Dividend and Own-share Repurchase information

Basic distributive rules for dividends

Sumitomo Warehouse("the Company") distributes an amount equivalent to about 35% of the consolidated profit attributable to owners of parent as the total annual dividend to redistribute its profits back to shareholders. Regardless of profit levels, the company intends to maintain 30 yen* per share as an annual dividend.

(*)The Company conducted a 1-for-2 reverse stock split on its common shares on October 1, 2018. Without taking into account such reverse stock split, the Company intends to maintain 15yen per share as an annual dividend.

Change in dividends

Interim dividend per share Year-end dividend per share Annual dividend per share
Year ended March 31, 2020 18 yen(Forecast) 28 yen***(Forecast) 46 yen(Forecast)
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 ¥18 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 Purchased on the Tokyo Stock Exchange 500,000 shares
JPY 699,000,000
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, 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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