Sumitomo Hayashi ＜1911＞ continued to grow drastically. Financial results for the first quarter were announced the day before. Ordinary profit was 39.8 billion yen, up 55.4% from the same period last year, which greatly exceeded market consensus, which was over 30 billion yen. The profit of American detached houses increased drastically and grew more than expected, and it seems that the yen depreciation effect on the exchange rate also supported it. The full-year forecast of 173 billion yen, an 8.5% increase from the previous fiscal year, remains unchanged, but due in part to the steady progress of US detached house orders, it is a form where people are aware of a significant increase.
住友林---大幅続伸、米戸建の好調などで第1四半期は想定以上の大幅増益に
Sumitomo Hayashi --- profit increased significantly more than expected in the first quarter due to significant continuous growth, strong sales of US detached houses, etc.
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