Financial Risk Management (Tables)

12 Months Ended

Mar. 31, 2026

Maximum Exposure to Credit Risk before Collateral Held or Other Credit Enhancements

The following table shows the maximum exposure to credit risk before taking into account any collateral held or other credit enhancements at March 31, 2026 and 2025.


	At March 31,
	2026		2025

	(In millions)
Credit risk exposures relating to assets on the consolidated statements of financial position:
Deposits with banks	¥	73,623,887	¥	75,754,246
Call loans and bills bought		7,885,057		5,200,789
Reverse repurchase agreements and cash collateral on securities borrowed		25,468,742		22,076,009
Trading assets		6,476,194		5,511,465
Derivative financial instruments		10,093,100		8,313,016
Financial assets at fair value through profit or loss		2,620,759		2,820,665
Investment securities:
Debt instruments at amortized cost		4,763,716		366,997
Debt instruments at FVOCI		23,268,702		28,008,280
Loans and advances		130,516,241		125,190,819
Other financial assets		11,876,173		7,061,639
Credit risk exposures relating to off-balance sheet items (1) :
Loan commitments		100,314,339		91,810,227
Financial guarantees and other credit-related contingent liabilities		17,033,173		15,139,799

Total	¥	413,940,083	¥	387,253,951

(1)	The off-balance sheet items represent the nominal amounts of undrawn loan commitments, financial guarantees and other credit-related contingent liabilities.

Financial Effect of Collateral and Other Credit Enhancements on Loans and Advances for Borrowers Requiring Caution and Impaired Loans and Advances

The following table shows the financial effect of collateral and other credit enhancements on impaired loans and advances at March 31, 2026 and 2025. The maximum collateral amounts included in the disclosure are limited to the carrying value of loans and advances where the credit exposure is over-collateralized.


	At March 31,
	2026		2025

	(In millions)
Impaired loans and advances	¥	1,583,138	¥	1,290,812
Financial effect of collateral and other credit enhancements		518,563		333,383

Loans and Advances by Geographical Sector

An analysis of concentrations of credit risk from loans and advances by geographical sector and industry sector at March 31, 2026 and 2025 is shown below. The concentration by geographical sector is measured based on the domicile of the borrower.

Geographical sector


	At March 31,
	2026			2025
	(In millions)

Domestic	¥	77,971,747		¥	73,240,162
Foreign:
Americas		21,886,240			21,777,691
Europe		11,595,933			10,920,043
Asia		13,565,007			13,432,099
Others		7,337,296			7,454,279

Total foreign		54,384,476			53,584,112

Gross loans and advances		132,356,223			126,824,274
Adjust: Unearned income, unamortized premiums—net and deferred loan fees—net		(603,143	)		(530,933	)
Less: Allowance for loan losses		(1,236,839	)		(1,102,522	)

Carrying amount	¥	130,516,241		¥	125,190,819

Loans and Advances by Industry Sector

Industry sector


	At March 31,
	2026			2025

	(In millions)
Domestic:
Manufacturing	¥	13,931,412		¥	12,299,303
Agriculture, forestry, fisheries and mining		311,089			254,820
Construction		1,271,543			1,118,001
Transportation, communications and public enterprises		7,182,198			6,795,140
Wholesale and retail		7,315,429			6,413,857
Finance and insurance		4,149,868			3,962,719
Real estate and goods rental and leasing		19,246,697			18,144,037
Services		5,618,473			5,277,710
Municipalities		1,002,243			583,750
Lease financing		16,878			21,154
Consumer (1)		17,214,182			16,806,507
Others		711,735			1,563,164

Total domestic		77,971,747			73,240,162

Foreign:
Public sector		940,526			664,085
Financial institutions		12,694,870			12,415,685
Commerce and industry		31,880,801			32,682,288
Lease financing		257,665			300,322
Others		8,610,614			7,521,732

Total foreign		54,384,476			53,584,112

Gross loans and advances		132,356,223			126,824,274
Adjust: Unearned income, unamortized premiums—net and deferred loan fees—net		(603,143	)		(530,933	)
Less: Allowance for loan losses		(1,236,839	)		(1,102,522	)

Carrying amount	¥	130,516,241		¥	125,190,819

(1)	The balance in Consumer mainly consists of housing loans. The housing loan balances amounted to ¥10,857,602 million and ¥11,120,139 million at March 31, 2026 and 2025, respectively.

Disaggregation of Structured Finance Loans and Advances

The following tables show a disaggregation of the structured finance loans and advances balances, where the repayment source is limited to the cash flows generated by a particular business or asset, and the balances of secured or unsecured consumer loans at March 31, 2026 and 2025. These loans and advances are included in the preceding tables.

Structured finance:


	At March 31,
	2026		2025

	(In millions)
Real estate finance	¥	7,073,251	¥	6,235,358
Project finance		7,627,299		7,028,222
Other structured finance		513,656		532,616

Total structured finance	¥	15,214,206	¥	13,796,196

Secured and Unsecured Consumer Loans

Consumer:


	At March 31,
	2026		2025

	(In millions)
Secured loans (1)	¥	11,567,151	¥	11,598,044
Unsecured loans		5,647,031		5,208,463

Total consumer	¥	17,214,182	¥	16,806,507

(1)	The secured loans and advances mainly represent housing loans. The housing loan balances amounted to ¥10,857,602 million and ¥11,120,139 million at March 31, 2026 and 2025, respectively.

Summary of Loans and Advances at Amortized Cost

The following tables set forth information about the gross carrying amount of financial assets and the exposure to credit risk on loan commitments and financial guarantee contracts by stage allocation and internal rating grades of SMBC. Refer to Note 2 “Summary of Material Accounting Policies” for information on stage allocation. Also refer to Note 47 “Financial Risk Management” for information on obligor grading system of SMBC.


	At March 31, 2026
	12-month ECL			Lifetime ECL not credit- impaired			Lifetime ECL credit- impaired			Total

	(In millions)
Loans and advances at amortized cost:
Normal
J1-6	¥	58,797,982		¥	235,237		¥	—		¥	59,033,219
G1-6		42,397,402			804,699			—			43,202,101
Japanese government and local municipal corporations		1,890,955			—			—			1,890,955
Other (1)		25,236,402			79,329			—			25,315,731
Requiring caution
J7		—			514,318			—			514,318
G7		—			584,109			—			584,109
Other (1)		—			232,652			—			232,652
Impaired (2)		—			—			1,583,138			1,583,138

Gross loans and advances		128,322,741			2,450,344			1,583,138			132,356,223
Adjust: Unearned income, unamortized premiums—net and deferred loan fees—net											(603,143	)
Less: Allowance for loan losses		(295,235	)		(194,947	)		(746,657	)		(1,236,839	)

Carrying amount										¥	130,516,241

(1)	The balance of “Other” includes housing loans, which amounted to ¥10,799,128 million and ¥12,719 million for the borrower category of Normal and Requiring Caution, respectively.

(2)	“Impaired” refers to loans and advances to borrowers with obligor grades not higher than 7R.


	At March 31, 2025
	12-month ECL			Lifetime ECL not credit- impaired			Lifetime ECL credit-impaired			Total

	(In millions)
Loans and advances at amortized cost:
Normal
J1-6	¥	53,549,667		¥	188,938		¥	—		¥	53,738,605
G1-6		41,787,148			987,678			—			42,774,826
Japanese government and local municipal corporations		2,341,701			—			—			2,341,701
Other (1)		24,805,495			73,524			—			24,879,019
Requiring caution
J7		—			708,530			—			708,530
G7		—			841,851			—			841,851
Other (1)		—			248,930			—			248,930
Impaired (2)		—			—			1,290,812			1,290,812

Gross loans and advances		122,484,011			3,049,451			1,290,812			126,824,274
Adjust: Unearned income, unamortized premiums—net and deferred loan fees—net											(530,933	)
Less: Allowance for loan losses		(295,352	)		(251,680	)		(555,490	)		(1,102,522	)

Carrying amount										¥	125,190,819

(1)	The balance of “Other” includes housing loans, which amounted to ¥11,052,547 million and ¥14,461 million for the borrower category of Normal and Requiring Caution, respectively.

(2)	“Impaired” refers to loans and advances to borrowers with obligor grades not higher than 7R.

Modified loans and advances that were subject to lifetime ECL measurement amounted to ¥156,245 million and ¥309,531 million for the fiscal years ended March 31, 2026 and 2025, respectively. The net modification gain or loss is not material.


	At March 31, 2026
	12-month ECL		Lifetime ECL not credit- impaired		Lifetime ECL credit-impaired		Total

	(In millions)
Loan commitments and financial guarantees (1) :
Gross carrying amount	¥	56,582,932	¥	746,332	¥	140,713	¥	57,469,977
Allowance for off-balance sheet items		59,058		31,234		20,887		111,179


	At March 31, 2025
	12-month ECL		Lifetime ECL not credit- impaired		Lifetime ECL credit-impaired		Total

	(In millions)
Loan commitments and financial guarantees (1) :
Gross carrying amount	¥	51,258,693	¥	998,202	¥	81,588	¥	52,338,483
Allowance for off-balance sheet items		52,716		53,736		10,990		117,442

(1)	Loan commitments are the undrawn components of loan commitments on which ECL can be separately identified from those on the drawn components.

Movements in ECL allowance

The following tables show reconciliations from the opening balance to the closing balance of the ECL allowance by class of financial instrument.


	12-month ECL			Lifetime ECL not credit- impaired			Lifetime ECL credit-impaired			Total

	(In millions)
Loans and advances at amortized cost (1) :
Balance at April 1, 2024	¥	196,325		¥	257,542		¥	525,133		¥	979,000
Transfer to 12-month ECL		5,589			(4,573	)		(1,016	)		—
Transfer to lifetime ECL not credit-impaired		(10,433	)		14,413			(3,980	)		—
Transfer to lifetime ECL credit-impaired		(6,899	)		(30,491	)		37,390			—

Net transfers between stages		(11,743	)		(20,651	)		32,394			—
Provision for loan losses		109,536			17,264			251,991			378,791

Charge-offs		—			—			264,684			264,684
Recoveries		—			—			18,553			18,553

Net charge-offs		—			—			246,131			246,131
Others (2)		1,234			(2,475	)		(7,897	)		(9,138	)

Balance at March 31, 2025		295,352			251,680			555,490			1,102,522

Transfer to 12-month ECL		8,118			(7,211	)		(907	)		—
Transfer to lifetime ECL not credit-impaired		(10,070	)		11,152			(1,082	)		—
Transfer to lifetime ECL credit-impaired		(15,244	)		(20,867	)		36,111			—

Net transfers between stages		(17,196	)		(16,926	)		34,122			—
Provision (Credit) for loan losses		45,154			(47,170	)		386,166			384,150

Charge-offs		—			—			274,513			274,513
Recoveries		—			—			22,014			22,014

Net charge-offs		—			—			252,499			252,499
Others (3)		(28,075	)		7,363			23,378			2,666

Balance at March 31, 2026	¥	295,235		¥	194,947		¥	746,657		¥	1,236,839

(1)	“Loans and advances at amortized cost” includes allowance for undrawn components of loan commitments issued to retail customers which cannot be separately identified from that for the drawn components.

(2)	Others mainly include foreign exchange translations.

(3)	Others mainly include the exclusion of the allowance for loans and advances of SMBC MANUBANK, which were reclassified as assets held for sale, and foreign exchange transactions during the fiscal year ended March 31, 2026.

For additional information, refer to Note 3 “Critical Accounting Estimates and Judgments.”


	12-month ECL			Lifetime ECL not credit-impaired			Lifetime ECL credit-impaired			Total

	(In millions)
Loan commitments and financial guarantees (1) :
Balance at April 1, 2024	¥	33,480		¥	43,751		¥	6,300		¥	83,531
Net transfers between stages		763			(899	)		136			—
Provision for off-balance sheet items		16,941			10,467			4,784			32,192
Others		1,532			417			(230	)		1,719

Balance at March 31, 2025		52,716			53,736			10,990			117,442

Net transfers between stages		55			(632	)		577			—
Provision (Credit) for off-balance sheet items		7,807			(21,930	)		8,999			(5,124	)
Others		(1,520	)		60			321			(1,139	)

Balance at March 31, 2026	¥	59,058		¥	31,234		¥	20,887		¥	111,179

(1)	ECL allowance for loan commitments is that for the undrawn components of loan commitments, which can be separately identified from that for the drawn components.

Trading Assets and Investment Securities Based on External Rating System

Trading assets, financial assets at fair value through profit or loss and investment securities

The following tables show an analysis of trading assets, financial assets at fair value through profit or loss and debt instruments at amortized cost and at fair value through other comprehensive income based on the external rating system at March 31, 2026 and 2025, excluding instruments with equity features. Collateral is generally not obtained directly from the issuers.


	At March 31, 2026
	Trading assets (1)		Financial assets at fair value through profit or loss (1)		Debt instruments at amortized cost (1)(2)		Debt instruments at fair value through other comprehensive income (1)(2)

	(In millions)
AAA	¥	79,171	¥	—	¥	69,872	¥	3,312,698
AA- to AA+		5,237,512		25,440		4,599,948		17,582,729
A- to A+		531,789		4,515		—		1,428,237
Lower than A-		486,384		63,751		83,011		1,316,287
Unrated		41,955		24,650		10,885		231,510

Total	¥	6,376,811	¥	118,356	¥	4,763,716	¥	23,871,461


	At March 31, 2025
	Trading assets (1)		Financial assets at fair value through profit or loss (1)		Debt instruments at amortized cost (1)(2)		Debt instruments at fair value through other comprehensive income (1)(2)

	(In millions)
AAA	¥	83,484	¥	—	¥	—	¥	2,759,838
AA- to AA+		4,473,308		26,006		288,291		23,489,895
A- to A+		369,924		11,871		—		1,075,246
Lower than A-		451,490		142,241		66,895		1,115,603
Unrated		67,712		12,657		11,811		205,583

Total	¥	5,445,918	¥	192,775	¥	366,997	¥	28,646,165

(1)	The amounts represent fair value for trading assets and financial assets at fair value through profit or loss, whereas they represent the gross carrying amount for debt instruments at amortized cost and at fair value through other comprehensive income.

(2)	There were no debt instruments at amortized cost or debt instruments at fair value through other comprehensive income subject to lifetime ECL at March 31, 2026 and 2025.

VaR by Risk Category

The following tables show the Group’s VaR by risk category and these figures are prepared based on the internal reporting provided to management. The Group’s material market risk exposure categories consist of interest rate risk, foreign exchange risk, equities and commodities risk and others. The section headed “VaR for Trading Activity” shows VaR for instruments entered into for trading purposes and the VaR model for the trading book includes principal consolidated subsidiaries. The section headed “VaR for

Non-Trading

Activity” shows VaR for instruments entered into for purposes other than trading purposes. “Equity Holding Investment” in the “VaR for

Non-Trading

Activity” section is a portfolio that consists principally of publicly traded Japanese equities. This portfolio, like that of other financial institutions in Japan, has historically included shares of the Group’s customers.

(a)

VaR for Trading Activity


	Interest rate risk		Foreign exchange risk		Equities and commodities risk		Others		Total (1) (2)
	(In billions)
For the fiscal year ended March 31, 2026:
SMBC Consolidated
Maximum	¥	12.3	¥	8.5	¥	2.5	¥	2.4	¥	7.7
Minimum		5.4		4.2		0.2		0.8		4.3
Daily average		9.5		6.5		0.6		1.4		5.7
At March 31, 2026		10.0		7.3		0.3		1.4		4.7
SMFG Consolidated
Maximum	¥	13.5	¥	9.5	¥	6.1	¥	2.4	¥	12.2
Minimum		6.5		5.2		1.1		0.8		7.6
Daily average		10.8		7.5		1.9		1.4		9.0
At March 31, 2026		11.3		8.2		1.3		1.4		7.9


	Interest rate risk		Foreign exchange risk		Equities and commodities risk		Others		Total (1)
	(In billions)
For the fiscal year ended March 31, 2025:
SMBC Consolidated
Maximum	¥	7.2	¥	6.7	¥	2.4	¥	21.5	¥	26.9
Minimum		4.4		3.2		0.1		12.4		17.8
Daily average		6.0		5.1		0.7		17.0		22.6
At March 31, 2025		5.7		5.4		0.2		19.1		23.9
SMFG Consolidated
Maximum	¥	24.1	¥	8.4	¥	22.3	¥	21.5	¥	61.8
Minimum		17.8		4.5		2.9		12.4		38.4
Daily average		19.5		6.5		5.7		17.0		42.1
At March 31, 2025		18.3		7.1		3.0		19.1		40.8

(1)	Total for “Maximum,” “Minimum,” and “Daily average” represents the maximum, minimum and daily average of the total of the trading book.

(2)	As a result of an improvement of the methodology, the reported VaR figures are not directly comparable with those of prior periods.

(b)

VaR for

Non-Trading

Activity

(i)

Banking


	Interest rate risk		Foreign exchange risk		Equities and commodities risk		Others		Total (1) (2)
	(In billions)
For the fiscal year ended March 31, 2026:
SMBC Consolidated
Maximum	¥	104.7	¥	4.1	¥	34.6	¥	0.0	¥	124.6
Minimum		61.6		0.0		19.0		0.0		59.1
Daily average		87.1		0.2		25.8		0.0		93.0
At March 31, 2026		81.3		0.1		24.3		0.0		87.7
SMFG Consolidated
Maximum	¥	106.1	¥	4.1	¥	34.6	¥	0.0	¥	126.1
Minimum		62.7		0.0		19.0		0.0		60.2
Daily average		88.4		0.2		25.8		0.0		94.3
At March 31, 2026		82.9		0.1		24.3		0.0		89.3


	Interest rate risk		Foreign exchange risk		Equities and commodities risk		Others		Total (1)
	(In billions)
For the fiscal year ended March 31, 2025:
SMBC Consolidated
Maximum	¥	80.6	¥	0.2	¥	35.6	¥	0.0	¥	94.7
Minimum		56.4		0.0		12.6		0.0		58.2
Daily average		66.9		0.0		28.0		0.0		73.7
At March 31, 2025		61.3		0.1		32.6		0.0		62.5
SMFG Consolidated
Maximum	¥	82.1	¥	0.2	¥	35.6	¥	0.0	¥	96.3
Minimum		57.6		0.0		12.6		0.0		59.5
Daily average		68.2		0.0		28.0		0.0		75.0
At March 31, 2025		62.5		0.1		32.6		0.0		63.6

(1)	Total for “Maximum,” “Minimum,” and “Daily average” represents the maximum, minimum and daily average of the total of the banking book.

(2)	As a result of an improvement of the methodology, the reported VaR figures are not directly comparable with those of prior periods.

(ii)

Equity Holding Investment


	Equities risk
	(In billions)
For the fiscal year ended March 31, 2026:
SMBC Consolidated
Maximum	¥	1,272.5
Minimum		832.8
Daily average		1,105.8
At March 31, 2026		1,012.6
SMFG Consolidated
Maximum	¥	1,621.0
Minimum		1,147.9
Daily average		1,455.4
At March 31, 2026		1,337.5


	Equities risk
	(In billions)
For the fiscal year ended March 31, 2025:
SMBC Consolidated
Maximum	¥	1,258.2
Minimum		937.3
Daily average		1,134.5
At March 31, 2025		960.3
SMFG Consolidated
Maximum	¥	1,576.8
Minimum		1,233.7
Daily average		1,456.7
At March 31, 2025		1,323.4

Maturity Analysis of Contractual Undiscounted Cash Flows for Financial Liabilities

Maturity analysis of financial liabilities at March 31, 2026 and 2025

The following tables show a maturity analysis of the contractual undiscounted cash flows for financial liabilities at March 31, 2026 and 2025. The amount of interest on debt instruments is not included in the maturity tables below due to its insignificance.


	At March 31, 2026
	On demand		Not later than three months		Later than three months and not later than one year		Later than one year and not later than three years		Later than three years and not later than five years		Later than five years		Total
	(In millions)
Non-derivative financial instruments:
Deposits	¥	122,293,981	¥	52,209,492	¥	22,416,618	¥	2,799,727	¥	1,100,716	¥	1,151,351	¥	201,971,885
Call money and bills sold		—		3,629,571		27,166		—		—		—		3,656,737
Repurchase agreements and cash collateral on securities lent		278,146		23,472,367		426,043		—		—		—		24,176,556
Trading liabilities		4,130,591		—		—		—		—		—		4,130,591
Financial liabilities designated at fair value through profit or loss		—		19,391		59,459		91,540		108,011		456,090		734,491
Borrowings		280,644		1,203,233		3,356,156		3,446,820		606,363		1,310,165		10,203,381
Debt securities in issue		—		3,661,830		2,708,049		2,726,254		3,733,556		4,101,011		16,930,700
Lease payable		—		19,250		60,970		114,229		69,869		137,378		401,696
Other financial liabilities		3,193,664		13,212,768		8,836		—		146		9,606		16,425,020
Off balance sheet items:
Loan commitments		100,314,339		—		—		—		—		—		100,314,339
Financial guarantees and other credit-related contingent liabilities		17,033,173		—		—		—		—		—		17,033,173
Total non-derivative financial instruments	¥	247,524,538	¥	97,427,902	¥	29,063,297	¥	9,178,570	¥	5,618,661	¥	7,165,601	¥	395,978,569

Derivative financial instruments	¥	11,090,691	¥	—	¥	17,698	¥	51,341	¥	142,860	¥	169,854	¥	11,472,444


	At March 31, 2025
	On demand		Not later than three months		Later than three months and not later than one year		Later than one year and not later than three years		Later than three years and not later than five years		Later than five years		Total
	(In millions)
Non-derivative financial instruments:
Deposits	¥	121,012,519	¥	46,594,286	¥	17,173,432	¥	3,157,803	¥	1,006,617	¥	1,098,943	¥	190,043,600
Call money and bills sold		—		4,346,342		31,935		—		—		—		4,378,277
Repurchase agreements and cash collateral on securities lent		155,438		27,456,024		179,639		—		—		—		27,791,101
Trading liabilities		4,838,439		—		—		—		—		—		4,838,439
Financial liabilities designated at fair value through profit or loss		—		3,100		41,121		101,704		79,461		418,224		643,610
Borrowings		301,721		1,102,473		3,184,919		5,090,260		530,156		2,115,212		12,324,741
Debt securities in issue		—		2,858,867		2,381,446		3,342,775		2,675,596		3,503,247		14,761,931
Lease payable		—		19,100		62,448		115,293		71,831		157,415		426,087
Other financial liabilities		2,961,970		7,369,431		4,762		—		146		10,625		10,346,934
Off balance sheet items:
Loan commitments		91,810,227		—		—		—		—		—		91,810,227
Financial guarantees and other credit-related contingent liabilities		15,139,799		—		—		—		—		—		15,139,799

Total non-derivative financial instruments	¥	236,220,113	¥	89,749,623	¥	23,059,702	¥	11,807,835	¥	4,363,807	¥	7,303,666	¥	372,504,746

Derivative financial instruments	¥	8,882,734	¥	—	¥	20,073	¥	75,619	¥	122,772	¥	202,060	¥	9,303,258

Notes:

Embedded derivatives which are separately accounted for, but presented together with the host contract in the consolidated statements of financial position are not included in the tables above as they relate to the interest cash flows of the host contract, which are also not included in the tables above.

2.	Derivative financial instruments are recorded at fair value. Except for items designated as hedging instruments for fair value hedge, they are included in the column “On demand.”

Balance of Loans and Advances and Deposits

The following table presents the balance of loans and advances, and deposits at March 31, 2026 and 2025. The balance of deposits at March 31, 2026 and 2025 exceeded the balance of loans and advances at the same time due to the stable deposit base in Japan.


	At March 31,
	2026		2025
	(In millions)
Loans and advances	¥	130,516,241	¥	125,190,819
Deposits		201,930,427		190,022,742

Deposits by Domestic and Foreign Offices

The following table presents a breakdown of deposits by domestic and foreign offices. Domestic inter-bank money is classified as “Call money and bills sold” and not included in “Deposits” in the consolidated statements of financial position. Domestic deposits are mainly composed of corporate and individual customer deposits.


	At March 31,
	2026		2025
	(In millions)
Domestic offices:
Non-interest-bearing demand deposits	¥	28,069,136	¥	29,902,509
Interest-bearing demand deposits		75,696,259		74,165,956
Deposits at notice		598,846		593,258
Time deposits		25,381,678		21,825,843
Negotiable certificates of deposit		2,985,452		4,264,295
Others		11,292,205		10,222,280

Total domestic offices		144,023,576		140,974,141

Foreign offices:
Non-interest-bearing demand deposits		3,337,095		3,032,855
Interest-bearing demand deposits		7,904,003		6,204,646
Deposits at notice		16,981,820		14,062,549
Time deposits		16,761,066		12,656,739
Negotiable certificates of deposit		12,681,680		12,911,097
Others		241,187		180,715

Total foreign offices		57,906,851		49,048,601

Total deposits	¥	201,930,427	¥	190,022,742

Regulatory Capital Requirements

The table below presents the Group’s total capital ratio, total capital and risk-weighted assets under Japanese GAAP at March 31, 2026 and 2025 based on the Basel III rules.


	At March 31,
	2026			2025
	(In billions, except percentages)
SMFG Consolidated:
Total risk-weighted capital ratio		15.69	%		15.18	%
Tier 1 risk-weighted capital ratio		14.49	%		14.23	%
Common Equity Tier 1 risk-weighted capital ratio		12.41	%		12.44	%
Total capital (Common Equity Tier 1 capital + Additional Tier 1 capital + Tier 2 capital)	¥	15,865.9		¥	14,144.1
Tier 1 capital (Common Equity Tier 1 capital + Additional Tier 1 capital)		14,655.9			13,258.8
Common Equity Tier 1 capital		12,544.0			11,585.1
Risk-weighted assets		101,078.2			93,117.1
The amount of minimum total capital requirements (1)		8,086.3			7,449.4

(1)	The amount of minimum total capital requirements is calculated by multiplying risk-weighted assets by 8%.