May 13, 2026
To whom it may concern:
Company: | Sumitomo Realty & Development Co., Ltd. |
Representative: | Kojun Nishima, Representative Director and President |
Securities code: | 8830 (TSE Prime Market) |
Contact: | Soichiro Hatanaka, General Manager of Public Relations Department |
Notice Concerning Dividend from Retained Earnings (Dividend Increase)
Sumitomo Realty & Development Co., Ltd. (the "Company") hereby announces that, at the meeting of the Board of Directors held today, it has resolved to further increase the year-end dividend forecast by 1 yen per share from the previous forecast, resulting in the annual dividend forecast increasing by 9 yen from that for the previous fiscal year, as follows.
This matter is scheduled to be submitted for consideration at the 93rd Ordinary General Meeting of Shareholders, scheduled to be held on June 26, 2026.
Details of the Dividend
Amount of dividend
resolved
Latest dividend forecast
(announced on February 6, 2026)
Amount of dividend paid
(Fiscal year ended March 31, 2025)
Record date
March 31, 2026
March 31, 2026
March 31, 2025
Dividend per share
(Annual dividend per share*)
¥23.00
(¥44.00)
¥22.00
(¥43.00)
¥35.00
(¥35.00)
Total dividend
¥21,336 million
-
¥16,473 million
Effective date
June 29, 2026
-
June 30, 2025
Source of dividend
Retained earnings
-
Retained earnings
* A two-for-one stock split of common stock became effective on January 1, 2026. Annual dividend per share has been calculated assuming that the stock split had become effective at the beginning of the previous consolidated fiscal year.
Reasons for the revision
As a result of the steady expansion of our annual cash flow, we have entered a stage where we can both expand growth investments and enhance shareholder returns without increasing debt. We will continue our policy of progressive dividend increases of 8 yen or more until the dividend payout ratio reaches 35%.
As profit for FY2025 (fiscal year ended March 2026) exceeded our plan, we will increase the previously planned annual dividend increase from 8 yen to 9 yen by adding 1 yen to the FY2025 year-end dividend, raising it from 35 yen to 44 yen per share. From next fiscal year onward, we will maintain our commitment to a progressive annual dividend increase of 8 yen and strive to achieve further earnings growth to accelerate the pace of dividend increases.
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