Sumitomo Forestry Co., Ltd. declared the company expects to pay a year-end dividend of JPY 15.00 per share for the year ending March 31, 2017 against JPY 12.00 per share for the same period a year ago. Thus the annual dividend would amount to JPY 30.00 per share for the year ending March 31, 2017 against JPY 24.00 per share for the same period a year ago.