Sumitomo Electric Industries, Ltd.
Notice Regarding Revision of Consolidated Earnings Guidance for the Full Fiscal Year Ending March 2026
The consolidated earnings guidance for the full fiscal year ending March 2026 has been revised upward to net sales of 4.9 trillion yen (3.2% increase from previous forecast), operating income of 375 billion yen (10.3% increase), and net income attributable to owners of parent of 320 billion yen (39.1% increase).
Key Figures
- Net Sales: 4,900,000 million yen (3.2% increase from previous forecast)
- Operating Income: 375,000 million yen (10.3% increase from previous forecast)
- Net Income Attributable to Owners of Parent: 320,000 million yen (39.1% increase from previous forecast, including special gain of approximately 70 billion yen)
AI要約
Details of Revision to Consolidated Earnings Guidance
Sumitomo Electric Industries, Ltd. has revised its consolidated earnings guidance for the full fiscal year ending March 2026 to net sales of 4.9 trillion yen, operating income of 375 billion yen, ordinary income of 381 billion yen, and net income attributable to owners of parent of 320 billion yen. Compared to the previous forecast announced on October 31, 2025, these figures represent increases of 3.2%, 10.3%, 10.1%, and 39.1% respectively. The main factors contributing to this revision include steady demand in the information and communication related business and the automotive related business, achievements in cost reduction and sales price improvements, as well as the expected recording of a special gain of approximately 70 billion yen from the transfer of shares in the consolidated subsidiary Sumitomo Electric Wiring Systems, Ltd.
Future Dividend Policy and Use of Funds
The year-end dividend forecast per share is to remain unchanged and will be reconsidered at the end of the fiscal year. Proceeds from the transfer of Sumitomo Electric Wiring Systems shares are planned to be allocated for acquiring shares to make Sumitomo Riko Company Limited a wholly owned subsidiary, and dividends will be paid based on profits earned from regular business operations. Future earnings guidance is based on information currently available and may fluctuate due to changes in the business environment.
