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SUMITOMO CHEMICAL, Apr-Dec (Cumulative 3Q) Net Income Turns to Profit, Exceeds Full-Year Plan

Mon Feb 3, 2025 1:30 pm JST Earnings

4005 SUMITOMO CHEMICAL COMPANY, LIMITED 【IFRS】

Earnings Report

SUMITOMO CHEMICAL COMPANY, LIMITED <4005> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 3rd (13:30). The consolidated net income/loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) turned into a profit of 28.5 billion yen (compared to a loss of 109 billion yen in the same period last year). The progress rate toward the full-year plan of 25 billion yen is 114.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net loss for the January to March period (4Q) is expected to further decrease loss of 3.58 billion yen (compared to a loss of 202 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net income/loss turned to a profit of 35.1 billion yen (compared to a loss of 33.4 billion yen in the same period last year). The operating profit/loss margin drastically improved from -4.3% in the same period last year to 3.6%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 2,257,045 71,441 94,772 60,310 36.9 41,026.8 Feb 1, 2023 IFRS
Apr - Dec, 2023 1,806,869 -160,634 -159,953 -109,778 -67.1 ー Feb 2, 2024 IFRS
Apr - Dec, 2024 1,904,833 145,434 40,071 28,581 17.5 ー Feb 3, 2025 IFRS
YoY +5.4% － － － －

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 1,260,018 -355,147 -358,996 -235,492 -144.0 3 May 15, 2024 IFRS
Oct - Mar, 2024 Guidance 1,358,605 58,751 ー 31,527 19.3 6 Oct 30, 2024 IFRS
YoY +7.8% － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,895,283 -30,984 231 6,987 4.3 18 May 15, 2023 IFRS
Mar, 2024 2,446,893 -488,826 -462,792 -311,838 -190.7 9 May 15, 2024 IFRS
Mar, 2025 Guidance 2,600,000 180,000 ー 25,000 15.3 9 Oct 30, 2024 IFRS
YoY +6.3% － － － －

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 619,994 -26,955 -56,157 -33,432 -20.4 -4.3 Feb 2, 2024 IFRS
Jan - Mar, 2024 640,024 -328,192 -302,839 -202,060 -123.6 -51.3 May 15, 2024 IFRS
Apr - Jun, 2024 612,144 11,499 37,481 24,383 14.9 1.9 Aug 2, 2024 IFRS
Jul - Sep, 2024 629,251 109,750 -68,020 -30,910 -18.9 17.4 Oct 30, 2024 IFRS
Oct - Dec, 2024 663,438 24,185 70,610 35,108 21.5 3.6 Feb 3, 2025 IFRS
YoY +7.0% － － － －

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