IR Materials

Financial Performance Overview

Nippon Steel & Mining has upwardly revised its consolidated earnings forecast for the fiscal year ending March 2026, with sales projected at 209,700 million yen (an increase of 4,700 million yen from the previous forecast). Operating income, ordinary income, and net profit are also expected to increase respectively. Contributing factors include rising copper prices in the metal segment, yen depreciation, and delayed growth investments in exploration expenses, leading to improved profits. The forecast for dividends for the fiscal year ending March 2026 has been raised to 48 yen, maintaining a payout ratio of 40%, while the dividend amount post-stock split has also increased.

Impact on Shareholders and Future Outlook

This earnings revision will result in increased dividends for shareholders and an improved dividend yield post-stock split. Continued support from stable metal prices and exchange gains is expected to sustain the business performance. The company will continue to monitor metal market conditions and exchange rate movements while balancing growth investments and shareholder returns.