Dividend and Own-share Repurchase information

Basic distributive rules for dividends

During the period from FY2020 to FY2022, Sumitomo Warehouse will maintain an annual dividend amount of 47 yen per share regardless of profit levels and aim to continue increasing dividends over the next three years as we have the past seven years in order to continue to enhance shareholder return. At the same time, we will not define a payout ratio within the above period.

Change in dividends

Interim dividend per share Year-end dividend per share Annual dividend per share
Year ended March 31, 2021 24yen(Forecast) 24yen(Forecast) 48yen(Forecast)
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 (forecast) 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 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 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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