Sumitomo Metal Mining Co., Ltd.
First Quarter of Fiscal Year 2027 IFRS Consolidated Financial Summary (IFRS) (Unaudited)
For the first quarter of the fiscal year ending March 2027, consolidated net sales were 540,110 million yen, up 42.3% YoY; ordinary income was 118,040 million yen, up 211.4% YoY; net income attributable to owners of parent was 87,935 million yen, up 220.5% YoY. For the full-year plan for the fiscal year ending March 2027, earnings guidance was updated based on revised calculations, and treasury stock acquisition and cancellation are planned.
Key Figures
- Net sales: 540,110 million yen (YoY +42.3%)
- Ordinary income: 118,040 million yen (YoY +211.4%)
- Net income attributable to owners of parent: 87,935 million yen (YoY +220.5%)
AI要約
Overview of results
Against a backdrop of global economic uncertainty in the first quarter, prices for non-ferrous metals such as copper, gold and nickel rose and the yen weakened, leading to a substantial increase in net sales. In the segments, Resources, Smelting, and Materials all showed solid performance, culminating in a substantial expansion of profits. The full-year forecast has been revised based on changes in key non-ferrous metal price and exchange rate assumptions, and is now 2,065 billion yen in consolidated net sales, 324 billion yen in consolidated ordinary income, and 237 billion yen in consolidated net income attributable to owners of parent.
Outlook and capital policy
From the second quarter onward, earnings may vary depending on copper, nickel, and gold price movements and exchange rates. As a shareholder return measure, the Board has approved treasury stock acquisition and cancellation, and the revised earnings per share reflects these impacts. An earnings briefing is planned, and materials for institutional investors and analysts will be attached.
Sumitomo Metal Mining Co., Ltd.
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