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Revision of earnings forecasts8309Sumitomo Mitsui Trust Group,Inc.Banks

Notice Regarding Revisions to Consolidated Earnings Forecast and Dividend Forecast for the Fiscal Year Ending March 2026

The forecast for net income attributable to owners of the parent for the fiscal year ending March 2026 has been raised from ¥295.0 billion to ¥317.0 billion, and forecast earnings per share has been raised from ¥418.49 to ¥451.00. Accordingly, the forecast year-end dividend has been increased from ¥90 to ¥105, and the forecast annual dividend from ¥170 to ¥185.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
220
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 12 November 2025
Profit attributable to owners of the parent2,950→3,170Hundreds of millions of yen
+7.5%
Net income per share—→—yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Net income attributable to owners of the parent is expected to exceed the forecast due to the expected recording of gains on the sale of shares as the reduction of cross-shareholdings progresses.

Previous-period resultsNet income attributable to owners of the parent: ¥257.6 billion; earnings per share: ¥359.57 (fiscal year ended March 2025)
Dividend forecast revisionThe forecast year-end dividend has been increased by ¥15.00 from ¥90.00 to ¥105.00, and the forecast annual dividend has been increased by ¥15.00 from ¥170.00 to ¥185.00.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Profit attributable to owners of the parent2,950 Hundreds of millions of yen → 3,170 Hundreds of millions of yen(+7.5%)
Net income per share¥418.49 → ¥451.00(+7.8%)
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast12 November 2025
Previous-period resultsNet income attributable to owners of the parent: ¥257.6 billion; earnings per share: ¥359.57 (fiscal year ended March 2025)
Reason for the revisionNet income attributable to owners of the parent is expected to exceed the forecast due to the expected recording of gains on the sale of shares as the reduction of cross-shareholdings progresses.
Dividend forecast revisionThe forecast year-end dividend has been increased by ¥15.00 from ¥90.00 to ¥105.00, and the forecast annual dividend has been increased by ¥15.00 from ¥170.00 to ¥185.00.
Consolidated / non-consolidatedConsolidated
Items this document does not state (4)
Net SalesOperating profitOrdinary incomeDetails and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Net income attributable to owners of the parent is expected to exceed the previous forecast because the reduction of cross-shareholdings has progressed, making it likely that gains on the sale of shares will be recorded. The dividend forecast has been increased in light of the upward revision to the earnings forecast, in accordance with the shareholder return policy of targeting a consolidated dividend payout ratio of at least 40%.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Consolidated Earnings Forecast and Dividend Forecast for the Fiscal Year Ending March 2026 | Sumitomo Mitsui Trust Group,Inc. (8309) timely disclosure | Komori