Sumitomo Mitsui Trust Group reported consolidated net profit of ¥250.1 billion for April–September 2026, up 46% year on year, and raised its full-year forecast to ¥420 billion.
Sumitomo Mitsui Trust Group's consolidated net profit for April–September 2026 was ¥250.1 billion, up 46% year on year. Core net business profit was 61% of the full-year forecast and net profit was 66%, with results for the period reaching a record high. The company subsequently raised its full-year forecast.
The forecast for consolidated net profit for the fiscal year ending March 2027 was raised to ¥420 billion from ¥380 billion, representing an expected increase of approximately 32% from the previous fiscal year. Contributing factors included strong business performance and an increase in gains on the sale of shares held for policy purposes as those holdings were reduced.
The annual dividend forecast was raised to ¥51.00 from the previous forecast of ¥47.50. The year-end dividend will be increased by ¥3.50 to ¥27.25.
The company also plans to conduct a share buyback with an upper limit of ¥50 billion. The upper limit on the number of shares to be acquired is 45 million, equivalent to 1.6% of the total number of shares issued.