News Release

[Sumitomo Mitsui Financial Group, Inc]Notice Concerning Change of Subsidiary's Trade Name(1/1)

Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Banking Corporation

Nikko Cordial Securities Inc.



Notice Concerning Change of Subsidiaryfs Trade Name



Tokyo, September 28, 2010 --- Sumitomo Mitsui Financial Group, Inc. (SMFG, President: Teisuke Kitayama; SMFG and its subsidiaries and affiliates collectively referred to as gSMFG Grouph) and Nikko Cordial Securities Inc., a consolidated subsidiary of Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) announced today that the Board of Directors of Nikko Cordial Securities, at the extraordinary meeting held today, approved the change of its trade name to as follows, on the premise of the passage of the resolution at its shareholdersf meeting.


P.Company Profile

Name:                              Nikko Cordial Securities Inc.

President & CEO:         Eiji Watanabe

Head office:                     3-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo

Business:                        Financial transactions and other services

Capital stock:                 JPY 10 Billion

Date of establishment: June 15, 2009


Q.New Trade Name

SMBC Nikko Securities Inc.


R.Reason for the Name Change

Nikko Cordial Securities Inc., which became a wholly owned subsidiary of SMBC on October 1, 2009, has been expanding its retail and wholesale securities businesses in collaboration with SMBC as the SMFG Groupfs core securities company.

Nikko Cordial Securities will change its trade name in order to clarify its position as a member of SMBC-centered SMFG group, and will offer high value-added financial services to clients through pursuing synergies with other SMFG Group companies both domestic and overseas.


S.Scheduled Date of Name Change

April 1, 2011



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