By Anton Bridge TOKYO, Feb 6 (Reuters) - Japan's two largest banks say they are set to increase their holdings of Japanese government bonds as rising interest rates promise higher returns, even though unrealised losses on existing bond portfolios have grown. The banks - Mitsubishi UFJ Financial ​Group and Sumitomo Mitsui Financial Group - have steadily cut their holdings of JGBs over the past decade as the central bank's embrace of ‌ultra-low rates meant paltry returns on offer. That trend now seems l ...

Table of Contents 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 January 2026 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 ...

Overview of 3Q FY3/2026 January 30, 2026 Copyright © 2026 Sumitomo Mitsui Financial Group. All Rights Reserved. Definitions This document contains "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of Sumitomo Mitsui Financial Group, Inc. ("the Company") and its management with respect to the Company's future financial condition and results of operations. This document also contains "sustainability stat ...

Group 1 - The core viewpoint of the articles indicates that Japanese government bond yields have recently experienced fluctuations, with a notable decline from historical highs, as investors await the Bank of Japan's interest rate decision and potential hawkish statements from Governor Kazuo Ueda [1][2][3] - The 10-year Japanese government bond yield fell by 4 basis points to 2.24%, while the 30-year yield decreased by 10 basis points to 3.67%, reflecting a rebound after excessive selling earlier in the week [1] - UBS reports that the rise in Japanese bond yields is primarily driven by market expectations of future interest rate increases and an increase in term premiums, with the 30-year yield rising over 40 basis points since the beginning of the year [2] Group 2 - Foreign investors have significantly reduced their holdings in the Japanese bond market, nearly halving their investments as global yields rise, while the Bank of Japan's share of outstanding bonds has fallen below 50% for the first time in eight years [2] - UBS suggests that if the Bank of Japan responds hawkishly to fiscal expansion, the yield curve for 10 to 30-year bonds may flatten, potentially providing better entry points for investors after uncertainties surrounding elections and monetary policy are resolved [3] - Sumitomo Mitsui Trust Bank plans to double its domestic sovereign debt holdings once market yields stabilize, currently holding approximately 10.6 trillion yen (about 67 billion USD) [3]

Core Viewpoint - Sumitomo Mitsui Financial Group plans to significantly increase its domestic sovereign debt holdings after market yields stabilize, indicating a strategic shift back to Japanese government bonds from foreign bonds [1][4]. Group 1: Investment Strategy - The bank intends to double its current Japanese government bond portfolio from 10.6 trillion yen (approximately 67 billion USD) [1]. - The current focus is on Japanese government bonds (JGBs), moving away from foreign bond investments, which were previously prioritized [4]. - The bank has already begun purchasing some 30-year bonds, believing their prices are close to fair value, but remains cautious due to inflation risks and uncertainties ahead of elections [3][4]. Group 2: Market Conditions - The Japanese bond market recently experienced a sharp sell-off, with long-term yields reaching record highs due to concerns over fiscal policies ahead of the February elections and the Bank of Japan's reduction in large-scale bond purchases [1][5]. - The 20-year government bond yield fell by 10 basis points to 3.245%, while the benchmark 10-year bond yield decreased by 5 basis points to 2.290% [1]. Group 3: Future Predictions - Nagata predicts that the Nikkei 225 index will surpass 60,000 points by the end of the year, and the yen may weaken to 180 yen per dollar in the coming years [3][8]. - The bank expects the 10-year Japanese government bond yield to exceed 2.5% by year-end, with a fair value range between 2.5% and 3% [4]. Group 4: Broader Economic Context - The recent sell-off in the bond market complicates the Bank of Japan's policy path, with expectations of potential interest rate hikes to address yen weakness [7]. - Nagata anticipates that the Bank of Japan may raise rates three times this year, exceeding general market expectations [7].

来源：金融界AI电报 三井住友金融集团全球市场主管Arihiro Nagata表示，在全面重返日本国债市场后，该集团准备将其日 本国债投资组合增加到目前10.6万亿日元(670亿美元)的两倍。"我以前一直很喜欢投资外国债券，但现 在不了。现在我投资的是日本国债，"Nagata说道。他还对日本市场做出了一些引人注目的预测，包括 未来几年日元兑美元汇率可能达到180，以及日经225指数到今年年底可能从目前的53000点以下攀升至 60000点以上。他预计日本10年期国债收益率将在今年年底前超过2.5%，并认为其合理区间在2.5%至3% 之间。 ...

日本第二大银行三井住友金融集团计划在这轮日债收益率剧烈飙升告一段落后，大举买入日本国债。 三井住友金融集团全球市场主管永田有広在接受采访时表示，一旦完成全面建仓，该集团的日本国债投 资组合规模有望达到目前10.6万亿日元（约670亿美元）的两倍。 日本国债价格周二暴跌，长债收益率升至历史新高，投资者在选举临近之际日益担忧首相高市早苗的财 政政策。过去几年，随着日本央行逐步退出大规模购债计划，收益率一路走高，这引发市场猜测银行等 大型机构何时会重返日本国债市场。 "我以前一直青睐海外债券，但今非昔比，现在关注日本国债，"永田有広说。 "我以前一直青睐海外债券，但今非昔比，现在关注日本国债，"永田有広说。 永田有広在一场内容广泛的采访中还对日本市场作出了一些颇为引人注目的预测，包括未来几年美元/ 日元可能触及180，以及今年底日经225指数有望从目前不到53，000点升破60，000点。 他预计日本10年期国债收益率将在今年底升破2.5%，并认为其合理区间在2.5%至3%。东京时间周三中 午时分，日本10年期国债收益率约为2.3%。 他预计日本10年期国债收益率将在今年底升破2.5%，并认为其合理区间在2.5%至 ...

Group 1 - SMBC Americas has launched an onboarding and lifecycle management solution from Fenergo to enhance client and investor experiences in North America [2][4] - The new solution aims to provide global connectivity and benefits such as faster, more transparent, and streamlined execution of client lifecycle events [3] - By standardizing and automating workflows, the solution is expected to improve operational efficiency and allow the reuse of verified KYC data, enhancing AML experiences [3] Group 2 - The COO of SMBC Americas, Greg Keeley, stated that these upgrades will significantly reduce friction and accelerate the onboarding process, leading to a more efficient experience for clients and investors [4] - SMBC Group is one of the three largest banking groups in Japan, with a presence in multiple countries across the Americas, including the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru [5]

Core Viewpoint - The global dollar bond issuance is expected to accelerate following a significant surge to $61 billion on a single day, marking the highest level in nearly a year [1] Group 1: Market Activity - Asian borrowers are actively entering the market, with Japan's two major banks, Sumitomo Mitsui Trust and MUFG, collectively issuing $8 billion in bonds at the beginning of the week [1] - Saudi Arabia completed a $11.5 billion transaction on the same day, contributing to the highest daily issuance of dollar-denominated debt since January 2025 [1] Group 2: Demand and Economic Environment - Demand for dollar bonds remains strong, supported by a relatively stable economic environment in Asia [1] - Omar Slim, Co-Head of Asian Fixed Income at PineBridge Investments, noted that while there may be some widening of spreads due to the current levels and increased issuance, a significant expansion of spreads is not anticipated [1]

Core Insights - The article emphasizes the focus on value investing in Asia, particularly in Hong Kong, targeting stocks with significant discrepancies between market price and intrinsic value [1] - It highlights two main categories of investment opportunities: deep value balance sheet bargains and wide moat stocks, which are characterized by their strong competitive advantages [1] Group 1: Investment Strategy - The service aims to identify deep value balance sheet bargains, such as net cash stocks and low price-to-book (P/B) ratio stocks, which are available at a discount [1] - It also seeks wide moat stocks, which are high-quality businesses with sustainable competitive advantages, often referred to as "Magic Formula" stocks [1] - Monthly updates and watch lists are provided to keep investors informed about potential investment opportunities [1]