Sumitomo Mitsui Financial Group, Inc. (SMFG) Q1 FY2027 6-K Filings and Company Events

Filings that contain financial statements

• 6-K, July 31, 2026, accession 0001193125-26-326659. Consolidated results for the three months ended June 30, 2026, under Japanese GAAP: quarterly balance sheet (March 31 and June 30, 2026), quarterly statements of income and comprehensive income (three months ended June 30, 2025 and 2026), segment profit and loss, and supplementary tables (non-performing loans, securities gains and losses, deposits and loans). The filing states that no quarterly cash flow statement was prepared; only depreciation and goodwill amortization are given. The filing also states the quarterly statements have not been reviewed by the external auditor.
• 6-K, June 25, 2026, accession 0001193125-26-281738. Audited consolidated financial statements under Japanese GAAP for the years ended March 31, 2026 and 2025 (balance sheet, income statement, comprehensive income, equity, cash flows, notes), with the independent auditor's report.
• 6-K, June 29, 2026, accession 0001193125-26-286779. Summary of the consolidated financial statements under IFRS Accounting Standards for the years ended March 31, 2026 and 2025 (statement of financial position and related statements) and a reconciliation to Japanese GAAP, issued with the notice that the annual report on Form 20-F was filed on June 26, 2026.
• 6-K, May 13, 2026, accession 0001193125-26-220483. Consolidated financial results for the fiscal year ended March 31, 2026 under Japanese GAAP (summary, financial statements and notes); the supplementary information for the same results is in the 6-K of the same date, accession 0001193125-26-220487.
• 6-K, August 14, 2026, accession 0001193125-26-350182. Capital ratio table as of June 30, 2026 (a regulatory capital schedule, not a set of financial statements).

First-quarter results (6-K filed July 31, 2026, accession 0001193125-26-326659)

For the three months ended June 30, 2026, versus the same period a year earlier (Japanese GAAP; percentage changes in yen):

• Ordinary income was $17.89 billion, up 16.6% in yen (up 5.7% in US dollar terms).
• Ordinary profit was $4.35 billion, up 43.4% in yen (up 30.0% in US dollar terms).
• Profit attributable to owners of parent was $3.15 billion, up 33.0% in yen (up 20.6% in US dollar terms).
• Earnings per ADS were $0.50, versus $0.40 a year earlier, up 35.1% in yen (up 22.4% in US dollar terms).
• Consolidated net business profit was $4.53 billion. By segment, the Wholesale, Retail, Global and Global Markets business units reported net business profit of $1.70 billion, $758.65 million, $948.78 million and $1.12 billion respectively; Global Business Unit profit fell from $1.28 billion a year earlier while the other three rose.
• Total assets at June 30, 2026 were $2.01 trillion, loans and bills discounted $736.48 billion, deposits $1.15 trillion and stockholders' equity $99.00 billion. Against March 31, 2026 (Japanese GAAP balances of $2.07 trillion of total assets and $739.43 billion of loans and bills discounted, at that date's closing rate), total assets were slightly lower in yen (¥328.51 trillion to ¥327.47 trillion) and loans were higher in yen (¥117.63 trillion to ¥119.76 trillion); in US dollars both are lower because the yen weakened over the quarter, from ¥159.08 to ¥162.61 per dollar.
• Consolidated non-performing loans under the Banking Act were $7.07 billion, an NPL ratio of 0.81% versus 0.97% at March 31, 2026.
• One consolidated subsidiary (JRI Holdings, Limited) was excluded from consolidation during the quarter. The company reported a change in accounting policy for financial-asset transfers to special purpose companies (revised standards issued June 2, 2026) and stated it had no material impact.

Guidance. The company kept its forecast for the fiscal year ending March 31, 2027 unchanged: profit attributable to owners of parent of $10.45 billion (1.7 trillion yen, up 7.4%), converted at the June 30, 2026 closing rate. Its forecast earnings per share is 223.58 yen per post-split common share ($1.65 per ADS, at 1.2 post-split shares per ADS), reflecting the stock split and share repurchase; the same forecast had been stated as 223.75 yen per post-split share ($1.65 per ADS) in the May 13 release, the difference arising from the share count used. The dividend forecast is unchanged at 90 yen per pre-split common share for the interim and 90 yen for the year end before the stock split ($0.33 per ADS each), 180 yen for the year ($0.66 per ADS); after the stock split the year-end amount is stated as 45 yen per post-split share ($0.33 per ADS). (Accession 0001193125-26-326659.)

Capital ratios (6-K, August 14, 2026, accession 0001193125-26-350182). At June 30, 2026, on the consolidated basis, the common equity Tier 1 ratio was 12.63% (12.41% at March 31, 2026), the Tier 1 ratio 15.04%, the total capital ratio 16.24%, and the leverage ratio 5.25%. Risk-weighted assets were $628.06 billion.

Capital returns

• Share repurchase of up to 180 billion yen (about $1.12 billion), announced May 13, 2026 (accession 0001193125-26-220493). The board authorized repurchases of up to 40,000,000 common shares for up to 180 billion yen between May 14 and July 31, 2026, with all repurchased shares to be cancelled on August 20, 2026.
• Repurchase completed (6-K, August 3, 2026, accession 0001193125-26-329455). The company reported the program complete: 28,018,600 shares repurchased for 179,999,535,300 yen ($1.12 billion). Of this, 10,403,700 shares ($440.38 million) were bought in July. The 28,018,600 shares, 0.7% of shares issued, are scheduled for cancellation on August 20, 2026. Earlier progress: 5,439,500 shares ($203.7 million) through May 31 (accession 0001193125-26-249681) and 12,175,400 shares ($473.47 million) in June (accession 0001193125-26-291410).
• Dividend for the fiscal year ended March 31, 2026. The year-end dividend of 79 yen per common share ($0.31 per ADS) was approved at the June 26, 2026 shareholders' meeting, for a full-year dividend of 157 yen per share ($0.63 per ADS), both at the fiscal-year average rate of 150.67 yen per dollar (accession 0001193125-26-283810). Dividends paid for the fiscal year ended March 2026 were $3.99 billion at a 38.0% payout ratio (accession 0001193125-26-220483).
• Stock-grant trust purchase (May 13, 2026, accession 0001193125-26-220518). The employee share-based compensation trust may buy up to 1,094,000 shares for up to 6.564 billion yen ($41.59 million) between May 21 and May 29, 2026.
• Restricted stock issuance (6-K, July 6, 2026, accession 0001193125-26-295460). SMFG determined to issue 1,645,353 new common shares at $41.11 per share (6,672 yen), 10,977,795,216 yen in total ($67.65 million), to directors and executives of SMFG and its subsidiaries under its restricted stock compensation plan, with payment on July 24, 2026.
• Shareholder benefit program (May 13, 2026, accession 0001193125-26-220513). SMFG introduced a program with an initial record date of September 30, 2026, offering points, an additional 1.0% interest coupon on yen time deposits, and event invitations to eligible shareholders who hold an "Olive" account.

Stock split and ADS ratio change

On May 13, 2026 the board resolved a 2-for-1 split of common stock, with a record date of September 30, 2026 and an effective date of October 1, 2026 (accession 0001193125-26-220512). Each ADS will change from 0.6 to 1.2 common shares on October 1, 2026 (New York time), which the company said is to maintain the ADR unit price level. Shareholders approved the related amendment to the articles of incorporation on June 26, 2026 (accession 0001193125-26-283810). Share totals before the split were revised on July 6, 2026 for the restricted stock issuance, to 3,829,143,493 shares (accession 0001193125-26-295475), and on August 3, 2026 for the cancellation of repurchased shares, to 3,801,124,893 shares, or 7,602,249,786 after the split (accession 0001193125-26-329459). Per-share figures above are before the split, except the forecast earnings per share (223.58 and 223.75 yen) and the 45-yen year-end dividend forecast, which are stated per post-split share.

Pending divestiture

• SMBC MANUBANK sale of its commercial banking business (agreed March 31, 2026; accession 0001193125-26-281738). SMBC MANUBANK agreed to sell its commercial banking business to Bank of Hope for cash. The price is not disclosed, and the business sits in the Global Business Unit. The agreement is signed and the sale is pending, not closed: completion is scheduled for the fiscal year ending March 31, 2027, subject to regulatory approvals (note 4 to the Japanese GAAP statements).

Debt issuance

• Senior notes, 6-K of July 7, 2026 (accession 0001193125-26-297140). SMFG furnished the forms of notes and legal opinions for a registered offering outside Japan under an underwriting agreement dated June 29, 2026, with an interest period starting July 7, 2026: $500 million floating rate notes due 2032, $1.0 billion of 4.934% fixed-to-floating rate notes due 2032, $500 million of 5.138% notes due 2034, $750 million of 5.296% notes due 2037 and $500 million of 5.754% notes due 2047, all senior callable, for $3.25 billion in total.
• Perpetual subordinated notes, 6-K of September 10, 2026 (accession 0001193125-26-387525). $500 million of 6.950% perpetual subordinated notes under an underwriting agreement dated September 1, 2026, issued September 10, 2026, with the first interest rate reset on December 5, 2036 and subject to write-down and interest-cancellation provisions. This falls after the quarter end.

Strategy and corporate structure

• New vision and medium-term plan (6-K, April 1, 2026, accession 0001193125-26-135577). SMBC Group announced a new vision ("Globally connected. Rooted in Japan. Your most trusted partner.") and a three-year medium-term management plan running from April 1, 2026 to March 2029, with a longer-term profitability target of ROTE of around 15% and record IT investment of 1 trillion yen over three years ($6.15 billion at the June 30, 2026 closing rate). Financial targets were stated to follow in May.
• Intermediate holding company and Jefferies joint venture. On May 12, 2026 SMFG announced a plan to move to an intermediate holding company structure in Japan around October 2026, so that SMBC Nikko Securities would become a wholly owned subsidiary of a new holding company, SMBC Nikko Securities Holdings, itself wholly owned by SMFG; the company expected the impact on consolidated results to be immaterial (accession 0001193125-26-218008). The same release said the Japanese wholesale equities joint venture with Jefferies Financial Group, SMBC Nikko Jefferies Securities (voting split 60% SMBC Nikko Securities Holdings, 40% Jefferies; economic split 70% to 30%), is scheduled to start operations in January 2027, subject to regulatory approvals. On September 29, 2026 SMFG announced it had decided that the share exchange agreement would be signed on September 30 and the exchange take effect on October 1, 2026, so at that date the exchange was agreed but not yet complete (accession 0001193125-26-405895).
• Shareholder meeting, June 26, 2026 (accession 0001193125-26-283810). Thirteen directors were elected, including newly elected director Takeshi Mikami. A shareholder proposal to require shareholder-meeting approval of share repurchases was rejected, as the board had recommended on May 13 (accession 0001193125-26-220517).

Prior fiscal year results

• Fiscal year ended March 31, 2026 (6-K, May 13, 2026, accession 0001193125-26-220483). Profit attributable to owners of parent was 1,582,973 million yen ($10.51 billion), up 34.4%; ordinary profit was $15.29 billion, up 34.0%, and earnings per ADS were $1.64. On the same day the company filed a notice, required by Tokyo Stock Exchange rules, of a difference in ordinary profit of 34.0% against the prior year, which it attributed to higher net interest income in the domestic market, higher fees in domestic wholesale business, and strength in wealth management, payments and consumer finance (accession 0001193125-26-220490).
• Annual report on Form 20-F was filed on June 26, 2026 (accession 0001193125-26-283871; announced in the 6-K of June 29, 2026, accession 0001193125-26-286779).

Not reflected in these filings

The filings reviewed do not report the completion of the intermediate holding company share exchange (scheduled for October 1, 2026), the commencement of the Jefferies joint venture (scheduled for January 2027), or the closing of the SMBC MANUBANK commercial banking sale to Bank of Hope (scheduled for the fiscal year ending March 31, 2027, subject to regulatory approvals).