Against the backdrop of a strong real estate leasing business, the Company has upwardly revised its full-year earnings forecast for the fiscal year ending March 2027. It will implement a dividend of surplus (interim dividend), revise the year-end dividend forecast upward, increase the annual dividend to 55 yen, raise the dividend payout ratio to around 60%, and aims to achieve a 100 yen annual dividend within five 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/8830-20261110-04.pdf","jir_short_summary":"Against the backdrop of a strong real estate leasing business, the Company has upwardly revised its full-year earnings forecast for the fiscal year ending March 2027. It will implement a dividend of surplus (interim dividend), revise the year-end dividend forecast upward, increase the annual dividend to 55 yen, raise the dividend payout ratio to around 60%, and aims to achieve a 100 yen annual dividend within five years.","jir_summary":"### Earnings Overview\nBased on the board resolution disclosed today, the Company has upwardly revised its full-year earnings forecast centered on the real estate leasing business due to tightening supply-demand conditions in the Tokyo central office leasing market. Net sales are expected to be 1,060,000 million yen, operating income 330,000 million yen, ordinary income 315,000 million yen, net income attributable to owners of parent 230,000 million yen, and net income per share 247.19 yen.\n\n### Dividend Policy and Outlook\nThe Company will implement a dividend of surplus (interim dividend) and has revised the year-end dividend forecast from 28 yen\/share to 55 yen\/share, raising the annual dividend to 55 yen. Going forward, the Company will raise its dividend policy to around a 60% payout ratio and aims to achieve a 100 yen annual dividend within five years. Cash flow is expected to improve due to expanded earnings from the leasing business and increased proceeds from share disposals, and the Company will pursue sustainable profit growth and strengthening of its financial position.","jir_financial_highlights":"Net Sales: 1,060,000 million yen (vs. previous forecast -0.9%)\nOperating Income: 330,000 million yen (vs. previous forecast +3.1%)\nOrdinary Income: 315,000 million yen (vs. previous forecast +5.0%)\nNet Income Attributable to Owners of Parent: 230,000 million yen (vs. previous forecast +3.1%)\nNet Income per Share: 247.19 yen (vs. previous forecast +3.1%)","jir_category":"","jir_hashtags":"#SumitomoRealtyAndDevelopment, #DividendPolicy, #DividendIncrease, #LeasingBusinessExpansion","jir_key_figures":"Net Sales: 1,060,000 million yen\nOperating Income: 330,000 million yen\nYear-end Dividend Forecast: 55 yen\/shares\nDividend per Share Forecast: 247.19 yen","jir_meta_title":"Sumitomo Realty & Development Co., Ltd. Upwardly Revises Full-Year Forecast\uff5cRaises Dividend Payout Ratio to ~60% and Increases Annual Dividend to 55 yen","jir_meta_description":"Sumitomo Realty & Development Co., Ltd. has upwardly revised its full-year earnings forecast, will implement an interim dividend, and has raised its year-end dividend forecast to increase the annual dividend to 55 yen. Strengthened financial position driven by leasing business growth and a target of 100 yen annual dividend within five years.","jir_og_title":"Sumitomo Realty & Development Strengthens Dividend Policy\uff5cRevises Full-Year Forecast, Announces 55 yen Dividend","jir_og_description":"Upward revision of earnings forecast backed by a strong leasing business. Announces interim dividend and increased year-end dividend to enhance dividend payout ratio and long-term shareholder returns.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6907,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-147319","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n