Sumitomo CorporationSUMITOMO CORPORATION8053東証プライム卸売業FY ending Mar 2026, consolidated, IFRS

Sumitomo Corporation revenue and profit

Out of every ¥100 of sales, about ¥6 is left as operating profit. Revenue changed +0.6% from the prior year.

Five-year trend

Revenue¥7.34T
FY ending Mar 2022: ¥5.5T¥5.5TFY ending Mar 2023: ¥6.82T¥6.82TFY ending Mar 2024: ¥6.91T¥6.91TFY ending Mar 2025: ¥7.29T¥7.29TFY ending Mar 2026: ¥7.34T¥7.34TFY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin8.2%
Asset turnover0.58×
ROA4.8%
ROA4.8%
Financial leverage2.72×
ROE12.9%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin8.2%
2022: 8.4%8.4%2023: 8.3%8.3%2024: 5.6%5.6%2025: 7.7%7.7%2026: 8.2%8.2%2223242526
Asset turnover0.58×
2022: 0.57×0.57×2023: 0.69×0.69×2024: 0.65×0.65×2025: 0.64×0.64×2026: 0.58×0.58×2223242526
ROA4.8%
2022: 4.8%4.8%2023: 5.7%5.7%2024: 3.7%3.7%2025: 5.0%5.0%2026: 4.8%4.8%2223242526
Financial leverage2.72×
2022: 3.00×3.00×2023: 2.82×2.82×2024: 2.57×2.57×2025: 2.49×2.49×2026: 2.72×2.72×2223242526
ROE12.9%
2022: 14.5%14.5%2023: 16.2%16.2%2024: 9.4%9.4%2025: 12.4%12.4%2026: 12.9%12.9%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20228.4%0.57×4.8%3.00×14.5%
20238.3%0.69×5.7%2.82×16.2%
20245.6%0.65×3.7%2.57×9.4%
20257.7%0.64×5.0%2.49×12.4%
20268.2%0.58×4.8%2.72×12.9%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue17.4%
2021: 22.6%22.6%2022: 18.6%18.6%2023: 15.3%15.3%2024: 16.7%16.7%2025: 16.9%16.9%2026: 17.4%17.4%212223242526
PPE ÷ total assets9.3%
2021: 13.0%13.0%2022: 10.7%10.7%2023: 10.4%10.4%2024: 10.4%10.4%2025: 10.6%10.6%2026: 9.3%9.3%212223242526
Goodwill ÷ parent equity7.5%
2021: 4.3%4.3%2022: 3.3%3.3%2023: 3.1%3.1%2024: 3.2%3.2%2025: 6.9%6.9%2026: 7.5%7.5%212223242526
Goodwill balance¥346.6B
2021: ¥109.8B¥109.8B2022: ¥105.5B¥105.5B2023: ¥115.7B¥115.7B2024: ¥141.8B¥141.8B2025: ¥321.5B¥321.5B2026: ¥346.6B¥346.6B212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue5,495,0156,817,8726,910,3027,292,0847,337,259
Cost of revenue4,485,4125,583,1205,567,8145,847,3295,827,602
Gross profit1,009,6031,234,7521,342,4881,444,7551,509,657
SG&A713,941811,737927,5941,039,7321,111,394
Operating income—————
Pretax income590,019723,122527,646695,567701,998
Income tax105,452123,875101,53086,60151,717
Net income attributable to owners463,694565,333386,352561,859600,334
Operating margin—————

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

7%
Property, plant and equipment 9%
3%
Other assets 81%

Funding

Other liabilities 65%
Equity 35%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥733.8B¥656.9B¥667.9B¥570.6B¥1.01T
Total assets¥9.58T¥10.1T¥11T¥11.6T¥13.6T
Net assets¥3.38T¥3.98T¥4.67T¥4.89T¥4.74T
Share capital¥219.9B¥220B¥220.4B¥221B¥221.7B
Property, plant and equipment¥1.02T¥1.05T¥1.15T¥1.23T¥1.27T
Goodwill¥105.5B¥115.7B¥141.8B¥321.5B¥346.6B
Current assets¥4.65T¥4.87T¥4.94T¥5.07T¥6.64T
Total liabilities¥6.2T¥6.13T¥6.36T¥6.75T¥8.9T
Equity attributable to owners of parent¥3.2T¥3.78T¥4.45T¥4.65T¥4.63T
Retained earnings¥2.27T¥2.71T¥2.9T¥3.3T¥3.24T
Treasury stock-¥1.87B-¥39.6B-¥2.73B-¥4.29B-¥84.1B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第158期(2025/04/01-2026/03/31)

    ID S100YARD2026-06-12Open
  • EDINET (FSA Japan)

    有価証券報告書-第157期(2024/04/01-2025/03/31)

    ID S100VYV62025-06-18Open
  • EDINET (FSA Japan)

    有価証券報告書-第156期(2023/04/01-2024/03/31)

    ID S100TOTW2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第155期(2022/04/01-2023/03/31)

    ID S100R1TH2023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第154期(令和3年4月1日-令和4年3月31日)

    ID S100OE282022-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第153期(令和2年4月1日-令和3年3月31日)

    ID S100LJW12021-06-18Open

Extracted from XBRL: 40 / Derived from other figures: 1

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