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Sumitomo Mitsui Trust Holdings Inc Amends Consolidated Full-year Outlook and Raises Year-end Dividend Forecast for FY 2012


Friday, 27 Apr 2012 12:30am EDT 

Sumitomo Mitsui Trust Holdings Inc announced that it has raised its consolidated full-year outlook for ordinary profit from JPY 265,000 million to JPY 272,000 million, but lowered the outlook for net profit from JPY 180,000 million to JPY 165,000 million, for the fiscal year ended March 2012. The Company raised the ordinary profit outlook due to the business integration, and lowered the net profit outlook due to the reversal of deferred tax assets. The Company has also raised its year-end dividend forecast from JPY 4 per share announced on January 31, 2012, to JPY 4.50 per share, for the fiscal year ended March 2012.