Sumitomo Realty & Development Co., Ltd.
8830・Prime Market・Real Estate
Governance
Company with a Board of Corporate Auditors (8 directors, 3 of whom are outside directors). Plans to transition to a company with an Audit and Supervisory Committee at the 2027 Annual General Meeting of Shareholders, aiming to appoint outside directors as a majority. No nomination or compensation committee has been established; oversight functions are supplemented by an "Outside Officers' Council" composed solely of outside officers.
Risk Management
The company has established a Sustainability Committee chaired by the President, and has built a system to identify and manage risks such as large-scale disasters, climate change, and compliance through three subordinate organizations—the BCP Countermeasures Council, the Sustainability Promotion Council, and the Internal Control Meeting—with important matters reported to the Board of Directors.
Shareholder Returns
Following the 13th consecutive year of record net profit, the annual dividend for FY2026 (ending March 2026) is set at ¥65 per share (interim ¥42, year-end ¥23), with total dividends of ¥40,969 million and a payout ratio of 19.3%. The forecast dividend for FY2027 (ending March 2027) is ¥52 (¥26 twice a year), with a forecast payout ratio of 21.7%. During the period, the company conducted share buybacks totaling ¥60,131 million.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥65 per share (interim ¥42, year-end ¥23), with total dividends of ¥40,969 million (payout ratio 19.3%, dividend on equity ratio 1.8%). Note that a 2-for-1 stock split was implemented effective January 1, 2026, so this is not directly comparable to the pre-split FY2025 (ended March 2025) dividends of ¥35 at the second quarter-end and ¥35 at year-end (total ¥70). The forecast dividend for FY2027 (ending March 2027) is ¥52 per share (interim ¥26, year-end ¥26), with a forecast payout ratio of 21.7%. Total dividends include ¥179 million in dividend payments to the share delivery trust.
ESG
The company has set a target of reducing CO₂ emissions by 50% by FY2030 (versus FY2014 levels; FY2024 actual result: -31% versus base year), aiming for carbon neutrality by 2050, and discloses information based on the TCFD framework. Decarbonization measures are being promoted across each business, including standardization of ZEH-M Oriented specifications for newly built condominiums (100% of designs), a 99% ZEH order ratio for Custom-Built Homes, and a 61% order ratio for high-insulation renovations. In terms of human capital, the company achieved a 6.0% wage increase in FY2026 (ending March 2026), with the ratio of female managers at 10.6% on a consolidated group basis and a male childcare leave take-up rate of 75.0%.
Last updated: June 24, 2026