<div>UPDATE 1-Japan's SMFG says first-quarter net profit fell 5% as retail business struggles</div> <!-- no image --> <div>* First-quarter net profit Y216 bln vs Y227 bln a year earlier<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=-tZT-wGoiQ8:aXxJaOdSfIA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=-tZT-wGoiQ8:aXxJaOdSfIA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=-tZT-wGoiQ8:aXxJaOdSfIA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=-tZT-wGoiQ8:aXxJaOdSfIA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=-tZT-wGoiQ8:aXxJaOdSfIA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/-tZT-wGoiQ8" height="1" width="1" alt=""></div> Posted by Reuters