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Sumida Corp Profits Halve Amid Rising Revenue

Sumida Corp reported a sharp decline in profitability for the first nine months of 2026, with net profit falling to 1.29 billion yen from 2.68 billion yen during the same period last year. Despite the bottom-line contraction, the Japanese components manufacturer saw its revenue climb to 123.60 billion yen.

Sumida Corp Profits Halve Amid Rising Revenue

Operating profit for the nine-month period ending September 30 dropped to 4.11 billion yen, down from 5.49 billion yen in 2025. Pretax profit followed a similar downward trajectory, settling at 2.02 billion yen compared to the previous year’s 3.63 billion yen.

Shareholders saw earnings per share fall significantly to 38.85 yen, less than half of the 81.00 yen recorded a year prior. Diluted earnings per share were reported at 38.62 yen, down from 80.32 yen. These results, which reflect a challenging margin environment despite top-line growth, were prepared in accordance with IFRS accounting standards.

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