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Sumitomo Chemical Co Ltd (SOMMF)
OTHER OTC:SOMMF
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.1Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: 0.00%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a significant financial recovery and improved performance across various segments in fiscal 2024. However, challenges such as anticipated revenue decreases in FY 2025, increased finance expenses, and the impact of exchange rates and U.S. tariffs suggest mixed prospects moving forward.Company Guidance
In the conference call held on May 14, 2025, Keigo Sasaki of Sumitomo Chemical presented the financial results for fiscal year 2024, highlighting a significant V-shaped recovery. Core operating income for FY 2024 was JPY140.5 billion, a stark improvement from the JPY149.0 billion loss in FY 2023, marking an approximately JPY290.0 billion year-on-year increase. Sales revenue reached JPY2,606.3 billion, up JPY159.4 billion from the previous year. Non-recurring items yielded a gain of JPY52.5 billion, with a notable improvement of JPY392.3 billion compared to the previous fiscal year. Despite finance expenses increasing by JPY161.0 billion, primarily due to losses from Petro Rabigh, net income attributable to owners was JPY38.6 billion, a JPY350.4 billion improvement. The company expects FY 2025 core operating income to rise to JPY150 billion, with a focus on achieving JPY200 billion by FY 2027, amid challenges like an appreciating yen and periodic plant maintenance at Petro Rabigh. The call also addressed the anticipated decrease in sales revenue to JPY2.34 trillion for FY 2025, alongside an expected increase in net income to JPY40 billion.V-Shaped Financial Recovery
Core operating income for fiscal 2024 was JPY140.5 billion, marking a significant improvement of approximately JPY290.0 billion from the previous year, which saw a core operating loss of JPY149.0 billion.
Revenue Increase Across All Segments
Sales revenue totaled JPY2,606.3 billion, an increase of JPY159.4 billion year-on-year, with all segments reporting an increase in revenue.
Significant Improvement in Non-Recurring Items
Non-recurring items improved by JPY392.3 billion compared to the previous year, resulting in a total gain of JPY52.5 billion on non-recurring items.
Free Cash Flow Turnaround
Free cash flow was positive JPY318.3 billion, a JPY481.8 billion improvement from the negative JPY163.6 billion in the previous fiscal year.
Positive Outlook for Core Operating Income
The company expects core operating income for FY 2025 to be JPY150 billion, an increase of about JPY10 billion compared to FY 2024.
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SOMMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SOMMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $2.75 | $2.75 | 0.00% |
Feb 03, 2025 | $2.14 | $2.08 | -2.80% |
Oct 30, 2024 | $2.65 | $2.64 | -0.38% |
Aug 02, 2024 | $2.46 | $2.42 | -1.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sumitomo Chemical Co Ltd (SOMMF) report earnings?
Sumitomo Chemical Co Ltd (SOMMF) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Sumitomo Chemical Co Ltd (SOMMF) earnings time?
Sumitomo Chemical Co Ltd (SOMMF) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SOMMF EPS forecast?
SOMMF EPS forecast for the fiscal quarter 2025 (Q1) is 0.04.
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