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Sumitomo Realty unveils ambitious growth plan, boosts FY2024 forecast

March 28, 2025 at 12:00 PM UTCBy FilingReader AI

Sumitomo Realty & Development (TSE: 8830) today announced the formulation of its 10th Medium-term Management Plan, commencing in the fiscal year ending March 2026, building on the anticipated success of its current 9th Medium-term plan. The company expects to surpass ¥400 billion in ordinary profit within 10 years, accelerating to ¥300 billion by fiscal year 2026, a year ahead of schedule.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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