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Accelerating dividend growth: targeting a ¥100 dividend within 5 years, doubling the dividend, and ordinary profit of ¥400 billion within 5 years and ¥500 billion within 10 years through sustainable profit growth

The annual dividend for the current fiscal year was raised by ¥3 from the previous forecast and revised to ¥55 per share. The company will accelerate the pace of dividend increases and target a dividend of ¥100 per share within 5 years.

Worth reading
90Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
3
¥ per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Current period
55YenRevised annual dividend per sharePrevious forecast ¥52, change ¥+3(+5.8%)
Previous-period resultsPrevious forecastAfter revision

Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period. For periods showing only the annual amount, the payment breakdown is not provided, so only the end point is plotted.

Dividend policy

The company has pledged to increase its dividend progressively by at least ¥8 annually and has increased the amount of each annual dividend increase while allocating approximately 35% of the annual increase in profit to dividends. Going forward, it will raise this proportion to approximately 60% and accelerate dividend growth further. The company is targeting a ¥100 dividend within 5 years, doubling the dividend.

Dividend per share
ItemDetails
Dividend per share52 Yen → 55 Yen(+5.8%)
Total Annual Dividends52 Yen → 55 Yen(+5.8%)
Previous-period results (per share)Interim Not disclosed / End of period Not disclosed / Annual 44 Yen
Dividend policyThe company has pledged to increase its dividend progressively by at least ¥8 annually and has increased the amount of each annual dividend increase while allocating approximately 35% of the annual increase in profit to dividends. Going forward, it will raise this proportion to approximately 60% and accelerate dividend growth further. The company is targeting a ¥100 dividend within 5 years, doubling the dividend.
Fiscal Period CoveredCurrent period
Items this document does not state (7)
Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special DividendsPayout ratioWhether Submission to the General Meeting of Shareholders Is Required

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.

Cash flow is expected to increase due to higher earnings from the rental business and increased proceeds from the sale of shares. In addition, the company revised its earnings forecast upward, increasing confidence in sustainable profit growth. The proportion of the annual increase in profit allocated to dividend increases will be raised from approximately 35% to approximately 60%.

How to read this page

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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.
Accelerating dividend growth: targeting a ¥100 dividend within 5 years, doubling the dividend, and ordinary profit of ¥400 billion within 5 years and ¥500 billion within 10 years through sustainable profit growth | Sumitomo Realty & Development Co.,Ltd. (8830) timely disclosure | Komori