Shareholder Return Information

Shareholder Return Policy

Sumitomo Corporation aims to increase dividends by achieving medium and long-term earnings growth while adhering to its fundamental policy of paying shareholders a stable dividend over the long term.

Company’s policy on shareholder returns for FY 2022 and beyond is as follows: we will decide the amount of annual dividends within a DOE(dividend on equity ratio) range of 3.5% to 4.5% by taking into consideration the fundamental earnings capacity, cash flows, and other factors with a consolidated payout ratio of 30% as a guideline. If 30% of the profit for the year exceeds the above range, we will pay dividends or repurchase our shares for the excess portion in a flexible and agile manner.

Due to the fact that our annual forecast of profit for the year attributable to owners of the parent is revised to 550.0 billion yen, the annual dividend for the fiscal year is revised to 115 yen per share (latest plan was 90 yen per share), which is the upper threshold of the DOE range. The interim dividend is 57.5 yen per share, half the amount of planned annual dividend, (the interim dividend in the previous fiscal year was 45 yen per share).

Further, we will pay dividends and/or repurchase our shares for the excess portion in a flexible and agile manner.