Sumitomo Mitsui Financial Group
Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Financial Group, Inc. (SMFG;Kabushiki kaisha mitsui sumitomo finansharu gurūpu?) is a Japanese bank holding / financial services company established by Sumitomo Mitsui Banking Corporation, which is the second largest bank in Japan by market value (as of Nov 2009).
It holds assets of around US $1.8 trillion and is one of the largest financial institutions in the world.
Sumitomo Mitsui Financial Group (SMFG) was established through a share transfer from Sumitomo Mitsui Banking Corporation in December 2002.
The companies of SMFG offer a diverse range of financial services, centered on banking operations, and including credit card services, leasing, information services, and securities.
Sumitomo Mitsui Financial Group,Inc.
Chairman of the Board
Koichi Miyata (Director at SMBC)
Message from Top Management
2,337.8 billion yen
Management of the affairs of subsidiaries within the group and relevant ancillary
Shares Issued and
Listed Stock Exchange
Tokyo Stock Exchange (First Section)
Nagoya Stock Exchange (First Section)
New York Stock Exchange
1-2, Marunouchi 1-chome, Chiyoda-Ku, Tokyo, Japan map
as of March 31, 2016
Industry Banking, Financial services
Predecessor(s): Sumitomo Mitsui Banking Corporation
Founded: December 2, 2002
Headquarters : Chiyoda-ku, Tokyo, Japan
Area served : Worldwide
Key person: Teisuke Kitayama (President)
Revenue: Increase ¥3.073 trillion (2011)
Profit: Increase ¥550.84 billion (2011)
Total assets: Increase ¥131.48 trillion (2011)
Total equity: Increase ¥5.303 trillion (2011)
Employees: 62,379 (2011)
Sumitomo Mitsui Banking Corporation
SMFG Card & Credit Co., Ltd.
Sumitomo Mitsui Finance and Leasing Company, Limited
The Japan Research Institute, Limited
SMBC Friend Securities Co., Ltd.
Sumitomo Mitsui Financial Group, Inc. is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services. The Company offers commercial banking services to a range of customers, including corporations, mid-sized companies, small-sized companies, individuals, governments and governmental entities mainly through the Bank. The Bank has equity interest in Sumitomo Mitsui Finance and Leasing Company, Limited, which provides a range of leasing services, including equipment lease, operating lease, leveraged lease and aircraft operating lease. The Bank’s subsidiary, SMBC Nikko Securities Inc., offers a range of financial products, and investment consultation and administrative services.
References: ^ a b c d e “FY 2011 Full-Year Financial Results”. Retrieved October 26, 2011.
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