SUMIDA CORPORATION (hereafter “the Company”) revised its forecast for FY2022
dividend previously announced on October 31, 2022.
1. Revision of dividend forecast
| Dividend Payment (yen) | |||||
| First Quarter | Second Quarter | Third Quarter | Year-end | Total | |
| Previous Forecast (announced on October 31, 2022) |
14.00 | 22.00 | 36.00 | ||
| Revised Forecast | 33.00 | 47.00 | |||
| Dividend paid in FY2022 | 14.00 | ||||
| (Reference) Previous Year Results (FY ended December 2021) |
3.00 | 3.00 | 11.00 | 11.00 | 28.00 |
2. Reasons for revision of dividend forecast
The Company’s basic policy for the return of profits to shareholders is to deliver dividends in consideration of a consolidated dividend payout ratio (25% to 30%) with top priority on the profit distribution through dividends. In accordance with this policy, the Company has revised its dividend forecast. Considering the consolidated financial results for the fiscal year ending December 31, 2022 announced today, the year-end dividend forecast was revised to 33 yen from 22 yen. As a result, the annual dividend for the fiscal year ending December 31, 2022, combining the year-end dividend and the interim dividend of 14 yen that has already been paid, will be 47 yen.