Mitsui Kinzoku Lifts Profit Outlook and Ups Dividend on Strong Copper Foil Demand

Mitsui Kinzoku Co ( (JP:5706) ) has provided an announcement.

Mitsui Kinzoku has sharply upgraded its full-year forecast for the year ending March 31, 2026, citing stronger-than-expected demand in its Engineered Materials segment for ultra-thin copper foil with carrier and electro-deposited copper foil used in high-frequency circuit boards for AI servers. The company also expects higher profits in its Metals segment driven by rising metal prices, a weaker yen, and improved inventory factors, lifting projected net sales to ¥750 billion and profit attributable to owners of the parent to ¥77 billion, both above the prior year.

Reflecting these stronger earnings expectations and the adoption of a progressive dividend policy targeting a dividend on equity of about 3.5%, Mitsui Kinzoku raised its year-end dividend forecast from ¥110 to ¥140 per share. Combined with an interim dividend of ¥100 per share, the annual dividend is now forecast at ¥240, signaling a meaningful step-up in shareholder returns compared with the previous fiscal year’s ¥180 payout.

The most recent analyst rating on (JP:5706) stock is a Buy with a Yen24886.00 price target. To see the full list of analyst forecasts on Mitsui Kinzoku Co stock, see the JP:5706 Stock Forecast page.

More about Mitsui Kinzoku Co

Mitsui Kinzoku Co., Ltd. is a Japanese nonferrous metals and materials manufacturer listed on the TSE Prime Market. The company operates businesses including Metals and Engineered Materials, supplying products such as ultra-thin copper foil and electro-deposited copper foil used in high-frequency circuit boards for advanced applications like AI servers.

Average Trading Volume: 2,176,776

Technical Sentiment Signal: Buy

Current Market Cap: Yen1340.8B

For a thorough assessment of 5706 stock, go to TipRanks’ Stock Analysis page.