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The latest update is out from Pacific Metals Co., Ltd. ( (JP:5541) ).
Pacific Metals Co., Ltd. said it will book a ¥2.275 billion reversal of previous inventory write-downs, mainly in its nickel business, as lower stock levels and improved selling prices reduce cost of sales. The company also expects a stronger contribution of ¥7.875 billion in equity-method profits, driven largely by robust demand supporting affiliates in the Philippines.
Reflecting these factors, the group sharply upgraded its forecast for the year to March 31, 2026, now projecting a return to profit with ordinary profit of ¥3.323 billion and profit attributable to owners of parent of ¥2.61 billion. Management cautioned that the macro environment remains uncertain amid weak Chinese real estate and geopolitical tensions, but sees its current responses as aligned with its long-term strategy and does not expect recent Middle East tensions to significantly affect this fiscal year’s results.
More about Pacific Metals Co., Ltd.
Pacific Metals Co., Ltd. is a Japanese metals producer listed on the TSE Prime Market, with core operations in ferronickel and other nickel-related businesses. The company is exposed to global commodity cycles and demand trends, particularly in Asian markets such as the Philippines, and remains focused on profitability-based volume control and its medium to long-term strategy PAMCOvision 2031.
Average Trading Volume: 535,955
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.46B
Learn more about 5541 stock on TipRanks’ Stock Analysis page.