Sumida Corporation
Fiscal Year Ending December 2026 Q3 Financial Summary [IFRS] (Consolidated)
For the nine months ended Q3 FY2026, consolidated revenue was 123,604 million yen (14.4% YoY increase), operating profit was 4,109 million yen (-25.1%), and profit attributable to owners of parent was 1,248 million yen (-52.0%), indicating a decline in profitability. The full-year forecast has been revised and announced. Growth drivers include data center and xEV-related businesses, and integration effects from Schmidbauer are expected. Provisions recorded for certain quality issues impacted results. Cash and cash equivalents were 8,051 million yen, net interest-bearing debt was 52,617 million yen, and CCC was 95 days.
Key Figures
- Revenue: 123,604 million yen (YoY 14.4% increase)
- Operating profit: 4,109 million yen (YoY -25.1% decrease)
- Profit attributable to owners of parent (quarter): 1,285 million yen (YoY -52.0% decrease)
AI要約
Summary of Performance
Revenue for the cumulative third quarter exceeded the prior year level, but operating profit declined year-on-year due to one-off cost items such as provisions for automotive-related compensation and the impact of foreign exchange and higher raw material costs. Growth drivers in data center and xEV-related businesses continue, and under the long-term plan "Vision to 2035" three areas are positioned as growth engines. Provisions related to quality issues depressed short-term profitability. The full-year forecast was revised and announced at the Q3 stage.
Outlook and Financial Position
Cash remains stable, and the company aims to improve ROIC and strengthen its financial position. Given a capital structure with a high proportion of foreign currency-denominated assets, funding management is being strengthened through a rolling forecast and setting minimum cash holdings. Following the full acquisition related to Schmidbauer, the company intends to continue securing xEV and data center projects to improve revenue and profitability in the second half and beyond. When revising the full-year forecast, assumptions and risks regarding exchange rates and raw material prices were disclosed.
Sumida Corporation
Company overview · Stock price · Financial data · All IR
