News Release


[Sumitomo Mitsui Financial Group, Inc.]Correction in the Earnings Release for the Fiscal Year ended March 31, 2008(1/1)

 

 

Correction in the Earnings Release for the Fiscal Year ended March 31, 2008

 

 

 

TOKYO , August 14, 2008 --- Sumitomo Mitsui Financial Group, Inc. announced today the following corrections in the earnings release announced on May 16, 2008.

 

 

I. Financial Results for the Fiscal Year ended March 31, 2008

 

Page 1

1. Consolidated Financial Results (for the fiscal year ended March 31, 2008)

(2) Financial Position

        Capital Ratio

 

(Before correction)     (Preliminary) 10.55%

(After correction)                  10.56%

 

Page 5

I. Operating and Financial Review

2. Consolidated Financial Position as of March 31, 2008

 

(Before correction)

(4) Capital Ratio (preliminary)

Capital ratio was 10.55% on a consolidated basis.

 

(After correction)

(4) Capital Ratio

Capital ratio was 10.56% on a consolidated basis.

 

 


II. Supplementary Information

 

Page 7

9. Capital Ratio <Consolidated>

 

(Before correction)

(Billions of yen, %)

 

 

Mar.31, 2008

 

Mar.31, 2007

 

 

[Preliminary]

Change

 

(1)

Capital ratio

10.55

(0.76)

11.31

 

Tier I ratio

6.94

0.50

6.44

(2)

Tier I

4,381.5

478.2

3,903.3

(3)

Tier II

3,021.9

(618.3)

3,640.2

(4)

Subtraction items

737.8

47.0

690.8

(5)

Total capital   (2) + (3) - (4)

6,665.5

(187.2)

6,852.7

(6)

Risk-adjusted assets

63,121.0

2,580.7

60,540.3

(7)

Required capital   (6) X 8%

5,049.7

206.5

4,843.2

 

 

 

 

 

<SMBC consolidated>

 

 

(%)

Capital ratio (BIS Guidelines)

12.19

(0.76)

12.95

 

 

 

 

 

<SMBC Non-consolidated>

 

 

(%)

Capital ratio (BIS Guidelines)

12.67

(0.78)

13.45

 

(After correction)

(Billions of yen, %)

 

 

Mar.31, 2008

 

Mar.31, 2007

 

 

 

Change

 

(1)

Capital ratio

10.56

(0.75)

11.31

 

Tier I ratio

6.94

0.50

6.44

(2)

Tier I

4,381.5

478.2

3,903.3

(3)

Tier II

3,021.9

(618.3)

3,640.2

(4)

Subtraction items

737.8

47.0

690.8

(5)

Total capital   (2) + (3) - (4)

6,665.5

(187.2)

6,852.7

(6)

Risk-adjusted assets

63,117.3

2,577.0

60,540.3

(7)

Required capital   (6) X 8%

5,049.4

206.2

4,843.2

 

 

 

 

 

<SMBC consolidated>

 

 

(%)

Capital ratio (BIS Guidelines)

12.19

(0.76)

12.95

 

 

 

 

 

<SMBC Non-consolidated>

 

 

(%)

Capital ratio (BIS Guidelines)

12.67

(0.78)

13.45

 




To News Release Top Page

Go to top of page