Sumitomo Mitsui Trust GroupSumitomo Mitsui Trust Group, Inc.8309東証プライム銀行業FY ending Mar 2026, consolidated, J-GAAP

Sumitomo Mitsui Trust Group FY ending Mar 2026 results

Sumitomo Mitsui Trust Group brought in ¥2.98T in ordinary revenue.

Out of every ¥100 of ordinary revenue, about ¥13 is left as ordinary profit.

Ordinary revenue changed +2.1% from the prior year, ordinary profit +9.2%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +2.1% · profit +9.2%, calculated from disclosed figures.

Operating leverage: 4.40× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+2.1%¥2.92T → ¥2.98T
Net income attributable to owners
+23.3%¥257.6B → ¥317.6B
Operating cash flow
-69.3%¥3.98T → ¥1.22T
Free cash flow
-71.0%¥3.89T → ¥1.13T

Results at a glance

  • Revenue for FY ending Mar 2026 was ¥2.98T, up +2.1% from ¥2.92T.
  • Net income attributable to owners grew +23.3% from ¥257.6B to ¥317.6B, which the company calls a record high.
  • Cash flow went the other way: operating cash flow fell -69.3% from ¥3.98T to ¥1.22T, and free cash flow fell -71.0%.

What drove the change

  • Selling more strategic shareholdings raised gains on equities
  • The group booked an extraordinary gain from selling shares in an affiliate
  • Higher yen interest rates improved lending and funding income, and fees from corporate lending, asset management and custody were strong, partly offset by losses from reshaping the bond portfolio

Things to watch

  • A sharp fall in the price of shares held for business relationships could lead to write-downs and hurt earnings
  • Rising interest rates make balance sheet management harder, through swings in asset values and higher funding costs
  • Trouble at large borrowers or a weaker property market could raise credit costs

Annual securities report: management's analysis / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report: business risks / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of ordinary revenue goes

For every ¥100 of ordinary revenue (a bank's or insurer's top line) Sumitomo Mitsui Trust Group earns, how much goes where, and how much is kept.

FY ending Mar 2026
Ordinary expenses
¥87
Ordinary profit
¥13
Net profit kept
¥11

Annual margin trends

Ordinary margin13.5%
FY ending Mar 2021: 13.3%13.3%FY ending Mar 2022: 16.4%16.4%FY ending Mar 2023: 15.7%15.7%FY ending Mar 2024: 4.1%4.1%FY ending Mar 2025: 12.6%12.6%FY ending Mar 2026: 13.5%13.5%FY21FY22FY23FY24FY25FY26
Net margin10.6%
FY ending Mar 2021: 10.3%10.3%FY ending Mar 2022: 12.1%12.1%FY ending Mar 2023: 10.5%10.5%FY ending Mar 2024: 3.2%3.2%FY ending Mar 2025: 8.8%8.8%FY ending Mar 2026: 10.6%10.6%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第15期(2025/04/01-2026/03/31)

    ID S100YBGM2026-06-17Open
  • EDINET (FSA Japan)

    有価証券報告書-第14期(2024/04/01-2025/03/31)

    ID S100VXKF2025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第13期(2023/04/01-2024/03/31)

    ID S100TN4M2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第12期(2022/04/01-2023/03/31)

    ID S100R1NN2023-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第11期(令和3年4月1日-令和4年3月31日)

    ID S100O9U52022-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第10期(令和2年4月1日-令和3年3月31日)

    ID S100LMPB2021-06-24Open

Extracted from XBRL: 45 / Derived from other figures: 1

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