Nittetsu Mining Co., Ltd.

2026/02/17 Updated
Market Cap: $2.1B (¥328.9B)
Stock Price: $27.21 (¥4,180)
Exchange Rate: 1 USD = ¥153.61

Notice Regarding Revision of Earnings Guidance and Revision of Year-End Dividend Forecast

The consolidated earnings guidance for the fiscal year ending March 2026 has been revised upwards to net sales of JPY 205,000 million (4.6% increase from previous forecast), operating income of JPY 16,500 million (18.7% increase), and net income attributable to owners of parent of JPY 10,500 million (10.5% increase). The year-end dividend has also been raised to JPY 30 (post-stock split).

Importance:
Page Updated: February 6, 2026
IR Disclosure Date: February 6, 2026

Key Figures

  • Net Sales: JPY 205,000 million (4.6% increase from previous forecast)
  • Operating Income: JPY 16,500 million (18.7% increase from previous forecast)
  • Net Income Attributable to Owners of Parent: JPY 10,500 million (10.5% increase from previous forecast)

AI要約

Overview of Revision to Earnings Guidance

The consolidated earnings guidance for the full fiscal year ending March 2026 has been revised to net sales of JPY 205,000 million (4.6% increase from previous forecast), operating income of JPY 16,500 million (18.7% increase), ordinary income of JPY 16,700 million (17.6% increase), and net income attributable to owners of parent of JPY 10,500 million (10.5% increase). The main factors are the rise in copper prices within the metals segment and higher than anticipated sales premiums. The assumed exchange rate is JPY 150/USD.

Revision of Year-End Dividend Forecast and Dividend Policy

The year-end dividend forecast has been increased by JPY 5 from the previous JPY 25 to JPY 30 (post-stock split). Based on a consolidated dividend payout ratio target of 40% and a policy setting a dividend floor at JPY 34 per share (pre-stock split equivalent of JPY 170), the dividend increase was decided reflecting the upward revision of earnings. Additionally, the ordinary shares were split 1-for-5 on October 1, 2025.

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