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Sumitomo Mitsui Financial, 10% Increase in Net Income, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 2 yen, This Fiscal Year to Increase Dividend

Wed May 14, 2025 5:00 pm JST Earnings

8316 Sumitomo Mitsui Financial Group, Inc. 【J-GAAP】

Earnings Report

Sumitomo Mitsui Financial Group, Inc. <8316> [TSE Prime] announced its financial results after the market closed on May 14th (17:00). The consolidated net income for the fiscal year ending March 2025 increased 22.3% from the previous period to 1.17 trillion yen. For the fiscal year ending March 2026, the consolidated net income is expected to grow by 10.4% to 1.3 trillion yen, marking the third consecutive term of record-high profits. This will be the fifth consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 240 yen to 242 yen (compared to 270 yen before the 3-for-1 forward stock split in the previous term), and the annual dividend for this fiscal year is 136 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 11.5%.

In the most recent three-month period, from January to March (4Q), the consolidated net income significantly dropped to 0.04 trillion yen, a 75.3% decrease compared to the same period last year.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 6,142,155 1,160,930 805,842 196.8 80 May 15, 2023 J-GAAP
Mar, 2024 9,353,590 1,466,128 962,946 241.5 90 May 15, 2024 J-GAAP
Mar, 2025 10,174,894 1,719,482 1,177,996 301.6 122 May 14, 2025 J-GAAP
YoY +8.8% +17.3% +22.3% +24.9%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 1,160,000 299.5 120 Nov 14, 2024 J-GAAP
Mar, 2025 Results 10,174,894 1,719,482 1,177,996 301.6 122 May 14, 2025 J-GAAP
Revision Rate +1.6% +0.7%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 5,276,938 1,030,472 725,172 184.8 60 Nov 14, 2024 J-GAAP
Apr - Sep, 2025 Guidance 68 May 14, 2025 J-GAAP
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 9,353,590 1,466,128 962,946 241.5 90 May 15, 2024 J-GAAP
Mar, 2025 10,174,894 1,719,482 1,177,996 301.6 122 May 14, 2025 J-GAAP
Mar, 2026 Guidance 1,300,000 338.6 136 May 14, 2025 J-GAAP
YoY +10.4% +12.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 2,662,372 269,449 170,109 42.7 0.0 May 15, 2024 J-GAAP
Apr - Jun, 2024 2,522,567 520,888 371,355 94.4 0.0 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 2,754,371 509,584 353,817 90.2 0.0 Nov 14, 2024 J-GAAP
Oct - Dec, 2024 2,375,322 588,613 410,799 104.9 0.0 Jan 29, 2025 J-GAAP
Jan - Mar, 2025 2,522,634 100,397 42,025 10.8 0.0 May 14, 2025 J-GAAP
YoY -5.2% -62.7% -75.3% -74.8%

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