After retirement, Matsumoto became a manager for Toyo Industries as Kenzo Ohashi successor in 1976. He also named a manager for Japan U-20 national team. He managed at 1979 World Youth Championship in Japan. In April 1999, he signed with J2 League club Kawasaki Frontale. He led the club to won the champions and promoted to J1 League. In 2004, he signed with Sagan Tosu and managed in 3 seasons. In 2009, he was selected Japan Football Hall of Fame. In 2010, he became a manager for Sagan Tosu again. In September 2013, when he was 71 years old, he signed with his local club, Tochigi SC. He became the first manager for the 70s in J.League.