--- 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 - [SMBC Nikko lifts Japan FY2026 real GDP growth view to 0.8% on lower crude oil imports](https://longbridge.com/en/news/296453375.md) - [Saudi’s Alrajhi Bank launches $1bln 3-year sustainability commodity term loan](https://longbridge.com/en/news/296436553.md) - [Fei-Fei Li says she runs her AI startup like a 'tiger mom'](https://longbridge.com/en/news/296437111.md) - [Alibaba Has An Edge In Monetizing AI Agents](https://longbridge.com/en/news/296612984.md) - [Goldman Sachs Reveals AI Stocks To Buy List](https://longbridge.com/en/news/296135966.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**