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Sumitomo Osaka Cement, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 23%
5232 Sumitomo Osaka Cement Co.,Ltd. 【J-GAAP】
Earnings ReportSumitomo Osaka Cement Co.,Ltd. <5232> [TSE Prime] announced its financial results in the afternoon session on November 11th (14:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 4.23 billion yen, an increase 99.3% compared to the same period last year.
However, the full-year forecast for consolidated ordinary profit has decreased 22.7%, from the previous forecast of 17.6 billion yen to 13.6 billion yen (compared to 8.47 billion yen in the previous period), leading to a reduction in the profit growth rate from 2.1 times to 60.5%.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 29.3% from the same period last year, reaching 9.36 billion yen.
In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit surged 16 times that of the same period last year, reaching 2.31 billion yen. The operating profit margin improved from 1.8% in the same period last year to 4.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 | 109,786 | 1,838 | 2,676 | 5,878 | 171.6 | 31.6 | Nov 9, 2023 | J-GAAP |
| Apr - Sep, 2024 | 108,613 | 2,280 | 2,124 | 943 | 28.1 | 22.7 | Nov 12, 2024 | J-GAAP |
| Apr - Sep, 2025 | 105,772 | 4,119 | 4,233 | 5,590 | 172.5 | 31.1 | Nov 11, 2025 | J-GAAP |
| YoY | -2.6% | +80.7% | +99.3% | +492.8% | +514.7% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 Guidance | 111,400 | 4,800 | 4,000 | 5,000 | 157.8 | 60 | May 13, 2025 | J-GAAP |
| Apr - Sep, 2025 Results | 105,772 | 4,119 | 4,233 | 5,590 | 172.5 | 60 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -5.1% | -14.2% | +5.8% | +11.8% | +9.3% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 235,000 | 19,000 | 17,600 | 14,000 | 441.9 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 New | 225,200 | 14,000 | 13,600 | 10,000 | 315.6 | 120 | Nov 11, 2025 | J-GAAP |
| Revision Rate | -4.2% | -26.3% | -22.7% | -28.6% | -28.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 110,852 | 7,071 | 7,243 | 8,065 | 242.1 | 60 | May 13, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 119,428 | 9,881 | 9,367 | 4,410 | 139.2 | 60 | Nov 11, 2025 | J-GAAP |
| YoY | +7.7% | +39.7% | +29.3% | -45.3% | -42.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 222,502 | 7,251 | 8,476 | 15,339 | 447.9 | 120 | May 14, 2024 | J-GAAP |
| Mar, 2025 | 219,465 | 9,351 | 9,367 | 9,008 | 270.4 | 120 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 225,200 | 14,000 | 13,600 | 10,000 | 315.6 | 120 | Nov 11, 2025 | J-GAAP |
| YoY | +2.6% | +49.7% | +45.2% | +11.0% | +16.7% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 55,388 | 1,017 | 142 | 257 | 7.7 | 1.8 | Nov 12, 2024 | J-GAAP |
| Oct - Dec, 2024 | 57,554 | 4,334 | 4,724 | 5,732 | 171.5 | 7.5 | Feb 13, 2025 | J-GAAP |
| Jan - Mar, 2025 | 53,298 | 2,737 | 2,519 | 2,333 | 70.0 | 5.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 51,536 | 1,740 | 1,920 | 1,480 | 45.1 | 3.4 | Aug 5, 2025 | J-GAAP |
| Jul - Sep, 2025 | 54,236 | 2,379 | 2,313 | 4,110 | 126.8 | 4.4 | Nov 11, 2025 | J-GAAP |
| YoY | -2.1% | +133.9% | +1,528.9% | +1,499.2% | +1,557.6% |
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