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Nittetsu Mining, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 18%, Highest in Four Terms, Dividend Revised Upward by 5 Yen

Fri Feb 6, 2026 3:00 pm JST Earnings

1515 Nittetsu Mining CO.,Ltd. 【J-GAAP】

Earnings Report

Nittetsu Mining CO.,Ltd. <1515> [TSE Prime] announced its financial results in the afternoon session on February 6th (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 14.2 billion yen, an increase 37.8% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 17.6%, from the previous forecast of 14.2 billion yen to 16.7 billion yen (compared to 11.4 billion yen in the previous period), increasing the growth rate from 24.2% to 46.0%, reaches new record high for the first time in four terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 53.9%, from the previous forecast of 4.63 billion yen to 7.13 billion yen (compared to 4.86 billion yen in the same period of the previous year), turning to a 46.7% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 142 yen to 147 yen (compared to 224 yen before the 5-for-1 forward stock split in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 24.5% from the same period last year, reaching 4.71 billion yen. The operating profit margin improved from 6.9% in the same period last year to 8.5%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 124,532 8,927 9,840 6,447 77.5 81.6 Feb 6, 2024 J-GAAP
Apr - Dec, 2024 145,656 8,804 10,363 8,296 99.7 90.6 Feb 6, 2025 J-GAAP
Apr - Dec, 2025 151,018 13,486 14,281 9,288 118.1 85.5 Feb 6, 2026 J-GAAP
YoY +3.7% +53.2% +37.8% +12.0% +18.4%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 102,926 5,315 4,634 2,876 36.6 25 Nov 7, 2025 J-GAAP
Oct - Mar, 2025 New 111,926 7,915 7,134 3,876 49.3 30 Feb 6, 2026 J-GAAP
Revision Rate +8.7% +48.9% +53.9% +34.8% +34.8%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 196,000 13,900 14,200 9,500 120.7 48.40 Nov 7, 2025 J-GAAP
Mar, 2026 New 205,000 16,500 16,700 10,500 133.5 53.40 Feb 6, 2026 J-GAAP
Revision Rate +4.6% +18.7% +17.6% +10.5% +10.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 101,475 4,920 4,862 3,292 39.9 26.80 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 111,926 7,915 7,134 3,876 49.3 30 Feb 6, 2026 J-GAAP
YoY +10.3% +60.9% +46.7% +17.7% +23.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 166,884 11,177 12,056 6,602 79.4 33.80 May 13, 2024 J-GAAP
Mar, 2025 196,766 10,257 11,437 9,019 109.4 44.80 May 12, 2025 J-GAAP
Mar, 2026 Guidance 205,000 16,500 16,700 10,500 133.5 53.40 Feb 6, 2026 J-GAAP
YoY +4.2% +60.9% +46.0% +16.4% +22.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 50,365 3,467 3,788 2,569 30.9 6.9 Feb 6, 2025 J-GAAP
Jan - Mar, 2025 51,110 1,453 1,074 723 8.8 2.8 May 12, 2025 J-GAAP
Apr - Jun, 2025 46,132 3,620 4,496 3,297 41.9 7.8 Aug 6, 2025 J-GAAP
Jul - Sep, 2025 46,942 4,965 5,070 3,327 42.3 10.6 Nov 7, 2025 J-GAAP
Oct - Dec, 2025 57,944 4,901 4,715 2,664 33.9 8.5 Feb 6, 2026 J-GAAP
YoY +15.0% +41.4% +24.5% +3.7% +9.6%

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