Record first-half revenue was driven by Dunlop tire sales in Europe and strong domestic demand, while higher raw material and logistics costs weighed on the full-year forecast; the newer record appears to describe an unrelated Sumitomo Warehouse earnings report.
Sumitomo Rubber Industries reported sharply higher January-June earnings for the fiscal year ending December 2026, with net profit attributable to owners of the parent rising 79.9% year on year to ¥25.856 billion under IFRS and revenue increasing 8.3% to a first-half record ¥619.798 billion. Growth was supported by the launch of Dunlop-brand tires in Europe and solid domestic sales of the high-performance all-season tire "Synchro Weather." The company nevertheless lowered its full-year business profit forecast to ¥96 billion from ¥112 billion and cut its operating profit outlook to ¥89 billion from ¥100 billion, citing higher raw material and logistics costs linked to Middle East tensions and a weak North American market. It raised its revenue forecast to ¥1.33 trillion on a weaker yen and price revisions, while leaving net profit guidance unchanged at ¥55 billion and maintaining its annual dividend forecast at ¥84 per share. The newer topic provided in the input describes Sumitomo Warehouse's April-June fiscal 2026 results, including net profit of ¥5.9 billion and revenue of ¥50.4 billion, which appears to be a separate event rather than an update to Sumitomo Rubber's earnings story.