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Sumitomo Forestry Co Ltd Announces Decline In Q1 Profit

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sumitomo Forestry Co Ltd (1911.T) reported a profit for first quarter that Dropped, from last year

The company's earnings totaled JPY16.758 billion, or JPY27.32 per share. This compares with JPY20.578 billion, or JPY33.49 per share, last year.

The company's revenue for the period rose 4.0% to JPY532.063 billion from JPY511.632 billion last year.

Sumitomo Forestry Co Ltd earnings at a glance (GAAP) :

-Earnings: JPY16.758 Bln. vs. JPY20.578 Bln. last year.
-EPS: JPY27.32 vs. JPY33.49 last year.
-Revenue: JPY532.063 Bln vs. JPY511.632 Bln last year.

-Guidance:
Full year EPS guidance: JPY 155.09
Full year revenue guidance: JPY 2.590 T

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.

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