Sumitomo Mitsui Financial : UNAUDITED QUARTERLY CONSOLIDATED JAPANESE GAAP FINANCIAL STATEMENTS AS OF AND FOR THE THREE MONTHS ENDED JUNE 30, 2022 - Form 6-K

UNAUDITED QUARTERLY CONSOLIDATED JAPANESE GAAP FINANCIAL STATEMENTS

AS OF AND FOR THE THREE MONTHS ENDED JUNE 30, 2022

On August 12, 2022, we published our unaudited quarterly consolidated financial statements as of and for the three months ended June 30, 2022 prepared in accordance with accounting principles generally accepted in Japan, or Japanese GAAP, as part of our quarterly securities report (shihankihokokusho) for the same period filed by us with the relevant Japanese authorities. This document is an English translation of the unaudited quarterly consolidated financial statements and the notes thereto included in such quarterly securities report. Japanese GAAP differs in certain respects from International Financial Reporting Standards as issued by the International Accounting Standards Board, or IFRS, and generally accepted accounting principles in the United States. For a description of certain differences between IFRS and Japanese GAAP, see "Item 5.A Operating Results-Reconciliation with Japanese GAAP" in our most recent annual report on Form 20-F filed with the SEC.

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UNAUDITED QUARTERLY

CONSOLIDATED FINANCIAL STATEMENTS (JAPANESE GAAP)

QUARTERLY CONSOLIDATED BALANCE SHEETS

		Millions of yen			Millions of U.S. dollars
	March 31, 2022			June 30, 2022			June 30, 2022
Assets:
Cash and due from banks			¥	74,792,123				¥	74,646,634			$	546,301
Call loans and bills bought				1,965,134					2,091,072				15,304
Receivables under resale agreements				6,035,507					5,231,799				38,289
Receivables under securities borrowing transactions				5,649,632					4,777,896				34,967
Monetary claims bought				5,370,377					5,760,257				42,156
Trading assets				7,351,878					8,297,478				60,725
Money held in trust				310					6,810				50
Securities		*1, *2			38,538,724			*1, *2			39,347,789				287,967
Loans and bills discounted		*1			90,834,056			*1			96,688,452				707,615
Foreign exchanges		*1			2,812,104			*1			4,448,520				32,557
Lease receivables and investment assets				228,608					226,746				1,659
Other assets		*1			10,175,873			*1			12,657,021				92,630
Tangible fixed assets				1,457,254					1,493,839				10,933
Intangible fixed assets				898,817					920,660				6,738
Net defined benefit asset				623,045					634,325				4,642
Deferred tax assets				66,720					75,710				554
Customers' liabilities for acceptances and guarantees		*1			11,722,239			*1			13,098,225				95,859
Reserve for possible loan losses				(817,784)					(711,407)				(5,206)
Total assets			¥	257,704,625				¥	269,691,834			$	1,973,740

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QUARTERLY CONSOLIDATED BALANCE SHEETS

		Millions of yen			Millions of U.S. dollars
	March 31, 2022			June 30, 2022			June 30, 2022
Liabilities and net assets:
Liabilities:
Deposits			¥	148,585,460				¥	153,172,245			$	1,120,991
Negotiable certificates of deposit				13,069,796					13,792,741				100,942
Call money and bills sold				1,129,999					1,018,146				7,451
Payables under repurchase agreements				19,359,965					19,045,789				139,387
Payables under securities lending transactions				1,580,580					1,388,565				10,162
Commercial paper				1,866,366					1,992,918				14,585
Trading liabilities				6,377,968					7,119,225				52,102
Borrowed money				18,877,990					17,951,970				131,382
Foreign exchanges				1,216,893					1,859,257				13,607
Short-term bonds				442,000					433,500				3,173
Bonds				9,808,107					10,543,167				77,160
Due to trust account				2,443,873					2,395,740				17,533
Other liabilities				8,415,621					13,006,313				95,187
Reserve for employee bonuses				89,894					31,915				234
Reserve for executive bonuses				4,064					-				-
Net defined benefit liability				40,864					40,569				297
Reserve for executive retirement benefits				1,087					923				7
Reserve for point service program				25,000					26,360				193
Reserve for reimbursement of deposits				5,767					4,254				31
Reserve for losses on interest repayment				135,084					126,586				926
Reserves under the special laws				3,902					3,902				29
Deferred tax liabilities				275,570					164,908				1,207
Deferred tax liabilities for land revaluation				29,193					29,192				214
Acceptances and guarantees				11,722,239					13,098,225				95,859
Total liabilities				245,507,293					257,246,417				1,882,658
Net assets:
Capital stock				2,341,878					2,341,878				17,139
Capital surplus				693,664					693,809				5,078
Retained earnings				6,916,468					7,024,916				51,412
Treasury stock				(13,402)					(13,116)				(96)
Total stockholders' equity				9,938,608					10,047,488				73,533
Net unrealized gains (losses) on other securities				1,632,080					1,264,690				9,256
Net deferred gains (losses) on hedges				(80,061)					1,394				10
Land revaluation excess				36,320					36,324				266
Foreign currency translation adjustments				450,143					879,507				6,437
Accumulated remeasurements of defined benefit plans				121,123					115,611				846
Total accumulated other comprehensive income				2,159,606					2,297,528				16,814
Stock acquisition rights				1,475					1,226				9
Non-controlling interests				97,641					99,173				726
Total net assets				12,197,331					12,445,416				91,082
Total liabilities and net assets			¥	257,704,625				¥	269,691,834			$	1,973,740

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QUARTERLY CONSOLIDATED STATEMENTS OF INCOME

		Millions of yen			Millions of U.S. dollars
Three months ended June 30		2021			2022			2022
Ordinary income				¥	951,725					¥	1,331,703			$	9,746
Interest income					442,051						637,403				4,665
Interest on loans and discounts					321,811						441,177				3,229
Interest and dividends on securities					74,476						108,984				798
Trust fees					1,237						1,478				11
Fees and commissions					327,317						336,330				2,461
Trading income					67,364						4,543				33
Other operating income					34,369						255,237				1,868
Other income				*1				79,386					*1				96,710				708
Ordinary expenses					664,484						982,028				7,187
Interest expenses					87,808						205,653				1,505
Interest on deposits					20,749						63,559				465
Fees and commissions payments					54,712						56,222				411
Trading losses					1,582						90,643				663
Other operating expenses					36,457						85,556				626
General and administrative expenses					437,980						484,021				3,542
Other expenses				*2				45,943					*2				59,932				439
Ordinary profit					287,240						349,674				2,559
Extraordinary gains				*3				16					*3				10				0
Extraordinary losses				*4				2,445					*4				998				7
Income before income taxes					284,812						348,686				2,552
Income taxes					79,973						93,962				688
Profit					204,838						254,724				1,864
Profit attributable to non-controlling interests					1,595						2,284				17
Profit attributable to owners of parent				¥	203,243					¥	252,439			$	1,847

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QUARTERLY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

		Millions of yen			Millions of U.S. dollars
Three months ended June 30		2021			2022			2022
Profit				¥	204,838					¥	254,724			$	1,864
Other comprehensive income (losses)					55,480						136,901				1,002
Net unrealized gains (losses) on other securities					14,503						(365,102)				(2,672)
Net deferred gains (losses) on hedges					1,606						71,230				521
Foreign currency translation adjustments								26,720									393,295				2,878
Remeasurements of defined benefit plans					(4,329)						(5,525)				(40)
Share of other comprehensive income of affiliates					16,979						43,003				315
Total comprehensive income					260,319						391,625				2,866
Comprehensive income attributable to owners of parent					258,184						390,357				2,857
Comprehensive income attributable to non-controlling interests					2,135						1,268				9

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NOTES TO UNAUDITED QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS

(Basis of presentation)

Sumitomo Mitsui Financial Group, Inc. ("the Company") was established on December 2, 2002 as a holding company for the SMBC group ("the Group") through a statutory share transfer (kabushiki iten) of all of the outstanding equity securities of Sumitomo Mitsui Banking Corporation ("SMBC") in exchange for the Company's newly issued securities. The Company is a joint stock corporation with limited liability (Kabushiki Kaisha) incorporated under the Companies Act of Japan. Upon formation of the Company and completion of the statutory share transfer, SMBC became a direct wholly owned subsidiary of the Company.

The Company has prepared the accompanying consolidated financial statements in accordance with the provisions set forth in the Japanese Financial Instruments and Exchange Act and its related accounting regulations, and in conformity with accounting principles generally accepted in Japan ("Japanese GAAP"), which are different in certain respects as to application and disclosure requirements from International Financial Reporting Standards ("IFRS").

The accounts of overseas subsidiaries and affiliated companies are, in principle, integrated with those of the Company's accounting policies for purposes of consolidation unless they apply different accounting principles and standards as required under U.S. GAAP or IFRS, in which case a certain limited number of items are adjusted based on their materiality.

These consolidated financial statements are translated from the consolidated financial statements contained in the quarterly securities report filed under the Financial Instruments and Exchange Act of Japan ("FIEA based financial statements") except for the addition of U.S. dollar figures.

Amounts less than ¥1 million have been rounded down. As a result, the totals in Japanese yen shown in the financial statements do not necessarily agree with the sum of the individual amounts.

The translation of the Japanese yen amounts into U.S. dollars is included solely for the convenience of readers outside Japan, using the prevailing exchange rate at June 30, 2022 which was ¥136.64 to US$1. These translations should not be construed as representations that the Japanese yen amounts have been, could have been, or could in the future be, converted into U.S. dollars at that rate.

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(Changes in the scope of consolidation or in the scope of equity method)

(1)

Significant changes in the scope of consolidation

Not applicable.

(2)

Significant changes in the scope of equity method

Not applicable.

(Changes in accounting policies)

Application of Implementation Guidance on Accounting Standard for Fair Value Measurement

The Company applied "Implementation Guidance on Accounting Standard for Fair Value Measurement" (ASBJ Guidance No.31, June 17, 2021) from the beginning of the period for the three months ended June 30, 2022. In accordance with the transitional treatment set forth in Paragraph 27-2 of Implementation Guidance on Accounting Standard for Fair Value Measurement, the Company has prospectively adopted the new accounting policy set forth in Implementation Guidance on Accounting Standard for Fair Value Measurement. There are no effects on quarterly consolidated financial statements due to the application of the Implementation Guidance.

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(Applied special accounting methods used for preparing quarterly consolidated financial statements)

Accounting treatment of tax expenses

The Company and certain domestic consolidated subsidiaries calculated tax expenses by multiplying Income before income taxes by an effective tax rate that was reasonably estimated by applying tax effect accounting to estimated Income before income taxes for the fiscal year ending March 31, 2023 including the period for the three months ended June 30, 2022. Amounts of Income taxes include Income taxes-deferred.

(Additional information)

1. Transition from the consolidated corporate-tax system to the group tax sharing system

The Company and certain consolidated domestic subsidiaries transitioned from the consolidated corporate-tax system to the group tax sharing system from the beginning of the period for the three months ended June 30, 2022. In accordance with the transition, the accounting treatment and disclosure of corporate tax, local tax and tax effect accounting are based on "Practical Solution on the Accounting and Disclosure Under the Group Tax Sharing System" (ASBJ Practical Issue Task Force No. 42, August 12, 2021). Based on Paragraph 32(1) of ASBJ Practical Issue Task Force No. 42, it is deemed that changes in accounting policy by applying ASBJ Practical Issue Task Force No. 42 have no effect.

2. Repurchase and cancellation of own shares

On November 12, 2021, the Board of Directors of the Company resolved to repurchase its own shares under Article 8 of its Articles of Incorporation pursuant to Paragraph 1 of Article 459 of the Companies Act and cancel the repurchased shares pursuant to Article 178 of the Companies Act.

(1)

Reason for the Repurchase of Own Shares

The Company will proceed with a flexible repurchase of its own shares in order to enhance shareholder return and improve capital efficiency.

(2)

Outline of the Repurchase

(a)

Type of shares to be repurchased: Common stock

(b)

Aggregate number of shares to be repurchased:

Up to 33,000,000 shares (Equivalent to 2.4% of the number of shares issued (excluding treasury stock))

(c)

Aggregate amount of shares to be repurchased: Up to 100 billion yen

(d)

Repurchase period: From November 15, 2021 to November 11, 2022

(e)

Repurchase method:

Market purchases based on a discretionary dealing contract regarding repurchase of its own shares

(3)

Outline of the Cancellation

(a)

Type of shares to be cancelled: Common stock

(b)

Number of shares to be cancelled: All of shares repurchased as stated in 2) above.

(c)

Scheduled cancellation date: December 20, 2022

The Company had not conducted the repurchase and cancellation pursuant to the resolution of the Board of Directors as of the end of the period.

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(Notes to quarterly consolidated balance sheets)

*1	Claims under the Banking Act and the Act on Emergency Measures for the Revitalization of Financial Functions

Claims under the Banking Act and the Act on Emergency Measures for the Revitalization of Financial Functions are as follows. The claims are items that are recorded under the following items on the quarterly consolidated balance sheet (consolidated balance sheet): bonds included in "Securities" (limited to bonds for which the redemption of principal and the payment of interest in whole or in part are guaranteed, and that are issued through private placements (under Article 2, Paragraph 3 of the Financial Instruments and Exchange Act)), loans and bills discounted, foreign exchanges, accrued interest and suspense payments included in "Other assets," and customers' liabilities for acceptances and guarantees. If security lending listed in the notes is conducted, such securities (limited to those based on loan for a use agreement or lease agreement) are also included in the claims.

		Millions of yen
	March 31, 2022			June 30, 2022
Bankrupt and quasi-bankrupt loans		¥	99,256			¥	144,992
Doubtful loans			643,881				532,122
Substandard loans			414,422				395,447
Past due loans (3 months or more)			13,553				15,325
Restructured loans			400,868				380,121
Subtotal			1,157,560				1,072,562
Normal loans			106,019,459				115,119,364
Total		¥	107,177,019			¥	116,191,927

The amounts of loans presented above are the amounts before deduction of reserve for possible loan losses.

*2	Guaranteed amount to privately-placed bonds

The amounts guaranteed by banking subsidiaries to privately-placed bonds (stipulated by Article 2, Paragraph 3 of the Financial Instruments and Exchange Act) in "Securities" at March 31, 2022 and June 30, 2022 were as follows:

		Millions of yen
	March 31, 2022			June 30, 2022
Guaranteed amount to privately-placed bonds		¥	1,342,460			¥	1,330,045

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(Notes to quarterly consolidated statements of income)

*1	Other income

"Other income" for the three months ended June 30, 2021 and 2022 included the following:

Three months ended June 30, 2021		Millions of yen			Three months ended June 30, 2022		Millions of yen
Gains on sales of stocks		¥	44,722			Gains on sales of stocks		¥	55,535
Equity in gains of affiliates			13,275			Equity in gains of affiliates			32,712

*2	Other expenses

"Other expenses" for the three months ended June 30, 2021 and 2022 included the following:

Three months ended June 30, 2021		Millions of yen			Three months ended June 30, 2022		Millions of yen
Write-off of loans		¥	26,166			Write-off of loans		¥	26,898
		Losses on sales of stocks			14,230

*3	Extraordinary gains

"Extraordinary gains" for the three months ended June 30, 2021 and 2022 included the following:

Three months ended June 30, 2021		Millions of yen			Three months ended June 30, 2022		Millions of yen
Gains on disposal of fixed assets		¥	16			Gains on disposal of fixed assets		¥	10

*4	Extraordinary losses

"Extraordinary losses" for the three months ended June 30, 2021 and 2022 included the following:

Three months ended June 30, 2021		Millions of yen			Three months ended June 30, 2022		Millions of yen
Losses on impairment of fixed assets		¥	1,790			Losses on impairment of fixed assets		¥	629
Losses on disposal of fixed assets			627			Losses on disposal of fixed assets			368

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(Notes to quarterly consolidated statements of cash flows)

Quarterly consolidated statements of cash flows were not prepared for the three months ended June 30, 2022. "Depreciation" (including amortization of intangible fixed assets other than goodwill) and "Amortization of goodwill" for the three months ended June 30, 2021 and 2022 were as follows:

		Millions of yen
Three months ended June 30		2021			2022
Depreciation		¥	54,129			¥	58,946
Amortization of goodwill			3,849				8,209

(Notes to stockholders' equity)

Dividends paid in the three months ended June 30, 2021

Date of resolution

Type of shares

Millions of yen, except per share amount

Cash dividends

Cash dividends per share

Record date

Effective date

Source of dividends

Ordinary general meeting of shareholders held on June 29, 2021

Common stock

¥

130,190

¥

95

March 31, 2021

June 30, 2021

Retained earnings

Dividends paid in the three months ended June 30, 2022

Date of resolution

Type of shares

Millions of yen, except per share amount

Cash dividends

Cash dividends per share

Record date

Effective date

Source of dividends

Ordinary general meeting of shareholders held on June 29, 2022

Common stock

¥

143,936

¥

105

March 31, 2022

June 30, 2022

Retained earnings

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(Notes to segment and other related information)

[Segment information]

1. Information on profit and loss amount by reportable segment

Three months ended June 30, 2021		Millions of yen
	Wholesale Business Unit			Retail Business Unit			Global Business Unit			Global Markets Business Unit			Head office account and others			Total
Consolidated gross profit		¥	148,200			¥	279,400			¥	187,900			¥	132,900			¥	(56,622	)		¥	691,778
General and administrative expenses			(74,600)				(233,300)				(106,300)				(21,400)				(2,380	)			(437,980)
Others			12,200				300				11,700				8,300				(19,225	)			13,275
Consolidated net business profit		¥	85,800			¥	46,400			¥	93,300			¥	119,800			¥	(78,227	)		¥	267,073

Notes:		1.		Figures shown in the parenthesis represent the loss.
	2.		"Others" includes equity in profit and loss of affiliates and cooperated profit and loss based on internal managerial accounting.
	3.		"Head office account and others" includes profit or loss to be eliminated as inter-segment transactions.

Three months ended June 30, 2022		Millions of yen
	Wholesale Business Unit			Retail Business Unit			Global Business Unit			Global Markets Business Unit			Head office account and others			Total
Consolidated gross profit		¥	166,700			¥	271,700			¥	268,100			¥	136,200			¥	(45,783	)		¥	796,917
General and administrative expenses			(73,400)				(230,800)				(145,200)				(27,200)				(7,421	)			(484,021)
Others			15,700				800				32,500				6,800				(23,088	)			32,712
Consolidated net business profit		¥	109,000			¥	41,700			¥	155,400			¥	115,800			¥	(76,291	)		¥	345,609

Notes:		1.		Figures shown in the parenthesis represent the loss.
	2.		"Others" includes equity in profit and loss of affiliates and cooperated profit and loss based on internal managerial accounting.
	3.		"Head office account and others" includes profit or loss to be eliminated as inter-segment transactions.

2.	Difference between total amount of consolidated net business profit by reportable segment and ordinary profit on quarterly consolidated statements of income (adjustment of difference)

Three months ended June 30, 2021		Millions of yen
Consolidated net business profit		¥	267,073
Other ordinary income (excluding equity in gains of affiliates)			66,110
Other ordinary expenses			(45,943)
Ordinary profit on quarterly consolidated statements of income		¥	287,240

Note: Figures shown in the parenthesis represent the loss.

Three months ended June 30, 2022		Millions of yen
Consolidated net business profit		¥	345,609
Other ordinary income (excluding equity in gains of affiliates)			63,997
Other ordinary expenses			(59,932)
Ordinary profit on quarterly consolidated statements of income		¥	349,674

Note: Figures shown in the parenthesis represent the loss.

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(Notes to financial instruments)

There are no significant matters to be disclosed regarding financial instruments.

(Notes to securities)

The amounts shown in the following tables include negotiable certificates of deposit classified as "Cash and due from banks" and beneficiary claims on loan trust classified as "Monetary claims bought," in addition to "Securities" stated in the quarterly consolidated balance sheets.

1. Bonds classified as held-to-maturity

		Millions of yen
		Consolidated						Net unrealized
March 31, 2022		balance sheet amount			Fair value			gains (losses)
Japanese government bonds		¥	-			¥	-			¥	-
Japanese local government bonds			25,741				25,522				(218	)
Japanese corporate bonds			-				-				-
Other			-				-				-
Total		¥	25,741			¥	25,522			¥	(218	)
Note: The fair values are based on their market prices and others at the end of the fiscal year.
		Millions of yen
		Quarterly consolidated						Net unrealized
June 30, 2022		balance sheet amount			Fair value			gains (losses)
Japanese government bonds		¥	4,994			¥	4,998			¥	3
Japanese local government bonds			35,941				35,567				(374	)
Japanese corporate bonds			-				-				-
Other			-				-				-
Total		¥	40,936			¥	40,565			¥	(370	)
Note: The fair values are based on their market prices and others at the end of the period.

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2. Other securities

		Millions of yen
March 31, 2022		Acquisition cost			Consolidated balance sheet amount			Net unrealized gains (losses)
Stocks		¥	1,203,355			¥	3,237,013			¥	2,033,658
Bonds			19,610,383				19,560,308				(50,074)
Japanese government bonds			15,821,296				15,774,197				(47,099)
Japanese local government bonds			1,154,551				1,145,496				(9,054)
Japanese corporate bonds			2,634,535				2,640,615				6,080
Other			14,473,249				14,766,875				293,625
Total		¥	35,286,988			¥	37,564,198			¥	2,277,209

Notes:		1.		Consolidated balance sheet amount is measured at fair value based on its market price and others at the end of the fiscal year.
	2.		Net unrealized gains (losses) on other securities shown above include gains of ¥2,122 million for the fiscal year ended March 31, 2022 that are recognized in the earnings by applying fair value hedge accounting.

		Millions of yen
June 30, 2022		Acquisition cost			Quarterly consolidated balance sheet amount			Net unrealized gains (losses)
Stocks		¥	1,189,793			¥	3,098,330			¥	1,908,537
Bonds			19,731,130				19,664,295				(66,835)
Japanese government bonds			15,831,961				15,779,237				(52,723)
Japanese local government bonds			1,205,719				1,191,490				(14,229)
Japanese corporate bonds			2,693,450				2,693,567				117
Other			15,543,265				15,449,269				(93,995)
Total		¥	36,464,188			¥	38,211,895			¥	1,747,706

Notes:		1.		Quarterly consolidated balance sheet amount is measured at fair value based on its market price and others at the end of the period.
	2.		Net unrealized gains (losses) on other securities shown above include losses of ¥17 million for the three months ended June 30, 2022 that are recognized in the earnings by applying fair value hedge accounting.

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3. Write-down of securities

Bonds classified as held-to-maturity and other securities (excluding other securities whose quarterly consolidated balance sheet amounts are not measured at fair value) are considered as impaired if the fair value decreases materially below the acquisition cost and such decline is not considered as recoverable. The fair value is recognized as the quarterly consolidated balance sheet amount (consolidated balance sheet amount) and the amount of write-down is accounted for as valuation loss for the period. Valuation losses for the fiscal year ended March 31, 2022 and for the three months ended June 30, 2022 were ¥4,688 million and ¥8,482 million, respectively. The rule for determining "material decline" is as follows and is based on the classification of issuers under the rules of self-assessment of assets.

Bankrupt/Effectively bankrupt/Potentially bankrupt issuers:		Fair value is lower than acquisition cost.
Issuers requiring caution:		Fair value is 30% or lower than acquisition cost.
Normal issuers:		Fair value is 50% or lower than acquisition cost.

Bankrupt issuers: Issuers that are legally bankrupt or formally declared bankrupt.

Effectively bankrupt issuers: Issuers that are not legally bankrupt but regarded as substantially bankrupt.

Potentially bankrupt issuers: Issuers that are not bankrupt now, but are perceived to have a high risk of falling into bankruptcy.

Issuers requiring caution: Issuers that are identified for close monitoring.

Normal issuers: Issuers other than the above 4 categories of issuers.

(Notes to money held in trust)

1.	Money held in trust classified as held-to-maturity

Fiscal year ended March 31, 2022

There are no corresponding transactions.

Three months ended June 30, 2022

There are no corresponding transactions.

2.	Other money held in trust (Other than trading and held to maturity)

		Millions of yen
March 31, 2022		Acquisition cost			Consolidated balance sheet amount			Net unrealized gains (losses)
Other money held in trust		¥	310			¥	310			¥	-

Note: Consolidated balance sheet amount is measured at fair value based on its market price and others at the end of the fiscal year.

		Millions of yen
June 30, 2022		Acquisition cost			Quarterly consolidated balance sheet amount			Net unrealized gains (losses)
Other money held in trust		¥	310			¥	310			¥	-

Note: Quarterly consolidated balance sheet amount is measured at fair value based on its market price and others at the end of the period.

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Table of Contents

(Notes to derivative transactions)

(1)	Interest rate derivatives

		Millions of yen
March 31, 2022		Contract amount			Fair Value			Valuation gains (losses)
Listed
Interest rate futures		¥	142,753,490			¥	2,663			¥	2,663
Interest rate options			450,578,969				394,362				394,362
Over-the-counter
Forward rate agreements			12,575,210				(28)				(28)
Interest rate swaps			661,604,364				(121,168)				(121,168)
Interest rate swaptions			26,687,532				(10,506)				(10,506)
Caps			107,838,182				(505,738)				(505,738)
Floors			7,576,704				4,260				4,260
Other			14,037,668				58,115				58,115
Total			/			¥	(178,039)			¥	(178,039)

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income.
	Derivative transactions to which the hedge accounting method is applied are not included in the table above.

		Millions of yen
June 30, 2022		Contract amount			Fair Value			Valuation gains (losses)
Listed
Interest rate futures		¥	158,047,519			¥	(10,565)			¥	(10,565)
Interest rate options			544,118,106				191,747				191,747
Over-the-counter
Forward rate agreements			14,985,368				2,155				2,155
Interest rate swaps			903,239,021				(292,560)				(292,560)
Interest rate swaptions			38,075,720				(22,188)				(22,188)
Caps			122,852,246				(870,606)				(870,606)
Floors			9,361,613				10,279				10,279
Other			21,648,778				81,711				81,711
Total			/			¥	(910,026)			¥	(910,026)

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income.
	Derivative transactions to which the hedge accounting method is applied are not included in the table above.

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(2)	Currency derivatives

		Millions of yen
March 31, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Currency futures		¥	10,758			¥	(103)			¥	(103)
Over-the-counter
Currency swaps			86,400,103				615,163				242,608
Currency swaptions			693,027				91				91
Forward foreign exchange			86,861,074				(184,625)				(184,625)
Currency options			9,911,292				(24,867)				(24,867)
Total			/			¥	405,658			¥	33,103

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above. In addition, transactions related to financial assets and liabilities denominated in foreign currencies and recognized in the consolidated balance sheets, or transactions related to financial assets and liabilities denominated in foreign currencies which have been eliminated in the consolidation are not included in the table above.

		Millions of yen
June 30, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Currency futures		¥	10,633			¥	(2,134)			¥	(2,134)
Over-the-counter
Currency swaps			96,476,590				1,172,301				297,745
Currency swaptions			1,115,410				400				400
Forward foreign exchange			109,198,539				(129,232)				(129,232)
Currency options			7,622,497				(59,424)				(59,424)
Total			/			¥	981,911			¥	107,354

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above. In addition, transactions related to financial assets and liabilities denominated in foreign currencies and recognized in the quarterly consolidated balance sheets, or transactions related to financial assets and liabilities denominated in foreign currencies which have been eliminated in the consolidation are not included in the table above.

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(3)	Equity derivatives

		Millions of yen
March 31, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Equity price index futures		¥	1,228,695			¥	(22,042)			¥	(22,042)
Equity price index options			1,252,614				(47,940)				(47,940)
Over-the-counter
Equity options			249,895				22,992				22,992
Equity price index swaps			330,918				48,697				48,697
Total			/			¥	1,707			¥	1,707

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above.

		Millions of yen
June 30, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Equity price index futures		¥	1,235,346			¥	6,129			¥	6,129
Equity price index options			1,171,799				(46,816)				(46,816)
Over-the-counter
Equity options			259,498				31,855				31,855
Equity index forward contracts			290				(7)				(7)
Equity price index swaps			344,280				95,383				95,383
Total			/			¥	86,544			¥	86,544

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above.

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(4)	Bond derivatives

		Millions of yen
March 31, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Bond futures		¥	8,027,933			¥	(3,306)			¥	(3,306)
Bond futures options			30,275				12				12
Over-the-counter
Bond forward contracts			59,827				1,438				1,438
Bond options			96,516				(31)				(31)
Total			/			¥	(1,886)			¥	(1,886)

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above.

		Millions of yen
June 30, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Bond futures		¥	9,646,344			¥	1,520			¥	1,520
Bond futures options			89,849				26				26
Over-the-counter
Bond options			272,190				26				26
Total			/			¥	1,572			¥	1,572

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income. Derivative transactions to which the hedge accounting method is applied are not included in the table above.

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(5)	Commodity derivatives

		Millions of yen
March 31, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Commodity futures		¥	11,185			¥	1,210			¥	1,210
Over-the-counter
Commodity swaps			138,269				297				297
Commodity options			3,790				(490)				(490)
Total			/			¥	1,016			¥	1,016

Notes:		1.		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income.
		Derivative transactions to which the hedge accounting method is applied are not included in the table above.
	2.		Underlying assets of commodity derivatives are fuels and metals.

		Millions of yen
June 30, 2022		Contract amount			Fair value			Valuation gains (losses)
Listed
Commodity futures		¥	18,589			¥	1,008			¥	1,008
Over-the-counter
Commodity swaps			123,910				(275)				(275)
Commodity options			5,106				(577)				(577)
Total			/			¥	155			¥	155

Notes:		1.		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income.
		Derivative transactions to which the hedge accounting method is applied are not included in the table above.
	2.		Underlying assets of commodity derivatives are fuels and metals.

(6)	Credit derivative transactions

		Millions of yen
March 31, 2022		Contract amount			Fair value			Valuation gains (losses)
Over-the-counter
Credit default options		¥	2,981,181			¥	(1,352)			¥	(1,352)
Total			/			¥	(1,352)			¥	(1,352)

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the consolidated statements of income.
	Derivative transactions to which the hedge accounting method is applied are not included in the table above.

		Millions of yen
June 30, 2022		Contract amount			Fair value			Valuation gains (losses)
Over-the-counter
Credit default options		¥	3,009,981			¥	4,125			¥	4,125
Total			/			¥	4,125			¥	4,125

Note:		The above transactions are valued at fair value and the valuation gains (losses) are accounted for in the quarterly consolidated statements of income.
	Derivative transactions to which the hedge accounting method is applied are not included in the table above.

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(Business combination)

There is no significant business combination to be disclosed.

(Revenue recognition)

Information on breakdown of revenues from contracts with customers.

Three months ended June 30		Millions of yen
	2021			2022
Ordinary income		¥	951,725			¥	1,331,703
Fees and commissions			327,317				336,330
Deposits and loans			38,082				55,979
Remittances and transfers			35,873				36,317
Securities-related business			43,394				29,887
Agency			2,237				2,264
Safe deposits			1,997				1,924
Guarantees			20,314				21,516
Credit card business			79,396				88,489
Investment trusts			46,845				38,196
Others			59,173				61,753

Note:		Fees and commissions obtained through Deposits and loans principally arise in the Wholesale Business Unit and the Global Business Unit, Remittances and transfers principally arise in the Wholesale Business Unit, the Retail Business Unit, and the Global Business Unit, Securities-related business principally arise in the Wholesale Business Unit, the Retail Business Unit, and the Global Business Unit, Credit card business principally arise in the Retail Business Unit, and Investment trusts principally arise in the Retail Business Unit and Head office account and others. Income based on "Accounting Standard for Financial Instruments" (ASBJ Statement No. 10, July 4, 2019) is also included in the table above.

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(Per share data)

Earnings per share, earnings per share (diluted) and each calculation method were as follows:

		Three months ended June 30		Millions of yen, except per share data and number of shares
	2021			2022
	(i) Earnings per share		¥	148.30			¥	184.14
	[The calculation method]
	Profit attributable to owners of parent			203,243				252,439
	Amount not attributable to common stockholders			-				-
	Profit attributable to owners of parent concerning common stock			203,243				252,439
	Average number of common stock during the period (in thousands)			1,370,486				1,370,881
	(ii) Earnings per share (diluted)		¥	148.24			¥	184.08
	[The calculation method]
	Adjustment for profit attributable to owners of parent			-				-
	Adjustment of dilutive shares issued by consolidated subsidiaries and equity method affiliates			-				-
	Increase in the number of common stock (in thousands)			597				500
	Stock acquisition rights (in thousands)			597				500
	Outline of dilutive shares which were not included in the calculation of "Earnings Per Share (diluted)" because they do not have dilutive effect and have significant changes from the fiscal year ended March 31, 2022:			-				-

(Significant subsequent events)

There are no significant subsequent events to be disclosed.

(Others)

Not applicable.

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