SUMINOE Co., Ltd. (TSE:3501) revised its full-year 2026 earnings and dividend forecast, projecting a net profit decline of 73.3% to JPY 400M.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 105.0bn | JPY 106.0bn | +1.0% |
| Operating Profit | JPY 3.10bn | JPY 2.20bn | -29.0% |
| Ordinary Income | JPY 3.35bn | JPY 2.50bn | -25.4% |
| Net Profit | JPY 1.50bn | JPY 400M | -73.3% |
| EPS | 113.12 | 30.17 | — |
The revision follows challenges, including reduced production efficiency at its North America operations due to shifts in automotive manufacturer production plans and capacity strain caused by increased orders. Additionally, sharp rises in raw material costs, exacerbated by Middle East tensions, have limited the company’s ability to pass on price increases. Higher-than-expected corporate tax expenses also contributed to the downward adjustment.
The downward earnings revision signals weaker-than-expected performance across key metrics, with operating profit and ordinary income falling by 29.0% and 25.4%, respectively. The company noted that production inefficiencies and rising input costs are the primary drivers of the decline. Dividend adjustments reflect a commitment to maintaining stable payouts, though the revised forecast indicates a significant reduction in profitability.
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.