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SUMITOMO, 1% Increase in Net Income, Record High for The First Time in Three Years, Dividend Raised by 10 yen

Thu May 1, 2025 1:00 pm JST Earnings

8053 SUMITOMO CORPORATION 【IFRS】

Earnings Report

SUMITOMO CORPORATION <8053> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on May 1st (13:00). The consolidated net income for the fiscal year ending March 2025 expanded 45.4% from the previous period to 561 billion yen. In the fiscal year ending March 2026, the profit is expected to grow by 1.4% to 570 billion yenExpected to reach record high profits for the first time in three years.

At the same time, the company has decided to increase the dividend this fiscal year to 140 yen, an increase of 10 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated net income/loss turned to a profit of 145 billion yen (compared to a loss of 17.7 billion yen in the same period last year).

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 6,817,872 723,122 565,333 452.6 115 May 9, 2023 IFRS
Mar, 2024 6,910,302 527,646 386,352 315.9 125 May 2, 2024 IFRS
Mar, 2025 7,292,084 695,567 561,859 463.7 130 May 1, 2025 IFRS
YoY +5.5% +31.8% +45.4% +46.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 560,000 462.8 130 Feb 4, 2025 IFRS
Mar, 2025 Results 7,292,084 695,567 561,859 463.7 130 May 1, 2025 IFRS
Revision Rate +0.3% +0.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 3,518,480 329,739 253,963 209.3 65 Oct 31, 2024 IFRS
Apr - Sep, 2025 Guidance 70 May 1, 2025 IFRS
YoY

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 6,910,302 527,646 386,352 315.9 125 May 2, 2024 IFRS
Mar, 2025 7,292,084 695,567 561,859 463.7 130 May 1, 2025 IFRS
Mar, 2026 Guidance 570,000 471.1 140 May 1, 2025 IFRS
YoY +1.4% +1.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 1,846,044 24,940 -17,754 -14.5 0.0 May 2, 2024 IFRS
Apr - Jun, 2024 1,771,729 166,934 126,319 103.9 0.0 Jul 31, 2024 IFRS
Jul - Sep, 2024 1,746,751 162,805 127,644 105.2 0.0 Oct 31, 2024 IFRS
Oct - Dec, 2024 1,801,242 195,256 162,501 134.1 0.0 Feb 4, 2025 IFRS
Jan - Mar, 2025 1,972,362 170,572 145,395 120.0 0.0 May 1, 2025 IFRS
YoY +6.8% +583.9%

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