SUMITOMO MITSUI FINANCIAL GROUP, INC. (Form: 6-K, Received: 07/29/2022 06:17:39)

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 2022

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NO. 333-261754) AND TO BE A PART OF SUCH PROSPECTUS FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED, EXCEPT FOR THE STATEMENTS REGARDING OUR EARNINGS FORECAST UNDER THE CAPTION “3.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, 2023).”

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:	General Manager, Financial Accounting Dept.

Date: July 29, 2022

July 29, 2022

Sumitomo Mitsui Financial Group, Inc.

Consolidated Financial Results for the three months ended June 30, 2022

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 12, 2022

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, 2022)

(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, 2022				¥ 1,331,703	39.9	%	¥	349,674	21.7	%	¥	252,439	24.2	%
Three months ended June 30, 2021				951,725	(1.9	)		287,240	143.2			203,243	136.1
Notes:	1.	Comprehensive income:
		(a) for the three months ended June 30, 2022: ¥ 391,625 million [50.4%]
		(b) for the three months ended June 30, 2021: ¥ 260,319 million [(25.9)%]
	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, 2022				¥ 184.14				¥ 184.08
Three months ended June 30, 2021				148.30				148.24

(2) Financial position
							(Millions of yen, except percentages)
			Total assets				Net assets				Net assets ratio
June 30, 2022				¥ 269,691,834				¥ 12,445,416				4.6%
March 31, 2022				257,704,625				12,197,331				4.7
Notes:	1.	Stockholders’ equity:
		(a) as of June 30, 2022: ¥12,345,016 million (b) as of March 31, 2022: ¥12,098,215 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, 2022		¥ —		¥ 105.00		¥ —		¥ 105.00		¥ 210.00
Fiscal year ending March 31, 2023		—
Fiscal year ending March 31, 2023 (Forecast)				110.00		—		110.00		220.00
Note: Dividend forecast remains unchanged.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2023)

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


	Profit attributable to owners of parent		Earnings per share
Fiscal year ending March 31, 2023	¥ 730,000	3.3%	¥ 542.39


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, 2022. The Board of Directors resolved on November 12, 2021 to repurchase its own shares, and the number of issued common stocks (excluding treasury stocks) is taking into account the impact of repurchase of its own shares.



* 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		: Yes

(b) Changes in accounting policies due to reasons other than above (a)		: No

(c) Changes in accounting estimates		: No

(d) Restatements		: No

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

(4) Number of shares issued (common stocks)


	As of June 30, 2022	As of March 31, 2022
(a) Number of shares issued (including treasury stocks)	1,374,362,102 shares	1,374,362,102 shares
(b) Number of treasury stocks	3,466,493 shares	3,542,321 shares

	Three months ended June 30, 2022	Three months ended June 30, 2021
(c) Average number of shares issued in the period	1,370,881,291 shares	1,370,486,421 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

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

	(2) Changes in accounting policies due to application of new or revised accounting standards	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, 2022 supplementary information

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Sumitomo Mitsui Financial Group, Inc.

1. Matters related to summary information (Notes)

(1)	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, 2023 including the period for the three months ended June 30, 2022. Amounts of Income taxes include Income taxes-deferred.

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

Application of Implementation Guidance on Accounting Standard for Fair Value Measurement

The Company applied “Implementation Guidance on Accounting Standard for Fair Value Measurement” (ASBJ Guidance No.31, June 17, 2021) from the beginning of the period for the three months ended June 30, 2022. In accordance with the transitional treatment set forth in Paragraph 27-2 of Implementation Guidance on Accounting Standard for Fair Value Measurement, the Company has prospectively adopted the new accounting policy set forth in Implementation Guidance on Accounting Standard for Fair Value Measurement. There are no effects on consolidated financial statements due to the application of the Implementation Guidance.

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Sumitomo Mitsui Financial Group, Inc.

2. Consolidated financial statements

(1) Consolidated balance sheets


	Millions of yen
	March 31, 2022		June 30, 2022

Assets:
Cash and due from banks	¥	74,792,123	¥	74,646,634
Call loans and bills bought		1,965,134		2,091,072
Receivables under resale agreements		6,035,507		5,231,799
Receivables under securities borrowing transactions		5,649,632		4,777,896
Monetary claims bought		5,370,377		5,760,257
Trading assets		7,351,878		8,297,478
Money held in trust		310		6,810
Securities		38,538,724		39,347,789
Loans and bills discounted		90,834,056		96,688,452
Foreign exchanges		2,812,104		4,448,520
Lease receivables and investment assets		228,608		226,746
Other assets		10,175,873		12,657,021
Tangible fixed assets		1,457,254		1,493,839
Intangible fixed assets		898,817		920,660
Net defined benefit asset		623,045		634,325
Deferred tax assets		66,720		75,710
Customers’ liabilities for acceptances and guarantees		11,722,239		13,098,225
Reserve for possible loan losses		(817,784)		(711,407)

Total assets	¥	257,704,625	¥	269,691,834

Liabilities:
Deposits	¥	148,585,460	¥	153,172,245
Negotiable certificates of deposit		13,069,796		13,792,741
Call money and bills sold		1,129,999		1,018,146
Payables under repurchase agreements		19,359,965		19,045,789
Payables under securities lending transactions		1,580,580		1,388,565
Commercial paper		1,866,366		1,992,918
Trading liabilities		6,377,968		7,119,225
Borrowed money		18,877,990		17,951,970
Foreign exchanges		1,216,893		1,859,257
Short-term bonds		442,000		433,500
Bonds		9,808,107		10,543,167
Due to trust account		2,443,873		2,395,740
Other liabilities		8,415,621		13,006,313
Reserve for employee bonuses		89,894		31,915
Reserve for executive bonuses		4,064		—
Net defined benefit liability		40,864		40,569
Reserve for executive retirement benefits		1,087		923
Reserve for point service program		25,000		26,360
Reserve for reimbursement of deposits		5,767		4,254
Reserve for losses on interest repayment		135,084		126,586
Reserves under the special laws		3,902		3,902
Deferred tax liabilities		275,570		164,908
Deferred tax liabilities for land revaluation		29,193		29,192
Acceptances and guarantees		11,722,239		13,098,225

Total liabilities		245,507,293		257,246,417

Net assets:
Capital stock		2,341,878		2,341,878
Capital surplus		693,664		693,809
Retained earnings		6,916,468		7,024,916
Treasury stock		(13,402)		(13,116)

Total stockholders’ equity		9,938,608		10,047,488

Net unrealized gains (losses) on other securities		1,632,080		1,264,690
Net deferred gains (losses) on hedges		(80,061)		1,394
Land revaluation excess		36,320		36,324
Foreign currency translation adjustments		450,143		879,507
Accumulated remeasurements of defined benefit plans		121,123		115,611

Total accumulated other comprehensive income		2,159,606		2,297,528

Stock acquisition rights		1,475		1,226
Non-controlling interests		97,641		99,173

Total net assets		12,197,331		12,445,416

Total liabilities and net assets	¥	257,704,625	¥	269,691,834

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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	2021		2022

Ordinary income	¥	951,725	¥	1,331,703
Interest income		442,051		637,403
Interest on loans and discounts		321,811		441,177
Interest and dividends on securities		74,476		108,984
Trust fees		1,237		1,478
Fees and commissions		327,317		336,330
Trading income		67,364		4,543
Other operating income		34,369		255,237
Other income		79,386		96,710
Ordinary expenses		664,484		982,028
Interest expenses		87,808		205,653
Interest on deposits		20,749		63,559
Fees and commissions payments		54,712		56,222
Trading losses		1,582		90,643
Other operating expenses		36,457		85,556
General and administrative expenses		437,980		484,021
Other expenses		45,943		59,932

Ordinary profit		287,240		349,674

Extraordinary gains		16		10
Extraordinary losses		2,445		998

Income before income taxes		284,812		348,686

Income taxes		79,973		93,962

Profit		204,838		254,724

Profit attributable to non-controlling interests		1,595		2,284

Profit attributable to owners of parent	¥	203,243	¥	252,439


(Consolidated statements of comprehensive income)
	Millions of yen

Three months ended June 30	2021		2022

Profit	¥	204,838	¥	254,724
Other comprehensive income (losses)		55,480		136,901
Net unrealized gains (losses) on other securities		14,503		(365,102)
Net deferred gains (losses) on hedges		1,606		71,230
Foreign currency translation adjustments		26,720		393,295
Remeasurements of defined benefit plans		(4,329)		(5,525)
Share of other comprehensive income of affiliates		16,979		43,003

Total comprehensive income		260,319		391,625

Comprehensive income attributable to owners of parent		258,184		390,357
Comprehensive income attributable to non-controlling interests		2,135		1,268

(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, 2022

- Supplementary information -

Table of contents

Operating results

Consolidated

Non-consolidated

…

Interest spread (domestic)

Non-consolidated

…

Non-performing loans (NPLs) based on
the Banking Act and the 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, 2022 will be announced when it is fixed.

Sumitomo Mitsui Financial Group

1. Operating results


Consolidated						(Millions of yen)

				Three months ended June 30, 2022 (A)	Change (A) - (B)	Three months ended June 30, 2021 (B)
Consolidated gross profit			1	796,917	105,139	691,778
	Net interest income		2	431,750	77,508	354,242
	Trust fees		3	1,478	241	1,237
	Net fees and commissions		4	280,107	7,503	272,604
	Net trading income		5	(86,099)	(151,880)	65,781
	Net other operating income		6	169,681	171,768	(2,087)
General and administrative expenses			7	(484,021)	(46,041)	(437,980)
Equity in gains (losses) of affiliates			8	32,712	19,437	13,275

Consolidated net business profit			9	345,609	78,536	267,073

Total credit cost			10	(32,101)	(21,764)	(10,337)
	Credit costs		11	(35,839)	(6,269)	(29,570)
		Write-off of loans	12	(26,898)	(732)	(26,166)
		Provision for reserve for possible loan losses	13	(2,285)	(2,285)	—
		Others	14	(6,654)	(3,250)	(3,404)
	Gains on reversal of reserve for possible loan losses		15	—	(10,477)	10,477
	Recoveries of written-off claims		16	3,737	(5,019)	8,756
Gains (losses) on stocks			17	36,835	(3,526)	40,361
Other income (expenses)			18	(669)	9,188	(9,857)

Ordinary profit			19	349,674	62,434	287,240

Extraordinary gains (losses)			20	(987)	1,441	(2,428)
	Gains (losses) on disposal of fixed assets		21	(358)	252	(610)
	Losses on impairment of fixed assets		22	(629)	1,161	(1,790)
Income before income taxes			23	348,686	63,874	284,812
Income taxes			24	(93,962)	(13,989)	(79,973)
Profit			25	254,724	49,886	204,838
Profit attributable to non-controlling interests			26	(2,284)	(689)	(1,595)

Profit attributable to owners of parent			27	252,439	49,196	203,243


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, 2022		March 31, 2022
				June 30, 2022	Change	March 31, 2022
		Consolidated subsidiaries	28	183	2	181
		Equity method affiliates	29	114	2	112

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Sumitomo Mitsui Financial Group


SMBC non-consolidated						(Millions of yen)

				Three months ended June 30, 2022 (A)	Change (A) - (B)	Three months ended June 30, 2021 (B)
Gross banking profit			1	471,536	122,781	348,755
	Net interest income		2	329,030	93,084	235,946
	Trust fees		3	512	31	481
	Net fees and commissions		4	103,712	22,690	81,022
	Net trading income		5	(135,071)	(158,619)	23,548
	Net other operating income		6	173,352	165,597	7,755

	Gains (losses) on bonds		7	(33,117)	(43,270)	10,153
Expenses (excluding non-recurring losses)			8	(221,696)	(13,897)	(207,799)
	Personnel expenses		9	(96,375)	(14,128)	(82,247)
	Non-personnel expenses		10	(109,987)	991	(110,978)
	Taxes		11	(15,333)	(760)	(14,573)

Banking profit (before provision for general reserve for possible loan losses)			12	249,839	108,883	140,956

Gains (losses) on bonds			13	(33,117)	(43,270)	10,153
	Core banking profit (12-13)		14	282,957	152,155	130,802
		excluding gains (losses) on cancellation of investment trusts	15	253,733	141,500	112,233

Provision for general reserve for possible loan losses			16	13,587	13,587	—
Banking profit			17	263,426	122,470	140,956
Non-recurring gains (losses)			18	16,213	(17,026)	33,239
	Credit costs		19	(34,522)	(32,097)	(2,425)
	Gains on reversal of reserve for possible loan losses		20	—	(11,250)	11,250
	Recoveries of written-off claims		21	17	(5,128)	5,145
	Gains (losses) on stocks		22	29,560	(9,219)	38,779
		Gains on sales of stocks	23	47,527	6,839	40,688
		Losses on sales of stocks	24	(14,029)	(13,711)	(318)
		Losses on devaluation of stocks	25	(3,937)	(2,347)	(1,590)
	Other non-recurring gains (losses)		26	21,158	40,668	(19,510)

Ordinary profit			27	279,640	105,445	174,195

Extraordinary gains (losses)			28	(405)	1,804	(2,209)
	Gains (losses) on disposal of fixed assets		29	(220)	279	(499)
	Losses on impairment of fixed assets		30	(185)	1,525	(1,710)
Income before income taxes			31	279,234	107,248	171,986
Income taxes			32	(70,310)	(14,846)	(55,464)

Net income			33	208,924	92,403	116,521



Total credit cost (16+19+20+21)			34	(20,918)	(34,888)	13,970
	Provision for general reserve for possible loan losses		35	13,587	8,942	4,645
	Write-off of loans		36	(3,902)	(3,892)	(10)
	Provision for specific reserve for possible loan losses		37	(29,568)	(36,176)	6,608
	Losses on sales of delinquent loans		38	(623)	1,792	(2,415)
	Provision for loan loss reserve for specific overseas countries		39	(428)	(426)	(2)
	Recoveries of written-off claims		40	17	(5,128)	5,145


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 ended June 30, 2022 (A)		Three months ended June 30, 2021 (B)
	Three months ended June 30, 2022 (A)	Change (A) - (B)	Three months ended June 30, 2021 (B)
Interest earned on loans and bills discounted (a)	0.83	(0.02)	0.85
Interest paid on deposits, etc. (b)	0.00	(0.00)	0.00
Interest spread (a) - (b)	0.83	(0.02)	0.85

Reference: After excluding loans to the Japanese government, etc.
Interest earned on loans and bills discounted (c)	0.85	(0.01)	0.86
Interest spread (c) - (b)	0.85	(0.01)	0.86

3. Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act


Consolidated						(Billions of yen)
				June 30, 2022		March 31, 2022
				June 30, 2022	Change from March 31, 2022	March 31, 2022
	Bankrupt and quasi-bankrupt loans		1	145.0	45.7	99.3
	Doubtful loans		2	532.1	(111.8)	643.9
	Substandard loans		3	395.4	(19.0)	414.4
		Past due loans (3 months or more)	4	15.3	1.8	13.5
		Restructured loans	5	380.1	(20.7)	400.9
	Total (A)		6	1,072.6	(85.0)	1,157.6

	Normal assets		7	115,119.4	9,099.9	106,019.5
	Grand total (B)		8	116,191.9	9,014.9	107,177.0
						(%)
	NPL ratio (A/B)		9	0.92	(0.16)	1.08

	Amount of direct reduction			299.9	140.7	159.3
SMBC non-consolidated						(Billions of yen)
				June 30, 2022		March 31, 2022
				June 30, 2022	Change from March 31, 2022	March 31, 2022
	Bankrupt and quasi-bankrupt loans		10	127.3	48.2	79.2
	Doubtful loans		11	408.1	(114.2)	522.3
	Substandard loans		12	182.4	(21.4)	203.8
		Past due loans (3 months or more)	13	4.8	0.6	4.2
		Restructured loans	14	177.6	(22.1)	199.7
	Total (A)		15	717.8	(87.5)	805.3

	Normal assets		16	111,861.8	8,538.3	103,323.5
	Grand total (B)		17	112,579.6	8,450.8	104,128.8
						(%)
	NPL ratio (A/B)		18	0.64	(0.13)	0.77

	Amount of direct reduction			255.8	140.6	115.2

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Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities


Consolidated											(Billions of yen)
					June 30, 2022					March 31, 2022
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from March 31, 2022	Gains	Losses
	Held-to-maturity securities			1	40.9	(0.4)	(0.2)	0.0	0.4	25.7	(0.2)
	Other securities			2	38,805.7	1,747.7	(529.5)	2,659.5	911.8	38,114.9	2,277.2
		Stocks		3	3,275.4	1,908.5	(125.1)	1,932.2	23.7	3,403.4	2,033.7
		Bonds		4	19,664.3	(66.8)	(16.8)	15.6	82.5	19,560.3	(50.1)
			Japanese government bonds	5	15,779.2	(52.7)	(5.6)	1.2	53.9	15,774.2	(47.1)
		Others		6	15,866.0	(94.0)	(387.6)	711.6	805.6	15,151.2	293.6
			Foreign bonds	7	13,297.4	(729.6)	(280.8)	33.8	763.4	12,055.6	(448.8)
	Other money held in trust			8	0.3	—	—	—	—	0.3	—
	Total			9	38,846.9	1,747.3	(529.7)	2,659.5	912.2	38,141.0	2,277.0
			Stocks	10	3,275.4	1,908.5	(125.1)	1,932.2	23.7	3,403.4	2,033.7
			Bonds	11	19,705.2	(67.2)	(16.9)	15.6	82.8	19,586.1	(50.3)
			Others	12	15,866.3	(94.0)	(387.6)	711.6	805.6	15,151.5	293.6

SMBC non-consolidated											(Billions of yen)
					June 30, 2022					March 31, 2022
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from March 31, 2022	Gains	Losses
	Held-to-maturity securities			13	22.3	(0.3)	(0.1)	—	0.3	22.3	(0.2)
	Stocks of subsidiaries and affiliates			14	4,680.4	12.5	(1.9)	12.6	0.1	4,649.7	14.5
	Other securities			15	34,863.4	1,303.1	(479.3)	2,130.0	826.9	34,290.5	1,782.4
		Stocks		16	3,070.2	1,843.4	(118.6)	1,864.7	21.3	3,202.2	1,961.9
		Bonds		17	19,780.5	(65.8)	(16.4)	15.6	81.4	19,625.2	(49.4)
			Japanese government bonds	18	15,779.2	(52.7)	(5.6)	1.2	53.9	15,769.2	(47.1)
		Others		19	12,012.7	(474.4)	(344.3)	249.6	724.1	11,463.1	(130.1)
			Foreign bonds	20	10,041.9	(653.3)	(250.2)	29.0	682.3	8,970.5	(403.1)
	Total			21	39,566.1	1,315.3	(481.4)	2,142.6	827.3	38,962.5	1,796.6
			Stocks	22	3,535.5	1,844.0	(118.5)	1,865.4	21.3	3,665.5	1,962.5
			Bonds	23	19,802.8	(66.2)	(16.5)	15.6	81.8	19,647.5	(49.7)
			Others	24	16,227.7	(462.6)	(346.3)	261.6	724.2	15,649.5	(116.2)


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.	The net unrealized gains (losses) are measured based on market prices of the securities 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 17 million yen and gains of 2,122 million yen were recognized in the statements of income for the three months ended June 30, 2022 and for the year ended March 31, 2022 respectively.

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Sumitomo Mitsui Financial Group

5. Deposits and loans


SMBC non-consolidated				(Billions of yen)
		June 30, 2022		March 31, 2022
		June 30, 2022	Change from March 31, 2022	March 31, 2022
Domestic deposits		120,119.6	1,416.3	118,703.4
	Individual	57,168.7	1,046.6	56,122.1
Note : The figures above exclude negotiable certificates of deposit and Japan offshore banking accounts.
Loans and bills discounted		92,372.5	4,701.2	87,671.3
	Domestic offices (excluding offshore banking accounts)	58,340.6	360.8	57,979.7
	Overseas offices and offshore banking accounts	34,031.9	4,340.4	29,691.6
6. ROE
Consolidated				(%)
		Three months ended June 30, 2022		Three months ended June 30, 2021
		Three months ended June 30, 2022	Change	Three months ended June 30, 2021
ROE (denominator: Total stockholders’ equity)		10.1	1.6	8.5

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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