Sumitomo Mitsui Financial Group Inc - Company Profile

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Sumitomo Mitsui Financial Group Inc: Overview

Sumitomo Mitsui Financial Group Inc (SMFG) is a financial holding company that offers banking, financing, and asset management solutions. Its portfolio of banking products and related financial offerings includes card products, leasing, consumer finance, payment services, accounts, and deposit services. The company offers other services such as asset and wealth management, settlement, securities, data processing, management consulting, investment banking, and advisory. SMFG operates through a network of branches and representative offices, ATMs, and online portals and serves to individual, corporate, SMEs, and high-net-worth clients. It has an operational presence in Europe, the Middle East, the Americas, and Asia-Pacific. SMFG is headquartered in Tokyo, Japan.

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Headquarters Japan

Address 1-1-2, Marunouchi, Chiyoda-Ku, Tokyo, 100-0005


Telephone 81 3 32828111

No of Employees 109,434

Industry Financial Services

Ticker Symbol & Exchange 8316 (TYO)

Revenue (2022) $45.3B 49.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 14% (2022 vs 2021)

Market Cap* $78.3B

Net Profit Margin (2022) XYZ -23.7% (2022 vs 2021)

* As of and is in US$
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Sumitomo Mitsui Financial Group Inc premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Sumitomo Mitsui Financial Group Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Sumitomo Mitsui Financial Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Cards Investment Management
Deposits Settlement Services
Loans: Risk Hedging Solutions
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Acquisitions/Mergers/Takeovers In March, the company acquired the remaining 25.1% stake in SMFG India Credit Company Limited.
2023 Plans/Strategy In September, the company announced its plans to acquire 100% stake in Nikko Global Wrap from Sumitomo Mitsui DS Asset Management.
2023 Acquisitions/Mergers/Takeovers In July, the company acquired an additional 20% stake in Rizal Commercial Banking Corporation.
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Competitor Comparison

Key Parameters Sumitomo Mitsui Financial Group Inc Mitsubishi UFJ Financial Group Inc Mizuho Financial Group Inc Nomura Holdings Inc Japan Post Bank Co Ltd
Headquarters Japan Japan Japan Japan Japan
City Chiyoda-Ku Chiyoda-Ku Chiyoda-Ku Chuo-ku Chiyoda-Ku
State/Province Tokyo Tokyo Tokyo Tokyo Tokyo
No. of Employees 109,434 142,056 52,116 26,775 11,926
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Takeshi Kunibe Chairman Executive Board 2019 69
Fumihiko Ito Director; Group Chief Financial Officer; Group Chief Strategy Officer; Senior Managing Executive Officer Executive Board 2023 56
Teiko Kudo Director; Group Chief Risk Officer; Senior Managing Corporate Executive Officer Executive Board 2021 59
Toru Nakashima Chief Executive Officer; President Senior Management 2023 60
Jun Uchikawa Group Chief Information Officer; Senior Managing Corporate Executive Officer Senior Management 2022 58
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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