Sumiseki Holdings, Inc. [1514.T]
TOKYO, May 15 (Pulse News Wire) – Sumiseki Holdings,inc. (1514.T) revised its financial targets for the final fiscal year of its medium-term management plan ending March 2028.
According to the latest earnings presentation materials released today, the company adjusted its operating profit target to remain unchanged at ¥500 million but increased its ordinary profit forecast from ¥2.400 billion to ¥2 billion due to anticipated changes in dividend income from Australia's Onebo mine operations. Return on Equity (ROE) remains targeted at ８% or higher. The adjustments come amid ongoing efforts to improve operational efficiency across various divisions within the company.
However, the reduction in expected dividend income from the cessation of underground coal mining activities at Onebo necessitated a reassessment of projected profits. Despite these challenges, Sumiseki Holdings maintains its commitment to achieving a robust ROE through continued strategic initiatives. For more detailed information, interested stakeholders are advised to review the “FY2026 Earnings Presentation Materials” available on the company’s official website.
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