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The latest update is out from Sumitomo Metal Mining Co ( (JP:5713) ).
Sumitomo Metal Mining has sharply raised its consolidated forecast for the fiscal year ending March 31, 2026, projecting net sales of ¥1.697 trillion and profit attributable to owners of the parent of ¥140 billion. This represents a roughly 9% increase in sales and an almost 90% jump in bottom-line profit versus its November outlook, with basic earnings per share now expected to almost double to ¥515.83.
The revision follows a review of production and sales plans after the third quarter, factoring in more favorable non-ferrous metal prices, exchange rates, and operational trends. The upgraded guidance signals a stronger-than-expected earnings recovery from FY2024 levels and underscores improved profitability in its core metals businesses, with implications for higher shareholder returns and a firmer competitive position if conditions persist.
The most recent analyst rating on (JP:5713) stock is a Hold with a Yen8581.00 price target. To see the full list of analyst forecasts on Sumitomo Metal Mining Co stock, see the JP:5713 Stock Forecast page.
More about Sumitomo Metal Mining Co
Sumitomo Metal Mining Co., Ltd. is a Japanese non-ferrous metals producer engaged in mining, smelting, refining, and materials businesses. The company focuses on the production and sale of key non-ferrous metals and related materials, with earnings highly sensitive to metal price trends and foreign exchange movements in global commodity markets.
YTD Price Performance: 37.72%
Average Trading Volume: 4,602,073
Technical Sentiment Signal: Buy
Current Market Cap: Yen2405.6B
Learn more about 5713 stock on TipRanks’ Stock Analysis page.