TSE:9932Trade Distributors
Sugimoto (TSE:9932) Q3 Net Margin Compression Challenges Bullish Earnings Narratives
Sugimoto (TSE:9932) has put up a solid set of Q3 2026 numbers, with revenue of ¥13.5b and basic EPS of ¥40.48, supported by net income of ¥710.62m. The company has seen quarterly revenue move from ¥12.3b in Q4 2025 to ¥11.2b in Q1 2026, ¥11.6b in Q2 2026 and now ¥13.5b in Q3 2026, while EPS has shifted from ¥16.49 to ¥12.22, ¥23.57 and ¥40.48 over the same stretch. For investors, the key question from these results is how the current profit run rate and margins line up against recent...