Sumitomo Mitsui Financial Group, Inc.

Tokyo Stock Exchange 8316.T

Sumitomo Mitsui Financial Group, Inc. Net Income Margin for the year ending March 31, 2024: 27.09%

Sumitomo Mitsui Financial Group, Inc. Net Income Margin is 27.09% for the year ending March 31, 2024, a 27.25% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Sumitomo Mitsui Financial Group, Inc. Net Income Margin for the year ending March 31, 2023 was 21.29%, a 3.12% change year over year.
  • Sumitomo Mitsui Financial Group, Inc. Net Income Margin for the year ending March 31, 2022 was 20.64%, a 27.47% change year over year.
  • Sumitomo Mitsui Financial Group, Inc. Net Income Margin for the year ending March 31, 2021 was 16.19%, a -15.39% change year over year.
  • Sumitomo Mitsui Financial Group, Inc. Net Income Margin for the year ending March 31, 2020 was 19.14%, a 15.27% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
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Tokyo Stock Exchange: 8316.T

Sumitomo Mitsui Financial Group, Inc.

CEO Mr. Toru Nakashima
IPO Date Jan. 4, 2000
Location Japan
Headquarters 1-2, Marunouchi 1-chome
Employees 120,000
Sector Finance
Industries
Description

Sumitomo Mitsui Financial Group, Inc., together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through four segments: Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit. The Wholesale Business Unit segment offers financing, investment management, risk hedging, and settlement services, as well as financial solutions related to mergers and acquisition, and other advisory services primarily for large, mid, and small-sized corporate clients; various leasing services, including equipment, and operating and leveraged leasing; and digital services, such as robotic process automation and electronic contract services. The Retail Business Unit segment offers wealth management, settlement, consumer finance, and housing loan products and services, as well as business and asset succession services to high-net-worth customers. The Global Business Unit segment offers loans, deposits, clearing services, trade finance, project finance, loan syndication, derivatives, and cash management services; underwriting services; and leasing services related to the construction machinery, transportation equipment, industrial machinery, medical equipment, and aircraft leasing. The Global Markets Business Unit segment offers solutions through foreign exchange products, derivatives, bonds, stocks, and other marketable financial products. It also undertakes asset liability management operations. The company also offers credit card, internet banking, system development and engineering, data processing, management consulting and economic research, and investment advisory and investment trust management services. Sumitomo Mitsui Financial Group, Inc. was incorporated in 2002 and is headquartered in Tokyo, Japan.

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StockViz Staff

January 15, 2025

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