SUMITOMO MITSUI FINANCIAL GROUP, INC. Sumitomo Mitsui Financial Group, Inc.
Revision of Dividend Forecast for the Fiscal Year Ended March 31, 2015TOKYO, May 13, 2015 --- Sumitomo Mitsui Financial Group, Inc. ("SMFG") announces that it has resolved at the meeting of the Board of Directors held today, to revise its fiscal year-end cash dividend forecast on common stock for the fiscal year ended March 31, 2015, previously announced in November 13, 2014, in view of recent good financial performance.
(Yen)
Cash dividend per share (common stock) | |||
Record date | Interim-end | Fiscal year-end | Annual |
Previous forecast (*) (A) | ¥ 60 | ¥ 70 | ¥ 130 |
Revised forecast (B) | 60 | 80 | 140 |
Change (B - A) | ― | + 10 | + 10 |
Results for the fiscal year ended March 31, 2014 | ¥ 55 | ¥ 65 | ¥ 120 |
* Announced in November 13, 2014
(Reference: Consolidated operating results for the fiscal year ended March 31, 2015)
(Billions of yen)
Forecast (*) (A) | Result (B) | Change (B-A) | |
Ordinary profit | ¥ 1,200.0 | ¥ 1,321.2 | ¥ 121.2 |
Net income | 700.0 | 753.6 | 53.6 |
* Announced in November 13, 2014
This document contains "forward-looking statements" (as defined in the U.S. Private Securities Litigation Reform Act of 1995), regarding the intent, belief or current expectations of Sumitomo Mitsui Financial Group, Inc. ("SMFG") and its management with respect to SMFG's future financial condition and results of operations. In many cases but not all, these statements contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "probability," "risk," "project," "should," "seek," "target," "will" and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. The risks and uncertainties which may affect future performance include: deterioration of Japanese and global economic conditions and financial markets; declines in the value of SMFG's securities portfolio; SMFG's ability to successfully implement its business strategy through its subsidiaries, affiliates and alliance partners; exposure to new risks as SMFG expands the scope of its business; and incurrence of significant credit-related costs. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of the date of this document. SMFG undertakes no obligation to update or revise any forward-looking statements.
Please refer to SMFG's most recent disclosure documents such as its annual report on Form 20-F and other documents submitted to the U.S. Securities and Exchange Commission, as well as its earnings press releases, for a more detailed description of the risks and uncertainties that may affect its financial conditions, its operating results, and investors' decisions.
|
distributed by
|
