v3.26.1
Share-based Payment (Tables)
12 Months Ended
Mar. 31, 2026
Text Block1 [Abstract]  
Significant Terms and Conditions of Stock Option Plan The following table provides an overview of the significant terms and conditions of the stock option plan.
 
   
Title of grantees
 
Exercise period
 
Requisite service period
 
Method of settlement
SMFG Stock Acquisition Rights
  Directors, corporate auditors and executive officers of SMFG and SMBC   Not exceeding 30 years from the date of allocation of stock acquisition rights
(1)
  One year from the date of the ordinary general meeting of shareholders of SMFG to the closing of the next ordinary general meeting of shareholders of SMFG   Common stock of SMFG
 
(1)
A stock acquisition rights holder can exercise the rights from the day they are relieved of their positions either as a director, a corporate auditor or an executive officer (“Start of Exercise Date”) to 20 years from the Start of Exercise Date.
Number and Weighted Average Exercise Prices of Stock Options
The number and the weighted average exercise prices of stock options for the fiscal years ended March 31, 2026 and 2025 were as follows:
 

 
  
For the fiscal year ended March 31,
 
 
  
2026
 
  
2025
 
 
  
Number of
options
(1)
 
 
Weighted
average
exercise price
 
  
Number of
options
(1)
(2)
 
 
Weighted
average
exercise price
 
Outstanding at beginning of period
     863,700      ¥ 1        1,070,400     ¥ 1  
Exercised
     (169,800      1        (206,700     1  
  
 
 
    
 
 
    
 
 
   
 
 
 
Outstanding at end of period
     693,900      ¥ 1        863,700     ¥ 1  
  
 
 
    
 
 
    
 
 
   
 
 
 
Exercisable at end of period
     644,400      ¥ 1        726,600     ¥ 1  
 
(1)
Number of options is the number of SMFG’s common stock granted by the exercise of stock options.
(2)
As resolved by the board of directors on May 15, 2024, the Company implemented a stock split of its common stock (the “2024 Stock Split”) with an effective date of October 1, 2024, whereby each share of common stock owned by shareholders listed or recorded in the closing register of shareholders on the record date of September 30, 2024 was split into three shares. Number of options is calculated based on the assumption that the 2024 Stock Split had been implemented at the beginning of the fiscal year ended March 31, 2025.
Summarized Information about Stock Options Outstanding
Summarized information about stock options outstanding at March 31, 2026 and 2025 was as follows:
 

 
  
 
 
  
At March 31,
 
 
  
 
 
  
2026
 
  
2025
 
 
  
Exercise
price
 
  
Number of
options
 
  
Remaining
contractual lives
in years
 
  
Number of
options
(1)
 
  
Remaining
contractual lives
in years
 
SMFG Stock Acquisition Rights
   ¥ 1        693,900        16.8        863,700        18.0  
 
(1)
Number of options is calculated based on the assumption that the 2024 Stock Split had been implemented at the beginning of the fiscal year ended March 31, 2025.
Summary of Restricted Shares
The number of restricted shares and the fair value of restricted shares at the measurement date for the fiscal years ended March 31, 2026 and 2025 were as follows:
 

 
  
For the fiscal year ended March 31,
 
 
  
2026
 
 
2025
 
Outstanding at beginning of period
(1)
     3,748,518        3,362,025  
Allotted
(1)
     513,282        1,025,706  
Released
(1)
     (565,801 )      (639,213
Forfeited
(1)
     (4,775       
  
 
 
    
 
 
 
Outstanding at end of period
(1)
     3,691,224          3,748,518  
  
 
 
    
 
 
 
Fair value at measurement date
(1)
   ¥ 3,614      ¥ 3,748  
  
 
 
    
 
 
 
 
(1)
Number of restricted shares and fair value at measurement date are calculated based on the assumption that the 2024 Stock Split had been implemented at the beginning of the fiscal year ended March 31, 2025.