BW20030528000057 20030528T132749Z UTC
( BW)(SUMITOMO-MITSUI-BNKG)(SBK) Final Results - Part 2
Business Editors
UK REGULATORY NEWS
TOKYO--(BUSINESS WIRE)--May 28, 2003--
15. Loan Portfolio, Classified by Industry
(1) Loans and bills discounted, classified by industry
(Millions of yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003
-------------------------
Risk-Monitored Loans
------------------------------------------------------------------------------------------------------------------------
Domestic offices (excluding offshore banking account) 53,795,885 5,045,798
------------------------------------------------------------------------------------------------------------------------
Manufacturing 6,031,262 219,954
Agriculture, forestry, fisheries, and mining 192,795 4,570
Construction 2,385,278 688,800
Transportation, communications and other public enterprises 2,968,971 134,852
Wholesale and retail 5,812,485 533,638
Finance and insurance 5,419,634 166,084
Real estate 8,240,327 2,052,350
Various services 5,622,703 949,154
Municipalities 508,144 -
Others 16,614,280 296,396
------------------------------------------------------------------------------------------------------------------------
Overseas offices and offshore banking accounts 3,486,479 123,733
------------------------------------------------------------------------------------------------------------------------
Public sector 119,468 11,639
Financial institutions 236,116 1,422
Commerce and industry 2,945,122 110,672
Others 185,772 -
------------------------------------------------------------------------------------------------------------------------
Total 57,282,365 5,169,531
------------------------------------------------------------------------------------------------------------------------
(Millions of yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2002
-------------------------
Risk-Monitored Loans
------------------------------------------------------------------------------------------------------------------------
Domestic offices (excluding offshore banking account) 54,863,439 5,691,294
------------------------------------------------------------------------------------------------------------------------
Manufacturing 7,531,964 317,433
Agriculture, forestry, fisheries, and mining 183,762 5,215
Construction 2,871,745 1,014,604
Transportation, communications and other public enterprises 2,849,799 65,699
Wholesale, retail and restaurant 7,210,408 728,764
Finance and insurance 5,269,537 216,911
Real estate 8,612,718 2,043,461
Services 6,409,089 1,003,371
Municipalities 337,572 -
Others 13,586,834 295,836
------------------------------------------------------------------------------------------------------------------------
Overseas offices and offshore banking accounts 5,438,880 145,298
------------------------------------------------------------------------------------------------------------------------
Public sector 182,437 13,580
Financial institutions 372,246 2,963
Commerce and industry 4,689,758 128,755
Others 194,437 -
------------------------------------------------------------------------------------------------------------------------
Total 60,302,319 5,836,592
------------------------------------------------------------------------------------------------------------------------
(Note) The "Japan Standard Industrial Classification" was revised
by a public notice No.139 from the Ministry of Public
Management, Home Affairs, Posts and Telecommunications,
which was released on Mar. 7, 2002 and took effect
on
Oct. 1, 2002. Consequently, loans and bills discounted, classified by industry regarding "domestic offices
excluding offshore
banking accounts" before Mar. 31, 2002 are based on the "Japan Standard Industrial Classification" before
this revision, and
those as of Mar. 31, 2003 are based on "Japan Standard Industrial Classification" after this revision.
(2) Problem Assets Based on the Financial Reconstruction Law, classified by industry and
reserve ratio
(Millions of yen, %)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003
------------------
Reserve ratio
-----------------------------------------------------------------------------------------------------------
Domestic offices (excluding offshore banking account) 5,111,997 54.3
-----------------------------------------------------------------------------------------------------------
Manufacturing 222,098 46.7
Agriculture, forestry,
fisheries, and mining 4,571 47.3
Construction 721,706 65.7
Transportation, communications and
other public enterprises 135,717 37.5
Wholesale and retail 539,974 41.2
Finance and insurance 168,045 54.3
Real estate 2,057,619 57.3
Various services 961,731 48.6
Municipalities - -
Others 300,536 71.9
-----------------------------------------------------------------------------------------------------------
Overseas offices and offshore banking accounts 149,348 58.4
-----------------------------------------------------------------------------------------------------------
Public sector 11,639 27.9
Financial institutions 1,422 -
Commerce and industry 136,287 62.6
Others - -
-----------------------------------------------------------------------------------------------------------
Total 5,261,345 54.9
-----------------------------------------------------------------------------------------------------------
(Millions of yen, %)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2002
------------------
Reserve ratio
-----------------------------------------------------------------------------------------------------------
Domestic offices (excluding offshore banking account) 5,753,026 49.9
-----------------------------------------------------------------------------------------------------------
Manufacturing 320,493 36.7
Agriculture, forestry,
fisheries, and mining 5,218 64.2
Construction 1,035,509 53.9
Transportation, communications and
other public enterprises 66,985 49.7
Wholesale, retail and restaurant 740,024 60.3
Finance and insurance 219,324 26.6
Real estate 2,047,293 42.7
Services 1,006,380 55.9
Municipalities - -
Others 311,800 76.5
-----------------------------------------------------------------------------------------------------------
Overseas offices and offshore banking accounts 167,321 51.1
-----------------------------------------------------------------------------------------------------------
Public sector 13,580 21.8
Financial institutions 2,963 65.1
Commerce and industry 150,778 55.3
Others - -
-----------------------------------------------------------------------------------------------------------
Total 5,920,347 49.9
-----------------------------------------------------------------------------------------------------------
(Notes) 1.In addition to loans,
"Problem Assets Based
on the Financial
Reconstruction Law"
includes acceptances
and guarantees,
suspense payments, and other suspense payments, and
credit-type assets. other credit-type assets.
2. Reserve Ratio = (Reserve for possible loan losses) / (Assets excluding
amounts recoverable due to collaterals and guarantees)
Reserve for possible
loan losses is sum of
general reserve for
substandard loans and
specific reserve.
(3) Consumer loans outstanding
(Millions of
yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
-----------------------------------
Change
------------------------------------------------------------------------------------------------------------------------
Consumer loans 13,665,876 77,650 13,588,226
------------------------------------------------------------------------------------------------------------------------
Housing loans 12,339,291 279,096 12,060,195
------------------------------------------------------------------------------------
Residential purpose 8,346,632 440,959 7,905,673
------------------------------------------------------------------------------------
Others 1,326,585 (201,446) 1,528,031
------------------------------------------------------------------------------------------------------------------------
(4) Loans to small- and medium-sized enterprises
(Millions of
yen, %)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
------------------
Change
------------------------------------------------------------------------------------------------------------------------
Outstanding balance 36,733,241 (2,391,077) 39,124,318
------------------------------------------------------------------------------------------------------------------------
Ratio to total loans 68.3 (3.0) 71.3
------------------------------------------------------------------------------------------------------------------------
(Note) Outstanding balance does not include loans at overseas branches
and offshore banking accounts.
16. Overseas Loans
(1) Loans to specific overseas countries
(Millions of
yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
------------------------------
Change
------------------------------------------------------------------------------------------------------------------------
Loan balance 108,077 (44,223) 152,300
------------------------------------------------------------------------------------------------------------------------
Number of countries 9 - 9
------------------------------------------------------------------------------------------------------------------------
(2) Loans classified by country
(i) Loans to Asian countries (Millions of
yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
------------------------------
Change
------------------------------------------------------------------------------------------------------------------------
Indonesia 111,459 (45,916) 157,375
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 36,181 (2,923) 39,104
------------------------------------------------------------------------------------------------------------------------
Thailand 202,213 (106,409) 308,622
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 20,218 7,295 12,923
------------------------------------------------------------------------------------------------------------------------
Korea 165,163 3,623 161,540
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 353 (681) 1,034
------------------------------------------------------------------------------------------------------------------------
Hong Kong 246,017 (89,747) 335,764
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 8,120 (5,838) 13,958
------------------------------------------------------------------------------------------------------------------------
China 129,464 (13,408) 142,872
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 2,669 (9,324) 11,993
------------------------------------------------------------------------------------------------------------------------
Singapore 223,102 (7,989) 231,091
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 119 (277) 396
------------------------------------------------------------------------------------------------------------------------
India 35,339 (16,520) 51,859
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 5,137 370 4,767
------------------------------------------------------------------------------------------------------------------------
Malaysia 63,957 (13,219) 77,176
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 645 (2,290) 2,935
------------------------------------------------------------------------------------------------------------------------
Pakistan 3,297 (1,880) 5,177
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 1,365 (815) 2,180
------------------------------------------------------------------------------------------------------------------------
Others 50,133 (3,099) 53,232
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
========================================================================================================================
Total 1,230,147 (294,566) 1,524,713
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 74,807 (14,483) 89,290
------------------------------------------------------------------------------------------------------------------------
(Notes) Classified by domicile of debtors (same for the following
tables).
(ii) Loans to Central and South American countries (Millions of
yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
------------------------------
Change
------------------------------------------------------------------------------------------------------------------------
Chile 5,534 (1,692) 7,226
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
Columbia 11,087 (8,714) 19,801
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 823 (169) 992
------------------------------------------------------------------------------------------------------------------------
Mexico 18,411 (1,751) 20,162
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 721 (237) 958
------------------------------------------------------------------------------------------------------------------------
Argentina 1,544 (814) 2,358
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
Brazil 36,760 (26,362) 63,122
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
Venezuela 9,263 (2,083) 11,346
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
Panama 171,756 (42,237) 213,993
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
Others 1,050 (95) 1,145
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 124 (13) 137
========================================================================================================================
Total 255,409 (83,747) 339,156
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans 1,668 (419) 2,087
------------------------------------------------------------------------------------------------------------------------
(iii) Loans to Russia (Millions of
yen)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
------------------------------
Change
------------------------------------------------------------------------------------------------------------------------
Russia 5,423 1,648 3,775
------------------------------------------------------------------------------------------------------------------------
Risk-monitored loans - - -
------------------------------------------------------------------------------------------------------------------------
(3) Problem Assets Based on the Financial Reconstruction Law, classified by domicile
(Millions of
yen, %)
------------------------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
-----------------------------------------------------
Reserve ratio Change
------------------------------------------------------------------------------------------------------------------------
Overseas and Japan offshore banking accounts 149,348 58.4 (17,973) 167,321
------------------------------------------------------------------------------------------------------------------------
Asia 89,380 49.0 (14,222) 103,602
----------------------------------------------------------------------------------------------------
Indonesia 36,181 42.2 (4,595) 40,776
----------------------------------------------------------------------------------------------------
Hong Kong 12,208 60.0 (3,759) 15,967
----------------------------------------------------------------------------------------------------
India 7,648 65.3 641 7,007
----------------------------------------------------------------------------------------------------
China 2,688 58.3 (9,614) 12,302
----------------------------------------------------------------------------------------------------
Others 30,655 51.2 3,105 27,550
----------------------------------------------------------------------------------------------------------------
North America 50,537 87.2 4,115 46,422
----------------------------------------------------------------------------------------------------------------
Central and South America 7,785 65.1 5,698 2,087
----------------------------------------------------------------------------------------------------------------
Western Europe 1,646 65.4 (9,735) 11,381
----------------------------------------------------------------------------------------------------------------
Eastern Europe - - (3,829) 3,829
------------------------------------------------------------------------------------------------------------------------
(Notes) 1.In addition to loans, "Problem Assets Based on
the Financial Reconstruction Law" includes
acceptances and guarantees,
suspense payments, and other credit-type assets.
Reserve Ratio = (Reserve for possible loan losses) / (Assets excluding amounts recoverable due to
2. collaterals and guarantees)
Reserve for possible loan losses is sum of general
reserve for substandard loans and specific
reserve.
Classified by domicile of
3. debtors.
17. Information on Deposits and Loans
(1) Deposits and loans outstanding
(Millions of yen, %)
------------------------------------------------------------------------------------------------------------------------
FY2002 FY2001
--------------------
Change
----------------------------------------------------------------------------------------------------------
Deposits (term-end balance) 58,610,731 (2,901,275) 61,512,006
----------------------------------------------------------------------------------------------------------
Deposits (average balance) 58,674,833 540,747 58,134,086
----------------------------------------------------------------------------------------------------------
Domestic 51,622,549 3,939,509 47,683,040
--------------------------------------------------------------------------------------------------
Average yield 0.04 (0.05) 0.09
==========================================================================================================
Loans (term-end balance) 57,282,365 (3,019,954) 60,302,319
----------------------------------------------------------------------------------------------------------
Loans (average balance) 59,391,403 (1,612,495) 61,003,898
----------------------------------------------------------------------------------------------------------
Domestic 53,858,748 (85,602) 53,944,350
--------------------------------------------------------------------------------------------------
Average yield 1.73 (0.11) 1.84
----------------------------------------------------------------------------------------------------------
(Note) Deposits exclude "negotiable certificates of deposit"
(2) Deposits outstanding, classified by depositor
(Millions of
yen)
----------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
--------------------
Change
----------------------------------------------------------------------------------------------------------
Domestic deposits 56,471,772 1,396,888 55,074,884
----------------------------------------------------------------------------------------------------------
Individual 31,210,201 784,463 30,425,738
--------------------------------------------------------------------------------------------------
Corporate 25,261,571 612,425 24,649,146
----------------------------------------------------------------------------------------------------------
(Note) Calculation based on the numbers before elimination of
temporary inter-office accounts. Excluding "negotiable
certificates of deposit" and offshore banking accounts.
(Reference) (Millions of
yen)
----------------------------------------------------------------------------------------------------------
Mar. 31, 2003 Mar. 31, 2002
--------------------
Change
----------------------------------------------------------------------------------------------------------
Outstanding balance of investment trust sales 1,676,084 103,373 1,572,711
----------------------------------------------------------------------------------------------------------
Sales to individuals 1,598,577 112,637 1,485,940
----------------------------------------------------------------------------------------------------------
(Note) Contract basis, calculated from the net worth of respective
funds at term-end.
18. Other Financial Data
(1) Debt Forgiveness
(Billions of yen)
------------------------------------------------------------------------
FY2002
------------------------------------------------------------------------
Number of companies forgiven the
debt 7
------------------------------------------------------------------------
Principal amount forgiven 177.1
------------------------------------------------------------------------
(Note) Debt forgiveness associated with legal settlement is
not included.
(2) Outstanding amount and sales of cross-shareholdings
Outstanding amount of cross-shareholdings (Billions of yen)
------------------------------------------------------------------------
FY2002
------------------------------------------------------------------------
Balance sheet amount 3,161.3
------------------------------------------------------------------------
Acquisition cost 3,313.9
------------------------------------------------------------------------
(Note)
Outstanding amount of stock in other securities (excluding stock of parent company)(Billions of yen)
------------------------------------------------------------------------
FY2002
------------------------------------------------------------------------
Sales of cross-shareholdings 1,100.0
------------------------------------------------------------------------
19. Number of Directors and Employees
------------------------------------------------------------------------------------------- -----------------
Mar. 31, 2003 Mar. 31, 2002 Mar. 31, 2003
------------------------------------
Change "The Plan"
------------------------------------------------------------------------------------------- -----------------
Directors and auditors 18 47 [33]
[17] (29) 38
------------------------------------------------------------------------------------------- -----------------
Employees 24,024 25,658 [25,027]
[23,401] (1,634) 23,500
------------------------------------------------------------------------------------------- -----------------
(Note) 1. Employees include clerical staffs and transferred staffs, and exclude executive officers, part-
timers, temporary and
overseas local
staffs.
2. Directors, auditors and employees as of Mar. 31, 2002 are the sum of those of SMBC and Wakashio Bank . In
order to clarify
the progress in the Plan for Strengthening the Financial Base
of the Bank, numbers for the former SMBC are indicated in
brackets.
For the same purpose, directors, auditors and employees as of Mar. 31, 2003 excluding those for Community
Banking Unit of
SMBC are indicated in brackets.
20. Number of Offices
------------------------------------------------------------------------------------------- -----------------
Mar. 31, 2003 Mar. 31, 2002 Mar. 31, 2003
------------------------------------
Change "The Plan"
------------------------------------------------------------------------------------------- -----------------
Domestic branches*1 437 [403] (160) 597 [564] 401
------------------------------------------------------------------------------------------- -----------------
Overseas branches*2 20 [20] (1) 21 [21] 22
------------------------------------------------------------------------------------------- -----------------
Overseas subsidiaries*3 26 [26] 1 25 [25] 28
------------------------------------------------------------------------------------------- -----------------
(*1)Sub-branches, agencies, branches specialized in receiving money transfers, branches
specialized in controlling ATMs
in convenience stores, and International Business Operations
Department are excluded.
(*2)Sub-branches and
representative
offices are
excluded.
(*3)Excluding affiliates, of which the Bank has less than 50% equity
interest.
(*4)Numbers of branches and subsidiaries as of Mar. 31, 2002 are the sum of those of SMBC
and Wakashio Bank. In order to clarify
the progress in the Plan for Strengthening the Financial Base of the Bank, numbers
for the former SMBC are indicated in [ ].
For the same purpose, numbers of branches and subsidiaries as of Mar. 31, 2003
excluding those for Community Banking Unit of
SMBC are indicated in brackets. 2 combined
branches are included.
21. Reorganization of Group Companies
To view this information please visit:
http://www.smfg.co.jp/english/financial/statement/h1503fgfi_pdf/h1503_e3_00.pdf
(2) Overview of Merger Accounting
(Billions of
yen)
-------------------------------------------------------------------------------- -------- ------------
SMBC (the dissolving entity) Mar 31, 2002 The day before the merger Net assets
(After appropriation)(1) (Mar 16, 2003) succeeded
(2) (2)+(3)
Adjustments for merger
accounting
(3)
-------------------------------------------------------------- ---------------------------------------
Capital stock 1,326.7 1,058.0 (578.8) 479.2
-------------------------------------------------------------- ---------------------------------------
Capital surplus 1,684.4 2,004.0 (826.7) 1,177.3
-------------------------------------------------------------- ---------------------------------------
Capital reserve 1,326.8 1,646.4 (826.7) 819.7
Other capital
surplus 357.6 357.6 - 357.6
-------------------------------------------------------------- ---------------------------------------
Retained earnings 345.9 (436.5) 658.4 221.9
-------------------------------------------------------------- ---------------------------------------
Land revaluation
excess 100.4 97.4 - 97.4
-------------------------------------------------------------- ---------------------------------------
Net unrealized losses on
other securities (298.0) (672.8) 672.8 -
-------------------------------------------------------------- ---------------------------------------
Treasury stock (0.3) - - -
============================================================== =======================================
Total stockholders'
equity 3,159.1 2,050.1 (74.3) 1,975.8
-------------------------------------------------------------- -------- ---------- ------------
excluding net unrealized losses on
other securities 3,457.1 2,722.9 (747.1) 1,975.8
-------------------------------------------------------------- -------- ---------- ------------
(*)The sum of earned surplus reserve and earnings
carry-over after the appropriation of profit for
FY 2001, the last fiscal year before the merger,
excluding interim dividends distributed to SMFG
(JPY124 billion).
(a) Breakdown of changes in capital (b) Breakdown of write-off of unrealized losses
stock
and capital
reserve
----------------------------- ------------------------- -------- ---------- ------------
Capital stock + Other securities Before Adjustments After
Capital reserve merger for adjustments
merger for
accounting merger
accounting
-------------------------------------------------------------- -------- -----------------------
Mar 31, 2002 2,653.5 Stocks (798.6) 672.8 (125.8)
----------------------------- ------------------------- -------- ---------- ------------
Reorganization Unrealized gains
of group
companies (399.4) 97.3 - 97.3
Capital Unrealized losses
raising +450.3 (895.9) 672.8 (223.1)
---------------------- ---------------------------------- ---------- ------------
Change +50.9 Bonds 102.9 - 102.9
----------------------------- ------------------------- -------- ---------- ------------
The day before the Others
merger 2,704.4 22.9 - 22.9
----------------------------- ========================= ======== ========== ============
Subtotal (672.8) 672.8 -
------------------------- -------- ---------- ------------
------------------------- -------- ---------- ------------
Net unrealized losses on
lands (110.1) 110.1 -
------------------------- -------- ---------- ------------
------------------------- -------- ---------- ------------
Total unrealized losses (782.9) 782.9 -
---------------------------------- ---------- ------------
Deferred tax amount recognized via merger
accounting (related to net unrealized
losses on lands) (35.8)
----------
Amount of adjustments for merger
accounting 747.1
----------
< (168,289)>< 1,267,615 >
< 257,837 >< (247,621)>< 505,458 >
< 34,069 >< (151,016)>< 185,085 >
< 205,733 >< 32,290 >< 173,443 >
Trust fees 7 7 -
Fees and commissions 278,790 38,315 240,475
< >< >
foreign exchanges> 108,503 7,554 100,949
Trading profits 196,726 75,312 121,414
Other operating income 194,653 42,302 152,351
< 6,822 >< (3,639)>< 10,461 >
< 174,871 >< 48,658 >< 126,213 >
Other income 100,754 13,950 86,804
< 51,205 >< (3,051)>< 54,256 >
------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
Ordinary expenses 3,015,213 (311,966) 3,327,179
------------------------------------------------------------------------------------------------------------------
Interest expenses 423,804 (293,887) 717,691
< 145,905 >< (178,281)>< 324,186 >
< >< >
deposit> 6,350 (8,082) 14,432
< 106,891 >< (30,009)>< 136,900 >
Fees and commissions 84,124 9,162 74,962
< >< >
foreign exchanges> 21,077 349 20,728
Trading losses 725 600 125
Other operating expenses 47,980 (13,333) 61,313
< 37,034 >< (13,510)>< 50,544 >
< 8 >< (2,823)>< 2,831 >
< 2,169 >< (3,535)>< 5,704 >
General and administrative expenses 671,639 (33,488) 705,127
Other expenses 1,786,938 18,982 1,767,956
< >< >
losses> 614,628 (545,201) 1,159,829
< 284,418 >< (945)>< 285,363 >
< >< >
sold> 15,245 (21,789) 37,034
< 159,448 >< 105,142 >< 54,306 >
< 527,465 >< 396,757 >< 130,708 >
------------------------------------------------------------------------------------------------------------------
(Notes) 1. Amounts less than JPY 1million have been omitted.
2. Figures for FY2002 include the former SMBC's profits and losses before merger, from April 1, 2002
to March 16, 2003,
comparable to the figures for FY2001.
(The former SMBC was dissolved on Mar. 17, 2003 due to the merger with Wakashio Bank, therefore
profits and losses
before merger, from April 1, 2002 to March 16,
2003, are not included in the new SMBC's
statement of income for FY2002.)
Short Name: Sumitomo Mitsui Bnkg
Category Code: FR
Sequence Number: 00005206
Time of Receipt (offset from UTC): 20030528T132625+0100
--30--ZW/uk* KO/uk
CONTACT: Sumitomo Mitsui Bnkg
KEYWORD: UNITED KINGDOM JAPAN INTERNATIONAL EUROPE ASIA PACIFIC
INDUSTRY KEYWORD: BANKING
SOURCE: Sumitomo Mitsui Bnkg
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