Source disclosure: March 06, 2026
Published by Pulse News Wire: March 07, 2026, 07:28 JST
Sumitomo Rubber Industries,Ltd. [5110.T]
TOKYO, Mar 06 (Pulse News Wire) – Sumitomo Rubber Industries,ltd. (511A.T) released its fiscal 2026 second quarter forecast, projecting revenue growth amid expectations of a gradual economic recovery.
The company anticipates sales of ¥2.2 million for the six months ending May 31, 2026, up from ¥1.487 billion in the same period last year. Operating profit is expected to reach ¥786 million, a significant increase from ¥442 million previously. In addition to forecasting higher revenues, Sumitomo Rubber highlighted efforts to expand service offerings such as "Mamorocca," "IP Support," and "PS Support." The firm also plans to enhance customer retention rates and attract new clients in its real estate sector to boost overall performance.
For the full fiscal year ending May 31, 2026, Sumitomo projects total sales of ¥4.378 billion, reflecting continued growth momentum. The company's management noted ongoing challenges related to rising energy costs and demographic shifts but remains optimistic about achieving its targets through strategic initiatives. Sumitomo Rubber did not announce any dividend payments for the upcoming interim period.
The company’s capital adequacy ratio stood at 50.5% as of March 6, 2026, compared to 43.4% in the previous year.
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