Lower interest expense under low interest rates contributed to higher ordinary profit
First written in FY2017-Q3. 14 of 29 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-11-10.
Sumitomo Realty & Development moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 4 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Non-operating income (loss) deteriorated by ¥6.7 billion from the previous fiscal year due in part to higher interest expense」
The previous boost to ordinary profit from lower interest expense amid low interest rates changed to deterioration in non-operating income (loss) due to higher interest expense. - FY2026-H1WorsenedAnnual report
「Non-operating income (loss) deteriorated by ¥3.8 billion year on year due to a decrease in dividend income from the sale of shares held and an increase in interest expense」
Due to a decrease in dividend income from the sale of shares held and an increase in interest expense, non-operating income (loss) deteriorated by ¥3.8 billion year on year. Its role has changed from contributing to improvement through lower interest expense to being a factor behind deterioration. - FY2025Non-operating income (loss) deteriorated due to higher interest expenseAnnual report
「Non-operating income (loss) was negative ¥3.1 billion due to an increase in interest expense, down ¥1.6 billion from the previous fiscal year,」
The previous trend of improving non-operating income (loss) through lower interest expense changed, with non-operating income (loss) deteriorating by ¥1.6 billion in the current fiscal year due to higher interest expense. - FY2024-Q3AdvancedAnnual report
「Due to an increase in dividend income, non-operating income (loss) was ¥3.3 billion, up ¥3.6 billion year on year, while extraordinary income (loss) was ¥0.4 billion, up ¥1.8 billion.」
Non-operating income (loss) improved by ¥3.6 billion year on year due to an increase in dividend income, contributing to higher ordinary profit. - FY2024-Q2AdvancedAnnual report
「Due to an increase in dividend income, non-operating income (loss) was negative ¥0.1 billion, up ¥1.3 billion year on year, while extraordinary income (loss) was ¥1.4 billion, up ¥2.2 billion.」
Non-operating income (loss) improved by ¥1.3 billion year on year due to an increase in dividend income, and this pattern of contributing to higher ordinary profit continues. - FY2024-Q1RestatedAnnual report
「Due to an increase in dividend income, non-operating income (loss) was ¥3.9 billion, up ¥1.2 billion year on year, while extraordinary income (loss) was negative ¥0.1 billion, up ¥0.3 billion.」
Non-operating income (loss) improved by ¥1.2 billion year on year due to an increase in dividend income, and this pattern of contributing to higher ordinary profit continues. - FY2023AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved to negative ¥4.6 billion, up ¥4.1 billion year on year.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥4.1 billion from the previous year, contributing to higher ordinary profit. - FY2023-Q3AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved to negative ¥0.3 billion, up ¥3.1 billion year on year, while extraordinary income (loss) improved to negative ¥1.3 billion, up ¥4.6 billion.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥3.1 billion year on year. Its contribution to the improvement expanded from ¥2.0 billion in the second quarter. - FY2023-Q2AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved to negative ¥1.5 billion, up ¥2.0 billion year on year, while extraordinary income (loss) was negative ¥0.8 billion, up ¥0.3 billion.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥2.0 billion year on year, contributing to higher ordinary profit. - FY2023-Q1AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) was ¥2.6 billion, up ¥1.4 billion year on year, while extraordinary income (loss) was negative ¥0.4 billion, up ¥0.2 billion.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥1.4 billion year on year to ¥2.6 billion, contributing to higher ordinary profit. - FY2022-Q3AdvancedAnnual report
「Non-operating income (loss) was negative ¥3.4 billion, up ¥1.0 billion year on year.」
Non-operating income (loss) for the cumulative third quarter improved by ¥1.0 billion year on year, confirming an improvement that contributed to higher ordinary profit. - FY2022-Q1SoftenedAnnual report
「Non-operating income (loss) was ¥1.1 billion, down ¥0.1 billion year on year, essentially unchanged from the previous year.」
Regarding the improvement in non-operating income (loss) from higher dividend income and lower interest expense, as described through the previous fiscal year, the figure decreased by ¥0.1 billion year on year in the current quarter and was essentially unchanged from the previous year. - FY2021-Q3AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) was negative ¥4.5 billion, an improvement of ¥3.9 billion from the previous year.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥3.9 billion year on year, contributing to higher net profit. - FY2021-Q2AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) was negative ¥3.3 billion, an improvement of ¥2.4 billion from the previous year.」
Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥2.4 billion year on year, helping limit the decline in ordinary profit. - FY2021-Q1RestatedAnnual report
「Higher dividend income and lower interest expense turned non-operating income and expenses positive, contributing to higher ordinary profit.」
It reiterated that continued improvement in non-operating income (loss), due to an increase in dividend income and a decrease in interest expense, contributed to higher ordinary profit. - FY2020AdvancedAnnual report
「Due to an increase in dividend income and a decrease in interest expense, non-operating income (loss) improved by ¥2.3 billion year on year, contributing to higher ordinary profit.」
Non-operating income (loss) continued to improve due to an increase in dividend income and a decrease in interest expense, and ordinary profit rose 8.5% year on year to ¥220.5 billion. - FY2020-Q2RestatedAnnual report
「Higher dividend income and lower interest expense improved non-operating income and expenses to ¥5.7 billion negative, an improvement of ¥900 million from the previous year.」
The improvement in non-operating income and expenses from higher dividend income and lower interest expense continued, contributing to higher ordinary profit. - FY2020-Q1AdvancedAnnual report
「Higher dividend income and lower interest expense turned non-operating income and expenses positive, contributing to higher ordinary profit.」
Higher dividend income and lower interest expense turned non-operating income and expenses positive, contributing to double-digit growth in ordinary profit. - FY2019-Q3SoftenedAnnual report
「Non-operating income and expenses were ¥9.4 billion negative, roughly unchanged from the previous year, while ordinary profit was ¥165.0 billion, up 5.2% year on year.」
The improvement in non-operating income and expenses from lower interest expense and other factors, which had been reported through the previous fiscal year, was roughly unchanged year on year in the third quarter, with no further contribution from the improvement. - FY2018RestatedAnnual report
「Lower interest expense, among other factors, improved non-operating income and expenses by ¥1.7 billion from the previous fiscal year, contributing to higher ordinary profit.」
The improvement in non-operating income and expenses due to lower interest expense and other factors continued, contributing to higher ordinary profit, according to the company. - FY2018-Q3AdvancedAnnual report
「Lower interest expense and higher dividend income, among other factors, improved non-operating income and expenses by ¥4.3 billion year on year, contributing to higher ordinary profit.」
The improvement in non-operating income and expenses was ¥4.3 billion year on year, due to lower interest expense and higher dividend income, contributing to higher ordinary profit. - FY2018-Q2AdvancedAnnual report
「Lower interest expense and higher dividend income, among other factors, improved non-operating income and expenses by ¥3.1 billion year on year, contributing to higher ordinary profit.」
Lower interest expense and higher dividend income improved non-operating income and expenses by ¥3.1 billion year on year, contributing to higher ordinary profit. - FY2018-Q1AdvancedAnnual report
「Lower interest expense and higher dividend income, among other factors, improved non-operating income and expenses by ¥2.7 billion year on year, contributing to higher ordinary profit.」
Lower interest expense under low interest rates improved non-operating income and expenses by ¥2.7 billion year on year, contributing to higher ordinary profit. - FY2017-Q3First statedAnnual report
「Under low interest rates, interest expense declined and non-operating income and expenses improved by ¥3.0 billion year on year, contributing to higher ordinary profit.」
Under low interest rates, interest expense declined from the year-earlier period, and the ¥3.0 billion improvement in non-operating income and expenses contributed to higher ordinary profit.