TSE:5713Metals and Mining
Sumitomo Metal Mining (TSE:5713) Is Up 26.4% After Raising FY2027 Earnings Guidance - What's Changed
On August 10, 2026, Sumitomo Metal Mining revised its fiscal year ending March 31, 2027 consolidated earnings guidance, lifting expected net sales to ¥2.07 trillion and profit attributable to owners of parent to ¥216.00 billion, and also held its Q1 2027 earnings call.
The guidance revision was driven by stronger-than-expected first-quarter results and a review of production and sales plans amid recent movements in non-ferrous metal prices and exchange rates.
With this higher full-year...