TSE:5713Metals and Mining
Why Sumitomo Metal Mining (TSE:5713) Is Up 15.4% After Upgrading Full-Year Profit Guidance - And What's Next
In August 2026, Sumitomo Metal Mining Co., Ltd. raised its consolidated earnings guidance for the fiscal year ending March 31, 2027, projecting net sales of ¥2.07 trillion, profit of ¥237 billion, profit attributable to owners of parent of ¥216 billion, and basic earnings per share of ¥803.95.
The sharp uplift in guidance, driven by revised production and sales plans alongside more supportive non-ferrous metal prices and exchange rates, highlights how quickly the company’s earnings outlook...