Sumitomo Shoji KK
8053
ISIN JP3404600003 / Valor 763411
Sumitomo Shoji KK
UMushroom community rating:
About company
Sumitomo Shoji KK, operating under the Sumitomo Corporation Group, is a diversified global enterprise with a focus on conducting comprehensive political, economic, and industrial research and analysis. Originally established in 1919 as The Osaka North Harbour Company Limited, the company initially specialized in real estate management and land reclamation projects in Osaka. Over the years, it has evolved into a multifaceted organization leveraging its extensive global network to provide in-depth insights and strategic analysis across various sectors. Sumitomo Shoji KK's expertise spans multiple industries, reflecting its historical roots and ongoing commitment to adapting to global economic trends.
Summarized from source with an LLMView SourceSector: Non-Energy MaterialsLatest Results (17.12.2024):
Revenue Growth
For the six-month period ended September 30, 2024, Sumitomo Shoji KK reported consolidated revenues of 3,518,480 million yen, marking a 5.2% increase compared to the same period in the previous year. This growth was primarily driven by stable automotive sales and marketing, as well as increasing earnings from existing overseas IPP/IWPP businesses.
Profit Decline
Sumitomo Shoji KK's profit before tax for the six-month period ended September 30, 2024, decreased by 5.1% to 329,739 million yen. The decline in profit was attributed to increased personnel costs and the absence of one-off profits from the divestment of the retail portfolio in the tire business in the U.S. during the previous year.
Earnings Per Share
The earnings per share attributable to owners of the parent for the period ended September 30, 2024, were 209.33 yen, down from 232.76 yen in the same period of the previous year. This decrease reflects the overall decline in profit for the period.
Dividend Increase
Sumitomo Shoji KK announced an increase in the cash dividend per share for the year ending March 31, 2025. The second quarter-end dividend was set at 65.00 yen, up from 62.50 yen in the previous year, with a forecasted total annual dividend of 130.00 yen per share.
Financial Position
As of September 30, 2024, Sumitomo Shoji KK's total assets stood at 10,795,959 million yen, a decrease from 11,032,583 million yen as of March 31, 2024. The decrease was mainly due to the appreciation of the yen. The equity attributable to owners of the parent was 4,607,054 million yen, maintaining a stable equity ratio of 40.4%.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
26524 M
Market cap (USD)
3,013,300
Daily traded volume (Shares)
3448 / 3391
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
