TOKYO :Japanese trading house Sumitomo Corp on Thursday forecast a record net profit of 570 billion yen ($4 billion) for the current fiscal year and set aside a financial buffer to hedge against the potential negative impact of U.S. tariffs. Sumitomo posted 562 billion yen in net profit for the year ended in March, up 45.4 per cent from a year earlier and beating analysts' expectations of 554.2 billion yen, on strong non-mineral resources performance in segments including real estate. Warren

Tag-uri: Real Estate