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CORPORATE PROFILE 2016
Tokyo Head Office
1-3-2, Marunouchi, Chiyoda-ku, Tokyo 100-8287, Japan
TEL: +81-3-5219-6400
Osaka Head Office
3-10-19, Minami-senba, Chuo-ku, Osaka 542-0081, Japan
TEL: +81-6-6282-2828
www.smfl.co.jp/english/
H2
A 17th Century technological pioneer at the heart
of a modern global consortium
Not only in matters of business but in all situations, make
efforts with deepest gratitude in every aspect.
— Masatomo Sumitomo’s Founder’s Precepts, 17th Century
A simple bookstore, a small medicine shop, and a man
of unquestionable integrity. The beginning of the
Sumitomo journey.
Guided by his family’s high ethical standards, brother-in-law
Riemon Soga developed a revolutionary method for
refining copper, which became a successful copper
trading business that grew to include sugar, thread,
kimonos and other commodities and products.
Sumitomo would later expand into financial services,
eventually earning a reputation as a trusted conglomerate
that helped transform Japan into the major economic
power it is today.
Note: Drawing from the Sumitomo Historical Archives; statue and
founder’s document from the Sumitomo Corporation website
Founder’s Precepts
preserved for posterity
Flexible, finance-friendly leasing
Wooden statue of
Masatomo Sumitomo,
who inspired Sumitomo’s
business ethics
From Japan to the world. Leasing expertise backed by the strength and
resources of the Sumitomo and Mitsui synergy.
Sumitomo Mitsui Finance and Leasing Today
A retail and financial visionary from the past whose
ideas shape business today
A novel idea for growing a kimono business by an
enterprising businessman changed the face of retail
forever. Instead of visiting clients and taking orders for
later delivery, Takatoshi Mitsui launched a new type of
store and had customers flocking to him.
The venture was popular for its fixed prices,
cash-only transactions and speedy delivery made
possible by outsourcing each step of production to
different artisans.
Mr Mitsui also prospered as a money exchanger, creating
a system whereby a merchant in one city could deposit
money to be later withdrawn in another city. This avoided
the hazards of transporting large sums, and was eagerly
adopted by both merchants and the government. This
innovation formed the model for the first private-sector
bank, which was destined over time to become the
Sumitomo-Mitsui Banking Corporation.
Note: Drawings from Mitsui Bunko (left) and Isetan Mitsukoshi Ltd. (right);
text based on information provided by the MITSUI Public
Relations Committee
New Year's Day Scene at
Suruga-chô Echigoya shops.
Artist: Unknown
Suruga-chô, from the series
Famous Places in Edo
(Edo meisho)
Artist: Hiroshige
Large Perspective View of
the Interior of Echigo-ya in
Suruga-chô (Suruga-chô
Echigoya gofukuten ô-ukie)
Artist: Okumura Masanobu
Since 1968 Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) has been
offering financial leasing products to numerous corporate clients.
Renowned for leasing expertise covering a broad range of industries and
fields, SMFL is especially adept at financing capital investment projects
tailored to meet customer needs, achieve expected outcomes, and address
budgetary concerns. Our extensive experience in both products and
product flows gives us the edge when finding workable solutions for even
the most challenging projects. In Japan and other major business centers
around the world, our professionals work closely with you to understand
your capital requirements, then craft the appropriate leasing plan.
A History of Financial Excellence and Assured Expectations
1993
ALL 1970s
Partners with different businesses to
form strategic alliances and solidify
business foundation
FY 1971
MAY 1968
Becomes the first
company in Japan to
begin leasing
semiconductor
manufacturing
equipment
MAR 2003
Establishes Sumisho
Leasing (Thailand) Co.,
Ltd.1; acquires Marubeni General
Leasing Corporation2 as a
consolidated subsidiary
Exceeds ¥10 billion in contract
execution volume for first time
Enters leasing business
OCT 1969
Sumisho Lease
Founding company
— Tozai Kogyo Co., Ltd., —
was established February
1963 in Osaka.
Acquires AJCC Corporation4 from equity-method affiliate as a consolidated subsidiary
SEP 1988
JAN 2010
Obtains listing in First Section of the
Osaka Securities Exchange
Enters Indonesian market with establishment of PT. SMFL
Leasing Indonesia
Note: Delisted in June 2007
Merges Sumigin Rex Co., Ltd. and Nichiere Co., Ltd. to form Nexrent Corporation3
MAY 2005
1994
Begins sales of used
semiconductor manufacturing
equipment obtained from expired
leases
1970s - 1980s
Founding company
— Sogo Lease Co., Ltd., —
was established September
1968 in Osaka.
Acquires Nichiere Co., Ltd.3 as a consolidated subsidiary to strengthen rental business
JUL 2009
Obtains listing in First Section of the
Tokyo Stock Exchange
SMBC Leasing
DEC 2008
Obtains listing in Second Section of
the Osaka Securities Exchange
MAR 1989
1960s
Sumisho Lease Co., Ltd. and SMBC Leasing Co., Ltd. merge,
creating Sumitomo Mitsui Finance and Leasing Co., Ltd.
JUN 2009
NOV 1983
Changes name to Sumisho Lease
Co., Ltd.; beings operations by
leasing out milling machines
OCT 2007
1990s
Acquires Just-In Rentec Co., Ltd.3 as a
consolidated subsidiary to expand
business for rental of computers and
healthcare equipment
2000s~
NOV 2010
Acquires SFI Leasing Co., Ltd. as a consolidated subsidiary
JUN 2012
Joins Sumitomo Mitsui Banking Corporation
and Sumitomo Corporation to purchase
aircraft leasing business9 from Royal Bank of
Scotland Group PLC
JUL 1972
SEP 1996
SEP 2001
Opens Nagoya branch office,
followed by eight other offices in
the1970s throughout Japan
Establishes SB Leasing
(Guangzhou) Co., Ltd.,6
a key group company
in China
Changes name to SMBC Leasing
Co., Ltd.
DEC 2012
OCT 2003
JUN 2013
DEC 1996
JUL 2007
AUG 1972
Establishes Hong Kong
General Lease Co., Ltd.
ALL 1980s
Opens branch offices throughout
Kansai and Kanto regions to
strengthen domestic business
MAY 1980
Enters Southeast Asian
market with establishment
of The General Lease
(Singapore) Pte. Ltd.5
Establishes Sumigin Rex Co., Ltd.
to expand business for rental of
measuring instruments
MAR 1997
Establishes SB Leasing
(Malaysia) Sdn. Bhd.7 to
strengthen business in
Southeast Asia
Merged with Sakura Lease Co., Ltd.
Opens branch office in
Shanghai 8 to expand
business in China
Opens branch office in Beijing10 to expand business in China
Opens branch office in Chengdu11 to expand business
in China
OCT 2013
Merges Just-In Rentec Co., Ltd. and Nexrent Corporation to form SMFL Rental
Co., Ltd.
APR 2014
Establishes New York branch office and San Francisco office
JUL 2014
Joins Green Hospital Supply Inc. to establish Hospital Supply Japan Co., Ltd.
DEC 2014
Establishes a subsidiary in the China’s Shanghai Pilot Free
Trade Zone
DEC 2015
Acquires DMG MORI Finance GmbH as a consolidated
subsidiary
APR 2016
Acquires GE Japan GK as a consolidated subsidiary
1 Currently SMFL Leasing (Thailand) Co., Ltd.
7 Currently SMFL Leasing (Malaysia) Sdn. Bhd.
2 Currently MG Leasing Corporation
8 Currently Shanghai Sumitomo Mitsui General Finance and Leasing Co., Ltd.
3 Currently SMFL Rental Co., Ltd.
9 Currently SMBC Aviation Capital (a conglomerate of firms)
4 Currently AJCC Co., Ltd.
10 Part of Sumitomo Mistui Finance and Leasing (China) Co., Ltd.
5 Currently Sumitomo Mitsui Finance and Leasing (Singapore) Pte. Ltd.
11 Part of Shanghai Sumitomo Mitsui General Finance and Leasing Co., Ltd.
6 Currently Sumitomo Mitsui Finance and Leasing (China) Co., Ltd.
SMFL Today
Solidly positioned for sustainable growth
CORPORATE PHILOSOPHY
SMFL's expertise and inherent financial stability lets you
tailor financing to meet specific needs.
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Anticipating the needs of each era, SMFL is
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providing high-value-added services while promoting growth and development
in partnership with its customers,
engaging in business activities that anticipate the needs of each era
in a bid to continuously enhance corporate value,
conducting business in a manner that adheres strictly to the rule of law
and the highest moral standards, and
fostering a free-spirited corporate culture while creating a workplace environment
that allows employees to make the most of their drive and capabilities.
TOTAL ASSETS 2
$69.8 billion
SMFL BY THE NUMBERS
For the fiscal year ended March 31,2016
RATINGS
Baa1 A
–
40
Moody’s
S&P
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+
R&I
Revenues
Operating Assets
$10.1 billion
$37.2 billion
Profit Attributable to Owners of Parent
Contract Execution Volume
$ 0.4 billion
$17.7 billion
percent1
1 Ratio of share holding excluding treasury stock
2 As of March 31, 2016
Exchange rate: ¥112.62 to U.S.$1.00
One of the most trusted names in Japan,
SMFG is a leading figure in the financial
world. The Group mainly provides
banking services in addition to other
financial services such as leasing,
securities and consumer finance.
Spanning the globe in over 60 countries
across six continents, Sumitomo
Corporation is the firm Japan trusts most
for vital import and export operations,
including trilateral trade and domestic as
well as international business investments.
Note
・Amounts shown above for the Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Finance and Leasing
Co., Ltd. are calculated at the rate of ¥112.62 to US$1.00. For Sumitomo Corporation, the rate is ¥112.00 to US$1.00.
・Amounts shown on pages 5 and 6 are consolidated figures.
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CORPORATE PROFILE 2016
Global Coverage
15
OFFICES
Employees
2,481
WORLDWIDE
CORPORATE PROFILE 2016
6
President’s Message
A balanced approach to leveraging opportunities
in Japan and overseas markets
healthcare and second-hand machinery sales, while
finance arm of DMG MORI Group for Europe) as a
also diversifying into new sectors like
consolidated subsidiary in December 2015.
hydrogen-related businesses and agriculture. Efforts
were made to strengthen SMFL’s position in the
As regards our aircraft-leasing business, we
non-solar renewable energy market through
continued to offer tailored solutions for air carriers
development of new products and services. For
and aircraft investors. Moreover, in order to better
healthcare, we introduced timely new products and
position ourselves in the industry, we implemented a
branched out into untapped geographical markets.
number of efficiency measures, including
Additionally, we improved our second-hand
streamlining and refining operations as well as
machinery business by shoring up sales and
enhancing portfolio management.
management as well as by implementing
organizational changes that now allow us to explore
In terms of sales, our contract execution volume of
new sales channels.
1,994.8 billion yen for 2015 was up 6.9% from 2014,
and operating assets of 4,192.7 billion yen reflected
SMFL’s diversification into other fields showed
an increase of 5.2% over the same period.
promising results and was highlighted by our
hydrogen-related business, which includes leasing
Amidst a constantly changing business environment,
mobile hydrogen fueling stations, smart hydrogen
we see 2016 as a year to further consolidate our existing
stations and other similar facilities. We also devised
business model while maintaining enough flexibility to
new leasing programs to support corporate
seize opportunities as they arise in new markets and
agriculture and full-time farmers. Lastly, our decision
fields. Furthermore, by leveraging the benefits gained
SMFL’s performance in 2015 focused on solidifying
our three-year, medium-term management plan from
at the end of 2015 to acquire the Japanese leasing
by the Group’s latest acquisitions of General Electric
and expanding our current businesses and tapping
2013. This determination to steer the course
operations of General Electric Group was designed
and DMG MORI Finance, we aim to continue growth in
into promising new ones.
ultimately paid off. We made notable progress
to fuel future domestic performance.
both our domestic and overseas operations.
towards achieving our goals, such as expanding
Thanks to rising corporate earnings in many markets
business activities in growth areas, bolstering
Overseas, SMFL fielded a variety of customer
We welcome your ongoing support as we move
worldwide, there was a mild recovery in capital
overseas operations (especially in Asia and emerging
requests for new and better products. We responded
through 2016.
investment, resulting in a generally positive
markets), and establishing a sustainable
by expanding the range of products financed and
environment for our activities. At the same time,
aircraft-leasing platform that will ensure future growth.
fine-tuning current offerings. In addition, our global
sales finance network received a huge boost when
however, economic downturns in some emerging
markets presented challenges that required the
In Japan, we broadened our presence in high-
the New York office became fully operational and
Group to maintain its focus on strategies set forth in
growth areas, which include environment/energy,
after acquiring DMG MORI Finance GmbH (the sales
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CORPORATE PROFILE 2016
Yoshinori Kawamura
President
CORPORATE PROFILE 2016
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ⓒ Courtesy of Saitama Prefecture
In the Street
Saving Energy
Supporting initiatives
for a hydrogen-based society
Japan is committed to using hydrogen for a significant portion
of its energy needs. The goal is to put more fuel cell vehicles
(FCVs) on the street and introduce hydrogen power to homes
and office buildings in order to replace carbon-based
emissions with harmless water vapor. The cornerstone of this
vision is the FCV, which calls for revamping the energy
infrastructure. This entails building a nation-wide network of
hydrogen fuel stations that will gradually wean people away
from reliance on fossil fuels.
Looking to become a key player in this undertaking, SMFL has
been involved in a number of ambitious pilot projects. We
successfully worked with Saitama Prefecture to obtain funding
from the Ministry of the Environment for a smart hydrogen
station, which cleanly produces hydrogen without CO 2
emissions. Prior to that, we set up Japan’s first leasing plan for
a commercial-use mobile hydrogen fuel station that debuted
in Tokyo last spring.
ⓒ Courtesy of Nippon Mobile Hydrogen Station Services, LLC
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CORPORATE PROFILE 2016
CORPORATE PROFILE 2016
10
On the Farm
Transforming Agriculture
Nurturing Japanese agribusiness with
equipment and facility leasing
Agriculture in Japan is changing, with small, family-run farms growing into more sophisticated
businesses and with the emergence of an entirely new agribusiness sector. Many producers of
agricultural products are boosting efforts to expand holdings, consolidate operations and
aggressively market their products themselves. For example, some growers are processing crops to
produce finished food products such as juice and packaged salads, then branding these to target
specific market segments.
SMFL is helping lead the transformation towards more efficient and profitable agribusiness with
leasing plans tailored to keep up with the demands of larger, more technically advanced operations.
Unlike our conventional leasing programs, which are heavily influenced by the financial fitness of the
lessees, SMFL’s agricultural leases also take into account other tangibles such as production
techniques, marketing plans and sales channels, along with intangibles such as the commitment and
vision of the entities applying for equipment and facility leases.
Greenhouse
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CORPORATE PROFILE 2016
Farm equipment
Winery equipment
CORPORATE PROFILE 2016
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In the Air
Aircraft Leasing Business
Expanding aircraft operations
with integrated solutions
Our aircraft leasing operations expanded further in 2012 through acquisition of one of the world’s
leading aircraft leasing companies, SMBC Aviation Capital.
As passenger traffic soars and demand for fuel-efficient aircraft increases, we expect the aircraft
leasing market to grow substantially in the coming years. In response to this development, SMBC
Aviation Capital plans to expand its fleet to over 600 modern technologically advanced aircraft,
including direct orders with Airbus and Boeing.
The consortium that we formed with Sumitomo Mitsui Banking Corporation and Sumitomo
Corporation to expand aircraft operations has now built a team of over 300 professionals,
providing custom-made solutions and meeting the wide-ranging needs of airlines and investors.
ⓒ AIRBUS
AIRBUS
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CORPORATE PROFILE 2016
ⓒ BOEING
BOEING
CORPORATE PROFILE 2016
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Our Services
Your trusted partner for comprehensive
business financing services
Global Services
Vendor finance
For manufacturers and retail concerns, SMFL’s leasing and deferred payment services cover
marketing and advertising activities. Our marketing networks inside and outside Japan
provide timely, targeted support for marketing activities worldwide.
Advantages for vendors
Sales activities can be
timed to the expiration
of the lease.
Service Overview (Japan)
Settlement methods can
be tailored to fit local
business practices,
thereby enhancing the
customer base.
Billing/collections are
faster and more efficient
since SMFL makes one
payment on behalf of
the customer.
International transactions
SMFL offers cross-border leasing and deferred payment purchases for your overseas
Finance leases and installment sales
operations. Our many options let you acquire overseas facilities that match your budgetary
When your business requires new equipment, let SMFL help. We’ll make the purchase for you
requirements based on workable contract terms in the selected currencies.
then provide easy leasing terms for a variety of equipment in fields such as IT, telecom,
manufacturing, construction, transportation and healthcare. Our plans are tailored to your
Advantages for users
specific needs and take into account equipment lifecycle and other factors. And if you want to
Different methods of
settlement can be
chosen, depending on
local requirements and
regulations.
purchase the equipment, we offer attractive installment plans.
Determine contract term
and select currency in
accordance with the
overseas branch’s
financial plan.
Local staff
knowledgeable in laws
and regulations of the
host country provide
total support.
Factoring
Hedge credit risks, streamline balance sheets, improve cash flow, and diversify fund
procurement with SMFL’s factoring services. We’ll purchase your notes and accounts
receivable on a non-recourse basis. And unlike bill discounting, if receivables cannot be
collected due to debtor bankruptcy, you won’t be obligated to repurchase the receivables.
Promissory Note Assets
Accounts Receivable
Sales proceeds,
etc., recovered
as notes
Your business
Transfer of endorsed notes
(Uncollateralized endorsements)
Lump-sum
payment of salesproceeds notes
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CORPORATE PROFILE 2016
Your business
is among the highest rated and most trusted firm in the industry.
“We’re in a demanding business that provides heavy machinery to
Thai construction companies. Due to SMFL’s relationships with
Your clients
Transfer
of claims
notices/acceptances
large machinery manufacturers, we thought they would make the
ideal partner for our operations. We were right. For ten years, their
Transfer of accounts receivable
Lump-sum
payment of
transferred amounts
Because our clients know best. Sumitomo Mitsui Finance and Leasing
What one client says
Accounts
receivable
Your clients
Why SMFL?
Payment on
due date
staff has done whatever it takes to close our deals. We wouldn’t
Mr. Lertsak Lertariyanunt
have the success we currently enjoy without them.”
Vice President
Ariya Equipment Co., Ltd.
CORPORATE PROFILE 2016
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Experienced Professionals
Assisting businesses worldwide with tailored
financial services and support
Ivette Morel
Victoria Grillo
(New York)
Pan Chubing
(Guangzhou)
Wu Yingwen
(Guangzhou)
Peng Lu
Ying Xing
(Beijing)
Suo liang Jia
(Shanghai)
Dublin
London
Yi Ran Zhang
(Chengdu)
Charissa Ng
Hubert Kwan
(Hong Kong)
Keattisak Sutaprom
Phanni Choocherd
(Bangkok)
Amsterdam (SMBC Aviation Capital)
Wernau (DMG MORI Finance GmbH)
New York
Beijing
San Francisco
Tokyo
Chengdu
Shanghai
Guangzhou
Hong Kong
Bangkok
Kuala Lumpur
Singapore
Jakarta
Developing an understanding of finance in Indonesia
Serene Lau
(Kuala Lumpur)
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CORPORATE PROFILE 2016
n Su
S
Guobin
apo
ore)
(Singapore)
Citra Laras Kinanti
Victor Yakonias Saiya
(Jakarta)
Creating a sustainable business environment requires an
understanding of finance. To this end, members of our
Indonesian subsidiary — SMFL Leasing Indonesia — visited
Advent High School in Ciracas to give a lecture on basic
finance. About 165 teachers and students attended and came
away with a deeper knowledge of this field. SMFL will
continue activities like this to broaden knowledge of finance
across all segments of society, now and into the future.
CORPORATE PROFILE 2016
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Global Network
Offices in strategic financial and
manufacturing centers spanning the globe
CHINA
THAILAND
Sumitomo Mitsui Finance and Leasing (China) Co., Ltd.
Guangzhou
Unit 2302, TaiKoo Hui Tower 1, 385 Tianhe Road,
Guangzhou, China
TEL: +86-20-8755-0021 FAX: +86-20-8755-0422
Four offices cover the entire country, offering direct
finance leases, sales/leaseback services, cross-border
installment transactions and other solutions. We
also maintain a presence in the Shanghai Pilot Free
Trade Zone.
SMFL Leasing (Thailand) Co., Ltd.
30th Floor, Q. House Lumpini Building, 1 South
Sathorn Road, Tungmahamek, Sathorn, Bangkok
10120, Thailand
TEL: +66-2-677-7400 FAX: +66-2-677-7413
Our office in this growing economic giant satisfies
the increasing demand for corporate investment
with various solutions, including finance leases,
installment sales, operating leases, leasebacks,
factoring and vendor finance.
Beijing
MALAYSIA
Unit 3001-3007, 30F, North Tower, Beijing Kerry
Centre, 1 Guanghua Road, Chaoyang District,
Beijing, China
TEL: +86-10-8529-7887 FAX: +86-10-8529-7687
SMFL Leasing (Malaysia) Sdn. Bhd.
Shanghai Sumitomo Mitsui General Finance and Leasing Co., Ltd.
Letter Box No. 58, 11th Floor, UBN Tower, 10,
Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia
TEL: +60-3-2026-2619 FAX: +60-3-2026-2627
Shanghai
18th Floor, Shanghai, Times Square 93 Middle
Huaihai Road, Huangpu District, Shanghai, China
TEL: +86-21-5396-5522 FAX: +86-21-5396-5552
The numerous solutions offered by this office —
such as finance leases, installment sales, operating
leases, leaseback/installment sales, factoring and
vendor finance — help ensure strong, stable growth
in this economic powerhouse.
INDONESIA
PT. SMFL Leasing Indonesia
Summitmas II 12th Floor Jl. Jend. Sudirman Kav.
61-62, Jakarta Selatan 12190, Indonesia
TEL: +62-21-520-2083 FAX: +62-21-520-2088
Chengdu
Room 1305, YanLord Landmark, No.1, Section 2,
Renmin South Road, Chengdu, China
TEL: +86-28-8691-7181 FAX: +86-28-8691-3181
Our diverse product range in this huge and
populous country includes finance leases, operating
leases, leasebacks, factoring and vendor finance to
support the medium- to long-term forecast for
strong growth.
Shanghai Sumitomo Mitsui Finance and Leasing Co., Ltd.
Room 723, 7/F, No. 6 Ji Long Rd,
China (Shanghai) Pilot Free Trade Zone,
Shanghai 200131, China
TEL: +86-21-5065-6052
Other offices outside Japan
NEW YORK, USA
277 Park Avenue, New York, NY 10172 U.S.A.
TEL: +1-212-224-4844
HONG KONG
Sumitomo Mitsui Finance and Leasing (Hong Kong) Ltd.
Units 4206-8, 42/F, Sunlight Tower, 248 Queen's
Road East, Wan Chai, Hong Kong
TEL: +852-2523-4155 FAX: +852-2845-9246
Located in the region’s main financial hub, this office
provides finance leases, installment sales,
leasebacks, cross-border transactions and other
solutions in HKD, USD, JPY, CNY, EUR and other
major currencies.
SINGAPORE
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CORPORATE PROFILE 2016
951 Mariners Island Boulevard, Suite 300, San
Mateo, CA 94404, U.S.A.
TEL: +1-650-378-1321
LONDON, UK
Sumitomo Mitsui Finance and Leasing (Singapore) Pte. Ltd.
152 Beach Road, 21-05 Gateway East,
Singapore 189721
TEL: +65-6224-2955 FAX: +65-6225-3570
SAN FRANCISCO, USA
Our New York branch office and San Francisco office
serve the largest lease market in the world. In
addition to providing solutions that meet the needs
of Japanese corporations operating overseas,
these offices are developing SMFL’s vendor
finance business in other areas, including
construction machinery, information equipment and
machine tools.
The wide-ranging services of this office include
finance leases, installment sales, leaseback/
installment sales, factoring, cross-border
transactions and vendor finance in USD, JPY and
SGD as well as multiple-currency deals.
99 Queen Victoria Street, London EC4V 4EH, U.K.
TEL: +44-20-7786-1000 FAX: +44-20-7786-1749
DUBLIN, IRELAND
IFSC House, IFSC, Dublin 1, Ireland
TEL: +353-1-859-9000 FAX: +353-1-859-9230
CORPORATE PROFILE 2016
20
SMFL Japanese Operations
Executive Team
From Japan to the world,
financial expertise that makes for better business
Head Office
Corporate Data
Tokyo Head Office
1-3-2, Marunouchi, Chiyoda-ku,
Tokyo 100-8287
Japan
TEL: +81-3-5219-6400
Paid-in Capital
¥15.0 billion
Tokyo Takebashi Office
2-1-1, Hitotsubashi,
Chiyoda-ku, Tokyo 101-0003
Japan
As of March 31, 2016
Net Assets
¥728.8 billion (consolidated)
¥437.7 billion (non-consolidated)
Number of Employees
2,481 (consolidated)
1,532 (non-consolidated)
As of March 31, 2016
Osaka Head Office
3-10-19, Minami-senba,
Chuo-ku, Osaka 542-0081
Japan
TEL: +81-6-6282-2828
Shareholders
(Shareholders’ ratio excluding treasury stock)
Sumitomo Mitsui Financial Group, Inc. 60％
Sumitomo Corporation 40％
Kazuhisa Togashi
Yoshinori Kawamura
Chairman of the Board
President
A veteran of Sumitomo Corporation since 1975
and with a wealth of experience in the
international business arena, Mr. Togashi
brings to the Board unique insights and
perspectives. His long career in the metals
industry, including top management positions
with Sumitomo Corporation and Sumisho
Steel Corporation, has instilled in him a firm
conviction that steel is the foundation of
manufacturing. Mr. Togashi has a flair for
languages, having studied both English and
Russian, and is an avid traveler and golfer.
From the day Yoshinori Kawamura joined the
former Sumitomo Bank in 1975, he has played
a key role in the success of our overseas
operations. His expertise in finance and
leasing — especially across the US and
Americas — has proven invaluable to SMFL in
the US, of which he assumed presidency in
2011. When not working, you can find him
jogging, playing tennis and visiting museums,
where he indulges his passion for drawings
and sketches.
Members of the Board of Directors
Sapporo
Senior Managing Directors
Yuichiro Ueda
Masanori Matsubayashi
Izuru Yoshimi
Minami Aida
Yoshihiro Fujiura
Takehisa Ikeda
Director
Outside Director
Koichi Miyata
Naoki Hidaka
Takayoshi Yamabe
Kazuo Matsumoto
Shimboku Hattori
Corporate Auditor
Outside Corporate
Auditor
Kotaro Hagiwara
Kenji Murakami
Directors (cont.)
Shigeru Nishikawa
Manabu Hosokawa
Seiichi Kometani
Yoshinori Ebihara
Osamu Oshida
Daisuke Ohashi
Toshifumi Aikawa
Hiromichi Kawagoe
Hiroki Hayakawa
Etsuji Honda
Corporate Auditors
Standing Corporate Auditors
Morioka
Outside Standing
Corporate Auditor
Naha
Niigata
Kanazawa
Fukuoka
Directors (excluding Members of the Board of Directors)
Toyama
Managing Directors
Matsumoto
Hiroshima
Kitakyusyu Okayama
Takamatsu
Sendai
Himeji
Kobe
Osaka
Oota
Kyoto
Nagoya
Kariya
Hamamatsu
Saitama
Shizuoka
Mito
Tokyo
Yokohama
Directors
Kagoshima
Offices in Japan
21
CORPORATE PROFILE 2016
Koji Isaka
Takayuki Nishimaki
Koichi Katoh
Yukio Hiratoko
Hisayoshi Masawaki
Tetsuya Nishikawa
Akira Kawamoto
Shunji Ootani
Tatsurou Terada
Tomomichi Kuraoka
Koichiro Yase
CORPORATE PROFILE 2016
22
Financial Highlights (consolidated)
WEB
Operating Results
Revenues
Gross profit
Ordinary profit
Profit attributable
to owners of parent
Financial Condition
Total assets
Operating assets
Interest-bearing debt
Net assets
Operating Indicators
Return on equity (ROE)
Return on assets (ROA)
Equity ratio
For more financial data, please visit our website.
www.smfl.co.jp/english/corporate/finance/
(in billions of yen)
(in millions of dollars)
3/2012
3/2013
3/2014
3/2015
3/2016
3/2016
951.9
992.2
1,037.2
1,152.0
1,147.8
10,192.6
98.0
115.0
130.0
136.3
141.7
1,258.7
62.8
59.0
77.2
86.9
81.0
719.9
29.7
30.8
41.2
45.8
45.5
404.8
2,907.2
3,776.3
4,176.3
4,601.0
4,736.8
42,060.6
2,531.0
3,226.7
3,612.3
3,983.7
4,192.6
37,228.6
2,064.2
2,754.7
3,067.4
3,390.3
3,472.2
30,831.1
535.6
602.1
651.9
714.6
728.8
6,471.5
5.8%
5.8%
7.3%
7.5%
7.2%
2.2%
1.8%
1.9%
2.0%
1.7%
18.0%
14.5%
14.0%
13.7%
13.5%
The U.S. dollar amounts represent conversions, for convenience only, of yen amounts at the rate of ¥112.62 = US$1.00.
Gross profit
Ordinary profit
ROA
¥5.4B
(in billions of yen)
(in billions of yen)
150
130.0
136.3
Profit attributable to owners of parent
ROE
86.9
77.2
80
98.0
90
60
60
40
62.8
(%)
¥5.9B
100
141.7
115.0
120
Profit attributable
to owners of parent/ROE
Ordinary profit/ROA
2.5
81.0
59.0
¥0.3B
(in billions of yen)
50
2.0
40
1.5
30
1.0
20
0.5
10
0
0
45.8
20
0
3/12
3/13
3/14
3/15
0
3/16
Operating assets/Overseas ratio
4,000
3,226.7
3,000
Net assets
Equity ratio
¥208.9B
5,000
3,612.3
3,983.7
4,192.6
3/15
3/16
6.0
0.3pt
50.0
¥14.2B
(in billions of yen)
800
40.0
602.1
651.9
714.6 728.8
535.6
2.0
3/13
3/14
3/15
CORPORATE PROFILE 2016
3/16
0
3/13
3/12
3/14
3/15
3/16
0
Contract execution volume
Overseas ratio
(%)
20.0
¥129.0B
(in billions of yen)
1,994.8
2,000
1,767.0
15.0
1,500
10.0
1,000
5.0
500
1,865.8
(%)
40.0
30.0
1,335.4
1,080.1
20.0
10.0
4.0
Contract execution volume/Overseas ratio
400
0.7pt
3/12
3/14
8.0
30.8
29.7
30.0
1,000
23
(%)
600
2,531.0
2,000
0
3/13
Net assets/Equity ratio
Operating assets
Overseas ratio
(in billions of yen)
3/12
45.5
41.2
0.3pt
30
(%)
10.0
0.2pt
200
0
20.0
10.0
5.9pt
3/12
3/13
3/14
3/15
3/16
0
0
3/12
3/13
3/14
3/15
3/16
0