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Sumitomo Realty & Development, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 8%, Oct-Dec Ordinary Profit Increases by 15%
8830 Sumitomo Realty & Development Co.,Ltd. 【J-GAAP】
Earnings ReportSumitomo Realty & Development Co.,Ltd. <8830> [TSE Prime] announced its financial results after the market closed on February 6th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 7.8% from the same period last year, reaching 235 billion yen. Progress toward the full-year plan of 285 billion yen was 82.8%, almost the same as the five-year average of 82.9%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to nearly flat at 49.1 billion yen, down 0.9% from the same period last year.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 15.0% from the same period last year, reaching 71.9 billion yen. The operating profit margin rose from 24.6% in the same period last year to 28.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 726,458 | 203,998 | 207,377 | 145,592 | 153.6 | 81.9 | Feb 9, 2024 | J-GAAP |
| Apr - Dec, 2024 | 782,864 | 215,802 | 218,743 | 146,699 | 154.8 | 81.5 | Feb 6, 2025 | J-GAAP |
| Apr - Dec, 2025 | 779,139 | 238,379 | 235,886 | 174,875 | 187.7 | 82.8 | Feb 6, 2026 | J-GAAP |
| YoY | -0.5% | +10.5% | +7.8% | +19.2% | +21.3% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 474,665 | 115,579 | 112,155 | 82,221 | 86.9 | 17.50 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 517,757 | 127,521 | 121,094 | 91,660 | 98.8 | 22 | Nov 11, 2025 | J-GAAP |
| YoY | +9.1% | +10.3% | +8.0% | +11.5% | +13.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 967,692 | 254,666 | 253,111 | 177,171 | 186.9 | 30 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 1,014,239 | 271,516 | 268,323 | 191,681 | 202.6 | 35 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 1,050,000 | 295,000 | 285,000 | 210,000 | 226.3 | 43 | Nov 11, 2025 | J-GAAP |
| YoY | +3.5% | +8.6% | +6.2% | +9.6% | +11.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 243,290 | 59,865 | 62,575 | 37,239 | 39.3 | 24.6 | Feb 6, 2025 | J-GAAP |
| Jan - Mar, 2025 | 231,375 | 55,714 | 49,580 | 44,982 | 47.5 | 24.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 293,304 | 101,792 | 105,244 | 73,776 | 79.0 | 34.7 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 238,939 | 65,687 | 58,662 | 44,564 | 47.8 | 27.5 | Nov 11, 2025 | J-GAAP |
| Oct - Dec, 2025 | 246,896 | 70,900 | 71,980 | 56,535 | 60.7 | 28.7 | Feb 6, 2026 | J-GAAP |
| YoY | +1.5% | +18.4% | +15.0% | +51.8% | +54.4% |
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