Form 6-K

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 July 2023

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 ☐

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NO. 333-273003) AND TO BE A PART OF SUCH PROSPECTUS FROM THE DATE ON WHICH THIS REPORT IS FURNISHED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED, EXCEPT FOR THE STATEMENTS REGARDING OUR EARNINGS FORECAST UNDER THE CAPTIONS “3. EARNINGS FORECAST ON A CONSOLIDATED BASIS (FOR THE FISCAL YEAR ENDING MARCH 31, 2024).”

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/ Jun Okahashi
	Name:	Jun Okahashi
	Title:	General Manager, Financial Accounting Dept.

Date: July 31, 2023

July 31, 2023

Sumitomo Mitsui Financial Group, Inc.

Consolidated Financial Results for the three months ended June 30, 2023

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: https://www.smfg.co.jp/english/

President: Jun Ohta

Quarterly Securities Report (Shihanki hokokusho) issuing date: August 14, 2023

Investors meeting presentation for quarterly financial results: Not scheduled

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

1. Consolidated financial results (for the three months ended June 30, 2023)

(1) Operating results

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


			Ordinary income				Ordinary profit				Profit attributable to owners of parent

Three months ended June 30, 2023				¥ 2,273,292	70.7	%	¥	349,137	(0.2	)%	¥	248,016	(1.8	)%
Three months ended June 30, 2022				1,331,703	39.9			349,674	21.7			252,439	24.2
Notes:	1.	Comprehensive income:
		(a) for the three months ended June 30, 2023: ¥ 868,208 million [121.7%]
		(b) for the three months ended June 30, 2022: ¥ 391,625 million [50.4%]
	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)
Three months ended June 30, 2023				¥ 185.69				¥ 185.64
Three months ended June 30, 2022				184.14				184.08

(2) Financial position
							(Millions of yen, except percentages)
			Total assets				Net assets				Net assets ratio
As of June 30, 2023				¥ 284,634,759				¥ 13,428,381				4.7%
As of March 31, 2023				270,428,564				12,791,106				4.7
Notes:	1.	Stockholders’ equity:
		(a) as of June 30, 2023: ¥ 13,313,797 million (b) as of March 31, 2023: ¥ 12,680,465 million
	2.	Net assets ratio = {(Net assets – stock acquisition rights – non-controlling interests) / total assets} X 100

2. Dividends on common stock

(Yen)


	Cash dividends per share
	1st quarter		2nd quarter		3rd quarter		4th quarter		Annual
Fiscal year ended March 31, 2023		¥ —		¥ 115.00		¥ —		¥ 125.00		¥ 240.00
Fiscal year ending March 31, 2024		—
Fiscal year ending March 31, 2024 (Forecast)				125.00		—		125.00		250.00
Note: Dividend forecast remains unchanged.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2024)

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


	Profit attributable to owners of parent		Earnings per share
Fiscal year ending March 31, 2024	¥ 820,000	1.8%	¥ 614.86


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 June 30, 2023.



* Notes

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

(2) Special accounting methods used for preparing quarterly consolidated financial statements were adopted.

Note: For more details, see page 2 “1. Matters related to summary information (Notes).”

(3) 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

(4) Number of shares issued (common stocks)


	As of June 30, 2023	As of March 31, 2023
(a) Number of shares issued (including treasury stocks)	1,337,051,194 shares	1,374,691,194 shares
(b) Number of treasury stocks	3,423,094 shares	30,070,650 shares

	Three months ended June 30, 2023	Three months ended June 30, 2022
(c) Average number of shares issued in the period	1,335,616,415 shares	1,370,881,291 shares

[Note on quarterly review process]

This report is out of the scope of the external auditor’s review procedure.

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. (“the Company”) and its management with respect to the Company’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 the Company’s securities portfolio; incurrence of significant credit-related costs; the Company’s ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; and exposure to new risks as the Company 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. The Company undertakes no obligation to update or revise any forward-looking statements. Please refer to the Company’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.

Sumitomo Mitsui Financial Group, Inc.

Table of contents


1.	Matters related to summary information (Notes)	2

	Application of special accounting methods used for preparing quarterly consolidated financial statements	2

2.	Consolidated financial statements	3

	(1) Consolidated balance sheets	3

	(2) Consolidated statements of income and consolidated statements of comprehensive income	4

	(3) Note on going concern	4

	(4) Material changes in stockholders’ equity	4

Appendix: Financial results for the three months ended June 30, 2023 supplementary information

- 1 -

Sumitomo Mitsui Financial Group, Inc.

1. Matters related to summary information (Notes)

Application of special accounting methods used for preparing quarterly consolidated financial statements

The Company and certain domestic consolidated subsidiaries calculated tax expenses by multiplying Income before income taxes by an effective tax rate that was reasonably estimated by applying tax effect accounting to estimated Income before income taxes for the fiscal year ending March 31, 2024 including the period for the three months ended June 30, 2023. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group, Inc.

2. Consolidated financial statements

(1) Consolidated balance sheets


	Millions of yen
	March 31, 2023		June 30, 2023

Assets:
Cash and due from banks	¥	75,913,960	¥	76,733,528
Call loans and bills bought		5,684,812		7,789,075
Receivables under resale agreements		5,785,945		8,152,427
Receivables under securities borrowing transactions		5,576,612		5,518,587
Monetary claims bought		5,558,287		5,361,348
Trading assets		8,751,204		10,364,109
Money held in trust		12,957		13,157
Securities		33,213,165		33,787,972
Loans and bills discounted		98,404,137		101,282,112
Foreign exchanges		1,942,764		2,107,576
Lease receivables and investment assets		226,302		251,775
Other assets		13,243,899		16,139,376
Tangible fixed assets		1,494,527		1,503,111
Intangible fixed assets		897,848		924,581
Net defined benefit asset		704,654		716,342
Deferred tax assets		74,084		86,177
Customers’ liabilities for acceptances and guarantees		13,693,771		14,666,286
Reserve for possible loan losses		(750,369)		(762,786)

Total assets	¥	270,428,564	¥	284,634,759

Liabilities:
Deposits	¥	158,770,253	¥	161,003,648
Negotiable certificates of deposit		13,025,555		14,060,196
Call money and bills sold		2,569,055		2,135,347
Payables under repurchase agreements		16,772,716		19,931,263
Payables under securities lending transactions		1,521,271		1,344,261
Commercial paper		2,349,956		2,005,546
Trading liabilities		8,066,745		9,866,513
Borrowed money		13,674,830		14,129,890
Foreign exchanges		1,465,847		1,740,216
Short-term bonds		424,000		630,500
Bonds		10,365,003		11,348,640
Due to trust account		2,413,464		2,408,719
Other liabilities		11,923,748		15,253,783
Reserve for employee bonuses		96,254		37,874
Reserve for executive bonuses		3,307		—
Net defined benefit liability		35,449		35,656
Reserve for executive retirement benefits		1,133		895
Reserve for point service program		28,659		29,503
Reserve for reimbursement of deposits		10,845		9,731
Reserve for losses on interest repayment		128,378		120,257
Reserves under the special laws		3,902		4,164
Deferred tax liabilities		265,354		415,525
Deferred tax liabilities for land revaluation		27,952		27,952
Acceptances and guarantees		13,693,771		14,666,286

Total liabilities		257,637,458		271,206,377

Net assets:
Capital stock		2,342,537		2,342,537
Capital surplus		694,052		694,060
Retained earnings		7,423,600		7,308,259
Treasury stock		(151,798)		(17,749)

Total stockholders’ equity		10,308,391		10,327,108

Net unrealized gains (losses) on other securities		1,373,521		1,645,728
Net deferred gains (losses) on hedges		(13,293)		24,833
Land revaluation excess		35,005		35,056
Foreign currency translation adjustments		843,614		1,152,645
Accumulated remeasurements of defined benefit plans		133,226		128,424

Total accumulated other comprehensive income		2,372,074		2,986,689

Stock acquisition rights		1,145		1,044
Non-controlling interests		109,495		113,540

Total net assets		12,791,106		13,428,381

Total liabilities and net assets	¥	270,428,564	¥	284,634,759

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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

Three months ended June 30	2022		2023

Ordinary income	¥	1,331,703	¥	2,273,292
Interest income		637,403		1,411,067
Interest on loans and discounts		441,177		869,210
Interest and dividends on securities		108,984		128,484
Trust fees		1,478		1,845
Fees and commissions		336,330		390,147
Trading income		4,543		122,789
Other operating income		255,237		265,156
Other income		96,710		82,286
Ordinary expenses		982,028		1,924,154
Interest expenses		205,653		990,570
Interest on deposits		63,559		383,413
Fees and commissions payments		56,222		60,279
Trading losses		90,643		195,454
Other operating expenses		85,556		69,312
General and administrative expenses		484,021		535,092
Other expenses		59,932		73,445

Ordinary profit		349,674		349,137

Extraordinary gains		10		11
Extraordinary losses		998		1,137

Income before income taxes		348,686		348,012

Income taxes		93,962		97,289

Profit		254,724		250,722

Profit attributable to non-controlling interests		2,284		2,705

Profit attributable to owners of parent	¥	252,439	¥	248,016


(Consolidated statements of comprehensive income)
	Millions of yen

Three months ended June 30	2022		2023

Profit	¥	254,724	¥	250,722
Other comprehensive income (losses)		136,901		617,485
Net unrealized gains (losses) on other securities		(365,102)		267,072
Net deferred gains (losses) on hedges		71,230		38,081
Foreign currency translation adjustments		393,295		302,972
Remeasurements of defined benefit plans		(5,525)		(4,818)
Share of other comprehensive income of affiliates		43,003		14,178

Total comprehensive income		391,625		868,208

Comprehensive income attributable to owners of parent		390,357		862,580
Comprehensive income attributable to non-controlling interests		1,268		5,627

(3) Note on going concern

Not applicable.

(4) Material changes in stockholders’ equity

Not applicable.

- 4 -

Sumitomo Mitsui Financial Group

Financial results

for the three months

ended June 30, 2023

- Supplementary information -

Table of contents

Operating results

Consolidated

Non-consolidated

…

Interest spread (domestic)

Non-consolidated

…

Non-performing loans (NPLs) based on
the Banking Act and the Reconstruction Act

Consolidated

Non-consolidated

…

Unrealized gains (losses) on securities

Consolidated

Non-consolidated

…

Deposits and loans

Non-consolidated

…

ROE

Consolidated

…

Notes

1. Consolidated : Consolidated figures of Sumitomo Mitsui Financial Group, Inc.

2. Non-consolidated : Non-consolidated figures of Sumitomo Mitsui Banking Corporation (“SMBC”)

3. Capital ratio as of June 30, 2023 will be announced when it is fixed.

Sumitomo Mitsui Financial Group

1. Operating results


Consolidated						(Millions of yen)

				Three months ended June 30, 2023 (A)	Change (A) - (B)	Three months ended June 30, 2022 (B)
Consolidated gross profit			1	875,389	78,472	796,917
	Net interest income		2	420,497	(11,253)	431,750
	Trust fees		3	1,845	367	1,478
	Net fees and commissions		4	329,867	49,760	280,107
	Net trading income		5	(72,664)	13,435	(86,099)
	Net other operating income		6	195,844	26,163	169,681
General and administrative expenses			7	(535,092)	(51,071)	(484,021)
Equity in gains (losses) of affiliates			8	16,870	(15,842)	32,712

Consolidated net business profit			9	357,167	11,558	345,609

Total credit cost			10	(43,949)	(11,848)	(32,101)
	Credit costs		11	(53,670)	(17,831)	(35,839)
		Write-off of loans	12	(46,541)	(19,643)	(26,898)
		Provision for reserve for possible loan losses	13	—	2,285	(2,285)
		Others	14	(7,128)	(474)	(6,654)
	Gains on reversal of reserve for possible loan losses		15	5,724	5,724	—
	Recoveries of written-off claims		16	3,996	259	3,737
Gains (losses) on stocks			17	41,247	4,412	36,835
Other income (expenses)			18	(5,328)	(4,659)	(669)

Ordinary profit			19	349,137	(537)	349,674

Extraordinary gains (losses)			20	(1,125)	(138)	(987)
	Gains (losses) on disposal of fixed assets		21	(231)	127	(358)
	Losses on impairment of fixed assets		22	(631)	(2)	(629)
Income before income taxes			23	348,012	(674)	348,686
Income taxes			24	(97,289)	(3,327)	(93,962)
Profit			25	250,722	(4,002)	254,724
Profit attributable to non-controlling interests			26	(2,705)	(421)	(2,284)

Profit attributable to owners of parent			27	248,016	(4,423)	252,439

Notes: 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) 3. Amounts of Income taxes include Income taxes-deferred.

		Number of consolidated subsidiaries and affiliates
				June 30, 2023		March 31, 2023
				June 30, 2023	Change	March 31, 2023
		Consolidated subsidiaries	28	182	(2)	184
		Equity method affiliates	29	313	5	308

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Sumitomo Mitsui Financial Group


SMBC non-consolidated						(Millions of yen)

				Three months ended June 30, 2023 (A)	Change (A) - (B)	Three months ended June 30, 2022 (B)
Gross banking profit			1	423,261	(48,275)	471,536
	Net interest income		2	240,122	(88,908)	329,030
	Trust fees		3	784	272	512
	Net fees and commissions		4	110,597	6,885	103,712
	Net trading income		5	(133,692)	1,379	(135,071)
	Net other operating income		6	205,449	32,097	173,352

	Gains (losses) on bonds		7	(1,227)	31,890	(33,117)
Expenses (excluding non-recurring losses)			8	(242,572)	(20,876)	(221,696)
	Personnel expenses		9	(102,929)	(6,554)	(96,375)
	Non-personnel expenses		10	(123,105)	(13,118)	(109,987)
	Taxes		11	(16,537)	(1,204)	(15,333)

Banking profit (before provision for general reserve for possible loan losses)			12	180,688	(69,151)	249,839

Gains (losses) on bonds			13	(1,227)	31,890	(33,117)
	Core banking profit (12-13)		14	181,916	(101,041)	282,957
		excluding gains (losses) on cancellation of investment trusts	15	180,973	(72,760)	253,733

Provision for general reserve for possible loan losses			16	—	(13,587)	13,587
Banking profit			17	180,688	(82,738)	263,426
Non-recurring gains (losses)			18	43,429	27,216	16,213
	Credit costs		19	(13,114)	21,408	(34,522)
	Gains on reversal of reserve for possible loan losses		20	17,209	17,209	—
	Recoveries of written-off claims		21	0	(17)	17
	Gains (losses) on stocks		22	37,465	7,905	29,560
		Gains on sales of stocks	23	47,316	(211)	47,527
		Losses on sales of stocks	24	(1,122)	12,907	(14,029)
		Losses on devaluation of stocks	25	(8,727)	(4,790)	(3,937)
	Other non-recurring gains (losses)		26	1,868	(19,290)	21,158

Ordinary profit			27	224,118	(55,522)	279,640

Extraordinary gains (losses)			28	(708)	(303)	(405)
	Gains (losses) on disposal of fixed assets		29	(141)	79	(220)
	Losses on impairment of fixed assets		30	(566)	(381)	(185)
Income before income taxes			31	223,410	(55,824)	279,234
Income taxes			32	(59,736)	10,574	(70,310)

Net income			33	163,673	(45,251)	208,924



Total credit cost (16+19+20+21)			34	4,095	25,013	(20,918)
	Provision for general reserve for possible loan losses		35	15,559	1,972	13,587
	Write-off of loans		36	(12,531)	(8,629)	(3,902)
	Provision for specific reserve for possible loan losses		37	1,811	31,379	(29,568)
	Losses on sales of delinquent loans		38	(582)	41	(623)
	Provision for loan loss reserve for specific overseas countries		39	(161)	267	(428)
	Recoveries of written-off claims		40	0	(17)	17


Notes:		1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
		2. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group

2. Interest spread (domestic)


SMBC non-consolidated			(%)
	Three months ended June 30, 2023 (A)		Three months ended June 30, 2022 (B)
	Three months ended June 30, 2023 (A)	Change (A) - (B)	Three months ended June 30, 2022 (B)
Interest earned on loans and bills discounted (a)	0.82	(0.01)	0.83
Interest paid on deposits, etc. (b)	0.00	(0.00)	0.00
Interest spread (a) - (b)	0.82	(0.01)	0.83

Reference: After excluding loans to the Japanese government, etc.
Interest earned on loans and bills discounted (c)	0.84	(0.01)	0.85
Interest spread (c) - (b)	0.84	(0.01)	0.85

3. Non-performing loans (NPLs) based on the Banking Act and the Reconstruction Act


Consolidated						(Billions of yen)
				June 30, 2023		March 31, 2023
				June 30, 2023	Change from March 31, 2023	March 31, 2023
	Bankrupt and quasi-bankrupt loans		1	90.3	(2.7)	92.9
	Doubtful loans		2	516.0	21.8	494.2
	Substandard loans		3	339.6	(1.2)	340.7
		Past due loans (3 months or more)	4	30.8	10.8	19.9
		Restructured loans	5	308.8	(12.0)	320.8
	Total (A)		6	945.8	18.0	927.8

	Normal assets		7	119,199.9	4,060.6	115,139.3
	Grand total (B)		8	120,145.8	4,078.7	116,067.1
						(%)
	NPL ratio (A/B)		9	0.79	(0.01)	0.80

	Amount of direct reduction			181.1	19.6	161.5
SMBC non-consolidated						(Billions of yen)
				June 30, 2023		March 31, 2023
				June 30, 2023	Change from March 31, 2023	March 31, 2023
	Bankrupt and quasi-bankrupt loans		10	72.1	(3.4)	75.5
	Doubtful loans		11	387.1	11.3	375.8
	Substandard loans		12	140.2	4.9	135.2
		Past due loans (3 months or more)	13	3.6	(1.8)	5.4
		Restructured loans	14	136.5	6.7	129.9
	Total (A)		15	599.4	12.8	586.6

	Normal assets		16	115,808.1	3,275.3	112,532.9
	Grand total (B)		17	116,407.5	3,288.1	113,119.4
						(%)
	NPL ratio (A/B)		18	0.51	(0.01)	0.52

	Amount of direct reduction			137.3	14.3	123.0

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Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities


Consolidated											(Billions of yen)
					June 30, 2023					March 31, 2023
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from March 31, 2023	Gains	Losses
	Held-to-maturity securities			1	199.8	0.1	0.5	0.5	0.3	165.6	(0.4)
	Other securities			2	32,952.3	2,301.0	385.9	3,320.7	1,019.7	32,465.0	1,915.1
		Stocks		3	3,729.0	2,348.9	404.1	2,364.9	16.0	3,345.4	1,944.8
		Bonds		4	11,840.6	(51.9)	12.3	13.5	65.4	13,177.5	(64.2)
			Japanese government bonds	5	8,324.6	(30.6)	5.8	1.5	32.2	9,576.3	(36.4)
		Others		6	17,382.7	4.1	(30.5)	942.3	938.2	15,942.1	34.6
			Foreign bonds	7	14,296.2	(873.2)	(175.9)	26.0	899.2	13,081.5	(697.3)
	Other money held in trust			8	0.3	—	—	—	—	0.3	—
	Total			9	33,152.4	2,301.2	386.4	3,321.2	1,020.0	32,630.9	1,914.8
			Stocks	10	3,729.0	2,348.9	404.1	2,364.9	16.0	3,345.4	1,944.8
			Bonds	11	12,040.4	(51.8)	12.8	13.9	65.7	13,343.1	(64.6)
			Others	12	17,383.0	4.1	(30.5)	942.3	938.2	15,942.4	34.6

SMBC non-consolidated											(Billions of yen)
					June 30, 2023					March 31, 2023
					Balance sheet amount	Net unrealized gains (losses)				Balance sheet amount	Net unrealized gains (losses)

							Change from March 31, 2023	Gains	Losses
	Held-to-maturity securities			13	22.3	(0.3)	0.1	—	0.3	22.3	(0.4)
	Stocks of subsidiaries and affiliates			14	4,591.3	5.1	17.4	5.1	—	4,581.9	(12.3)
	Other securities			15	28,410.3	1,743.8	320.6	2,643.8	899.9	28,309.7	1,423.2
		Stocks		16	3,432.8	2,263.5	381.8	2,272.3	8.8	3,062.1	1,881.7
		Bonds		17	12,021.0	(50.3)	12.1	13.5	63.8	13,346.0	(62.4)
			Japanese government bonds	18	8,324.6	(30.6)	5.8	1.5	32.2	9,576.3	(36.4)
		Others		19	12,956.5	(469.3)	(73.1)	358.0	827.3	11,901.6	(396.2)
			Foreign bonds	20	10,658.4	(762.5)	(145.4)	26.1	788.6	9,709.4	(617.1)
	Total			21	33,023.9	1,748.6	338.2	2,648.9	900.2	32,914.0	1,410.4
			Stocks	22	3,729.1	2,264.1	381.8	2,272.9	8.8	3,358.9	1,882.3
			Bonds	23	12,043.3	(50.6)	12.2	13.5	64.1	13,368.3	(62.8)
			Others	24	17,251.5	(464.8)	(55.7)	362.5	827.3	16,186.8	(409.1)


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.	The net unrealized gains (losses) are measured based on market prices of the securities as of the balance sheet date.
	3.	Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts.

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Sumitomo Mitsui Financial Group

5. Deposits and loans


SMBC non-consolidated				(Billions of yen)
		June 30, 2023		March 31, 2023
		June 30, 2023	Change from March 31, 2023	March 31, 2023
Domestic deposits		123,907.8	935.6	122,972.2
	Individual	58,946.5	1,059.4	57,887.0
Note : The figures above exclude negotiable certificates of deposit and Japan offshore banking accounts.
Loans and bills discounted		96,207.0	1,899.6	94,307.4
	Domestic offices (excluding offshore banking accounts)	60,963.0	(124.5)	61,087.5
	Overseas offices and offshore banking accounts	35,244.0	2,024.1	33,219.9
6. ROE
Consolidated				(%)
		Three months ended June 30, 2023		Three months ended June 30, 2022
		Three months ended June 30, 2023	Change	Three months ended June 30, 2022
ROE (denominator: Total stockholders’ equity)		9.6	(0.5)	10.1

Note:

(Profit attributable to owners of parent) X (Number of days in a year (365 days)) /

ROE

(Number of days in the period (91 days))

X 100

{(Total stockholders’ equity at the beginning of the period) + (Total stockholders’ equity at the end of the period)} / 2

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