people organize, grow and protect their money by combining investment advice with tax planning, retirement preparation and long-range financial planning into a single, ongoing strategy. Think of it as a personal financial coach and project manager who coordinates specialists and choices to meet life goals. For investors, it matters because it aligns investments with objectives, manages risk and seeks better after-tax outcomes over time.

Form 6-K: How Foreign Companies Report to the SEC →

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 May 2026

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/ Kunihito Takaichi
		Name:		Kunihito Takaichi
		Title:		Executive Officer & General Manager, Financial Accounting Dept.

Date: May 13, 2026

Sumitomo Mitsui Financial Group, Inc.

Notice regarding Difference in Consolidated Financial Results

for the Fiscal Year Ended March 31, 2026 Compared to March 31, 2025

Tokyo, May 13, 2026 — Sumitomo Mitsui Financial Group, Inc. (“SMFG”, President and Group CEO: Toru Nakashima) hereby announces that there has been a difference in ordinary profit above the threshold percentage specified under the Securities Listing Regulations of the Tokyo Stock Exchange in SMFG’s consolidated financial results for the fiscal year ended March 31, 2026, as compared to those for the fiscal year ended March 31, 2025 which were originally announced on May 14, 2025.

1. Difference between the financial results for the fiscal years ended March 31, 2026 and 2025

Ordinary Income

Ordinary Profit

Profit attributable to owners of parent

Earnings per share

Fiscal Year Ended March 31, 2025 / Forecasts previously announced (*1) (A)

million yen 10,174,894

million yen 1,719,482

million yen 1,500,000

yen 390.39

Fiscal Year Ended March 31, 2026 (B)

million yen 10,790,853

million yen 2,303,350

million yen 1,582,973

yen 411.97

Change (B)-(A)

615,958

583,868

82,973

21.58

Rate of Change (%)

6.1

34.0

5.5

5.5

(*1) Profit attributable to owners of parent and earnings per share are forecasts for the fiscal year ended March 31, 2026, which were originally announced on November 14, 2025.

2. Reason for the difference

The increase in ordinary profit was mainly due to higher net interest income in the domestic market, increase of fee income in domestic wholesale business, and solid performance in the wealth management, payment and consumer finance businesses.

End

FAQ

How did Sumitomo Mitsui Financial Group (SMFG) ordinary profit change in FY2026?

Ordinary profit rose significantly to 2,303,350 million yen, a 34.0% increase compared with the fiscal year ended March 31, 2025. This growth reflects stronger domestic net interest income, higher wholesale fee income, and solid wealth management, payment and consumer finance businesses.

What were SMFG’s ordinary income and year-over-year growth for FY2026?

Ordinary income reached 10,790,853 million yen for the fiscal year ended March 31, 2026, representing a 6.1% increase over the prior fiscal year. This indicates steady top-line expansion alongside a much faster rise in ordinary profit compared with the previous forecast.

What was Sumitomo Mitsui Financial Group’s profit attributable to owners in FY2026?

Profit attributable to owners of parent was 1,582,973 million yen, up 5.5% from the fiscal year ended March 31, 2025. This improvement contributed to higher earnings per share and reflects stronger underlying profitability across SMFG’s core businesses.

How did SMFG’s earnings per share change for the fiscal year ended March 31, 2026?

Earnings per share increased to 411.97 yen from 390.39 yen a year earlier, a 5.5% rise. The EPS growth mirrors higher profit attributable to owners of parent driven by better domestic net interest, wholesale fee income, and consumer-related business performance.

What business areas mainly drove SMFG’s higher ordinary profit in FY2026?

The increase in ordinary profit was mainly driven by higher net interest income in the domestic market, increased fee income in the domestic wholesale business, and solid performance in wealth management, payment and consumer finance. These areas collectively strengthened overall profitability.

How do SMFG’s FY2026 results compare with the previously announced FY2025 forecasts?

Compared with the previously announced fiscal 2025 forecasts, FY2026 ordinary profit is higher by 583,868 million yen, while profit attributable to owners of parent increased by 82,973 million yen. These differences exceed Tokyo Stock Exchange threshold percentages for disclosure.