About SMFG
SMFG is a company based in Tokyo (Japan) founded in 2002.. The company has 122,980 employees as of March 31, 2024. SMFG has completed 3 acquisitions, including Flagship Rail, Fullerton India and TT Int. SMFG operates in a competitive market with competitors including UniCredit, Scotiabank, Bank of America, Aozora Bank and Shinsei Bank, among others.
- Headquarter Tokyo, Japan
- Employees 122980 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sumitomo Mitsui Financial Group, Inc.
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Annual Revenue
$63.27 B (USD)10.7as on Mar 31, 2024
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Net Profit
$7.52 B (USD)22.54as on Mar 31, 2024
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EBITDA
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Latest Funding Round
$494.43 K (USD), Post-IPO
Jul 25, 2024
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Investors
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Employee Count
122980
as on Mar 31, 2024
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Investments & Acquisitions
Flagship Rail
& 2 more
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IPO & Listings of SMFG
SMFG is a publicly listed company on the TSE with ticker symbol 8316 in Japan, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
25 people
Leadership Team
18 people
Group Team
7 people
Finance and Accounting
6 people
Human Resources and Administration
6 people
Data Analysis and Operations Team
4 people
Senior Team
2 people
Product Management Team
2 people
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Funding Insights of SMFG
- Total Funding Total Funding
- Total Rounds 8
- Last Round Post-IPO — $494,434
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First Round
First Round
(03 Aug 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Post-IPO - SMFG | Valuation |
investors |
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| Jul, 2023 | Amount | Post-IPO - SMFG | Valuation |
investors |
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| Jul, 2021 | Amount | Post-IPO - SMFG | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SMFG
SMFG has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Flagship Rail, Fullerton India and TT Int. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Real estate financing and related lending services are provided.
|
2007 | ||||
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Diversified investment management services are provided by TT International.
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1988 | ||||
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Provider of rail leasing services
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SMFG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smfg Comparisons
Competitors of SMFG
SMFG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UniCredit, Scotiabank, Bank of America, Aozora Bank and Shinsei Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided internationally by Scotiabank.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial banking services are offered to individuals and businesses.
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| domain | founded_year | HQ Location |
Commercial banking services including loans, deposits, and investments are provided.
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| domain | founded_year | HQ Location |
Commercial banking services including deposits, loans, and securities are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smfg
Frequently Asked Questions about SMFG
When was SMFG founded?
SMFG was founded in 2002 and raised its 1st funding round 16 years after it was founded.
Where is SMFG located?
SMFG is headquartered in Tokyo, Japan. It is registered at Tokyo, Tokyo, Japan.
Who is the current CEO of SMFG?
Toru Nakashima is the current CEO of SMFG.
How many employees does SMFG have?
As of Mar 31, 2024, the latest employee count at SMFG is 122,980.
What is the annual revenue of SMFG?
Annual revenue of SMFG is $63.27B as on Mar 31, 2024.
What does SMFG do?
Sumitomo Mitsui Financial Group was established in 2002 and is headquartered in Chiyoda-ku, Japan. Operations are focused on the financial sector, where personal banking, corporate banking, investment banking, investment management, credit card services, wealth management, and mortgage services are offered. The group serves clients across various regions, with leadership provided by CEO Toru Nakashima. Annual revenues reached 11.75 billion in 2022, alongside a net profit of 1.31 billion.
Who are the top competitors of SMFG?
SMFG's top competitors include Scotiabank, Bank of America and UniCredit.
Is SMFG publicly traded?
Yes, SMFG is publicly traded on TSE under the ticker symbol 8316.
How many acquisitions has SMFG made?
SMFG has made 3 acquisitions, including Flagship Rail, Fullerton India, and TT Int.
What is SMFG's ticker symbol?
The ticker symbol of SMFG is 8316 on TSE.
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