Financial Results for the Three Months Ended June 30, 2017 [Japanese GAAP] (Consolidated)
Stock exchange listings: Tokyo and Nagoya (Code: 8309)
URL: http://www.smth.jp/en/index.html
Representative: Tetsuo Ohkubo, President
July 27, 2017
Contact: Shinichi Nonomura, General Manager of Financial Planning Department TEL +81-3-3286-8354
Filing date of quarterly securities report (Shihanki Hokokusyo) (Scheduled): August 9, 2017 Specific trading accounts: Established
Dividend payment date: ―
Explanatory material: Prepared
Briefing on financial results: Not scheduled
(Amounts less than one million yen are rounded down.)
- Consolidated Financial Results (for the Three Months Ended June 30, 2017)
Operating Results (%: Changes from the same period in the previous fiscal year)
Ordinary Income
Ordinary Profit
Net Income Attributable to Owners of the Parent
Three Months Ended
Millions of Yen %
Millions of Yen %
Millions of Yen %
June 30, 2017
315,035 9.1
61,418 25.8
40,123 24.4
June 30, 2016
288,650 6.2
48,825 (27.0)
32,259 (23.6)
(Note) Comprehensive Income:
Three months ended June 30, 2017 ¥46,998 million, (-)%
Three months ended June 30, 2016
¥(3,625) million, (-)%
Net Income
per Share of Common Stock
Net Income
per Share of Common Stock (Fully Diluted)
Three Months Ended
Yen
Yen
June 30, 2017
104.89
104.85
June 30, 2016
84.09
84.07
(Note) SuMi TRUST Holdings consolidated its shares with a ratio of ten shares of common stock into one share effected on October 1, 2016. Net income per share of common stock and net income per share of common stock (fully diluted) are calculated as if the consolidation of shares had occurred at the beginning of the fiscal year ended March 31, 2017.
Financial Position
Total Assets
Net Assets
Net Assets to Total Assets Ratio
As of
Millions of Yen
Millions of Yen
%
June 30, 2017
63,379,539
2,813,456
3.9
March 31, 2017
65,453,725
2,791,682
3.8
(Reference) Shareholders' Equity:
As of June 30, 2017
¥2,481,124 million
As of March 31, 2017 ¥2,462,616 million
(Note 1) Net Assets to Total Assets Ratio = (Net Assets - Subscription Rights to Shares - Non-Controlling Interests) / Total Assets
(Note 2) The above Net Assets to Total Assets Ratio is different from the capital adequacy ratio prescribed in the notification of the Financial Services Agency with respect to the capital adequacy ratio.
-
Cash Dividends per Share of Common Stock
Annual Cash Dividends per Share of Common Stock
1st Quarter- End
2nd Quarter- End
3rd Quarter- End
Fiscal Year- End
Total
Fiscal Year
Ended March 31, 2017
Ending March 31, 2018
―
―
Yen
Yen
6.50
―
Yen
Yen
65.00
Yen
―
Ending March 31, 2018 (Forecast)
65.00
―
65.00
130.00
(Note 1) Revision of latest announced estimates for cash dividends per share of common stock: None
(Note 2) SuMi TRUST Holdings consolidated its shares with a ratio of ten shares of common stock into one share effected on October 1, 2016. Annual cash dividends per share of common stock for the fiscal year ended March 31, 2017, reflect the effect of the share consolidation, and total annual cash dividends per share of common stock are presented as "-."
-
Consolidated Earnings Forecast (for the Fiscal Year Ending March 31, 2018)
(%: Changes from the same period in the previous fiscal year)
Ordinary Profit
Net Income Attributable to Owners of the Parent
Net Income per Share of Common Stock
Six Months Ending
September 30, 2017
Fiscal Year Ending
March 31, 2018
Millions of Yen %
Millions of Yen %
Yen
110,000 (20.0)
70,000 (20.4)
182.99
235,000 19.7
150,000 23.5
392.12
(Note) Revision of latest announced forecast of consolidated earnings: None
* Notes
Changes in Significant Subsidiaries during the Three Months Ended June 30, 2017: None
(Changes in "specified subsidiaries" resulted in changes in the scope of consolidation)
Specific Accounting Treatments for the Preparation of the Quarterly Consolidated Financial Statements: Yes
(For further details, please refer to "1. (3) Notes to the Consolidated Financial Statements" on page 6 of Accompanying Materials.)
Changes in Accounting Policies, Changes in Accounting Estimates, and Restatements
Changes in accounting policies due to the revision of accounting standards: None
Changes in accounting policies other than 1) above: None
Changes in accounting estimates: None
Restatements: None
As of June 30, 2017
390,348,640 shares
As of March 31, 2017
390,348,640 shares
As of June 30, 2017
7,809,754 shares
As of March 31, 2017
7,810,724 shares
For the three months ended
June 30, 2017
382,539,134 shares
For the three months ended
June 30, 2016
383,647,168 shares
Number of Shares Issued (Common Stock)
Number of shares issued (including treasury stock):
Number of treasury stock:
Average number of outstanding issued shares:
Consolidated Balance Sheets 2
Consolidated Statements of Income and Consolidated Statements of Comprehensive Income 4
Consolidated Statements of Income 4
Consolidated Statements of Comprehensive Income 5
Notes to the Consolidated Financial Statements 6
(Note) SuMi TRUST Holdings consolidated its shares with a ratio of ten shares of common stock into one share effected on October 1, 2016. The average number of outstanding issued shares is calculated as if the consolidation of shares had occurred at the beginning of the fiscal year ended March 31, 2017.
These consolidated financial results for the three months ended June 30, 2017 (the quarterly consolidated financial results), are out of the scope of the quarterly review procedures required by the Financial Instruments and Exchange Act.
Explanation Concerning the Appropriate Use of the Forecasts for Results of Operations and Other Special Matters
The forecasts for results of operations presented in the quarterly consolidated financial results for the three-month period ended June 30, 2017, are based on information currently available to, and certain reasonable assumptions made by SuMi TRUST Holdings. Moreover, SuMi TRUST Holdings does not guarantee the achievement of these forecasts, and actual results may differ significantly from the forecasts due to various factors. Please refer to the most recent relevant materials including securities report, annual report and other presentations disclosed by SuMi TRUST Holdings and its group companies, for further information that could significantly influence SuMi TRUST Holdings' financial position and operating results as well as investment decisions by investors.
[Accompanying Materials]
Table of Contents
1. Consolidated Financial Statements and Notes to the Consolidated Financial Statements 2(Notes on Going Concern Assumptions) 6
(Notes on Significant Changes in Total Shareholders' Equity) 6
(Specific Accounting Treatments for the Preparation of the Quarterly Consolidated Financial Statements) 6
1. Consolidated Financial Statements and Notes to the Consolidated Financial Statements(1) Consolidated Balance Sheets
Assets:
(Millions of Yen)
As of As of
March 31, 2017 June 30, 2017
Cash and Due from Banks 26,944,478 24,367,085
Call Loans and Bills Bought 124,706 162,189
Receivables under Resale Agreements 83,888 83,746
Receivables under Securities Borrowing Transactions 480,453 617,629
Monetary Claims Bought 906,572 750,739
Trading Assets 496,563 523,527
Money Held in Trust 1,650 1,646
Securities 5,127,717 5,082,979
Loans and Bills Discounted 28,040,446 28,393,641
Foreign Exchanges 16,189 31,730
Lease Receivables and Investment Assets 667,808 672,710
Other Assets 1,638,186 1,742,297
Tangible Fixed Assets 225,814 224,990
Intangible Fixed Assets 214,790 217,027
Assets for Retirement Benefits 119,018 121,875
Deferred Tax Assets 23,243 22,910
Customers' Liabilities for Acceptances and Guarantees 458,010 470,960
Allowance for Loan Losses (115,814) (108,148)
Total Assets 65,453,725 63,379,539
Liabilities:
Deposits 36,000,814 33,843,178
Negotiable Certificates of Deposit 7,326,617 7,075,701 Call Money and Bills Sold 54,089 1,472,630
Payables under Repurchase Agreements 1,063,737 1,070,346 Payables under Securities Lending Transactions 13,699 18,647
Trading Liabilities 366,879 378,098
Borrowed Money 3,463,105 4,285,499
Foreign Exchanges 236 1,227
Short-Term Bonds Payable 904,248 804,123
Bonds Payable 1,385,098 1,374,549
Borrowed Money from Trust Account 10,274,143 8,351,265
Other Liabilities 1,151,325 1,225,813
Provision for Bonuses 16,331 4,711
Provision for Directors' Bonuses 259 30
Liabilities for Retirement Benefits 14,048 14,476
Provision for Reward Points Program 17,519 17,407
Provision for Reimbursement of Deposits 3,583 3,583
Provision for Contingent Losses 7,774 8,466
Deferred Tax Liabilities 137,501 142,348
Deferred Tax Liabilities for Land Revaluation 3,016 3,016
Acceptances and Guarantees 458,010 470,960
Total Liabilities 62,662,042 60,566,083
Sumitomo Mitsui Trust Holdings Inc. published this content on 27 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2017 07:34:05 UTC.
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