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, 2025	50.5yen(Forecast)	50.5yen(Forecast)	101yen(Forecast)
Year ended March 31, 2024	50.5yen	50.5yen	101yen
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.