Daiwa upgrades Sumitomo Realty stock to Outperform

Published on 10/25/2026 at 02:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue reached JPY 281.02 billion for the period ended June 30, 2026. Sumitomo Realty stock reports November 10, 2026.

Analyst view and next report

On October 12, 2026, Daiwa Securities set a JPY 3,390 target while upgrading its rating.
First-quarter revenue was JPY 281.02 billion and net income reached JPY 85.16 billion for the period ended June 30, 2026.
Sumitomo Realty's next scheduled results date is November 10, 2026.

Sumitomo Realty, JP3409000001, Illustration mit AI erstellt.

Sumitomo Realty (JP3409000001) reported JPY 281.02 billion in revenue for the first quarter ended June 30, 2026, while Daiwa Securities upgraded its rating on October 12. The analyst set a JPY 3,390 price target, giving the latest stock discussion a concrete valuation marker.

Results set the starting point

Simply Wall St reported that first-quarter revenue was JPY 281.0 billion, down 4.2 percent year over year, while net income rose 15 percent to JPY 85.2 billion. The standardized quarterly statement gives the more precise figures of JPY 281.016 billion in revenue and JPY 85.161 billion in net income for the quarter.

The company's investor-relations page lists August 6, 2026, as the publication date for its first-quarter results and identifies the period as the quarter ended June 30, 2026. That sequence matters because revenue declined while net income increased, pointing to a stronger earnings conversion than the top-line trend alone suggests.

Three dated signals for the stock

On June 30, 2026, Sumitomo Realty closed its first quarter with JPY 281.02 billion in revenue. On August 6, 2026, the company published first-quarter results showing JPY 85.16 billion in net income. On October 12, 2026, Daiwa Securities upgraded the stock and set a JPY 3,390 target, as MT Newswires reported.

What does the target imply?

Daiwa's JPY 3,390 target stands 1.77 percent above the JPY 3,331.00 last traded price on October 23, 2026. The upgrade therefore adds a measured valuation signal rather than a large gap, while the next results will test whether profit growth can continue despite lower revenue.

Next results date

The next substantiated company date is November 10, 2026, when Sumitomo Realty is scheduled to report second-quarter results, according to KabuFacts.

Tokyo quote and valuation

Sumitomo Realty last traded at JPY 3,331.00 on the Tokyo Stock Exchange on October 23, 2026 at 3:30 p.m. JST. Its market capitalization was JPY 3.1 trillion, and its 52-week range was JPY 3,017.00 to JPY 5,358.00.

The further course of trading is shown by the continuously updated real-time quote of Sumitomo Realty stock.