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Sumitomo Realty & Development, The Current Fiscal Year Ordinary Profit Revised Upward by 1%, Raises Record High Profit Forecast

Fri Mar 28, 2025 3:30 pm JST Revision

8830 Sumitomo Realty & Development Co.,Ltd. 【J-GAAP】

Guidance Update Report

Sumitomo Realty & Development Co.,Ltd. <8830> [TSE Prime] announced a performance revision after the market closed on March 28th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 0.8%, from the previous forecast of 265 billion yen to 267 billion yen (compared to 253 billion yen in the previous period), increasing the growth rate from 4.7% to 5.5%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit is expected to increase 1.8%, from the previous forecast of 108 billion yen to 110 billion yen (compared to 103 billion yen in the same period of the previous year), increasing the growth rate from 5.1% to 7.1%.

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Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 Prev 460,426 111,063 108,832 80,540 171.1 35 Nov 8, 2024 J-GAAP
Oct - Mar, 2024 New 470,426 114,063 110,832 81,540 172.1 35 Mar 28, 2025 J-GAAP
Revision Rate +2.2% +2.7% +1.8% +1.2% +0.5%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 1,000,000 267,000 265,000 190,000 403.7 70 May 9, 2024 J-GAAP
Mar, 2025 New 1,010,000 270,000 267,000 191,000 403.0 70 Mar 28, 2025 J-GAAP
Revision Rate +1.0% +1.1% +0.8% +0.5% -0.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 462,449 104,891 103,523 71,247 150.3 31 May 9, 2024 J-GAAP
Oct - Mar, 2024 Guidance 470,426 114,063 110,832 81,540 172.1 35 Mar 28, 2025 J-GAAP
YoY +1.7% +8.7% +7.1% +14.4% +14.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 939,904 241,274 236,651 161,925 341.7 52 May 11, 2023 J-GAAP
Mar, 2024 967,692 254,666 253,111 177,171 373.8 60 May 9, 2024 J-GAAP
Mar, 2025 Guidance 1,010,000 270,000 267,000 191,000 403.0 70 Mar 28, 2025 J-GAAP
YoY +4.4% +6.0% +5.5% +7.8% +7.8%

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