On May 1, the Board of Directors resolved to acquire treasury stock following the share split, conducting acquisitions from July 1 to July 31. As of now, cumulative shares acquired amount to 46,450,200 shares, and the total acquisition value is 77,947,007,300 yen. The upper limit for issued shares is about 1.8%, and the acquisition period is from May 7, 2026...
Sumitomo Corporation achieved consolidated sales of ¥1,945 billion (YoY +9.0%) for Q1 of FY2026 (April to June), with net income of ¥1,973 billion (YoY +7.0%). The segments including resources, chemicals, and energy performed well. The full-year outlook remains unchanged, and future earnings growth is anticipated.
Announces the acquisition of treasury shares. Total acquired shares: 8,356,300 shares, total acquisition value: 57,305,745,600 yen (cumulative as of 2026/6/30). Additional purchases conducted in June 1–June 30 (based on trades). At the May 1 board meeting, the cap was 22,000,000 shares and up to 80 billion yen, with the period from 2026/5/7 to 2027/3/31. After the stock split, the acquisition...
Sumitomo Corporation acquired 3,789,200 shares of common stock from May 7, 2026, to May 29, 2026, investing a total of ¥27,329,467,100. It also plans to acquire up to 88 million shares in the future.
The top shareholder of Sumitomo Corporation has been newly designated as the U.S. insurance company National Indemnity Company, with ownership voting rights increasing to 10.05%.
The year-end dividend for the fiscal year ending March 2026 has been set at 80 yen per share, with a total dividend amount of 95,413 million yen, marking an increase from 65 yen in the previous year. The dividend will be paid based on the number of shares before the stock split.
Approximately JPY 70 billion consolidated loss expected to be recorded in the first quarter of the fiscal year ending March 2027 due to the transfer of all equity interests in the Ambatovy Nickel Project. The transfer consideration is minus JPY 66.9 billion, and the transfer is planned to be executed in the first half of fiscal 2026.
For the fiscal year ending March 2026, approximately 135 billion yen of deferred tax assets were newly recognized, and about 30 billion yen of profit was recorded under corporate income tax expense in the consolidated Q4 financial statements.
The forecasted net income attributable to owners of parent for FY2026 is 630 billion yen, ROE is approximately 13%, shareholder returns include an annual dividend of 160 yen per share, and a stock split is planned on July 1, 2026.
A stock split will be conducted on the record date of June 30, 2026, splitting one share into four shares, increasing the total number of issued shares from 1,195,115,184 shares to 4,780,460,736 shares. The total number of authorized shares will be changed from 2 billion shares to 8 billion shares.
Sumitomo Corporation will acquire up to 22 million shares (approximately 1.8%) of treasury stock with a maximum amount of 80 billion yen from May 7, 2026, to March 31, 2027, and plans to cancel all shares on April 9, 2027.
For the fiscal year ending March 2026, consolidated net income attributable to owners of parent was 600.3 billion yen (6.8% YoY increase), annual dividend is 150 yen, and a stock split of 1 share into 4 shares is planned (effective July 1, 2026).