Sumitomo Mitsui Trust raises profit, dividend forecasts and announces share buyback

Sumitomo Mitsui Trust Group revised its consolidated net income forecast for the fiscal year ending March 31, 2026, to 295 bn yen, an increase of 15 bn yen from the previous forecast. This was attributed to progress in reducing strategic shareholdings and low credit costs. Concurrently, the annual dividend forecast per common share was raised by 10 yen to 170 yen, reflecting a progressive shareholder return policy.

In a move to enhance capital efficiency, the company announced a share repurchase program, authorizing the acquisition of up to 11 million common shares, representing 1.6% of outstanding shares (excluding treasury stock), or up to 30 bn yen. These shares, to be acquired between November 13, 2025, and February 27, 2026, will be cancelled on March 18, 2026. As of September 30, 2025, the total number of shares in issue (excluding treasury stock) was 704,808,218, with 577,562 treasury shares.