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Revisions to earnings forecasts1911Sumitomo Forestry Co.,Ltd.Construction and Materials

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

The full-year consolidated earnings forecasts for the fiscal year ending December 2026 were revised downward, with net sales, operating profit and ordinary profit all reduced. The forecast for profit attributable to owners of the parent, earnings per share and dividends was left unchanged.

Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-170000
Million yen
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 7 August 2026
Net Sales2,950,000→2,780,000Million yen
-5.8%
Operating profit143,000→125,000Million yen
-12.6%
Ordinary income115,000→92,500Million yen
-19.6%
Profit attributable to owners of the parent60,000→60,000Million yen
0.0%
Net income per share97.85→97.85Yen
0.0%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The company factored in the continued wait-and-see approach among homebuyers in the U.S. detached-home business, driven by higher mortgage rates and uncertainty over the economic outlook, as well as a decline in homes sold and lower profitability. It also factored in a decrease in the number of properties sold in its U.S. real estate business.

Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales2,950,000 Million yen → 2,780,000 Million yen(-5.8%)
Operating profit143,000 Million yen → 125,000 Million yen(-12.6%)
Ordinary income115,000 Million yen → 92,500 Million yen(-19.6%)
Profit attributable to owners of the parent60,000 Million yen → 60,000 Million yen
Net income per share97.85 Yen → 97.85 Yen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast7 August 2026
Reason for the revisionThe company factored in the continued wait-and-see approach among homebuyers in the U.S. detached-home business, driven by higher mortgage rates and uncertainty over the economic outlook, as well as a decline in homes sold and lower profitability. It also factored in a decrease in the number of properties sold in its U.S. real estate business.
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Previous-period resultsDetails and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the U.S. detached-home business, homebuyers have continued to take a wait-and-see approach against a backdrop of higher mortgage rates and uncertainty over the economic outlook. In addition to forecasting a decline in homes sold and lower profitability, the company factored in a decrease in the number of properties sold in its U.S. real estate business.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Sumitomo Forestry Co.,Ltd. (1911) timely disclosure | Komori