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Sumitomo Mitsui (NYSE: SMFG) backs dividend, 2-for-1 split and elects 13 directors

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Sumitomo Mitsui Financial Group, Inc. reported the results of its 24th Ordinary General Meeting of Shareholders. Shareholders approved a year-end dividend of ¥79 per share of common stock, resulting in an annualized dividend of ¥157 per share.

They also approved a stock split in which each share of common stock will be split into 2 shares, with September 30, 2026 as the record date and October 1, 2026 as the effective date. Related amendments to the Articles of Incorporation to increase authorized shares will take effect on the same date.

Thirteen directors were elected as proposed, including the reelection of twelve incumbents and the new election of Takeshi Mikami. Several directors, including Sonosuke Kadonaga and others, will serve as Outside Directors. A shareholder proposal to amend the Articles of Incorporation regarding authority over share repurchases was disapproved.

Positive

  • None.

Negative

  • None.

Insights

Dividend, 2-for-1 split, and board slate all gained shareholder approval.

The meeting results confirm continuity in Sumitomo Mitsui Financial Group's capital policy and governance. The approved year-end dividend of ¥79 per share, or ¥157 annualized, signals an ongoing return of cash to shareholders for the fiscal year ended March 31, 2026.

The 2-for-1 stock split, effective October 1, 2026 with a September 30, 2026 record date, will double the number of shares while leaving total equity unchanged. Amendments to the Articles of Incorporation simply align authorized share counts with this split ratio.

All thirteen director nominees were elected, with one new director, Takeshi Mikami, joining and multiple individuals designated as Outside Directors. The shareholder proposal to shift authority over acquiring the company’s own shares was rejected, so existing decision-making arrangements remain. Overall, these outcomes are consistent with routine large-bank governance and capital actions.

Year-end dividend ¥79 per share Dividend at end of 24th fiscal year
Annualized dividend ¥157 per share Total annualized dividend for 24th fiscal year
Stock split ratio 2 shares for each 1 share Common stock split approved
Stock split record date September 30, 2026 Record date for 2-for-1 split
Stock split effective date October 1, 2026 Effective date for split and charter amendments
Number of directors elected 13 directors Directors elected under Proposal No. 3
Ordinary General Meeting of Shareholders regulatory
"NOTICE OF RESOLUTIONS THE 24th ORDINARY GENERAL MEETING OF SHAREHOLDERS"
An ordinary general meeting of shareholders is a company’s regular annual meeting where owners vote on routine but important matters such as electing the board, approving financial statements, appointing auditors and deciding dividend policy. Think of it like an annual homeowners’ meeting where basic rules, budget items and leadership are confirmed; its results directly affect corporate oversight, financial reporting and distributions, so investors monitor it for governance and payout signals.
Articles of Incorporation regulatory
"Proposal No. 2: Partial Amendments to the Articles of Incorporation"
A formal legal document filed with a government authority that creates a corporation and sets its basic rules — for example the company name, business purpose, how many ownership shares can exist, and who can receive legal notices. It matters to investors because it defines ownership structure, voting rights, and limits on liability, shaping who controls the company and how future shares or dividends can affect an investor’s stake; think of it as the company’s birth certificate and rulebook.
Outside Directors financial
"Messrs. and Mses. Sonosuke Kadonaga, Jun Sawada, Yoriko Goto, Isao Teshirogi, Norimitsu Takashima, Charles D. Lake II and Jenifer Rogers are Outside Directors."
Appropriation of Surplus financial
"Proposal No. 1: Appropriation of Surplus"
Business Report financial
"1. Business Report, Consolidated Financial Statements for the 24 th Fiscal Year"
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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 June 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: June 26, 2026


This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Sumitomo Mitsui Financial Group, Inc. assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

(Translation)     
     June 26, 2026
To All Shareholders     
     Toru Nakashima
     Director President
    

Sumitomo Mitsui Financial Group, Inc.

1-2, Marunouchi 1-chome, Chiyoda-ku,

Tokyo, Japan

NOTICE OF RESOLUTIONS OF

THE 24th ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

We are pleased to announce that the matters outlined below were reported and resolved at the 24th Ordinary General Meeting of Shareholders of Sumitomo Mitsui Financial Group, Inc. (the “Company”) held today.

 

 Matters reported:

 

1.  Business Report, Consolidated Financial Statements for the 24th Fiscal Year (from April 1, 2025 to March 31, 2026) and results of the audit of the Consolidated Financial Statements by the Accounting Auditor and the Audit Committee

 

The contents of the above were duly reported.

 

2.  Non-Consolidated Financial Statements for the 24th Fiscal Year (from April 1, 2025 to March 31, 2026)

 

The contents of the above were duly reported.

 Proposals resolved:

   Company Proposals (Proposal No. 1 to Proposal No. 3)
 

Proposal No. 1: Appropriation of Surplus

 

The matter was approved as originally proposed. The dividend at the end of the fiscal year was determined to be ¥79 per share of Common Stock (¥157 per share of Common Stock for the annualized dividend).

 

Proposal No. 2: Partial Amendments to the Articles of Incorporation

 

The matter was approved as originally proposed. At the Board of Directors meeting held on May 13, 2026, it was resolved that each share of common stock will be split into 2 shares per share with September 30, 2026, as the record date for the stock split, and October 1, 2026, as the date on which the stock split takes effect.

To increase the total number of authorized shares and the total number of authorized shares of common stock in line with the ratio of the split of common stock, the amendments to the Articles of Incorporation shall become effective on October 1, 2026.

 

Proposal No. 3: Election of Thirteen Directors

 

The matter was approved as originally proposed. Messrs. and Mses. Makoto Takashima, Toru Nakashima, Teiko Kudo, Kazuyuki Anchi, Honami Matsugasaki, Sonosuke Kadonaga, Jun Sawada, Yoriko Goto, Isao Teshirogi, Norimitsu Takashima, Charles D. Lake II and Jenifer Rogers were reelected as Directors.

 

Mr. Takeshi Mikami was newly elected as a Director.

 

Messrs. and Mses. Sonosuke Kadonaga, Jun Sawada, Yoriko Goto, Isao Teshirogi, Norimitsu Takashima, Charles D. Lake II and Jenifer Rogers are Outside Directors.

   Shareholder Proposal (Proposal No. 4)
  Proposal No. 4:   Partial Amendments to the Articles of Incorporation (Revision to the allocation of authority concerning acquisition of corporation’s own shares)
 

The matter was disapproved.

FAQ

What dividend did Sumitomo Mitsui Financial Group (SMFG) approve for the 24th fiscal year?

Sumitomo Mitsui Financial Group approved a year-end dividend of ¥79 per share of common stock, resulting in an annualized dividend of ¥157 per share. This dividend relates to the fiscal year from April 1, 2025 to March 31, 2026.

What stock split did SMFG shareholders approve at the 24th Ordinary General Meeting?

Shareholders approved a stock split where each share of common stock will be split into 2 shares. The record date for the split is September 30, 2026, and the split becomes effective on October 1, 2026, with authorized shares increased accordingly.

Were changes to the Articles of Incorporation approved for Sumitomo Mitsui Financial Group?

Yes. Partial amendments to the Articles of Incorporation were approved to increase the total number of authorized shares and authorized common shares in line with the 2-for-1 stock split, with the amendments becoming effective on October 1, 2026.

How many directors were elected at SMFG’s 24th Ordinary General Meeting?

Thirteen directors were elected as proposed. Twelve incumbent directors, including Toru Nakashima and others, were reelected, and Takeshi Mikami was newly elected. Several of these, such as Sonosuke Kadonaga and others, will serve as Outside Directors.

What happened to the shareholder proposal on SMFG’s acquisition of its own shares?

The shareholder proposal (Proposal No. 4) seeking partial amendments to the Articles of Incorporation related to revising the allocation of authority over acquiring the corporation’s own shares was disapproved, so the existing allocation of authority remains unchanged.

What financial statements were reported at Sumitomo Mitsui Financial Group’s 24th shareholders meeting?

The meeting reported the Business Report and Consolidated Financial Statements for the 24th fiscal year, along with audit results, and the Non-Consolidated Financial Statements for the same period, covering April 1, 2025 to March 31, 2026. These items were presented and duly reported to shareholders.