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 November 2010

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 x	Form 40-F o
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):	o
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):	o
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 o	No x
*If ‘‘Yes’’ is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):	82-________

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TABLE OF CONTENTS

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/ Koichi Miyata
	Name:	Koichi Miyata
	Title:	Director and Senior Managing Executive Officer

Date:     November 12, 2010

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Financial Results

for the Six Months

ended September 30, 2010

-Supplementary Information-

Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Banking Corporation

<Table of Contents>

				Page
Financial Highlights for the Six Months ended September 30, 2010
1.   Income Analysis	<Consolidated>	<Non-consolidated>	...		1
2.   Banking Profit per Employee / Overhead Ratio		<Non-consolidated>	...		3
3.   Interest Spread (Domestic)		<Non-consolidated>	...		3
4.   Gains (Losses) on Securities		<Non-consolidated>	...		3
5.   Unrealized Gains (Losses) on Securities	<Consolidated>	<Non-consolidated>	...		4
6.   Redemption Schedule of Other Securities		<Non-consolidated>	...		5
7.   Overview of Derivative Transactions (on Deferred Hedge Accounting Basis)		<Non-consolidated>	...		5
8.   Employee Retirement Benefits	<Consolidated>	<Non-consolidated>	...		6
9.   BIS Capital Ratio	<Consolidated>	<Non-consolidated>	...		7
10. ROE	<Consolidated>		...		7
11. Classification under Self-Assessment, Disclosure of Problem Assets, and Write-Offs / Reserves		<Non-consolidated>	...		8
12. Risk-Monitored Loans	<Consolidated>	<Non-consolidated>	...		9
13. Reserve for Possible Loan Losses	<Consolidated>	<Non-consolidated>	...		10
14. Reserve Ratio to Risk-Monitored Loans	<Consolidated>	<Non-consolidated>	...		10
15. Problem Assets Based on the Financial Reconstruction Law and the Coverage	<Consolidated>	<Non-consolidated>	...		11
16. Progress in Off-Balancing of Problem Assets		<Non-consolidated>	...		12
17. Loan Portfolio, Classified by Industry		<Non-consolidated>	...		13
18. Loan Portfolio, Classified by Country		<Non-consolidated>	...		15
19. Deposits and Loans		<Non-consolidated>	...		16
20. Other Financial Data		<Non-consolidated>	...		17
21. Number of Directors and Employees		<Non-consolidated>	...		17
22. Number of Offices		<Non-consolidated>	...		17
23. Deferred Tax Assets	<Consolidated>	<Non-consolidated>	...		18
24. Earnings Forecast for FY3/2011	<Consolidated>	<Non-consolidated>	...		20
(Reference 1) Management Policy in FY3/2011 and Business Performance of 1st Half			...		21
(Reference 2) Exposure of Securitized Products			...		22
(Reference 3) Financial Statements of SMBC			...		26

(Notes)	1. <Consolidated>: Consolidated figures of Sumitomo Mitsui Financial Group, Inc. (“SMFG”)
	2. <Non-consolidated>: Non-consolidated figures of Sumitomo Mitsui Banking Corporation (“SMBC”)

This material 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 us and our managements with respect to our future financial condition and results of operations. In many cases but not all, these statements contain words such as “anticipate”, “estimate”, “expect”, “intend”, “may”, “plan”, “probability”, “risk”, “project”, “should”, “seek”, “target” 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 the fragility of any economic recovery, both globally and in Japan; our ability to successfully implement its business and capital strategy; the success of our business alliances including those in the consumer finance industry; exposure to new risks as we expand the scope of our business; significant credit-related costs; declines in the value of our securities portfolio. 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 material. We undertake no obligation to update or revise any forward-looking statements.
Please refer to our most recent disclosure documents such as our annual report or the registration statement on Form 20-F filed with the U.S. Securities and Exchange Commission, as well as our earnings press release for a more detailed description of the risks and uncertainties that may affect our financial conditions, our operating results, and investors’ decisions.

(Sumitomo Mitsui Financial Group)        

Financial Highlights for the Six Months ended September 30, 2010

1. Income Analysis
<SMBC Non-consolidated>	(Millions of yen)

						Six months ended						Six months ended
						Sep. 30, 2010			Change			Sep. 30, 2009
Gross banking profit					1		838,587			119,239			719,348
	Excluding gains (losses) on bonds				2		687,402			6,944			680,458
			Gross domestic profit		3		572,918			21,396			551,522
			Excluding gains (losses) on bonds		4		533,907			(8,783)			542,690
				Net interest income	5		432,948			(26,432	)		459,380
				Trust fees	6		1,025			507			518
				Net fees and commissions	7		98,222			2,247			95,975
				Net trading income	8		651			(937	)		1,588
				Net other operating income	9		40,070			46,010			(5,940	)
				Gains (losses) on bonds	10		39,010			30,179			8,831
			Gross international profit		11		265,668			97,843			167,825
			Excluding gains (losses) on bonds		12		153,495			15,727			137,768
				Net interest income	13		55,293			(3,107	)		58,400
				Net fees and commissions	14		41,458			6,732			34,726
				Net trading income	15		134,525			28,589			105,936
				Net other operating income	16		34,391			65,628			(31,237	)
				Gains (losses) on bonds	17		112,173			82,116			30,057
Expenses (excluding non-recurring losses)					18		(345,330	)		(3,620	)		(341,710	)
			Personnel expenses		19		(125,137	)		(1,023	)		(124,114	)
			Non-personnel expenses		20		(201,250	)		(1,448	)		(199,802	)
			Taxes		21		(18,941	)		(1,148	)		(17,793	)
Banking profit (before provision for                       general reserve for possible loan losses)					22		493,256			115,619			377,637
	Excluding gains (losses) on bonds				23		342,072			3,324			338,748
Provision for general reserve for possible loan losses					24		4,872			(42,775	)		47,647
Banking profit					25		498,129			72,844			425,285
			Gains (losses) on bonds		26		151,184			112,295			38,889
Non-recurring gains (losses)					27		(105,176	)		173,020			(278,196	)
			Credit costs		28		(48,762	)		155,860			(204,622	)
			Gains (losses) on stocks		29		(18,296	)		18,554			(36,850	)
				Gains on sale of stocks and other securities	30		4,638			408			4,230
				Losses on sale of stocks and other securities	31		(950	)		(602	)		(348	)
				Losses on devaluation of stocks and other securities	32		(21,984	)		18,747			(40,731	)
			Other non-recurring gains (losses)		33		(38,117	)		(1,393	)		(36,724	)
Ordinary profit					34		392,952			245,863			147,089
Extraordinary gains (losses)					35		(2,926	)		(944	)		(1,982	)
			Gains (losses) on disposal of fixed assets		36		(909	)		(253	)		(656	)
			Losses on impairment of fixed assets		37		(1,276	)		121			(1,397	)
			Recoveries of written-off claims		38		554			484			70
Income before income taxes					39		390,026			244,920			145,106
Income taxes-current					40		(19,862	)		1,775			(21,637	)
Income taxes-deferred					41		(18,963	)		(8,124	)		(10,839	)
Net income					42		351,199			238,571			112,628
Total credit cost (24+28+38)					43		(43,335	)		113,568			(156,903	)
			Provision for general reserve for possible loan losses		44		4,872			(42,775	)		47,647
			Write-off of loans		45		(22,851	)		59,650			(82,501	)
			Provision for specific reserve for possible loan losses		46		(23,769	)		65,735			(89,504	)
			Losses on sales of delinquent loans		47		(2,135	)		30,635			(32,770	)
			Provision for loan loss reserve for specific overseas countries		48		(5	)		(158	)		153
			Recoveries of written-off claims		49		554			484			70
		(Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)        

<Consolidated> (Millions of yen)

						Six months ended						Six months ended
						Sep. 30, 2010			Change			Sep. 30, 2009
Consolidated gross profit					1		1,316,760			250,734			1,066,026
		Net interest income			2		660,539			(22,625	)		683,164
		Trust fees			3		1,052			512			540
		Net fees and commissions			4		358,518			98,990			259,528
		Net trading income			5		188,653			48,067			140,586
		Net other operating income			6		107,995			125,789			(17,794	)
General and administrative expenses					7		(655,630	)		(122,609	)		(533,021	)
Credit costs					8		(107,094	)		161,891			(268,985	)
		Write-off of loans			9		(60,552	)		57,756			(118,308	)
		Provision for specific reserve for possible loan losses			10		(39,819	)		103,155			(142,974	)
		Provision for general reserve for possible loan losses			11		(2,545	)		(32,798	)		30,253
		Other credit costs			12		(4,175	)		33,780			(37,955	)
Gains (losses) on stocks					13		(22,582	)		(13,654	)		(8,928	)
Equity in earnings (losses) of affiliates					14		1,627			21,669			(20,042	)
Other income (expenses)					15		7,528			20,350			(12,822	)
Ordinary profit					16		540,609			318,384			222,225
Extraordinary gains (losses)					17		7,578			(273	)		7,851
		Losses on impairment of fixed assets			18		(1,414	)		349			(1,763	)
		Recoveries of written-off claims			19		1,307			781			526
Income before income taxes and minority interests					20		548,187			318,111			230,076
Income taxes-current					21		(46,527	)		18,416			(64,943	)
Income taxes-deferred					22		(27,318	)		(42,038	)		14,720
Minority interests in net income					23		(56,848	)		(535	)		(56,313	)
Net income					24		417,493			293,953			123,540
(Note)	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)
Total credit cost (8+19)					25		(105,787	)		162,671			(268,458	)
(Reference)												(Billions of yen)
Consolidated net business profit					26		600.6			200.2			400.4
(Note) Consolidated net business profit = (SMBC Non-consolidated banking profit (before provision for general reserve for possible loan losses))            + (Other consolidated subsidiaries’ ordinary profit (excluding non-recurring items)) + (Affiliates’ ordinary profit) X (Ownership ratio)            - (Internal transactions (dividends, etc.))
				(Number of consolidated subsidiaries and affiliates)
						Sep. 30, 2010			Change			Mar. 31, 2010
			Consolidated subsidiaries		27		320			13			307
			Affiliated companies accounted for by equity method		28		48			(10	)		58

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(Sumitomo Mitsui Financial Group)

2. Banking Profit per Employee / Overhead Ratio <SMBC Non-consolidated>

					(Millions of yen, %)
		Six months					Six months
		ended		Change			ended
		Sep. 30, 2010					Sep. 30, 2009
(1)Banking profit (before provision for general reserve for possible loan losses)			493,256		115,619			377,637
	Per employee (thousands of yen)		21,328		5,021			16,307
(2)Banking profit			498,129		72,844			425,285
	Per employee (thousands of yen)		21,538		3,173			18,365
(3)Banking profit (before provision for general reserve for possible loan losses, excluding gains (losses) on bonds)			342,072		3,324			338,748
	Per employee (thousands of yen)		14,791		163			14,628
Overhead ratio			41.2		(6.3	)		47.5

(Notes)	1.	Employees include executive officers (other than board members) and overseas local staff, and exclude temporary staff, employees temporarily transferred from other companies, and transferred staff to other companies.
	2.	Banking profit per employee is calculated on the basis of the average number of employees during the period.
	3.	Overhead ratio = Expenses (excluding non-recurring losses) / Gross banking profit

3. Interest Spread (Domestic) <SMBC Non-consolidated>

												(%)
							Six months						Six months
			Three months		Three months		ended						ended
			ended		ended		Sep. 30, 2010		Change				Sep. 30, 2009
			Jun. 30, 2010		Sep. 30, 2010
Yield on interest earning assets (A)								1.33		(0.13	)			1.46
	Interest earned on loans and bills discounted (C)			1.71		1.64		1.68		(0.09	)			1.77
	Interest earned on securities							0.72		(0.10	)			0.82
Total cost of funding (including expenses) (B)								1.01		(0.02	)			1.03
	Cost of interest bearing liabilities							0.19		(0.03	)			0.22
		Interest paid on deposits, etc. (D)		0.11		0.10		0.10		(0.05	)			0.15
		Interest paid on other liabilities						0.29		(0.01	)			0.30
	Expense ratio							0.82		0.01				0.81
Overall interest spread (A) - (B)								0.32		(0.11	)			0.43
	Interest spread (C) - (D)			1.60		1.54		1.58		(0.04	)			1.62

4. Gains (Losses) on Securities <SMBC Non-consolidated>

								(Millions of yen)
		Six months						Six months
		ended			Change			ended
		Sep. 30, 2010						Sep. 30, 2009
Gains (losses) on bonds			151,184			112,295			38,889
	Gains on sales		166,590			110,366			56,224
	Losses on sales		(7,743	)		(1,317	)		(6,426	)
	Gains on redemption		0			(4	)		4
	Losses on redemption		(7,662	)		3,018			(10,680	)
	Losses on devaluation			-		231			(231	)
Gains (losses) on stocks			(18,296	)		18,554			(36,850	)
	Gains on sales		4,638			408			4,230
	Losses on sales		(950	)		(602	)		(348	)
	Losses on devaluation		(21,984	)		18,747			(40,731	)

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(Sumitomo Mitsui Financial Group)

5. Unrealized Gains (Losses) on Securities

(1) Evaluation method of securities

Trading purpose		Fair value method (net unrealized gains (losses) are recognized in the fiscal year’s earnings)
Held-to-maturity purpose		Amortized cost method
Other securities	With fair value	Fair value method (net unrealized gains (losses) are directly included in Net assets)
	Whose fair value is extremely difficult to determine	Cost method
Investments in subsidiaries and affiliates		Cost method

(Note) 1.	Securities in money held in trust are valued by the same method as above.
2.	Among Net unrealized gains (losses) on other securities, the amount that is recognized in the fiscal year’s earnings by applying fair value hedge accounting is not included in Net assets.

(2) Unrealized gains (losses)

<SMBC Non-consolidated>															(Millions of yen)
			Sep. 30, 2010												Mar. 31, 2010
			Net unrealized gains (losses)												Net unrealized gains (losses)
			(a)			(a) - (b)			Gains			Losses			(b)			Gains			Losses
	Held-to-maturity purpose			87,041			29,138			87,041				-		57,903			58,530			(626	)
	Stocks of subsidiaries and affiliates			(31,569	)		(18,098	)		212			(31,782	)		(13,471	)			-		(13,471	)
	Other securities			312,769			(208,608	)		599,372			(286,603	)		521,377			738,870			(217,493	)
		Stocks		137,694			(233,765	)		380,584			(242,889	)		371,459			518,132			(146,672	)
		Bonds		118,247			2,102			121,869			(3,621	)		116,145			123,064			(6,918	)
		Others		56,827			23,055			96,918			(40,091	)		33,772			97,674			(63,901	)
	Other money held in trust			(83	)		(145	)			-		(83	)		62			157			(95	)
	Total			368,157			(197,715	)		686,627			(318,469	)		565,872			797,558			(231,686	)
		Stocks		119,044			(246,935	)		380,797			(261,752	)		365,979			518,132			(152,153	)
		Bonds		205,289			31,240			208,911			(3,621	)		174,049			181,594			(7,545	)
		Others		43,824			17,981			96,918			(53,094	)		25,843			97,831			(71,987	)

(Notes) 1.	The figures above include unrealized gains (losses) on negotiable certificates of deposit in ‘Cash and due from banks’ and beneficiary claims on loan trust in ‘Monetary claims bought,’ etc.
2.	Unrealized gains (losses) of stocks (excluding stocks of subsidiaries and affiliates) are calculated with the average market price during the final month of the interim period. Rest of the securities are valuated at market prices as of the balance sheet date.
3.	Other securities and Other money held in trust are valuated and recorded on the balance sheet at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts. Among Net unrealized gains (losses) on other securities as of September 30, 2010, 968 million yen that are recognized as losses in the earnings by applying fair value hedge accounting are not included in Net assets. Among Net unrealized gains (losses) on other securities as of March 31, 2010, 105 million yen that are recognized as gains in the fiscal year’s earnings by applying fair value hedge accounting are not included in Net assets.
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, issued on October 28, 2008).

<Consolidated>																	(Millions of yen)
				Sep. 30, 2010													Mar. 31, 2010
			Net unrealized gains (losses)													Net unrealized gains (losses)
				(a)			(a) - (b)			Gains			Losses				(b)		Gains		Losses
	Held-to-maturity purpose				88,644			30,034			88,685			(40	)			58,610		59,344		(734	)
	Other securities				376,412			(210,002	)		654,379			(277,966	)			586,414		799,355		(212,941	)
		Stocks			172,123			(238,861	)		397,916			(225,792	)			410,984		543,745		(132,761	)
		Bonds			134,477			10,819			138,243			(3,765	)			123,658		131,821		(8,163	)
		Others			69,811			18,040			118,219			(48,408	)			51,771		123,788		(72,017	)
	Other money held in trust				(83	)		(145	)			-		(83	)			62		157		(95	)
	Total				464,973			(180,114	)		743,064			(278,091	)			645,087		858,858		(213,770	)
		Stocks			172,123			(238,861	)		397,916			(225,792	)			410,984		543,745		(132,761	)
		Bonds			223,153			40,784			226,919			(3,765	)			182,369		191,162		(8,793	)
		Others			69,696			17,963			118,228			(48,532	)			51,733		123,950		(72,216	)

(Notes) 1.	The figures above include unrealized gains (losses) on negotiable certificates of deposit in ‘Cash and due from banks’ and beneficiary claims on loan trust in ‘Monetary claims bought,’ etc.
2.	Unrealized gains (losses) of stocks are mainly calculated with the average market price during the final month of the interim period. Rest of the securities are valuated at market prices as of the balance sheet date.
3.	Other securities and Other money held in trust are valuated and recorded on the balance sheet at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts. Among Net unrealized gains (losses) on other securities as of September 30, 2010, 968 million yen that are recognized as losses in the earnings by applying fair value hedge accounting are not included in Net assets. Among Net unrealized gains (losses) on other securities as of March 31, 2010, 105 million yen that are recognized as gains in the fiscal year’s earnings by applying fair value hedge accounting are not included in Net assets.
4.	Floating-rate Japanese government bonds which SMFG held as Other securities are carried on the consolidated 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, issued on October 28, 2008).

- 4 -

(Sumitomo Mitsui Financial Group)           

6. Redemption Schedule of Other Securities <SMBC Non-consolidated>

  Redemption schedule of other securities with maturities and bonds classified as held-to-maturity

														(Billions of yen)
			Sep. 30, 2010											Mar. 31, 2010
				1 year or less		More than		More than		More than 10 years		Total			1 year or less		More than		More than		More than 10 years		Total
						1 year to		5 years to									1 year to		5 years to
						5 years		10 years									5 years		10 years
Bonds					11,604.2		7,788.7		3,911.7		80.8		23,385.4			8,554.9		7,794.1		2,622.0		438.2		19,409.4
		Japanese government bonds			11,384.4		5,388.1		3,234.3		-		20,006.8			8,305.2		5,527.3		1,899.2		353.8		16,085.6
		Japanese local government bonds			1.1		253.6		53.5		0.0		308.2			5.0		168.4		47.6		0.0		221.2
		Japanese corporate bonds			218.7		2,147.0		623.9		80.8		3,070.4			244.6		2,098.3		675.2		84.4		3,102.6
	Others				591.6		2,930.8		1,491.0		229.0		5,242.4			657.3		2,700.9		546.6		167.4		4,072.3
	Total				12,195.8	10,719.5			5,402.7		309.8		28,627.8			9,212.3	10,495.1			3,168.6		605.7		23,481.8

7. Overview of Derivative Transactions (on Deferred Hedge Accounting Basis)

    <SMBC Non-consolidated>

	(Billions of yen)
			Sep. 30, 2010										Mar. 31, 2010
								Net			Net							Net			Net
				Assets		Liabilities		assets			deferred			Assets		Liabilities		assets			deferred
				(a)		(b)		(a) - (b)			gains (losses)			(c)		(d)		(c) - (d)			gains (losses)
		Interest rate swaps			112.9		36.0		76.9			11.4			57.0		30.8		26.2			(70.1	)
		Currency swaps			355.7		12.8		342.9			9.8			170.4		6.6		163.8			3.6
		Others			9.3		0.2		9.1			139.1			1.6		0.5		1.1			88.1
Total					477.9		49.0		428.9			160.3			229.0		37.9		191.1			21.6
(Notes) 1. Derivative transactions are valuated at fair value on the balance sheet.
2. SMBC applied deferred hedge or fair value hedge accounting based on Practical Guidelines for Accounting Standard for Financial Instruments as well as deferred hedge accounting for banking industry based on JICPA Industry Audit Committee Report No.24 and No.25.
3. Figures for Net deferred gains (losses) are those before application of tax effect accounting.
(Appendix) Contract amount of interest rate swaps (on deferred hedge accounting basis), classified by maturity
	(Billions of yen)
			Sep. 30, 2010										Mar. 31, 2010
				1 year   or less		More than		More than 5 years			Total			1 year   or less		More than		More than 5 years			Total
						1 year to										1 year to
						5 years										5 years
		Receivable fixed rate  /payable floating rate			4,072.7		15,611.0		4,161.3			23,845.0			4,467.7		15,282.9		3,137.2			22,887.8
		Receivable floating rate  /payable fixed rate			1,048.9		4,752.3		3,702.2			9,503.4			1,386.4		4,866.6		4,116.4			10,369.4
		Receivable floating rate  /payable floating rate			0.5		28.9			-		29.4			30.0		29.8			-		59.8
Total contract amount					5,122.1		20,392.2		7,863.5			33,377.8			5,884.1		20,179.3		7,253.6			33,317.0

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(Sumitomo Mitsui Financial Group)           

8. Employee Retirement Benefits

(1) Projected benefit obligation

	<SMBC Non-consolidated>										(Millions of yen)
					Six months ended							Six months ended
					Sep. 30, 2010			Change				Sep. 30, 2009
Projected benefit obligation*				(A)		837,900			(2,455	)		840,355
			<Discount rate>			<2.5%>			< - >			<2.5%>
		Fair value of plan assets*		(B)		833,893			124,914			708,979
		Reserve for employee retirement benefits*		(C)			-			-			-
		Prepaid pension cost*		(D)		198,904			(13,932	)		212,836
		Unrecognized prior service cost (deductible from the obligation)*		(E)		(14,662	)		11,084			(25,746	)
		Unrecognized net actuarial gain (loss)*		(A-B-C+D-E)		217,574			(152,384	)		369,958
*As of the beginning of the period
	(Reference) <Consolidated>										(Millions of yen)
					Six months ended							Six months ended
					Sep. 30, 2010			Change				Sep. 30, 2009
Projected benefit obligation*				(A)		938,161			20,080			918,081
		Fair value of plan assets*		(B)		891,366			148,449			742,917
		Reserve for employee retirement benefits*		(C)		41,691			6,048			35,643
		Prepaid pension cost*		(D)		205,931			(10,278	)		216,209
		Unrecognized prior service cost (deductible from the obligation)*		(E)		(15,234	)		11,186			(26,420	)
		Unrecognized net actuarial gain (loss)*		(A-B-C+D-E)		226,268			(155,883	)		382,151
*As of the beginning of the period (2) Pension expenses
	<SMBC Non-consolidated>										(Millions of yen)
					Six months ended							Six months ended
					Sep. 30, 2010			Change				Sep. 30, 2009
Pension expenses					25,649				(5,526	)		31,175
		Service cost			8,603				436			8,167
		Interest cost on projected benefit obligation			10,473				(31	)		10,504
		Expected returns on plan assets			(12,773		)		(1,174	)		(11,599	)
		Amortization of unrecognized prior service cost			(2,596		)		2,946			(5,542	)
		Amortization of unrecognized net actuarial gain (loss)				21,596			(7,500	)		29,096
		Others				346			(203	)		549
(Reference) <Consolidated>											(Millions of yen)
					Six months ended							Six months ended
					Sep. 30, 2010			Change				Sep. 30, 2009
Pension expenses					33,055				(2,886	)		35,941

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(Sumitomo Mitsui Financial Group)    

9. BIS Capital Ratio

<Consolidated>										(Billions of yen, %)
		Sep. 30, 2010 (a)								Mar. 31, 2010		Sep. 30, 2009
		[Preliminary]		(a) - (b)			(a) - (c)			(b)		(c)
(1) Capital ratio			16.02		1.00			2.89			15.02		13.13
	Tier I ratio		12.32		1.17			2.77			11.15		9.55
(2) Tier I			6,362.2		329.9			1,067.0			6,032.3		5,295.2
(3) Tier II			2,360.8		(203.1	)		(404.7	)		2,563.9		2,765.5
(4) Subtraction items			451.1		(16.8	)		(328.1	)		467.9		779.2
(5) Total capital (2) + (3) - (4)			8,271.9		143.7			990.4			8,128.2		7,281.5
(6) Risk-adjusted assets			51,612.8		(2,471.7	)		(3,810.5	)		54,084.5		55,423.3
(7) Required capital (6) X 8%			4,129.0		(197.8	)		(304.9	)		4,326.8		4,433.9
<SMBC consolidated>
Capital ratio (BIS Guidelines)			18.37		1.69			3.32			16.68		15.05
<SMBC Non-consolidated>
Capital ratio (BIS Guidelines)			20.53		2.25			4.80			18.28		15.73

10. ROE <Consolidated>

									(%)
	Six months						FY3/2010		Six months
	ended								ended
	Sep. 30, 2010								Sep. 30, 2009
	(a)		(a) - (b)		(a) - (c)		(b)		(c)
ROE (denominator: Total net assets)		17.0		9.4		8.9		7.6		8.1

(Note)

1.	ROE (denominator: Total net assets)	=	(Net income - Dividends on preferred stocks) X (Number of days in a year (365 days))	X 100
			/ (Number of days in the term (183 days (365 days)))
			[{(Total net assets at the beginning of the term) - (Number of preferred shares outstanding at the beginning of the term) X (Issue price)}
			+ {(Total net assets at the end of the term) - (Number of preferred shares outstanding at the end of the term) X (Issue price)}] / 2

2. Total net assets = Net assets - Stock acquisition rights - Minority interests

									(%)
	Six months						FY3/2010		Six months
	ended								ended
	Sep. 30, 2010								Sep. 30, 2009
	(a)		(a) - (b)		(a) - (c)		(b)		(c)
ROE (denominator: Total stockholders’ equity)		17.3		9.8		9.3		7.5		8.0

(Note)

ROE (denominator: Total stockholders’ equity)	=	(Net income) X (Number of days in a year (365 days)) / (Number of days in the term (183 days (365 days)))	X 100
		{(Total stockholders’ equity at the beginning of the term) + (Total stockholders’ equity at the end of the term)} / 2

- 7 -

(Sumitomo Mitsui Financial Group)                       

11. Classification under Self-Assessment, Disclosure of Problem Assets, and Write-Offs / Reserves
<SMBC Non-consolidated>

(*1)	Includes amount of direct reduction totaling 477.0 billion yen.
(*2)	Includes reserve for assets that are not subject to disclosure based on the Financial Reconstruction Law standards. (Bankrupt/Effectively Bankrupt Borrowers: 4.6 billion yen, Potentially Bankrupt Borrowers: 20.4 billion yen)
(*3)	Reserve ratios for claims on Bankrupt Borrowers, Effectively Bankrupt Borrowers, Potentially Bankrupt Borrowers, Substandard Borrowers and Borrowers Requiring Caution including Substandard Borrowers are the proportion of reserve for the possible loan losses to each category’s total claims, excluding the portion secured by collateral or guarantees, etc.
(*4)	Reserve ratios for claims on Normal Borrowers and Borrowers Requiring Caution (excluding claims to Substandard Borrowers) are the proportion of the reserve for possible loan losses to the respective claims of each category. The reserve ratio for unsecured claims on Borrowers Requiring Caution (excluding claims to Substandard Borrowers) is shown in [ ].
(*5)	Includes amount of Specific Reserve for Borrowers Requiring Caution totaling 17.6 billion yen.
(*6)	The proportion of the reserve to the claims, excluding the portion secured by collateral or guarantees, etc.

- 8 -

(Sumitomo Mitsui Financial Group)        

12. Risk-Monitored Loans

<SMBC Non-consolidated>												(Millions of yen)
		Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
		(a)		(a) - (b)			(a) - (c)			(b)		(c)
Risk- monitored loans	Bankrupt loans		82,128		(30,845	)		(81,619	)		112,973		163,747
	Non-accrual loans		743,894		(32,470	)		(83,755	)		776,364		827,649
	Past due loans (3 months or more)		11,564		(11,325	)		(27,114	)		22,889		38,678
	Restructured loans		176,201		20,411			29,170			155,790		147,031
	Total		1,013,788		(54,229	)		(163,319	)		1,068,017		1,177,107
	Amount of direct reduction		411,356		(359	)		(48,520	)		411,715		459,876
Total loans (term-end balance)			57,392,444		773,386			(1,506,254	)		56,619,058		58,898,698
													(%)
Ratio to total loans	Bankrupt loans		0.1		(0.1	)		(0.2	)		0.2		0.3
	Non-accrual loans		1.3		(0.1	)		(0.1	)		1.4		1.4
	Past due loans (3 months or more)		0.0		0.0			(0.1	)		0.0		0.1
	Restructured loans		0.3		0.0			0.1			0.3		0.2
	Total		1.8		(0.1	)		(0.2	)		1.9		2.0
<Consolidated>												(Millions of yen)
		Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
		(a)		(a) - (b)			(a) - (c)			(b)		(c)
Risk- monitored loans	Bankrupt loans		117,082		(48,049	)		(128,027	)		165,131		245,109
	Non-accrual loans		1,080,363		4,581			(52,031	)		1,075,782		1,132,394
	Past due loans (3 months or more)		42,043		3,728			(9,940	)		38,315		51,983
	Restructured loans		330,516		80,260			110,132			250,256		220,384
	Total		1,570,004		40,520			(79,869	)		1,529,484		1,649,873
	Amount of direct reduction		728,534		901			43,034			727,633		685,500
Total loans (term-end balance)			63,532,671		831,638			(1,023,489	)		62,701,033		64,556,160
													(%)
Ratio to total loans	Bankrupt loans		0.2		(0.1	)		(0.2	)		0.3		0.4
	Non-accrual loans		1.7		0.0			(0.1	)		1.7		1.8
	Past due loans (3 months or more)		0.1		0.0			0.0			0.1		0.1
	Restructured loans		0.5		0.1			0.2			0.4		0.3
	Total		2.5		0.1			(0.1	)		2.4		2.6

- 9 -

(Sumitomo Mitsui Financial Group)

13. Reserve for Possible Loan Losses

<SMBC Non-consolidated>											(Millions of yen)
			Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
			(a)		(a) - (b)			(a) - (c)				(b)		(c)
	Reserve for possible loan losses			747,064		(11,114	)		(32,950	)			758,178		780,014
		General reserve		490,778		(4,872	)		33,649				495,650		457,129
		Specific reserve		256,096		(6,247	)		(66,526	)			262,343		322,622
		Loan loss reserve for specific overseas countries		190		6			(73	)			184		263
		Amount of direct reduction		477,022		(1,020	)		(59,244	)			478,042		536,266

<Consolidated>											(Millions of yen)
			Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
			(a)		(a) - (b)			(a) - (c)				(b)		(c)
	Reserve for possible loan losses			1,062,938		(5,391	)		(23,249	)			1,068,329		1,086,187
		General reserve		699,955		(2,651	)		50,480				702,606		649,475
		Specific reserve		362,394		(2,693	)		(73,515	)			365,087		435,909
		Loan loss reserve for specific overseas countries		588		(48	)		(214	)			636		802
		Amount of direct reduction		858,642		14,861			48,807				843,781		809,835

14. Reserve Ratio to Risk-Monitored Loans

<SMBC Non-consolidated>								(%)
		Sep. 30, 2010							Mar. 31, 2010		Sep. 30, 2009
		(a)		(a) - (b)		(a) - (c)			(b)		(c)
	Before direct reduction		85.9		2.4		5.5			83.5		80.4
	After direct reduction		73.7		2.7		7.4			71.0		66.3

<Consolidated>									(%)
		Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
		(a)		(a) - (b)			(a) - (c)			(b)		(c)
	Before direct reduction		83.6		(1.1	)		2.4			84.7		81.2
	After direct reduction		67.7		(2.1	)		1.9			69.8		65.8
(Note) Reserve ratio to risk-monitored loans = (Reserve for possible loan losses) / (Risk-monitored loans)

- 10 -

(Sumitomo Mitsui Financial Group)

15. Problem Assets Based on the Financial Reconstruction Law and the Coverage

<SMBC Non-consolidated>													(Millions of yen, %)
					Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
					(a)		(a) - (b)			(a) - (c)				(b)		(c)
			Bankrupt and quasi-bankrupt assets			178,605		(45,730	)		(110,454	)			224,335		289,059
			Doubtful assets			676,277		(21,393	)		(90,891	)			697,670		767,168
			Substandard loans			187,766		9,087			2,056				178,679		185,710
Total (A)						1,042,648		(58,037	)		(199,290	)			1,100,685		1,241,938
			Normal assets			62,898,942		782,883			(1,343,175	)			62,116,059		64,242,117
			Total (B)			63,941,591		724,846			(1,542,464	)			63,216,745		65,484,055
Problem asset ratio (A/B)						1.63		(0.11	)		(0.27	)			1.74		1.90
Amount of direct reduction						477,022		(1,020	)		(59,244	)			478,042		536,266
		(Note)		Problem Assets Based on the Financial Reconstruction Law include loans, acceptances and guarantees, temporary advance, and other credit-type assets. Privately-placed bonds guaranteed by SMBC has been recorded with fair value since March 31, 2010, in accordance with the revision of “Accounting Standard for Financial Instruments.”
													(Millions of yen)
					Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
					(a)		(a) - (b)			(a) - (c)				(b)		(c)
	Total coverage (C)					926,072		(70,664	)		(213,992	)			996,736		1,140,064
			Reserve for possible loan losses* (D)			309,470		10,281			(55,398	)			299,189		364,868
			Amount recoverable by guarantees, collateral and others (E)			616,602		(80,944	)		(158,593	)			697,546		775,195
(*) Sum of general reserve for substandard loans and specific reserve.
													(%)
Coverage ratio (C) / (A)						88.82		(1.74	)		(2.98	)			90.56		91.80
Coverage ratio calculated with total reserve for possible loan losses included in the numerator						130.79		(1.47	)		5.57				132.26		125.22
													(%)
Reserve ratio to unsecured assets (D) / (A - E)						72.64		(1.58	)		(5.53	)			74.22		78.17
Reserve ratio calculated with total reserve for possible loan losses included in the numerator						175.35		(12.72	)		8.23				188.07		167.12
<Consolidated>													(Millions of yen, %)
					Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
					(a)		(a) - (b)			(a) - (c)				(b)		(c)
			Bankrupt and quasi-bankrupt assets			353,327		(39,097	)		(118,855	)			392,424		472,182
			Doubtful assets			871,392		(9,847	)		(98,067	)			881,239		969,459
			Substandard loans			383,059		84,880			102,065				298,179		280,994
Total (A)						1,607,778		35,936			(114,857	)			1,571,842		1,722,635
			Normal assets			69,846,416		1,415,081			(511,025	)			68,431,335		70,357,441
			Total (B)			71,454,194		1,451,017			(625,882	)			70,003,177		72,080,076
Problem asset ratio (A/B)						2.25		0.00			(0.14	)			2.25		2.39
													(Millions of yen)
					Sep. 30, 2010									Mar. 31, 2010		Sep. 30, 2009
					(a)		(a) - (b)			(a) - (c)				(b)		(c)
	Total coverage (C)					1,374,154		(15,125	)		(162,060	)			1,389,279		1,536,214
			Reserve for possible loan losses (D)			417,326		42,943			(25,067	)			374,383		442,393
			Amount recoverable due to guarantees, collateral and others (E)			956,828		(58,068	)		(136,993	)			1,014,896		1,093,821
													(%)
Coverage ratio (C) / (A)						85.47		(2.92	)		(3.71	)			88.39		89.18
Coverage ratio calculated with total reserve for possible loan losses included in the numerator						125.62		(6.91	)		(0.93	)			132.53		126.55
													(%)
Reserve ratio to unsecured assets (D) / (A - E)						64.11		(3.11	)		(6.24	)			67.22		70.35
Reserve ratio calculated with total reserve for possible loan losses included in the numerator						163.29		(28.53	)		(9.45	)			191.82		172.74

- 11 -

(Sumitomo Mitsui Financial Group)

16. Progress in Off-Balancing of Problem Assets <SMBC Non-consolidated>

									(Billions of yen)
	Mar. 31, 2010		Change in the six months ended Sep. 30, 2010		Problem assets newly classified during the six months ended Sep. 30, 2010		Amount of off-balancing		Sep. 30, 2010
Bankrupt and quasi-bankrupt assets		224.3		(45.7)		23.4		(69.1)		178.6
Doubtful assets		697.7		(21.4)		159.8		(181.2)		676.3
Total		922.0		(67.1)		183.2		(250.3)		854.9
Result of measures connected to off-balancing (*1)		186.5								148.2

Disposition by borrowers’ liquidation		(23.3	)
Reconstructive disposition		(6.1	)
Improvement in debtors’ performance due to reconstructive disposition			-
Loan sales to market		(23.3	)
Direct write-offs		20.1
Others		(217.7	)
	Collection/repayment, etc.	(186.2	)
	Improvement in debtors’ performance	(31.5	)
Total		(250.3	)

(*1)	The measures connected to off-balancing are legal reorganizations and other similar measures, corporate splits to good companies and bad companies, partial direct write-offs of retail exposure to individuals and small- and medium-sized enterprises, and trusts to RCC for the purpose of revitalization which is scheduled to be off-balanced before the maturity.
(*2)	1.	“Disposition by borrowers’ liquidation” refers to abandonment or write-off of loans involved in bankruptcy liquidation proceedings (bankruptcy or special liquidations).
	2.	“Reconstructive disposition” refers to abandonment of loans involved in reconstructive bankruptcy proceedings (corporate reorganization, civil rehabilitation, composition and arrangement), debt forgiveness involved in special mediation or other types of civil mediation, or debt forgiveness for restructuring involved in private reorganization.

- 12 -

(Sumitomo Mitsui Financial Group)

 17. Loan Portfolio, Classified by Industry <SMBC Non-consolidated>

 (1) Loans and bills discounted, classified by industry

																						(Millions of yen, %)
				Sep. 30, 2010												Mar. 31, 2010						Sep. 30, 2009
				(a)			Composition			(a) - (b)			(a) - (c)			(b)			Composition			(c)			Composition
							ratio												ratio						ratio
Domestic offices (excluding offshore banking account)					50,516,218			100.0			990,477			(944,358	)		49,525,741			100.0			51,460,576			100.0
		Manufacturing			6,056,497			12.0			(251,703	)		(390,401	)		6,308,200			12.8			6,446,898			12.5
		Agriculture, forestry, fisheries, and mining			117,398			0.2			(29,367	)		(4,436	)		146,765			0.3			121,834			0.2
		Construction			842,617			1.7			(55,370	)		(176,301	)		897,987			1.8			1,018,918			2.0
		Transportation, communications and public enterprises			3,048,258			6.0			(19,453	)		(58,744	)		3,067,711			6.2			3,107,002			6.0
		Wholesale and retail			3,902,705			7.7			(158,562	)		(388,962	)		4,061,267			8.2			4,291,667			8.3
		Finance and insurance			5,759,083			11.4			(148,343	)		(230,912	)		5,907,426			11.9			5,989,995			11.7
		Real estate and goods rental and leasing			6,552,915			13.0			(256,665	)		(538,345	)		6,809,580			13.7			7,091,260			13.8
		Various services			3,619,545			7.2			(149,785	)		(346,711	)		3,769,330			7.6			3,966,256			7.7
		Municipalities			1,041,730			2.0			57,544			64,599			984,186			2.0			977,131			1.9
		Others			19,575,467			38.8			2,002,180			1,125,857			17,573,287			35.5			18,449,610			35.9
Overseas offices and offshore banking accounts					6,876,225			100.0			(217,091	)		(561,897	)		7,093,316			100.0			7,438,122			100.0
		Public sector			26,588			0.4			5,268			6,528			21,320			0.3			20,060			0.3
		Financial institutions			507,889			7.4			22,997			40,766			484,892			6.8			467,123			6.3
		Commerce and industry			5,849,983			85.1			(176,297	)		(543,760	)		6,026,280			85.0			6,393,743			85.9
		Others			491,763			7.1			(69,060	)		(65,432	)		560,823			7.9			557,195			7.5
Total					57,392,444				-		773,386			(1,506,254	)		56,619,058				-		58,898,698				-
			Risk-Monitored Loans																			(Millions of yen, %)
				Sep. 30, 2010												Mar. 31, 2010						Sep. 30, 2009
				(a)			Composition			(a) - (b)			(a) - (c)			(b)			Composition			(c)			Composition
							ratio												ratio						ratio
	Domestic offices (excluding offshore banking account)				868,020			100.0			(63,155	)		(182,668	)		931,175			100.0			1,050,688			100.0
			Manufacturing		90,188			10.4			9,673			2,332			80,515			8.6			87,856			8.4
			Agriculture, forestry, fisheries, and mining		3,828			0.4			(156	)		694			3,984			0.4			3,134			0.3
			Construction		53,110			6.1			(9,459	)		(30,382	)		62,569			6.7			83,492			7.9
			Transportation, communications and public enterprises		69,853			8.0			(11,001	)		(41,024	)		80,854			8.7			110,877			10.6
			Wholesale and retail		99,289			11.5			1,980			(9,542	)		97,309			10.5			108,831			10.4
			Finance and insurance		13,761			1.6			(8,679	)		(24,693	)		22,440			2.4			38,454			3.7
			Real estate and goods rental and leasing		296,722			34.2			(19,430	)		(66,087	)		316,152			34.0			362,809			34.5
			Various services		159,503			18.4			(17,512	)		(1,739	)		177,015			19.0			161,242			15.3
			Municipalities			-			-			-			-			-			-			-			-
			Others		81,761			9.4			(8,572	)		(12,228	)		90,333			9.7			93,989			8.9
	Overseas offices and offshore banking accounts				145,768			100.0			8,927			19,349			136,841			100.0			126,419			100.0
			Public sector			-			-			-			-			-			-			-			-
			Financial institutions		8,514			5.8			(2,675	)		(5,893	)		11,189			8.2			14,407			11.4
			Commerce and industry		137,253			94.2			11,602			25,241			125,651			91.8			112,012			88.6
			Others			-			-			-			-			-			-			-			-
	Total				1,013,788				-		(54,229	)		(163,319	)		1,068,017				-		1,177,107				-

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(Sumitomo Mitsui Financial Group)

(2) Problem assets based on the Financial Reconstruction Law classified by industry, and reserve ratio

(Millions of yen, %)

		Sep. 30, 2010										Mar. 31, 2010		Sep. 30, 2009
		(a)		Reserve ratio		(a) - (b)			(a) - (c)			(b)		(c)
Domestic offices (excluding offshore banking account)			891,905		76.7		(66,851	)		(217,342	)		958,756		1,109,247
	Manufacturing		93,130		72.3		8,967			(3,472	)		84,163		96,602
	Agriculture, forestry, fisheries, and mining		3,885		72.7		(166	)		328			4,051		3,557
	Construction		55,445		82.0		(10,710	)		(32,438	)		66,155		87,883
	Transportation, communications and public enterprises		70,055		71.5		(11,132	)		(46,678	)		81,187		116,733
	Wholesale and retail		104,112		78.9		1,904			(12,827	)		102,208		116,939
	Finance and insurance		14,626		64.8		(8,710	)		(24,761	)		23,336		39,387
	Real estate and goods rental and leasing		303,161		84.6		(20,690	)		(75,758	)		323,851		378,919
	Various services		163,634		64.7		(17,697	)		(9,612	)		181,331		173,246
	Municipalities		-		-		-			-			-		-
	Others		83,853		100.0		(8,618	)		(12,124	)		92,471		95,977
Overseas offices and offshore banking accounts			150,742		60.7		8,813			18,052			141,929		132,690
	Public sector		-		-		-			-			-		-
	Financial institutions		8,975		65.0		(2,693	)		(5,916	)		11,668		14,891
	Commerce and industry		141,767		60.5		11,506			23,969			130,261		117,798
	Others		-		-		-			-			-		-
Total			1,042,648		72.6		(58,037	)		(199,290	)		1,100,685		1,241,938

(Notes)	1.	Problem assets based on the Financial Reconstruction Law include loans, acceptances and guarantees, suspense payments, and other credit-type assets.
	2.	Reserve ratio = (Reserve for possible loan losses) / (Assets excluding amounts recoverable due to guarantees, collateral and others) X 100
		Reserve for possible loan losses is sum of general reserve for substandard loans and specific reserve.

(3) Consumer loans outstanding

(Millions of yen)

				Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
				(a)		(a) - (b)			(a) - (c)			(b)		(c)
	Consumer loans				15,360,685		(39,846	)		204,535			15,400,531		15,156,150
		Housing loans			14,472,781		(24,727	)		232,896			14,497,508		14,239,885
			Residential purpose		11,050,254		39,557			330,710			11,010,697		10,719,544
		Other consumer loans			887,903		(15,120	)		(28,361	)		903,023		916,264
(4) Loans to small- and medium-sized enterprises, etc.
	(Millions of yen, %)
				Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
				(a)		(a) - (b)			(a) - (c)			(b)		(c)
	Outstanding balance				33,908,478		(548,620	)		(773,866	)		34,457,098		34,682,344
	Ratio to total loans				67.1		(2.5	)		(0.3	)		69.6		67.4

 (Note) Outstanding balance does not include loans at overseas offices and offshore banking accounts.

- 14 -

(Sumitomo Mitsui Financial Group)       

 18. Loan Portfolio, Classified by Country <SMBC Non-consolidated>

  (1) Loans to specific overseas countries

							(Millions of yen)
	Sep. 30, 2010					Mar. 31, 2010	Sep. 30, 2009
	(a)	(a) - (b)		(a) - (c)		(b)	(c)
Loan balance	1,464	125		(1,337	)	1,339		2,801
Number of countries	4		-		-	4		4

 (2) Loans outstanding, classified by major domicile

(Millions of yen, %)

		Sep. 30, 2010										Mar. 31, 2010				Sep. 30, 2009
		(a)		Composition		(a) - (b)			(a) - (c)			(b)		Composition		(c)		Composition
				ratio										ratio				ratio
Asia			2,139,813		26.5		68,641			107,814			2,071,172		25.1		2,031,999		24.0
	Indonesia		99,467		1.2		11,383			19,920			88,084		1.1		79,547		1.0
	Thailand		296,217		3.7		2,749			14,410			293,468		3.5		281,807		3.3
	Korea		214,986		2.7		20,982			30,884			194,004		2.3		184,102		2.2
	Hong Kong		521,945		6.5		3,869			30,824			518,076		6.3		491,121		5.8
	China		84,943		1.0		(1,369	)		(36,429	)		86,312		1.0		121,372		1.4
	Singapore		521,291		6.4		(5,354	)		1,962			526,645		6.4		519,329		6.1
	India		184,471		2.3		38,823			40,945			145,648		1.8		143,526		1.7
	Others		216,489		2.7		(2,444	)		5,298			218,933		2.7		211,191		2.5
North America			2,322,706		28.8		(136,890	)		(420,323	)		2,459,596		29.8		2,743,029		32.4
Central and South America			1,081,273		13.4		70,443			218,132			1,010,830		12.3		863,141		10.2
	Brazil		95,339		1.2		925			16,537			94,414		1.1		78,802		0.9
	Panama		837,268		10.4		56,337			148,576			780,931		9.5		688,692		8.2
	Others		148,665		1.8		13,181			53,018			135,484		1.7		95,647		1.1
Western Europe			1,094,828		13.6		(90,100	)		(250,894	)		1,184,928		14.4		1,345,722		15.9
Eastern Europe			299,188		3.7		(92,230	)		(106,268	)		391,418		4.8		405,456		4.7
	Russia		248,937		3.1		(85,803	)		(93,598	)		334,740		4.1		342,535		4.0
	Others		50,251		0.6		(6,426	)		(12,670	)		56,677		0.7		62,921		0.7
Others			1,122,846		14.0		(1,017	)		37,957			1,123,863		13.6		1,084,889		12.8
Total			8,060,657		100.0		(181,153	)		(413,581	)		8,241,810		100.0		8,474,238		100.0

 (Notes) Classified by domicile of debtors.

 (3) Problem assets based on the Financial Reconstruction Law, classified by domicile

(Millions of yen, %)

		Sep. 30, 2010												Mar. 31, 2010			Sep. 30, 2009
		(a)			Reserve ratio			(a) - (b)			(a) - (c)			(b)			(c)
Overseas offices and offshore banking accounts			150,742			60.7			8,813			18,052			141,929			132,690
	Asia		7,048			61.3			759			312			6,289			6,736
	North America		47,982			100.0			(28,348	)		(61,842	)		76,330			109,824
	Central and South America			-			-			-			-			-			-
	Western Europe		16,436			58.1			4,112			8,993			12,324			7,443
	Eastern Europe		36,493			41.0			(3,377	)		35,716			39,870			777
	Others		42,781			63.1			35,668			34,872			7,113			7,909

(Notes) 1.	Problem assets based on the Financial Reconstruction Law include loans, acceptances and guarantees, suspense payments, and other credit-type assets.
2.	Reserve ratio
	= (Reserve for possible loan losses) / (Assets excluding amounts recoverable due to guarantees, collateral and others) X 100
	Reserve for possible loan losses is sum of general reserve for substandard loans and specific reserve.
3.	Classified by domicile of debtors.

- 15 -

(Sumitomo Mitsui Financial Group)

19. Deposits and Loans <SMBC Non-consolidated>

(1) Deposits and loans outstanding

													(Millions of yen, %)
				Six months										FY3/2010		Six months
				ended												ended
				Sep. 30, 2010												Sep. 30, 2009
				(a)		(a) - (b)				(a) - (c)				(b)		(c)
	Deposits (period-end balance)				70,257,529		(199,737	)			1,410,880				70,457,266		68,846,649
	Deposits (average balance)				68,807,345		367,929				458,058				68,439,416		68,349,287
		Domestic units			61,134,266		1,304,879				1,508,764				59,829,387		59,625,502
			Average yield		0.09		(0.03	)			(0.05	)			0.12		0.14
	Loans (period-end balance)				57,392,444		773,386				(1,506,254	)			56,619,058		58,898,698
	Loans (average balance)				56,271,712		(2,813,269	)			(3,314,536	)			59,084,981		59,586,248
		Domestic units			47,859,784		(1,983,658	)			(2,196,119	)			49,843,442		50,055,903
			Average yield		1.68		(0.06	)			(0.09	)			1.74		1.77
	(Note) Deposits do not include “negotiable certificates of deposit.”
(2) Deposits outstanding, classified by type of depositor
													(Millions of yen)
				Sep. 30, 2010										Mar. 31, 2010		Sep. 30, 2009
				(a)		(a) - (b)				(a) - (c)				(b)		(c)
	Domestic deposits				68,346,354		787,294				2,595,831				67,559,060		65,750,523
		Individual			35,811,996		174,012				639,835				35,637,984		35,172,161
		Corporate			32,534,358		613,282				1,955,996				31,921,076		30,578,362
	(Note) Figures are before adjustment on interoffice accounts in transit.            Excludes “negotiable certificates of deposit” and Japan offshore banking accounts.
(Reference)													(Billions of yen)
				Sep. 30, 2010										Mar. 31, 2010		Sep. 30, 2009
				(a)		(a) - (b)				(a) - (c)				(b)		(c)
	Outstanding balance of investment trusts				2,883.2		(48.2	)			191.6				2,931.4		2,691.6
		Balance to individuals			2,579.2		(41.5	)			161.6				2,620.7		2,417.6
	(Note) Balance of investment trusts is recognized on a contract basis and measured according to each fund’s net asset balance             at the term-end.
									(Billions of yen)
				Six months						Six months				FY3/2010
				ended						ended
				Sep. 30, 2010						Sep. 30, 2009
				(a)		(a) - (b)				(b)
	Sales of investment trusts to individuals				515.7		169.9				345.8				809.7
	Sales of Pension-type insurance				110.2		(78.9	)			189.1				381.8

- 16 -

(Sumitomo Mitsui Financial Group)

20. Other Financial Data <SMBC Non-consolidated>

(1) Debt Forgiveness

	(Billions of yen)
	Six months ended
	Sep. 30, 2010
Number of companies whose debts have been forgiven		-
Principal amount forgiven		-
(Note) Debt forgiveness associated with legal settlement is not included.

(2) Outstanding Balance and the Amount Sold of Stocks in Other Securities

			(Billions of yen)				(Billions of yen)
	Sep. 30, 2010			Mar. 31, 2010			Six months ended
							Sep. 30, 2010
Balance sheet amount		2,296.9			2,533.3	Amount sold	approx.	(4.0)
Acquisition cost		2,159.2			2,161.8

21. Number of Directors and Employees <SMBC Non-consolidated>

	Sep. 30, 2010						Mar. 31, 2010		Sep. 30, 2009
	(a)		(a) - (b)		(a) - (c)		(b)		(c)
Directors and auditors*1		26		3		1		23		25
Executive officers*2		60		4		4		56		56
Employees*3		22,961		501		48		22,460		22,913

(*1) Include those of SMFG.

(*2) Who are not board members.

(*3) Include overseas local staff but exclude executive officers, contract employees, and temporary staff.

Number of employees is reported on the basis of full-time workers.

22. Number of Offices <SMBC Non-consolidated>

	Sep. 30, 2010								Mar. 31, 2010		Sep. 30, 2009
	(a)		(a) - (b)			(a) - (c)			(b)		(c)
Domestic branches*		436		(1	)		7			437		429
Domestic sub-branches and agents		165		-			2			165		163
Overseas branches		15		-			-			15		15
Overseas sub-branches		7		1			2			6		5
Overseas representative offices		12		(1	)		(2	)		13		14
(Reference)
Number of offices of SMBC Europe		4		-			-			4		4
Number of offices of SMBC (China)		10		2			2			8		8
(*) Branches specialized in receiving money transfers, branches specialized in controlling ATMs in convenience stores, and branches specialized in international business operations are excluded.

- 17 -

(Sumitomo Mitsui Financial Group)

23. Deferred Tax Assets

																			(Reference)
(1) Deferred Tax Assets on the Balance Sheet																(Billions of yen)			Temporary
																			differences
	<SMBC Non-consolidated>						Sep. 30, 2010			Change from			Change from			Mar. 31, 2010			Sep. 30, 2010
										Mar. 31, 2010			Sep. 30, 2009
	(a) Total deferred tax assets			(b-c	)	1		631.2			(43.8	)		(108.0	)		675.0
		(b) Subtotal of deferred tax assets				2		1,407.0			(127.2	)		(211.8	)		1,534.2			3,419.3
			Reserve for possible loan losses			3		249.6			5.1			47.2			244.5			614.3
			Write-off of loans			4		142.3			2.0			(17.6	)		140.3			350.3
			Taxable write-off of securities			5		540.5			18.9			14.2			521.6			1,330.4
			Reserve for employee retirement benefits			6		56.4			1.3			4.7			55.1			138.7
			Depreciation			7		10.4			(0.0	)		3.0			10.4			25.6
			Reserve for possible losses on investments			8		5.2			5.2			4.3				-		12.9
			Net unrealized losses on other securities			9		62.1			30.1			34.4			32.0			152.9
			Net deferred losses on hedges			10		-			(26.5	)		(14.8	)		26.5			-
			Net operating loss carryforwards			11		267.7			(162.0	)		(296.6	)		429.7			615.2
			Others			12		72.8			(1.3	)		9.4			74.1			179.0
		(c) Valuation allowance				13		775.8			(83.4	)		(103.8	)		859.2
	(d) Total deferred tax liabilities					14		195.4			(23.0	)		(26.0	)		218.4			481.0
		Gain on securities contributed to employee retirement benefits trust				15		41.6				-			-		41.6			102.3
		Net unrealized gains on other securities				16		120.9			(33.4	)		(38.7	)		154.3			297.5
		Net deferred gains on hedges				17		12.4			12.4			12.4				-		30.7
		Others				18		20.5			(2.0	)		0.3			22.5			50.5
	Net deferred tax assets (Balance sheet amount)			(a-d	)	19		435.8			(20.8	)		(82.0	)		456.6
		Amount corresponding to the deferred tax assets shown in line 10		(*1	)	20		(12.4	)		(38.9	)		(27.2	)		26.5			(30.7	)
		Amount corresponding to the deferred tax liabilities shown in line 16		(*2	)	21		(104.9	)		37.1			45.3			(142.0	)		(313.7	)
		Net deferred tax assets excluding the amount shown in line 20 and 21				22		553.1			(19.0	)		(100.1	)		572.1			1,385.4
	Effective income tax rate					23		40.63%				-			-		40.63%
	<Consolidated>
	(e) Net deferred tax assets					24		691.5			(10.6	)		19.5			702.1
	(f) Tier I					25		6,362.2			329.9			1,067.0			6,032.3
		Net deferred tax assets/Tier I		(e/f	)	26		10.9%			(0.7)%			(1.8)%			11.6%

(*1)	Companies may consider net deferred losses on hedges to be collectable, in case they assess the collectability of deferred tax assets on the basis of their future taxable income as stipulated in examples (4) proviso of the practical guidelines on assessing the collectability of deferred tax assets issued by the JICPA. [“Guidance on Accounting Standard for Presentation of Net Assets in the Balance Sheet” (ASBJ Guidance No.8)].
(*2)	Deferred tax assets are recognized on the balance sheet on a net basis after offsetting against deferred tax liabilities arising from net unrealized gains on other securities. But the collectability is assessed for the gross deferred tax assets, before offsetting against deferred tax liabilities.
	(JICPA Auditing Committee Report No.70 “Auditing Treatment Regarding Application of Tax Effect Accounting to Valuation Differences on Other Securities and Losses on Impairment of Fixed Assets”)

- 18 -

(Sumitomo Mitsui Financial Group)

(2) Reason for Recognition of Deferred Tax Assets

(a) Recognition Criteria Practical Guideline, examples (4) proviso

(1)    SMBC has significant tax loss carryforwards resulting from taking the measures described below in order to quickly strengthen its financial base, and are accordingly judged to be attributable to extraordinary factors. As a result, with regard to temporary differences which are considered to be reversible, SMBC recognized deferred tax assets within the limits of the estimated future taxable income for the period (approximately 5 years) pursuant to the practical guidelines on assessing the collectability of deferred tax assets issued by the JICPA (“Practical Guidelines”) (*1).

(a)	Disposal of Non-performing Loans
	SMBC established internal standards for write-offs and provisions based on self-assessment in accordance with the “Prompt Corrective Action” adopted in FY3/1999 pursuant to the law concerning the maintenance of sound management of financial institutions (June 1996). SMBC has been aggressively disposing of non-performing loans and bolstering provisions against the risk of asset deterioration under the severe business environment of a prolonged sluggish economy.
	In addition, pursuant to the government’s “Program for Financial Revival” of October 2002, SMBC accelerated the disposal of non-performing loans in order to reduce the problem asset ratio to half by the end of FY3/2005. As a result, SMBC achieved this target 6 months ahead of schedule, in the first half of FY3/2005.
	In these processes, the amount of taxable disposals of non-performing loans(*2) increased and accumulated. Afterwards, despite of the increased amount of the taxable disposal due to the credit cost, the realized amount of taxable disposals also increased steadily.
(b)	Disposal of Unrealized Losses on Stocks
	SMBC has been accelerating its effort to reduce stockholdings in order to lower the risk of stock price fluctuations, and to comply, at an early date, with the regulation limiting stockholdings that was adopted in FY3/2002.
	During FY3/2003, SMBC sold stocks and reduced the balance by approximately 1.1 trillion yen, and also disposed in lump sum unrealized losses on stocks of approximately 1.2 trillion yen by writing off impaired stocks and using the gains on the March 2003 merger. Consequently, SMBC complied with the regulation limiting stockholdings at the end of FY3/2003, before the deadline.
	As a result, the outstanding balance of taxable write-offs of securities (*2) increased temporarily (from approximately 0.1 trillion yen as of March 31, 1999 to approximately 1.5 trillion yen as of March 31, 2003). Afterwards, despite of the increased amount of the taxable disposal resulting from the reducing the balance of the stocks and securities, taxable write-offs of securities carried out in the past were realized through the sales of the securities stocks.

(2)   Consequently, tax loss carryforwards (*2) amounted to approximately 620 billion yen as of September 30, 2010. No material tax loss carryforwards have expired in the past.

(*1) JICPA Auditing Committee Report No.66 “Auditing Treatment Regarding Judgment of Realizability of Deferred Tax Assets”

(*2) Corresponds to “Temporary differences” in the table on the previous page.

  (b) Period for Future Taxable Income to be estimated 5 years

  (c) Accumulated Amount of Estimated Future Taxable Income before Adjustments for the Next 5 Years

(Billions of yen)

			Estimates of
			next 5 years
	Banking profit (before provision for general reserve for possible loan losses)	1		3,888.1
A	Income before income taxes	2		2,061.8
B	Adjustments to taxable income (excluding reversal of temporary differences as of Sep. 30, 2010)	3		423.0
C	Taxable income before adjustments (A+B)	4		2,484.8
	Deferred tax assets corresponding to taxable income before adjustments	5		1,009.6

[Basic Policy]

(1)	Estimate when the temporary differences will be reversed
(2)	Conservatively estimate the taxable income before adjustments for the next 5 years

(a)	Rationally make earnings projection for the next five years, based on internal management plans.
(b)	Reduce the earnings projection by reasonable amount, reflecting the uncertainty of the projection.
(c)	Add the necessary adjustments if any.

(3) Calculate and record the amount of “deferred tax assets” by multiplying effective tax rate and the taxable income before adjustments estimated above.

(Reference) Income of final return (before deducting operating loss carryforwards) for the last 5 years

(Billions of yen)

	FY3/2006			FY3/2007			FY3/2008		FY3/2009		FY3/2010		1st half FY3/2011
Income of final return (before deducting operating loss carryforwards)		(652.4	)		(67.0	)		746.7		350.4		615.7		378.2

(Notes) 1.	(Income of final return before deduction of operating loss carryforwards)
	= (Taxable income before adjustments for each fiscal year) - (Temporary differences to be reversed for each fiscal year)
2.	The figures above include amounts arising from “extraordinary factors” that are specified in the Practical Guideline.
	Taxable income has been reported each year when these amounts are excluded.
3.	This figures for September 30, 2010 were estimated in interim closing.

- 19 -

(Sumitomo Mitsui Financial Group)

  24. Earnings Forecast for FY3/2011

  Sumitomo Mitsui Financial Group, Inc.

	<Non-consolidated>								(Billions of yen)
			FY3/2011						FY3/2010
			Forecast			Change			Result
	Operating income			220.0			86.7			133.3
	Operating profit			200.0			83.3			116.7
	Ordinary profit			190.0			95.5			94.5
	Net income			190.0			123.8			66.2
	Dividend per share forecast								(Yen)
			FY3/2011						FY3/2010
			Interim			Annual			Annual
							(Forecast)			Result
	Common stock			50			100			100
	Type 4 preferred stock									67,500
	Type 6 preferred stock			44,250			88,500			88,500
	(Reference)								(Billions of yen)
	Total dividend planned			73.6			147.2			131.6
	<Consolidated>								(Billions of yen)
			FY3/2011						FY3/2010
			Forecast			Change			Result
	Ordinary income			3,900.0			733.5			3,166.5
	Ordinary profit			870.0			311.2			558.8
	Net income			540.0			268.4			271.6
(Reference) Sumitomo Mitsui Banking Corporation
	<Non-consolidated>								(Billions of yen)
			FY3/2011						FY3/2010
			Forecast			Change			Result
		Gross banking profit		1,550.0			94.7			1,455.3
		Expenses		(710.0	)		(24.2	)		(685.8	)
	Banking profit (before provision for general reserve for possible loan losses)			840.0			70.5			769.5
	Ordinary profit			620.0			157.3			462.7
	Net income			460.0			142.0			318.0
	Total credit cost (*)			(130.0	)		124.7			(254.7	)

(*)	(Provision for general reserve for possible loan losses) + (Credit cost included in non-recurring losses)
	+ (Recoveries of written-off claims included in Extraordinary gains)

- 20 -

(Sumitomo Mitsui Financial Group)

(Reference 1) Management Policy in FY3/2011 and Business Performance of 1st Half

Management Policy and Strategic Initiatives in FY3/2011: “ ‘Forward looking’ - Transforming our business model to grow steadily under a new regulatory and competitive environment” / “Emphasizing return on risks and costs,
in order to improve asset quality and thoroughly control expenses and credit costs”

In order to “secure a resilient capital base” and “reinforce our business portfolio to achieve sustainable growth,” we will strengthen our profitability through allocating more capital and resources into targeted growth business areas including overseas business and securities business. We will also implement improvement of risk-return profile by rebalancing our asset portfolio towards assets with high growth potential from assets with low yields and control on credit costs, while meeting customers’ financial needs.

   Securing a resilient capital base Þ    Maintain over around 10% of consolidated Tier I ratio  

  • Steadily accumulating earnings based on our management plan

  • Minimizing risks to our capital posed by volatility in our equity holdings

  • Promoting initiatives toward NYSE listing

   Reinforcing business portfolio
   to achieve sustainable growth Þ   Target around 10% of consolidated ROE in the medium term  

     <Fortify bottom-line profit by reviewing current business / Further increase productivity by improving business processes>

  •
 
  Improving risk-return profile by rebalancing our asset portfolio towards assets with high growth potential from assets with low yields while meeting customers’ financing needs / Controlling credit costs and expenses

<Pursue profitability by focusing on targeted growth business areas / Further enhance customer responsiveness by leveraging advisory functions>

Focused Business Areas in Global Markets Solution Providing for Corporations / Investment Banking, Trust Business Wholesale / Retail Securities Business Financial Consulting for Individuals Payment & Settlement Services, Consumer Finance

Overview of Business Performance of 1st Half, FY3/2011 and Progress of Strategic Initiatives

SMFG’s Consolidated net income in 1st Half, FY3/2011 increased by JPY 294.0 billion year over year to JPY 417.5 billion, JPY 257.5 billion higher than May 2010 forecast, due mainly to favorable performance of SMBC and contribution of other group companies. Both SMFG’s consolidated Net income and SMBC’s non-consolidated Net income were the highest half-year Net income since the merger in April, 2001.

We have fortified our overseas operation through expanding channel network and reinforcing our organization. At the same time, we have enhanced collaborative framework between SMBC and Nikko Cordial Securities, while strengthening Nikko’s wholesale business. In addition, in order to accelerate “development of our business as a global player,” we listed on NYSE in November, 2010.

  Securing a resilient capital base

<Favorable performance>

   (SMBC non-consolidated)

Gross banking profit _______	Marketing units’ performance was fairly in line with the business plan
	Treasury Unit’s performance substantially increased compared with the business plan
Overhead ratio __________	Substantially decreased year over year
Total credit cost _________	Substantially decreased year over year

   (SMFG consolidated)

Net income ___________	Substantially increased compared with 1H, FY3/10 and May 2010 forecast due mainly to increase in SMBC’s Net income
Tier I ratio ___________	Increased to 12.32% (as of Sep. 2010)
(preliminary)

								Change from
								May 2010
	(JPY bn)	1H, FY3/11			YOY change			forecast
<SMBC	Gross banking profit		838.6			+ 119.2			+ 118.6
non-consolidated>	Expenses		(345.3	)		(3.6	)		+ 4.7
	<OHR>		41.2	%		(6.3)	%		(7.4)%
	Banking profit*		493.3			+ 115.6			+ 123.3
	Total credit cost		(43.3	)		+ 113.6			+ 66.7
	Net income		351.2			+ 238.6			+ 201.2
<SMFG consolidated>	Net income		417.5			+ 294.0			+ 257.5
	* Before provision for general reserve for possible loan losses

   <Listed on NYSE (Nov. 2010)>

  Reinforcing business portfolio
  to achieve sustainable growth

<Focused Business Areas in Global Markets>

  • Reorganized to facilitate support for Japanese corporate customers in China in a globally integrated manner (Apr. 2010)

  • Expanded overseas channel network centered on China

- Opened 3 channels and received approval to open 3 channels

  • Established Financial Products Marketing Dept. in Singapore (May 2010)

  • Agreed capital/business alliances with leading local banks

- Kotak Mahindra Bank (India), Banco de Bogota (Colombia)

<Wholesale / Retail Securities Business (Nikko Cordial Securities)>

  • Named as a primary dealer of JGB (Apr. 2010)

  • Strengthened equity-related business

- Commenced operations of new equity trading system, Established Equity Research Division (Aug. 2010)

  • Expansion of overseas network

- Started securities business in the U.K. through SMBC’s subsidiary (Oct. 2010)

  • Enhanced collaboration with SMBC

- Expanded referral services for corporations

- Commenced securities intermediary business for individuals

- Established joint private banking business with SMBC and Barclays (Jun. 2010)

- Started bank agency services (Oct. 2010) etc.

- 21 -

(Sumitomo Mitsui Financial Group)

(Reference 2) Exposure of Securitized Products
	- Managerial accounting basis

1. Securitized Products

(1)	As of September 30, 2010, the Group held 0.1 billion yen for sub-prime related securitized products and 27.1 billion yen other than sub-prime related products after write-offs and provisions. Those figures exclude Government Sponsored Enterprises (“GSE”) etc.
(2)	No loss was recorded on securitized products in the first half of FY3/2011.

(1) Sub-prime related products

<Consolidated>																											(Billions of yen)
					September 30, 2010																March 31, 2010
					Balances											Net					Balances						Net			Ratings of
					(after		Change						Change			unrealized			Change		(after						unrealized			underlying assets
					provisions		from			Overseas			from			gains/losses			from		provisions			Overseas			gains/losses			etc.
					and		Mar. 31,						Mar. 31,			(after			Mar. 31,		and						(after
					write-offs)		2010						2010			write-offs)			2010		write-offs)						write-offs)
		Investments to securitized products				0.1		(0.0	)		0.1			(0.0	)		0.2			0.2		0.1			0.1			0.0		Speculative ratings
	Total					0.1		(0.0	)		0.1			(0.0	)		0.2			0.2		0.1			0.1			0.0
(2) Products other than sub-prime related (Excludes GSE etc.)
<Consolidated>																											(Billions of yen)
					September 30, 2010																March 31, 2010
					Balances											Net					Balances						Net			Ratings of
					(after		Change						Change			unrealized			Change		(after						unrealized			underlying assets
					provisions		from			Overseas			from			gains/losses			from		provisions			Overseas			gains/losses			etc.
					and		Mar. 31,						Mar. 31,			(after			Mar. 31,		and						(after
					write-offs)		2010						2010			write-offs)			2010		write-offs)						write-offs)
			Cards			2.6		2.6			2.6			2.6			0.0			0.0			-			-			-	BBB
			CLO			2.1		(0.8	)		2.1			(0.8	)		0.6			0.1		2.9			2.9			0.5
				Senior		2.0		(0.8	)		2.0			(0.8	)		(0.1	)		0.1		2.8			2.8			(0.2	)	AAA~AA
				Equity		0.1		(0.0	)		0.1			(0.0	)		0.7			0.0		0.1			0.1			0.7		No ratings
			CMBS			12.8		(0.8	)			-			-		0.1			0.1		13.6				-		0.0		AAA~BBB
			RMBS			9.6		9.6				-			-		0.0			0.0			-			-			-	AAA
		Investments to securitized products				27.1		10.6			4.7			1.8			0.7			0.2		16.5			2.9			0.5
	Total					27.1		10.6			4.7			1.8			0.7			0.2		16.5			2.9			0.5

(Notes)	1.	“Senior” means the upper tranche under senior-subordinate structure.
	2.	Credit ratings are in principle indicated by the lower of S&P ratings and Moody’s ratings. Notation of credit ratings is followed by the notation system of S&P.
	3.	There is no amount of ABCP.
	4.	Excludes GSE and SMBC’s exposure to subordinated beneficiaries owned through the securitization of SMBC’s loan receivables (see next page for details).

- 22 -

(Sumitomo Mitsui Financial Group)

(Reference 1)
Government Sponsored Enterprises (“GSE”) etc.
<Consolidated>

	September 30, 2010											March 31, 2010							Ratings of underlying assets, etc.
	Balances							Net unrealized gains/losses				Balances				Net unrealized gains/losses
					Overseas									Overseas
			Change from			Change from				Change from
			Mar. 31,			Mar. 31,				Mar. 31,
			2010			2010				2010
GSE etc.		79.1		43.2	79.1		43.2		0.5		0.3		35.9		35.9		0.2	AAA

(Notes)	1.	GSE etc. includes GNMA, FNMA and FHLMC. Besides RMBS, SMFG held bonds issued by GSEs (FNMA and FHLMC) of 0.1 billion yen.
	2.	Credit ratings are in principle indicated by the lower of S&P ratings and Moody’s ratings. Notation of credit ratings is followed by the notation system of S&P.

(Reference 2)
Subordinated beneficiaries in securitization of SMBC’s loans

Most of the securitized assets are domestic residential mortgage loans with low default rates.

SMBC properly conducts self-assessment and has made the necessary write-offs and provisions for the subordinated beneficiaries.

															(Billions of yen)
	September 30, 2010										March 31, 2010
									Reserve for possible loan losses									Reserve for possible loan losses
	Balances		Change from Mar. 31, 2010		Overseas		Subprime- related				Balances		Overseas			Subprime- related
Receivables of residential mortgage loans		253.7	4.9			-		-		-		248.8		-			-		-
Receivables of loans to corporations		7.8	(0.0	)		-		-		2.9		7.8		-			-		3.0
Total		261.5	4.9			-		-		2.9		256.6		-			-		3.0

(Notes)	1.	No subsidiary other than SMBC has those subordinated beneficiaries mentioned above.
	2.	Reserves do not include general reserve for possible loan losses for normal borrowers.

2. Transactions with Monoline Insurance Companies

Monoline insurance companies guarantee payment on underlying or reference assets. Our recognition of profit or loss on the transactions with monoline insurance companies is basically affected by the credit conditions and prices of underlying or reference assets, and is also affected by the credit conditions of monoline insurance companies.

(1) Credit derivatives (Credit Default Swap [“CDS”]) transactions with monoline insurance companies

In CDS^*1 brokerage transactions, positions are covered through transactions with monoline insurance companies.

As of September 30, 2010, the Group’s exposure^*2 to monoline insurance companies totaled approx. 32.0 billion yen.

Reference assets of these CDS transactions are rated investment grade or equivalent, and do not include subprime-related assets.

No loss was recorded on such transactions in the first half of FY3/2011.

(	*1	Derivatives to hedge credit risks	)
	*2	Mark-to-market value claimable to monoline insurance companies for net loss of reference assets on the settlement

 <Consolidated> (Billions of yen)

September 30, 2010

March 31, 2010

September 30, 2010

March 31, 2010

Net   exposure

Change from

Reserve for

Net      exposure

Reserve for

Amount of

Change from

Amount of

Mar. 31,

possible

possible

reference

Mar. 31,

reference

2010

loan losses

loan losses

assets

2010

assets

Exposure to CDS transactions with monoline insurance companies

31.8

(16.7

)

8.7

48.5

13.6

453.1

(50.0

)

503.1

- 23 -

(Sumitomo Mitsui Financial Group)

(2) Loans and investments guaranteed by monoline insurance companies etc.

Underlying assets are those of project finance and local government bonds rated investment grade or equivalent, and include no subprime-related assets. SMFG conducts self-assessment to these loans and investments properly.

<Consolidated>						(Billions of yen)
	September 30, 2010					March 31, 2010
				Reserve for				Reserve for
	Exposure	Change from Mar. 31, 2010		possible loan   losses		Exposure		possible loan   losses
Loans and investments guaranteed or insured by monoline insurance companies	9.0	(0.5	)		0.0		9.5		0.0

(Reference)   In addition, we had approx. 0.3 billion yen in commitment contracts (fully-drawn) to insurance companies with monoline insurance as group members.

3. Leveraged loans

(1)

As of September 30, 2010, the Group’s balance of financing for mergers and acquisitions of whole or part of companies was approx. 590 billion yen and undrawn commitments for them was approx. 110 billion yen.

(2)

In providing loans and commitment lines for mergers and acquisitions, we carefully scrutinize stability of cash flow of the borrowers, and, diversify the exposure especially for overseas portfolio in order to reduce concentration risk. At the same time, in credit risk management, we monitor each of such transactions individually, making loss provisions properly, thereby maintaining the quality of both domestic and overseas portfolios.

<Consolidated>																	(Billions of yen)
			September 30, 2010												March 31, 2010
												Reserve for						Reserve for
		Loans		Change from Mar. 31, 2010			Undrawn commitments		Change from Mar. 31, 2010			possible loan losses		Loans		Undrawn commitments		possible loan losses
	Europe		215.9		(45.2	)		26.5		(2.3	)		8.3		261.1		28.8		6.2
	Japan		223.4		47.2			10.0		(1.8	)		13.9		176.2		11.8		12.7
	United States		94.8		(18.4	)		67.3		(6.2	)		12.8		113.2		73.5		12.2
	Asia (excluding Japan)		51.7		(7.9	)		6.4		(3.0	)		4.1		59.6		9.4		2.3
	Total		585.8		(24.3	)		110.2		(13.3	)		39.1		610.1		123.5		33.4

(Notes)	1.	Above figures include the amount to be sold of approx. 6 billion yen.
		In the first half of FY3/2011, we sold leveraged loans of approx. 5 billion yen, and loss on the sale amounted to approx. 0.3 billion yen.
	2.	Above figures do not include leveraged loans which are included in underlying assets of “1. Securitized Products” shown on page 22.
	3.	Reserves do not include general reserve for possible loan losses against normal borrowers.

- 24 -

(Sumitomo Mitsui Financial Group)  

4. Asset Backed Commercial Paper (ABCP) Programs as Sponsor

(1)	The Group sponsors issuance of ABCP, whose reference assets are such as clients’ receivables, in order to fulfill clients’ financing needs.
	Specifically, as a sponsor, we provide services to special purpose vehicles, which are set up for clients’ financing needs, for purchase of claims, financing, issuance and sales of ABCPs. We also provide liquidity and credit supports for such special purpose vehicles.
(2)	As of September 30, 2010, the total notional amount of reference assets of sponsored ABCP programs was approx. 350 billion yen. Most of the reference assets are high-grade claims of corporate clients and do not include subprime loan related assets.
	In addition, regarding the exposure of liquidity and credit supports, we conduct self-assessment, making provisions and write-offs properly.

(Billions of yen)

Types of reference assets
		September 30, 2010												March 31, 2010						Support for programs
		Notional amount of reference assets					Overseas					Reserve for possible loan losses		Notional amount of reference assets		Overseas		Reserve for possible loan losses		Liquidity support	Credit support
				Change from Mar. 31, 2010					Change from Mar. 31, 2010
	Claims on corporations		321.4		(146.4	)		88.2		(16.9	)		-		467.8		105.1		-	yes	yes
	Claims on financial institutions		14.3		(3.4	)		14.3		(3.4	)		-		17.7		17.7		-	yes	yes
	Retail loan claims		16.4		0.6			16.4		0.6			-		15.8		15.8		-	yes	yes
	Total		352.1		(149.2	)		118.9		(19.7	)		-		501.3		138.6		-

(Note) Reserves do not include general reserve for possible loan losses against normal borrowers.
(Reference)	In addition, we provide liquidity and credit supports for ABCP programs which are sponsored by other banks.
	Total notional amount of reference assets of such programs are approx. 47 billion yen.

5. Others

We have no securities issued by Structured Investment Vehicles.

- 25 -

(Sumitomo Mitsui Financial Group)

(Reference 3) Financial Statements of SMBC

1. Balance Sheet (Condensed) <SMBC Non-consolidated>

(Millions of yen)

	September 30, 2010 (A)			September 30, 2009 (A)			Change (A-B)			March 31, 2010 (C)			Change (A-C)
Assets
Cash and due from banks		4,371,328			4,860,699			(489,371	)		5,271,989			(900,661	)
Call loans		271,290			258,267			13,023			486,981			(215,691	)
Receivables under resale agreements		42,152			44,199			(2,047	)		45,594			(3,442	)
Receivables under securities borrowing transactions		985,113			1,303,187			(318,074	)		1,703,828			(718,715	)
Bills bought		30,265			41,122			(10,857	)		27,197			3,068
Monetary claims bought		509,735			410,339			99,396			435,027			74,708
Trading assets		4,572,346			4,020,630			551,716			3,670,091			902,255
Money held in trust		10,241			9,177			1,064			10,724			(483	)
Securities		33,436,757			27,659,892			5,776,865			28,536,200			4,900,557
Loans and bills discounted		57,392,444			58,898,698			(1,506,254	)		56,619,058			773,386
Foreign exchanges		866,496			646,550			219,946			743,446			123,050
Other assets		2,308,024			2,664,934			(356,910	)		1,823,647			484,377
Tangible fixed assets		706,656			706,900			(244	)		705,036			1,620
Intangible fixed assets		131,262			129,819			1,443			133,323			(2,061	)
Deferred tax assets		435,749			517,755			(82,006	)		456,556			(20,807	)
Customers’ liabilities for acceptances and guarantees		3,514,376			3,639,618			(125,242	)		3,625,868			(111,492	)
Reserve for possible loan losses		(747,064	)		(780,014	)		32,950			(758,178	)		11,114
Reserve for possible losses on investments		(12,919	)		(2,300	)		(10,619	)			-		(12,919	)
Total assets		108,824,258			105,029,480			3,794,778			103,536,394			5,287,864
Liabilities
Deposits		70,257,529			68,846,649			1,410,880			70,457,266			(199,737	)
Negotiable certificates of deposit		9,201,391			8,455,041			746,350			7,173,373			2,028,018
Call money		1,841,321			2,745,552			(904,231	)		1,554,374			286,947
Payables under repurchase agreements		910,690			1,058,696			(148,006	)		492,311			418,379
Payables under securities lending transactions		2,602,018			2,925,047			(323,029	)		3,407,301			(805,283	)
Commercial paper		351,205				-		351,205			310,787			40,418
Trading liabilities		3,774,112			2,813,822			960,290			2,909,131			864,981
Borrowed money		3,121,630			3,854,764			(733,134	)		2,747,767			373,863
Foreign exchanges		280,184			231,652			48,532			214,526			65,658
Short-term bonds		41,999			198,164			(156,165	)		164,678			(122,679	)
Bonds		3,336,711			3,443,196			(106,485	)		3,245,992			90,719
Due to trust account		187,298			111,667			75,631			159,554			27,744
Other liabilities		3,721,975			2,299,125			1,422,850			1,600,879			2,121,096
Reserve for employee bonuses		9,902			9,688			214			10,207			(305	)
Reserve for executive bonuses			-			-			-		426			(426	)
Reserve for executive retirement benefits			-		4,842			(4,842	)		5,147			(5,147	)
Reserve for point service program		1,300			1,171			129			1,862			(562	)
Reserve for reimbursement of deposits		8,610			8,532			78			10,634			(2,024	)
Reserve under the special law			-		0			(0	)			-			-
Deferred tax liabilities for land revaluation		46,335			46,533			(198	)		46,352			(17	)
Acceptances and guarantees		3,514,376			3,639,618			(125,242	)		3,625,868			(111,492	)
Total liabilities		103,208,594			100,693,766			2,514,828			98,138,445			5,070,149
Net assets
Capital stock		1,770,996			1,262,959			508,037			1,770,996				-
Capital surplus		2,473,558			1,965,521			508,037			2,473,558				-
Capital reserve		1,771,043			1,263,006			508,037			1,771,043				-
Other capital surplus		702,514			702,514				-		702,514				-
Retained earnings		993,006			592,342			400,664			704,485			288,521
Other retained earnings		993,006			592,342			400,664			704,485			288,521
Reserve for losses on overseas investments		0			0			(0	)		0				-
Voluntary reserve for retirement allowances		1,656			1,656				-		1,656				-
Voluntary reserve		219,845			219,845				-		219,845				-
Retained earnings brought forward		771,505			370,840			400,665			482,983			288,522
Total stockholders’ equity		5,237,561			3,820,822			1,416,739			4,949,040			288,521
Net unrealized gains (losses) on other securities		208,756			413,290			(204,534	)		379,353			(170,597	)
Net deferred gains (losses) on hedges		147,834			79,921			67,913			48,020			99,814
Land revaluation excess		21,511			21,679			(168	)		21,535			(24	)
Total valuation and translation adjustments		378,102			514,891			(136,789	)		448,909			(70,807	)
Total net assets		5,615,664			4,335,714			1,279,950			5,397,949			217,715
Total liabilities and net assets		108,824,258			105,029,480			3,794,778			103,536,394			5,287,864

(Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)

2. Income Statement (Condensed) <SMBC Non-consolidated>

(Millions of yen)

	Six months		Six months		Change (A-B)			FY3/2010
	ended Sep. 30,		ended Sep. 30,
	2010 (A)		2009 (B)
Ordinary income		1,174,649		1,077,432		97,217			2,080,536
Interest income		644,005		706,355		(62,350	)		1,380,280
Interest on loans and discounts		485,030		549,857		(64,827	)		1,062,893
Interest and dividends on securities		128,763		122,723		6,040			229,411
Trust fees		1,025		518		507			1,736
Fees and commissions		211,621		196,019		15,602			412,960
Trading income		135,177		107,525		27,652			115,356
Other operating income		174,399		59,020		115,379			85,788
Other income		8,420		7,992		428			84,413
Ordinary expenses		781,696		930,342		(148,646	)		1,617,786
Interest expenses		155,774		188,584		(32,810	)		333,919
Interest on deposits		42,676		62,968		(20,292	)		111,844
Fees and commissions payments		71,940		65,318		6,622			126,246
Trading losses		-		-		-			-
Other operating expenses		99,937		96,199		3,738			80,703
General and administrative expenses		364,930		366,698		(1,768	)		735,181
Other expenses		89,114		213,541		(124,427	)		341,735
Ordinary profit		392,952		147,089		245,863			462,749
Extraordinary gains		562		385		177			7,241
Extraordinary losses		3,488		2,368		1,120			15,240
Income before income taxes		390,026		145,106		244,920			454,750
Income taxes-current		19,862		21,637		(1,775	)		44,997
Income taxes-deferred		18,963		10,839		8,124			91,757
Total income taxes		38,826		32,477		6,349			136,755
Net income		351,199		112,628		238,571			317,995

 (Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)

3. Statement of Changes in Net Assets <SMBC Non-consolidated>

      Six months ended September 30, 2010      (Millions of yen)

			Capital stock			Capital surplus						Retained earnings												Total stockholders’ equity
							Capital reserve		Other capital surplus			Other retained earnings
													Reserve for losses on overseas investments			Voluntary reserve for retirement allowances			Voluntary reserve		Retained earnings brought forward
	Balance at March 31, 2010			1,770,996				1,771,043		702,514				0			1,656			219,845		482,983			4,949,040
	Changes in the six months
	Cash dividends																					(62,702	)		(62,702	)
	Net income																					351,199			351,199
	Transfer from land revaluation excess																					23			23
	Net changes in the items other than stockholders’ equity in the six months
	Net changes in the six months			-				-		-				-			-			-		288,521			288,521
	Balance at September 30, 2010			1,770,996				1,771,043		702,514				0			1,656			219,845		771,505			5,237,561
(Millions of yen)
		Valuation and translation adjustments
			Net unrealized gains on other    securities				Net deferred gains (losses) on hedges		Land revaluation excess				Total valuation and translation adjustments			Total net assets
	Balance at March 31, 2010			379,353				48,020		21,535				448,909			5,397,949
	Changes in the six months
	Cash dividends																(62,702	)
	Net income																351,199
	Transfer from land revaluation excess																23
	Net changes in the items other than stockholders’ equity in the six months			(170,596	)			99,814		(23	)			(70,806	)		(70,806	)
	Net changes in the six months			(170,596	)			99,814		(23	)			(70,806	)		217,714
	Balance at September 30, 2010			208,756				147,834		21,511				378,102			5,615,664

 (Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)

3. Statement of Changes in Net Assets <SMBC Non-consolidated>

      Six months ended September 30, 2009        (Millions of yen)

					Capital surplus					Retained earnings
						Capital reserve				Other retained earnings
		Capital						Other			Reserve for		Voluntary					Retained			Total
		stock						capital			losses on		reserve for			Voluntary		earnings			stockholders’
								surplus			overseas		retirement			reserve		brought			equity
											investments		allowances					forward
Balance at March 31, 2009			664,986				665,033		702,514			0		1,656			219,845		278,165			2,532,201
Changes in the six months
Issuance of new shares			597,972				597,972															1,195,945
Cash dividends																			(19,947	)		(19,947	)
Net income																			112,628			112,628
Transfer from land revaluation excess																			(5	)		(5	)
Net changes in the items other than stockholders’ equity in the six months
Net changes in the six months			597,972				597,972		-			-		-			-		92,675			1,288,621
Balance at September 30, 2009			1,262,959				1,263,006		702,514			0		1,656			219,845		370,840			3,820,822
											(Millions of yen)
	Valuation and translation adjustments
		Net				Net					Total
		unrealized				deferred		Land			valuation		Total net
		gains on				gains		revaluation			and		assets
		other				(losses) on		excess			translation
		securities				hedges					adjustments
Balance at March 31, 2009			(52,741	)			45,359		21,673			14,291		2,546,493
Changes in the six months
Issuance of new shares														1,195,945
Cash dividends														(19,947	)
Net income														112,628
Transfer from land revaluation excess														(5	)
Net changes in the items other than stockholders’ equity in the six months			466,032				34,562		5			500,599		500,599
Net changes in the six months			466,032				34,562		5			500,599		1,789,220
Balance at September 30, 2009			413,290				79,921		21,679			514,891		4,335,714

     (Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)

3. Statement of Changes in Net Assets <SMBC Non-consolidated>

      Year ended March 31, 2010 (Millions of yen)

					Capital surplus						Retained earnings
											Other retained earnings
		Capital				Capital		Other				Reserve for			Voluntary					Retained			Total
		stock				reserve		capital				losses on			reserve for			Voluntary		earnings			stockholders’
								surplus				overseas			retirement			reserve		brought			equity
												investments			allowances					forward
Balance at March 31, 2009			664,986				665,033		702,514				0			1,656			219,845		278,165			2,532,201
Changes in FY3/2010
Issuance of new shares			1,106,010				1,106,010																	2,212,020
Transfer from reserve for losses on overseas investments													(0	)							0			-
Cash dividends																					(113,314	)		(113,314	)
Net income																					317,995			317,995
Transfer from land revaluation excess																					137			137
Net changes in the items other than stockholders’ equity in FY3/2010
Net changes in the year			1,106,010				1,106,010		-				(0	)		-			-		204,818			2,416,838
Balance at March 31, 2010			1,770,996				1,771,043		702,514				0			1,656			219,845		482,983			4,949,040
												(Millions of yen)
	Valuation and translation adjustments
		Net				Net		Land revaluation excess				Total
		unrealized				deferred						valuation			Total net
		gains on				gains						and			assets
		other				(losses) on						translation
		securities				hedges						adjustments
Balance at March 31, 2009			(52,741	)			45,359		21,673				14,291			2,546,493
Changes in FY3/2010
Issuance of new shares																2,212,020
Transfer from reserve for losses on overseas investments																-
Cash dividends																(113,314	)
Net income																317,995
Transfer from land revaluation excess																137
Net changes in the items other than stockholders’ equity in FY3/2010			432,095				2,660		(137	)			434,617			434,617
Net changes in the year			432,095				2,660		(137	)			434,617			2,851,456
Balance at March 31, 2010			379,353				48,020		21,535				448,909			5,397,949

     (Note) Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

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(Sumitomo Mitsui Financial Group)

4. Market Value Information on Securities <SMBC Non-consolidated>

[1] Securities

In addition to “Securities” stated in the non-consolidated balance sheet, negotiable certificates of deposit classified as
“Cash and due from banks” and beneficiary claims on loan trust classified as “Monetary claims bought” are included in
the amounts below.

(1) Bonds classified as held-to-maturity

	(Millions of yen)
				Sep. 30, 2010
			Type	Balance sheet		Fair value		Net unrealized
				amount				gains (losses)
	Bonds whose fair value is above the balance sheet amount	Japanese government bonds			3,230,628		3,307,142		76,514
		Japanese local government bonds			93,462		96,805		3,342
		Japanese corporate bonds			214,806		221,991		7,185
		Subtotal			3,538,897		3,625,939		87,041
	Bonds whose fair value is below the balance sheet amount	Japanese government bonds			-		-		-
		Japanese local government bonds			-		-		-
		Japanese corporate bonds			-		-		-
		Subtotal			-		-		-
			Total		3,538,897		3,625,939		87,041
(2) Investments in subsidiaries and affiliates
	(Millions of yen)
				Sep. 30, 2010
				Balance sheet		Fair value		Net unrealized
				amount				gains (losses)
Stocks of subsidiaries					61,661		49,882		(11,778	)
Stocks of affiliates					48,135		28,345		(19,790	)
Total					109,797		78,227		(31,569	)

(Note) Stocks of subsidiaries and affiliates whose fair value is extremely difficult to obtain.

(Millions of yen)
	Balance sheet
	amount
Stocks of subsidiaries		1,910,758
Stocks of affiliates		106,779
Others		43,036
Total		2,060,574

These amounts are not included in “Investments of subsidiaries and affiliates” shown above since there are no market prices
and it is extremely difficult to determine their fair values.

(3) Other securities

				(Millions of yen)
			Sep. 30, 2010
	Type			Balance sheet		Acquisition cost		Net unrealized
				amount				gains (losses)
Securities whose balance sheet amount is above the acquisition cost	Stocks				1,210,318		829,734		380,584
	Bonds				15,559,544		15,437,675		121,869
		Japanese government bonds			12,735,111		12,685,039		50,071
		Japanese local government bonds			213,138		210,398		2,739
		Japanese corporate bonds			2,611,294		2,542,236		69,057
	Others				4,333,866		4,236,947		96,918
	Subtotal				21,103,729		20,504,356		599,372
Securities whose balance sheet amount is below the acquisition cost	Stocks				877,023		1,119,913		(242,889	)
	Bonds				4,286,947		4,290,569		(3,621	)
		Japanese government bonds			4,041,034		4,041,396		(362	)
		Japanese local government bonds			1,621		1,621		(0	)
		Japanese corporate bonds			244,291		247,550		(3,258	)
	Others				1,334,822		1,374,913		(40,091	)
	Subtotal				6,498,792		6,785,396		(286,603	)
		Total			27,602,522		27,289,753		312,769

(Note) 1.	Net unrealized gains (losses) on other securities shown above include losses of 968 million yen that are recognized in the earnings by applying fair value hedge accounting.
2.	Securities whose fair value is extremely difficult to determine.

	(Millions of yen)
	Balance sheet
	amount
Stocks		209,553
Others		327,079
Total		536,613

These amounts are not included in “Other securities” shown above since there are no market prices and it is extremely difficult
to determine their fair values.

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(Sumitomo Mitsui Financial Group)

(4) Write-down of securities

Other securities with fair value are considered as impaired if the fair value decreases materially below the acquisition cost, and such decline is not considered recoverable. The fair value is recognized as the balance sheet amount and the amount of write-down is accounted for as valuation loss for this period. Valuation loss for this period is 9,598 million yen. The rule for determining “material decline” is as follows and is based on the classification of issuers under the rules of self-assessment of assets.

Bankrupt/ Effectively bankrupt/ Potentially bankrupt issuers	Fair value is lower than acquisition cost.
Issuers requiring caution	Fair value is 30% or more lower than acquisition cost.
Normal issuers	Fair value is 50% or more lower than acquisition cost.

Bankrupt issuers: Issuers that are legally bankrupt or formally declared bankrupt
Effectively bankrupt issuers: Issuers that are not legally bankrupt but regarded as substantially bankrupt
Potentially bankrupt issuers: Issuers that are not currently bankrupt but perceived to have a high risk of falling into bankruptcy
Issuers requiring caution: Issuers that are identified for close monitoring
Normal issuers: Issuers other than the above four categories of issuers

[2] Money held in trust

Other money held in trust (Other than classified as trading or held-to-maturity purpose)

(Millions of yen) 

	September 30, 2010
	Balance sheet amount		Acquisition cost		Net unrealized gains (losses)		of which whose balance sheet amount is above the acquisition cost		of which whose balance sheet amount is below the acquisition cost
Other money held in trust		8,802		8,886		(83)		-		(83)

5. Statements of Trust Assets and Liabilities <SMBC Non-consolidated>

(Millions of yen) 

	September 30, 2010 (A)		September 30, 2009 (B)		Change (A-B)			March 31, 2010 (C)		Change (A-C)
Loans and bills discounted		222,090		221,900		190			221,970		120
Securities		418,381		357,836		60,545			457,585		(39,204	)
Securities held in custody accounts		3,069		3,126		(57	)		3,070		(1	)
Monetary claims		506,567		387,698		118,869			465,734		40,833
Tangible fixed assets		25		35		(10	)		19		6
Intangible fixed assets		15		32		(17	)		8		7
Other claims		2,275		3,310		(1,035	)		2,918		(643	)
Call loans		94,352		30,647		63,705			52,302		42,050
Due from banking account		187,298		111,667		75,631			159,554		27,744
Cash and due from banks		38,569		31,117		7,452			40,072		(1,503	)
Total assets		1,472,645		1,147,370		325,275			1,403,236		69,409
Designated money trusts		582,171		377,940		204,231			537,388		44,783
Specified money trusts		148,154		145,056		3,098			163,750		(15,596	)
Money in trusts other than money trusts		220,018		220,012		6			220,008		10
Security trusts		3,226		3,138		88			3,082		144
Monetary claims trusts		500,596		378,002		122,594			458,273		42,323
Equipment trusts		55		81		(26	)		51		4
Composite trusts		18,422		23,117		(4,695	)		20,681		(2,259	)
Other trusts		-		21		(21	)		-		-
Total liabilities		1,472,645		1,147,370		325,275			1,403,236		69,409

(Notes) 1.	Amounts less than 1 million yen are rounded down.
2.	SMBC has no co-operative trusts under other trust bank’s administration.
3.	SMBC does not handle any trusts with principal indemnification.
4.	Balance of self-declaration of trust, which is not included in the table above, was 32,500 million yen on September 30, 2010 and 8,000 million yen on March 31, 2010. We had no balance of self-declaration of trust on September 30, 2009.

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