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Sumitomo Rubber, Jan-Mar (1Q) Net Income Decreases by 86%

Thu May 15, 2025 4:30 pm JST Earnings

5110 Sumitomo Rubber Industries, Ltd. 【IFRS】

Earnings Report

Sumitomo Rubber Industries, Ltd. <5110> [TSE Prime] announced its financial results (based on IFRS) after the market closed on May 15th (16:30). The consolidated net income for the first quarter of the fiscal year ending December 2025 (January to March) significantly dropped 85.7% from the same period last year to 3.56 billion yen. The progress rate toward the plan for the six months ending June (1H) of 13 billion yen was 27.4%, also falling below the five-year average of 58.4%.

In the most recent three-month period, from January to March (1Q), the operating profit margin worsened from 7.1% in the same period last year to 4.3%.

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Actual Results

Accumulated Results 1st Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Mar, 2023 276,761 7,767 8,899 4,006 15.2 47.0 May 15, 2023 IFRS
Jan - Mar, 2024 291,360 20,696 25,862 24,841 94.5 48.3 May 13, 2024 IFRS
Jan - Mar, 2025 287,780 12,318 3,959 3,561 13.5 ー May 15, 2025 IFRS
YoY -1.2% -40.5% -84.7% -85.7% -85.7%

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Prev 600,000 25,000 ー 13,000 49.5 35 Feb 13, 2025 IFRS
Jan - Jun, 2025 New 590,000 28,000 ー 13,000 49.5 35 May 15, 2025 IFRS
Revision Rate -1.7% +12.0% － 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 1,250,000 84,000 ー 45,000 171.2 70 Feb 13, 2025 IFRS
Dec, 2025 New 1,220,000 84,000 ー 45,000 171.2 70 May 15, 2025 IFRS
Revision Rate -2.4% 0.0% － 0.0% 0.0%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 587,041 41,951 53,589 38,729 147.3 29 Aug 7, 2024 IFRS
Jan - Jun, 2025 Guidance 590,000 28,000 ー 13,000 49.5 35 May 15, 2025 IFRS
YoY +0.5% -33.3% － -66.4% -66.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 1,177,399 64,490 62,745 37,048 140.9 58 Feb 14, 2024 IFRS
Dec, 2024 1,211,856 11,186 16,251 9,865 37.5 58 Feb 13, 2025 IFRS
Dec, 2025 Guidance 1,220,000 84,000 ー 45,000 171.2 70 May 15, 2025 IFRS
YoY +0.7% +650.9% － +356.2% +356.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 291,360 20,696 25,862 24,841 94.5 7.1 May 13, 2024 IFRS
Apr - Jun, 2024 295,681 21,255 27,727 13,888 52.8 7.2 Aug 7, 2024 IFRS
Jul - Sep, 2024 287,901 -30,466 -45,911 -34,679 -131.9 -10.6 Nov 8, 2024 IFRS
Oct - Dec, 2024 336,914 -299 8,573 5,815 22.1 -0.1 Feb 13, 2025 IFRS
Jan - Mar, 2025 287,780 12,318 3,959 3,561 13.5 4.3 May 15, 2025 IFRS
YoY -1.2% -40.5% -84.7% -85.7% -85.7%

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