Sumitomo Mitsui Trust Group reported first-quarter net income attributable to owners of the parent of 142.2 billion yen, up 56.6% from 90.8 billion yen a year earlier. Net income per share of common stock rose to 204.72 yen from 128.10 yen. Ordinary income climbed 20.5% to 786.4 billion yen, while ordinary profit increased 108.5% to 173.5 billion yen. For the fiscal year ending March 31, 2027, the company forecasts consolidated net income of 380 billion yen, a 19.7% increase from the previous fiscal year, with net income per share projected at 137.67 yen.
Sumitomo Mitsui Trust Group, Inc.Net income rose 56.6% and the company issued a positive forecast for the fiscal year.