--- title: "Sumitomo Mitsui Financial Group: Net business profit and net income surged over JPY 100bn YoY, led by robust domestic growth" type: "News" locale: "en" url: "https://longbridge.com/en/news/294514538.md" description: "Net business profit and net income both rose over JPY 100bn year-over-year, driven by strong domestic performance and higher market earnings, while global business profit declined. Progress toward full-year targets is about 30%, with upside from higher Japanese rates and core growth.Original document: Sumitomo Mitsui Financial Group, Inc. [8316] Slides Release — Jul. 31 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-07-31T12:31:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294514538.md) - [en](https://longbridge.com/en/news/294514538.md) - [zh-HK](https://longbridge.com/zh-HK/news/294514538.md) generator: "portal-rs" --- # Sumitomo Mitsui Financial Group: Net business profit and net income surged over JPY 100bn YoY, led by robust domestic growth Net business profit and net income both rose over JPY 100bn year-over-year, driven by strong domestic performance and higher market earnings, while global business profit declined. Progress toward full-year targets is about 30%, with upside from higher Japanese rates and core growth. Original document: Sumitomo Mitsui Financial Group, Inc. \[8316\] Slides Release — Jul. 31 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [SMFG.US](https://longbridge.com/en/quote/SMFG.US.md) - [8316.JP](https://longbridge.com/en/quote/8316.JP.md) ## Related News & Research - [Advantage Partners Asia Fund completes sale of Shih An Farm to SMBC Capital Partners, Tamago consortium](https://longbridge.com/en/news/297608737.md) - [La Caisse, SMBC Aviation Capital expand Maple Aircraft leasing platform to USD 3 billion](https://longbridge.com/en/news/297799615.md) - [UBS says 'physical AI' is here, and shares 3 picks-and-shovels sectors of the market to play the trade.](https://longbridge.com/en/news/297929372.md) - [SMBC Group targets 15% ROTE under new medium-term plan](https://longbridge.com/en/news/297035620.md) - [GMO VenturePartners closes interim round of GMO Fintech Fund 8 at about JPY 10 billion commitments](https://longbridge.com/en/news/297985260.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**