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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group (SMFG)

The company revised its dividend plan to ¥78 for the second quarter and now forecasts ¥79 for the fourth quarter, for an annual total of ¥157. The earnings forecast was revised; for the fiscal year ending March 31, 2026, profit attributable to owners of parent is projected at ¥1,500,000 million (up 27.3%), with forecast EPS of ¥390.39. The Board resolved to acquire treasury stock on November 14, 2025, and the forecast EPS reflects that resolution in the share count basis.

Total assets were ¥305,905,915 million and total net assets ¥15,304,259 million as of September 30, 2025. The net assets ratio improved to 5.0% from 4.8% at March 31, 2025.

Positive
  • None.
Negative
  • None.

Insights

SMFG posted higher profits and lifted shareholder returns guidance.

SMFG delivered higher profitability: ordinary profit reached ¥1,278,123 million (up 24.0%) and profit attributable to owners of parent was ¥933,505 million (up 28.7%). Revenue pressure was modest with ordinary income down 1.3%, while fee and interest components supported earnings.

The company revised dividends to an annual ¥157 per share for FY2025 after the three-for-one stock split context, indicating a higher second-half payout. It also revised its full-year outlook to profit attributable to owners of parent of ¥1,500,000 million (up 27.3%), and noted a Board resolution on November 14, 2025 to acquire treasury stock, which is reflected in EPS calculations.

Watch the fourth-quarter dividend of ¥79 per share and subsequent disclosures on the treasury stock acquisition terms; these will influence per-share metrics alongside the already improved net assets ratio of 5.0% as of September 30, 2025.

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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 ☐

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, EXCEPT FOR THE STATEMENTS REGARDING OUR EARNINGS FORECAST UNDER THE CAPTION “3. EARNINGS FORECAST ON A CONSOLIDATED BASIS (FOR THE FISCAL YEAR ENDING MARCH 31, 2026).”


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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


Table of Contents
  November 14, 2025

LOGO

 

 

Sumitomo Mitsui Financial Group, Inc.

Consolidated Financial Results for the six months ended September 30, 2025

<Under Japanese GAAP>

 

   LOGO

 

Head Office: 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan
Stock Exchange Listings: Tokyo Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange
URL: https://www.smfg.co.jp/english/
President: Toru Nakashima
Interim Securities Report (Hanki hokokusho) issuing date: November 28, 2025
Dividend payment date: December 2, 2025
Investors meeting presentation for financial results: Scheduled

 

Note: Amounts less than one million yen have been rounded down.

1. Consolidated financial results (for the six months ended September 30, 2025)

 

 (1) Operating results    (Millions of yen, except per share data and percentages)
     

 

     Ordinary income     

 

         Ordinary profit             Profit attributable to  
 owners of parent
 
Six months ended September 30, 2025    ¥  5,205,887          (1.3 )%        ¥  1,278,123          24.0   ¥  933,505          28.7 

Six months ended September 30, 2024               

     5,276,938          17.7       1,030,472          45.3       725,172          37.7   

 

  Notes:   1.   Comprehensive income:
   

(a) for the six months ended September 30, 2025 ¥1,030,170 million [175.5%]

(b) for the six months ended September 30, 2024 ¥373,994 million [(70.3)%]

  2.   Percentages shown in ordinary income, ordinary profit, profit attributable to owners of parent and comprehensive income are the increase (decrease) from the same period in the previous fiscal year.

 

     

 

      Earnings per share       

 

    

     Earnings per share      

 (Diluted)   

               
Six months ended September 30, 2025         ¥   242.03                ¥   241.98                           

Six months ended September 30, 2024

     184.77                 184.72                 

 

  Note:

On October 1, 2024, Sumitomo Mitsui Financial Group, Inc. (“the Company”) executed a three-for-one split of its common stock, with a record date of September 30, 2024. Earnings per share and Earnings per share (Diluted) reflect the impact of the stock split.

 

 (2) Financial position    (Millions of yen, except percentages)  

 

             Total assets                   Net  assets                Net assets  ratio     
As of September 30, 2025      ¥ 305,905,915             ¥ 15,304,259             5.0     

As of March 31, 2025

     306,282,015                 14,841,509                 4.8           

 

  Notes:   1.   Stockholders’ equity:
    (a) as of September 30, 2025: ¥ 15,165,764 million (b) as of March 31, 2025: ¥ 14,703,435 million
  2.   Net assets ratio = {(Net assets – stock acquisition rights – non-controlling interests) / total assets} X 100

 

2. Dividends on common stock    (Yen)  
     Cash dividends per share
        1st quarter          2nd quarter         3rd quarter         4th quarter          Annual   

Fiscal year ended March 31, 2025

   ¥   —     ¥   180.00     ¥    —     ¥  62.00     ¥    — 

Fiscal year ending March 31, 2026

   —      78.00                

Fiscal year ending March 31, 2026 (Forecast)

             —       79.00      157.00  

 

  Notes:   1.   Dividend forecast which was announced in May 2025 was revised.
  2.   On October 1, 2024, the Company executed a three-for-one split of its common stock, with a record date of September 30, 2024. For the fiscal year ended March 31, 2025, the cash dividends per share for the 4th quarter reflect the impact of the stock split, and the annual cash dividends per share are stated as “—.” If the stock split is not taken into account, the 4th quarter and annual cash dividends per share would have been ¥186 and ¥366, respectively. The cash dividends per share for the 2nd quarter and annual cash dividends per share after reflecting the stock split are ¥60 and ¥122, respectively.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2026)

 

     (Millions of yen, except per share data and percentage) 
                Profit attributable to owners  of parent                 Earnings per share     

Fiscal year ending March 31, 2026

     ¥  1,500,000                  27.3 %                ¥  390.39           

 

  Notes:   1.   Earnings forecast which was announced in May 2025 was revised.
  2.   Percentage shown in profit attributable to owners of parent is the increase (decrease) from the previous fiscal year.
  3.   At the Board of Directors meeting held on November 14, 2025, the Company resolved to acquire treasury stock. Forecasted earnings per share are calculated by dividing the forecasted profit attributable to owners of parent by the number of common stock shares. The number of common stock shares used as the basis for this calculation is the average of “the number of issued common stock shares at the beginning of the period (excluding treasury stock)” and “the expected number of issued common stock shares at the end of the period,” represented by the number of shares as of the end of the second quarter (excluding treasury stock) after reflecting the aforementioned acquisition of treasury stock.


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[Notes]

(1) There were no changes in material consolidated subsidiaries during the period.

(2) Changes in accounting policies, changes in accounting estimates and restatements

(a) Changes in accounting policies due to application of new or revised accounting standards

  :   No     

(b) Changes in accounting policies due to reasons other than above (a)

  :   No     

(c) Changes in accounting estimates

  :   No     

(d) Restatements

  :   No     

(3) Number of shares issued (common stocks)

 

    

As of September 30, 2025

  

As of March 31, 2025

(a) Number of shares issued (including treasury stocks)

   3,857,407,640 shares       3,884,445,458 shares   

(b) Number of treasury stocks

   10,689,630 shares       10,651,848 shares   
     Six months ended    Six months ended
    

September 30, 2025

  

September 30, 2024

(c) Average number of shares issued during the period

   3,856,964,120 shares       3,924,762,726 shares   

 

 Notes:   1.   The Company has introduced a “Stock grant trust for employees” (hereinafter, the “Trust”), and the shares of the Company held by the Trust are included in the number of treasury stock to be deducted when calculating both the number of treasury stock and the average number of shares issued during the period.
  2.   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 average number of shares issued during the period reflects the impact of the stock split.

(Summary of financial information on a non-consolidated basis)

Non-consolidated financial results (for the six months ended September 30, 2025)

 

 (1) Operating results                        (Millions of yen, except per share data and percentages)
           Operating income    Operating profit    Ordinary profit    Net income
   

Six months ended
September 30, 2025

   ¥ 485,790     (39.7)%     ¥ 246,614     (58.5)%     ¥234,018     (59.9)%     ¥240,049     (59.3)% 
   

September 30, 2024

   806,087     187.7        593,915     504.9        584,119     536.8        589,967     526.6    

                         
          Earnings per share                              
 

Six months ended
September 30, 2025

   ¥    62.24                  
 

September 30, 2024

       150.32                  

 

  Notes:   1.   Percentages shown in operating income, operating profit, ordinary profit and net income are the increase (decrease) from the same period in the previous fiscal year.
    2.   On October 1, 2024, the Company executed a three-for-one split of its common stock, with a record date of September 30, 2024. Earnings per share reflects the impact of the stock split.

 

 (2) Financial position    (Millions of yen, except percentages) 
               Total  assets                Net  assets               Net assets  ratio      
 

As of September 30, 2025

   ¥ 21,014,788     ¥ 6,331,197      30.1%
 

As of March 31, 2025

      20,351,401      6,384,907      31.4  

  Note: Stockholders’ equity:

     (a) as of September 30, 2025: ¥ 6,330,552 million   (b) as of March 31, 2025: ¥ 6,384,140 million

[Note on interim audit procedures]

  This report is out of the scope of the interim audit procedures.

 

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 Sumitomo Mitsui Financial Group, Inc. (“the Company”) and its management with respect to the Company’s 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; declines in the value of the Company’s securities portfolio; incurrence of significant credit-related costs; the Company’s ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; and exposure to new risks as the Company expands the scope of its business. 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. The Company undertakes no obligation to update or revise any forward-looking statements. Please refer to the Company’s most recent disclosure documents such as its annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as its earnings press releases, for a more detailed description of the risks and uncertainties that may affect its financial conditions, its operating results, and investors’ decisions.


Table of Contents

Table of contents

 

Interim consolidated financial statements and main notes

     2  

I.

   Interim consolidated balance sheets      2  

II.

   Interim consolidated statements of income and interim consolidated statements of comprehensive income      3  

III.

   Interim consolidated statements of changes in net assets      4  

IV.

   Notes to interim consolidated financial statements      7  
  

Note on going concern

     7  

* Appendix: Financial results for the six months ended September 30, 2025 supplementary information

 

- 1 -


Table of Contents

Interim consolidated financial statements and main notes

I. Interim consolidated balance sheets

 

     Millions of yen

 

   March 31, 2025   September 30, 2025

Assets:

    

Cash and due from banks

    ¥ 75,590,583      ¥ 72,597,960  

Call loans and bills bought

     5,197,978       5,700,746  

Receivables under resale agreements

     16,205,759       15,649,591  

Receivables under securities borrowing transactions

     5,799,821       6,675,134  

Monetary claims bought

     5,618,985       5,891,424  

Trading assets

     11,976,375       12,347,718  

Money held in trust

     32,272       34,637  

Securities

     40,760,968       39,320,963  

Loans and bills discounted

     111,136,239       113,126,523  

Foreign exchanges

     2,712,573       2,396,352  

Lease receivables and investment assets

     231,199       220,839  

Other assets

     13,722,960       14,099,744  

Tangible fixed assets

     1,006,556       1,019,848  

Intangible fixed assets

     1,017,322       1,046,105  

Net defined benefit asset

     987,288       1,019,106  

Deferred tax assets

     71,261       90,053  

Customers’ liabilities for acceptances and guarantees

     15,139,799       15,559,987  

Reserve for possible loan losses

     (925,931     (890,823
  

 

 

 

 

 

 

 

Total assets

    ¥    306,282,015      ¥    305,905,915  
  

 

 

 

 

 

 

 

Liabilities:

    

Deposits

    ¥ 171,498,651      ¥ 170,026,335  

Negotiable certificates of deposit

     17,175,391       16,060,889  

Call money and bills sold

     4,378,276       3,613,678  

Payables under repurchase agreements

     25,797,136       26,584,137  

Payables under securities lending transactions

     2,183,655       1,940,546  

Commercial paper

     2,686,483       3,396,178  

Trading liabilities

     9,726,615       10,167,086  

Borrowed money

     11,355,209       10,349,249  

Foreign exchanges

     1,771,839       2,016,859  

Short-term bonds

     728,200       610,400  

Bonds

     13,352,392       13,762,860  

Due to trust account

     1,041,660       1,163,687  

Other liabilities

     13,700,199       14,341,760  

Reserve for employee bonuses

     130,464       81,567  

Reserve for executive bonuses

     5,433        

Net defined benefit liability

     33,890       34,936  

Reserve for executive retirement benefits

     1,007       802  

Reserve for point service program

     32,656       33,326  

Reserve for reimbursement of deposits

     5,573       3,829  

Reserve for losses on interest repayment

     242,127       234,577  

Reserves under the special laws

     5,365       5,877  

Deferred tax liabilities

     422,050       586,837  

Deferred tax liabilities for land revaluation

     26,424       26,241  

Acceptances and guarantees

     15,139,799       15,559,987  
  

 

 

 

 

 

 

 

Total liabilities

     291,440,506       290,601,655  
  

 

 

 

 

 

 

 

Net assets:

    

Capital stock

     2,345,960       2,346,888  

Capital surplus

     611,423       612,350  

Retained earnings

     8,290,170       8,660,587  

Treasury stock

     (38,512     (38,638
  

 

 

 

 

 

 

 

Total stockholders’ equity

     11,209,042       11,581,187  
  

 

 

 

 

 

 

 

Net unrealized gains (losses) on other securities

     1,930,834       2,193,835  

Net deferred gains (losses) on hedges

     (168,604     (175,973

Land revaluation excess

     32,849       29,986  

Foreign currency translation adjustments

     1,411,827       1,274,553  

Accumulated remeasurements of defined benefit plans

     287,487       262,174  
  

 

 

 

 

 

 

 

Total accumulated other comprehensive income

     3,494,393       3,584,577  
  

 

 

 

 

 

 

 

Stock acquisition rights

     767       645  

Non-controlling interests

     137,306       137,849  
  

 

 

 

 

 

 

 

Total net assets

     14,841,509       15,304,259  
  

 

 

 

 

 

 

 

Total liabilities and net assets

    ¥ 306,282,015      ¥ 305,905,915  
  

 

 

 

 

 

 

 

 

- 2 -


Table of Contents

II. Interim consolidated statements of income and interim consolidated statements of comprehensive income

(Interim consolidated statements of income)

 

     Millions of yen

Six months ended September 30

   2024   2025

Ordinary income

    ¥       5,276,938     ¥       5,205,887  

Interest income

     3,450,738       3,518,701  

Interest on loans and discounts

     1,992,942       1,984,187  

Interest and dividends on securities

     468,838       487,345  

Trust fees

     4,499       5,550  

Fees and commissions

     905,938       983,620  

Trading income

     436,753       141,842  

Other operating income

     79,744       157,461  

Other income

     399,264       398,710  

Ordinary expenses

     4,246,466       3,927,763  

Interest expenses

     2,324,340       2,235,764  

Interest on deposits

     829,337       832,295  

Fees and commissions payments

     151,321       154,273  

Trading losses

     132,106        

Other operating expenses

     224,648       118,352  

General and administrative expenses

     1,172,747       1,228,787  

Other expenses

     241,302       190,585  
  

 

 

 

 

 

 

 

Ordinary profit

     1,030,472       1,278,123  
  

 

 

 

 

 

 

 

Extraordinary gains

     1,527       2,259  

Extraordinary losses

     4,599       4,909  
  

 

 

 

 

 

 

 

Income before income taxes

     1,027,400       1,275,474  
  

 

 

 

 

 

 

 

Income taxes-current

     264,819       333,759  

Income taxes-deferred

     32,753       3,652  
  

 

 

 

 

 

 

 

Income taxes

     297,572       337,411  
  

 

 

 

 

 

 

 

Profit

     729,827       938,062  
  

 

 

 

 

 

 

 

Profit attributable to non-controlling interests

     4,655       4,557  
  

 

 

 

 

 

 

 

Profit attributable to owners of parent

    ¥ 725,172      ¥ 933,505  
  

 

 

 

 

 

 

 

(Interim consolidated statements of comprehensive income)

 

     Millions of yen

Six months ended September 30

   2024   2025

Profit

    ¥ 729,827      ¥ 938,062  

Other comprehensive income (losses)

     (355,833     92,107  

Net unrealized gains (losses) on other securities

     (255,139     265,832  

Net deferred gains (losses) on hedges

     (63,775     (5,824

Land revaluation excess

           (776

Foreign currency translation adjustments

     (98,034     (55,572

Remeasurements of defined benefit plans

     (14,408     (25,367

Share of other comprehensive income of affiliates

     75,523       (86,183
  

 

 

 

 

 

 

 

Total comprehensive income

     373,994       1,030,170  
  

 

 

 

 

 

 

 

Comprehensive income attributable to owners of parent

     370,291       1,025,774  

Comprehensive income attributable to non-controlling interests

     3,702       4,395  

 

- 3 -


Table of Contents

III. Interim consolidated statements of changes in net assets

 

     Millions of yen         
     Stockholders’ equity         

Six months ended September 30, 2024

   Capital
stock
     Capital
surplus
     Retained
earnings
     Treasury stock      Total         

Balance at the beginning of the period

    ¥ 2,344,038        ¥ 610,143        ¥ 7,843,470        ¥ (167,671)       ¥  10,629,980      

Cumulative effects of changes in accounting policies

           59,330            59,330      

Restated balance

     2,344,038         610,143         7,902,800         (167,671)        10,689,311      

Changes in the period

                 

Issuance of new stock

     1,922         1,922               3,844      

Cash dividends

           (177,382)           (177,382)     

Profit attributable to owners of parent

           725,172            725,172      

Purchase of treasury stock

              (101,576)        (101,576)     

Disposal of treasury stock

        (339)           486         147      

Cancellation of treasury stock

        (234,659)           234,659         —      

Changes in shareholders’ interest due to transaction with non-controlling interests

        (232)              (232)     

Increase due to decrease in subsidiaries

           39            39      

Reversal of land revaluation excess

           825            825      

Transfer from retained earnings to capital surplus

        234,999         (234,999)           —      

Net changes in items other than stockholders’ equity in the period

                 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Net changes in the period

     1,922         1,689         313,656         133,569         450,838      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the end of the period

    ¥  2,345,960        ¥ 611,833        ¥   8,216,457        ¥ (34,101)       ¥ 11,140,149      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
     Millions of yen  
     Accumulated other comprehensive income  

Six months ended September 30, 2024

   Net unrealized
gains (losses)
on other
securities
     Net deferred
gains
(losses)
on hedges
     Land
revaluation
excess
     Foreign
currency
translation
adjustments
     Accumulated
remeasurements
of defined
benefit plans
     Total  

Balance at the beginning of the period

    ¥ 2,406,883        ¥ (65,073)       ¥ 34,936        ¥ 1,362,647        ¥ 290,735        ¥ 4,030,129   

Cumulative effects of changes in accounting policies

     (59,330)                    (59,330)  

Restated balance

     2,347,553         (65,073)        34,936         1,362,647         290,735         3,970,798   

Changes in the period

                 

Issuance of new stock

                 

Cash dividends

                 

Profit attributable to owners of parent

                 

Purchase of treasury stock

                 

Disposal of treasury stock

                 

Cancellation of treasury stock

                 

Changes in shareholders’ interest due to transaction with non-controlling interests

                 

Increase due to decrease in subsidiaries

                 

Reversal of land revaluation excess

                 

Transfer from retained earnings to capital surplus

                 

Net changes in items other than stockholders’ equity in the period

     (251,849)        (70,122)        (825)        (17,624)        (15,283)        (355,706)  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net changes in the period

     (251,849)        (70,122)        (825)        (17,624)        (15,283)        (355,706)  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Balance at the end of the period

    ¥     2,095,703        ¥     (135,196)       ¥     34,110        ¥     1,345,023        ¥     275,451        ¥     3,615,092   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

- 4 -


Table of Contents

(Continued)

 

     Millions of yen                       

Six months ended September 30, 2024

   Stock
acquisition
rights
     Non-
controlling
interests
     Total
net assets
                      

Balance at the beginning of the period

   ¥ 931       ¥ 138,925       ¥ 14,799,967                                

Cumulative effects of changes in accounting policies

           —            

Restated balance

     931         138,925         14,799,967            

Changes in the period

                 

Issuance of new stock

           3,844            

Cash dividends

           (177,382)           

Profit attributable to owners of parent

           725,172            

Purchase of treasury stock

           (101,576)           

Disposal of treasury stock

           147            

Cancellation of treasury stock

           —            

Changes in shareholders’ interest due to transaction with non-controlling interests

           (232)           

Increase due to decrease in subsidiaries

           39            

Reversal of land revaluation excess

           825            

Transfer from retained earnings to capital surplus

           —            

Net changes in items other than stockholders’ equity in the period

     (141)        (2,215)        (358,062)           
  

 

 

    

 

 

    

 

 

          

Net changes in the period

     (141)        (2,215)        92,775            
  

 

 

    

 

 

    

 

 

          

Balance at the end of the period

   ¥           790       ¥       136,710       ¥    14,892,743            
  

 

 

    

 

 

    

 

 

          

Six months ended September 30, 2025

   Millions of yen         
   Stockholders’ equity         
   Capital
stock
     Capital
surplus
     Retained
earnings
     Treasury
stock
     Total         

Balance at the beginning of the period

   ¥ 2,345,960       ¥ 611,423       ¥ 8,290,170       ¥ (38,512)      ¥    11,209,042      

Changes in the period

                 

Issuance of new stock

     927         927               1,855      

Cash dividends

           (240,202)           (240,202)     

Profit attributable to owners of parent

           933,505            933,505      

Purchase of treasury stock

              (100,579)        (100,579)     

Disposal of treasury stock

        (280)           461         181      

Cancellation of treasury stock

        (99,990)                  99,990         —      

Changes in shareholders’ interest due to transaction with non-controlling interests

        (0)              (0)     

Decrease due to decrease in affiliates accounted for by the equity method

           (224,699)           (224,699)     

Reversal of land revaluation excess

           2,085            2,085      

Transfer from retained earnings to capital surplus

        100,271         (100,271)           —      

Net changes in items other than stockholders’ equity in the period

                 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Net changes in the period

     927         926         370,417         (126)        372,145      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the end of the period

   ¥ 2,346,888       ¥ 612,350       ¥ 8,660,587       ¥ (38,638)      ¥ 11,581,187      
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

- 5 -


Table of Contents

(Continued)

 

$ $ $ $ $ $
     Millions of yen  
     Accumulated other comprehensive income  

Six months ended September 30, 2025

    Net unrealized 
gains (losses)
on other
securities
     Net deferred
gains (losses)
on hedges
     Land
revaluation 
excess
     Foreign
currency
translation
 adjustments 
     Accumulated
remeasurements
of defined
benefit plans
     Total  

Balance at the beginning of the period

   ¥ 1,930,834       ¥ (168,604)      ¥ 32,849       ¥ 1,411,827      ¥ 287,487      ¥ 3,494,393  

Changes in the period

                 

Issuance of new stock

                 

Cash dividends

                 

Profit attributable to owners of parent

                 

Purchase of treasury stock

                 

Disposal of treasury stock

                 

Cancellation of treasury stock

                 

Changes in shareholders’ interest due to transaction with non-controlling interests

                 

Decrease due to decrease in affiliates accounted for by the equity method

                 

Reversal of land revaluation excess

                 

Transfer from retained earnings to capital surplus

                 

Net changes in items other than stockholders’ equity in the period

     263,001        (7,368)        (2,862)        (137,273)        (25,313)        90,183  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Net changes in the period

     263,001        (7,368)        (2,862)        (137,273)        (25,313)        90,183  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Balance at the end of the period

   ¥   2,193,835      ¥ (175,973)      ¥ 29,986       ¥   1,274,553       ¥   262,174       ¥   3,584,577   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 
     Millions of yen                       

Six months ended September 30, 2025

   Stock
acquisition
rights
     Non-
controlling
interests
     Total
net assets
                      

Balance at the beginning of the period

    ¥ 767        ¥ 137,306       ¥ 14,841,509            

Changes in the period

                 

Issuance of new stock

           1,855            

Cash dividends

           (240,202)           

Profit attributable to owners of parent

           933,505            

Purchase of treasury stock

           (100,579)           

Disposal of treasury stock

           181            

Cancellation of treasury stock

           —            

Changes in shareholders’ interest due to transaction with non-controlling interests

           (0)           

Decrease due to decrease in affiliates accounted for by the equity method

           (224,699)           

Reversal of land revaluation excess

           2,085            

Transfer from retained earnings to capital surplus

           —            

Net changes in items other than stockholders’ equity in the period

     (122)        543        90,604            
  

 

 

    

 

 

    

 

 

          

Net changes in the period

     (122)        543        462,750            
  

 

 

    

 

 

    

 

 

          

Balance at the end of the period

    ¥ 645       ¥     137,849      ¥   15,304,259            
  

 

 

    

 

 

    

 

 

          

 

- 6 -


Table of Contents

IV. Notes to interim consolidated financial statements

(Note on going concern)

 Not applicable.

 

- 7 -

FAQ

What were SMFG (NYSE: SMFG) mid-year profits?

Profit attributable to owners of parent was ¥933,505 million, up 28.7% year over year.

How did SMFG’s ordinary income and profit change?

Ordinary income was ¥5,205,887 million (down 1.3%), while ordinary profit rose to ¥1,278,123 million (up 24.0%).

What EPS did SMFG report for H1 FY2025?

Earnings per share were ¥242.03 (diluted ¥241.98), up from ¥184.77 (diluted ¥184.72) a year earlier.

What is SMFG’s updated dividend plan?

Cash dividends are ¥78 for Q2 and forecast ¥79 for Q4, for an annual total of ¥157.

What full-year FY2026 forecast did SMFG provide?

Forecast profit attributable to owners of parent is ¥1,500,000 million (up 27.3%), with forecast EPS of ¥390.39.

Did SMFG announce a share repurchase?

Yes. The Board resolved to acquire treasury stock on November 14, 2025, which is reflected in the EPS forecast share count.

What is SMFG’s financial position as of September 30, 2025?

Total assets were ¥305,905,915 million, total net assets ¥15,304,259 million, and the net assets ratio was 5.0%.
Sumitomo Mitsui Finl Group Inc

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