SMFG Files 6-K, Confirms Foreign Private Issuer Status
Ticker: SMFNF · Form: 6-K · Filed: Feb 20, 2024 · CIK: 1022837
| Field | Detail |
|---|---|
| Company | Sumitomo Mitsui Financial Group, Inc. (SMFNF) |
| Form Type | 6-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 16 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: compliance, regulatory-filing, foreign-issuer
TL;DR
**SMFG just filed a routine 6-K, confirming its foreign private issuer status and Form 20-F annual reporting.**
AI Summary
SUMITOMO MITSUI FINANCIAL GROUP, INC. filed a Form 6-K on February 20, 2024, indicating its status as a foreign private issuer. The filing confirms the company's address at 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan, and states that it files annual reports under Form 20-F. This 6-K report is incorporated by reference into the prospectus of its Form F-3 registration statement.
Why It Matters
This routine filing ensures compliance with SEC regulations for foreign private issuers and updates public records regarding the company's reporting status.
Risk Assessment
Risk Level: low — This is a standard compliance filing with no new material financial or operational information.
Key Players & Entities
- SUMITOMO MITSUI FINANCIAL GROUP, INC. (company) — registrant
- February 2024 (date) — month of report
- 001-34919 (other) — Commission file number
- 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan (other) — principal executive offices address
- Form 20-F (other) — annual report filing type
- Form F-3 (other) — registration statement
FAQ
What type of report did SUMITOMO MITSUI FINANCIAL GROUP, INC. file?
SUMITOMO MITSUI FINANCIAL GROUP, INC. filed a Form 6-K, which is a report of a foreign private issuer.
When was this Form 6-K filed?
This Form 6-K was filed on February 20, 2024, for the month of February 2024.
What is the Commission file number for SUMITOMO MITSUI FINANCIAL GROUP, INC.?
The Commission file number for SUMITOMO MITSUI FINANCIAL GROUP, INC. is 001-34919.
Under which form does SUMITOMO MITSUI FINANCIAL GROUP, INC. file its annual reports?
SUMITOMO MITSUI FINANCIAL GROUP, INC. files its annual reports under Form 20-F.
Is this 6-K report incorporated by reference into any other filing?
Yes, this report on Form 6-K is deemed to be incorporated by reference into the prospectus forming a part of SUMITOMO MITSUI FINANCIAL GROUP, INC.'s registration statement on Form F-3.
Filing Stats: 4,117 words · 16 min read · ~14 pages · Grade level 18.1 · Accepted 2024-02-20 06:11:51
Key Financial Figures
- $1 — ber 31, 2023 which was ¥141.83 to US$1. These translations should not be const
Filing Documents
- d737997d6k.htm (6-K) — 453KB
- 0001193125-24-039232.txt ( ) — 454KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Sumitomo Mitsui Financial Group, Inc. By: /s/ Fumihiko Ito Name:Fumihiko Ito Title:Senior Managing Executive Officer Group Chief Financial Officer Date: February 20, 2024 Table of Contents UNAUDITED QUARTERLY CONSOLIDATED JAPANESE GAAP FINANCIAL AS OF AND FOR THE NINE MONTHS ENDED DECEMBER 31, 2023 On February 14, 2024, we published our unaudited quarterly consolidated financial statements as of and for the nine months ended December 31, 2023 prepared in accordance with accounting principles generally accepted in Japan, or Japanese GAAP, as part of our quarterly securities report ( shihanki hokokusho ) for the quarter ended December 31, 2023 filed by us with the relevant Japanese authorities. This document is an English translation of the unaudited quarterly consolidated financial statements and the notes thereto included in such quarterly securities report. Japanese GAAP differs in certain respects from International Financial Reporting Standards as issued by the International Accounting Standards Board, or IFRS, and generally accepted accounting principles in the United States. For a description of certain differences between IFRS and Japanese GAAP, see Item 5.A Operating ResultsReconciliation with Japanese GAAP in our most recent annual report on Form 20-F filed with the SEC. Table of Contents UNAUDITED QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS (JAPANESE GAAP) QUARTERLY CONSOLIDATED BALANCE SHEETS Millions of yen Millions of U.S. dollars March 31, 2023 December 31, 2023 December 31, 2023 Assets: Cash and due from banks ¥ 75,913,960 ¥ 76,597,791 $ 540,068 Call loans and bills bought 5,684,812 5,220,292 36,807 Receivables under resale agreements 5,785,945 9,102,532 64,179 Receivables un
Business
Business Unit Retail
Business
Business Unit Global
Business
Business Unit Global Markets
Business
Business Unit Head office account and others Total Consolidated gross profit ¥ 556,400 ¥ 848,000 ¥ 917,800 ¥ 371,500 ¥ (316,256) ¥ 2,377,444 General and administrative expenses (219,500) (686,200) (470,300) (82,800) 31,053 (1,427,747) Others 52,700 3,000 68,700 22,900 (67,847) 79,453 Consolidated net business profit ¥ 389,600 ¥ 164,800 ¥ 516,200 ¥ 311,600 ¥ (353,050) ¥ 1,029,150 Notes: 1. Figures shown in the parenthesis represent the loss. 2. Others includes equity in profit and loss of affiliates and cooperated profit and loss based on internal managerial accounting. 3. Head office account and others includes profit or loss to be eliminated as inter-segment transactions. 4. The reportable segment of SMFG India Credit Company Limited and its consolidated subsidiary was changed from Head office account and others to Global Business Unit from the beginning of the period for the three months ended June 30, 2022 The changes in the methods of head office profit and loss allocation to each business unit were made during the period for the nine months ended December 31, 2023. The results of retrospective application for the changes were as follows: Nine months ended December 31, 2022 Millions of yen Wholesale
Business
Business Unit Retail
Business
Business Unit Global
Business
Business Unit Global Markets
Business
Business Unit Head office account and others Total Consolidated gross profit ¥ 535,600 ¥ 866,600 ¥ 856,900 ¥ 369,200 ¥ (250,856) ¥ 2,377,444 General and administrative expenses (214,600) (735,500) (492,300) (107,800) 122,453 (1,427,747) Others 72,600 3,000 70,000 22,900 (89,047) 79,453 Consolidated net business profit ¥ 393,600 ¥ 134,100 ¥ 434,600 ¥ 284,300 ¥ (217,450) ¥ 1,029,150 Nine months ended December 31, 2023 Millions of yen Wholesale
Business
Business Unit Retail
Business
Business Unit Global
Business
Business Unit Global Markets
Business
Business Unit Head office account and others Total Consolidated gross profit ¥ 590,600 ¥ 944,800 ¥ 952,700 ¥ 399,100 ¥ (160,877) ¥ 2,726,323 General and administrative expenses (233,500) (798,900) (569,400) (119,700) 90,452 (1,631,048) Others 80,100 4,300 94,000 21,700 (93,279) 106,821 Consolidated net business profit ¥ 437,200 ¥ 150,200 ¥ 477,300 ¥ 301,100 ¥ (163,704) ¥ 1,202,096 Notes: 1. Figures shown in the parenthesis represent the loss. 2. Others includes equity in profit and loss of affiliates and cooperated profit and loss based on internal managerial accounting. 3. Head office account and others includes profit or loss to be eliminated as inter-segment transactions. 10 Table of Contents 2. Difference between total amount of consolidated net business profit by reportable segment and ordinary profit on quarterly consolidated statements of income (adjustment of difference) Nine months ended December 31, 2022 Millions of yen Consolidated net business profit ¥ 1,029,150 Other ordinary income (excluding equity in gains of affiliates) 216,642 Other ordinary expenses (213,183) Ordinary profit on quarterly consolidated statements of income ¥ 1,032,609 Note:Figures shown in the parenthesis represent the loss. Nine months ended December 31, 2023 Millions of yen Consolidated net business profit ¥ 1,202,096 Other ordinary income (excluding equity in gains of affiliates) 225,361 Other ordinary expenses (230,778) Ordinary profit on quarterly consolidated statements of income ¥ 1,196,679 Note:Figures shown in the parenthesis represent the loss. 11 Table of Contents (Notes to financial instruments) There were no significant matters to be disclosed regarding financial instruments. (Notes to securities) The amounts shown in the following tables include negotiable certificates of d