v3.26.1
Intangible Assets (Tables)
 12 Months Ended
Mar. 31, 2026
Text Block1 [Abstract]  
Changes in Goodwill by Business Segment
The table below shows the changes in goodwill by business segment for the fiscal years ended March 31, 2026 and 2025.
 
 
  
Retail

Business Unit
 
 
Global

Business Unit
 
 
Head office

account and
others
 
 
Total
 
 
  
(In millions)
 
Gross amount of goodwill
(1)
    ¥ 61,952     ¥ 229,934     ¥ 55,076     ¥ 346,962  
Accumulated impairment losses
(1)
      —       —       (42,398 )      (42,398 ) 
  
 
 
    
 
 
    
 
 
    
 
 
  
Net carrying amount at April 1, 2024
      61,952       229,934       12,678       304,564  
  
 
 
    
 
 
    
 
 
    
 
 
  
Impairment losses
      (5,000 )      (3,032 )      —       (8,032 ) 
Exchange differences
      —       (7,884 )      —       (7,884 ) 
Other
      —       (1,134 )      —       (1,134 ) 
  
 
 
    
 
 
    
 
 
    
 
 
  
Net carrying amount
      56,952       217,884       12,678       287,514  
Gross amount of goodwill
(1)
      56,952       220,916       55,076       332,944  
Accumulated impairment losses
(1)
      —       (3,032 )      (42,398 )      (45,430 ) 
  
 
 
    
 
 
    
 
 
    
 
 
  
Net carrying amount at March 31, 2025
      56,952       217,884       12,678       287,514  
  
 
 
    
 
 
    
 
 
    
 
 
  
Acquisitions
(2)
     43,898       —       —       43,898  
Exchange differences
      —       (6,321 )     —       (6,321 )
  
 
 
    
 
 
    
 
 
    
 
 
  
Net carrying amount
      100,850       211,563       12,678       325,091  
Gross amount of goodwill
(1)
      100,850       214,595       55,076       370,521  
Accumulated impairment losses
(1)
      —       (3,032 )     (42,398 )     (45,430 )
  
 
 
    
 
 
    
 
 
    
 
 
  
Net carrying amount at March 31, 2026
    ¥ 100,850     ¥ 211,563     ¥ 12,678     ¥ 325,091  
  
 
 
    
 
 
    
 
 
    
 
 
  
 
(1)
The goodwill where all amounts have been impaired is excluded from the gross amount of goodwill and accumulated impairment losses.
(2)
The Group recognized goodwill of ¥43,898
million in the Retail Business Unit on March 31, 2026, resulting from the acquisition of CCC MK HOLDINGS Co., Ltd., which changes its corporate name to V POINT MARKETING Co., Ltd. on April 1, 2026.
Key Assumptions Used in Impairment Testing
The key assumptions used for the value in use calculations for the fiscal years ended March 31, 2026 and 2025 were as follows:
 
 
  
SMBC
Consumer
Finance
 
 
SMDAM
 
 
SMFG
India
Credit
Company
Limited
 
 
CCC MK
HOLDINGS
Co., Ltd.
 
For the fiscal year ended March 31, 2026:
  
 
 
 
Pre-tax
discount rate
      12.34 %      11.90 %      16.80 % 
 
 
 11.23 % 
Growth rate
      1.00 %      2.00 %      8.00 % 
 
 
 2.00 % 
For the fiscal year ended March 31, 2025:
       
 
 
 
 
Pre-tax
discount rate
      10.12 %      12.30 %      16.90 % 
 
 
 — % 
Growth rate
      1.00 %      2.00 %      8.00 % 
 
 
 — % 
Changes in Other Intangible Assets
The table below shows the changes in other intangible assets for the fiscal years ended March 31, 2026 and 2025.
 
 
  
Internally
generated
software
 
 
Purchased
software
 
 
Contractual
customer
relationships
 
 
Trademarks
 
 
Other
intangibles
 
 
Total
 
 
  
(In millions)
 
Cost
  
¥
967,957
 
 
¥
659,496
 
 
¥
177,361
 
 
¥
41,828
 
 
¥
108,611
 
 
¥
1,955,253
 
Accumulated amortization and impairment losses
  
 
(557,306
) 
 
 
(446,880
) 
 
 
(143,014
) 
 
 
(41,828
) 
 
 
(45,241
) 
 
 
(1,234,269
) 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net carrying amount at April 1, 2024
  
 
410,651
 
 
 
212,616
 
 
 
34,347
 
 
 
—
 
 
 
63,370
 
 
 
720,984
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additions
  
 
176,356
 
 
 
77,450
 
 
 
—
 
 
 
—
 
 
 
11,169
 
 
 
264,975
 
Acquisition of subsidiaries and businesses
  
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
 
 
—
 
Disposals
  
 
(401
) 
 
 
(1,752
) 
 
 
—
 
 
 
—
 
 
 
(2
) 
 
 
(2,155
) 
Amortization
  
 
(106,173
) 
 
 
(64,853
) 
 
 
(10,462
) 
 
 
(541
) 
 
 
(16,001
) 
 
 
(198,030
) 
Impairment losses
  
 
(250
) 
 
 
(1,239
) 
 
 
—
 
 
 
—
 
 
 
(62
) 
 
 
(1,551
) 
Exchange differences
  
 
(72
) 
 
 
(1,071
) 
 
 
(761
) 
 
 
(162
) 
 
 
(787
) 
 
 
(2,853
) 
Others
  
 
9,580
 
 
 
20,907
 
 
 
580
 
 
 
3,088
 
 
 
(11,845
) 
 
 
22,310
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net carrying amount
  
 
489,691
 
 
 
242,058
 
 
 
23,704
 
 
 
2,385
 
 
 
45,842
 
 
 
803,680
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost
  
 
1,078,808
 
 
 
664,363
 
 
 
80,541
 
 
 
44,754
 
 
 
182,864
 
 
 
2,051,330
 
Accumulated amortization and impairment losses
  
 
(589,117
) 
 
 
(422,305
) 
 
 
(56,837
) 
 
 
(42,369
) 
 
 
(137,022
) 
 
 
(1,247,650
) 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net carrying amount at March 31, 2025
  
 
489,691
 
 
 
242,058
 
 
 
23,704
 
 
 
2,385
 
 
 
45,842
 
 
 
803,680
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Additions
  
 
242,226
 
 
 
86,490
 
 
 
—
 
 
 
—
 
 
 
2,485
 
 
 
331,201
 
Acquisition of subsidiaries and businesses
  
 
—
 
 
 
3,218
 
 
 
—
 
 
 
—
 
 
 
632
 
 
 
3,850
 
Disposals
  
 
(72,891
) 
 
 
(1,496
) 
 
 
—
 
 
 
—
 
 
 
(3,711
) 
 
 
(78,098
) 
Amortization
  
 
(112,194
) 
 
 
(72,930
) 
 
 
(5,439
) 
 
 
(547
) 
 
 
(9,163
) 
 
 
(200,273
) 
Impairment losses
  
 
(1,247
) 
 
 
(1,141
) 
 
 
—
 
 
 
—
 
 
 
(1
) 
 
 
(2,389
) 
Exchange differences
  
 
1,426
 
 
 
4,484
 
 
 
335
 
 
 
88
 
 
 
496
 
 
 
6,829
 
Others
  
 
847
 
 
 
53,607
 
 
 
—
 
 
 
—
 
 
 
(1,885
) 
 
 
52,569
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net carrying amount
  
 
547,858
 
 
 
314,290
 
 
 
18,600
 
 
 
1,926
 
 
 
34,695
 
 
 
917,369
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost
  
 
982,259
 
 
 
662,508
 
 
 
81,007
 
 
 
44,884
 
 
 
92,725
 
 
 
1,863,383
 
Accumulated amortization and impairment losses
  
 
(434,401
) 
 
 
(348,218
) 
 
 
(62,407
) 
 
 
(42,958
) 
 
 
(58,030
) 
 
 
(946,014
) 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net carrying amount at March 31, 2026
  
¥
547,858
 
 
¥
314,290
 
 
¥
18,600
 
 
¥
1,926
 
 
¥
34,695
 
 
¥
917,369