SMFG Posts 22% Profit Increase in FY2025, Launches ¥100 Billion Share Buyback

Key Financial Highlights (FY2025 vs. FY2024):
• Ordinary Income: ¥10.17 trillion, up 8.8%
• Ordinary Profit: ¥1.72 trillion, up 17.3%
• Profit Attributable to Owners of Parent: ¥1.18 trillion, up 22.3%
• EPS (after stock split): ¥301.55 (vs. ¥241.52)
• ROE: 8.0% (vs. 7.0%)
• Dividend per share: ¥62 post-split (¥366 pre-split equivalent), up from ¥270

Operational Drivers:
• Higher loan and deposit income both domestically and overseas
• Growth in wealth management, payments, and consumer finance
• Strong fee income in domestic wholesale banking
• Increased credit costs of ¥344.5 billion (up ¥70.5 billion), partly due to U.S. tariff-related recession risks
• Equity losses of ¥5.5 billion, compared to gains of ¥72.0 billion a year earlier

Financial Position:
• Total Assets: ¥306.3 trillion (+¥11.0 trillion)
• Net Assets: ¥14.84 trillion (+¥41.5 billion)
• Loans and Bills Discounted: ¥111.1 trillion (+¥4.1 trillion)
• Deposits: ¥171.5 trillion (+¥6.7 trillion)

Cash Flows:
• Operating Activities: +¥4.97 trillion
• Investing Activities: –¥4.51 trillion
• Financing Activities: –¥480.1 billion
• Cash and Cash Equivalents at Year-End: ¥66.19 trillion

Outlook (FY2026 Forecast):
• Net Profit Attributable to Shareholders: ¥1.3 trillion (+10.4% YoY)
• EPS Forecast: ¥338.19

Capital Measures:
• Share Buyback: Up to 40 million shares or ¥100 billion between May 15 and July 31, 2025
• Cancellation Date: August 20, 2025
• Stock-Based Compensation Trust: Additional share purchase of up to 153,000 shares for SMBC, SMBC Nikko, and others