[Sumitomo Mitsui Financial Group, Inc.] Revision of Dividend Forecast for the Fiscal Year Ended March 31, 2015(1/1)
Sumitomo Mitsui Financial Group, Inc.
Revision of Dividend Forecast for the Fiscal Year Ended March 31, 2015
TOKYO, 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 |
\ 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. |
