Overview

• Mitsui Sumitomo Financial Group posted net profit of ¥376.9 billion in April–June, up 1.5 percent from a year earlier.
• Mizuho Financial Group achieved ¥290.5 billion in first-quarter net profit, marking a 0.4 percent increase year-on-year.
• Mizuho lifted its full-year profit forecast by 15 percent to a record ¥1.02 trillion while SMFG maintained its ¥1.3 trillion target.
• Both banks set aside roughly ¥100 billion to ¥110 billion to cover potential losses from U.S. tariffs.
• Loan demand driven by renewed inflation and wider lending margins under a more hawkish Bank of Japan outlook underpins growth.