Deeper understanding leads to better outcomes
From our roots as Japanese merchants to our present as an international financial firm, SMBC boasts more than four centuries of integrity and innovation. More than a hundred years ago, we bravely ventured to the Americas, bringing along our focus on long-lasting relationships and tradition of honorable service. Our people have continued to earn trust, while forging a path of innovation for the stakeholders we serve.
1590
Masatomo Sumitomo, a native of Kyoto, started a copper-refining business and established industrial capital integrating copper-mine development, refining and export.
1673
Takatoshi Mitsui opened Echigoya, a high-volume kimono retail store—perhaps the world’s first and largest in terms of space and employees—in Edo, present-day Tokyo.
1674-1875
Mitsui and Sumitomo strengthened their capabilities in imports and exports, finance, transportation, and manufacturing to become two of the top business names in Japan.
1876
The Mitsui family established Mitsui Bank, the first private sector bank in Japan.
1895
The Sumitomo family established Sumitomo Bank in Osaka with the capitalization of one million yen.
1916
The first commercial bank from Japan to open a branch overseas.
1918
Expanding its footprint in the Americas.
1922
Expanding its footprint in the Americas.
1957
Entering one of the most dynamic emerging markets in the world.
1981
To serve middle market and small business clients.
1988
Expanding its footprint in the Americas.
1990
To form Mitsui Taiyo Kobe Bank.
1992
The Sakura brand is highly complementary with strength in Eastern Japan.
2001
To form Sumitomo Mitsui Banking Corporation.
2002
To enhance governance and strengthen strategic businesses of the group.
2007
To expand business into finance and leasing space.
2009
Well respected broker-dealer added to world-wide capability.
2010
In a pivotal move, SMFG’s shares start trading on Wall Street.
2013
Expanding the leasing and equipment space to SMBC.
2017
SMFG completes American Railcar Leasing acquisition.