SUMITOMO WAREHOUSE

Dividend and Own-share Repurchase information

Basic distributive rules for dividends

During the period from FY2023 to FY2025, Sumitomo Warehouse will pay a dividend on equity (DOE) of around 3.5% to 4.0%, taking into consideration the improvement in profitability in each fiscal year, with a minimum annual dividend of 100 yen per share, while continuing to make the necessary business investments to enhance its corporate value from a medium- to long-term perspective.

Change in dividends

  Interim dividend per share Year-end dividend per share Annual dividend per share
Year ended March 31, 2024 50.5yen 50.5yen(Forecast) 101yen(Forecast)
Year ended March 31, 2023 50 yen 50 yen 100 yen
Year ended March 31, 2022 38 yen 59 yen 97 yen
Year ended March 31, 2021 24 yen 24 yen 48 yen
Year ended March 31, 2020 18 yen 29 yen*** 47 yen
Year ended March 31, 2019 8.5 yen 28.5 yen** -
Year ended March 31, 2018 8 yen 8.5 yen 16.5 yen
Year ended March 31, 2017 7 yen 8.5 yen 15.5 yen
Year ended March 31, 2016 6 yen 8 yen 14 yen
Year ended March 31, 2015 6 yen 7 yen 13 yen
Year ended March 31, 2014 5.5 yen 6.5 yen 12 yen
Year ended March 31, 2013 5.5 yen 5.5 yen 11 yen
Year ended March 31, 2012 5 yen 6 yen 11 yen
Year ended March 31, 2011 5 yen 5 yen 10 yen
Year ended March 31, 2010 5 yen 5 yen 10 yen
Year ended March 31, 2009 5 yen 5 yen 10 yen
Year ended March 31, 2008 5 yen 5 yen 10 yen

(*)The Company conducted a 1-for-2 reverse stock split on its common shares on October 1, 2018. Therefore, dividend per share for the year ending March 31, 2019 reflects such reverse stock split and Annual dividend per share states "-".

(**)Dividend per share for the fiscal year ended March 31, 2019 consists of ¥13 for ordinary dividend and ¥15.5 for special dividend.

(***)Dividend per share for the fiscal year ended March 31, 2020 consists of ¥19 for ordinary dividend and ¥10 for 120th anniversary commemorative dividend.

Details of Own-share Repurchase

Repurchase period Method of repurchase Total number of repurchased shares
 Total repurchase amount
August 7, 2023 ~ November 30, 2023 Purchased on the Tokyo Stock Exchange 750,000 shares
 JPY 1,826,934,500
May 16, 2022 ~ December 7, 2022 Purchased on the Tokyo Stock Exchange 1,434,600 shares
 JPY 2,999,819,000
May 14, 2021 ~ November 29, 2021 Purchased on the Tokyo Stock Exchange 1,454,700 shares
 JPY 2,499,968,900
November 9, 2020 ~ February 22, 2021 Purchased on the Tokyo Stock Exchange 1,500,000 shares
 JPY 2,055,764,500
August 8, 2019 ~ February 18, 2020 Purchased on the Tokyo Stock Exchange 2,000,000 shares
 JPY 2,902,470,400
November 7, 2018 ~ January 11, 2019 Purchased on the Tokyo Stock Exchange 1,800,000 shares
 JPY 2,495,590,500
September 1, 2017 Purchased on the Tokyo Stock Exchange 4,363,000 shares
 JPY 3,163,175,000

Note: Information relating to repurchases after FY2017.

Cancellation of Treasury Stock

Date of cancellation Class of shares to be cancelled Number of shares to be cancelled Ratio of the total issued shares before cancellation
March 29, 2024 Common stock 750,000 shares 0.94%
March 31, 2023 Common stock 1,434,600 shares 1.77%
March 31, 2022 Common stock 1,454,700 shares 1.76%
March 31, 2021 Common stock 1,500,000 shares 1.78%
March 31, 2020 Common stock 2,000,000 shares 2.32%
March 29, 2019 Common stock 1,800,000 shares 2.04%
September 29, 2017 Common stock 4,363,000 shares 2.41%
June 30, 2017 Common stock 15,200,000 shares
 7.76%

Note: Information relating to cancellation of treasury stocks after FY2017.

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