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 May 2020

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-________

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Sumitomo Mitsui Financial Group, Inc.
By:	/s/ Masahiko Tsutsui
	Name:    Masahiko Tsutsui
	Title:      General Manager, Financial Accounting Dept.

Date:    May 15, 2020

Financial Results

Fiscal Year 3/2020

  - Supplementary Information -  

Sumitomo Mitsui Financial Group, Inc.

Table of contents

Page

1.	Income analysis	Consolidated	Non-consolidated	…	1
2.	Interest spread (domestic)		Non-consolidated	…	3
3.	Gains (losses) on securities		Non-consolidated	…	3
4.	Unrealized gains (losses) on securities	Consolidated	Non-consolidated	…	4
5.	Balance of securities, classified by maturity		Non-consolidated	…	5
6.	Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity		Non-consolidated	…	5
7.	Employee retirement benefits	Consolidated	Non-consolidated	…	6
8.	Classification based on self-assessment and the Financial Reconstruction Act, and write-offs / reserves		Non-consolidated	…	7
9.	Risk-monitored loans	Consolidated	Non-consolidated	…	8
10.	Reserve for possible loan losses and reserve ratio	Consolidated	Non-consolidated	…	8
11.	Non-performing loans (NPLs) based on the Financial Reconstruction Act and coverage	Consolidated	Non-consolidated	…	9
12.	Results of off-balancing of NPLs		Non-consolidated	…	10
13.	Loan portfolio, classified by industry		Non-consolidated	…	11
14.	Loan portfolio, classified by country		Non-consolidated	…	13
15.	Balance of deposits and loans		Non-consolidated	…	14
16.	Deferred tax assets and liabilities		Non-consolidated	…	15
17.	Capital ratio (BIS guidelines)	Consolidated	Non-consolidated	…	16
18.	ROE	Consolidated		…	16
19.	Earnings targets and dividends forecast for FY3/2021	Consolidated	Non-consolidated	…	17
Reference: Financial statements of SMBC			Non-consolidated	…	18

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

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 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,” “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 our securities portfolio; our ability to successfully implement our business strategy through our subsidiaries, affiliates and alliance partners; exposure to new risks as we expand the scope of our business; and incurrence of significant credit-related costs. 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. 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 on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as our earnings press releases, for a more detailed description of the risks and uncertainties that may affect our financial conditions and our operating results, and investors’ decisions.

Sumitomo Mitsui Financial Group

 1. Income analysis

Consolidated						(Millions of yen)
				FY3/2020		FY3/2019
					Change
Consolidated gross profit			1	2,768,587	(77,591)	2,846,178
	Net interest income		2	1,276,593	(54,828)	1,331,421
	Trust fees		3	4,701	45	4,656
	Net fees and commissions		4	1,083,350	23,452	1,059,898
	Net trading income		5	262,826	71,455	191,371
	Net other operating income		6	141,114	(117,716)	258,830
General and administrative expenses			7	(1,739,603)	(24,553)	(1,715,050)
Equity in gains (losses) of affiliates			8	56,051	(5,094)	61,145
Consolidated net business profit			9	1,085,034	(107,239)	1,192,273
Total credit cost			10	(170,649)	(60,387)	(110,262)
	Credit costs		11	(183,064)	(56,026)	(127,038)
		Write-off of loans	12	(105,307)	122	(105,429)
		Provision for reserve for possible loan losses	13	(70,571)	(70,571)	-
		Others	14	(7,186)	14,423	(21,609)
	Gains on reversal of reserve for possible loan losses		15	-	(5,729)	5,729
	Recoveries of written-off claims		16	12,414	1,367	11,047
Gains (losses) on stocks			17	80,484	(35,857)	116,341
Other income (expenses)			18	(62,804)	249	(63,053)
Ordinary profit			19	932,064	(203,236)	1,135,300
Extraordinary gains (losses)			20	(43,418)	(31,698)	(11,720)
	Gains (losses) on disposal of fixed assets		21	(54)	3,890	(3,944)
	Losses on impairment of fixed assets		22	(65,106)	(55,496)	(9,610)
	Gains on step acquisitions		23	22,040	19,755	2,285
Income before income taxes			24	888,646	(234,933)	1,123,579
Income taxes - current			25	(213,526)	62,803	(276,329)
Income taxes - deferred			26	45,842	100,937	(55,095)
Profit			27	720,962	(71,193)	792,155
Profit attributable to non-controlling interests			28	(17,078)	48,396	(65,474)
Profit attributable to owners of parent			29	703,883	(22,798)	726,681
Note	1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
	2. Consolidated gross profit = (Interest income - Interest expenses) + Trust fees + (Fees and commissions - Fees and commissions payments)      + (Trading income - Trading losses) + (Other operating income - Other operating expenses)
	Number of consolidated subsidiaries and affiliates
				Mar. 31, 2020		Mar. 31, 2019
					Change
	Consolidated subsidiaries		30	174	1	173
	Equity method affiliates		31	101	(14)	115

- 1 -

Sumitomo Mitsui Financial Group

SMBC non-consolidated						(Millions of yen)
				FY3/2020		FY3/2019
					Change
Gross banking profit			1	1,412,007	16,421	1,395,586
	Gross domestic profit		2	762,693	(86,823)	849,516
		Net interest income	3	561,678	(76,418)	638,096
		Trust fees	4	2,041	(150)	2,191
		Net fees and commissions	5	182,409	(10,950)	193,359
		Net trading income	6	1,114	558	556
		Net other operating income	7	15,449	137	15,312
		Gains (losses) on bonds	8	(2,430)	(8,818)	6,388
	Gross international profit		9	649,314	103,244	546,070
		Net interest income	10	316,413	10,405	306,008
		Net fees and commissions	11	140,917	(7,983)	148,900
		Net trading income	12	110,540	67,894	42,646
		Net other operating income	13	81,442	32,927	48,515
		Gains (losses) on bonds	14	76,634	80,145	(3,511)
Expenses (excluding non-recurring losses)			15	(808,052)	3,481	(811,533)
Overhead ratio			16	57.2%	(1.0%)	58.2%
	Personnel expenses		17	(319,555)	5,601	(325,156)
	Non-personnel expenses		18	(438,282)	(23)	(438,259)
	Taxes		19	(50,214)	(2,097)	(48,117)
Banking profit (before provision for general reserve for possible loan losses)			20	603,955	19,902	584,053
Gains (losses) on bonds			21	74,203	71,326	2,877
	Core Banking Profit (20-21)		22	529,752	(51,424)	581,176
		excluding gains (losses) on cancellation of investment trusts	23	505,785	(29,444)	535,229
Provision for general reserve for possible loan losses			24	(17,214)	(17,214)	-
Banking profit			25	586,741	2,688	584,053
Non-recurring gains (losses)			26	(102,796)	(168,390)	65,594
	Credit costs		27	(32,452)	(6,838)	(25,614)
	Gains on reversal of reserve for possible loan losses		28	-	(27,755)	27,755
	Recoveries of written-off claims		29	22	(11)	33
	Gains (losses) on stocks		30	51,864	(16,109)	67,973
	Other non-recurring gains (losses)		31	(122,231)	(117,679)	(4,552)
Ordinary profit			32	483,944	(165,703)	649,647
Extraordinary gains (losses)			33	(2,966)	3,008	(5,974)
	Gains (losses) on disposal of fixed assets		34	10	1,756	(1,746)
	Losses on impairment of fixed assets		35	(2,977)	1,251	(4,228)
Income before income taxes			36	480,977	(162,695)	643,672
Income taxes - current			37	(156,282)	(19,397)	(136,885)
Income taxes - deferred			38	(7,313)	22,107	(29,420)
Net income			39	317,381	(159,986)	477,367
Total credit cost (24+27+28+29)			40	(49,643)	(51,817)	2,174
	Provision for general reserve for possible loan losses		41	(17,214)	(72,411)	55,197
	Write-off of loans		42	(19,799)	(10,554)	(9,245)
	Provision for specific reserve for possible loan losses		43	(7,717)	20,304	(28,021)
	Losses on sales of delinquent loans		44	(4,934)	11,434	(16,368)
	Provision for loan loss reserve for specific overseas countries		45	(0)	(580)	580
	Recoveries of written-off claims		46	22	(11)	33

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

- 2 -

Sumitomo Mitsui Financial Group

 2. Interest spread (domestic)

SMBC non-consolidated						(%)
			FY3/2020	Six months ended Sep. 30, 2019	Six months ended Mar. 31, 2020	FY3/2019
Yield on interest earning assets (A)			0.83	0.82	0.84	0.97
	Interest earned on loans and bills discounted (C)		0.91	0.91	0.90	0.94
	Interest earned on securities		0.91	0.87	0.95	1.38
Total cost of funding (including expenses) (B)			0.55	0.55	0.55	0.60
	Cost of interest bearing liabilities		0.03	0.03	0.03	0.03
		Interest paid on deposits, etc. (D)	0.00	0.00	0.00	0.00
		Interest paid on other liabilities	0.19	0.19	0.19	0.27
	Expense ratio		0.52	0.52	0.52	0.57
Overall interest spread (A) - (B)			0.28	0.27	0.29	0.37
	Interest spread (C) - (D)		0.91	0.91	0.90	0.94
	Reference: After deducting loans to the Japanese government, etc.
	Interest earned on loans and bills discounted (E)		0.93	0.94	0.92	0.97
	Interest spread (E) - (D)		0.93	0.94	0.92	0.97

 3. Gains (losses) on securities    

SMBC non-consolidated				(Millions of yen)
		FY3/2020		FY3/2019
			Change
Gains (losses) on bonds		74,203	71,326	2,877
	Gains on sales	118,489	79,230	39,259
	Losses on sales	(19,740)	14,041	(33,781)
	Gains on redemption	0	0	0
	Losses on redemption	(24,545)	(21,944)	(2,601)
	Losses on devaluation	-	-	-
Gains (losses) on stocks		51,864	(16,109)	67,973
	Gains on sales	152,438	41,441	110,997
	Losses on sales	(28,596)	(22,268)	(6,328)
	Losses on devaluation	(71,978)	(35,282)	(36,696)

- 3 -

Sumitomo Mitsui Financial Group

 4. Unrealized gains (losses) on securities

Consolidated											(Millions of yen)
					Mar. 31, 2020					Mar. 31, 2019
					Balance sheet  amount	Net unrealized gains (losses)				Balance sheet  amount	Net unrealized gains (losses) (b)
						(a)	(a) - (b)	Gains	Losses
	Held-to-maturity securities			1	282,379	140	(748)	208	67	280,247	888
	Other securities			2	26,649,206	1,892,329	(429,013)	2,093,533	201,204	23,800,542	2,321,342
		Stocks		3	2,736,807	1,269,563	(633,375)	1,334,258	64,694	3,486,628	1,902,938
		Bonds		4	10,067,396	21,517	(38,848)	37,927	16,410	8,983,731	60,365
			Japanese government bonds	5	7,087,934	(7,128)	(30,383)	5,829	12,957	6,234,326	23,255
		Others		6	13,845,002	601,248	243,210	721,347	120,098	11,330,182	358,038
			Foreign bonds	7	11,649,523	255,682	284,059	279,758	24,076	8,990,151	(28,377)
	Other money held in trust			8	353	-	-	-	-	390	-
	Total			9	26,931,938	1,892,469	(429,762)	2,093,741	201,272	24,081,180	2,322,231
		Stocks		10	2,736,807	1,269,563	(633,375)	1,334,258	64,694	3,486,628	1,902,938
		Bonds		11	10,349,775	21,657	(39,597)	38,135	16,478	9,263,978	61,254
		Others		12	13,845,355	601,248	243,210	721,347	120,098	11,330,573	358,038
SMBC non-consolidated											(Millions of yen)
					Mar. 31, 2020					Mar. 31, 2019
					Balance sheet  amount	Net unrealized gains (losses)				Balance sheet  amount	Net unrealized gains (losses) (b)
						(a)	(a) - (b)	Gains	Losses
	Held-to-maturity securities			13	22,300	(66)	(132)	1	67	20,003	66
	Stocks of subsidiaries and affiliates			14	4,182,047	(126,840)	(66,656)	416	127,256	3,723,291	(60,184)
	Other securities			15	23,541,406	1,456,151	(488,664)	1,652,769	196,617	21,249,311	1,944,815
		Stocks		16	2,576,557	1,210,742	(606,278)	1,272,154	61,412	3,299,887	1,817,020
		Bonds		17	9,978,420	21,445	(39,052)	37,855	16,409	8,933,718	60,497
			Japanese government bonds	18	7,083,933	(7,127)	(30,382)	5,829	12,956	6,232,326	23,255
		Others		19	10,986,427	223,964	156,667	342,759	118,795	9,015,705	67,297
			Foreign bonds	20	9,253,087	183,353	211,693	206,730	23,376	7,134,782	(28,340)
	Total			21	27,745,753	1,329,245	(555,452)	1,653,187	323,942	24,992,606	1,884,697
		Stocks		22	3,057,077	1,211,159	(598,112)	1,272,571	61,412	3,814,443	1,809,271
		Bonds		23	10,000,720	21,378	(39,185)	37,856	16,477	8,953,722	60,563
		Others		24	14,687,955	96,707	81,845	342,759	246,052	12,224,440	14,862

Notes	1.	The figures above include negotiable certificates of deposit in “Cash and due from banks” and beneficiary claims on loan trust in “Monetary claims bought.”
	2.	Stocks within Other securities and foreign stocks within Others of Other securities are valuated with the average market price during the final month of the fiscal year.The 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.
		Net unrealized gains (losses) on Other securities include gains (losses) which are recognized in the statements of income by applying fair value hedge accounting and accordingly not recorded directly to Net assets. Losses of 26,403 million yen and losses of 12,277 million yen were recognized in the statements of income for the year ended March 31, 2020 and for the year ended March 31, 2019, respectively.
	4.	Floating-rate Japanese government bonds which SMBC holds 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).

- 4 -

Sumitomo Mitsui Financial Group

 5. Balance of securities, classified by maturity

 Balance of other securities with maturities and bonds of held-to-maturity

SMBC non-consolidated																	(Billions of yen)
		Mar. 31, 2020										Mar. 31, 2019
		1 year or less		More than 1 year to 5 years		More than 5 years to 10 years		More than 10 years		Total		1 year or less		More than 1 year to 5 years		More than 5 years to 10 years		More than 10 years		Total
Bonds			3,550.4		4,044.1		1,411.0		995.2		10,000.7		1,443.4		5,264.5		1,503.4		742.4	8,953.7
	Japanese government   bonds		3,387.3		2,790.5		454.7		451.4		7,083.9		1,236.6		4,100.5		530.9		384.3	6,252.3
	Japanese local government bonds		2.9		45.0		202.0		12.8		262.7		–		11.1		88.1		0.0	99.2
	Japanese corporate bonds		160.2		1,208.6		754.3		531.1		2,654.1		206.8		1,152.9		884.4		358.2	2,602.2
Others			2,209.7		2,259.6		1,814.0		3,395.6		9,678.9		1,714.5		2,224.0		2,230.2		1,415.3	7,584.0
Total			5,760.1		6,303.7		3,225.0		4,390.8		19,679.6		3,157.9		7,488.5		3,733.6		2,157.7	16,537.7

 6. Notional amount of interest rate swaps (under deferred hedge accounting), classified by remaining maturity

 SMBC non-consolidated       (Billions of yen)  

		Mar. 31, 2020				Mar. 31, 2019
		1 year or less	More than 1 year to 5 years	More than 5 years	Total	1 year or less	More than 1 year to 5 years	More than 5 years	Total
	Receivable fixed rate / payable floating rate	7,637.8	17,653.2	11,127.3	36,418.4	3,521.6	21,937.0	8,102.7	33,561.3
	Receivable floating rate   / payable fixed rate	1,074.1	5,445.7	8,028.4	14,548.1	1,457.1	4,809.9	8,006.5	14,273.4
Total		8,711.9	23,098.9	19,155.7	50,966.5	4,978.6	26,746.8	16,109.2	47,834.7

- 5 -

Sumitomo Mitsui Financial Group

 7. Employee retirement benefits

 Consolidated

 (1) Projected benefit obligation

(Millions of yen)
			Mar. 31, 2020		Mar. 31, 2019
				Change
Fair value of plan assets		(A)	1,318,775	(102,603)	1,421,378
Projected benefit obligation		(B)	1,123,979	219	1,123,760
Net surplus (deficit)		(A-B)	194,795	(102,822)	297,617
	Net defined benefit asset		230,573	(98,861)	329,434
	Net defined benefit liability		35,777	3,961	31,816
Measurements of defined benefit plans (before tax effect deduction)			128,085	119,790	8,295
	Unrecognized prior service cost (deductible from the obligation)		(159)	141	(300)
	Unrecognized net actuarial gain (loss)		128,245	119,649	8,596
(2) Retirement benefit expenses
(Millions of yen)
			FY3/2020		FY3/2019
				Change
Retirement benefit expenses			22,984	19,345	3,639
SMBC non-consolidated
(1) Projected benefit obligation
					(Millions of yen)
			Mar. 31, 2020		Mar. 31, 2019
				Change
Projected benefit obligation		(A)	985,099	(1,094)	986,193
<Discount rate>			<0.28%>	<->	<0.28%>
	Fair value of plan assets	(B)	1,205,306	(99,353)	1,304,659
	Reserve for employee retirement benefits	(C)	-	-	-
	Prepaid pension cost	(D)	344,481	23,450	321,031
	Unrecognized prior service cost (deductible from the obligation)	(E)	-	-	-
	Unrecognized net actuarial gain (loss)	(A-B-C+D-E)	124,273	121,708	2,565
(2) Retirement benefit expenses
					(Millions of yen)
			FY3/2020		FY3/2019
				Change
Retirement benefit expenses			4,247	19,319	(15,072)
	Service cost		28,891	141	28,750
	Interest cost on projected benefit obligation		2,761	(1,796)	4,557
	Expected returns on plan assets		(39,944)	998	(40,942)
	Amortization of unrecognized prior service cost		-	-	-
	Amortization of unrecognized net actuarial gain (loss)		3,775	19,354	(15,579)
	Others		8,764	623	8,141

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Sumitomo Mitsui Financial Group

8. Classification based on self-assessment and the Financial Reconstruction Act,

      and write-offs / reserves

*1	Includes direct reduction of 95.4 billion yen.
*2	Includes reserve for assets that are not subject to disclosure based on the Financial Reconstruction Act standards. (Bankrupt/Effectively bankrupt borrowers: 5.7 billion yen, Potentially bankrupt borrowers: 1.9 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 the reserve for 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 Specific reserve for Borrowers requiring caution totaling 0.2 billion yen.
*6	The proportion of the reserve to the claims, excluding the portion secured by collateral or guarantees, etc.

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Sumitomo Mitsui Financial Group

 9. Risk-monitored loans

Consolidated					(Millions of yen, %)
		Mar. 31, 2020			Mar. 31, 2019
		(a)	Ratio     (b)	(a) - (c)	(c)	Ratio (d)
Bankrupt loans		13,978	0.0	1,172	12,806	0.0
Non-accrual loans		378,173	0.5	(78,629)	456,802	0.6
Past due loans (3 months or more)		14,400	0.0	956	13,444	0.0
Restructured loans		221,288	0.3	27,861	193,427	0.2
Total		627,840	0.8	(48,641)	676,481	0.9
Total loans (period-end balance)		82,517,609	100.0	4,538,419	77,979,190	100.0
	Amount of direct reduction	113,254		(5,726)	118,980
SMBC non-consolidated					(Millions of yen, %)
		Mar. 31, 2020			Mar. 31, 2019
		(a)	Ratio (b)	(a) - (c)	(c)	Ratio (d)
Bankrupt loans		12,978	0.0	1,366	11,612	0.0
Non-accrual loans		305,587	0.4	(80,809)	386,396	0.5
Past due loans (3 months or more)		4,468	0.0	(1,057)	5,525	0.0
Restructured loans		90,338	0.1	32,108	58,230	0.1
Total		413,372	0.5	(48,393)	461,765	0.6
Total loans (period-end balance)		80,187,382	100.0	3,785,575	76,401,807	100.0
	Amount of direct reduction	78,064		(4,278)	82,342
10. Reserve for possible loan losses and reserve ratio
Consolidated					(Millions of yen, %)
		Mar. 31, 2020			Mar. 31, 2019
		(a)	Reserve Ratio   (b)	(a) - (c)	(c)	Reserve Ratio (d)
Reserve for possible loan losses		479,197	76.32	10,389	468,808	69.30
	General reserve	336,089		17,856	318,233
	Specific reserve	143,107		(7,426)	150,533
	Loan loss reserve for specific overseas countries	0		(41)	41
	Amount of direct reduction	142,834		2,853	139,981

SMBC non-consolidated					(Millions of yen, %)
		Mar. 31, 2020			Mar. 31, 2019
		(a)	Reserve Ratio   (b)	(a) - (c)	(c)	Reserve Ratio (d)
Reserve for possible loan losses		279,702	67.66	4,517	275,185	59.59
	General reserve	188,572		17,214	171,358
	Specific reserve	91,128		(12,698)	103,826
	Loan loss reserve for specific overseas countries	0		0	0
	Amount of direct reduction	95,410		6,154	89,256

Note: Reserve ratio: Reserve for possible loan losses / Risk-monitored loans. After direct reduction.

- 8 -

Sumitomo Mitsui Financial Group

11. Non-performing loans (NPLs) based on the Financial Reconstruction Act and coverage

Consolidated				(Millions of yen, %)
		Mar. 31, 2020 (a)		Mar. 31, 2019 (b)
			(a) - (b)
	Bankrupt and quasi-bankrupt assets	87,857	(1,802)	89,659
	Doubtful assets	326,883	(71,412)	398,295
	Substandard loans	235,539	28,340	207,199
Total (A)		650,280	(44,873)	695,153
	Normal assets	95,273,195	4,578,546	90,694,649
	Grand total (B)	95,923,476	4,533,673	91,389,803
NPL ratio (A/B)		0.68	(0.08)	0.76
				(Millions of yen)
		Mar. 31, 2020 (a)		Mar. 31, 2019 (b)
			(a) - (b)
Total coverage (C)		466,485	(53,027)	519,512
	Reserve for possible loan losses (D)	153,002	490	152,512
	Amount recoverable by guarantees, collateral and others (E)	313,483	(53,517)	367,000
				(%)
Coverage ratio (C) / (A)		71.74	(2.99)	74.73
Coverage ratio calculated with total reserve for possible loan losses included in the numerator		121.90	1.67	120.23
				(%)
Reserve ratio to unsecured assets (D) / (A - E)		45.43	(1.05)	46.48
Reserve ratio calculated with total reserve for possible loan losses included in the numerator		142.28	(0.58)	142.86
SMBC non-consolidated				(Millions of yen, %)
		Mar. 31, 2020 (a)		Mar. 31, 2019 (b)
			(a) - (b)
	Bankrupt and quasi-bankrupt assets	72,976	(2,365)	75,341
	Doubtful assets	260,833	(76,542)	337,375
	Substandard loans	94,807	31,051	63,756
Total (A)		428,617	(47,855)	476,472
	Normal assets	92,797,390	4,336,945	88,460,445
	Grand total (B)	93,226,007	4,289,089	88,936,918
NPL ratio (A/B)		0.46	(0.08)	0.54
Note: NPLs based on the Financial Reconstruction Act include loans, acceptances and guarantees, suspense payments, and other credit-type assets.
			(Millions of yen)
		Mar. 31, 2020 (a)		Mar. 31, 2019 (b)
			(a) - (b)
Total coverage (C)		372,885	(45,721)	418,606
	Reserve for possible loan losses* (D)	112,204	(3,277)	115,481
	Amount recoverable by guarantees, collateral and others (E)	260,681	(42,444)	303,125
* Sum of general reserve for substandard loans and specific reserve
				(%)
Coverage ratio (C) / (A)		87.00	(0.86)	87.86
Coverage ratio calculated with total reserve for possible loan losses included in the numerator		126.08	4.71	121.37
				(%)
Reserve ratio to unsecured assets (D) / (A - E)		66.81	0.19	66.62
Reserve ratio calculated with total reserve for possible loan losses included in the numerator		166.55	7.80	158.75

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Sumitomo Mitsui Financial Group

12. Results of off-balancing of NPLs

SMBC non-consolidated

(Billions of yen)

			Mar. 31, 2020   (a)				Mar. 31, 2019 (b)
				(a) - (b)	NPLs newly classified  during FY3/2020	Amount of   off-balancing
	Bankrupt and quasi-bankrupt assets		73.0	(2.4)	27.6	(30.0)	75.3
	Doubtful assets		260.8	(76.5)	110.0	(186.5)	337.4
	Total		333.8	(78.9)	(*1)    137.6	(*1)    (216.5)	412.7
Result of measures connected to off-balancing (*2)			38.5				41.0
		Breakdown of   off-balancing by factor (*3)	Disposition by borrowers’ liquidation			(6.7)
			Reconstructive disposition			(6.4)
			Improvement in debtors’ performance due to reconstructive disposition			(4.6)
			Loan sales to market			(19.1)
			Direct write-offs			14.4
			Others			(194.1)
				Collection / repayment, etc.		(152.3)
				Improvement in debtors’ performance		(41.8)
			Total			(216.5)

*1	The amount of NPLs newly classified during the six months ended Sep. 30, 2019 and off-balanced in the six months ended Mar. 31, 2020 was 33.8 billion yen.
*2	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.
*3	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 and civil rehabilitation), debt forgiveness involved in special mediation or other types of civil mediation, or debt forgiveness for restructuring involved in private reorganization.

- 10 -

Sumitomo Mitsui Financial Group

13. Loan portfolio, classified by industry

SMBC non-consolidated

(1) Loans and bills discounted, classified by industry (Millions of yen, %)

			Mar. 31, 2020			Mar. 31, 2019
			(a)	Ratio	(a) - (b)	(b)	Ratio
Domestic offices (excluding Japan offshore banking accounts)			54,613,328	100.0	645,987	53,967,341	100.0
	Manufacturing		7,193,086	13.2	571,643	6,621,443	12.3
	Agriculture, forestry, fisheries and mining		257,491	0.5	(9,644)	267,135	0.5
	Construction		753,216	1.4	23,671	729,545	1.3
	Transportation, communications and public enterprises		5,128,181	9.4	(98,154)	5,226,335	9.7
	Wholesale and retail		4,385,298	8.0	102,016	4,283,282	7.9
	Finance and insurance		7,130,276	13.1	(1,616)	7,131,892	13.2
	Real estate		7,621,115	13.9	567,587	7,053,528	13.1
	Goods rental and leasing		1,580,709	2.9	(17,569)	1,598,278	3.0
	Various services		4,279,121	7.8	110,931	4,168,190	7.7
	Municipalities		784,273	1.4	29,773	754,500	1.4
	Others		15,500,557	28.4	(632,652)	16,133,209	29.9
Overseas offices and Japan offshore banking accounts			25,574,054	100.0	3,139,589	22,434,465	100.0
	Public sector		174,297	0.7	(2,387)	176,684	0.8
	Financial institutions		1,929,564	7.5	261,131	1,668,433	7.4
	Commerce and industry		21,485,675	84.0	2,506,344	18,979,331	84.6
	Others		1,984,517	7.8	374,502	1,610,015	7.2
Total			80,187,382	-	3,785,575	76,401,807	-
	Risk-monitored loans					(Millions of yen, %)
			Mar. 31, 2020			Mar. 31, 2019
			(a)	Ratio	(a) - (b)	(b)	Ratio
	Domestic offices (excluding Japan offshore banking accounts)		301,208	100.0	(59,572)	360,780	100.0
		Manufacturing	45,701	15.2	(49,936)	95,637	26.5
		Agriculture, forestry, fisheries and mining	1,632	0.5	1,592	40	0.0
		Construction	9,962	3.3	(5,054)	15,016	4.1
		Transportation, communications and public enterprises	39,308	13.1	1,518	37,790	10.5
		Wholesale and retail	65,237	21.7	1,024	64,213	17.8
		Finance and insurance	5,258	1.7	(456)	5,714	1.6
		Real estate	33,295	11.1	(662)	33,957	9.4
		Goods rental and leasing	301	0.1	(35)	336	0.1
		Various services	54,878	18.2	(1,629)	56,507	15.7
		Municipalities	-	-	-	-	-
		Others	45,631	15.1	(5,935)	51,566	14.3
	Overseas offices and Japan offshore banking accounts		112,164	100.0	11,179	100,985	100.0
		Public sector	-	-	-	-	-
		Financial institutions	-	-	-	-	-
		Commerce and industry	57,944	51.7	8,983	48,961	48.5
		Others	54,220	48.3	2,196	52,024	51.5
	Total		413,372	-	(48,393)	461,765	-

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Sumitomo Mitsui Financial Group

(2) NPLs based on the Financial Reconstruction Act classified by industry, and reserve ratio

					(Millions of yen, %)
		Mar. 31, 2020			Mar. 31, 2019
		(a)	Reserve   ratio	(a) - (b)	(b)
Domestic offices (excluding Japan offshore banking accounts)		307,473	72.3	(59,527)	367,000
	Manufacturing	48,077	62.4	(49,496)	97,573
	Agriculture, forestry, fisheries and mining	2,333	60.6	2,293	40
	Construction	10,185	58.7	(5,178)	15,363
	Transportation, communications and public enterprises	39,466	83.9	1,621	37,845
	Wholesale and retail	65,912	67.1	529	65,383
	Finance and insurance	5,372	91.2	(494)	5,866
	Real estate	34,744	65.3	(1,333)	36,077
	Goods rental and leasing	301	57.7	(35)	336
	Various services	55,251	52.8	(1,481)	56,732
	Municipalities	-	-	-	-
	Others	45,828	100.0	(5,953)	51,781
Overseas offices and Japan offshore banking accounts		121,144	59.3	11,672	109,472
	Public sector	-	-	-	-
	Financial institutions	-	-	-	-
	Commerce and industry	66,138	58.5	9,007	57,131
	Others	55,005	60.8	2,664	52,341
Total		428,617	66.8	(47,855)	476,472

Notes	1.	NPLs based on the Financial Reconstruction Act 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)
			Mar. 31, 2020		Mar. 31, 2019
			(a)	(a) - (b)	(b)
Consumer loans			12,427,001	(573,684)	13,000,685
	Housing loans		11,583,830	(534,427)	12,118,257
		Self-residential purpose	9,267,478	(392,878)	9,660,356
	Other consumer loans		843,171	(39,256)	882,427

(4) Loans to small- and medium-sized enterprises, etc.

			(Millions of yen, %)
	Mar. 31, 2020		Mar. 31, 2019
	(a)	(a) - (b)	(b)
Outstanding balance	33,095,033	100,279	32,994,754
Ratio to total loans	60.6	(0.5)	61.1

Note:  Outstanding balance includes loans to individuals.

- 12 -

Sumitomo Mitsui Financial Group

14. Loan portfolio, classified by country

SMBC non-consolidated

(1) Loans outstanding, classified by major domicile

(Millions of yen, %)

		Mar. 31, 2020			Mar. 31, 2019
		(a)	Ratio	(a) - (b)	(b)	Ratio
Asia		6,751,839	26.9	745,917	6,005,922	27.2
	Indonesia	329,920	1.3	(19,715)	349,635	1.6
	Thailand	817,680	3.2	12,412	805,268	3.6
	Korea	281,752	1.1	48,770	232,982	1.1
	Hong Kong	1,722,459	6.9	151,385	1,571,074	7.1
	China	311,010	1.2	81,552	229,458	1.0
	Taiwan	469,611	1.9	125,263	344,348	1.6
	Singapore	1,520,468	6.1	191,291	1,329,177	6.0
	India	578,650	2.3	87,637	491,013	2.2
	Others	720,289	2.9	67,322	652,967	3.0
Oceania		1,821,822	7.3	75,693	1,746,129	7.9
	Australia	1,703,031	6.8	94,866	1,608,165	7.3
	Others	118,791	0.5	(19,173)	137,964	0.6
North America		9,169,383	36.5	1,279,856	7,889,527	35.7
	United States	7,516,351	29.9	1,248,009	6,268,342	28.4
	Others	1,653,032	6.6	31,847	1,621,185	7.3
Central and South America		1,663,378	6.6	105,667	1,557,711	7.0
	Brazil	258,458	1.0	55,338	203,120	0.9
	Panama	419,774	1.7	(42,815)	462,589	2.1
	Others	985,146	3.9	93,144	892,002	4.0
Western Europe		3,689,391	14.7	695,252	2,994,139	13.5
	United Kingdom	1,028,004	4.1	28,264	999,740	4.5
	Ireland	312,635	1.2	(36,979)	349,614	1.6
	Netherlands	714,450	2.9	232,661	481,789	2.2
	Others	1,634,302	6.5	471,306	1,162,996	5.2
Eastern Europe		221,097	0.9	40,693	180,404	0.8
	Russia	112,996	0.5	(22,672)	135,668	0.6
	Others	108,101	0.4	63,365	44,736	0.2
Others		1,775,203	7.1	28,527	1,746,676	7.9
Total		25,092,113	100.0	2,971,605	22,120,508	100.0

Note:     Classified by domicile of debtors.

(2) NPLs based on the Financial Reconstruction Act, classified by domicile

(Millions of yen, %)

		Mar. 31, 2020			Mar. 31, 2019
		(a)	Reserve  Ratio	(a) - (b)	(b)
Overseas Offices and Japan offshore banking accounts		121,144	59.3	11,672	109,472
	Asia	29,883	49.6	29,476	407
	Oceania	884	37.8	884	-
	North America	51,833	67.2	4,580	47,253
	Central and South America	12,600	100.0	(4,117)	16,717
	Western Europe	14,043	45.9	(19,755)	33,798
	Eastern Europe	853	61.3	853	-
	Others	11,045	75.4	(250)	11,295

Notes	1.	NPLs based on the Financial Reconstruction Act 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.

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Sumitomo Mitsui Financial Group

15. Balance of deposits and loans

SMBC non-consolidated

(1) Average balance of deposits and loans

					(Millions of yen)
			FY3/2020 (a)		FY3/2019 (b)
				(a) - (b)
Deposits			115,716,342	3,052,919	112,663,423
	Domestic units		94,329,528	3,911,810	90,417,718
Loans			76,455,604	885,568	75,570,036
	Domestic units		49,200,031	420,827	48,779,204
Note: Deposits do not include negotiable certificates of deposit. (2) Balance of deposits and loans, classified by type of depositor
					(Millions of yen)
			Mar. 31, 2020		Mar. 31, 2019
			(a)	(a) - (b)	(b)
Deposits			119,973,324	3,882,221	116,091,103
	Domestic deposits (excluding Japan offshore banking accounts)		102,183,997	4,924,835	97,259,162
		Individuals	49,052,970	1,946,444	47,106,526
		Corporates	53,131,027	2,978,391	50,152,636
Loans			80,187,382	3,785,575	76,401,807
	Domestic offices (excluding Japan offshore banking accounts)		54,613,328	645,987	53,967,341
	Overseas offices and Japan offshore banking accounts		25,574,054	3,139,589	22,434,465
Note: Deposits do not include negotiable certificates of deposit. Reference:
					(Billions of yen)
			Mar. 31, 2020		Mar. 31, 2019 (b)
			(a)	(a) - (b)
Balance of investment trusts			1,973.1	(168.3)	2,141.4
	Balance to individuals		1,593.4	(158.8)	1,752.2
Note: Balance of investment trusts is recognized on a contract basis and measured according to each fund’s net asset balance at the period-end.
					(Billions of yen)
			FY3/2020		FY3/2019 (b)
			(a)	(a) - (b)
Sales of investment trusts to individuals			400.8	105.6	295.2
Sales of pension-type insurance to individuals			117.2	(96.8)	214.0

- 14 -

Sumitomo Mitsui Financial Group

   16. Deferred tax assets and liabilities

(Billions of yen)
SMBC non-consolidated					Mar. 31, 2020	Change from   Mar. 31, 2019	Mar. 31, 2019
(a)	Total deferred tax assets		(b-c)	1	179.8	(22.0)	201.8
	(b)	Subtotal of deferred tax assets		2	459.6	32.5	427.1
		Reserve for possible loan losses and write-off of loans		3	117.4	3.5	113.9
		Taxable write-off of securities		4	224.9	9.5	215.4
		Others		5	117.3	19.5	97.8
	(c) Valuation allowance			6	279.8	54.5	225.3
(d) Total deferred tax liabilities				7	510.5	(65.8)	576.3
	Net unrealized gains on other securities			8	408.7	(118.7)	527.4
	Others			9	101.8	52.9	48.9
Net deferred tax assets			(a-d)	10	(330.7)	43.8	(374.5)
	Amount corresponding to net deferred losses on hedges included in line 5 and net unrealized gains on other securities included in line 8			11	(462.9)	51.3	(514.2)
	Others			12	132.2	(7.5)	139.7

SMBC recognized deferred tax assets pursuant to paragraph 19 (classification 2) of the “Implementation Guidance on Recoverability of Deferred Tax Assets” (ASBJ Guidance No.26). This is due to the fact that SMBC has generated steady taxable income, excluding amounts arising from extraordinary factors, in all of the current and past three fiscal years.

Reference: Income of final tax return before deducting operating loss carryforwards for the last 3 years

			(Billions of yen)
	FY3/2018	FY3/2019	FY3/2020
Income of final tax return before deducting operating loss carryforwards	578.4	497.2	546.5
Note: The figure for FY3/2020 was estimated at fiscal year closing.

- 15 -

Sumitomo Mitsui Financial Group

 17. Capital ratio (BIS guidelines)

  (Basel III basis)

Consolidated		(Billions of yen, %)
	Mar. 31, 2020 [Preliminary]		Mar. 31, 2019
	(a)	(a) - (b)	(b)
(1) Total capital ratio (4) / (7)	18.75	(2.01)	20.76
(2) Tier 1 capital ratio (5) / (7)	16.63	(1.56)	18.19
(3) Common equity Tier 1 capital ratio (6) / (7)	15.55	(0.82)	16.37
(4) Total capital	11,552.0	(688.5)	12,240.5
(5) Tier 1 capital	10,249.9	(477.3)	10,727.2
(6) Common equity Tier 1 capital	9,581.3	(73.3)	9,654.5
(7) Risk weighted assets	61,599.1	2,656.3	58,942.8
(8) Required capital (7) X 8%	4,927.9	212.5	4,715.4
(9) Leverage Ratio	4.31	(0.57)	4.88
SMBC consolidated
(1) Total capital ratio	18.06	(2.26)	20.32
(2) Tier 1 capital ratio	15.80	(1.77)	17.57
(3) Common equity Tier 1 capital ratio	13.70	(1.47)	15.17
(4) Leverage Ratio	3.97	(0.55)	4.52
SMBC non-consolidated
(1) Total capital ratio	17.61	(2.67)	20.28
(2) Tier 1 capital ratio	15.23	(2.14)	17.37
(3) Common equity Tier 1 capital ratio	13.01	(1.84)	14.85
(4) Leverage Ratio	3.85	(0.62)	4.47
18. ROE
Consolidated			(%)
	FY3/2020		FY3/2019
	(a)	(a) - (b)	(b)
ROE (denominator: Total stockholders’ equity)	7.6	(0.6)	8.2

  Note:

ROE (denominator: Total stockholders’ equity)	=	Profit attributable to owners of parent	X 100
		{(Total stockholders’ equity at the beginning of the period) + (Total stockholders’ equity at the end of the period)} / 2

- 16 -

Sumitomo Mitsui Financial Group

19. Earnings targets and dividends forecast for FY3/2021
(1) Earnings targets
Consolidated		(Billions of yen)
	FY3/2021	FY3/2020 Result
Consolidated net business profit	970.0	1,085.0
Total credit cost	(450.0)	(170.6)
Ordinary profit	550.0	932.1
Profit attributable to owners of parent	400.0	703.9
SMBC non-consolidated		(Billions of yen)
	FY3/2021	FY3/2020 Result
Banking profit (before provision for general reserve for possible loan losses)	520.0	604.0
Total credit cost	(290.0)	(49.6)
Ordinary profit	240.0	483.9
Net income	170.0	317.4
(2) Dividends forecast
			(Yen)
	FY3/2021		FY3/2020
	Interim	Annual
Dividend per share for common stock	95	190	190
Reference:			(Billions of yen)
	FY3/2021		FY3/2020
	Interim	Annual
Total dividend	130.1	260.2	260.2

- 17 -

Sumitomo Mitsui Financial Group

Reference: Financial Statements of SMBC

1. Condensed balance sheet

 SMBC non-consolidated

(Millions of yen)

	Mar. 31, 2020						Mar. 31, 2019
	(a)			(a) - (b)			(b)
Assets
Cash and due from banks		57,971,293			3,765,710			54,205,583
Call loans		645,967			(1,488,425	)		2,134,392
Receivables under resale agreements		5,963,377			2,599,307			3,364,070
Receivables under securities borrowing transactions		943,940			(278,344	)		1,222,284
Monetary claims bought		1,562,083			91,211			1,470,872
Trading assets		3,189,980			1,655,880			1,534,100
Securities		27,058,633			2,721,995			24,336,638
Loans and bills discounted		80,187,382			3,785,575			76,401,807
Foreign exchanges		1,896,157			269,052			1,627,105
Other assets		4,178,263			1,282,506			2,895,757
Tangible fixed assets		794,957			(7,544	)		802,501
Intangible fixed assets		234,707			(1,645	)		236,352
Prepaid pension cost		344,481			23,450			321,031
Customers’ liabilities for acceptances and guarantees		9,399,524			320,818			9,078,706
Reserve for possible loan losses		(279,702	)		(4,517	)		(275,185	)
Reserve for possible losses on investments		(127,256	)		(119,893	)		(7,363	)
Total assets		193,963,791			14,615,137			179,348,654

Note: Amounts less than 1 million yen are rounded down.

- 18 -

Sumitomo Mitsui Financial Group

(Millions of yen)

	Mar. 31, 2020						Mar. 31, 2019
	(a)			(a) - (b)			(b)
Liabilities
Deposits		119,973,324			3,882,221			116,091,103
Negotiable certificates of deposit		10,580,261			(1,001,344	)		11,581,605
Call money		3,068,726			2,271,965			796,761
Payables under repurchase agreements		8,728,522			1,363,945			7,364,577
Payables under securities lending transactions		571,095			152,183			418,912
Commercial paper		642,447			(992,364	)		1,634,811
Trading liabilities		2,959,613			1,610,682			1,348,931
Borrowed money		21,561,177			5,993,551			15,567,626
Foreign exchanges		1,519,777			305,916			1,213,861
Bonds		1,894,369			(1,016,425	)		2,910,794
Due to trust account		1,735,889			443,190			1,292,699
Other liabilities		3,453,008			1,793,836			1,659,172
Reserve for employee bonuses		13,794			509			13,285
Reserve for executive bonuses		939			2			937
Reserve for point service program		388			(80	)		468
Reserve for reimbursement of deposits		3,900			(3,525	)		7,425
Deferred tax liabilities		330,699			(43,830	)		374,529
Deferred tax liabilities for land revaluation		30,111			(148	)		30,259
Acceptances and guarantees		9,399,524			320,818			9,078,706
Total liabilities		186,467,572			15,081,104			171,386,468
Net assets
Capital stock		1,770,996			-			1,770,996
Capital surplus		1,774,554			-			1,774,554
Capital reserve		1,771,043			-			1,771,043
Other capital surplus		3,510			-			3,510
Retained earnings		2,875,747			(320,757	)		3,196,504
Other retained earnings		2,875,747			(320,757	)		3,196,504
Voluntary reserve for retirement allowances		1,656			-			1,656
Voluntary reserve		219,845			-			219,845
Retained earnings brought forward		2,654,246			(320,757	)		2,975,003
Treasury stock		(210,003	)		-			(210,003	)
Total stockholders’ equity		6,211,295			(320,758	)		6,532,053
Net unrealized gains (losses) on other securities		1,073,795			(353,213	)		1,427,008
Net deferred gains (losses) on hedges		185,163			207,607			(22,444	)
Land revaluation excess		25,964			396			25,568
Total valuation and translation adjustments		1,284,923			(145,208	)		1,430,131
Total net assets		7,496,219			(465,966	)		7,962,185
Total liabilities and net assets		193,963,791			14,615,137			179,348,654

Note: Amounts less than 1 million yen are rounded down.

- 19 -

Sumitomo Mitsui Financial Group

2. Condensed income statement

SMBC non-consolidated

(Millions of yen)

	FY3/2020 (a)		FY3/2019 (b)
		(a) - (b)
Ordinary income	2,851,162	45,322	2,805,840
Interest income	1,900,107	(70,724)	1,970,831
Interest on loans and discounts	1,254,132	(44,593)	1,298,725
Interest and dividends on securities	329,152	(16,414)	345,566
Trust fees	2,110	(140)	2,250
Fees and commissions	521,450	(3,116)	524,566
Trading income	111,655	65,148	46,507
Other operating income	142,854	33,180	109,674
Other income	172,983	20,974	152,009
Ordinary expenses	2,367,218	211,026	2,156,192
Interest expenses	1,022,015	(4,712)	1,026,727
Interest on deposits	347,736	(33,568)	381,304
Fees and commissions payments	198,192	15,827	182,365
Trading losses	-	(3,305)	3,305
Other operating expenses	45,962	116	45,846
General and administrative expenses	819,423	16,462	802,961
Other expenses	281,624	186,638	94,986
Ordinary profit	483,944	(165,703)	649,647
Extraordinary gains	1,224	844	380
Extraordinary losses	4,191	(2,164)	6,355
Income before income taxes	480,977	(162,695)	643,672
Income taxes - current	156,282	19,397	136,885
Income taxes - deferred	7,313	(22,107)	29,420
Total income taxes	163,595	(2,710)	166,305
Net income	317,381	(159,986)	477,367

Note: Amounts less than 1 million yen are rounded down.

- 20 -

Sumitomo Mitsui Financial Group

3. Statement of changes in net assets

SMBC non-consolidated

Year ended March 31, 2020																					(Millions of yen)
				Capital surplus					Retained earnings
									Other retained earnings
	Capital stock			Capital reserve			Other capital surplus		Voluntary reserve for retirement   allowances			Voluntary   reserve			Retained     earnings brought forward			Treasury   stock			Total stockholders’ equity
Balance at the beginning of the period		1,770,996			1,771,043			3,510		1,656			219,845			2,975,003			(210,003	)	6,532,053
Changes in the period
Cash dividends																(637,702	)				(637,702)
Net income																317,381					317,381
Reversal of land revaluation excess																(435	)				(435)
Net changes in items other than stockholders’ equity in the period
Net changes in the period		-			-			-		-			-			(320,757	)		-		(320,757)
Balance at the end of the period		1,770,996			1,771,043			3,510		1,656			219,845			2,654,246			(210,003	)	6,211,295
												(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 the beginning of the period		1,427,008			(22,444	)		25,568		1,430,131			7,962,185
Changes in the period
Cash dividends													(637,702	)
Net income													317,381
Reversal of land revaluation excess													(435	)
Net changes in items other than stockholders’ equity in the period		(353,213	)		207,608			396		(145,208	)		(145,208	)
Net changes in the period		(353,213	)		207,608			396		(145,208	)		(465,965	)
Balance at the end of the period		1,073,795			185,163			25,964		1,284,923			7,496,219

Note: Amounts less than 1 million yen are rounded down.

- 21 -