Sumitomo Corp. reports strong first-half profit growth, up 20.9%

Sumitomo Corporation reported a 20.9% increase in profit for the period, reaching JPY 331,266 million for the six months ended September 30, 2025, up from JPY 273,918 million in the prior year. Profit attributable to owners of the parent also saw a substantial rise of 18.6% to JPY 301,235 million. Revenues grew marginally by 0.5% to JPY 3,537,187 million, while gross profit increased by JPY 22.8 bn to JPY 706.7 bn. Earnings per share attributable to owners of the parent (basic) improved to JPY 249.11 from JPY 209.33.

The company's financial position strengthened, with total assets increasing by JPY 345.4 bn to JPY 11,976,572 million as of September 30, 2025. Equity attributable to owners of the parent rose by JPY 235.7 bn to JPY 4,884,174 million, contributing to an improved D/E ratio (net) of 0.55. Operating activities generated JPY 262.2 bn in cash flow, a notable increase from JPY 187.7 bn in the previous period.

Sumitomo Corporation has not revised its full-year forecast for profit attributable to owners of the parent, maintaining it at JPY 570,000 million for the year ending March 31, 2026. The company also announced a planned annual dividend of JPY 140 per share, with an interim dividend of JPY 70 per share, and continues its share repurchase program, having bought back JPY 24.1 bn in shares as of September 30, 2025.