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

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
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