IR Information
Strengths and Challenges
Challenges (3) - Initiative to “realize solid financial base as a global player”
SMFG considers it necessary to enhance its capital base both in terms of quantity and quality in order to maintain its competitiveness notwithstanding any future changes that might occur in the global financial sector and to realize sustainable growth. SMFG, therefore, resolved the issuance of common stock in May 2009 and completed equity capital raising in July 2009 with the total amount of JPY 861.0 billion to be paid.
Although the capital raising might cause dilution initially, SMFG aims to increase shareholders value in the medium- and long-term with the more solid capital base through:
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- more sufficiently supplying funds to clients, which is one of SMFG’s core missions as a financial institution, and
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- maintaining its competitiveness and realizing sustainable growth.
<Reference> Management approach for sustainable growth
