SUMITOMO MITSUI FINANCIAL GROUP, INC. (Form: 6-K, Received: 07/30/2019 06:09:53)

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 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of July 2019

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 ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):	☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):	☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.	Yes ☐	No ☒

*If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):	82-

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NO. 333-228913) AND TO BE A PART OF SUCH PROSPECTUS FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED, EXCEPT FOR THE STATEMENTS REGARDING OUR EARNINGS FORECAST UNDER THE CAPTION “3.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, 2020).”

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/ Masahiko Tsutsui
		Name: Masahiko Tsutsui
		Title: General Manager, Financial Accounting Dept.

Date: July 30, 2019

July 30, 2019

Sumitomo Mitsui Financial Group, Inc.

Consolidated Financial Results for the Three Months Ended June 30, 2019

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: Jun Ohta

Quarterly Securities Report ( Shihanki hokokusho ) issuing date: August 14, 2019

Investors meeting presentation for quarterly financial results: Not scheduled

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

1. Consolidated financial results (for the three months ended June 30, 2019)

(1) Operating results

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


			Ordinary income				Ordinary profit				Profit attributable to owners of parent
Three months ended June 30, 2019				¥ 1,334,510	(6.4	)%	¥	261,442	(21.2	)%	¥	215,727	(5.0)%
Three months ended June 30, 2018				1,426,372	4.8			331,893	5.0			227,084	(6.0)
Notes:	1.	Comprehensive income:
		(a) for the three months ended June 30, 2019: ¥ 165,695 million [(47.4)%]
		(b) for the three months ended June 30, 2018: ¥ 315,295 million [ 7.3%]
	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)
Three months ended June 30, 2019				¥ 155.24				¥ 155.14
Three months ended June 30, 2018				161.78				161.67
(2) Financial position
							(Millions of yen, except percentages)
			Total assets				Net assets				Net assets ratio
June 30, 2019				¥ 204,572,522				¥ 11,221,487				5.2%
March 31, 2019				203,659,146				11,451,611				5.3
Notes:	1.	Stockholders’ equity:
		(a) as of June 30, 2019: ¥ 10,695,062 million (b) as of March 31, 2019: ¥ 10,768,320 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, 2019		¥ —		¥ 85.00		¥ —		¥ 95.00		¥ 180.00
Fiscal year ending March 31, 2020		—
Fiscal year ending March 31, 2020 (Forecast)				90.00		—		90.00		180.00
Note: Dividend forecast remains unchanged.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2020)


(Millions of yen, except per share data and percentage)


	Profit attributable to owners of parent		Earnings per share
Fiscal year ending March 31, 2020	¥ 700,000	(3.7)%	¥ 506.55


Notes:	1.	Earnings forecast remains unchanged.
	2.	Percentage shown in profit attributable to owners of parent is the increase (decrease) from the previous fiscal year.
	3.	Forecasted earnings per share is calculated by dividing forecasted profit attributable to owners of parent by the number of issued common stocks (excluding treasury stocks) as of June 30, 2019

* Notes

(1)

There were no changes in material consolidated subsidiaries in the period.

(2)

Special accounting methods used for preparing quarterly consolidated financial statements were adopted.

Note: For more details, see page 2 “1. Matters related to summary information (Notes).”

(3)

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

(4)

Number of shares issued (common stock)

As of June 30, 2019

As of March 31, 2019

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

1,399,401,420 shares

(b) Number of treasury stock

17,505,355 shares

3,800,918 shares

Three months ended
June 30, 2019

Three months ended
June 30, 2018

1,389,636,602 shares

1,403,702,297 shares

[Note on quarterly review process]

This report is out of the scope of the external auditor’s review procedure.

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.

Sumitomo Mitsui Financial Group, Inc.

Table of contents


1.	Matters related to summary information (Notes)		2

	Application of special accounting methods used for preparing quarterly consolidated financial statements		2

2.	Consolidated financial statements		3

	(1)	Consolidated balance sheets	3

	(2)	Consolidated statements of income and consolidated statements of comprehensive income	4

	(3)	Note on going concern	4

	(4)	Material changes in stockholders’ equity	4

Appendix: Financial results for the three months ended June 30, 2019 supplementary information

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Sumitomo Mitsui Financial Group, Inc.

1. Matters related to summary information (Notes)

Application of special accounting methods used for preparing quarterly consolidated financial statements

The Company and certain domestic consolidated subsidiaries calculated tax expenses by multiplying Income before income taxes by an effective tax rate that was reasonably estimated by applying tax effect accounting to estimated Income before income taxes for the fiscal year ending March 31, 2020 including the period for the three months ended June 30, 2019. Amounts of Income taxes include Income taxes-deferred.

- 2 -

Sumitomo Mitsui Financial Group, Inc.

2. Consolidated financial statements

(1) Consolidated balance sheets


	Millions of yen

	March 31, 2019		June 30, 2019

Assets:
Cash and due from banks	¥	57,411,276	¥	58,018,346
Call loans and bills bought		2,465,744		1,552,415
Receivables under resale agreements		6,429,365		5,959,002
Receivables under securities borrowing transactions		4,097,473		3,583,687
Monetary claims bought		4,594,578		4,625,271
Trading assets		5,328,778		6,778,464
Money held in trust		390		366
Securities		24,338,005		24,076,935
Loans and bills discounted		77,979,190		77,964,216
Foreign exchanges		1,719,402		2,329,290
Lease receivables and investment assets		247,835		256,908
Other assets		7,307,305		7,796,441
Tangible fixed assets		1,504,703		1,501,670
Intangible fixed assets		769,231		793,314
Net defined benefit asset		329,434		336,206
Deferred tax assets		40,245		20,731
Customers’ liabilities for acceptances and guarantees		9,564,993		9,451,934
Reserve for possible loan losses		(468,808)		(472,682)

Total assets	¥	203,659,146	¥	204,572,522

Liabilities:
Deposits	¥	122,325,038	¥	121,432,599
Negotiable certificates of deposit		11,165,486		10,931,951
Call money and bills sold		1,307,778		1,435,254
Payables under repurchase agreements		11,462,559		10,782,691
Payables under securities lending transactions		1,812,820		1,675,108
Commercial paper		2,291,813		2,136,549
Trading liabilities		4,219,293		4,730,915
Borrowed money		10,656,897		11,547,138
Foreign exchanges		1,165,141		1,294,507
Short-term bonds		84,500		172,500
Bonds		9,227,367		9,131,716
Due to trust account		1,352,773		1,578,275
Other liabilities		4,873,630		6,411,607
Reserve for employee bonuses		70,351		28,933
Reserve for executive bonuses		3,091		—
Net defined benefit liability		31,816		33,325
Reserve for executive retirement benefits		1,374		1,056
Reserve for point service program		23,948		24,698
Reserve for reimbursement of deposits		7,936		5,798
Reserve for losses on interest repayment		147,594		137,418
Reserves under the special laws		2,847		2,847
Deferred tax liabilities		378,220		373,969
Deferred tax liabilities for land revaluation		30,259		30,237
Acceptances and guarantees		9,564,993		9,451,934

Total liabilities		192,207,534		193,351,035

Net assets:
Capital stock		2,339,443		2,339,443
Capital surplus		739,047		691,542
Retained earnings		5,992,247		6,075,295
Treasury stock		(16,302)		(68,274)

Total stockholders’ equity		9,054,436		9,038,005

Net unrealized gains (losses) on other securities		1,688,852		1,624,151
Net deferred gains (losses) on hedges		(54,650)		(5,675)
Land revaluation excess		36,547		36,497
Foreign currency translation adjustments		50,379		8,617
Accumulated remeasurements of defined benefit plans		(7,244)		(6,534)

Total accumulated other comprehensive income		1,713,884		1,657,056

Stock acquisition rights		4,750		4,062
Non-controlling interests		678,540		522,362

Total net assets		11,451,611		11,221,487

Total liabilities and net assets	¥	203,659,146	¥	204,572,522

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Sumitomo Mitsui Financial Group, Inc.


(2) Consolidated statements of income and consolidated statements of comprehensive income (Consolidated statements of income)
	Millions of yen

Three months ended June 30	2018		2019

Ordinary income	¥	1,426,372	¥	1,334,510
Interest income		578,790		625,540
Interest on loans and discounts		384,609		446,534
Interest and dividends on securities		85,399		68,240
Trust fees		1,086		1,002
Fees and commissions		302,911		307,293
Trading income		47,293		63,959
Other operating income		425,980		273,844
Other income		70,310		62,868
Ordinary expenses		1,094,479		1,073,067
Interest expenses		245,182		322,841
Interest on deposits		98,903		128,398
Fees and commissions payments		48,959		52,569
Trading losses		1,154		—
Other operating expenses		341,631		214,209
General and administrative expenses		428,772		432,641
Other expenses		28,778		50,805

Ordinary profit		331,893		261,442

Extraordinary gains		136		22,010
Extraordinary losses		1,405		1,069

Income before income taxes		330,624		282,383

Income taxes		82,937		60,688

Profit		247,687		221,695

Profit attributable to non-controlling interests		20,602		5,967

Profit attributable to owners of parent	¥	227,084	¥	215,727

(Consolidated statements of comprehensive income)
	Millions of yen

Three months ended June 30	2018		2019

Profit	¥	247,687	¥	221,695
Other comprehensive income		67,608		(55,999)
Net unrealized gains (losses) on other securities		107,188		(65,526)
Net deferred gains (losses) on hedges		(8,639)		53,910
Foreign currency translation adjustments		(1,322)		(45,657)
Remeasurements of defined benefit plans		(2,804)		748
Share of other comprehensive income of affiliates		(26,813)		525

Total comprehensive income		315,295		165,695

Comprehensive income attributable to owners of parent		275,153		158,949
Comprehensive income attributable to non-controlling interests		40,142		6,746

(3) Note on going concern

Not applicable.

(4) Material changes in stockholders’ equity

Not applicable.

- 4 -

Sumitomo Mitsui Financial Group

Financial results

for the three months

ended June 30, 2019

- Supplementary information -

Table of contents

Operating results

Consolidated

Non-consolidated

…

Interest spread (domestic)

Non-consolidated

…

Non-performing loans (NPLs) based on
the Financial Reconstruction Act

Consolidated

Non-consolidated

…

Unrealized gains (losses) on securities

Consolidated

Non-consolidated

…

Deposits and loans

Non-consolidated

…

ROE

Consolidated

…

Notes

1. Consolidated : Consolidated figures of Sumitomo Mitsui Financial Group, Inc.

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

3. Capital ratio as of June 30, 2019 will be announced when it is fixed.

Sumitomo Mitsui Financial Group

1. Operating results


Consolidated						(Millions of yen)

				Three months ended June 30, 2019 (A)	Change (A) - (B)	Three months ended June 30, 2018 (B)
Consolidated gross profit			1	682,021	(37,112)	719,133
	Net interest income		2	302,699	(30,909)	333,608
	Trust fees		3	1,002	(84)	1,086
	Net fees and commissions		4	254,724	773	253,951
	Net trading income		5	63,959	17,821	46,138
	Net other operating income		6	59,635	(24,713)	84,348
General and administrative expenses			7	(432,641)	(3,869)	(428,772)
Equity in gains (losses) of affiliates			8	19,796	(4,232)	24,028

Consolidated net business profit			9	269,176	(45,213)	314,389

Total credit cost			10	(37,634)	(29,265)	(8,369)
	Credit costs		11	(40,698)	(22,134)	(18,564)
		Write-off of loans	12	(17,285)	862	(18,147)
		Provision for reserve for possible loan losses	13	(23,031)	(23,031)	—
		Others	14	(381)	35	(416)
	Gains on reversal of reserve for possible loan losses		15	—	(7,351)	7,351
	Recoveries of written-off claims		16	3,064	222	2,842
Gains (losses) on stocks			17	30,932	1,888	29,044
Other income (expenses)			18	(1,031)	2,139	(3,170)

Ordinary profit			19	261,442	(70,451)	331,893

Extraordinary gains (losses)			20	20,941	22,209	(1,268)
	Gains (losses) on disposal of fixed assets		21	(406)	70	(476)
	Losses on impairment of fixed assets		22	(650)	(40)	(610)
	Gains on step acquisitions		23	21,997	21,997	—
Income before income taxes			24	282,383	(48,241)	330,624
Income taxes			25	(60,688)	22,249	(82,937)
Profit			26	221,695	(25,992)	247,687
Profit attributable to non-controlling interests			27	(5,967)	14,635	(20,602)

Profit attributable to owners of parent			28	215,727	(11,357)	227,084

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)
3. Amounts of Income taxes include Income taxes-deferred.

		Number of consolidated subsidiaries and affiliates
				June 30, 2019		March 31, 2019
				June 30, 2019	Change	March 31, 2019
		Consolidated subsidiaries	29	174	1	173
		Equity method affiliates	30	110	(5)	115

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Sumitomo Mitsui Financial Group


SMBC non-consolidated						(Millions of yen)

				Three months ended June 30, 2019 (A)	Change (A) - (B)	Three months ended June 30, 2018 (B)
Gross banking profit			1	356,463	11,539	344,924
	Net interest income		2	202,257	(32,829)	235,086
	Trust fees		3	469	12	457
	Net fees and commissions		4	77,484	501	76,983
	Net trading income		5	32,615	29,798	2,817
	Net other operating income		6	43,635	14,056	29,579

	Gains (losses) on bonds		7	52,222	51,298	924
Expenses (excluding non-recurring losses)			8	(202,998)	2,176	(205,174)
	Personnel expenses		9	(81,671)	868	(82,539)
	Non-personnel expenses		10	(107,626)	1,206	(108,832)
	Taxes		11	(13,700)	103	(13,803)

Banking profit (before provision for general reserve for possible loan losses)			12	153,465	13,716	139,749

Gains (losses) on bonds			13	52,222	51,298	924

Provision for general reserve for possible loan losses			14	(5,529)	(5,529)	—
Banking profit			15	147,936	8,187	139,749
Non-recurring gains (losses)			16	23,729	(28,555)	52,284
	Credit costs		17	(522)	(92)	(430)
	Gains on reversal of reserve for possible loan losses		18	—	(23,495)	23,495
	Recoveries of written-off claims		19	0	(131)	131
	Gains (losses) on stocks		20	30,883	2,194	28,689
		Gains on sales of stocks	21	35,622	3,226	32,396
		Losses on sales of stocks	22	(1,799)	(1,799)	(0)
		Losses on devaluation of stocks	23	(2,939)	767	(3,706)
	Other non-recurring gains (losses)		24	(6,631)	(7,029)	398

Ordinary profit			25	171,666	(20,368)	192,034

Extraordinary gains (losses)			26	(948)	(240)	(708)
	Gains (losses) on disposal of fixed assets		27	(344)	37	(381)
	Losses on impairment of fixed assets		28	(603)	(276)	(327)
Income before income taxes			29	170,717	(20,608)	191,325
Income taxes			30	(43,671)	11,301	(54,972)

Net income			31	127,046	(9,307)	136,353



Total credit cost (14+17+18+19)			32	(6,051)	(29,247)	23,196
	Provision for general reserve for possible loan losses		33	(5,529)	(22,280)	16,751
	Write-off of loans		34	(4,087)	(4,073)	(14)
	Provision for specific reserve for possible loan losses		35	3,943	(2,515)	6,458
	Losses on sales of delinquent loans		36	(379)	37	(416)
	Provision for loan loss reserve for specific overseas countries		37	0	(285)	285
	Recoveries of written-off claims		38	0	(131)	131


Notes:		1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
		2. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group

2. Interest spread (domestic)


SMBC non-consolidated					(%)
			Three months		Three months
			ended June 30, 2019 (A)	Change (A) - (B)	ended June 30, 2018 (B)
Interest earned on loans and bills discounted (a)			0.92	(0.03)	0.95
Interest paid on deposits, etc. (b)			0.00	(0.00)	0.00
Interest spread (a) - (b)			0.92	(0.03)	0.95

Reference: After deducting loans to the Japanese government, etc.
Interest earned on loans and bills discounted (c)			0.94	(0.05)	0.99
Interest spread (c) - (b)			0.94	(0.05)	0.99
3. Non-performing loans (NPLs) based on the Financial Reconstruction Act
Consolidated					(Billions of yen)
			June 30, 2019		March 31, 2019
			June 30, 2019	Change from March 31, 2019	March 31, 2019
	Bankrupt and quasi-bankrupt assets	1	99.5	9.9	89.7
	Doubtful assets	2	397.8	(0.5)	398.3
	Substandard loans	3	225.0	17.8	207.2
	Total (A)	4	722.3	27.2	695.2

	Normal assets	5	91,242.5	547.8	90,694.6
	Grand total (B)	6	91,964.8	575.0	91,389.8

	NPL ratio (A/B)	7	0.79%	0.03%	0.76%

	Amount of direct reduction		142.2	2.2	140.0

SMBC non-consolidated					(Billions of yen)
			June 30, 2019		March 31, 2019
			June 30, 2019	Change from March 31, 2019	March 31, 2019
	Bankrupt and quasi-bankrupt assets	8	84.5	9.1	75.3
	Doubtful assets	9	332.3	(5.0)	337.4
	Substandard loans	10	83.2	19.4	63.8
	Total (A)	11	500.0	23.5	476.5

	Normal assets	12	88,644.2	183.8	88,460.4
	Grand total (B)	13	89,144.2	207.3	88,936.9

	NPL ratio (A/B)	14	0.56%	0.02%	0.54%

	Amount of direct reduction		92.3	3.0	89.3

	Note: NPLs based on the Financial Reconstruction Act include loans, acceptances and guarantees, suspense payments, and other credit-type assets.

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Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities


Consolidated										(Billions of yen)
					June 30, 2019					March 31, 2019
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from Mar. 2019	Gains	Losses
	Held-to-maturity securities			1	260.2	0.8	(0.1)	0.8	—	280.2	0.9
	Other securities			2	23,567.6	2,244.0	(77.3)	2,374.0	130.0	23,800.5	2,321.3
		Stocks		3	3,290.1	1,731.8	(171.1)	1,774.9	43.1	3,486.6	1,902.9
		Bonds		4	9,052.0	66.6	6.2	68.1	1.5	8,983.7	60.4
			Japanese government bonds	5	6,234.4	27.4	4.1	27.7	0.4	6,234.3	23.3
		Others		6	11,225.6	445.7	87.6	531.1	85.4	11,330.2	358.0
			Foreign bonds	7	8,883.7	31.9	60.3	71.5	39.6	8,990.2	(28.4)
	Other money held in trust			8	0.4	—	—	—	—	0.4	—
	Total			9	23,828.2	2,244.8	(77.4)	2,374.8	130.0	24,081.2	2,322.2
			Stocks	10	3,290.1	1,731.8	(171.1)	1,774.9	43.1	3,486.6	1,902.9
			Bonds	11	9,312.2	67.3	6.1	68.8	1.5	9,264.0	61.3
			Others	12	11,226.0	445.7	87.6	531.1	85.4	11,330.6	358.0

SMBC non-consolidated										(Billions of yen)
					June 30, 2019					March 31, 2019
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from Mar. 2019	Gains	Losses
	Held-to-maturity securities			13	—	—	(0.1)	—	—	20.0	0.1
	Stocks of subsidiaries and affiliates			14	3,747.1	(97.8)	(37.7)	1.0	98.8	3,723.3	(60.2)
	Other securities			15	20,984.6	1,840.6	(104.2)	1,964.2	123.6	21,249.3	1,944.8
		Stocks		16	3,115.5	1,658.0	(159.0)	1,698.1	40.1	3,299.9	1,817.0
		Bonds		17	8,989.1	66.7	6.2	68.1	1.4	8,933.7	60.5
			Japanese government bonds	18	6,234.4	27.4	4.1	27.7	0.4	6,232.3	23.3
		Others		19	8,879.9	115.9	48.6	198.0	82.0	9,015.7	67.3
			Foreign bonds	20	7,002.0	15.6	43.9	51.8	36.2	7,134.8	(28.3)
	Total			21	24,731.7	1,742.8	(141.9)	1,965.1	222.4	24,992.6	1,884.7
			Stocks	22	3,630.1	1,645.8	(163.5)	1,699.1	53.3	3,814.4	1,809.3
			Bonds	23	8,989.1	66.7	6.1	68.1	1.4	8,953.7	60.6
			Others	24	12,112.5	30.3	15.4	198.0	167.7	12,224.4	14.9


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.	Stocks within Other securities and foreign stocks within Others of Other securities are measured at the average market price during the final month of the period. The rest of the securities are measured at market prices as of the balance sheet date.
	3.	Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts. Net unrealized gains (losses) on Other securities include gains (losses) which are recognized in the statements of income by applying fair value hedge accounting and accordingly not recorded directly to Net assets. Losses of 11.8 billion yen and losses of 12.3 billion yen were recognized in the statements of income for the three months ended June 30, 2019 and for the year ended March 31, 2019, respectively.
	4.	Floating-rate Japanese government bonds which SMBC held as Other securities are carried on the balance sheet at their reasonably estimated amounts in accordance with the “Practical Solution on Measurement of Fair Value of Financial Assets” (Accounting Standard Board of Japan Practical Issues Task Force No. 25).

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Sumitomo Mitsui Financial Group

5. Deposits and loans


SMBC non-consolidated				(Billions of yen)
		June 30, 2019		March 31, 2019
		June 30, 2019	Change from March 31, 2019	March 31, 2019
Domestic deposits		96,707.1	(552.1)	97,259.2
	Individual	47,925.9	819.4	47,106.5
Note : The figures above exclude negotiable certificates of deposit and Japan offshore banking accounts.
Loans and bills discounted		76,019.2	(382.6)	76,401.8
	Domestic offices (excluding offshore banking account)	53,243.3	(724.0)	53,967.3
	Overseas offices and offshore banking accounts	22,775.9	341.4	22,434.5
6. ROE
Consolidated				(%)
		Three months ended June 30, 2019		Three months ended June 30, 2018
		Three months ended June 30, 2019	Change	Three months ended June 30, 2018
ROE (denominator: Total stockholders’ equity)		9.6	(0.9)	10.5

Note :

(Profit attributable to owners of parent) X (Number of days in a year (365 days)) /

ROE

(Number of days in the period (91 days))

X 100

{(Total stockholders’ equity at the beginning of the period) + (Total stockholders’ equity at the end of the period)} / 2

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