Sumitomo Mitsui Financial (SMFG) Asset Writedowns and Impairment (2009 - 2026)
Sumitomo Mitsui Financial's Asset Writedowns and Impairment came in at -$4.41 million for the quarter ended Jun 30, 2026, compared with -$3.51 million a year earlier.
Sumitomo Mitsui Financial (SMFG) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Sumitomo Mitsui Financial reported Asset Writedowns and Impairment of $2.96 billion, down 11.1% year-over-year; for the year ended Mar 31, 2026, it was $28 million, down 40.4% from the prior year.
- Asset Writedowns and Impairment has declined in each of the last four years, with a five-year compound annual growth rate of -40.8% (years ended Mar 2021 to Mar 2026).
- Going back by year, Asset Writedowns and Impairment was $47 million in the year ended Mar 31, 2025 (-48.4%), $91 million in the year ended Mar 31, 2024 (-79.4%), $442 million in the year ended Mar 31, 2023 (-50.3%) and $890 million in the year ended Mar 31, 2022 (+131.8%).
- The five-year range for quarterly Asset Writedowns and Impairment is -$770.97 million (the quarter ended Dec 31, 2022) to $2.71 billion (the quarter ended Mar 31, 2025).
- Year-over-year, Asset Writedowns and Impairment increased in 1 of the last four quarters, with growth averaging 8.7%.
- The fastest year-over-year change in Asset Writedowns and Impairment over five years came in the quarter ended Sep 30, 2022 (growth of 243.7%), and the weakest in the quarter ended Sep 30, 2021 (a decline of 91.9%).
- Business Quant data shows SMFG's Asset Writedowns and Impairment at $2.52 billion (quarter ended Mar 31, 2026), -$45.82 million (quarter ended Dec 31, 2025) and $490.84 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | Sumitomo Mitsui Financial | 97.26 Bn | 98.14 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.41 Mn |
| Mar 31, 2026 | 2.52 Bn |
| Dec 31, 2025 | -45.82 Mn |
| Sep 30, 2025 | 490.84 Mn |
| Jun 30, 2025 | -3.51 Mn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | -90.09 Mn |
| Sep 30, 2024 | 704.90 Mn |
| Jun 30, 2024 | -526,759.76 |
| Mar 31, 2024 | 1.39 Bn |
| Dec 31, 2023 | -399.45 Mn |
| Sep 30, 2023 | 906.30 Mn |
| Jun 30, 2023 | -4.60 Mn |
| Mar 31, 2023 | 1.14 Bn |
| Dec 31, 2022 | -770.97 Mn |
| Sep 30, 2022 | 641.90 Mn |
| Jun 30, 2022 | -4.86 Mn |
| Mar 31, 2022 | 2.45 Bn |
| Dec 31, 2021 | -374.10 Mn |
| Sep 30, 2021 | 186.77 Mn |
Sumitomo Mitsui Financial Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=SMFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "SMFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=SMFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();