Sumitomo Osaka Cement revises full-year earnings forecast downward

Sumitomo Osaka Cement Co., Ltd. announced corrections to its disclosure regarding the second-quarter earnings forecast and results for the fiscal year ending March 2026, initially released on November 11, 2025. The company found inaccuracies, leading to a revised full-year earnings forecast for the period from April 1, 2025, to March 31, 2026.

The revised forecast for the fiscal year ending March 31, 2026, shows a decrease in key financial metrics compared to the previously announced forecast. Net sales are now projected at JPY 225,200m, down from JPY 235,000m, a decrease of 4.2%. Operating profit is revised to JPY 14,000m from JPY 19,000m, a reduction of 26.3%.

Similarly, ordinary profit is adjusted to JPY 13,600m from JPY 17,600m, a 22.7% decrease, and profit attributable to owners of the parent is now JPY 10,000m from JPY 14,000m, representing a 28.6% decline. Consequently, basic earnings per share are revised to JPY 311.73 from JPY 435.93. The previous period's results (full year of FY ended March 31, 2025) were JPY 219,465m in net sales and JPY 9,008m in profit attributable to owners of the parent, resulting in JPY 270.37 basic earnings per share.