Sumitomo Realty & Development (8830) Q3 2025 earnings summary

Executive summary

• Revenue from operations rose 7.8% year-over-year to ¥782.9 billion for the nine months ended December 31, 2024.

• Operating income increased 5.8% year-over-year to ¥215.8 billion, and profit attributable to owners of parent was ¥146.7 billion, up 0.8%.

• Comprehensive income declined 28.7% year-over-year to ¥149.5 billion, mainly due to lower unrealized gains on securities.

Financial highlights

• Gross profit for the period was ¥273.5 billion, up from ¥258.9 billion year-over-year.

• Earnings per share for the nine months was ¥309.60, compared to ¥307.20 in the prior year.

• Shareholders' equity ratio improved to 32.5% from 30.7% at the end of the previous fiscal year.

• Total assets stood at ¥6,659.4 billion as of December 31, 2024.

Outlook and guidance

• Full-year revenue forecast remains at ¥1,000 billion, with operating income projected at ¥267 billion and profit attributable to owners of parent at ¥190 billion.

• Dividend forecast for fiscal 2024 is ¥70 per share, up from ¥60 in the previous year.