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Sumitomo Metal Mining, Net Income Forecast for the Fiscal Year Revised Upward by 89%, Dividend Revised Upward by 52 Yen

Mon Feb 9, 2026 2:30 pm JST Earnings

5713 Sumitomo Metal Mining Co., Ltd. 【IFRS】

Earnings Report

Sumitomo Metal Mining Co., Ltd. <5713> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 9th (14:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 3.7 times that of the same period last year, reaching 108 billion yen.

In addition, the full-year forecast for consolidated net income has been revised upward 89.2%, from the previous forecast of 74.0 billion yen to 140 billion yen (compared to 16.4 billion yen in the previous period), increasing the growth rate from 4.5 times to 8.5 times.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) is expected to increase 4.3 times, from the previous forecast of 20.0 billion yen to 86.0 billion yen (compared to a loss of 30.0 billion yen in the same period of the previous year).

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 131 yen to 183 yen (compared to 104 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated net income/loss turned to a profit of 54.2 billion yen (compared to a loss of 16.8 billion yen in the same period last year).

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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 1,085,039 87,359 58,326 212.3 91.2 Feb 8, 2024 IFRS
Apr - Dec, 2024 1,192,801 48,139 29,615 107.8 153.4 Feb 12, 2025 IFRS
Apr - Dec, 2025 1,250,721 148,258 108,188 398.2 70.9 Feb 9, 2026 IFRS
YoY +4.9% +208.0% +265.3% +269.5%

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 770,639 43,185 20,060 74.2 66 Nov 10, 2025 IFRS
Oct - Mar, 2025 New 913,639 131,185 86,060 318.1 118 Feb 9, 2026 IFRS
Revision Rate +18.6% +203.8% +329.0% +329.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 1,554,000 121,000 74,000 273.5 131 Nov 10, 2025 IFRS
Mar, 2026 New 1,697,000 209,000 140,000 517.5 183 Feb 9, 2026 IFRS
Revision Rate +9.2% +72.7% +89.2% +89.2%

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 793,223 -41,608 -30,016 -109.2 55 May 9, 2025 IFRS
Oct - Mar, 2025 Guidance 913,639 131,185 86,060 318.1 118 Feb 9, 2026 IFRS
YoY +15.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,445,388 95,795 58,601 213.3 98 May 9, 2024 IFRS
Mar, 2025 1,593,348 31,383 16,487 60.0 104 May 9, 2025 IFRS
Mar, 2026 Guidance 1,697,000 209,000 140,000 517.5 183 Feb 9, 2026 IFRS
YoY +6.5% +566.0% +749.2% +762.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 392,676 -24,852 -16,888 -61.5 0.0 Feb 12, 2025 IFRS
Jan - Mar, 2025 400,547 -16,756 -13,128 -47.8 0.0 May 9, 2025 IFRS
Apr - Jun, 2025 379,600 37,901 27,438 100.3 0.0 Aug 7, 2025 IFRS
Jul - Sep, 2025 403,761 39,914 26,502 97.3 0.0 Nov 10, 2025 IFRS
Oct - Dec, 2025 467,360 70,443 54,248 199.7 0.0 Feb 9, 2026 IFRS
YoY +19.0%

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