SMBC Group's Financial and Credit Portfolio
CRE Exposure (Sep. 23)
SMBC Group's Exposure*1
CRE Exposure
JPY 19 tn
• 13% of total exposure
• NPL ratio: 0.5%
JPY 155 tn
Japan
U.S.
CRE
JPY 12 tn
JPY 82 tn
Corporate: 50%, NRL: 30%,
REITs: 20%
Investment grade: 70%
NPL ratio: 0.3%
CRE
JPY 2 tn
NRL: 50%, REITs: 50%
Investment grade: 70%
JPY 26 tn
● NPL ratio: 0.3%
Office: JPY 0.3 tn, NPL ratio of 2%
China
Hong
Kong
CRE
JPY 1.4 tn JPY 4 tn
Corporate: 70%,
NRLS and REITs: over 10% each
Investment grade: 80%
Main corporate clients are high-rated
conglomerates
◆ NPL ratio: 5% due to large borrowers,
but the rest are of good asset quality
*1 SMBC consolidated, calculated based on location of headquarters, managerial accounting basis
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