Sumitomo Mitsui Finance and Leasing Company Revises FY2025 Financial Forecasts Upward
Summary:
Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) has announced revisions to its consolidated financial forecasts for the fiscal year ending March 31, 2025. The updated projections reflect anticipated improvements across key financial metrics:
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Revenues: Increased from ¥2,100 billion to ¥2,150 billion, marking a 2.4% rise.
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Operating Income: Raised by 6.7% to ¥160 billion from the previous ¥150 billion.
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Ordinary Profit: Adjusted upward by 7.1% to ¥150 billion, compared to the earlier forecast of ¥140 billion.
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Profit Attributable to Owners of Parent: Significantly increased by 50.0% to ¥120 billion, up from ¥80 billion.
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Earnings Per Share (EPS): Revised to ¥1,373.72, from the prior estimate of ¥915.81.
This positive adjustment is primarily due to SMFL's consolidated subsidiary, SMBC Aviation Capital Limited, receiving US$445 million in insurance settlements related to aircraft leased to Russian airlines. The settlement is expected to be recorded as extraordinary income in SMFL's consolidated financial results.
Note: All data is sourced from Sumitomo Mitsui Finance and Leasing Company, Limited's announcement dated March 17, 2025.