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Sumiseki Holdings' March 2026 earnings beat guidance
Sumiseki Holdings Inc <1514> announced after the close that its preliminary consolidated results for the fiscal year ending March 2026 are expected to beat previous guidance. Revenue is projected at 10.6 billion yen (up 3.3% YoY), compared to the prior forecast of 9.7 billion yen. Operating profit is expected to reach 330 million yen (a 6.9-fold increase YoY), up from the previous estimate of 300 million yen. Net profit is anticipated to hit 2.6 billion yen (down 38.0% YoY), exceeding the prior projection of 1.6 billion yen. The company attributed the upward revision primarily to higher-than-expected dividend income from Australia's Wambo Coal. Alongside the revised forecast, Sumiseki Holdings raised its year-end dividend forecast from 15 yen to 20 yen per share.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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