Nippon Steel Mining Co., Ltd. (1515) Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026

Performance Overview

In the cumulative consolidated period for the third quarter of the fiscal year ending March 2026, net sales reached JPY 151.018 billion (3.7% Year-over-Year increase), driven by higher revenues in the ore segment and real estate business. Operating income rose substantially to JPY 13.486 billion (53.2% Year-over-Year increase), primarily due to increased profits in the resource and real estate businesses. Ordinary income was JPY 14.281 billion (37.8% Year-over-Year increase), and net income attributable to owners of parent was JPY 9.288 billion (12.0% Year-over-Year increase). By segment, performance was boosted by rising limestone sales prices in the ore segment, higher copper prices in the metal segment, and increased sales of real estate for sale in the real estate business.

Financial Position and Outlook

Total assets amounted to JPY 288.795 billion (20.2% increase from the previous consolidated fiscal year-end), with growth noted in both current and fixed assets. Conversely, total liabilities significantly increased to JPY 128.932 billion (46.2% increase), mainly due to a rise in long-term borrowings. Total net assets were JPY 159.863 billion (5.2% increase). There has been a revision to the consolidated earnings forecast for the fiscal year ending March 2026, previously announced on November 7, 2025. For details, please refer separately to the 'Notice Regarding Revision of Earnings Guidance and Year-End Dividend Forecast.'