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DOWA HOLDINGS surges to new high on metal price gains, projects 55% operating profit increase for March 2027
DOWA HOLDINGS CO.,LTD. <5714> rebounded sharply and hit an all-time high. After the market close on the 14th, the company announced its full-year earnings forecast for the year ending March 2027 alongside results for the year ended March 2026. DOWA HOLDINGS projects revenue of 941 billion yen, up 26.2% year-on-year, operating profit of 53 billion yen, up 55%, and net profit of 57 billion yen, down 8.7%, with buying driven by the substantial projected jump in operating profit. The smelting segment is expected to boost results through rising metal prices and increased overseas mining revenue. Net profit is forecast to decline due to the lack of one-off gains from securities sales. The company plans an annual dividend of 338 yen, compared with 368 yen in the previous period, which included a 100 yen special dividend.
For the year ended March 2026, revenue was 745.41 billion yen, up 9.8% year-on-year, operating profit was 34.192 billion yen, up 6.1%, and net profit was 62.458 billion yen, up 2.3 times. Rising metal prices buoyed the company.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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