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51102026 Q1PrimeIFRS

Sumitomo Rubber Industries (5110) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥302.2B (+5.0% year on year) and operating income ¥15.1B (+22.3%). The segment drivers and cash flow follow.

Automobiles & Transportation Equipment/Rubber Products


Financial Highlights

  • Net Sales: ¥302.17B
  • Operating Income: ¥15.07B
  • Net Income: ¥9.56B
  • EPS: ¥32.59

Income Statement

ItemCurrentPriorYoY %
Net Sales¥302.17B¥287.78B+5.0%
Cost of Sales¥208.54B¥204.10B+2.2%
Gross Profit¥93.63B¥83.68B+11.9%
SG&A Expenses¥76.84B¥69.55B+10.5%
Operating Income¥15.07B¥12.32B+22.3%
Equity Method Investment Income¥28M¥8M+250.0%
Profit Before Tax¥14.67B¥3.96B+270.5%
Income Tax Expense¥5.11B¥771M+562.1%
Net Income¥9.56B¥3.19B+200.0%
Net Income Attributable to Owners¥8.56B¥3.56B+140.5%
Total Comprehensive Income¥22.11B−¥18.57B+219.0%
Basic EPS¥32.59¥13.54+140.7%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥700.91B¥679.31B+¥21.60B
Accounts Receivable¥216.07B¥209.32B+¥6.75B
Inventories¥315.56B¥298.12B+¥17.45B
Non-current Assets¥789.69B¥780.62B+¥9.07B
Property, Plant & Equipment¥470.20B¥466.46B+¥3.74B
Intangible Assets¥177.47B¥174.10B+¥3.37B
Goodwill¥47.54B¥47.22B+¥321M
Total Assets¥1.49T¥1.46T+¥30.67B
Accounts Payable¥170.65B¥181.05B−¥10.40B
Non-current Liabilities¥340.40B¥343.68B−¥3.27B
Total Liabilities¥743.46B¥723.62B+¥19.84B
Total Equity¥747.14B¥736.31B+¥10.83B
Capital Stock¥42.66B¥42.66B¥0
Capital Surplus¥39.79B¥39.79B¥0
Retained Earnings¥553.60B¥555.99B−¥2.40B
Treasury Stock−¥369M−¥368M−¥1M
Shareholders' Equity¥725.72B¥716.08B+¥9.64B
Equity Ratio48.7%49.0%−0.3%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥10.06B¥9.45B+¥612M
Investing Cash Flow−¥29.03B−¥18.76B−¥10.27B
Financing Cash Flow¥17.50B−¥200M+¥17.70B
Cash and Cash Equivalents¥99.34B¥98.64B+¥697M
Free Cash Flow−¥18.97B--

Profitability Ratios

ItemValue
Book Value Per Share¥2,761.12
Net Profit Margin2.8%
Gross Profit Margin31.0%
Debt-to-Equity Ratio1.00x
Effective Tax Rate34.8%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+5.0%
Operating Income YoY Change+22.3%
Profit Before Tax YoY Change+270.5%
Net Income YoY Change+200.0%
Net Income Attributable to Owners YoY Change+140.5%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)263.04M shares
Treasury Stock207K shares
Average Shares Outstanding262.84M shares
Book Value Per Share¥2,842.60

Segment Information

SegmentRevenue
IndustrialAndOtherProducts¥10.07B
Sports¥32.18B
Tires¥259.92B

Full Year Forecast

ItemForecast
Net Sales Forecast¥1.32T
Operating Income Forecast¥100.00B
Net Income Attributable to Owners Forecast¥55.00B
Basic EPS Forecast¥209.26
Dividend Per Share Forecast¥84.00