Slide 1: Annual Results for FY2024
Annual Results for FY2024 May 1, 2025 Sumitomo Corporation Cautionary Statement Concerning Forward-looking Statements This report includes forward-looking statements relating to our future plans, forecasts, objectives, expectations and intentions. The forward-looking statements reflect management's
Slide 2: Summary of FY2024 Results・FY2025 Forecasts
1. Summary of FY2024 Results・FY2025 Forecasts FY2024 Results: Profit for the year attributable to owners of the parent totaled ¥561.9 bil., ¥175.5 bil. increase compared to FY2023. FY2025 Forecasts: Annual profit of record-high ¥570.0 bil. and ROE of 12%, incorporating a loss buffer of ¥-40.0 bi
Slide 3: Progress of Medium-Term Management Plan 2026: Profit Plan
2. Progress of Medium-Term Management Plan 2026: 650.0 Profit Growth business +100.0 Profit Plan 500.0 growth +150.0 incl. Organic*2 +50.0 Inorganic*2 +50.0 Restructuring FY2024: asset replacement as a part of business portfolio transformation contributed to the profit growth +50.0 FY2025: profi
Slide 4: Growth businesses with strengths and competitive advantages
3. Progress of Medium-Term Management Plan 2026: Growth businesses with strengths and competitive advantages Main growth business Current situation Action • Investment in EEW, a manufacturing business for “Monopiles“, used for the • Expand businesses with EEW, and capture demand for energy transitio
Slide 5: Progress of Medium-Term Management Plan 2026: Cash flow allocation
Cash In Cash Out 4. Progress of Medium-Term Management Plan 2026: Asset replacement ¥0.8 trillion ROE12% Shareholder returns ¥0.7trillion~ Cash flow allocation Cash flow or higher Investment earnings ¥1.8 trillion~ Basic policy of positive free cash flow post shareholder returns and cash flow allo
Slide 6: Investment and Asset replacement
Cash In Cash Out 5. Progress of Medium-Term Management Plan 2026: Asset replacement ¥0.8 trillion ROE12% Shareholder returns ¥0.7trillion~ Investment and Asset replacement Cash flow or higher Investment Both investments and asset replacements are steadily proceeding against the 3-year total plan.
Slide 7: Shareholder Return
6. Shareholder Return FY2024: Annual dividend is ¥130/share. (interim dividend: ¥65/share, year-end: ¥65/share (plan)) We will repurchase ¥20.0 bil. of our share as additional shareholder return. FY2025: Annual dividend forecast is set at ¥140/share (plan), an increase of ¥10/share from FY2024.
Slide 8: Medium-Term Management Plan 2026: Summary of the First Year
7. Medium-Term Management Plan 2026: Summary of the First Year Although business environment became more uncertain considering the rise of political turmoil and geopolitical tensions, and sluggish growth in major developed countries, we have achieved profit growth exceeding the company’s initial p
Slide 9: Business Portfolio Transformation
8. Progress of Medium-Term Management Plan 2026: Business Portfolio Transformation Steadily increased invested capital mainly in steady business growth, while proceeding asset replacement. Invested capital allocation (FY2023→FY2024) Profit / ROIC Trend* (FY2023→FY2024) (Unit: billions of yen) Prof
Slide 10: Stock Price / PBR Trend
9. Stock Price / PBR Trend Stock price has been outperforming TOPIX since 2022 along with the profit growth. By implementing various measures in Medium-Term Management Plan 2026 steadily, we will achieve early recovery to PBR of 1 or more. (JPY) (times) 5,000 1.2 PBR of Sumitomo Corporation Stoc
Slide 11: FY2024 Results・FY2025 Forecasts
FY2024 Results・FY2025 Forecasts 10 © 2025 Sumitomo Corporation
Slide 12: Operating Results (Profit for the Year)
10. Operating Results (Profit for the Year (Attributable to Owners of the Parent)) Profit for the year attributable to owners of the parent for FY2024 totaled ¥561.9 bil., a ¥175.5 bil. increase compared to the previous fiscal year. Non-mineral resources business performed strongly, with a profi
Slide 13: Profit for the Year by Segment
11. Profit for the Year by Segment FY2023 Results: ¥386.4 bil. FY2024 Results: ¥561.9 bil. Increase/ Segment Profit Decrease Main factors for the increase/decrease (Unit: billions of yen) Upper: FY2023 Results 69.2 • Tubular products: despite the weakening market conditions in North America, other r
Slide 14: Operating Results (Cash Flows)
12. Operating Results (Cash Flows) In FY2024, total cash inflow was steady, driven by robust cash generation mainly from core businesses. Asset replacement proceeded steadily, and cash inflow was largely allocated to growth investments for businesses with strengths and competitive advantages. (U
Slide 15: Operating Results (Financial Position)
13. Operating Results (Financial Position) Total assets increased to ¥11.6 tri., mainly due to increase in operating assets. (an increase of approx.¥600.0 bil. compared to the end of Mar. 2024) (Unit: billions of yen) As of Mar. As of Mar. Increase/ Highlights 31, 2024 31, 2025 Decrease Current as
Slide 16: Forecasts for FY2025 (Profit for the Year)
14. Forecasts for FY2025 (Profit for the Year (Attributable to Owners of the Parent)) FY2025 Forecasts: Annual profit of record-high ¥570.0 bil. Expect steady profit growth in non-mineral resources. Also incorporated a loss buffer of ¥-40.0 bil. considering uncertain business environment. Profit/L
Slide 17: Forecasts for FY2025 (Profit for the Year by Segment)
15. Forecasts for FY2025 (Profit for the Year by Segment) FY2024 Results : ¥561.9 bil. FY2025 Forecasts: ¥570.0 bil. Increase/ (Unit: billions of yen) Segment Profit Decrease Main factors for the increase/decrease Upper: FY2024 Results 68.4 • Tubular products: market recovery expected in tubular pro
Slide 18: Appendix
Appendix 17 © 2025 Sumitomo Corporation
Slide 19: Contents
Contents 16. Assumptions and Sensitivity P. 19 17. Forecasts for FY2025 (Profit for the Year by Segment) P. 20 Quarterly Breakdown of Asset Replacement and Extraordinary Profits/Losses 18. by Segment (FY2024・FY2023) P. 21-22 19. Performance Overview by Segment P. 23-31 20. Supplementary Segment Info
Slide 20: Assumptions and Sensitivity
16. Assumptions and Sensitivity Prices and Mineral Resources Equity FY24 Sensitivity to Net Income*3 FY23 FY25 Share of Production (Annual base, May 2025 Results Q1 Q2 Q3 Q4 Results Forecasts announcements) ¥+2.0 bil. Exchange rate JPY/US$ 144.59 155.85 149.68 152.37 152.55 152.61 140.00 (depreciati
Slide 21: Forecasts for FY2025 (Profit for the Year by Segment)
17. Forecasts for FY2025 (Profit for the Year by Segment) (Unit: billions of yen) FY24 Results FY25 Forecasts (announced in May 2025) Profit for the Year Asset replacement and Profit for the Year Asset replacement and (attributable to owners of the parent) extraordinary profits/losses* (attributable
Slide 22: Quarterly Breakdown of Asset Replacement and Extraordinary Profits/Losses (FY2024)
18. Quarterly Breakdown of Asset Replacement and Extraordinary Profits/Losses by Segment (FY2024) (Unit: billions of yen) *1 Cumulative Q1 Q2 Q3 Q4 Main factors Results Q4 Loss related to withdrawal from steel sheets business, etc.: approx.-4.0 Steel 0.0 0.0 0.0 -1.0 -1.0 Tax effect from the capital
Slide 23: Quarterly Breakdown of Asset Replacement and Extraordinary Profits/Losses (FY2023)
18. Quarterly Breakdown of Asset Replacement and Extraordinary Profits/Losses by Segment (FY2023) (Unit: billions of yen) * Cumulative Q1 Q2 Q3 Q4 Main factors Results Q1 Profit on structural reform of tubular products business: approx.+2.0 Steel 2.0 0.0 0.0 -1.0 1.0 Q4 Revaluation loss from seeding
Slide 24: Performance Overview (Steel)
19. Performance Overview (Steel) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥2.0 bil. increase from FY23) ① ② ②-① Profit for the period attributable to Tubular
Slide 25: Performance Overview (Automotive)
19. Performance Overview (Automotive) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥2.0 bil. decrease from FY23) ① ② ②-① Profit for the period attributable to Aut
Slide 26: Performance Overview (Transportation & Construction Systems)
19. Performance Overview (Transportation & Construction Systems) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥10.0 bil. increase from FY23) ① ② ②-① Profit for th
Slide 27: Performance Overview (Diverse Urban Development)
19. Performance Overview (Diverse Urban Development) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥24.0 bil. increase from FY23) ① ② ②-① Profit for the period att
Slide 28: Performance Overview (Media & Digital)
19. Performance Overview (Media & Digital) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥3.0 bil. increase from FY23) ① ② ②-① Profit for the period attributable t
Slide 29: Performance Overview (Lifestyle Business)
19. Performance Overview (Lifestyle Business) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥5.0 bil. increase from FY23) ① ② ②-① Profit for the period attributabl
Slide 30: Performance Overview (Mineral Resources)
19. Performance Overview (Mineral Resources) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥15.0 bil. increase from FY23) ① ② ②-① Profit for the period attributabl
Slide 31: Performance Overview (Chemical Solutions)
19. Performance Overview (Chemical Solutions) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (Remained level with FY23) ① ② ②-① Profit for the period attributable to Basic
Slide 32: Performance Overview (Energy Transformation Business)
19. Performance Overview (Energy Transformation Business) (Unit: billions of yen) Key Financial Indicators FY23 FY24 Increase/ FY25 Underlying Profit for FY24 Results Results Decrease Forecasts Forecasts for FY25 (Underlying Profit) (approx.¥1.0 bil. increase from FY23) ① ② ②-① Profit for the period
Slide 33: Supplementary Segment Information (Steel)
20. Supplementary Segment Information (Steel) Growth Strategy Leveraging the Steel Business’s Strengths Strengths Growth Strategy Progress (FY24) Expertise, solution capabilities, and an extensive customer network in steel Invested in EEW Offshore Wind Holding, a worldwide leading manufactur
Slide 34: Supplementary Segment Information (Automotive)
20. Supplementary Segment Information (Automotive) Group’s Footprint Europe Toyota Ukraine (Ukraine) Engineering service Summit Motors Ukraine (Ukraine) Auto parts manufacture Moto Pfohe EOOD (Bulgaria) Automotive sales & marketing Summit Motors Slovakia (Slovakia) Leasing, rental, subscriptions Sum
Slide 35: Supplementary Segment Information (Transportation & Construction Systems)
20. Supplementary Segment Information (Transportation & Construction Systems) Construction & Mining Systems Business - Growth Strategy Leveraging Strengths Growth Strategy Main Business Growth Strategy Progress (FY24) We have formed a strategic partnership with BIA Group, which operates construc
Slide 36: Supplementary Segment Information (Diverse Urban Development)
20. Supplementary Segment Information (Diverse Urban Development) Sustainable Growth Strategies for the Real Estate Business Growth Strategy Major pipelines and completion / sale projects Improving asset turnover and globally developing and expanding Domestic Domestic Overseas high-quality pro
Slide 37: Supplementary Segment Information (Media & Digital)
20. Supplementary Segment Information (Media & Digital) Growth strategy in Digital Business Solving industry and customer issues by leveraging our expanding digital capabilities, new business development capabilities and global business foundation. Growth Image Public Financial Industry and Servic
Slide 38: Supplementary Segment Information (Lifestyle Business)
20. Supplementary Segment Information (Lifestyle Business) Healthcare: Building sustainable healthcare systems ■ Growth Strategy Progress (FY24) Domestic Overseas Progress Progress Business domains Business domains Expanding of drugstores & pharmacies Expanding & deepening business in Build a su
Slide 39: Supplementary Segment Information (Mineral Resources)
20. Supplementary Segment Information (Mineral Resources) Through mineral resource development and the construction of its value chain, we will provide value that is unique to us and contribute to the development of industry and the realization of a sustainable society Growth Strategy Group Busi
Slide 40: Ambatovy Nickel Project
20. Supplementary Segment Information (Mineral Resources) Ambatovy Nickel Project FY23 FY24 Increase/ FY25 FY24 Results Results Results Decrease Forecasts Production declined compared to FY23, attributed to the utility (A) (B) (B)-(A) plant issue at the end of Dec. 2023 and the damage to the slu
Slide 41: Supplementary Segment Information (Chemical Solutions)
20. Supplementary Segment Information (Chemical Solutions) Agribusiness as the Driver of Growth Overview Crop Protection Trade & Next-Generation Agriculture & Agricultural Input & Service Business Innovation Distribution Business Provision of comprehensive services to Development and promotion of ne
Slide 42: Supplementary Segment Information (Energy Transformation Business)
20. Supplementary Segment Information (Energy Transformation Business) Group Business Development With a full view of the entire value chain in each industrial sector, from production to distribution and consumption, we will contribute to society by providing one-stop solutions that meet regional
Slide 43: Progress of Sustainability Management
21. Progress of Sustainability Management Material issues Long-term goals Status of initiatives up to FY2024 Policies for future initiatives ・Continue 100SEED activities through the “Mirai ・Promoted 100SEED, employee-participation social contribution activities School” career education support progr
Slide 44: Summary of Consolidated Statements of Comprehensive Income
22. Summary of Consolidated Statements of Comprehensive Income (Unit: billions of yen) Increase/ FY23 Results FY24 Results Decrease Summary Revenues 6,910.3 7,292.1 +381.8 Gross profit Gross profit 1,342.5 1,444.8 +102.3 Automotive sales & marketing business: stable Selling, general and administra
Slide 45: Summary of Consolidated Statements of Cash Flows
23. Summary of Consolidated Statements of Cash Flows (Unit: billions of yen) Increase/ FY23 Results FY24 Results Decrease Summary Net cash provided by (used in) 608.9 612.3 +3.4 Net cash provided by (used in) operating activities operating activities Steady cash generation by core businesses Profi
Slide 46: Summary of Consolidated Statements of Financial Position
24. Summary of Consolidated Statements of Financial Position (Unit: billions of yen) Increase/ End of FY23 End of FY24 Decrease Summary Assets 11,032.6 11,631.2 +598.6 Trade and other receivables (current / non-current) Current assets * 4,937.9 5,074.1 +136.2 Increase: precious metal price increas
Slide 47: Shareholder Composition
25. Shareholder Composition 10.8% 10.3% 10.2% 10.2% 10.1% 9.3% 8.8% 8.9% 8.7% 8.7% 8.6% 10.9% 11.7% 12.7% 12.5% 13.1% 12.1% 12.2% 13.4% 12.7% 12.1% 12.9% 13.7% 15.7% 17.1% 17.6% 17.9% 18.8% 18.6% 15.6% 18.9% 17.2% 18.7% 28.2% 26.3% 27.9% 24.3% 27.9% 28.1% 28.1% 26.6% 26.1% 25.0% 26.6% 35.7% 37.0% 34
Slide 48: © 2025 Sumitomo Corporation
47 © 2025 Sumitomo Corporation