November 11, 2025
To whom it may concern:
Company: Sumitomo Realty & Development Co., Ltd. Representative: Kojun Nishima,
Representative Director and President Securities code: 8830 (TSE Prime Market)
Contact: Takafumi Horikiri,
General Manager of Corporate Planning Department
Notice Concerning Revisions to Earnings ForecastsSumitomo Realty & Development Co., Ltd. (the "Company") hereby announces that, based on the recent business performance, it has revised upward the financial results forecast for FY2025, which was previously announced on May 13, 2025.
The revised net profit is expected to show a significant year-on-year increase of 18.3 billion yen, or 9.6%.
Revisions to Earnings Forecasts for FY2025 (From April 1, 2025 to March 31, 2026)
Revenue from operations
Operating income
Ordinary profit
Profit attributable to owners of parent
Earnings per share
Previous forecast (A)
Million yen
1,030,000
Million yen
290,000
Million yen
280,000
Million yen
205,000
Yen
433.26
Revised forecast (B)
1,050,000
295,000
285,000
210,000
443.83
Change (B-A)
+20,000
+5,000
+5,000
+5,000
Change (%)
+1.9
+1.7
+1.8
+2.4
(Reference) Actual
results for FY2024 (C)
1,014,239
271,516
268,323
191,681
405.11
Change (B-C)
+35,760
+23,483
+16,676
+18,318
Change (%)
+3.5
+8.6
+6.2
+9.6
Reasons for the Revision
The leasing business, in which we anticipated a significant year-on-year increase in both revenue and profit at the beginning of the fiscal year, has been progressing as expected, supported by factors such as improved occupancy rates and tenants' acceptance of rent increases in office buildings in Tokyo, and higher rent per unit for our luxury rental apartment series, "La Tour." In addition, the sales business is expected to achieve revenue and profit that greatly exceed our initial forecasts, driven by the strong condominium market. Taking into account the performance of these two business segments, we have revised our forecasts upward for revenue from operations, operating income, ordinary profit, and net profit, as shown in the table above.
(Forecasts of revenue from operations and operating income by segment)
Revenue from operations | Previous forecast (A) | Revised forecast (B) | Change (B-A) | |
Leasing | Million yen 460,000 | Million yen 460,000 | Million yen - | |
Sales | 285,000 | 320,000 | +35,000 | |
Housing | 210,000 | 195,000 | (15,000) | |
Step | 75,000 | 75,000 | - | |
Consolidated total | 1,030,000 | 1,050,000 | +20,000 | |
(Reference) Actual results for FY2024 (C) | (Reference) Change (B-C) |
Million yen 433,684 | Million yen +26,315 |
294,755 | +25,244 |
204,259 | (9,259) |
73,174 | +1,825 |
1,014,239 | +35,760 |
Operating income | Previous forecast (A) | Revised forecast (B) | Change (B-A) | |
Leasing | Million yen 210,000 | Million yen 210,000 | Million yen - | |
Sales | 60,000 | 70,000 | +10,000 | |
Housing | 22,000 | 17,000 | (5,000) | |
Step | 22,000 | 22,000 | - | |
Consolidated total | 290,000 | 295,000 | +5,000 | |
(Reference) Actual results for FY2024 (C) | (Reference) Change (B-C) |
Million yen 188,654 | Million yen +21,345 |
64,217 | +5,782 |
21,586 | (4,586) |
19,501 | +2,498 |
271,516 | +23,483 |
Note: The above forecasts are based on information available as of the date of the announcement. The actual results of the Company's performance may differ from the forecasted figures due to various factors in the future. In addition, the (Reference) actual results for FY2024 are presented based on the new segment classifications introduced from FY2025.
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