Sumitomo Realty & Development, The Current Fiscal Year Ordinary Profit Revised Upward by 1%, Raises Record High Profit Forecast

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Fri Mar 28, 2025 3:30 pm JST Revision

8830 Sumitomo Realty & Development Co.,Ltd. 【J-GAAP】

Guidance Update Report

Sumitomo Realty & Development Co.,Ltd. <8830> [TSE Prime] announced a performance revision after the market closed on March 28th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 0.8%, from the previous forecast of 265 billion yen to 267 billion yen (compared to 253 billion yen in the previous period), increasing the growth rate from 4.7% to 5.5%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 1.8%, from the previous forecast of 108 billion yen to 110 billion yen (compared to 103 billion yen in the same period of the previous year), increasing the growth rate from 5.1% to 7.1%.

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	460,426	111,063	108,832	80,540	171.1	35	Nov 8, 2024	J-GAAP
Oct - Mar, 2024 New	470,426	114,063	110,832	81,540	172.1	35	Mar 28, 2025	J-GAAP
Revision Rate	+2.2%	+2.7%	+1.8%	+1.2%	+0.5%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	1,000,000	267,000	265,000	190,000	403.7	70	May 9, 2024	J-GAAP
Mar, 2025 New	1,010,000	270,000	267,000	191,000	403.0	70	Mar 28, 2025	J-GAAP
Revision Rate	+1.0%	+1.1%	+0.8%	+0.5%	-0.2%

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	462,449	104,891	103,523	71,247	150.3	31	May 9, 2024	J-GAAP
Oct - Mar, 2024 Guidance	470,426	114,063	110,832	81,540	172.1	35	Mar 28, 2025	J-GAAP
YoY	+1.7%	+8.7%	+7.1%	+14.4%	+14.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	939,904	241,274	236,651	161,925	341.7	52	May 11, 2023	J-GAAP
Mar, 2024	967,692	254,666	253,111	177,171	373.8	60	May 9, 2024	J-GAAP
Mar, 2025 Guidance	1,010,000	270,000	267,000	191,000	403.0	70	Mar 28, 2025	J-GAAP
YoY	+4.4%	+6.0%	+5.5%	+7.8%	+7.8%