Mitsui Kinzoku Company falls sharply as operating profit forecast to decline 31% for fiscal March 2027 due to loss of inventory valuation gains

Thu May 14, 2026 9:35 am JST Catalyst

Mitsui Kinzoku Company, Limited <5706> fell sharply after the company announced its consolidated financial results for the fiscal year ended March 2026 and disclosed its full-year earnings forecast for the fiscal year ending March 2027. Following the close on May 13, Mitsui Kinzoku projected sales of 830 billion yen (up 9.4%) and operating profit of 91 billion yen (down 30.5%), prompting selling on concerns over the significant profit decline. While key functional materials, such as "VSP" high-frequency copper foil and ultra-thin copper foil for printed circuit boards, are expected to remain strong, profits will be pressured by the loss of inventory valuation gains from the previous year’s yen depreciation and rising metal prices. The annual dividend is forecast at 280 yen, up from 245 yen in the previous year.

For the fiscal year ended March 2026, sales totaled 758.53 billion yen (up 6.5%) and operating profit reached 130.91 billion yen (up 75.1%). Sales volumes for VSP and ultra-thin copper foil rose amid robust demand for high-end AI servers, while rising non-ferrous metal prices and favorable inventory valuation effects provided significant tailwinds.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

Mitsui Kinzoku Company falls sharply as operating profit forecast to decline 31% for fiscal March 2027 due to loss of inventory valuation gains

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