Sumitomo Corporation ( (SSUMF) ) has released its Q4 earnings. Here is a breakdown of the information Sumitomo Corporation presented to its investors.
Sumitomo Corporation is a diversified global trading and investment company headquartered in Japan, operating across various sectors including metal products, transportation, infrastructure, and chemicals. The company is known for its extensive global network and involvement in a wide range of industries.
Sumitomo Corporation has reported strong financial results for the fiscal year ending March 31, 2025, with significant growth in revenues and profits. The company achieved a revenue of 7,292 billion yen, marking a 5.5% increase from the previous year, and a profit before tax of 695.6 billion yen, up by 31.8%.
Key financial highlights include a 42.9% increase in profit for the year, reaching 608.9 billion yen, and a 45.4% rise in profit attributable to owners of the parent, totaling 561.9 billion yen. The company’s comprehensive income, however, saw a decrease of 47.7%. The growth was driven by strong performances in the digital business, overseas IPP/IWPP business, and a stable automotive sector. Additionally, the company saw increased earnings from its acquisition of Net One Systems by SCSK.
Despite the positive financial performance, Sumitomo Corporation’s management remains cautious about future uncertainties, including global economic conditions and potential impacts from U.S. tariff measures. The company is focusing on steady profit growth in non-mineral resources businesses such as leasing, real estate, digital, healthcare, and agribusiness.
Looking ahead, Sumitomo Corporation plans to increase its annual dividend for FY 2025 by 10 yen per share, reflecting its commitment to shareholder returns. The company is also executing a share repurchase program to further enhance shareholder value.