Sumitomo Mitsui Financial Group Inc

Company Profile

• Business description

  Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan’s second-largest bank after Mitsubishi UFJ Financial Group. As of March 2024, its market share of domestic loans was 7.2%, compared with 8.0% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan’s largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan’s third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

• Contact

  1-2, Marunouchi 1-chome
  Chiyoda-ku
  Tokyo100-0005
  JPN

  T: +81 332828111

  https://www.smfg.co.jp

• Sector

  Financial Services

  Stock type

  Cyclical

• Industry

  Banks - Diversified

  Fiscal Year End

  31 March 2025

  Employees

  129,600