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Nittetsu Mining, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 21%, Exceeded Record Profit Forecast, Dividend Revised Upward by 18 Yen

Mon May 11, 2026 3:00 pm JST Revision

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

Guidance Update Report

Nittetsu Mining CO.,Ltd. <1515> [TSE Prime] announced a revision to its performance and dividend in the afternoon session on May 11th (15:00). The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 21.0%, from the previous forecast of 16.7 billion yen to 20.2 billion yen (compared to 11.4 billion yen in the previous period), increasing the growth rate from 46.0% to 76.6%. The company has further increased its previous forecast of record profits for the first time in four years.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 49.1%, from the previous forecast of 7.13 billion yen to 10.6 billion yen (compared to 4.86 billion yen in the same period of the previous year), increasing the growth rate from 46.7% to 2.2 times.

In light of the strong performance, the company has increased its planned annual dividend for the last fiscal year from the original plan of 147 yen to 165 yen (compared to 224 yen before the 5-for-1 forward stock split in the previous period).

Kabutan News

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 111,926 7,915 7,134 3,876 49.3 30 Feb 6, 2026 J-GAAP
Oct - Mar, 2025 New 116,626 10,215 10,634 7,376 93.8 48 May 11, 2026 J-GAAP
Revision Rate +4.2% +29.1% +49.1% +90.3% +90.3%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 205,000 16,500 16,700 10,500 133.5 53.40 Feb 6, 2026 J-GAAP
Mar, 2026 New 209,700 18,800 20,200 14,000 177.9 71.40 May 11, 2026 J-GAAP
Revision Rate +2.3% +13.9% +21.0% +33.3% +33.3%

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 116,626 10,215 10,634 7,376 93.8 48 May 11, 2026 J-GAAP
YoY +14.9% +107.6% +118.7% +124.1% +134.9%

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 209,700 18,800 20,200 14,000 177.9 71.40 May 11, 2026 J-GAAP
YoY +6.6% +83.3% +76.6% +55.2% +62.7%

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