Sumitomo Osaka Cement (5232) Q3 2026 earnings summary

Executive summary

• Operating profit and ordinary profit increased year-over-year due to domestic cement price hikes and lower coal prices, despite a decline in net sales from reduced domestic cement sales volume.

• Profit attributable to owners of the parent declined 6.4% year-over-year to ¥6,250 million, impacted by impairment losses related to the closure of the Ako power plant.

• Comprehensive income surged 118.3% year-over-year to ¥8,467 million.

Financial highlights

• FY2025 3rd quarter net sales: ¥164.3 billion, down 1.1% year-over-year.

• Operating profit rose to ¥8.53 billion, up 29.0% year-over-year.

• Ordinary profit increased to ¥9.34 billion, up 36.4% year-over-year.

• Gross profit increased to ¥40.49 billion from ¥37.08 billion year-over-year.

• Basic earnings per share was ¥194.16, down from ¥199.74 year-over-year.

Outlook and guidance

• Full-year FY2025 forecast remains unchanged, expecting higher revenue and income driven by cement price hikes and lower coal prices.

• Net sales forecast: ¥225.2 billion (up 2.6% year-over-year).

• Operating profit forecast: ¥14.0 billion (up 49.7% year-over-year).

• Profit attributable to owners of the parent forecast: ¥10.0 billion (up 11.0%).

• Dividend per share forecast unchanged at ¥120.