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Nittetsu Mining, 20% Decrease in Ordinary Profit for The Current Fiscal Year, Despite Last Fiscal Year's Dividend Increase, This Fiscal Year to Decrease Dividend

Mon May 12, 2025 1:30 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 May 12th (13:30). The consolidated ordinary profit for the fiscal year ending March 2025 decreased 5.1% from the previous period to 11.4 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to decrease by 19.6% from the previous period to 9.2 billion yen. This will be the fourth consecutive term of declining profits.

At the same time, the company increased the annual dividend for the previous term from 216 yen to 224 yen (compared to 169 yen in the prior term), and has decided to reduce the dividend this fiscal year to 183 yen, a decrease of 41 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit significantly dropped to 1.07 billion yen, a 51.5% decrease compared to the same period last year. The operating profit margin worsened from 5.3% in the same period last year to 2.8%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 164,020 13,632 13,204 9,780 117.6 35.50 May 12, 2023 J-GAAP
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
YoY +17.9% -8.2% -5.1% +36.6% +37.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 194,000 11,000 11,500 8,500 108.0 43.20 Feb 6, 2025 J-GAAP
Mar, 2025 Results 196,766 10,257 11,437 9,019 109.4 44.80 May 12, 2025 J-GAAP
Revision Rate +1.4% -6.8% -0.5% +6.1% +1.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 95,291 5,337 6,575 5,727 68.9 18 Nov 7, 2024 J-GAAP
Apr - Sep, 2025 Guidance ー ー ー ー － 18.20 May 12, 2025 J-GAAP
YoY － － － － －

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 176,000 9,100 9,200 7,200 91.5 36.60 May 12, 2025 J-GAAP
YoY -10.6% -11.3% -19.6% -20.2% -16.3%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 42,352 2,250 2,216 155 1.9 5.3 May 13, 2024 J-GAAP
Apr - Jun, 2024 46,934 4,607 4,044 4,213 50.7 9.8 Aug 6, 2024 J-GAAP
Jul - Sep, 2024 48,357 730 2,531 1,514 18.2 1.5 Nov 7, 2024 J-GAAP
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
YoY +20.7% -35.4% -51.5% +366.5% +371.5%

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