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Sumitomo Rubber, First Half Net Income Decreases by 63%, Apr-Jun Net Income Decreases by 22%

Thu Aug 7, 2025 1:00 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) in the afternoon session on August 7th (13:00). The consolidated net income for the cumulative second quarter of the fiscal year ending December 2025 (January to June) significantly dropped 62.9% from the same period last year to 14.3 billion yen. Progress toward the full-year plan of 45.0 billion yen was 31.9%.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income/loss for the July to December period (second half) is expected to turn into a profit of 30.6 billion yen (compared to a loss of 28.8 billion yen in the same period last year).

In the most recent three-month period, from April to June (2Q), the consolidated net income decreased to 10.8 billion yen, a 22.1% decrease compared to the same period last year. The operating profit margin worsened from 7.2% in the same period last year to 5.2%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 561,161 16,810 18,918 8,196 31.2 30.2 Aug 7, 2023 IFRS
Jan - Jun, 2024 587,041 41,951 53,589 38,729 147.3 329.8 Aug 7, 2024 IFRS
Jan - Jun, 2025 572,192 27,034 20,075 14,374 54.7 ー Aug 7, 2025 IFRS
YoY -2.5% -35.6% -62.5% -62.9% -62.9%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance 590,000 28,000 ー 13,000 49.5 35 May 15, 2025 IFRS
Jan - Jun, 2025 Results 572,192 27,034 20,075 14,374 54.7 35 Aug 7, 2025 IFRS
Revision Rate -3.0% -3.5% － +10.6% +10.5%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 1,220,000 84,000 ー 45,000 171.2 70 May 15, 2025 IFRS
Dec, 2025 New 1,215,000 84,000 ー 45,000 171.2 70 Aug 7, 2025 IFRS
Revision Rate -0.4% 0.0% － 0.0% 0.0%

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 624,815 -30,765 -37,338 -28,864 -109.8 29 Feb 13, 2025 IFRS
Jul - Dec, 2025 Guidance 642,808 56,966 ー 30,626 116.5 35 Aug 7, 2025 IFRS
YoY +2.9% － － － －

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 1,215,000 84,000 ー 45,000 171.2 70 Aug 7, 2025 IFRS
YoY +0.3% +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
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
Apr - Jun, 2025 284,412 14,716 16,116 10,813 41.1 5.2 Aug 7, 2025 IFRS
YoY -3.8% -30.8% -41.9% -22.1% -22.1%

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