Asia
Sumitomo Realty & Development's Attributable Profit Up 11% in Fiscal 2025
Sumitomo Realty & Development's (TYO:8830) profit attributable to owners of the parent increased by 11% to 212.54 billion yen for the fiscal year ended March 31 from 191.68 billion yen a year earlier.The Japanese real estate company's earnings per share increased to 228.42 yen from 202.56 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue from operations jumped 4.3% to 1.058 trillion yen from 1.014 trillion yen in the prior year.For fiscal year 2026, the company expects attributable profit of 223 billion yen and revenue from operations of 1.07 trillion yen. Sumitomo Realty & Development plans to pay per-share interim and year-end dividends of 26 yen each for the year.
TYO:8830