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Sumitomo Riko, Net Income Forecast for First Half Revised Upward to an Unexpected 4% Increase, Full Year also Increased, Dividend Revised Upward by 3 Yen
5191 Sumitomo Riko Company Limited 【IFRS】
Earnings ReportSumitomo Riko Company Limited <5191> [TSE Prime] announced its financial results (based on IFRS) at noon (12:00) on July 30th. The consolidated net income for the first quarter of the fiscal year ending March 2026 (April to June) was 5.76 billion yen, a 2.7% decrease compared to the same period last year.
However, the April to September period (first half) consolidated net income has been revised upward 2.6 times, from the previous forecast of 4.00 billion yen to 10.4 billion yen (compared to 10.0 billion yen in the same period of the previous year), turning to a 3.7% increase in the consolidated net income outlook.
Following the strong performance in the first half, the full-year forecast for consolidated net income has been revised upward 5.1%, from the previous forecast of 19.5 billion yen to 20.5 billion yen (compared to 27.4 billion yen in the previous period), and the declining rate is expected to decrease from 28.9% to 25.2%.
At the same time, the dividend for the first half of this fiscal year has been significantly increased from the original plan of 11 yen to 30 yen, and the dividend for the second half has been revised the original plan of 46 yen to 30 yen. The annual dividend has been revised upwards from the original plan of 57 yen to 60 yen (compared to 66 yen in the previous period).
In the most recent three-month period, from April to June (1Q), the operating profit margin improved from 5.7% in the same period last year to 6.2%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 145,637 | 6,586 | 5,757 | 3,266 | 31.5 | 54.3 | Aug 1, 2023 | IFRS |
| Apr - Jun, 2024 | 157,615 | 8,998 | 8,563 | 5,924 | 57.1 | 54.5 | Jul 31, 2024 | IFRS |
| Apr - Jun, 2025 | 154,783 | 9,633 | 9,129 | 5,763 | 55.5 | 56.0 | Jul 30, 2025 | IFRS |
| YoY | -1.8% | +7.1% | +6.6% | -2.7% | -2.7% |
Guidance Update
First Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Prev | 300,000 | 10,900 | 9,300 | 4,000 | 38.5 | 11 | May 9, 2025 | IFRS |
| Apr - Sep, 2025 New | 305,000 | 17,900 | 16,300 | 10,400 | 100.2 | 30 | Jul 30, 2025 | IFRS |
| Revision Rate | +1.7% | +64.2% | +75.3% | +160.0% | +160.0% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 620,000 | 37,400 | 34,000 | 19,500 | 187.8 | 57 | May 9, 2025 | IFRS |
| Mar, 2026 New | 615,000 | 38,400 | 35,000 | 20,500 | 197.5 | 60 | Jul 30, 2025 | IFRS |
| Revision Rate | -0.8% | +2.7% | +2.9% | +5.1% | +5.1% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 309,169 | 17,378 | 15,720 | 10,030 | 96.6 | 24 | Oct 31, 2024 | IFRS |
| Apr - Sep, 2025 Guidance | 305,000 | 17,900 | 16,300 | 10,400 | 100.2 | 30 | Jul 30, 2025 | IFRS |
| YoY | -1.3% | +3.0% | +3.7% | +3.7% | +3.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 615,449 | 33,977 | 30,805 | 18,641 | 179.5 | 36 | May 9, 2024 | IFRS |
| Mar, 2025 | 633,331 | 41,573 | 38,633 | 27,419 | 264.1 | 66 | May 9, 2025 | IFRS |
| Mar, 2026 Guidance | 615,000 | 38,400 | 35,000 | 20,500 | 197.5 | 60 | Jul 30, 2025 | IFRS |
| YoY | -2.9% | -7.6% | -9.4% | -25.2% | -25.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 157,615 | 8,998 | 8,563 | 5,924 | 57.1 | 5.7 | Jul 31, 2024 | IFRS |
| Jul - Sep, 2024 | 151,554 | 8,380 | 7,157 | 4,106 | 39.6 | 5.5 | Oct 31, 2024 | IFRS |
| Oct - Dec, 2024 | 162,102 | 15,741 | 15,194 | 12,158 | 117.1 | 9.7 | Jan 29, 2025 | IFRS |
| Jan - Mar, 2025 | 162,060 | 8,454 | 7,719 | 5,231 | 50.4 | 5.2 | May 9, 2025 | IFRS |
| Apr - Jun, 2025 | 154,783 | 9,633 | 9,129 | 5,763 | 55.5 | 6.2 | Jul 30, 2025 | IFRS |
| YoY | -1.8% | +7.1% | +6.6% | -2.7% | -2.7% |
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