Sumitomo Forestry (1911) Earnings: Operating Profit Decreased 28.4% YoY to 59.9 Billion Yen, Net Income Down 45.5%

Sumitomo Forestry (1911) has released its financial results, reporting net sales of 1,263,248 million yen, a solid increase of 17.5% year-on-year. However, earnings experienced a contraction, with operating profit declining by 28.4% YoY to 59,921 million yen, ordinary profit dropping 43.6% to 49,769 million yen, and net income attributable to owners of the parent falling 45.5% to 26,885 million yen.

From a financial and valuation perspective, the company maintains an equity-to-asset ratio of 30.5%, a Return on Equity (ROE) of 7.05%, and a Return on Assets (ROA) of 1.52%. EBITDA stands at 75.43 billion yen, with retained earnings at 698.12 billion yen and interest-bearing debt at 1,598.95 billion yen. Investors will likely monitor future strategies to recover profit margins.