Sumitomo Corp
8053: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^k | LOCK|WF | LOCK|%<kT!p |
Sumitomo Earnings: Leasing and SCSK Purchase to Drive Fiscal 2026 Growth; Fair Value Raised by 30%
Sumitomo’s fiscal 2025 (ending March 2026) earnings rose 7% year over year, with its 2026 earnings forecast to rise 5% on a full-year contribution from digital firm SCSK and the Air Lease acquisition. It announced a new JPY 80 billion share buyback, with its 1-to-4 share split going live on July 1.
