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Sumitomo Mitsui Financial Reports Strong Profit Growth

Sumitomo Mitsui Financial Reports Strong Profit Growth

Sumitomo Mitsui Financial ( (SMFG) ) has released its Q2 earnings. Here is a breakdown of the information Sumitomo Mitsui Financial presented to its investors.

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Sumitomo Mitsui Financial Group, Inc. is a leading financial institution headquartered in Tokyo, Japan, operating primarily in the banking sector with listings on major stock exchanges including Tokyo, Nagoya, and New York.

In its latest earnings report for the six months ended September 30, 2025, Sumitomo Mitsui Financial Group reported a slight decline in ordinary income but demonstrated strong growth in profitability, with significant increases in ordinary profit and profit attributable to owners of the parent.

The financial results highlighted a 24% increase in ordinary profit to ¥1,278,123 million and a 28.7% rise in profit attributable to owners of the parent, reaching ¥933,505 million. Earnings per share also improved to ¥242.03, reflecting the positive impact of a previous stock split. The company’s comprehensive income surged by 175.5% to ¥1,030,170 million, driven by gains in securities and hedges.

Despite a slight decrease in total assets to ¥305,905,915 million, the company maintained a stable financial position with a net assets ratio of 5.0%. The dividend forecast for the fiscal year ending March 31, 2026, was revised, indicating a projected annual dividend of ¥157.00 per share.

Looking ahead, Sumitomo Mitsui Financial Group remains optimistic, with a revised forecast for the fiscal year ending March 31, 2026, projecting a 27.3% increase in profit attributable to owners of the parent. The management continues to focus on strategic initiatives to enhance shareholder value and sustain growth in a dynamic financial environment.

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