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Revision of earnings forecasts5110Sumitomo Rubber Industries,Ltd.Automobiles and transportation equipment

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [IFRS] (Consolidated)

The full-year revenue forecast for FY2026 has been raised by ¥10 billion, while the forecasts for business profit and operating profit have been lowered by ¥16 billion and ¥11 billion, respectively. The forecast for profit for the year attributable to owners of the parent remains unchanged at ¥55 billion.

Worth reading
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-11000
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full year
Net Sales1,320,000→1,330,000million
+0.8%
Operating profit100,000→89,000million
-11.0%
Profit attributable to owners of the parent55,000→55,000million
0.0%
Net income per share—→209.25yen and sen
—

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

Although improved selling prices resulting from price increases, the effects of controlling expenses and fixed costs, and the weaker yen are expected to contribute to higher profit, the outlook is below the previous forecast because these factors are not expected to offset the profit-reducing factors of lower sales volume, higher raw material prices, and increases in direct costs.

Details and amount of extraordinary loss

Impairment loss: ¥61 million. The impact of significant litigation on the financial position and operating results has not been reflected in the financial statements because it is difficult to reasonably estimate the amount of that impact.

Previous-period resultsRevenue: ¥1,207,061 million; business profit: ¥90,786 million; operating profit: ¥82,584 million; profit for the year attributable to owners of the parent: ¥50,379 million
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥1,320,000 million → ¥1,330,000 million(0.8%)
Operating profit¥100,000 million → ¥89,000 million(△11.0%)
Profit attributable to owners of the parent¥55,000 million → ¥55,000 million
Net income per shareNot disclosed → 209.25 yen and sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Previous-period resultsRevenue: ¥1,207,061 million; business profit: ¥90,786 million; operating profit: ¥82,584 million; profit for the year attributable to owners of the parent: ¥50,379 million
Reason for the revisionAlthough improved selling prices resulting from price increases, the effects of controlling expenses and fixed costs, and the weaker yen are expected to contribute to higher profit, the outlook is below the previous forecast because these factors are not expected to offset the profit-reducing factors of lower sales volume, higher raw material prices, and increases in direct costs.
Details and amount of extraordinary lossImpairment loss: ¥61 million. The impact of significant litigation on the financial position and operating results has not been reflected in the financial statements because it is difficult to reasonably estimate the amount of that impact.
Dividend forecast revisionNo revision
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomePublication date of previous forecast

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.

Although higher selling prices resulting from price increases, the effects of controlling expenses and fixed costs, and the weaker yen are expected to contribute to higher profit, the outlook is below the previous forecast because these factors are not expected to offset the decline in sales volume, higher raw material prices, and increases in direct costs.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [IFRS] (Consolidated) | Sumitomo Rubber Industries,Ltd. (5110) timely disclosure | Komori