Sumitomo Corp. reports strong first half earnings, hikes interim dividend

Sumitomo Corporation reported a 20.9% increase in profit for the period attributable to owners of the parent, reaching JPY 301,235 million for the six-month period ended September 30, 2025. Revenues grew by 0.5% to JPY 3,537,187 million, driven by improved performance in sectors like Automotive, Diverse Urban Development, and Media & Digital. Basic earnings per share attributable to owners of the parent were JPY 249.11, up from JPY 209.33 in the prior corresponding period.

The company maintains its full-year profit forecast for the fiscal year ending March 31, 2026, at JPY 570,000 million. In line with its progressive dividend policy, Sumitomo Corporation announced an interim dividend of JPY 70.00 per share, an increase from JPY 65.00 in the previous year, contributing to a projected annual dividend of JPY 140.00. The company also continued its share repurchase program, acquiring JPY 24.1 billion of shares between May 2 and September 30, 2025.