Sumitomo Mitsui Financial Group Files 6-K Report

TL;DR

SMFG filed a standard 6-K, nothing major but keeps investors updated.

AI Summary

Sumitomo Mitsui Financial Group, Inc. filed a Form 6-K on June 27, 2024, for the month of June 2024. This report is filed under the 1934 Securities Exchange Act, indicating it's a report of a foreign private issuer. The company is incorporated in Japan and its fiscal year ends on March 31.

Why It Matters

This filing provides routine updates for investors and regulators regarding the company's status as a foreign private issuer. It ensures ongoing compliance with US securities laws.

Risk Assessment

Risk Level: low — This is a routine filing for a foreign private issuer and does not contain specific financial results or material events.

Key Players & Entities

• SUMITOMO MITSUI FINANCIAL GROUP, INC. (company) — Filer
• 0001193125-24-169575 (accession_number) — Filing identifier
• 20240627 (date) — Filing date
• 001-34919 (sec_file_number) — SEC file number

FAQ

Key Financial Figures

• $84,525 — ing of the fiscal year $ 8 $ 724 $84,525 Changes in the fiscal year Issuance
• $97,799 — end of the fiscal year $ 6 $ 918 $97,799 11 Table of Contents CONSOLIDATED
• $438,646 — yen;65,864,248 *1 ¥66,380,330 $438,646 13 Table of Contents NOTES TO CON

Filing Documents

• d824831d6k.htm (6-K) — 2482KB
• 0001193125-24-169575.txt ( ) — 2483KB

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: June 27, 2024 Table of Contents AUDITED CONSOLIDATED JAPANESE GAAP FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED MARCH 31, 2023 AND 2024 On June 21, 2024, we published our consolidated financial statements as of and for the years ended March 31, 2023 and 2024 prepared in accordance with accounting principles generally accepted in Japan, or Japanese GAAP, as part of our annual securities report ( yukashoken hokokusho ) for the year ended March 31, 2024 filed by us with the relevant Japanese authorities. This document includes such audited consolidated financial statements and the notes thereto. 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 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEETS Millions of yen Millions of U.S. dollars March 31 2023 2024 2024 Assets: Cash and due from banks *5 ¥ 75,913,960 *5 ¥ 78,143,100 $ 516,375 Call loans and bills bought 5,684,812 5,333,883 35,247 Receivables under resale agreements 5,785,945 8,525,688 56,338 Receivables under securities borrowing transactions 5,576,612 6,799,541 44,932 Monetary claims bought 5,558,287 6,103,091 40,330 Trading assets *2,*5 8,751,204 *2,*5 11,540,063 7

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Basis of presentation) Sumitomo Mitsui Financial Group, Inc. (the Company) was established on December 2, 2002 as a holding company for the SMBC Group (the Group) through a statutory share transfer ( kabushiki iten ) of all of the outstanding equity securities of Sumitomo Mitsui Banking Corporation (SMBC) in exchange for the Companys newly issued securities. The Company is a joint stock corporation with limited liability ( Kabushiki Kaisha ) incorporated under the Companies Act of Japan. Upon formation of the Company and completion of the statutory share transfer, SMBC became a direct wholly owned subsidiary of the Company. The Company has prepared the accompanying consolidated financial GAAP), which are different in certain respects as to application and disclosure requirements from International Financial Reporting Standards (IFRS). The accounts of overseas subsidiaries and affiliated companies are, in principle, integrated with those of the Companys accounting policies for purposes of consolidation unless they apply different accounting principles and standards as required under U.S. GAAP or IFRS, in which case a certain limited number of items are adjusted based on their materiality. These consolidated financial statements are translated from the consolidated financial statements contained in the annual securities report filed under the Financial Instrument and Exchange Act of Japan (FIEA based financial statements) except for the addition of the non-consolidated financial statements and U.S. dollar figures. Amounts less than ¥1 million have been rounded down. As a result, the totals in Japanese yen shown in the financial statements do not necessarily agree with the sum of t

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View this 6-K filing on SEC EDGAR