The Tokyo-based Sumitomo Mitsui Financial Group Inc is a multinational Japanese holding company engaged in retail, corporate, and investment banking services.
The clientele base includes public sector entities, small and medium-sized enterprises, and individuals.
The company operates under different segments such as commercial banking, leasing, securities, consumer finance, etc.
Commercial Banking Segment
The firm provides comprehensive range of banking services, including consumer, middle market, wholesale, retail & international banking, and treasury services through this segment.
The Japanese organization provides various leasing services for equipment, leverages, aircraft operating leases, and other related operations.
The company provides various financial services such as consultation, administrative services, and financial products to its customers, including individual and corporate clients.
Under the head office management segment, the financial company focuses on system development, information processing and related operations of the business.
The multinational financial group also provides investment management services.
The company was established as joint stock corporation in December 2002, with Chiyoda-ku, Tokyo as the head office.
The holding company operates through the following subsidiaries and affiliates:
• SMBC Rail services, LLC
• Sumitomo Mitsui Banking Corporation or SMBC
• SMBC Bank EU AG
• SMBC Aviation Capital
• SMB China Company Ltd
• Manufacturer's Bank
• Russia SMBC
• SMB Malaysia
• SMBC Lease Finance Company
• Brazil Sumitomo Mitsui Banking Corp
The financial services firm has business operation in 40 countries across the globe. The group also claims to have strong market presence in leading international financial centers.
The Japanese financial group is listed on various stock exchanges such as Tokyo Stock Exchange, New York Stock Exchange (NYSE) and Nagoya Stock Exchange.
The ARDs trade under the symbol ‘SMFG’ on NYSE.
The Japan-based financial company is also included in the Nikkei 225 and TOPIX Core30 components. In addition, it was reportedly among the leading companies in the Forbes Global 2000 list for 2021.
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan