[6-K] SUMITOMO MITSUI FINANCIAL GROUP, INC. Current Report (Foreign Issuer)

[6-K] SUMITOMO MITSUI FINANCIAL GROUP, INC. Current Report (Foreign Issuer)

[6-K] SUMITOMO MITSUI FINANCIAL GROUP, INC. Current Report (Foreign Issuer)

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Q: What drove SMFG’s earnings in this period?

Q: What are SMFG’s key capital ratios?

Q: What happened to SMFG’s asset quality metrics?

Q: What is SMFG’s ROE for the period?

Q: What guidance did SMFG provide for FY3/2026?

Q: What dividend is SMFG forecasting?

How did SMFG (SMFG) perform in the first half of FY3/2026?

What drove SMFG’s earnings in this period?

What are SMFG’s key capital ratios?

What happened to SMFG’s asset quality metrics?

What is SMFG’s ROE for the period?

What guidance did SMFG provide for FY3/2026?

What dividend is SMFG forecasting?

How did SMFG (SMFG) perform in the first half of FY3/2026?

What drove SMFG’s earnings in this period?

What are SMFG’s key capital ratios?

What happened to SMFG’s asset quality metrics?

What is SMFG’s ROE for the period?

What guidance did SMFG provide for FY3/2026?

What dividend is SMFG forecasting?

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How did SMFG (SMFG) perform in the first half of FY3/2026?

What drove SMFG’s earnings in this period?

What are SMFG’s key capital ratios?

What happened to SMFG’s asset quality metrics?

What is SMFG’s ROE for the period?

What guidance did SMFG provide for FY3/2026?

What dividend is SMFG forecasting?

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Higher net interest income of 1,282,937 million yen and net fees and commissions of 829,346 million yen supported results.

Total capital ratio 15.62% , CET1 ratio 12.59% , and leverage ratio 5.17% (consolidated, preliminary).

The consolidated NPL ratio was 0.76% . Total credit cost was 90,168 million yen .

ROE (denominator: total stockholders’ equity) was 16.3% ; the Tokyo Stock Exchange’s standard was 12.5% .

Targets include ordinary profit of 2,110.0 billion yen and profit attributable to owners of parent of 1,500.0 billion yen .

Common stock dividends are forecast at 78 yen interim and 157 yen annual; reference total annual dividend amount is 601.2 billion yen .

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group (SMFG) reported stronger first-half results. For the six months ended September 30, 2025, profit attributable to owners of parent was 933,505 million yen, up 208,333 million. Ordinary profit rose to 1,278,123 million yen as consolidated net business profit reached 1,148,060 million, driven by higher net interest income of 1,282,937 million and net fees and commissions of 829,346 million.

Costs and credit metrics were mixed. General and administrative expenses were 1,228,787 million. Total credit cost was 90,168 million. The consolidated NPL ratio increased to 0.76%. Capital remained solid with a total capital ratio of 15.62%, Common Equity Tier 1 ratio of 12.59%, and a leverage ratio of 5.17%. ROE was 16.3% (Tokyo Stock Exchange’s standard 12.5).

Outlook: For FY3/2026, targets include profit attributable to owners of parent of 1,500.0 billion yen and ordinary profit of 2,110.0 billion. The dividends forecast for common stock is 78 yen interim and 157 yen annual, with a reference total annual dividend amount of 601.2 billion yen.

H1 profits rose on net interest and fees; capital strong.

SMFG posted higher profitability as net interest income reached 1,282,937 million yen and net fees and commissions were 829,346 million yen, lifting ordinary profit to 1,278,123 million yen. Profit attributable to owners of parent was 933,505 million yen.

Asset quality signals were mixed: the consolidated NPL ratio increased to 0.76%, and total credit cost was 90,168 million yen. Capital ratios stayed robust, including CET1 at 12.59% and total capital at 15.62%, supporting resilience.

Guidance for FY3/2026 points to profit attributable to owners of parent of 1,500.0 billion yen and an annual dividend per share of 157 yen. Actual outcomes will depend on margin trends and credit costs disclosed in subsequent updates.

11/14/2025 - 06:09 AM

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 November 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 ☐

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: November 14, 2025

Financial Results

for the six months

ended September 30, 2025

- Supplementary Information -

Sumitomo Mitsui Financial Group, Inc.

Table of contents

Page

Income analysis

Consolidated

Non-consolidated

…

Interest spread (domestic)

Non-consolidated

…

Gains (losses) on securities

Non-consolidated

…

Unrealized gains (losses) on securities

Consolidated

Non-consolidated

…

Balance of securities, classified by maturity

Non-consolidated

…

Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity

Non-consolidated

…

Employee retirement benefits

Consolidated

Non-consolidated

…

Classification based on self-assessment and the Banking Act and the Reconstruction Act, and write-offs / reserves

Non-consolidated

…

Reserve for possible loan losses and reserve ratio

Consolidated

Non-consolidated

…

10.

Non-Performing Loans (NPLs) based on the Banking Act and the Reconstruction Act, and coverage

Consolidated

Non-consolidated

…

11.

Results of off-balancing of NPLs

Non-consolidated

…

12.

Loan portfolio, classified by industry

Non-consolidated

…

13.

Loan portfolio, classified by country

Non-consolidated

…

14.

Balance of deposits and loans

Non-consolidated

…

15.

Deferred tax assets and liabilities

Non-consolidated

…

16.

Capital ratio (BIS guidelines)

Consolidated

Non-consolidated

…

17.

ROE

Consolidated

…

18.

Earnings targets and dividends forecast for FY3/2026

Consolidated

Non-consolidated

…

Reference: Interim financial statements of SMBC

Non-consolidated

…

This document contains “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of us and our managements with respect to our future financial condition and results of operations. In many cases but not all, these statements contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “probability,” “risk,” “project,” “should,” “seek,” “target,” “will” and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; our ability to successfully implement our business strategy through our subsidiaries, affiliates and alliance partners; exposure to new risks as we expand the scope of our business; incurrence of significant credit-related costs; and declines in the value of our securities portfolio. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. We undertake no obligation to update or revise any forward-looking statements.

Please refer to our most recent disclosure documents such as our annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as our earnings press releases, for a more detailed description of the risks and uncertainties that may affect our financial conditions and our operating results, and investors’ decisions.

Sumitomo Mitsui Financial Group

1. Income analysis


Consolidated						(Millions of yen)
				Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
					Change

Consolidated gross profit			1	2,298,786	253,529	2,045,257

	Net interest income		2	1,282,937	156,540	1,126,397

	Trust fees		3	5,550	1,051	4,499

	Net fees and commissions		4	829,346	74,729	754,617

	Net trading income		5	141,842	(162,805)	304,647

	Net other operating income		6	39,109	184,013	(144,904)

General and administrative expenses			7	(1,228,787)	(56,040)	(1,172,747)

Equity in gains (losses) of affiliates			8	78,061	32,337	45,724


Consolidated net business profit			9	1,148,060	229,826	918,234


Total credit cost			10	(90,168)	(6,263)	(83,905)

	Credit costs		11	(107,884)	(3,769)	(104,115)

		Write-off of loans	12	(86,066)	1,779	(87,845)

		Provision for reserve for possible loan losses	13	(7,929)	(7,929)	-

		Others	14	(13,889)	2,381	(16,270)

	Gains on reversal of reserve for possible loan losses		15	-	(11,396)	11,396

	Recoveries of written-off claims		16	17,716	8,902	8,814

Gains (losses) on stocks			17	246,285	(47,938)	294,223

Other income (expenses)			18	(26,054)	72,026	(98,080)


Ordinary profit			19	1,278,123	247,651	1,030,472


Extraordinary gains (losses)			20	(2,649)	423	(3,072)

	Gains (losses) on disposal of fixed assets		21	(306)	1,802	(2,108)

	Losses on impairment of fixed assets		22	(1,830)	(1,532)	(298)

Income before income taxes			23	1,275,474	248,074	1,027,400

Income taxes - current			24	(333,759)	(68,940)	(264,819)

Income taxes - deferred			25	(3,652)	29,101	(32,753)

Profit			26	938,062	208,235	729,827

Profit attributable to non-controlling interests			27	(4,557)	98	(4,655)

Profit attributable to owners of parent			28	933,505	208,333	725,172

Notes:	1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
	2. Consolidated gross profit = (Interest income - Interest expenses) + Trust fees + (Fees and commissions - Fees and commissions payments) + (Trading income - Trading losses) + (Other operating income - Other operating expenses)

	Number of consolidated subsidiaries and affiliates
				Sep. 30, 2025		Mar. 31, 2025
					Change
	Consolidated subsidiaries		29	177	5	172
	Equity method affiliates		30	263	19	244

- 1 -

Sumitomo Mitsui Financial Group


SMBC non-consolidated						(Millions of yen)
				Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
				Six months ended Sep. 30, 2025	Change	Six months ended Sep. 30, 2024
Gross banking profit			1	1,376,974	215,149	1,161,825
	Gross domestic profit		2	644,790	144,444	500,346
		Net interest income	3	545,051	135,912	409,139
		Trust fees	4	2,017	465	1,552
		Net fees and commissions	5	120,449	6,774	113,675
		Net trading income	6	(7,580)	(8,529)	949
		Net other operating income	7	(15,146)	9,824	(24,970)

		Gains (losses) on bonds	8	(13,542)	12,866	(26,408)
	Gross international profit		9	732,184	70,705	661,479
		Net interest income	10	449,013	(5,303)	454,316
		Net fees and commissions	11	151,862	9,452	142,410
		Net trading income	12	56,947	(125,612)	182,559
		Net other operating income	13	74,361	192,168	(117,807)

		Gains (losses) on bonds	14	23,825	(9,381)	33,206
Expenses (excluding non-recurring losses)			15	(550,946)	(31,099)	(519,847)

Overhead ratio			16	40.0%	(4.7%)	44.7%
	Personnel expenses		17	(228,783)	(3,906)	(224,877)
	Non-personnel expenses		18	(287,197)	(26,388)	(260,809)
	Taxes		19	(34,965)	(805)	(34,160)

Banking profit (before provision for general reserve for possible loan losses)			20	826,027	184,049	641,978

Gains (losses) on bonds			21	10,283	3,486	6,797
	Core banking profit (20-21)		22	815,744	180,564	635,180

		excluding gains (losses) on cancellation of investment trusts	23	775,822	198,525	577,297

Provision for general reserve for possible loan losses			24	-	-	-
Banking profit			25	826,027	184,049	641,978
Non-recurring gains (losses)			26	374,938	52,248	322,690
	Credit costs		27	(1,953)	2,279	(4,232)
	Gains on reversal of reserve for possible loan losses		28	49,880	26,307	23,573
	Recoveries of written-off claims		29	9,501	9,237	264
	Gains (losses) on stocks		30	226,927	(49,194)	276,121
	Other non-recurring gains (losses)		31	90,582	63,619	26,963

Ordinary profit			32	1,200,966	236,298	964,668

Extraordinary gains (losses)			33	(1,568)	544	(2,112)
	Gains (losses) on disposal of fixed assets		34	(136)	1,756	(1,892)
	Losses on impairment of fixed assets		35	(1,432)	(1,213)	(219)
Income before income taxes			36	1,199,397	236,841	962,556
Income taxes - current			37	(250,345)	(45,224)	(205,121)
Income taxes - deferred			38	(29,039)	270	(29,309)

Net income			39	920,011	191,886	728,125


Total credit cost (24+27+28+29)			40	57,428	37,823	19,605
	Provision for general reserve for possible loan losses		41	41,300	(437)	41,737
	Write-off of loans		42	(13)	95	(108)
	Provision for specific reserve for possible loan losses		43	(462)	10,859	(11,321)
	Losses on sales of delinquent loans		44	(1,940)	2,184	(4,124)
	Provision for loan loss reserve for specific overseas countries		45	9,042	15,885	(6,843)
	Recoveries of written-off claims		46	9,501	9,237	264

Note: Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

- 2 -

Sumitomo Mitsui Financial Group

2. Interest spread (domestic)


SMBC non-consolidated							(%)
					Six months ended Sep. 30, 2025
			Three months ended Jun. 30, 2025	Three months ended Sep. 30, 2025	Six months ended Sep. 30, 2025	Change	Six months ended Sep. 30, 2024
Yield on interest earning assets (A)					0.95	0.34	0.61
	Interest earned on loans and bills discounted (C)		1.26	1.30	1.28	0.34	0.94
	Interest earned on securities				1.54	(0.04)	1.58
Total cost of funding (including expenses) (B)					0.66	0.17	0.49
	Cost of interest bearing liabilities				0.22	0.16	0.06
		Interest paid on deposits, etc. (D)	0.18	0.19	0.18	0.15	0.03
		Interest paid on other liabilities			0.52	0.24	0.28
	Expense ratio				0.44	0.02	0.42
Overall interest spread (A) - (B)					0.29	0.17	0.12
	Interest spread (C) - (D)		1.08	1.11	1.10	0.19	0.91

Note: From the fiscal year ended March 31, 2025, the yield on interest earning assets was calculated by considering the interest earning portion of the deposit with the Bank of Japan, and this change was retroactively applied to the six months ended September 30, 2024.
	Reference: After deducting loans to the Japanese government, etc.
	Interest earned on loans and bills discounted (E)		1.27	1.30	1.29	0.32	0.97
	Interest spread (E) - (D)		1.09	1.11	1.11	0.17	0.94

3. Gains (losses) on securities

SMBC non-consolidated							(Millions of yen)
					Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
					Six months ended Sep. 30, 2025	Change	Six months ended Sep. 30, 2024
Gains (losses) on bonds					10,283	3,486	6,797
	Gains on sales				28,239	(7,119)	35,358
	Losses on sales				(16,912)	9,075	(25,987)
	Gains on redemption				0	0	0
	Losses on redemption				(990)	1,583	(2,573)
	Losses on devaluation				(52)	(52)	-

Gains (losses) on stocks					226,927	(49,194)	276,121
	Gains on sales				248,425	(42,479)	290,904
	Losses on sales				(7,751)	(7,539)	(212)
	Losses on devaluation				(13,746)	824	(14,570)

- 3 -

Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities


Consolidated											(Millions of yen)
					Sep. 30, 2025					Mar. 31, 2025
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses) (b)

						(a)	(a) - (b)	Gains	Losses

	Held-to-maturity securities			1	1,710,238	(15,719)	(9,545)	-	15,719	274,414	(6,174)

	Other securities			2	36,931,906	3,222,939	416,916	3,876,918	653,978	39,776,760	2,806,023

		Stocks		3	3,335,206	2,300,175	339,249	2,301,689	1,513	3,045,167	1,960,926

		Bonds		4	11,773,291	(152,404)	(7,567)	7,570	159,975	13,893,477	(144,837)

			Japanese government bonds	5	9,277,588	(52,450)	(55)	274	52,725	11,180,546	(52,395)

		Others		6	21,823,408	1,075,168	85,235	1,567,658	492,489	22,838,114	989,933

			Foreign bonds	7	17,091,270	(328,899)	120,199	114,931	443,831	17,424,744	(449,098)

	Other money held in trust			8	521	-	-	-	-	520	-

	Total			9	38,642,666	3,207,220	407,371	3,876,918	669,697	40,051,695	2,799,849

		Stocks		10	3,335,206	2,300,175	339,249	2,301,689	1,513	3,045,167	1,960,926

		Bonds		11	13,470,582	(168,123)	(17,112)	7,570	175,694	14,167,892	(151,011)

		Others		12	21,836,877	1,075,168	85,235	1,567,658	492,489	22,838,635	989,933

SMBC non-consolidated											(Millions of yen)
					Sep. 30, 2025					Mar. 31, 2025
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses) (b)

						(a)	(a) - (b)	Gains	Losses

	Held-to-maturity securities			13	1,340,359	(10,420)	(9,262)	-	10,420	22,300	(1,158)

	Stocks of subsidiaries and affiliates			14	5,198,315	(12,590)	57,468	2,655	15,246	5,009,805	(70,058)

	Other securities			15	30,413,094	2,152,722	378,284	2,794,697	641,974	33,564,599	1,774,438

		Stocks		16	2,928,885	2,112,710	295,540	2,114,194	1,483	2,693,563	1,817,170

		Bonds		17	11,715,559	(148,031)	(7,137)	7,575	155,607	13,835,139	(140,894)

			Japanese government bonds	18	9,277,588	(52,450)	(55)	274	52,725	11,180,546	(52,395)

		Others		19	15,768,650	188,044	89,882	672,927	484,883	17,035,896	98,162

			Foreign bonds	20	12,095,468	(358,129)	100,781	78,286	436,416	12,711,011	(458,910)

	Total			21	36,951,769	2,129,712	426,491	2,797,353	667,641	38,596,705	1,703,221

		Stocks		22	3,228,839	2,115,366	296,496	2,116,849	1,483	2,987,917	1,818,870

		Bonds		23	13,055,918	(158,452)	(16,400)	7,575	166,028	13,857,439	(142,052)

		Others		24	20,667,012	172,798	146,396	672,927	500,129	21,751,347	26,402


Notes:	1.	The figures above include negotiable certificates of deposit in “Cash and due from banks” and beneficiary claims on loan trust in “Monetary claims bought.”

	2.	Net unrealized gains (losses) are measured based on the market prices of securities as of the balance sheet date.

	3.	Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) represent the difference between the acquisition costs (or amortized costs) and the balance sheet amounts.

- 4 -

Sumitomo Mitsui Financial Group

5. Balance of securities, classified by maturity

Balance of other securities with maturities and bonds of held-to-maturity


SMBC non-consolidated																	(Billions of yen)
		Sep. 30, 2025										Mar. 31, 2025

		1 year or less		More than 1 year to 5 years		More than 5 years to 10 years		More than 10 years		Total		1 year or less		More than 1 year to 5 years		More than 5 years to 10 years		More than 10 years		Total

Bonds			7,377.0		2,949.2		2,149.5		580.2		13,055.9		10,374.0		2,320.2		692.5		470.7	13,857.4
	Japanese government bonds		6,739.9		2,002.8		1,597.4		255.6		10,595.6		9,663.6		1,352.8		39.6		124.5	11,180.5
	Japanese local government bonds		101.7		321.1		319.6		3.8		746.2		126.0		268.0		417.1		4.0	815.1
	Japanese short-term bonds		49.9		-		-		-		49.9		49.9		-		-		-	49.9
	Japanese corporate bonds		485.5		625.3		232.5		320.8		1,664.2		534.4		699.4		235.8		342.2	1,811.8

Others			3,049.0		3,783.2		1,520.4		4,637.1		12,989.7		2,665.0		4,342.5		2,314.9		4,766.7	14,089.0

Total			10,426.0		6,732.4		3,669.9		5,217.3		26,045.6		13,039.0		6,662.6		3,007.4		5,237.4	27,946.4

6. Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity

SMBC non-consolidated

(Billions of yen)


		Sep. 30, 2025				Mar. 31, 2025

		1 year or less	More than 1 year to 5 years	More than 5 years	Total	1 year or less	More than 1 year to 5 years	More than 5 years	Total
	Receivable fixed rate / payable floating rate	11,067.4	23,372.1	11,515.1	45,954.6	6,123.9	28,228.2	11,046.2	45,398.3
	Receivable floating rate / payable fixed rate	3,729.0	9,351.2	11,299.2	24,379.4	1,101.7	9,181.4	13,470.7	23,753.7
	Receivable floating rate / payable floating rate	-	-	-	-	425.0	-	-	425.0

Total		14,796.4	32,723.4	22,814.2	70,334.0	7,650.6	37,409.6	24,516.9	69,577.0

- 5 -

Sumitomo Mitsui Financial Group

7. Employee retirement benefits

Consolidated

(1) Projected benefit obligation


					(Millions of yen)
			At the beginning of FY3/2026		At the beginning of FY3/2025
			At the beginning of FY3/2026	Change	At the beginning of FY3/2025
Fair value of plan assets		(A)	1,805,602	(15,617)	1,821,219
Projected benefit obligation		(B)	852,205	(92,485)	944,690
Net surplus (deficit)		(A-B)	953,397	76,869	876,528
	Net defined benefit asset		987,288	73,497	913,791
	Net defined benefit liability		33,890	(3,373)	37,263

Measurements of defined benefit plans (before tax effect deduction)			(404,307)	5,465	(409,772)
	Unrecognized prior service cost (deductible from the obligation)		(9,408)	2,390	(11,798)
	Unrecognized net actuarial gain (loss)		(394,898)	3,076	(397,974)
(2) Retirement benefit expenses
					(Millions of yen)
			Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
			Six months ended Sep. 30, 2025	Change	Six months ended Sep. 30, 2024
Retirement benefit expenses			(33,037)	(19,554)	(13,483)
SMBC non-consolidated
(1) Projected benefit obligation
					(Millions of yen)
			At the beginning of FY3/2026		At the beginning of FY3/2025
			At the beginning of FY3/2026	Change	At the beginning of FY3/2025
Projected benefit obligation		(A)	709,650	(83,541)	793,191
	<Discount rate>		<1.95%>	<0.69%>	<1.26%>
	Fair value of plan assets	(B)	1,674,216	(15,254)	1,689,470
	Reserve for employee retirement benefits	(C)	-	-	-
	Prepaid pension cost	(D)	558,899	79,211	479,688
	Unrecognized prior service cost (deductible from the obligation)	(E)	(11,047)	2,651	(13,698)
	Unrecognized net actuarial gain (loss)	(A-B-C+D-E)	(394,619)	8,273	(402,892)
(2) Retirement benefit expenses
					(Millions of yen)
			Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
			Six months ended Sep. 30, 2025	Change	Six months ended Sep. 30, 2024
Retirement benefit expenses			(44,977)	(20,216)	(24,761)
	Service cost		7,097	(1,278)	8,375
	Interest cost on projected benefit obligation		6,919	1,922	4,997
	Expected returns on plan assets		(33,124)	(10,272)	(22,852)
	Amortization of unrecognized prior service cost		(1,325)	-	(1,325)
	Amortization of unrecognized net actuarial gain (loss)		(30,007)	(11,138)	(18,869)
	Others		5,462	549	4,913

- 6 -

Sumitomo Mitsui Financial Group

8. Classification based on self-assessment and the Banking Act and the Reconstruction Act, and write-offs / reserves

LOGO



*1		Direct write-offs include a direct reduction of 186.2 billion yen.
*2		Specific reserve includes reserves for assets that are not subject to disclosure based on the Banking Act and the Reconstruction Act. (Bankrupt/Effectively bankrupt borrowers: 2.9 billion yen, Potentially bankrupt borrowers: 4.5 billion yen)
*3		Reserve ratios for claims on “Bankrupt borrowers”, “Effectively bankrupt borrowers”, “Potentially bankrupt borrowers”, “Substandard borrowers” and “Borrowers requiring caution (including Substandard borrowers)” represent the proportion of the reserve for possible loan losses to each category’s total claims, excluding amounts secured by collateral or guarantees, etc.
*4		Reserve ratios for claims on “Normal borrowers” and “Borrowers requiring caution (excluding claims to Substandard borrowers)” represent the proportion of reserves for possible loan losses to the respective claims of each category. The reserve ratio for unsecured claims on “Borrowers requiring caution (excluding claims to Substandard borrowers)” is shown in [ ].
*5		General reserve includes the Specific reserve for “Borrowers requiring caution,” totaling 0.0 billion yen.
*6		The reserve ratio reflects the proportion of reserve to claims, excluding amounts secured by collateral or guarantees, etc.

- 7 -

Sumitomo Mitsui Financial Group

9. Reserve for possible loan losses and reserve ratio



Consolidated						(Millions of yen, %)
		Sep. 30, 2025			Mar. 31, 2025
		Sep. 30, 2025			Mar. 31, 2025
		(a)	Reserve Ratio (b)	(a) - (c)	(c)	Reserve Ratio (d)
Reserve for possible loan losses		890,823	87.73	(35,108)	925,931	105.02
	General reserve	685,668		(42,047)	727,715
	Specific reserve	192,261		15,981	176,280
	Loan loss reserve for specific overseas countries	12,893		(9,042)	21,935

	Amount of direct reduction	251,823		8,852	242,971

SMBC non-consolidated						(Millions of yen, %)
		Sep. 30, 2025			Mar. 31, 2025
		Sep. 30, 2025			Mar. 31, 2025
		(a)	Reserve Ratio (b)	(a) - (c)	(c)	Reserve Ratio (d)
Reserve for possible loan losses		569,864	93.27	(55,674)	625,538	116.60
	General reserve	454,915		(45,390)	500,305
	Specific reserve	102,078		(1,241)	103,319
	Loan loss reserve for specific overseas countries	12,870		(9,042)	21,912

	Amount of direct reduction	186,186		(11,578)	197,764

Note:

Reserve ratio (calculated as Reserve for possible loan losses divided by Non-Performing Loans (NPLs) based on the Banking Act and the Reconstruction Act, excluding normal assets) is determined after direct reduction.

- 8 -

Sumitomo Mitsui Financial Group

10. Non-Performing Loans (NPLs) based on the Banking Act and the Reconstruction Act, and coverage


Consolidated					(Millions of yen, %)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)
	Bankrupt and quasi-bankrupt loans		77,187	1,953	75,234
	Doubtful loans		517,813	63,046	454,767
	Substandard loans		420,446	68,753	351,693
		Past due loans (3 months or more)	76,796	15,953	60,843
		Restructured loans	343,649	52,799	290,850
Total (A)			1,015,447	133,751	881,696

	Normal assets		131,943,466	1,862,661	130,080,805
	Grand total (B)		132,958,913	1,996,412	130,962,501
NPL ratio (A/B)			0.76	0.09	0.67

					(Millions of yen)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)
Total coverage (C)			608,079	70,954	537,125
	Reserve for possible loan losses (D)		244,651	42,885	201,766
	Amount recoverable by guarantees, collateral and others (E)		363,427	28,068	335,359

					(%)
Coverage ratio (C) / (A)			59.88	(1.04)	60.92
Coverage ratio calculated with total reserve for possible loan losses included in the numerator			123.52	(19.53)	143.05

					(%)
Reserve ratio to unsecured assets (D) / (A - E)			37.52	0.59	36.93
Reserve ratio calculated with total reserve for possible loan losses included in the numerator			136.63	(32.85)	169.48

SMBC non-consolidated					(Millions of yen, %)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)
	Bankrupt and quasi-bankrupt loans		48,081	(7,713)	55,794
	Doubtful loans		341,612	18,151	323,461
	Substandard loans		221,308	64,076	157,232
		Past due loans (3 months or more)	23,178	1,513	21,665
		Restructured loans	198,130	62,564	135,566
Total (A)			611,002	74,515	536,487

	Normal assets		124,699,229	1,828,770	122,870,459
	Grand total (B)		125,310,232	1,903,285	123,406,947
NPL ratio (A/B)			0.49	0.06	0.43

					(Millions of yen)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)
Total coverage (C)			478,466	40,298	438,168
	Reserve for possible loan losses (D)		160,160	10,121	150,039
	Amount recoverable by guarantees, collateral and others (E)		318,306	30,177	288,129

					(%)
Coverage ratio (C) / (A)			78.31	(3.36)	81.67
Coverage ratio calculated with total reserve for possible loan losses included in the numerator			145.36	(24.95)	170.31

					(%)
Reserve ratio to unsecured assets (D) / (A - E)			54.72	(5.69)	60.41
Reserve ratio calculated with total reserve for possible loan losses included in the numerator			194.69	(57.18)	251.87

Note: Reserve for possible loan losses is the sum of general reserve for substandard loans and specific reserve

- 9 -

Sumitomo Mitsui Financial Group

11. Results of off-balancing of NPLs

SMBC non-consolidated

(Billions of yen)




			Sep. 30, 2025 (a)	(a) - (b)	NPLs newly classified during the six months ended Sep. 30, 2025	Amount of off-balancing	Mar. 31, 2025 (b)

	Bankrupt and quasi-bankrupt loans		48.1	(7.7)	7.3	(15.1)	55.8

	Doubtful loans		341.6	18.2	49.9	(31.7)	323.5

	Total		389.7	10.4	57.2	(46.8)	379.3

Result of measures connected to off-balancing (*1)			31.0				38.3



		Breakdown of off-balancing by factor (*2)	Disposition by borrowers’ liquidation			(1.8)
			Reconstructive disposition			(1.8)
			Improvement in debtors’ performance due to reconstructive disposition			-
			Loan sales to market			(2.6)
			Direct write-offs			21.2
			Others			(61.9)
				Collection / repayment, etc.		(45.9)
				Improvement in debtors’ performance		(16.1)

			Total			(46.8)


*1	The measures connected to off-balancing include legal reorganizations and other similar measures, corporate splits to good companies and bad companies, partial direct write-offs of retail exposure to individuals and small- and medium-sized enterprises, and trusts to RCC for revitalization that is scheduled to be off-balanced before maturity.

*2	1.	“Disposition by borrowers’ liquidation” refers to the abandonment or write-off of loans involved in bankruptcy liquidation proceedings (bankruptcy or special liquidations).

	2.	“Reconstructive disposition” refers to the abandonment of loans involved in reconstructive bankruptcy proceedings (including corporate reorganization and civil rehabilitation), debt forgiveness in special mediation or other civil mediation, or debt forgiveness for restructuring in private reorganization.

- 10 -

Sumitomo Mitsui Financial Group

12. Loan portfolio, classified by industry

SMBC non-consolidated

(1) Loans and bills discounted, classified by industry

(Millions of yen, %)


		Sep. 30, 2025			Mar. 31, 2025
		(a)	Ratio	(a) - (b)	(b)	Ratio
Domestic offices (excluding Japan offshore banking accounts)		69,209,264	100.0	1,764,162	67,445,102	100.0
	Manufacturing	11,292,952	16.3	823,920	10,469,032	15.5
	Agriculture, forestry, fisheries and mining	270,703	0.4	20,095	250,608	0.4
	Construction	1,095,496	1.6	129,847	965,649	1.4
	Transportation, communications and public enterprises	7,227,219	10.4	837,766	6,389,453	9.5
	Wholesale and retail	5,222,168	7.5	(26,284)	5,248,452	7.8
	Finance and insurance	9,368,032	13.5	234,550	9,133,482	13.5
	Real estate	13,116,392	19.0	869,269	12,247,123	18.2
	Goods rental and leasing	2,736,506	4.0	114,766	2,621,740	3.9
	Various services	4,954,581	7.2	97,108	4,857,473	7.2
	Municipalities	442,523	0.6	(52,188)	494,711	0.7
	Others	13,482,688	19.5	(1,284,685)	14,767,373	21.9
Overseas offices and Japan offshore banking accounts		37,502,990	100.0	432,500	37,070,490	100.0
	Public sector	592,536	1.6	11,747	580,789	1.6
	Financial institutions	3,239,560	8.6	176,897	3,062,663	8.2
	Commerce and industry	32,050,890	85.5	550,383	31,500,507	85.0
	Others	1,620,002	4.3	(306,526)	1,926,528	5.2
Total		106,712,255	-	2,196,663	104,515,592	-

- 11 -

Sumitomo Mitsui Financial Group

(2) NPLs based on the Banking Act and the Reconstruction Act, classified by industry, and reserve ratio

(Millions of yen, %)


		Sep. 30, 2025			Mar. 31, 2025
		(a)	Reserve ratio	(a) - (b)	(b)
Domestic offices (excluding Japan offshore banking accounts)		257,206	60.7	(8,502)	265,708
	Manufacturing	86,556	62.2	(1,506)	88,062
	Agriculture, forestry, fisheries and mining	439	94.8	(108)	547
	Construction	4,936	53.6	(590)	5,526
	Transportation, communications and public enterprises	15,775	51.8	(1,815)	17,590
	Wholesale and retail	46,008	48.0	1,143	44,865
	Finance and insurance	4,369	52.4	(1,184)	5,553
	Real estate	16,006	69.2	(1,703)	17,709
	Goods rental and leasing	447	51.3	160	287
	Various services	56,601	51.8	(1,825)	58,426
	Municipalities	-	-	-	-
	Others	26,064	100.0	(1,076)	27,140
Overseas offices and Japan offshore banking accounts		353,796	51.7	83,017	270,779
	Public sector	-	-	-	-
	Financial institutions	-	-	-	-
	Commerce and industry	349,052	50.5	83,058	265,994
	Others	4,743	95.9	(42)	4,785
Total		611,002	54.7	74,515	536,487


Note:		Reserve ratio

		= (Reserve for possible loan losses) / (Assets excluding amounts recoverable due to guarantees, collateral and others) X 100

		Reserve for possible loan losses is the sum of general reserve for substandard loans and specific reserve.

(3) Consumer loans outstanding


					(Millions of yen)
			Sep. 30, 2025		Mar. 31, 2025

			(a)	(a) - (b)	(b)

Consumer loans			11,951,211	(134,114)	12,085,325
	Housing loans		11,140,726	(153,103)	11,293,829

		Self-residential purpose	9,378,965	(112,385)	9,491,350

	Other consumer loans		810,485	18,990	791,495
(4) Loans to small- and medium-sized enterprises, etc.
					(Millions of yen, %)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)
Outstanding balance			41,073,919	999,688	40,074,231
Ratio to total loans			59.3	(0.1)	59.4

Note: Outstanding balance includes loans to individuals.

- 12 -

Sumitomo Mitsui Financial Group

13. Loan portfolio, classified by country

SMBC non-consolidated

(1) Loans outstanding, classified by major domicile

(Millions of yen, %)


		Sep. 30, 2025			Mar. 31, 2025
		(a)	Ratio	(a) - (b)	(b)	Ratio
Asia		7,263,377	20.3	(202,409)	7,465,786	20.7
	Indonesia	187,043	0.5	(25,611)	212,654	0.6
	Thailand	1,025,837	2.9	(111,054)	1,136,891	3.1
	Korea	445,913	1.2	13,756	432,157	1.2
	Hong Kong	953,641	2.7	(162,849)	1,116,490	3.1
	China	67,529	0.2	(10,991)	78,520	0.2
	Taiwan	326,798	0.9	(26,387)	353,185	1.0
	Singapore	2,116,845	5.9	(12,057)	2,128,902	5.9
	India	1,271,894	3.6	62,676	1,209,218	3.4
	Others	867,877	2.4	70,108	797,769	2.2
Oceania		3,122,285	8.7	126,531	2,995,754	8.4
	Australia	3,018,653	8.4	113,809	2,904,844	8.1
	Others	103,632	0.3	12,722	90,910	0.3
North America		14,792,921	41.4	95,883	14,697,038	41.1
	United States	11,750,504	32.9	346,411	11,404,093	31.9
	Others	3,042,417	8.5	(250,528)	3,292,945	9.2
Central and South America		2,277,358	6.4	(53,690)	2,331,048	6.5
	Brazil	400,326	1.1	(8,027)	408,353	1.1
	Panama	424,480	1.2	(5,606)	430,086	1.2
	Others	1,452,552	4.1	(40,057)	1,492,609	4.2
Western Europe		5,014,229	14.0	(95,709)	5,109,938	14.3
	United Kingdom	1,008,487	2.8	(99,826)	1,108,313	3.1
	Ireland	480,666	1.3	(71,517)	552,183	1.5
	Netherlands	644,212	1.8	(67,685)	711,897	2.0
	Others	2,880,864	8.1	143,319	2,737,545	7.7
Eastern Europe		166,317	0.5	(34,488)	200,805	0.6
	Russia	109,603	0.3	(47,586)	157,189	0.5
	Others	56,714	0.2	13,098	43,616	0.1
Others		3,110,401	8.7	113,539	2,996,862	8.4

Total		35,746,888	100.0	(50,343)	35,797,231	100.0

Note: Classified by domicile of debtors.

(2) NPLs based on the Banking Act and the Reconstruction Act, classified by domicile

(Millions of yen, %)


		Sep. 30, 2025			Mar. 31, 2025
		(a)	Reserve Ratio	(a) - (b)	(b)
Overseas offices and Japan offshore banking accounts		353,796	51.7	83,017	270,779
	Asia	148,479	51.0	58,986	89,493
	Oceania	8,760	52.2	65	8,695
	North America	50,210	69.3	8,667	41,543
	Central and South America	35,341	61.4	8,801	26,540
	Western Europe	83,447	43.3	5,160	78,287
	Eastern Europe	19,858	32.4	1,405	18,453
	Others	7,698	64.5	(68)	7,766

- 13 -

Sumitomo Mitsui Financial Group

14. Balance of deposits and loans

SMBC non-consolidated

(1) Average balance of deposits and loans


					(Millions of yen)
			Six months ended		Six months ended
			Sep. 30, 2025 (a)	(a) - (b)	Sep. 30, 2024 (b)

Deposits			160,931,078	5,561,766	155,369,312

	Domestic units		125,957,168	2,604,238	123,352,930


Loans			105,455,332	3,990,329	101,465,003

	Domestic units		64,288,192	4,188,009	60,100,183
Note: Deposits do not include negotiable certificates of deposit. (2) Balance of deposits and loans, classified by type of depositor
					(Millions of yen)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)

Deposits			157,291,560	(2,440,111)	159,731,671
	Domestic deposits (excluding Japan offshore banking accounts)		128,036,187	(2,788,130)	130,824,317

		Individuals	61,647,835	428,709	61,219,126

		Corporates	66,388,352	(3,216,839)	69,605,191


Loans			106,712,255	2,196,663	104,515,592
	Domestic offices (excluding Japan offshore banking accounts)		69,209,264	1,764,162	67,445,102

	Overseas offices and Japan offshore banking accounts		37,502,990	432,500	37,070,490
Note: Deposits do not include negotiable certificates of deposit. Reference:
					(Billions of yen)
			Sep. 30, 2025		Mar. 31, 2025
			(a)	(a) - (b)	(b)

Balance of investment trusts			5,219.7	596.0	4,623.7

	Balance to individuals		4,081.4	426.7	3,654.7
Note: Balance of investment trusts is recognized on a contract basis and measured according to each fund’s net asset balance at the end of the period.
					(Billions of yen)
			Six months ended		Six months ended
			Sep. 30, 2025 (a)	(a) - (b)	Sep. 30, 2024 (b)

Sales of investment trusts to individuals			398.1	11.7	386.4


Sales of pension-type insurance to individuals			32.5	(2.5)	35.0

- 14 -

Sumitomo Mitsui Financial Group

15. Deferred tax assets and liabilities


							(Billions of yen)

SMBC non-consolidated					Sep. 30, 2025	Change from Mar. 31, 2025	Mar. 31, 2025
(a)	Total deferred tax assets		(b-c)	1	450.2	(28.2)	478.4
	(b)	Subtotal of deferred tax assets		2	571.0	(48.2)	619.2
		Reserve for possible loan losses and write-off of loans		3	238.7	(20.3)	259.0
		Taxable write-off of securities		4	96.4	4.4	92.0
		Others		5	235.9	(32.3)	268.2
	(c) Valuation allowance			6	120.8	(20.0)	140.8
(d) Total deferred tax liabilities				7	747.9	137.3	610.6
	Net unrealized gains on other securities			8	635.2	138.4	496.8
	Others			9	112.7	(1.1)	113.8

Net deferred tax assets			(a-d)	10	(297.7)	(165.5)	(132.2)
	Amount corresponding to net deferred gains (losses) on hedges included in line 5 and net unrealized gains (losses) on other securities included in line 8			11	(554.1)	(135.7)	(418.4)
	Others			12	256.4	(29.8)	286.2

SMBC recognized deferred tax assets in accordance with paragraph 19 (Category 2) of the “Implementation Guidance on Recoverability of Deferred Tax Assets” (ASBJ Guidance No.26), based on the consistent generation of taxable income, excluding amounts from extraordinary factors, over the current and past three fiscal years.

Reference: Income of final tax return before deducting operating loss carryforwards for the last 3 years


				(Billions of yen)

	FY3/2023	FY3/2024	FY3/2025	1H, FY3/2026
Income of final tax return before deducting operating loss carryforwards	621.2	1,104.6	1,467.8	868.3


Note: The figure for 1H, FY3/2026 was estimated in the interim closing.

- 15 -

Sumitomo Mitsui Financial Group

16. Capital ratio (BIS guidelines)

(Basel III basis)


Consolidated			(Billions of yen, %)
	Sep. 30, 2025 [Preliminary]		Mar. 31, 2025
	(a)	(a) - (b)	(b)

(1) Total capital ratio (4) / (7)	15.62	0.44	15.18

(2) Tier 1 capital ratio (5) / (7)	14.59	0.36	14.23

(3) Common equity Tier 1 capital ratio (6) / (7)	12.59	0.15	12.44

(4) Total capital	14,813.2	669.1	14,144.1

(5) Tier 1 capital	13,838.4	579.6	13,258.8

(6) Common equity Tier 1 capital	11,937.7	352.6	11,585.1

(7) Risk weighted assets	94,789.4	1,672.3	93,117.1

(8) Required capital (7) X 8%	7,583.2	133.8	7,449.4

(9) Leverage Ratio	5.17	0.16	5.01

SMBC consolidated

(1) Total capital ratio	16.96	0.18	16.78

(2) Tier 1 capital ratio	15.45	0.13	15.32

(3) Common equity Tier 1 capital ratio	12.33	(0.17)	12.50

(4) Leverage Ratio	5.12	0.02	5.10

SMBC non-consolidated

(1) Total capital ratio	15.71	0.99	14.72

(2) Tier 1 capital ratio	13.92	0.89	13.03

(3) Common equity Tier 1 capital ratio	10.55	0.54	10.01

(4) Leverage Ratio	4.75	0.34	4.41

17. ROE
Consolidated			(%)
	Six months ended Sep. 30, 2025		Six months ended Sep. 30, 2024
	(a)	(a) - (b)	(b)

ROE (Tokyo Stock Exchange’s standard)	12.5	2.7	9.8

ROE (denominator: Total stockholders’ equity)	16.3	3.0	13.3

Note:


ROE (denominator: Total stockholders’ equity)	=	(Profit attributable to owners of parent) x (Number of days in a year (365 days)) / (Number of days in the period (183 days))	X 100
		{(Total stockholders’ equity at the beginning of the period) + (Total stockholders’ equity at the end of the period)} / 2

- 16 -

Sumitomo Mitsui Financial Group

18. Earnings targets and dividends forecast for FY3/2026

(1) Earnings targets


Consolidated		(Billions of yen)
	FY3/2026	FY3/2025 Result
Consolidated net business profit	2,050.0	1,719.3
Total credit cost	(300.0)	(344.5)
Ordinary profit	2,110.0	1,719.5
Profit attributable to owners of parent	1,500.0	1,178.0

SMBC non-consolidated		(Billions of yen)
	FY3/2026	FY3/2025 Result
Banking profit (before provision for general reserve for possible loan losses)	1,380.0	1,184.4
Total credit cost	(60.0)	(150.8)
Ordinary profit	1,720.0	1,488.1
Net income	1,290.0	1,068.6

(2) Dividends forecast
			(Yen)
	FY3/2026		FY3/2025
			FY3/2025
	Interim	Annual	Result
Dividend per share for common stock	78	157	122
Note: On October 1, 2024, the Company executed a three-for-one split of its common stock, with a record date of September 30, 2024.

The amount of dividend per share for common stock for the fiscal year ended March 31, 2025, reflects the impact of the stock split.
Reference:			(Billions of yen)
	FY3/2026		FY3/2025
			FY3/2025
	Interim	Annual	Result
Total dividend	300.1	601.2	475.1

- 17 -

Sumitomo Mitsui Financial Group

Reference: Financial Statements of SMBC

1. Condensed balance sheet

SMBC non-consolidated


			(Millions of yen)
	Sep. 30, 2025		Mar. 31, 2025
	(a)	(a) - (b)	(b)

Assets

Cash and due from banks	66,409,192	(3,352,787)	69,761,979

Call loans	5,009,119	524,349	4,484,770

Receivables under resale agreements	6,206,208	(2,419,776)	8,625,984

Receivables under securities borrowing transactions	1,792,748	661,012	1,131,736

Monetary claims bought	2,209,347	64,180	2,145,167

Trading assets	3,624,781	160,631	3,464,150

Securities	36,029,299	(1,532,552)	37,561,851

Loans and bills discounted	106,712,255	2,196,663	104,515,592

Foreign exchanges	2,166,749	(366,666)	2,533,415

Other assets	6,957,649	(423,350)	7,380,999

Tangible fixed assets	770,432	18,005	752,427

Intangible fixed assets	436,501	32,064	404,437

Prepaid pension cost	620,347	61,448	558,899

Customers’ liabilities for acceptances and guarantees	15,145,105	145,683	14,999,422

Reserve for possible loan losses	(569,864)	55,674	(625,538)

Reserve for possible losses on investments	(3,259)	89,311	(92,570)

Total assets	253,516,614	(4,086,111)	257,602,725

Note: Amounts less than 1 million yen are rounded down.

- 18 -

Sumitomo Mitsui Financial Group

(Millions of yen)


	Sep. 30, 2025		Mar. 31, 2025
	(a)	(a) - (b)	(b)

Liabilities

Deposits	157,291,560	(2,440,111)	159,731,671

Negotiable certificates of deposit	16,335,880	(1,153,695)	17,489,575

Call money	902,293	(35,715)	938,008

Payables under repurchase agreements	16,029,896	(1,344,079)	17,373,975

Payables under securities lending transactions	800,446	(500,638)	1,301,084

Commercial paper	2,316,937	492,418	1,824,519

Trading liabilities	3,193,753	653,051	2,540,702

Borrowed money	20,655,335	(505,361)	21,160,696

Foreign exchanges	2,085,226	269,811	1,815,415

Bonds	305,090	(89,968)	395,058

Due to trust account	1,453,729	(81,994)	1,535,723

Other liabilities	7,939,924	(589,972)	8,529,896

Reserve for employee bonuses	12,255	(2,302)	14,557

Reserve for executive bonuses	-	(1,292)	1,292

Reserve for point service program	2,226	63	2,163

Reserve for reimbursement of deposits	3,024	(1,645)	4,669

Deferred tax liabilities	297,684	165,514	132,170

Deferred tax liabilities for land revaluation	26,241	(183)	26,424

Acceptances and guarantees	15,145,105	145,683	14,999,422

Total liabilities	244,796,610	(5,020,418)	249,817,028

Net assets

Capital stock	1,771,093	-	1,771,093

Capital surplus	1,774,651	-	1,774,651

Capital reserve	1,771,140	-	1,771,140

Other capital surplus	3,510	-	3,510

Retained earnings	4,567,504	731,802	3,835,702

Other retained earnings	4,567,504	731,802	3,835,702

Voluntary reserve for retirement allowances	1,656	-	1,656

Voluntary reserve	219,845	-	219,845

Retained earnings brought forward	4,346,003	731,802	3,614,201

Treasury stock	(210,003)	-	(210,003)

Total stockholders’ equity	7,903,246	731,802	7,171,443

Net unrealized gains (losses) on other securities	1,515,005	239,424	1,275,580

Net deferred gains (losses) on hedges	(718,492)	(34,057)	(684,434)

Land revaluation excess	20,245	(2,862)	23,107

Total valuation and translation adjustments	816,757	202,504	614,253

Total net assets	8,720,004	934,306	7,785,697

Total liabilities and net assets	253,516,614	(4,086,111)	257,602,725

Note: Amounts less than 1 million yen are rounded down.

- 19 -

Sumitomo Mitsui Financial Group

2. Condensed income statement

SMBC non-consolidated


									(Millions of yen)


	Six months ended Sep. 30, 2025 (a)			Six months ended Sep. 30, 2024
	Six months ended Sep. 30, 2025 (a)	(a) - (b)		(b)
Ordinary income	3,784,788	32,707		3,752,081

Interest income	2,827,462	539		2,826,923

Interest on loans and discounts	1,503,007	(26,568	)	1,529,575

Interest and dividends on securities	544,154	(5,623	)	549,777

Trust fees	2,039	449		1,590

Fees and commissions	402,726	39,476		363,250

Trading income	57,660	(126,512	)	184,172

Other operating income	90,403	49,379		41,024

Other income	404,496	69,376		335,120
Ordinary expenses	2,583,822	(203,591	)	2,787,413

Interest expenses	1,833,397	(130,071	)	1,963,468

Interest on deposits	680,927	15,620		665,307

Fees and commissions payments	130,437	23,235		107,202

Trading losses	8,294	7,631		663

Other operating expenses	31,188	(152,613	)	183,801

General and administrative expenses	524,550	20,769		503,781

Other expenses	55,954	27,459		28,495

Ordinary profit	1,200,966	236,298		964,668

Extraordinary gains	2,194	713		1,481

Extraordinary losses	3,763	170		3,593

Income before income taxes	1,199,397	236,841		962,556

Income taxes - current	250,345	45,224		205,121

Income taxes - deferred	29,039	(270	)	29,309

Total income taxes	279,385	44,955		234,430

Net income	920,011	191,886		728,125

Note: Amounts less than 1 million yen are rounded down.

- 20 -

Sumitomo Mitsui Financial Group

3. Statement of changes in net assets

SMBC non-consolidated


Six months ended September 30, 2025																				(Millions of yen)
			Capital surplus						Retained earnings
									Other retained earnings
	Capital stock		Capital reserve			Other capital surplus			Voluntary reserve for retirement allowances		Voluntary reserve			Retained earnings brought forward			Treasury stock			Total stockholders’ equity
Balance at the beginning of the period		1,771,093		1,771,140			3,510			1,656		219,845			3,614,201			(210,003	)	7,171,443

Changes in the period

Cash dividends															(190,295	)				(190,295)

Net income															920,011					920,011

Reversal of land revaluation excess															2,085					2,085
Net changes in items other than stockholders’ equity in the period

Net changes in the period															731,802					731,802
Balance at the end of the period		1,771,093		1,771,140			3,510			1,656		219,845			4,346,003			(210,003	)	7,903,246

										(Millions of yen)
	Valuation and translation adjustments
	Net unrealized gains (losses) on other securities		Net deferred gains (losses) on hedges			Land revaluation excess			Total valuation and translation adjustments		Total net assets
Balance at the beginning of the period		1,275,580		(684,434	)		23,107			614,253		7,785,697

Changes in the period

Cash dividends												(190,295	)

Net income												920,011

Reversal of land revaluation excess												2,085
Net changes in items other than stockholders’ equity in the period		239,424		(34,057	)		(2,862	)		202,504		202,504

Net changes in the period		239,424		(34,057	)		(2,862	)		202,504		934,306
Balance at the end of the period		1,515,005		(718,492	)		20,245			816,757		8,720,004

Note: Amounts less than 1 million yen are rounded down.

- 21 -

Source: View Original Filing on SEC EDGAR

Profit attributable to owners of parent was 933,505 million yen, and ordinary profit was 1,278,123 million yen.

Higher net interest income of 1,282,937 million yen and net fees and commissions of 829,346 million yen supported results.

Total capital ratio 15.62%, CET1 ratio 12.59%, and leverage ratio 5.17% (consolidated, preliminary).

The consolidated NPL ratio was 0.76%. Total credit cost was 90,168 million yen.

ROE (denominator: total stockholders’ equity) was 16.3%; the Tokyo Stock Exchange’s standard was 12.5%.

Targets include ordinary profit of 2,110.0 billion yen and profit attributable to owners of parent of 1,500.0 billion yen.

Common stock dividends are forecast at 78 yen interim and 157 yen annual; reference total annual dividend amount is 601.2 billion yen.

Consolidated: Consolidated figures of Sumitomo Mitsui Financial Group, Inc. (“the Company”)

Non-consolidated: Non-consolidated figures of Sumitomo Mitsui Banking Corporation (“SMBC”)