Sumitomo Corp
8053: XTKS (JPN)
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Sumitomo Earnings: Growth in Digital and Diverse Urban Development More Evident; Valuation Up 9%
Sumitomo Corp.'s cumulative nine-month net profit for fiscal 2025 (ending March 2026) was JPY 408 billion, down 1.9% year over year, and 72% of its full-year guidance of JPY 570 billion. Due to the SCSK acquisition, the debt/equity ratio worsened to 79% from 57% at the end of fiscal 2024.
