Sumitomo Corporation

2026/08/21 Updated
Market Cap: $50.7B (¥8.1T)
Stock Price: $10.70 (¥1,702)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Stock Split and Partial Amendments to Articles of Incorporation Accompanying the Stock Split

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.

Importance:
Page Updated: May 1, 2026
IR Disclosure Date: May 1, 2026

Key Figures

  • Total Number of Issued Shares Before Stock Split: 1,195,115,184 shares
  • Total Number of Issued Shares After Stock Split: 4,780,460,736 shares
  • Change in Total Number of Authorized Shares: From 2 billion shares to 8 billion shares

AI要約

Overview of the Stock Split

Sumitomo Corporation will implement a stock split effective on the record date of June 30, 2026, splitting one share into four shares. As a result, the total number of issued shares will increase from 1,195,115,184 shares to 4,780,460,736 shares. The purpose is to create a more favorable investment environment by lowering the amount per investment unit, improving stock liquidity, and expanding the investor base. The amount of capital will not change. The effective date is July 1, 2026.

Partial Amendments to the Articles of Incorporation Accompanying the Stock Split

In conjunction with the stock split, a partial amendment to the articles of incorporation will be made effective July 1, 2026, to change the total number of authorized shares from the current 2 billion shares to 8 billion shares. This amendment was decided by a resolution of the Board of Directors pursuant to Article 184, Paragraph 2 of the Companies Act. This change will enhance flexibility for future stock issuances.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Sumitomo Corporation

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