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Revision to earnings forecasts5802Sumitomo Electric Industries,Ltd.Iron & Steel / Nonferrous Metals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

The full-year consolidated earnings forecast for the fiscal year ending March 2027 has been revised upward for all four metrics: net sales, operating income, ordinary income, and net income attributable to owners of the parent. Net sales are expected to be 6.5% higher than the previous forecast, operating income 11.1% higher, ordinary income 12.0% higher, and net income 8.8% higher.

Worth reading
71In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
12
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 31 July 2026
Net Sales5,400,000→5,750,000million
+6.5%
Operating profit450,000→500,000million
+11.1%
Ordinary income460,000→515,000million
+12.0%
Profit attributable to owners of the parent340,000→370,000million
+8.8%
Net income per share108.99→118.6Yen/sen
+8.8%

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

In addition to consolidated results for the interim accounting period exceeding the assumptions used when the previous earnings forecast was prepared, the revision reflects the latest business environment and the outlook for future demand. Increased demand for products for the data center-related market, an improved product mix, thorough productivity improvements, and improved selling prices contributed to the revision.

Details and amount of extraordinary loss

Loss on disposal of fixed assets: ¥1,782 million

Previous-period resultsNet sales ¥5,110,171 million, operating income ¥418,173 million, ordinary income ¥431,274 million, net income attributable to owners of the parent ¥369,508 million, net income per share ¥118.44
Dividend forecast revisionThe dividend forecast has been revised from the latest published forecast. For the fiscal year ending March 2027, the forecast is ¥19.00 for the interim dividend, ¥25.00 for the year-end dividend, and ¥44.00 for the full-year dividend. Whether this represents an increase or decrease is not disclosed.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥5,400,000 million → ¥5,750,000 million(+6.5%)
Operating profit¥450,000 million → ¥500,000 million(+11.1%)
Ordinary income¥460,000 million → ¥515,000 million(+12.0%)
Profit attributable to owners of the parent¥340,000 million → ¥370,000 million(+8.8%)
Net income per share108.99 Yen/sen → 118.6 Yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast31 July 2026
Previous-period resultsNet sales ¥5,110,171 million, operating income ¥418,173 million, ordinary income ¥431,274 million, net income attributable to owners of the parent ¥369,508 million, net income per share ¥118.44
Reason for the revisionIn addition to consolidated results for the interim accounting period exceeding the assumptions used when the previous earnings forecast was prepared, the revision reflects the latest business environment and the outlook for future demand. Increased demand for products for the data center-related market, an improved product mix, thorough productivity improvements, and improved selling prices contributed to the revision.
Details and amount of extraordinary lossLoss on disposal of fixed assets: ¥1,782 million
Dividend forecast revisionThe dividend forecast has been revised from the latest published forecast. For the fiscal year ending March 2027, the forecast is ¥19.00 for the interim dividend, ¥25.00 for the year-end dividend, and ¥44.00 for the full-year dividend. Whether this represents an increase or decrease is not disclosed.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

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

In addition to interim results exceeding the previous forecast, demand remained firm for data center-related products, power cables, automotive wire harnesses, FPCs, and cemented carbide products. The revision also reflects efforts to improve the product mix, productivity, and selling prices, as well as the latest business environment and the outlook for future demand.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Sumitomo Electric Industries,Ltd. (5802) timely disclosure | Komori