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Nittetsu Mining Co., Ltd. ( (JP:1515) ) just unveiled an announcement.
Nittetsu Mining Co., Ltd. reported consolidated net sales of ¥209.7 billion for the fiscal year ended March 31, 2026, up 6.6% year on year, with operating profit surging 83.5% to ¥18.8 billion and profit attributable to owners of parent climbing 55.6% to ¥14.0 billion. Earnings per share rose to ¥178.37 following a five-for-one stock split, while total assets expanded to ¥310.4 billion amid strong comprehensive income and higher equity.
The company sharply increased dividend payouts in the year, lifting total cash dividends to ¥5.6 billion and maintaining a payout ratio around 40%, but it forecasts profit declines in the fiscal year ending March 31, 2027 despite projecting an 10.9% rise in net sales to ¥232.5 billion. Management expects operating and ordinary profit to fall 25.6% and 43.1%, respectively, and profit attributable to owners of parent to drop 14.5%, signaling pressure on margins and earnings sustainability even as topline growth continues.
More about Nittetsu Mining Co., Ltd.
Nittetsu Mining Co., Ltd., listed on the Tokyo Stock Exchange under securities code 1515, operates in the mining and materials sector. The company’s core businesses center on mineral resource development and related industrial materials, serving a broad range of domestic and overseas industrial customers that rely on stable supplies of raw materials and processed products.
Average Trading Volume: 1,173,903
Technical Sentiment Signal: Buy
Current Market Cap: Yen204.4B
See more data about 1515 stock on TipRanks’ Stock Analysis page.