Finance2 sources
Sumitomo lifts FY26 profit and dividend forecasts
- Sumitomo has increased its profit forecast for fiscal year 2026.
- The company also raised its dividend forecast for the same fiscal year.
- The increase is attributed to strong performance in energy and metals sectors.
- Sumitomo Pharma's stock climbed despite thin Q2 earnings margins.
- The stock is listed on the Tokyo Stock Exchange with the code TSE:4506.