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Revision of earnings forecasts8830Sumitomo Realty & Development Co.,Ltd.Real Estate

Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis

For the fiscal year ending March 2026, operating revenue decreased 18.04% year on year, while ordinary income and net income decreased by approximately 10.6%. Operating income, however, increased 2.70%. The primary reason was the spin-off of the completed construction business into a subsidiary.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-18.04
% (change in operating revenue)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full year
Net Sales—→—million
—
Operating profit—→—million
—
Ordinary income—→—million
—
Profit attributable to owners of the parent—→—million
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Primarily attributable to the spin-off of the completed construction business through a company split, with the business transferred to 住友不動産ハウジング株式会社 effective 1 April 2025. This was part of an organizational restructuring within the Group, and the impact on consolidated results is extremely minor.

Previous-period resultsActual results for the fiscal year ended March 2025: operating revenue of ¥863,139 million, operating income of ¥230,236 million, ordinary income of ¥257,288 million, and net income of ¥195,566 million
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Net Sales-155,683
Operating profit6,220
Ordinary income-27,392
Profit attributable to owners of the parent-20,797
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Previous-period resultsActual results for the fiscal year ended March 2025: operating revenue of ¥863,139 million, operating income of ¥230,236 million, ordinary income of ¥257,288 million, and net income of ¥195,566 million
Reason for the revisionPrimarily attributable to the spin-off of the completed construction business through a company split, with the business transferred to 住友不動産ハウジング株式会社 effective 1 April 2025. This was part of an organizational restructuring within the Group, and the impact on consolidated results is extremely minor.
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (4)
Net income per sharePublication date of previous forecastDetails and amount of extraordinary lossDividend forecast revision

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.

The primary reason was the spin-off of the completed construction business through a company split, with the business transferred to 住友不動産ハウジング株式会社 effective 1 April 2025. This was part of an organizational restructuring within the Group, and the impact on consolidated results is considered extremely minor.

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Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis | Sumitomo Realty & Development Co.,Ltd. (8830) timely disclosure | Komori