Sumitomo Mitsui Financial Group, Inc. · TSE:8316
Sumitomo Mitsui Financial — The Sakura Bank — FY1999 Earnings Presentation
17 slides from Sumitomo Mitsui Financial's earnings presentation, June 2000
Slide 1: Financial Results Annual Data for FY99
Financial Results Annual Data for FY 99 June 2000 The Sakura Bank, Limited
Slide 2: Summary of Financial Results for FY99
Summary of Financial Results for FY99 Billions of Yen,%) FY 98 FY 99 FY99 (b) (a) Change (a)-(b) The Plan(*2) Gross Operating Profit 1 699.1 711.9 12.8 (8.7) 720.6 General and Administrative Expenses 2 425.0 397.7 (27.3) (18.4) 416.1 Bond Issue Costs 3 - 0.6 - - - Transfer to Reserve for Possible Lo
Slide 3: Summary of Net Operating Profit
Summary of Net Operating Profit Billions of Yen FY98 FY99 FY99(b) (a) Change (a)-(b) The Plan Gross Operating Profit 1 699.1 711.9 12.8 (8.7) 720.6 ( Excluding Gains/(Losses) on Bonds ) 2 648.0 709.4 61.4 (9.5) 718.9 Domestic Operations 3 627.2 665.5 38.3 ( Excluding Gains/(Losses) on Bonds ) 4 575.
Slide 4: Breakdown of Net Operating Profit - 1) Gross Operating Profit
Breakdown of Net Operating Profit - 1) Gross Operating Profit Billions of Yen % FY98 FY99 FY99(b) (a) Change (a)-(b) The Plan Gross Operating Profit 1 699.1 711.9 12.8 (8.7) 720.6 ( Excluding Gains/(Losses) on Bonds ) 2 647.9 709.4 61.5 (9.5) 718.9 Domestic Operations 3 627.2 665.5 38.3 ( Excluding
Slide 5: Breakdown of Net Operating Profit - 2) Improvement of Yield
Breakdown of Net Operating Profit - 2) Improvement of Yield % Yield in Domestic Operations FY98 FY99 Non-Consolidated Change Yield on Total Funds ( a ) 1 2.33 2.38 0.05 Interest Earned on Loans ( b ) 2 2.09 2.05 (0.04) Interest Earned on Securities 3 1.52 1.21 (0.31) Cost of Funds ( c ) 4 1.99 1.67
Slide 6: Breakdown of Net Operating Profit - 3) Gross Operating Profit Growth
Breakdown of Net Operating Profit - 3) Gross Operating Profit Growth Performance for FY1999 in Accordance with “The Plan toward Soundness of Management” P rog ress on M a in O b jectiv es (Billions of Yen) C o n tri b u ti o n to F Y98 F Y99 G ross O p erati n g Change Pro fi t G ro w th 1 . S p rea
Slide 7: (Ref.) Comparison of Housing Loan
( Ref. ) Comparison of Housing Loan 7,000 Balance of Housing Loan, as of Mar 31, 2000 Increase of Housing Loan Balance 6,612.7 6,173.1 6,000 ( Billions of Yen ) 5,676.9 5,304.8 7000 6 ,6 1 2 .7 5,000 5,020.6 4,376.4 6000 4,000 95/3 96/3 97/3 98/3 99/3 00/3 5000 5 ,8 9 4 .6 5 ,8 3 2 .0 4000 5 ,5 8 7
Slide 8: (Ref.) Comparison of Investment Trust
( Ref. ) Comparison of Investment Trust Sales Amount of Investment Trust, as of Mar 31, 2000 ( Billions of Yen ) 700 620 600 500 450 370 400 340 333 300 190 200 155 130 95 100 39 0 SAKURA SUMITOMO SANWA FUJI DKB IBJ ASAHI BTM DAIWA TOKAI ( Source: The Nihon Keizai Shinbun, May 7, 2000 ) 7
Slide 9: Breakdown of Net Operating Profit - 4) Progress in Restructuring Plan
Breakdown of Net Operating Profit - 4) Progress in Restructuring Plan ( Billions of Yen %) FY98 FY99 FY99(b) (a) Change (a)-(b) The Plan General and Administrative Expenses 1 425.0 397.7 (27.3) (18.4) 416.1 Personnel 2 178.1 161.7 (16.4) (3.2) 164.9 Non - Personnel 3 223.0 216.1 (6.9) (11.3) 227.4 D
Slide 10: Disposition of Problem Loans
Disposition of Problem Loans ( Billions of Yen) FY98 FY99 Change Net Operating Profit before Transfer to General Reseeve 1 274.1 313.4 39.3 Transfet to Reserve for Possible Loan Losses 2 101.1 (14.6) (115.7) Net Operating Profit 3 172.9 328.0 155.1 Gains / (Losses) on Bonds 4 51.1 2.4 (48.7) Core Ne
Slide 11: Status of Coverage According to Financial Revitalization Law
Status of Coverage According to Financial Revitalization Law ( Billions of Yen, ) A m ou n t ( A ) S e c u r e d A m ou n t ( B ) 3 1 -M a r-9 9 3 1 -M a r-0 0 3 1 -M a r-9 9 3 1 -M a r-0 0 C ha ng e C ha ng e B a nk ru p tc y E tc . 3 9 0 .2 3 9 4 .7 4 .5 3 9 0 .2 3 9 4 .7 4 .5 In D a n g e r o f B
Slide 12: Other Profit / (Loss), Net Income (Loss)
Other Profit / (Loss), Net Income (Loss) ( Billions of Yen) FY98 FY99 Change Others 1 (927.1) (168.1) 759.0 Gains/(Losses) on Stock and Other Securities 2 12.5 341.7 329.2 Gains on Sales 3 150.9 406.3 255.4 Losses on Sales 4 40.9 29.9 (11.0) Losses on Dim inution in Value 5 97.4 34.6 (62.8) Loan Los
Slide 13: Unrealized Gains/(Losses) on Securities
Unrealized Gains/(Losses) on Securities N o n - C o n so lid a te d ( B illio n s o f Y en ) 3 1 -M a r-9 9 3 1 -M a r-0 0 Change U n rea lized U n rea lized U n rea lized U n rea lized G a in /(L o ss) G a in /(L o ss) G a in L o ss Bonds (2 7 .4 ) (2 7 .8 ) 7 .2 3 5 .1 (0 .4 ) L isted (4 1 .8 ) (2
Slide 14: (Ref.) Composite Weight of Each Industry, as of Mar 31, 2000
(Ref.) Composite Weight of Each Industry, as of Mar 31, 2000 1 Agriculture, Forestry and Fisheries 2 Mining 3 Construction 4 Food 5 Textile 6 Paper Manufacturing 7 Chemical 8 Medical Products 9 Coal and Oil Refined Products 10 Rubber Products 11 Glass and Pottery 12 Steel 13 Nonferrous Metals 14 Met
Slide 15: Capital Ratio (BIS Guidelines)
Capital Ratio (BIS Guidelines) (Billions of Yen, %) Consolidated Mar 31, 99 Mar 31, 00 Change Capital Ratio 1 12.33 12.53 0.20 Tier Ratio 2 7.17 7.45 0.28 Total Capital 3 4,120.6 4,100.8 (19.8) Tier 4 2,396.8 2,440.6 43.8 Tier 5 1,724.7 1,661.2 (63.5) Unrealized Appreciation of Land 6 53.2 51.6 (1.6
Slide 16: Performance Projection for FY2000
Performance Projection for FY2000 Non-Consolidated (Billions of Yen) FY99 FY00 Projection Change Net Operating Profit 328.0 360.0 32.0 Increase of Gross Operating Profit 7.0 Net Operating Profit before General Reserve 313.4 330.0 16.6 Reduction of Expenses 11.0 Operating Profit 159.9 250.0 90.1 Net
Slide 17: Forward-looking statements notice
This material contains certain forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may materially differ from those contained in the forward-looking statements as a result of various factors. The