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51102026 Q2 / First HalfPrimeIFRS

Sumitomo Rubber Industries (5110) FY2026 Q2 Earnings Report

For FY2026 Q2, revenue came to ¥619.8B (+8.3% year on year) and operating income ¥38.1B (+41.1%). The segment drivers and cash flow follow.

Automobiles & Transportation Equipment/Rubber Products


Financial Highlights

  • Net Sales: ¥619.80B
  • Operating Income: ¥38.15B
  • Net Income: ¥27.62B
  • EPS: ¥98.40

Income Statement

ItemCurrentPriorYoY %
Net Sales¥619.80B¥572.19B+8.3%
Cost of Sales¥425.61B¥405.96B+4.8%
Gross Profit¥194.19B¥166.23B+16.8%
SG&A Expenses¥154.38B¥137.92B+11.9%
Operating Income¥38.15B¥27.03B+41.1%
Equity Method Investment Income¥94M¥69M+36.2%
Profit Before Tax¥37.75B¥20.07B+88.0%
Income Tax Expense¥10.13B¥4.42B+128.9%
Net Income¥27.62B¥15.65B+76.5%
Net Income Attributable to Owners¥25.86B¥14.37B+79.9%
Total Comprehensive Income¥51.71B−¥14.39B+459.3%
Basic EPS¥98.40¥54.66+80.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥718.08B¥679.31B+¥38.76B
Accounts Receivable¥207.28B¥209.32B−¥2.04B
Inventories¥349.47B¥298.12B+¥51.35B
Non-current Assets¥794.08B¥780.62B+¥13.47B
Property, Plant & Equipment¥478.33B¥466.46B+¥11.88B
Intangible Assets¥179.59B¥174.10B+¥5.49B
Goodwill¥48.32B¥47.22B+¥1.10B
Total Assets¥1.51T¥1.46T+¥52.23B
Accounts Payable¥180.54B¥181.05B−¥508M
Non-current Liabilities¥332.61B¥343.68B−¥11.07B
Total Liabilities¥737.41B¥723.62B+¥13.79B
Total Equity¥774.75B¥736.31B+¥38.44B
Capital Stock¥42.66B¥42.66B¥0
Capital Surplus¥39.80B¥39.79B+¥4M
Retained Earnings¥571.08B¥555.99B+¥15.08B
Treasury Stock−¥350M−¥368M+¥18M
Shareholders' Equity¥754.24B¥716.08B+¥38.16B
Equity Ratio49.9%49.0%+0.9%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥37.54B¥70.58B−¥33.04B
Investing Cash Flow−¥45.06B−¥138.04B+¥92.98B
Financing Cash Flow¥3.31B¥57.51B−¥54.20B
Cash and Cash Equivalents¥98.69B¥98.64B+¥43M
Free Cash Flow−¥7.52B--

Profitability Ratios

ItemValue
Book Value Per Share¥2,869.52
Net Profit Margin4.2%
Gross Profit Margin31.3%
Debt-to-Equity Ratio0.95x
Effective Tax Rate26.8%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+8.3%
Operating Income YoY Change+41.1%
Profit Before Tax YoY Change+88.0%
Net Income YoY Change+76.5%
Net Income Attributable to Owners YoY Change+79.9%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)263.04M shares
Treasury Stock197K shares
Average Shares Outstanding262.84M shares
Book Value Per Share¥2,947.54

Dividend Information

ItemAmount
Q2 Dividend¥42.00

Segment Information

SegmentRevenue
IndustrialAndOtherProducts¥18.68B
Sports¥66.68B
Tires¥534.44B

Full Year Forecast

ItemForecast
Net Sales Forecast¥1.33T
Operating Income Forecast¥89.00B
Net Income Attributable to Owners Forecast¥55.00B
Basic EPS Forecast¥209.25
Dividend Per Share Forecast¥84.00