Dividend Information

Dividend 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.

During “Medium-Term Management Plan 2020” with its term from FY2018 to FY2020, we decide the dividend amount in view of the situations regarding basic profit and cash flow, with a consolidated payout ratio of 30% as our guideline.

Due to the fact that our annual forecast of profit for the year attributable to owners of the parent is revised to 300.0 billion yen, the annual ordinary dividend for fiscal year ending March 31, 2020 is revised to 70 yen per share (latest projection was 80 yen per share). In addition to the ordinary dividend, we will award a commemorative dividend of 10 yen per share to commemorate the 100th anniversary of the Company’s establishment. As a result, total annual dividend forecast for the fiscal year ending March 31, 2020 is projected to be 80 yen per share (latest projection was 90 yen per share). The interim dividend is the sum of ordinary dividend of 35 yen per share (half of the amount of planned annual ordinary dividend) and commemorative dividend of 10 yen: 45 yen per share.