SMBC Group's Financial and Credit Portfolio
Improve capital efficiency / reallocate business portfolio
ROCET1 has improved by focusing on capital efficiency and strategically reallocating our business portfolio.
Continue to allocate capital selectively to strategic areas by reducing unprofitable assets and equity holdings.
(JPY tn)
RWA
99.2
ROCET1
9.4%
Mar. 23
Change of RWA
106.9
Market Impact
+5.4
RWA Controls
Reduction
Reduce unprofitable assets
Project Finance
• Regions of low growth and excessive competition
1H FY3/24
JPY (1.7) tn
JPY (1.5) tn
Review significance of holding
JPY (0.2) tn
Equity holdings
9.8%
U.S. freight car leasing
2H: USD (2.9) bn
Investment
1H FY3/24
+JPY 4.0 tn
Credit card and
RT
+JPY 0.4 tn
consumer finance business
WS
PE funds, real estate, etc.
+JPY 0.8 tn
Americas and target countries
GB
+JPY 1.3 tn
of Multi-Franchise Strategy
Sep. 23
GM
Portfolio management
capturing market trends
+JPY 1.4 tn
*1 Numerator is the full-year forecast of bottom-line profit (JPY 920 bn)
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