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Sumitomo Mitsui Construction Co Ltd (1821.T)

1821.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sumitomo Mitsui Construction raises consolidated full-year outlook for FY 2016
Wednesday, 10 Feb 2016 01:30am EST 

Sumitomo Mitsui Construction Co Ltd:Says the company increased the consolidated full-year outlook for revenue to 408,000 mln yen from 404,000 mln yen, for the fiscal year ending March 31, 2016.Operating profit forecast increased to 20,000 mln yen from 15,800 mln yen.Ordinary profit forecast increased to 17,800 mln yen from 14,000 mln yen.Net profit forecast increased to 10,000 mln yen from 9,000 mln yen.Earnings per share increased to 12.30 yen from 11.07 yen.Comments the increased gross margin rate as the main reason for the forecast.  Full Article

Sumitomo Mitsui Construction receives administrative dispositions from the Ministry of Land, Infrastructure, Transport and Tourism
Wednesday, 13 Jan 2016 06:00am EST 

Sumitomo Mitsui Construction Co Ltd:Received administrative dispositions from the Kanto Regional Development Bureau of the Ministry of Land, Infrastructure, Transport and Tourism, in accordance with the Construction Business Act, regarding foundation pile construction.  Full Article

Sumitomo Mitsui Construction amends consolidated full-year outlook for FY 2016
Wednesday, 11 Nov 2015 01:30am EST 

Sumitomo Mitsui Construction Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Confirmed the revenue at 404,000 million yen.Operating profit forecast increased to 15,800 million yen from 12,000 million yen.Ordinary profit forecast increased to 14,000 million yen from 10,000 million yen.Net profit forecast increased to 9,000 million yen from 6,000 million yen.Earnings per share forecast increased to 11.07 yen from 7.38 yen.Comments that mid-year performance is the main reason for the forecast.  Full Article

Sumitomo Mitsui Construction announces defect in pile construction
Wednesday, 14 Oct 2015 04:00am EDT 

Sumitomo Mitsui Construction Co Ltd:Announces defect in pile construction of Yokohama-based apartment houses being constructed by the company.Says the details is under investigation.  Full Article

Sumitomo Mitsui Construction appoints chairman and president
Tuesday, 24 Feb 2015 11:00pm EST 

Sumitomo Mitsui Construction Co Ltd:Appoints current president Yoshiyuki Norihisa as chairman.Appoints Hideo Arai as president.Effective April 1.  Full Article

Sumitomo Mitsui Construction raises consolidated full-year outlook for FY 2015
Friday, 13 Feb 2015 01:30am EST 

Sumitomo Mitsui Construction Co Ltd:Says the company raised the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 377,000 million yen from 375,000 million yen.Operating profit forecast increased to 11,000 million yen from 9,400 million yen.Ordinary profit forecast increased to 10,000 million yen from 7,400 million yen.Net profit forecast increased to 6,000 million yen from 4,300 million yen.Earnings per share forecast increased to 7.41 yen from 5.32 yen.Comments that improvement of work profitability and gain on exchange rate changes are the main reasons for the forecast.  Full Article

Sumitomo Mitsui Construction Co Ltd amends consolidated full-year outlook for FY 2015
Wednesday, 12 Nov 2014 01:00am EST 

Sumitomo Mitsui Construction Co Ltd:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Confirmed the revenue at 375,000 million yen.Operating profit forecast increased to 9,400 million yen from 8,100 million yen.Ordinary profit forecast increased to 7,400 million yen from 5,700 million yen.Net profit forecast increased to 4,300 million yen from 2,800 million yen.Earnings per share forecast increased to 5.32 yen from 3.47 yen.Comments that improvement of construction profitability is the main reason for the forecast.  Full Article

Sumitomo Mitsui Construction Co Ltd raises year-end dividend forecast for FY 2015
Wednesday, 12 Nov 2014 01:00am EST 

Sumitomo Mitsui Construction Co Ltd:Says it raised the year-end dividend forecast to 1 yen per share from an undermined value for the FY ending March 2015.  Full Article

Sumitomo Mitsui Construction Co Ltd raises consolidated mid-year outlook for FY 2015
Wednesday, 29 Oct 2014 02:00am EDT 

Sumitomo Mitsui Construction Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 175,000 million yen from 165,000 million yen for FY ending March 2015.Operating profit forecast increased to 4,150 million yen from 2,700 million yen.Ordinary profit forecast increased to 3,950 million yen from 1,800 million yen.Net profit forecast increased to 2,900 million yen from 1,000 million yen.Earnings per share increased to 3.59 yen from 1.24 yen.Comments the completed construction gross profit is the main reason for the forecast.  Full Article

Sumitomo Mitsui Construction Co Ltd revises consolidated mid-year outlook for FY 2015
Thursday, 7 Aug 2014 02:30am EDT 

Sumitomo Mitsui Construction Co Ltd:Says the company affirms the consolidated mid-year outlook for revenue at 165,000 million yen for the fiscal year ending March 2015.Operating profit forecast increased to 2,700 million yen from 2,100 million yen.Ordinary profit forecast increased to 1,800 million yen from 1,200 million yen.Net profit forecast increased to 1,000 million yen from 400 million yen.Earnings per share increased to 1.24 yen from 0.50 yen.Comments the increased completed work gross profit is the main reason for the forecast.  Full Article