Sumitomo Forestry – Shares indicated lower; full-year operating profit forecast revised downward; 9M cumulative operating profit down 19% [DZH Individual Stock Information] (Jiji Press)

The story

Sumitomo Forestry came under selling pressure and was reported to have cut its full-year operating income forecast. The article provides details of the factors behind the cut and the new figures.

Operating income for the 9-month cumulative period reportedly fell 19% year on year.

At a glance

AskSumitomo Forestry came under selling pressure.

Downward revisionCut its full-year operating income forecast

3QOperating income for the 9-month cumulative period fell 19% year on year.

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