Sumitomo Metal Mining Co., Ltd.
5713・Prime Market・Nonferrous Metals
Governance
The company has adopted a company-with-audit-and-supervisory-board structure and an executive officer system, with 4 of 8 directors being independent outside directors (outside director ratio of 50%). It has established a voluntary governance committee (chaired by an independent outside director) that handles nominations, compensation, and other matters, adopting a highly transparent management model.
Risk Management
The company has established a risk management framework headed by the President, with the Risk Management Subcommittee (held twice a year) responsible for promoting and monitoring risks across the entire company. Management and business risks, individual risks, and crisis response are managed under a three-tier structure, and risks that could affect the achievement of the medium-term management plan are deliberated by the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥228 per share (interim ¥65 + year-end ¥163), with a payout ratio of 35.1%. The forecast for FY2027 (ending March 2027) is ¥207 per share (targeting a payout ratio of 40.0%). The Board of Directors has resolved to acquire treasury shares (upper limit of 4,000,000 shares / ¥20.0 billion) and to retire them (scheduled for September 30, 2026).
Dividend Policy
The basic policy is a consolidated payout ratio of 35% or higher, with a DOE floor indicator set. The annual dividend for FY2026 (ending March 2026) is ¥228 per share (payout ratio of 35.1%), and the forecast for FY2027 (ending March 2027) is ¥207 per share (payout ratio of 40.0%). The interim dividend is determined by resolution of the Board of Directors, and the year-end dividend by resolution of the Ordinary General Meeting of Shareholders. Treasury share acquisitions and retirements are also carried out with the aim of optimizing the capital structure and improving capital efficiency.
ESG
The company has set net-zero GHG emissions by 2050 as its goal, with a medium-term target to reduce Scope 1 and 2 emissions by 38% by FY2030 (year ending March 2031) compared to FY2015 levels (FY2025 actual: 26% reduction). In terms of human capital, the company is implementing various initiatives such as a job grade system, a DE&I declaration, and the establishment of a Health and Productivity Management Promotion Office, and has set KPIs to address six material issues (stable supply of non-ferrous metals, carbon neutrality, environmental conservation, human capital management, coexistence and mutual prosperity with local communities, and supply chain management).
Last updated: June 24, 2026