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Sumitomo's Profit Climbs 6.8% in Fiscal Year 2025

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Sumitomo's (TYO:8053) profit attributable to owners of the parent rose 6.8% to 600.3 billion yen for the fiscal year 2025 from 561.9 billion yen a year earlier.

The diversified general trading company's earnings per share increased to 498.66 yen from 463.32 yen a year ago, according to a Tokyo bourse filing on Friday.

Revenues rose 0.6% to 7.337 trillion yen for the year ended March 31 from 7.292 trillion yen in the prior year.

In a separate disclosure, Sumitomo raised its final dividend payout to 80 yen per share, from 70 yen initially forecasted, payable from June 22.

For the fiscal year ending March 31, 2027, the company expects attributable profit of 630 billion yen and EPS of 132.06 yen.

Sumitomo plans to pay interim and year-end dividends of 20.00 yen per share, each, for the year on a post-split basis, which is higher than the pre-split amount paid in the year-ago period.

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