Sumitomo Pipe & Tube Co., Ltd. Issues FY 2013 Outlook; Amends Midterm Dividend Outlook and Reaffirms Year-end Dividend Outlook for FY 2013

Sumitomo Pipe & Tube Co., Ltd. announced that it has issued its consolidated mid-year outlook for revenue of JPY 28,500 million, operating profit of JPY 800 million, ordinary profit of JPY 900 million, net profit of JPY 500 million and earning per share of JPY 15.30 for the fiscal year ending March 31, 2013. The Company also issued its consolidated full-year outlook for revenue of JPY 57,000 million, operating profit of JPY 2,000 million, ordinary profit of JPY 2,400 million, net profit of JPY 1,300 million and earning per share of JPY 39.78 for the fiscal year ending March 31, 2013. The Company also amends its midterm dividend outlook from an undetermined value, which was announced on April 27, 2012, to JPY 4.00 per share, and also reaffirmed its year-end dividend outlook of an undetermined value, for the same fiscal year.