Sumitomo Realty & DevelopmentSumitomo Realty & Development Co.,Ltd.8830東証プライム不動産業FY ending Mar 2026, consolidated, J-GAAP

Sumitomo Realty & Development FY ending Mar 2026 results

About 44% of Sumitomo Realty & Development's sales come from Real estate leasing, with Real estate selling and Housing making up much of the rest.

Out of every ¥100 of sales, about ¥28 is left as operating profit.

Revenue changed +4.3% from the prior year, operating profit +10.2%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +4.3% · profit +10.2%, calculated from disclosed figures.

Operating leverage: 2.37× (profit growth ÷ revenue growth)

FY ending Mar 2025 → FY ending Mar 2026

In FY ending Mar 2026, revenue grew +4.3% to ¥1.06T and operating income grew +10.2% to ¥299.2B.
Net income attributable to owners rose +10.9% to ¥212.5B, so profit grew faster than sales.
Cash was a different story: operating cash flow dropped -49.7% to ¥127.3B, and free cash flow turned negative at -¥18.4B.

In leasing, occupancy at existing buildings improved and rent increases took hold, helped by a full year of income from buildings finished the year before.
Condo prices kept rising as supply stayed tight, so property sales grew in both revenue and profit even with fewer units handed over.
The housing business saw orders fall sharply in the first half after a building-code change, and spin-off costs added to a steep profit decline.
Operating cash flow fell because inventory such as property for sale increased and tax payments went up.

Land and construction are paid for well before any income comes in, so the business relies on borrowing and a sharp rise in interest rates would raise costs.
Climate rules stricter than expected, or sudden shifts in the business environment, could push up building and operating costs.
A major disaster could bring repair costs for its buildings and disrupt operations.

Annual Securities Report (93rd term) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report (93rd term) / 事業等のリスク

FY ending Mar 2025 → FY ending Mar 2026

For every ¥100 Sumitomo Realty & Development sells, how much goes where, and how much is kept.

FY ending Mar 2026

Gross margin36.3%

Operating margin28.3%

Net margin20.1%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Real estate leasing¥458.1B
44%
Op. margin 45.9%Industry: Real Estate Development & Leasing
Real estate selling¥323.2B
31%
Op. margin 23.6%Industry: Condominium Developers
Housing¥188.7B
18%
Op. margin 7.1%Industry: Homebuilders
Step¥74.6B
7%
Op. margin 31.6%Industry: Real Estate Brokerage & Management

※ Segment figures include inter-segment sales and do not sum to the company total

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第93期(2025/04/01－2026/03/31)
ID S100YI5D2026-06-24Open
EDINET (FSA Japan)
有価証券報告書－第92期(2024/04/01－2025/03/31)
ID S100W6AG2025-06-26Open
EDINET (FSA Japan)
訂正有価証券報告書－第91期(2023/04/01－2024/03/31)
ID S100U0HW2024-07-08Open
EDINET (FSA Japan)
有価証券報告書－第90期(2022/04/01－2023/03/31)
ID S100R7LP2023-06-30Open
EDINET (FSA Japan)
訂正有価証券報告書－第89期(令和3年4月1日－令和4年3月31日)
ID S100P4PT2022-09-05Open
EDINET (FSA Japan)
有価証券報告書－第88期(令和2年4月1日－令和3年3月31日)
ID S100LUUL2021-06-30Open

Extracted from XBRL: 49 / Derived from other figures: 3

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