Sumitomo Mitsui Financial Group, Inc.
Notice Regarding Difference between Earnings Forecast and Actual Results
for the six months ended September 30, 2009
1. Difference between the earnings
forecast and the actual results for the six months ended September 30, 2009
(Billions of yen, except percentages)
|
Ordinary income |
Ordinary profit |
Net income |
|
Previous forecast (*) |
(A) |
¥1,650.0 |
¥ 200.0 |
¥ 90.0 |
Results |
(B) |
1,566.9 |
222.2 |
123.5 |
Change |
(B – A) |
(83.1) |
+ 22.2 |
+ 33.5 |
Percentage change |
(%) |
(5.0) |
+ 11.1 |
+ 37.2 |
|
|
|
|
|
Results for the six months ended September 30, 2008 |
1,817.1 |
191.0 |
83.3 |
(*) Announced in May 2009
2. The reason for the difference
The difference is mainly attributable to an increase in banking profit and a decrease in total credit cost of Sumitomo Mitsui Banking Corporation, a consolidated subsidiary of SMFG, compared to the forecast announced in May 2009.