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SUMITOMO HEAVY INDUSTRIES, Ordinary Profit Forecast for the Fiscal Year Revised Downward to an Unexpected 11% Decrease

Tue Aug 5, 2025 2:00 pm JST Earnings

6302 SUMITOMO HEAVY INDUSTRIES,LTD. 【J-GAAP】

Earnings Report

SUMITOMO HEAVY INDUSTRIES,LTD. <6302> [TSE Prime] announced its financial results in the afternoon session on August 5th (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) dropped 40.2% from the same period last year to 20.2 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has decreased 17.0%, from the previous forecast of 53.0 billion yen to 44.0 billion yen (compared to 49.1 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 10.5% decrease in profit.

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 July to December period (second half) is expected to expand 55.1% from the same period last year, reaching 23.7 billion yen.

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit dropped to 10.1 billion yen, a 32.5% decrease compared to the same period last year. The operating profit margin worsened from 5.6% in the same period last year to 4.1%.

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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 510,059 30,655 32,889 22,476 183.5 46.8 Aug 7, 2023 J-GAAP
Jan - Jun, 2024 520,353 33,330 33,858 23,509 193.3 68.8 Aug 7, 2024 J-GAAP
Jan - Jun, 2025 494,627 21,655 20,237 12,400 103.2 46.0 Aug 5, 2025 J-GAAP
YoY -4.9% -35.0% -40.2% -47.3% -46.6%

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 60 Feb 14, 2025 J-GAAP
Jan - Jun, 2025 Results 494,627 21,655 20,237 12,400 103.2 60 Aug 5, 2025 J-GAAP
Revision Rate

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 1,090,000 60,000 53,000 28,000 233.0 125 Feb 14, 2025 J-GAAP
Dec, 2025 New 1,050,000 50,000 44,000 25,000 208.0 125 Aug 5, 2025 J-GAAP
Revision Rate -3.7% -16.7% -17.0% -10.7% -10.7%

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 550,773 21,773 15,326 -15,788 -130.6 65 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 555,373 28,345 23,763 12,600 104.8 65 Aug 5, 2025 J-GAAP
YoY +0.8% +30.2% +55.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 1,081,533 74,367 70,250 32,742 267.3 120 Feb 14, 2024 J-GAAP
Dec, 2024 1,071,126 55,103 49,184 7,721 63.9 125 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 1,050,000 50,000 44,000 25,000 208.0 125 Aug 5, 2025 J-GAAP
YoY -2.0% -9.3% -10.5% +223.8% +225.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 265,542 14,896 15,092 9,910 81.5 5.6 Aug 7, 2024 J-GAAP
Jul - Sep, 2024 251,719 7,720 1,431 788 6.5 3.1 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 299,054 14,053 13,895 -16,576 -137.1 4.7 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 241,536 11,182 10,050 6,495 54.0 4.6 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 253,091 10,473 10,187 5,905 49.1 4.1 Aug 5, 2025 J-GAAP
YoY -4.7% -29.7% -32.5% -40.4% -39.7%

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