(This is an English translation of the Japanese original.)
July 1, 2025 Sumitomo Corporation
Shingo Ueno
Representative Director, President and Chief Executive Officer (Code No: 8053, [Prime Tokyo Stock Exchange])
Contact: Taketsugu Abe General Manager, Corporate Communications Department
Tel: +81-3-6285-3100
Notice Regarding the Progress of Share Repurchases
Sumitomo Corporation, at the meeting of its Board of Directors held on May 1, 2025, resolved to repurchase shares of its common stock pursuant to Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Act. The progress of the share repurchases is as follows:
Progress of the share repurchases
Class of shares repurchased: Common stock
Total number of shares repurchased: 0 shares
Aggregate repurchased amount: 0 yen
Period for repurchases: From June 2, 2025 to June 30, 2025 (contract date basis)
Total number of shares repurchased pursuant to the resolution and total amount of repurchases
Total number of shares repurchased: 0 shares
Aggregate repurchased amount: 0 yen
(Reference)
Details of the resolution at the meeting of Board of Directors held on May 1, 2025.
Class of shares to be repurchased: Common stock
Total number of shares to be repurchased: Up to 35 million shares (Ratio to the number of
outstanding shares (excluding treasury stock) about 2.9%)
Aggregate repurchase amount: Up to 80 billion yen
Period for repurchases: From May 2, 2025 to March 31, 2026
Attachments
Original document
Permalink
Disclaimer
Sumitomo Corporation published this content on July 01, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 01, 2025 at 00:02 UTC.
Sumitomo Corp is an integrated trading company. It operates through six business segments: Metal Products, which includes various metal products, such as steel products and non-ferrous metal products; Transportation & Construction Systems, which is engaged in transactions involving ships, aircrafts, transportation systems, motor vehicles, construction equipment, and related components and parts; Infrastructure, which is engaged in a range of overseas infrastructure development projects, such as power generation, renewable energy business and others; Media and Digital, which is engaged in cable television (TV) operations and movie business, among others; Life and Real Estate, which includes food supermarkets, healthcare-related businesses, facility and fund management, real estate business and others, and Mineral Resources and Chemical, which is engaged in the development and trading of mineral and energy resources and commodity derivative transactions.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
