Sumitomo Mitsui Financial Group Inc

XMF

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

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