Regarding the Revision of Earnings Forecast

Overview of the results

Mitsubishi Aluminum Corp. revised its earnings forecast for the accumulated second quarter of the fiscal year ending March 2027. Revenue is in line with the initial forecast, while operating profit is expected to exceed the initial forecast. For the second quarter, the figures shown include revenue of 80,500 million yen, ordinary income of 2,200 million yen, and interim net income attributable to owners of the parent of 1,200 million yen. The primary drivers are the earlier-than-expected resolution of blast furnace troubles in the first quarter and improved performance in the raw materials and equipment segments. The full-year revenue forecast remains unchanged from the initial forecast.

Outlook and drivers

Given the ongoing uncertain business environment, including geopolitical tensions in the Middle East, the full-year outlook remains unchanged. The resolution of the first-quarter troubles and improvements across business areas are expected to continue into the second quarter, contributing to an overall uplift in operating profit. Exchange rate fluctuations and changes in market conditions may affect the feasibility of achieving the full-year forecast.