Sumitomo Mitsui Financial Group Inc.

07/30/2021 | Press release | Distributed by Public on 07/30/2021 05:49

Material Event (Form 6-K)

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/ Jun Okahashi

Name: Jun Okahashi
Title: General Manager, Financial Accounting Dept.

Date: July 30, 2021

Table of Contents

July 30, 2021

Sumitomo Mitsui Financial Group, Inc.

Consolidated Financial Results for the Three Months Ended June 30, 2021

Head Office: 1-2, Marunouchi 1-chome,Chiyoda-ku, Tokyo, Japan

Stock Exchange Listings: Tokyo Stock Exchange, Nagoya Stock Exchange, New York Stock Exchange

URL: https://www.smfg.co.jp/english/

President: Jun Ohta

Quarterly Securities Report (Shihanki hokokusho) issuing date: August 13, 2021

Investors meeting presentation for quarterly financial results: Not scheduled

Note: Amounts less than one million yen have been rounded down.

1. Consolidated financial results (for the three months ended June 30, 2021)

(1) Operating results

(Millions of yen, except per share data and percentages)

Ordinary income Ordinary profit Profit attributable to
owners of parent

Three months ended June 30, 2021

¥ 951,725 (1.9 )% ¥ 287,240 143.2 % ¥ 203,243 136.1 %

Three months ended June 30, 2020

970,393 (16.2 ) 118,131 (54.8 ) 86,095 (60.1 )
Notes: 1. Comprehensive income:
(a) for the three months ended June 30, 2021: ¥ 260,319 million [(25.9)%]
(b) for the three months ended June 30, 2020: ¥ 351,424 million [ 112.1%]
2.

Percentages shown in ordinary income, ordinary profit, profit attributable to owners of parent and comprehensive income are the increase (decrease) from the same period in the previous fiscal year.

Earnings per share Earnings per share
(Diluted)

Three months ended June 30, 2021

¥ 148.30 ¥ 148.24

Three months ended June 30, 2020

62.86 62.83

(2) Financial position

(Millions of yen, except percentages)
Total assets Net assets Net assets ratio

June 30, 2021

¥ 240,120,007 ¥ 12,019,698 5.0%

March 31, 2021

242,584,308 11,899,046 4.9
Notes: 1. Stockholders' equity:
(a) as of June 30, 2021: ¥ 11,945,986 million (b) as of March 31, 2021: ¥ 11,826,418 million
2. Net assets ratio = {(Net assets - stock acquisition rights - non-controlling interests) / total assets} X 100

2. Dividends on common stock

(Yen)

Cash dividends per share
1st quarter 2nd quarter 3rd quarter 4th quarter Annual

Fiscal year ended March 31, 2021

¥ - ¥ 95.00 ¥ - ¥ 95.00 ¥ 190.00

Fiscal year ending March 31, 2022

-

Fiscal year ending March 31, 2022 (Forecast)

100.00 - 100.00 200.00
Note: Dividend forecast remains unchanged.

3. Earnings forecast on a consolidated basis (for the fiscal year ending March 31, 2022)

(Millions of yen, except per share data and percentage)

Profit attributable to owners of parent Earnings per share

Fiscal year ending March 31, 2022

¥ 600,000 17.0% ¥ 437.80
Notes: 1. Earnings forecast remains unchanged.
2. Percentage shown in profit attributable to owners of parent is the increase (decrease) from the previous fiscal year.
3. Forecasted earnings per share is calculated by dividing forecasted profit attributable to owners of parent by the number of issued common stocks (excluding treasury stocks) as of June 30, 2021.

Table of Contents

* Notes

(1) There were no changes in material consolidated subsidiaries in the period.

(2) Special accounting methods used for preparing quarterly consolidated financial statements were adopted.

Note: For more details, see page 2 '1. Matters related to summary information (Notes).'

(3) Changes in accounting policies, changes in accounting estimates and restatements

(a) Changes in accounting policies due to application of new or revised accounting standards

: Yes

(b) Changes in accounting policies due to reasons other than above (a)

: No

(c) Changes in accounting estimates

: No

(d) Restatements

: No

Note: For more details, see page 2 '1. Matters related to summary information (Notes).'

(4) Number of shares issued (common stocks)

As of June 30, 2021

As of March 31, 2021

(a) Number of shares issued (including treasury stocks)

1,374,040,061 shares 1,374,040,061 shares

(b) Number of treasury stocks

3,544,263 shares 3,612,302 shares

Three months ended
June 30, 2021

Three months ended
June 30, 2020

(c) Average number of shares issued in the period

1,370,486,421 shares 1,369,568,963 shares

[Note on quarterly review process]

This report is out of the scope of the external auditor's review procedure.

This document contains 'forward-looking statements' (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of Sumitomo Mitsui Financial Group, Inc. ('the Company') and its management with respect to the Company's future financial condition and results of operations. In many cases but not all, these statements contain words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'probability,' 'risk,' 'project,' 'should,' 'seek,' 'target,' 'will' and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; declines in the value of the Company's securities portfolio; incurrence of significant credit-related costs; the Company's ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; and exposure to new risks as the Company expands the scope of its business. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. The Company undertakes no obligation to update or revise any forward-looking statements. Please refer to the Company's most recent disclosure documents such as its annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as its earnings press releases, for a more detailed description of the risks and uncertainties that may affect its financial conditions, its operating results, and investors' decisions.

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Sumitomo Mitsui Financial Group, Inc.

1. Matters related to summary information (Notes)

(1)

Application of special accounting methods used for preparing quarterly consolidated financial statements

The Company and certain domestic consolidated subsidiaries calculated tax expenses by multiplying Income before income taxes by an effective tax rate that was reasonably estimated by applying tax effect accounting to estimated Income before income taxes for the fiscal year ending March 31, 2022 including the period for the three months ended June 30, 2021. Amounts of Income taxes include Income taxes-deferred.

(2)

Changes in accounting policies due to application of new or revised accounting standards

Application of Accounting Standard for Revenue Recognition etc.

The Company applied 'Accounting Standard for Revenue Recognition' (ASBJ Statement No.29, March 31, 2020) etc. from the beginning of the period for the three months ended June 30, 2021, and has recognized revenue in an amount expected to be earned in exchange for goods or services at the time when controls of the promised goods or services are transferred to customers.

As for the application of Accounting standards for Revenue Recognition etc., in accordance with transitional treatment stipulated in the proviso of Paragraph 84 of 'Accounting Standard for Revenue Recognition', the cumulative effects by the retroactive application of the new accounting policy previous to the beginning of the period for the three months ended June 30, 2021 are adjusted to 'Retained earnings' of the beginning of the period for the three months ended June 30, 2021.

As a result, 'Retained earnings' decreased by ¥8,502 million at the beginning of the period for the three months ended June 30, 2021.

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Sumitomo Mitsui Financial Group, Inc.

2. Consolidated financial statements

(1) Consolidated balance sheets

Millions of yen
March 31, 2021 June 30, 2021

Assets:

Cash and due from banks

¥ 72,568,875 ¥ 72,681,889

Call loans and bills bought

2,553,463 2,841,603

Receivables under resale agreements

5,565,119 4,936,834

Receivables under securities borrowing transactions

5,827,448 4,937,235

Monetary claims bought

4,665,244 4,848,405

Trading assets

6,609,195 6,082,985

Money held in trust

309 309

Securities

36,549,043 35,919,669

Loans and bills discounted

85,132,738 84,236,322

Foreign exchanges

2,173,189 2,575,817

Lease receivables and investment assets

236,392 232,420

Other assets

8,590,785 8,621,178

Tangible fixed assets

1,458,991 1,483,830

Intangible fixed assets

738,759 740,332

Net defined benefit asset

565,534 575,970

Deferred tax assets

29,840 32,027

Customers' liabilities for acceptances and guarantees

9,978,396 10,005,586

Reserve for possible loan losses

(659,017) (632,412)

Total assets

¥ 242,584,308 ¥ 240,120,007

Liabilities:

Deposits

¥ 142,026,156 ¥ 141,732,369

Negotiable certificates of deposit

12,570,617 12,376,310

Call money and bills sold

1,368,515 1,611,268

Payables under repurchase agreements

15,921,103 15,018,033

Payables under securities lending transactions

2,421,353 1,265,515

Commercial paper

1,686,404 2,367,935

Trading liabilities

5,357,649 4,092,409

Borrowed money

17,679,690 17,932,656

Foreign exchanges

1,113,037 1,316,671

Short-term bonds

585,000 415,000

Bonds

9,043,031 9,045,849

Due to trust account

2,321,223 2,280,709

Other liabilities

7,741,638 7,829,210

Reserve for employee bonuses

89,522 33,985

Reserve for executive bonuses

4,408 -

Net defined benefit liability

35,334 35,051

Reserve for executive retirement benefits

1,081 883

Reserve for point service program

24,655 24,799

Reserve for reimbursement of deposits

9,982 8,794

Reserve for losses on interest repayment

140,758 130,929

Reserves under the special laws

3,902 3,929

Deferred tax liabilities

532,193 542,888

Deferred tax liabilities for land revaluation

29,603 29,521

Acceptances and guarantees

9,978,396 10,005,586

Total liabilities

230,685,262 228,100,308

Net assets:

Capital stock

2,341,274 2,341,274

Capital surplus

693,205 693,061

Retained earnings

6,492,586 6,557,286

Treasury stock

(13,698) (13,441)

Total stockholders' equity

9,513,367 9,578,181

Net unrealized gains (losses) on other securities

2,094,605 2,106,545

Net deferred gains (losses) on hedges

14,723 13,239

Land revaluation excess

36,251 36,064

Foreign currency translation adjustments

40,390 89,156

Accumulated remeasurements of defined benefit plans

127,080 122,799

Total accumulated other comprehensive income

2,313,051 2,367,804

Stock acquisition rights

1,791 1,557

Non-controlling interests

70,836 72,155

Total net assets

11,899,046 12,019,698

Total liabilities and net assets

¥ 242,584,308 ¥ 240,120,007

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Sumitomo Mitsui Financial Group, Inc.

(2) Consolidated statements of income and consolidated statements of comprehensive income

(Consolidated statements of income)

Millions of yen
Three months ended June 30 2020 2021

Ordinary income

¥ 970,393 ¥ 951,725

Interest income

499,178 442,051

Interest on loans and discounts

369,696 321,811

Interest and dividends on securities

64,159 74,476

Trust fees

1,143 1,237

Fees and commissions

279,735 327,317

Trading income

69,995 67,364

Other operating income

95,532 34,369

Other income

24,809 79,386

Ordinary expenses

852,261 664,484

Interest expenses

180,796 87,808

Interest on deposits

53,401 20,749

Fees and commissions payments

49,991 54,712

Trading losses

978 1,582

Other operating expenses

35,914 36,457

General and administrative expenses

420,908 437,980

Other expenses

163,670 45,943

Ordinary profit

118,131 287,240

Extraordinary gains

37 16

Extraordinary losses

1,346 2,445

Income before income taxes

116,823 284,812

Income taxes

30,758 79,973

Profit

86,064 204,838

Profit attributable to non-controlling interests

(30) 1,595

Profit attributable to owners of parent

¥ 86,095 ¥ 203,243

(Consolidated statements of comprehensive income)

Millions of yen
Three months ended June 30 2020 2021

Profit

¥ 86,064 ¥ 204,838

Other comprehensive income

265,359 55,480

Net unrealized gains (losses) on other securities

277,614 14,503

Net deferred gains (losses) on hedges

3,732 1,606

Foreign currency translation adjustments

(10,602) 26,720

Remeasurements of defined benefit plans

1,610 (4,329)

Share of other comprehensive income of affiliates

(6,995) 16,979

Total comprehensive income

351,424 260,319

Comprehensive income attributable to owners of parent

350,151 258,184

Comprehensive income attributable to non-controlling interests

1,272 2,135

(3) Note on going concern

Not applicable.

(4) Material changes in stockholders' equity

Not applicable.

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Sumitomo Mitsui Financial Group

Financial results

for the three months

ended June 30, 2021

- Supplementary information -

Table of contents

1.

Operating results Consolidated Non-consolidated 1

2.

Interest spread (domestic) Non-consolidated 3

3.

Non-performing loans (NPLs) based on
the Financial Reconstruction Act 		Consolidated Non-consolidated 3

4.

Unrealized gains (losses) on securities Consolidated Non-consolidated 4

5.

Deposits and loans Non-consolidated 5

6.

ROE Consolidated 5

Notes

1. Consolidated : Consolidated figures of Sumitomo Mitsui Financial Group, Inc.

2. Non-consolidated : Non-consolidated figures of Sumitomo Mitsui Banking Corporation ('SMBC')

3. Capital ratio as of June 30, 2021 will be announced when it is fixed.

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Sumitomo Mitsui Financial Group

1. Operating results

Consolidated

(Millions of yen)

Three months
ended
June 30, 2021 (A) 		Change
(A) - (B) 		Three months
ended
June 30, 2020 (B)
Consolidated gross profit 1 691,778 13,876 677,902

Net interest income

2 354,242 35,861 318,381

Trust fees

3 1,237 94 1,143

Net fees and commissions

4 272,604 42,861 229,743

Net trading income

5 65,781 (3,235) 69,016

Net other operating income

6 (2,087) (61,704) 59,617
General and administrative expenses 7 (437,980) (17,072) (420,908)
Equity in gains (losses) of affiliates 8 13,275 8,891 4,384
Consolidated net business profit 9 267,073 5,695 261,378
Total credit cost 10 (10,337) 104,468 (114,805)

Credit costs

11 (29,570) 88,258 (117,828)

Write-off of loans

12 (26,166) 7,867 (34,033)

Provision for reserve for possible loan losses

13 - 83,341 (83,341)

Others

14 (3,404) (2,951) (453)
Gains on reversal of reserve for possible loan losses 15 10,477 10,477 -

Recoveries of written-off claims

16 8,756 5,734 3,022
Gains (losses) on stocks 17 40,361 41,108 (747)
Other income (expenses) 18 (9,857) 17,836 (27,693)
Ordinary profit 19 287,240 169,109 118,131
Extraordinary gains (losses) 20 (2,428) (1,120) (1,308)

Gains (losses) on disposal of fixed assets

21 (610) (501) (109)

Losses on impairment of fixed assets

22 (1,790) (810) (980)
Income before income taxes 23 284,812 167,989 116,823
Income taxes 24 (79,973) (49,215) (30,758)
Profit 25 204,838 118,774 86,064
Profit attributable to non-controlling interests 26 (1,595) (1,625) 30
Profit attributable to owners of parent 27 203,243 117,148 86,095

Notes: 1.  Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.

2.   Consolidated gross profit = (Interest income - Interest expenses) + Trust fees + (Fees and commissions - Fees and commissions payments)

+ (Trading income - Trading losses) + (Other operating income - Other operating expenses)

3.   Amounts of Income taxes include Income taxes-deferred.

Number of consolidated subsidiaries and affiliates

June 30, 2021 March 31, 2021
Change
Consolidated subsidiaries 28 178 1 177
Equity method affiliates 29 104 6 98

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Sumitomo Mitsui Financial Group

SMBC non-consolidated (Millions of yen)
Three months
ended
June 30, 2021 (A) 		Change
(A) - (B) 		Three months
ended
June 30, 2020 (B)
Gross banking profit 1 348,755 (22,601) 371,356

Net interest income

2 235,946 26,271 209,675

Trust fees

3 481 38 443

Net fees and commissions

4 81,022 10,882 70,140

Net trading income

5 23,548 (5,359) 28,907

Net other operating income

6 7,755 (54,433) 62,188

Gains (losses) on bonds

7 10,153 (53,528) 63,681
Expenses (excluding non-recurring losses) 8 (207,799) (3,987) (203,812)

Personnel expenses

9 (82,247) 66 (82,313)

Non-personnel expenses

10 (110,978) (3,938) (107,040)

Taxes

11 (14,573) (114) (14,459)
Banking profit (before provision for general reserve for possible loan losses) 12 140,956 (26,587) 167,543
Gains (losses) on bonds 13 10,153 (53,528) 63,681

Core banking profit (12-13)

14 130,802 26,940 103,862

excluding gains (losses) on cancellation of investment trusts

15 112,233 16,364 95,869
Provision for general reserve for possible loan losses 16 - 40,761 (40,761)
Banking profit 17 140,956 14,174 126,782
Non-recurring gains (losses) 18 33,239 85,595 (52,356)

Credit costs

19 (2,425) 29,006 (31,431)

Gains on reversal of reserve for possible loan losses

20 11,250 11,250 -

Recoveries of written-off claims

21 5,145 5,142 3

Gains (losses) on stocks

22 38,779 40,283 (1,504)

Gains on sales of stocks

23 40,688 29,402 11,286

Losses on sales of stocks

24 (318) 738 (1,056)

Losses on devaluation of stocks

25 (1,590) 10,144 (11,734)

Other non-recurring gains (losses)

26 (19,510) (87) (19,423)
Ordinary profit 27 174,195 99,770 74,425
Extraordinary gains (losses) 28 (2,209) (1,275) (934)

Gains (losses) on disposal of fixed assets

29 (499) (456) (43)

Losses on impairment of fixed assets

30 (1,710) (820) (890)
Income before income taxes 31 171,986 98,495 73,491
Income taxes 32 (55,464) (35,185) (20,279)
Net income 33 116,521 63,309 53,212
Total credit cost (16+19+20+21) 34 13,970 86,158 (72,188)

Provision for general reserve for possible loan losses

35 4,645 45,406 (40,761)

Write-off of loans

36 (10) 21,602 (21,612)

Provision for specific reserve for possible loan losses

37 6,608 16,039 (9,431)

Losses on sales of delinquent loans

38 (2,415) (2,028) (387)

Provision for loan loss reserve for specific overseas countries

39 (2) (2) (0)

Recoveries of written-off claims

40 5,145 5,142 3
Notes: 1. Amounts less than 1 million yen are rounded down. Figures in parenthesis indicate the amount of loss or decrease.
2. Amounts of Income taxes include Income taxes-deferred.

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Sumitomo Mitsui Financial Group

2. Interest spread (domestic)

SMBC non-consolidated

(%)

Three months

ended
June 30, 2021 (A)

Three months
ended
June 30, 2020 (B)

Change
(A) - (B)

Interest earned on loans and bills discounted (a)

0.85 0.01 0.84
Interest paid on deposits, etc. (b) 0.00 (0.00) 0.00
Interest spread (a) - (b) 0.85 0.01 0.84
Reference: After excluding loans to the Japanese government, etc.

Interest earned on loans and bills discounted (c)

0.86 (0.01) 0.87
Interest spread (c) - (b) 0.86 (0.01) 0.87

3. Non-performing loans (NPLs) based on the Financial Reconstruction Act

Consolidated

(Billions of yen)

June 30, 2021 March 31, 2021
Change from March 31, 2021

Bankrupt and quasi-bankrupt assets

1 110.2 (17.9) 128.1

Doubtful assets

2 400.5 8.3 392.2

Substandard loans

3 404.4 (41.9) 446.2

Total (A)

4 915.1 (51.5) 966.5

Normal assets

5 97,864.2 (295.0) 98,159.2

Grand total (B)

6 98,779.2 (346.5) 99,125.7

(%)

NPL ratio (A/B)

7 0.93 (0.05) 0.98

Amount of direct reduction

160.7 (2.5) 163.2

SMBC non-consolidated

(Billions of yen)

June 30, 2021 March 31, 2021
Change from March 31, 2021

Bankrupt and quasi-bankrupt assets

8 96.2 (16.5) 112.7

Doubtful assets

9 297.3 (9.0) 306.3

Substandard loans

10 206.6 (2.2) 208.8

Total (A)

11 600.1 (27.7) 627.8

Normal assets

12 94,857.8 (569.0) 95,426.7

Grand total (B)

13 95,457.9 (596.7) 96,054.5

(%)

NPL ratio (A/B)

14 0.63 (0.02) 0.65

Amount of direct reduction

110.9 (4.4) 115.3
Note: NPLs based on the Financial Reconstruction Act include loans, acceptances and guarantees, suspense payments, and other credit-type assets.

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Sumitomo Mitsui Financial Group

4. Unrealized gains (losses) on securities

Consolidated

(Billions of yen)

June 30, 2021 March 31, 2021
Balance sheet amount Net unrealized gains (losses)
Balance sheet
amount
Net unrealized gains (losses)

Change from March 31, 2021

Gains Losses
Held-to-maturity securities 1 22.3 0.0 0.1 0.0 0.0 22.3 (0.1)
Other securities 2 35,779.4 2,949.5 17.7 3,091.6 142.1 36,411.2 2,931.8
Stocks 3 3,618.5 2,216.1 (39.5) 2,246.3 30.2 3,693.3 2,255.6
Bonds 4 17,416.0 17.6 9.6 32.1 14.5 17,655.2 8.0
Japanese government bonds 5 13,908.5 (8.5) 5.6 2.7 11.2 14,293.6 (14.1)

Others

6 14,744.9 715.8 47.7 813.2 97.4 15,062.7 668.2
Foreign bonds 7 11,676.1 16.9 15.5 108.3 91.5 12,110.1 1.3
Other money held in trust 8 0.3 - - - - 0.3 -
Total 9 35,802.0 2,949.5 17.8 3,091.7 142.1 36,433.8 2,931.8
Stocks 10 3,618.5 2,216.1 (39.5) 2,246.3 30.2 3,693.3 2,255.6
Bonds 11 17,438.3 17.6 9.7 32.2 14.5 17,677.5 8.0
Others 12 14,745.2 715.8 47.7 813.2 97.4 15,063.0 668.2
SMBC non-consolidated

(Billions of yen)

June 30, 2021 March 31, 2021
Balance sheet amount Net unrealized gains (losses)
Balance sheet
amount
Net unrealized gains (losses)

Change from March 31, 2021

Gains Losses
Held-to-maturity securities 13 22.3 0.0 0.1 0.0 0.0 22.3 (0.1)
Stocks of subsidiaries and affiliates 14 4,856.5 (128.5) (8.4) 4.7 133.2 4,239.1 (120.2)

Other securities

15 32,274.5 2,377.4 (15.7) 2,511.3 134.0 33,009.9 2,393.1
Stocks 16 3,440.2 2,141.7 (33.1) 2,169.8 28.1 3,509.6 2,174.7

Bonds

17 17,326.2 17.4 9.5 32.0 14.5 17,571.2 7.9
Japanese government bonds 18 13,903.5 (8.5) 5.6 2.7 11.2 14,288.6 (14.1)

Others

19 11,508.2 218.3 7.8 309.6 91.3 11,929.0 210.4
Foreign bonds 20 9,013.6 (22.2) 18.5 63.5 85.7 9,516.3 (40.7)
Total 21 37,153.3 2,248.9 (24.0) 2,516.0 267.2 37,271.3 2,272.9
Stocks 22 3,903.0 2,142.4 (33.1) 2,170.6 28.1 3,972.9 2,175.5
Bonds 23 17,348.5 17.5 9.6 32.0 14.5 17,593.5 7.9
Others 24 15,901.8 89.0 (0.5) 313.5 224.5 15,704.9 89.5
Notes: 1. The figures above include negotiable certificates of deposit in 'Cash and due from banks' and beneficiary claims on loan trust in 'Monetary claims bought.'
2. The net unrealized gains (losses) are measured based on market prices of the securities as of the balance sheet date.
3.

Other securities and Other money held in trust are measured at market prices. Unrealized gains (losses) indicate the difference between the acquisition costs (or amortized costs) and the balance sheet amounts.

Net unrealized gains (losses) on Other securities include gains (losses) which are recognized in the statements of income by applying fair value hedge accounting and accordingly not recorded directly to Net assets. Losses of 5.8 billion yen and gains of 0.4 billion yen were recognized in the statements of income for the three months ended June 30, 2021 and for the year ended March 31, 2021 respectively.

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Sumitomo Mitsui Financial Group

5. Deposits and loans

SMBC non-consolidated (Billions of yen)
June 30, 2021 March 31, 2021

Change from

March 31, 2021

Domestic deposits

113,593.0 920.8 112,672.3

Individual

54,525.5 1,113.9 53,411.6

Note : The figures above exclude negotiable certificates of deposit and Japan offshore banking accounts.

Loans and bills discounted

81,052.0 (885.7) 81,937.7
Domestic offices (excluding offshore banking accounts) 55,971.4 (938.0) 56,909.4
Overseas offices and offshore banking accounts 25,080.6 52.3 25,028.3

6. ROE

Consolidated (%)

Three months ended

June 30, 2021

Three months ended

June 30, 2020

Change
ROE (denominator: Total stockholders' equity) 8.5 4.8 3.7

Note:

(Profit attributable to owners of parent) X (Number of days in a year (365 days)) /

ROE

=

(Number of days in the period (91 days)) X 100
{(Total stockholders' equity at the beginning of the period) + (Total stockholders' equity at the end of the period)} / 2

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