Sumitomo Pharma, Net Income Forecast for the Fiscal Year Revised Upward by 11%, Exceeded Record Profit Forecast
4506 Sumitomo Pharma Co., Ltd. 【IFRS】
Guidance Update ReportSumitomo Pharma Co., Ltd. <4506> [TSE Prime] announced a performance revision after the market closed on March 2nd (15:40). The consolidated net income forecast for the fiscal year ending March 2026 has been revised upward 10.9%, from the previous forecast of 92.0 billion yen to 102 billion yen (compared to 23.6 billion yen in the previous period), increasing the growth rate from 3.9 times to 4.3 times. The company has further increased its previous forecast of record profits for the first time in four years.
Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated net income has been revised upward from an expected loss of 6.86 billion yen to a profit of 3.14 billion yen (compared to a profit of 55.8 billion yen in the same period of the previous year), turning to a profit.
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