Dividend Information
Dividend Policy
Sumitomo Corporation aims to increase dividends by achieving medium and long-term earnings growth while adhering to the fundamental policy of paying shareholders a stable dividend over the long term.
In the three-year Medium-Term Management Plan 2020 from April 2018, 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.
Our consolidated net income in fiscal 2019 resulted in ¥171.4 billion due to rapid deterioration of business environment along with the worldwide outbreak of COVID-19. Although the result was lower than the forecast announced on February 7, 2020, the annual dividend for fiscal 2019 is ¥80 per share (ordinary dividend of ¥70 and commemorative dividend of ¥10 per share) following our fundamental policy of paying shareholders a stable dividend over the long term and the fact that the decrease in earnings was mainly caused by one-off losses not impacting our cash flow. The year-end dividend is ¥35 per share since the interim dividend was ¥45 per share (ordinary dividend of ¥35 and commemorative dividend of ¥10 per share).
The annual dividend for fiscal 2020 is projected to be ¥70 per share, the same as the ordinary dividend amount of fiscal 2019 (interim and the year-end dividend of ¥35 per share each), amount for commemorative dividend is eliminated. This is based on our fundamental policy of paying shareholders a stable dividend over the long term, though negative impacts on our financial performance are inevitable with the current business environment.
Dividend per Share

For the years ended March 31 | Cash dividends per share (Total) | Interim | Year-end |
---|---|---|---|
FY2012 | 46yen | 25yen | 21yen |
FY2013 | 47yen | 23yen | 24yen |
FY2014 | 50yen | 25yen | 25yen |
FY2015 | 50yen | 25yen | 25yen |
FY2016 | 50yen | 25yen | 25yen |
FY2017 | 62yen | 28yen | 34yen |
FY2018 | 75yen | 37yen | 38yen |
FY2019 | 80yen (ordinary didivend 70yen+ 100 anniversary commemorative dividend 10yen※) |
45yen (ordinary dividend 35yen+ 100 anniversary commemorative dividend 10yen※) |
35yen (ordinary dividend 35yen) |
FY2020(planned) | 70yen | 35yen | 35yen |