The Sumitomo Warehouse Co., Ltd. Revises Earnings Forecast — Net Profit
The Sumitomo Warehouse Co., Ltd. (TSE:9303) has revised its earnings forecast for the period ending March 31, 2026, citing a reassessment of its real estate business strategy.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 197.0bn | JPY 195.0bn | -2.0bn (-1.0%) |
| Operating Profit | JPY 12.0bn | JPY 11.0bn | -1.0bn (-8.3%) |
| Ordinary Income | JPY 16.3bn | JPY 15.3bn | -1.0bn (-6.1%) |
| Net Profit | JPY 17.4bn | JPY 17.0bn | -400m (-2.3%) |
| EPS | JPY 226.83 per share | JPY 222.13 per share | -4.70 (-2.1%) |
The company revised its forecast due to a reassessment of its real estate business, specifically the decision not to proceed with the sale of property assets as initially planned. This adjustment reflects the impact of current real estate market conditions on its revenue and profitability outlook.
The revision highlights the sensitivity of Sumitomo Warehouse’s performance to real estate market dynamics. Investors should monitor the company’s progress in its real estate divestment strategy and broader market conditions affecting property values and demand.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.