- Sumitomo Realty reported a first-quarter operating income of 101.79 billion yen, a 3.7% increase year-over-year, exceeding estimates of 85.84 billion yen.
- The company’s net income for the quarter was 73.78 billion yen, slightly down by 1% from the previous year, but still surpassing the forecasted 65.92 billion yen.
- Net sales were 293.30 billion yen, experiencing a 7.1% decline year-over-year, yet meeting the analysts’ projection of 287.68 billion yen.
- Leasing operations reported a significant operating income of 52.92 billion yen, marking a 15% increase from the previous year.
- The sales segment saw a dip in operating income to 50.65 billion yen, a decline of 7.3% from the previous year.
- For the 2026 fiscal year, Sumitomo Realty maintains its forecast of operating income at 290.00 billion yen, near the estimated 292.61 billion yen.
- The company also anticipates net income of 205.00 billion yen, closely aligning with the market expectation of 207.48 billion yen.
- The forecast for net sales remains at 1.03 trillion yen, slightly below the estimated 1.04 trillion yen.
- Sumitomo Realty plans to maintain a dividend payout of 85.00 yen, meeting expectations.
- Current analyst recommendations include 4 buys and 7 holds, with no sell recommendations reported.
A look at Sumitomo Realty & Developmen Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Sumitomo Realty & Development Co., Ltd. is positioned for a favorable long-term outlook based on its Smartkarma Smart Scores. With a solid Growth score of 4, the company shows promising potential for expansion and development. Additionally, its Resilience score of 3 indicates a capability to endure and adapt to market challenges.
Despite a lower Dividend score of 2, Sumitomo Realty & Development maintains an overall balanced outlook with Value and Momentum scores both at 3. As a company focusing on developing, managing, and selling properties both domestically and internationally, Sumitomo Realty & Development remains diversified and well-positioned for future growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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