Sumitomo Mitsui Financial
SMFG
About: 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.
Employees: 132,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
7,571% more call options, than puts
Call options by funds: $49.2M | Put options by funds: $642K
74% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 31
31% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 116
3% more funds holding
Funds holding: 356 [Q1] → 368 (+12) [Q2]
1% less capital invested
Capital invested by funds: $1.81B [Q1] → $1.8B (-$9.58M) [Q2]
1.18% less ownership
Funds ownership: 3.02% [Q1] → 1.84% (-1.18%) [Q2]
Financial journalist opinion