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    SEC Form 6-K filed by Sumitomo Mitsui Financial Group Inc Unsponsored

    5/14/25 6:39:44 AM ET
    $SMFG
    Commercial Banks
    Finance
    Get the next $SMFG alert in real time by email
    6-K 1 d29534d6k.htm FORM 6-K Form 6-K
     
     

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    FORM 6-K

    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

    THE SECURITIES EXCHANGE ACT OF 1934

    For the month of May 2025

    Commission File Number 001-34919

    SUMITOMO MITSUI FINANCIAL GROUP, INC.

    (Translation of registrant’s name into English)

    1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan

    (Address of principal executive offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

        Form 20-F ☒       Form 40-F ☐  


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

    Sumitomo Mitsui Financial Group, Inc.
    By:  

     /s/ Jun Okahashi

      Name:   Jun Okahashi
      Title:  

    Executive Officer & General Manager,

    Financial Accounting Dept.

    Date: May 14, 2025


    Sumitomo Mitsui Financial Group, Inc.

    Notice Regarding the Acquisition of SMFG Shares

    for the Share-Based Compensation Plan for Employees

    Sumitomo Mitsui Financial Group, Inc. (“SMFG”, President and Group CEO: Toru Nakashima) has added SMBC Nikko Securities Inc., Sumitomo Mitsui Card Co., Ltd., and the Japan Research Institute Ltd. as subsidiaries eligible for the share-based compensation plan for employees (the “Plan”) which SMFG introduced on May 23, 2024, for employees of Sumitomo Mitsui Banking Corporation. (The trust for the Plan will hereinafter be referred to as “the ESOP Trust”) According to the resolution of the SMFG Board of Directors passed on May 14, 2025, SMFG hereby announces the details of the acquisition of SMFG shares by the ESOP Trustee for the Plan.

     

    1.

    Overview of the ESOP Trust

     

    (1)

       Name    Stock grant trust for employees
         

    (2)

       Trustor    Sumitomo Mitsui Financial Group, Inc.
         

    (3)

       Trustee   

    Sumitomo Mitsui Trust Bank, Ltd

    (Co-Trustee: Custody Bank of Japan, Ltd)

         

    (4)

       Beneficiary    Employees who meet requirements as beneficiaries
         

    (5)

       Trust administrator    Third party that is independent of SMFG and its officers
         

    (6)

       Voting rights    The trustee shall excise the voting during the trust period based on the trust administrator’s instructions.
         

    (7)

       Trust type    Money trust other than a specified cash trust for separate investment
         

    (8)

       Date of Trust Contract    May 23, 2024
         

    (9)

       Date to Entrust Cash additionally    May 22, 2025
         

    (10)

       Date to End Trust    The end of May 2026 (planned)

     

    2.

    Acquisition of SMFG shares by the ESOP Trustee

     

    (1)

       Type of shares    Common shares
         

    (2)

       Total cost for the acquisition of the shares    JPY612,000,000 (Maximum)
         

    (3)

       Number of shares    153,000 (Maximum)
         
    (4)    Mean of the share acquisition    Acquisition from the stock market
         
    (5)    Timing of the share acquisition    May 22, 2025 ~ May 30, 2025

    End of Document

     

    1

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