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Nittetsu Mining Co., Ltd. ( (JP:1515) ) has issued an update.
Nittetsu Mining Co., Ltd. revised upward its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing higher-than-expected copper prices and sales premiums in its Metallic Minerals Division. Net sales are now projected at ¥205 billion, operating profit at ¥16.5 billion, ordinary profit at ¥16.7 billion, and profit attributable to owners of parent at ¥10.5 billion, all above the previous guidance and last year’s results, with earnings per share forecast to rise to ¥133.45. Reflecting stronger profitability and a policy targeting a 40% consolidated payout ratio or a minimum per-share dividend, the company also raised its year-end dividend forecast to ¥30 per share (post-split), up ¥5 from the earlier projection, signaling improved returns for shareholders amid favorable copper price and forex assumptions.
The most recent analyst rating on (JP:1515) stock is a Buy with a Yen4456.00 price target. To see the full list of analyst forecasts on Nittetsu Mining Co., Ltd. stock, see the JP:1515 Stock Forecast page.
More about Nittetsu Mining Co., Ltd.
Nittetsu Mining Co., Ltd. is a Japan-based resources and materials company listed on the TSE Prime Market, engaged in mining and related businesses including a Metallic Minerals Division that is heavily exposed to global copper markets and foreign exchange conditions.
Average Trading Volume: 885,916
Technical Sentiment Signal: Buy
Current Market Cap: Yen317.9B
For a thorough assessment of 1515 stock, go to TipRanks’ Stock Analysis page.