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Sumitomo Forestry, Jan-Sep (Cumulative 3Q) Ordinary Profit Decreases by 9%
1911 Sumitomo Forestry Co.,Ltd. 【J-GAAP】
Earnings ReportSumitomo Forestry Co.,Ltd. <1911> [TSE Prime] announced its financial results in the afternoon session on October 31st (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 9.2% from the same period last year to 126 billion yen. Progress toward the full-year plan of 170 billion yen was 74.5%, which was higher than the four-year average of 67.5%.
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 October to December period (4Q) is expected to decrease 25.8% from the same period last year to 43.2 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit decreased to 39.2 billion yen, a 15.8% decrease compared to the same period last year. The operating profit margin worsened from 9.4% in the same period last year to 7.0%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 1,232,884 | 97,615 | 99,579 | 63,797 | 105.2 | 62.7 | Oct 31, 2023 | J-GAAP |
| Jan - Sep, 2024 | 1,492,337 | 139,226 | 139,592 | 83,222 | 135.6 | 70.5 | Oct 31, 2024 | J-GAAP |
| Jan - Sep, 2025 | 1,633,880 | 122,336 | 126,721 | 69,064 | 112.7 | 74.5 | Oct 31, 2025 | J-GAAP |
| YoY | +9.5% | -12.1% | -9.2% | -17.0% | -16.9% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 1,072,234 | 103,514 | 104,996 | 62,379 | 101.6 | 26.66 | Feb 13, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 1,245,250 | 81,049 | 82,546 | 47,447 | 77.6 | 25 | Aug 7, 2025 | J-GAAP |
| YoY | +16.1% | -21.7% | -21.4% | -23.9% | -23.6% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 1,733,169 | 146,258 | 158,921 | 102,170 | 168.0 | 41.67 | Feb 14, 2024 | J-GAAP |
| Dec, 2024 | 2,053,650 | 194,588 | 197,955 | 116,528 | 189.8 | 48.33 | Feb 13, 2025 | J-GAAP |
| Dec, 2025 Guidance | 2,320,000 | 164,000 | 170,000 | 96,000 | 157.0 | 50 | Aug 7, 2025 | J-GAAP |
| YoY | +13.0% | -15.7% | -14.1% | -17.6% | -17.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 510,921 | 48,152 | 46,633 | 29,073 | 47.4 | 9.4 | Oct 31, 2024 | J-GAAP |
| Oct - Dec, 2024 | 561,313 | 55,362 | 58,363 | 33,306 | 54.3 | 9.9 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 511,632 | 38,480 | 37,272 | 20,188 | 32.9 | 7.5 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 563,118 | 44,471 | 50,182 | 28,365 | 46.2 | 7.9 | Aug 7, 2025 | J-GAAP |
| Jul - Sep, 2025 | 559,130 | 39,385 | 39,267 | 20,511 | 33.5 | 7.0 | Oct 31, 2025 | J-GAAP |
| YoY | +9.4% | -18.2% | -15.8% | -29.5% | -29.3% |
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