Sumitomo Realty & Development (8830) Q4 2026 earnings summary

Executive summary

• Achieved record-high revenue, operating income, ordinary profit, and profit attributable to owners for FY2025, continuing multi-year streaks of record performance.

• Leasing business, especially Tokyo office buildings, was the main driver of profit growth, with Sales and Step segments also reaching record profits.

• Non-operating income declined due to higher interest expenses, but extraordinary income improved from gains on investment securities.

Financial highlights

• Revenue from operations rose 4.3% year-over-year to ¥1,057.8 billion; operating income up 10.2% to ¥299.2 billion.

• Ordinary profit increased 7.8% to ¥289.2 billion; profit attributable to owners up 10.9% to ¥212.5 billion.

• EPS was ¥228.42, up from ¥202.56 year-over-year; operating income margin improved to 28.3%.

• Comprehensive income surged to ¥398.7 billion, up 141.4% year-over-year.

Outlook and guidance

• FY2026 forecasts: revenue from operations ¥1,070 billion, operating income ¥320 billion, ordinary profit ¥300 billion, profit attributable to owners ¥223 billion—all expected to reach new record highs.

• Leasing business expected to continue as main growth driver.