Notice regarding Relocation of Headquarters Operations and Acquisition of Otemachi Headquarters Building(1/1)
Sumitomo Mitsui Financial Group, Inc.
Sumitomo Mitsui Banking Corporation
Notice regarding Relocation
of Headquarters Operations and
1. Relocation of Headquarters Operations
SMFG and SMBC will relocate their headquarters operations to Otemachi area as described below.
Since the merger of Sakura Bank and Sumitomo Bank in April 2001, headquarters
operations have been divided into two locations, at Hibiya and Otemachi in
Further information including the details of the relocation will be announced separately upon the determination of specific matters.
(1) New address*
(2) Relocation scheduled in:
First Half of FY2010
*Note: We will move our headquarters operations to a new building which Mitsui Fudosan Co., Ltd. plans to construct on the current JFE building site in the spring of 2010.
At the same time, we have been asked by Mitsui Fudosan Co., Ltd. to
iHibiya Areaj (Otemachi Area)
2. Acquisition of
In light of the relocation of its headquarters operations, SMBC
decided to acquire ownership of
(1) Asset to be purchased
Location : 3-2, Marunouchi 1-chome, Chiyoda-ku,
Site area : 5,956.23 m2
Total floor area : 61,712.25 m2
Acquisition price : 125.1 billion yen
Trade name : Otemachi Capital Y.K.
Representative : Ryo Yano, Director
Address : 6-1, Roppongi 1-chome, Minato-ku,
(3) Scheduled date of acquisition*
March 23, 2007
*Note: SMBC will acquire ownership of the real estate by acquiring the property trust beneficiary interest of the building from Otemachi Capital Y.K. and by terminating the related trust contract accordingly.
3. SMFGfs Earnings Forecasts
There is no revision to SMFGfs earnings forecasts for the year ending March 31, 2007.