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 consolidated profits of FY2018 resulted 320.5 billion yen, the annual dividend for fiscal year ending March 31, 2019 is projected to be 75 yen per share (annual dividend of the previous fiscal year was 62 yen per share). The year-end dividend is projected to be 38 yen per share since the interim dividend was 37 yen per share.

The annual ordinary dividend for the fiscal year ending March 31, 2020 is projected to be 80 yen per share (the interim and the year-end dividend: 40 yen per share respectively) as we forecast our profit for FY2019 is 340 billion yen. In addition to the ordinary interim dividend, we will award a commemorative dividend of 10 yen per share to commemorate the 100^th 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 90 yen per share (the interim dividend: 50 yen per share, the year-end dividend: 40 yen per share).