6-K 1 d661513d6k.htm FORM 6-K Form 6-K
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of November 2017

Commission File Number 001-34919

SUMITOMO MITSUI FINANCIAL GROUP, INC.

(Translation of registrant’s name into English)

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

    Form 20-F  ☒    Form 40-F ☐

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

    ☐   

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

    ☐   

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

    Yes  ☐    No  ☒

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

    82-                   

 

THIS REPORT ON FORM 6-K SHALL BE DEEMED TO BE INCORPORATED BY REFERENCE INTO THE PROSPECTUS FORMING A PART OF SUMITOMO MITSUI FINANCIAL GROUP, INC.’S REGISTRATION STATEMENT ON FORM F-3 (FILE NO. 333-209069) AND TO BE A PART OF SUCH PROSPECTUS FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED, EXCEPT FOR THE STATEMENTS REGARDING OUR EARNINGS FORECAST UNDER THE CAPTION “3. EARNINGS FORECAST ON A CONSOLIDATED BASIS (FOR THE FISCAL YEAR ENDING MARCH 31, 2018).”

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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/ Takeshi Mikami

  Name:   Takeshi Mikami
  Title:   Executive Officer & General Manager, Financial Accounting Dept.

Date:      November 14, 2017

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LOGO

 

  

Sumitomo Mitsui Financial Group, Inc. (SMFG)

Consolidated Financial Results for the Six Months Ended September 30, 2017

<Under Japanese GAAP>

  

November 14, 2017

 

LOGO

Head Office: 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan

Stock Exchange Listings: Tokyo Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange

URL: http://www.smfg.co.jp/english/

President and Group Chief Executive Officer: Takeshi Kunibe

Quarterly Securities Report (Shihanki hokokusho) issuing date: November 29, 2017

Dividend payment date: December 1, 2017

Investors meeting presentation for quarterly financial results: Scheduled

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

  1. Consolidated financial results (for the six months ended September 30, 2017)

   (1) Operating results

    (Millions of yen, except per share data and percentages)
     Ordinary income   Ordinary profit   Profit attributable to
owners of parent

Six months ended September 30, 2017

   ¥ 2,746,944     14.4%     ¥ 615,548     19.7%    ¥ 420,195     17.0%
             

Six months ended September 30, 2016

   2,402,177     0.6        514,251     (18.6)      359,198     (7.5)  
  Notes:  

1.

  

Comprehensive income:

   

(a) for the six months ended September 30, 2017: ¥608,185 million  [418.2%]

   

(b) for the six months ended September 30, 2016: ¥117,370 million  [27.9%]

 

2.

  

Percentages shown in ordinary income, ordinary profit, profit attributable to owners of parent and comprehensive income are the increase (decrease) from the same period in the previous fiscal year.

 

     Earnings per share  

Earnings per share

(Diluted)

             

Six months ended September 30, 2017

         ¥ 297.94       ¥ 297.71    
     

Six months ended September 30, 2016

              262.72              262.53      

  (2) Financial position

    (Millions of yen, except percentages)
     Total assets       Net assets         Net Assets ratio

September 30, 2017

   ¥ 204,302,493   ¥ 11,701,301                   5.0% 
     

March 31, 2017

        197,791,611          11,234,286                     4.9     
  Notes:  

1.

  

Stockholders’ equity:

   

(a) as of September 30, 2017: ¥10,172,517 million          (b) as of March 31, 2017: ¥9,731,538 million

 

2.

  

Net assets ratio = {(Net assets – stock acquisition rights – non-controlling interests) / total assets} X 100

  2. Dividends on common stock per share

(Yen)

     Cash dividends per share
         1st quarter             2nd quarter             3rd quarter             4th quarter           Annual    

Fiscal year ended March 31, 2017

   ¥    —        ¥ 75           ¥    —          ¥ 75             ¥ 150        

Fiscal year ending March 31, 2018

   —        80                    

Fiscal year ending March 31, 2018 (Forecast)

           —            80               160        
  Note:  

Dividend forecast remains unchanged.

  3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2018)

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

     Profit attributable to owners of parent   Earnings per share

Fiscal year ending March 31, 2018

   ¥630,000     (10.8)%     ¥ 446.63
Notes:  

1.

  

Earnings forecast remains unchanged.

 

2.

  

Percentage shown in profit attributable to owners of parent is the increase (decrease) from the previous fiscal year.

 

3.

  

Forecasted earnings per share is calculated by dividing forecasted profit attributable to owners of parent by the number of issued common stocks (excluding treasury stocks) as of September 30, 2017.

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* Notes

(1) There were no changes in material consolidated subsidiaries in the period.

(2) Changes in accounting policies, changes in accounting estimates and restatements

 

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

   

: No

   

     (b) Changes in accounting policies due to reasons other than above (a)

   

: No

   

     (c) Changes in accounting estimates

   

: No

   

     (d) Restatements

   

: No

   

(3) Number of shares issued (common stock)

 

           As of September 30, 2017                           As of March 31, 2017            

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

      1,414,443,390 shares                 1,414,055,625 shares        

    (b) Number of treasury stocks

      3,889,894 shares                 4,028,883 shares        
         Six months ended September 30, 2017                   Six months ended September 30, 2016      

    (c) Average number of shares issued in the period

      1,410,334,296 shares                 1,367,221,279 shares        

(Summary of financial information on a non-consolidated basis)

Non-consolidated financial results (for the six months ended September 30, 2017)

 

 (1) Operating results

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

 

          Operating income          Operating profit      Ordinary profit      Net income      Earnings
per share		  
                   

Six months ended

                             
                   

  September 30, 2017

      ¥113,355        (57.6)%        ¥    53,883        (77.2)%        ¥    48,635        (78.9)%        ¥    52,077        (77.4)%        ¥    36.93      
                   

  September 30, 2016

 

     

 

 267,153

 

  

 

     

 

 (27.4)   

 

  

 

     

 

 236,707

 

  

 

     

 

 (32.4)   

 

  

 

     

 

 230,433

 

  

 

     

 

 (33.0)   

 

  

 

     

 

 230,431

 

  

 

     

 

 (33.0)   

 

  

 

     

 

 163.42    

 

  

 

 

Note:

Percentages shown in operating income, operating profit, ordinary profit and net income are the increase (decrease) from the same period in the previous fiscal year.

 

 (2) Financial position

 

   (Millions of yen, except percentages)  
    

 

Total assets

  

 

Net assets

  

 

Net assets ratio

 

September 30, 2017

  

 

¥  11,259,571  

  

 

¥  5,460,784   

  

 

    48.5 %

     

March 31, 2017

 

  

  10,457,139

 

  

    5,512,680   

 

  

    52.7    

 

 

Note:

Stockholders’ equity:

 

    

(a) as of September 30, 2017: ¥5,457,884 million     (b) as of March 31, 2017: ¥5,509,473 million

Note on interim audit procedures:

This report is out of the scope of the interim audit procedures.

 

This document contains “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of Sumitomo Mitsui Financial Group, Inc. (“SMFG”) and its management with respect to SMFG’s future financial condition and results of operations. In many cases but not all, these statements contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “probability,” “risk,” “project,” “should,” “seek,” “target,” “will” and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; declines in the value of SMFG’s securities portfolio; incurrence of significant credit-related costs; SMFG’s ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; and exposure to new risks as SMFG expands the scope of its business. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. SMFG undertakes no obligation to update or revise any forward-looking statements. Please refer to SMFG’s most recent disclosure documents such as its annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as its earnings press releases, for a more detailed description of the risks and uncertainties that may affect its financial conditions, its operating results, and investors’ decisions.

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Sumitomo Mitsui Financial Group, Inc.

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Consolidated financial statements

     2  

            (1)

      Consolidated balance sheets      2  

(2)

      Consolidated statements of income and consolidated statements of comprehensive income      3  

(3)

      Consolidated statements of changes in net assets      4  

(4)

      Note on going concern      6  

Appendix: Financial results for the six months ended September 30, 2017 supplementary information

 

- 1 -

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Sumitomo Mitsui Financial Group, Inc.

 

1. Consolidated financial statements

    (1) Consolidated balance sheets

                                                                 
     Millions of yen  
       March 31, 2017        September 30, 2017  

 

     

 

 

  

Assets:

      

Cash and due from banks

      ¥ 46,865,538          ¥ 49,333,064    

Call loans and bills bought

      1,872,144          1,952,757    

Receivables under resale agreements

      899,897          1,198,627    

Receivables under securities borrowing transactions

      8,760,390          9,589,363    

Monetary claims bought

      4,420,377          4,667,042    

Trading assets

      6,755,428          6,235,885    

Money held in trust

      3,439          2,544    

Securities

      24,631,792          24,426,107    

Loans and bills discounted

      80,237,322          81,162,078    

Foreign exchanges

      1,723,867          2,506,683    

Lease receivables and investment assets

      2,395,597          2,374,127    

Other assets

      7,355,845          8,051,523    

Tangible fixed assets

      3,101,642          3,574,624    

Intangible fixed assets

      946,506          926,137    

Net defined benefit asset

      314,922          329,413    

Deferred tax assets

      63,001          55,253    

Customers’ liabilities for acceptances and guarantees

      8,090,111          8,525,224    

Reserve for possible loan losses

      (646,215)         (607,966)   
  

 

 

     

 

 

  

Total assets

      ¥ 197,791,611          ¥ 204,302,493    
  

 

 

     

 

 

  

Liabilities:

      

Deposits

      ¥ 117,830,210          ¥ 119,938,693    

Negotiable certificates of deposit

      11,880,937          12,896,156    

Call money and bills sold

      2,088,019          1,890,031    

Payables under repurchase agreements

      2,715,752          3,794,797    

Payables under securities lending transactions

      7,444,655          9,344,314    

Commercial paper

      2,311,542          2,333,488    

Trading liabilities

      4,704,931          4,639,549    

Borrowed money

      10,786,713          10,696,045    

Foreign exchanges

      683,252          1,126,460    

Short-term bonds

      1,125,600          1,190,100    

Bonds

      8,129,232          8,578,207    

Due to trust account

      1,180,976          1,215,144    

Other liabilities

      6,880,273          5,695,922    

Reserve for employee bonuses

      77,375          57,785    

Reserve for executive bonuses

      3,045          –    

Net defined benefit liability

      59,110          57,352    

Reserve for executive retirement benefits

      2,347          2,175    

Reserve for point service program

      21,744          22,394    

Reserve for reimbursement of deposits

      15,464          8,721    

Reserve for losses on interest repayment

      156,775          119,204    

Reserve under the special laws

      1,745          2,037    

Deferred tax liabilities

      335,908          436,139    

Deferred tax liabilities for land revaluation

      31,596          31,244    

Acceptances and guarantees

      8,090,111          8,525,224    
  

 

 

     

 

 

  

Total liabilities

      186,557,325          192,601,191    
  

 

 

     

 

 

  

Net assets:

      

Capital stock

      2,337,895          2,338,743    

Capital surplus

      757,346          758,193    

Retained earnings

      5,036,756          5,351,360    

Treasury stock

      (12,913)         (12,480)   
  

 

 

     

 

 

  

Total stockholders’ equity

      8,119,085          8,435,817    
  

 

 

     

 

 

  

Net unrealized gains (losses) on other securities

      1,542,308          1,687,457    

Net deferred gains (losses) on hedges

      (42,077)         (45,882)   

Land revaluation excess

      38,109          37,650    

Foreign currency translation adjustments

      65,078          41,074    

Accumulated remeasurements of defined benefit plans

      9,034          16,400    
  

 

 

     

 

 

  

Total accumulated other comprehensive income

      1,612,453          1,736,699    
  

 

 

     

 

 

  

Stock acquisition rights

      3,482          3,192    

Non-controlling interests

      1,499,264          1,525,591    
  

 

 

     

 

 

  

Total net assets

      11,234,286          11,701,301    
  

 

 

     

 

 

  

Total liabilities and net assets

      ¥       197,791,611          ¥       204,302,493    
  

 

 

     

 

 

  

 

- 2 -

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Sumitomo Mitsui Financial Group, Inc.

 

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

    (Consolidated statements of income)

 

     Millions of yen  
Six months ended September 30    2016         2017  

Ordinary income

     ¥         2,402,177        ¥         2,746,944  

Interest income

      906,411         1,076,610  

Interest on loans and discounts

      659,224         737,193  

Interest and dividends on securities

      127,564         177,193  

Trust fees

      1,671         1,879  

Fees and commissions

      550,919         583,788  

Trading income

      122,394         130,730  

Other operating income

      741,420         842,312  

Other income

      79,360         111,624  

Ordinary expenses

      1,887,926         2,131,395  

Interest expenses

      245,838         368,501  

Interest on deposits

      78,391         134,849  

Fees and commissions payments

      86,845         99,189  

Trading losses

      —         101  

Other operating expenses

      572,679         701,758  

General and administrative expenses

      882,029         894,633  

Other expenses

      100,532         67,212  

Ordinary profit

      514,251         615,548  

Extraordinary gains

      29,533         619  

Extraordinary losses

      2,719         4,148  

Income before income taxes

      541,066         612,020  

Income taxes-current

      110,289         101,526  

Income taxes-deferred

      23,048         39,297  

Income taxes

      133,338         140,824  

Profit

      407,727         471,195  

Profit attributable to non-controlling interests

      48,529         51,000  

Profit attributable to owners of parent

     ¥ 359,198        ¥ 420,195  
                  
    (Consolidated statements of comprehensive income)       
     Millions of yen  
Six months ended September 30    2016         2017  

Profit

     ¥         407,727        ¥ 471,195  

Other comprehensive income

      (290,357 )        136,989  

Net unrealized gains (losses) on other securities

      (97,547 )        152,001  

Net deferred gains (losses) on hedges

      24,997         (4,152 ) 

Land revaluation excess

      (0 )        –  

Foreign currency translation adjustments

      (219,156 )        (11,604 ) 

Remeasurements of defined benefit plans

      19,839         7,512  

Share of other comprehensive income of affiliates

      (18,489 )        (6,768 ) 

Total comprehensive income

      117,370         608,185  

Comprehensive income attributable to owners of parent

      111,920         544,901  

Comprehensive income attributable to non-controlling interests

      5,450         63,284  

 

- 3 -

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Sumitomo Mitsui Financial Group, Inc.

 

(3) Consolidated statements of changes in net assets

 

    Millions of yen        
    Stockholders’ equity        
Six months ended September 30, 2016  

Capital

stock

    

Capital

surplus

    

Retained

earnings

    

Treasury

stock

     Total        

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the beginning of the period

    ¥ 2,337,895        ¥ 757,306        ¥ 4,534,472        ¥ (175,381)       ¥   7,454,294      

Changes in the period

            

  Cash dividends

         (102,541)          (102,541)     

  Profit attributable to owners of parent

         359,198           359,198      

  Purchase of treasury stock

           (29)        (29)     

  Disposal of treasury stock

       (0)          5         5      

  Changes in shareholders’ interest due to transaction with non-controlling interests

       (4)            (4)     

  Increase due to increase in subsidiaries

         2           2      

  Increase due to decrease in subsidiaries

         7           7      

  Decrease due to increase in subsidiaries

         (9)          (9)     

  Decrease due to decrease in subsidiaries

         (0)          (0)     

  Reversal of land revaluation excess

         5           5      

  Net changes in items other than stockholders’ equity in the period

            
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Net changes in the period

     –         (4)        256,662         (23)        256,634      
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the end of the period

    ¥ 2,337,895        ¥ 757,301        ¥ 4,791,135        ¥ (175,404)       ¥   7,710,928      
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
    Millions of yen  
    Accumulated other comprehensive income  
Six months ended September 30, 2016  

Net unrealized
gains (losses)
on other

securities

     Net deferred
gains (losses)
on hedges		     Land
revaluation
excess		     Foreign
currency
translation
adjustments		     Accumulated
remeasurements
of defined
benefit plans		     Total  

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at the beginning of the period

    ¥ 1,347,689        ¥ 55,130       ¥ 39,416        ¥      87,042        ¥ (69,811)       ¥   1,459,467    

Changes in the period

            

  Cash dividends

            

  Profit attributable to owners of parent

            

  Purchase of treasury stock

            

  Disposal of treasury stock

            

  Changes in shareholders’ interest due to transaction with non-controlling interests

            

  Increase due to increase in subsidiaries

            

  Increase due to decrease in subsidiaries

            

  Decrease due to increase in subsidiaries

            

  Decrease due to decrease in subsidiaries

            

  Reversal of land revaluation excess

            

  Net changes in items other than stockholders’ equity in the period

     (97,722)        25,486         (6)        (194,055)        19,014         (247,283)   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net changes in the period

     (97,722)        25,486         (6)        (194,055)        19,014         (247,283)   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at the end of the period

    ¥ 1,249,967        ¥ 80,617        ¥ 39,410        ¥ (107,012)       ¥ (50,797)       ¥ 1,212,184    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
    Millions of yen                    
Six months ended September 30, 2016   Stock
acquisition
rights		    

Non-

controlling
interests

     Total
net assets		                    

 

    

 

 

    

 

 

        

Balance at the beginning of the period

    ¥ 2,884        ¥ 1,531,022        ¥ 10,447,669          

Changes in the period

            

  Cash dividends

         (102,541)         

  Profit attributable to owners of parent

         359,198          

  Purchase of treasury stock

         (29)         

  Disposal of treasury stock

         5          

  Changes in shareholders’ interest due to transaction with non-controlling interests

         (4)         

  Increase due to increase in subsidiaries

         2          

  Increase due to decrease in subsidiaries

         7          

  Decrease due to increase in subsidiaries

         (9)         

  Decrease due to decrease in subsidiaries

         (0)         

  Reversal of land revaluation excess

         5          

  Net changes in items other than stockholders’ equity in the period

     306         (15,363)        (262,340)         
 

 

 

    

 

 

    

 

 

        

Net changes in the period

     306         (15,363)        (5,706)         
 

 

 

    

 

 

    

 

 

        

Balance at the end of the period

    ¥ 3,190        ¥ 1,515,659        ¥   10,441,962          
 

 

 

    

 

 

    

 

 

        

 

- 4 -

Table of Contents

Sumitomo Mitsui Financial Group, Inc.

(Continued)

 

    Millions of yen        
    Stockholders’ equity        
Six months ended September 30, 2017  

Capital

stock

    

Capital

surplus

    

Retained

earnings

    

Treasury

stock

     Total        

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the beginning of the period

    ¥     2,337,895        ¥     757,346        ¥     5,036,756        ¥     (12,913)       ¥     8,119,085      

Changes in the period

            

  Issuance of new stock

     847         847             1,695      

  Cash dividends

         (105,752)          (105,752)     

  Profit attributable to owners of parent

         420,195           420,195      

  Purchase of treasury stock

           (53)        (53)     

  Disposal of treasury stock

       (43)          486         443      

  Changes in shareholders’ interest due to transaction with non-controlling interests

       43             43      

  Increase due to increase in subsidiaries

         3           3      

  Increase due to decrease in subsidiaries

         3           3      

  Decrease due to increase in subsidiaries

         (304)          (304)     

  Reversal of land revaluation excess

         459           459      

  Net changes in items other than stockholders’ equity in the period

            
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Net changes in the period

     847         846         314,604         433         316,732      
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

Balance at the end of the period

    ¥     2,338,743        ¥     758,193        ¥     5,351,360        ¥     (12,480)       ¥     8,435,817      
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
    Millions of yen  
    Accumulated other comprehensive income  
Six months ended September 30, 2017  

Net unrealized

gains (losses)

on other

securities

    

Net deferred

gains (losses)

on hedges

    

Land

revaluation

excess

    

Foreign

currency

translation

adjustments

    

Accumulated

remeasurements

of defined

benefit plans

     Total  

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at the beginning of the period

    ¥ 1,542,308        ¥ (42,077)       ¥ 38,109        ¥ 65,078        ¥ 9,034        ¥   1,612,453    

Changes in the period

            

  Issuance of new stock

            

  Cash dividends

            

  Profit attributable to owners of parent

            

  Purchase of treasury stock

            

  Disposal of treasury stock

            

  Changes in shareholders’ interest due to transaction with non-controlling interests

            

  Increase due to increase in subsidiaries

            

  Increase due to decrease in subsidiaries

            

  Decrease due to increase in subsidiaries

            

  Reversal of land revaluation excess

            

  Net changes in items other than stockholders’ equity in the period

     145,148         (3,804)        (459)        (24,003)        7,365         124,246    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net changes in the period

     145,148         (3,804)        (459)        (24,003)        7,365         124,246    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balance at the end of the period

    ¥ 1,687,457        ¥ (45,882)       ¥ 37,650        ¥     41,074        ¥     16,400        ¥   1,736,699    
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
    Millions of yen                    
Six months ended September 30, 2017  

Stock

acquisition

rights

    

Non-

controlling

interests

    

Total

net assets

                    

 

    

 

 

    

 

 

        

Balance at the beginning of the period

    ¥ 3,482        ¥     1,499,264        ¥   11,234,286          

Changes in the period

            

  Issuance of new stock

         1,695          

  Cash dividends

         (105,752)         

  Profit attributable to owners of parent

         420,195          

  Purchase of treasury stock

         (53)         

  Disposal of treasury stock

         443          

  Changes in shareholders’ interest due to transaction with non-controlling interests

         43          

  Increase due to increase in subsidiaries

         3          

  Increase due to decrease in subsidiaries

         3          

  Decrease due to increase in subsidiaries

         (304)         

  Reversal of land revaluation excess

         459          

  Net changes in items other than stockholders’ equity in the period

     (290)        26,327         150,283          
 

 

 

    

 

 

    

 

 

        

Net changes in the period

     (290)        26,327         467,015          
 

 

 

    

 

 

    

 

 

        

Balance at the end of the period

    ¥            3,192        ¥     1,525,591        ¥   11,701,301          
 

 

 

    

 

 

    

 

 

        

 

- 5 -

Table of Contents

Sumitomo Mitsui Financial Group, Inc.

 

(4) Note on going concern

Not applicable.

 

- 6 -