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.

The company’s policy on shareholder returns for FY2022 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 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 in FY2023 is revised to 500.0 billion yen, the annual dividend for the fiscal year is revised to 125 yen per share (latest plan was 120 yen per share). The interim dividend is 62.5 yen per share, half the amount of planned annual dividend (the interim dividend in the previous fiscal year was 57.5 yen per share).

Dividend per Share

*1 For details, please see "Shareholder Return Policy" at the top of this page.
For the years ended March 31  Cash dividends per share (Total)   Interim   Year-end 
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)
(ordinary dividend 35yen+
100 anniversary commemorative dividend 10yen)
(ordinary dividend 35yen)
FY2020 70yen 35yen 35yen
FY2021 110yen 45yen 65yen
FY2022 115yen 57.5yen 57.5yen
FY2023 (Forecast)*1 125yen 62.5yen 62.5yen
*1 For details, please see "Shareholder Return Policy" at the top of this page.

Progress of the Share Repurchases

Period for repurchases  Method of repurchases   Total number of shares to be repurchased   Aggregate repurchases amount*2 
From Feb. 7, 2023 to Apr. 28, 2023 Purchase on the TSE 21,268,200 shares 50.0 billion yen
From May 10, 2023 to Jun. 9, 2023 Purchase on the TSE 7,478,000 shares 20.0 billion yen
*2 Amounts of less than hundred million yen are rounded off.

Cancellation of Treasury Stock

Cancellation period  Number of shares 
Jun. 2, 2023 21,268,200 shares
Jul. 24, 2023 7,478,000 shares