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Presentation materials for financial results5016JX Advanced Metals CorporationIron & Steel, Nonferrous Metals

Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, both net sales and operating income/loss substantially exceeded the year-earlier period, with operating income/loss reaching ¥81.4 billion. The full-year forecast has also been revised upward, with projected operating income/loss raised from the ¥190.0 billion announced in May to ¥232.0 billion.

Worth reading
74In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
518
Hundreds of millions of yen
Wording
Definitive
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202712 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales2,606 Hundreds of millions of yen+36.0%
Operating profit814 Hundreds of millions of yen+175.0%
Net income604 Hundreds of millions of yen+160.0%
Results for the three months of the current quarterNet sales: ¥260.6 billion; operating income/loss: ¥81.4 billion; profit before tax: ¥79.6 billion; profit for the period: ¥60.4 billion; profit for the period attributable to owners of the parent: ¥53.1 billion
Full-year earnings forecast
Net Sales
10,250 Hundreds of millions of yen
Operating profit (loss)
2,320 Hundreds of millions of yen
Profit before tax
2,210 Hundreds of millions of yen
Profit for the period
1,740 Hundreds of millions of yen
Profit for the period attributable to owners of the parent
1,410 Hundreds of millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing steadily
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in first-quarter operating income/loss
One-off factors191
Foreign exchange rates, copper prices and other factors265
Volume variance—Focus business78
Volume variance—Base business-32
Cost variance and other factors16
Change from the previous full-year operating income/loss forecast
Foreign exchange rates, copper prices and other factors402
Volume variance—Focus business30
Volume variance—Base business-93
Cost variance and other factors81
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Foreign exchange rate, July to September160 JPY/USD, ¢/lb
Foreign exchange rate, October to March155 JPY/USD, ¢/lb
LME copper price580 JPY/USD, ¢/lb
New initiatives
  • Increase production capacity for semiconductor targets, magnetic material targets, InP substrates and tantalum powder, among other products
  • Investment in automation of the semiconductor target processing line at Taiwan Nikko Metals
  • Integration of the copper concentrate purchasing and electrolytic copper sales businesses
  • Increase production capacity for water leak detection systems for AI data centers
Key KPIsA metric the company considers important as a management benchmark.
  • Semiconductor target sales volume26 % year on year
    Year on year against the same period last year+26.0%
  • Magnetic material target sales volume8 % year on year
    Year on year against the same period last year+8.0%
  • InP substrate sales volume8 % year on year
    Year on year against the same period last year+8.0%
  • TaNb sales volume89 % year on year
    Year on year against the same period last year+89.0%
  • Rolled copper foil sales volume3 % year on year
    Year on year against the same period last year+3.0%
  • Titanium-copper sales volume42 % year on year
    Year on year against the same period last year+42.0%
  • Global share of the semiconductor target market65 %
  • Global share of the rolled copper foil market78 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Year-on-year change in sales volume, and selling price improvement and volume variance in the operating income/loss variance analysis
Segment results
Semiconductor Materials
Net Sales
521 Hundreds of millions of yen+34.0%
Operating profit (loss)
144 Hundreds of millions of yen+69.0%
Information and communications materials
Net Sales
931 Hundreds of millions of yen+19.0%
Operating profit (loss)
131 Hundreds of millions of yen+70.0%
Basic materials
Net Sales
1,237 Hundreds of millions of yen+65.0%
Operating profit (loss)
568 Hundreds of millions of yen+289.0%
Other
Net Sales
-83 Hundreds of millions of yen
Operating profit (loss)
-29 Hundreds of millions of yen
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Mine production cuts due to adverse weather in Chile-60 Hundreds of millions of yen
Market Size / Share
  • MLCC market growth rate for AI servers20-40%
  • AI server shipment growth rate29.6 CAGR, 2025–2030
  • Global share of the semiconductor target market65 %
  • Global share of the rolled copper foil market78 %
Annual Dividend
¥20 per share
Interim10
End of period10
Payout ratio
13 %
Total payout ratio151
Acquisition of treasury shares
1,949 Hundreds of millions of yen
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales2,606 Hundreds of millions of yen (YoY +36.0%)
Operating profit814 Hundreds of millions of yen (YoY +175.0%)
Net income604 Hundreds of millions of yen (YoY +160.0%)
Results for the three months of the current quarterNet sales: ¥260.6 billion; operating income/loss: ¥81.4 billion; profit before tax: ¥79.6 billion; profit for the period: ¥60.4 billion; profit for the period attributable to owners of the parent: ¥53.1 billion
Full-year earnings forecastNet Sales 10,250 Hundreds of millions of yen / Operating profit (loss) 2,320 Hundreds of millions of yen / Profit before tax 2,210 Hundreds of millions of yen / Profit for the period 1,740 Hundreds of millions of yen / Profit for the period attributable to owners of the parent 1,410 Hundreds of millions of yen
Self-assessment against the planProgressing steadily
Segment resultsSemiconductor Materials Net Sales 521 Hundreds of millions of yen (YoY +34.0%) / Operating profit (loss) 144 Hundreds of millions of yen (YoY +69.0%) / Information and communications materials Net Sales 931 Hundreds of millions of yen (YoY +19.0%) / Operating profit (loss) 131 Hundreds of millions of yen (YoY +70.0%) / Basic materials Net Sales 1,237 Hundreds of millions of yen (YoY +65.0%) / Operating profit (loss) 568 Hundreds of millions of yen (YoY +289.0%) / Other Net Sales -83 Hundreds of millions of yen / Operating profit (loss) -29 Hundreds of millions of yen
Breakdown of Factors Affecting the ChangeYear-on-year change in first-quarter operating income/loss One-off factors 191 / Foreign exchange rates, copper prices and other factors 265 / Volume variance—Focus business 78 / Volume variance—Base business -32 / Cost variance and other factors 16 / Change from the previous full-year operating income/loss forecast Foreign exchange rates, copper prices and other factors 402 / Volume variance—Focus business 30 / Volume variance—Base business -93 / Cost variance and other factors 81
Key KPIsIndicator Semiconductor target sales volume / Value 26 % year on year / Year on year against the same period last year 26 % year on year, Indicator Magnetic material target sales volume / Value 8 % year on year / Year on year against the same period last year 8 % year on year, Indicator InP substrate sales volume / Value 8 % year on year / Year on year against the same period last year 8 % year on year, Indicator TaNb sales volume / Value 89 % year on year / Year on year against the same period last year 89 % year on year, Indicator Rolled copper foil sales volume / Value 3 % year on year / Year on year against the same period last year 3 % year on year, Indicator Titanium-copper sales volume / Value 42 % year on year / Year on year against the same period last year 42 % year on year, Indicator Global share of the semiconductor target market / Value 65 % / Year on year against the same period last year Not disclosed, Indicator Global share of the rolled copper foil market / Value 78 % / Year on year against the same period last year Not disclosed
Unit price and quantity metricsYear-on-year change in sales volume, and selling price improvement and volume variance in the operating income/loss variance analysis
Assumptions Underlying the Business OutlookForeign exchange rate, July to September 160 JPY/USD, ¢/lb / Foreign exchange rate, October to March 155 JPY/USD, ¢/lb / LME copper price 580 JPY/USD, ¢/lb
Risk amount incorporated into the outlookMine production cuts due to adverse weather in Chile -60 Hundreds of millions of yen
Annual Dividend¥20 per share
Payout ratio13 %
Acquisition of treasury sharesAmount 1,949 Hundreds of millions of yen / Number of Shares Not disclosed / Period Not disclosed
Market Size / ShareIndicator MLCC market growth rate for AI servers / Value 20-40%, Indicator AI server shipment growth rate / Value 29.6 CAGR, 2025–2030, Indicator Global share of the semiconductor target market / Value 65 %, Indicator Global share of the rolled copper foil market / Value 78 %
New initiativesIncrease production capacity for semiconductor targets, magnetic material targets, InP substrates and tantalum powder, among other products, Investment in automation of the semiconductor target processing line at Taiwan Nikko Metals, Integration of the copper concentrate purchasing and electrolytic copper sales businesses, Increase production capacity for water leak detection systems for AI data centers
Items this document does not state (12)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesMedium-term management plan targetsFinancial targetsCapital expendituresOrders received and order backlogKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In the first quarter, market factors such as yen depreciation and higher copper prices, gains on the sale of part of the Caserones interests, and increased sales in the Focus and Base businesses pushed up operating income/loss. The upward revision to the full-year forecast reflects revised foreign exchange and copper price assumptions, increased sales and improved selling prices in the Focus business, and improved sulfuric acid margins, among other factors.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Briefing Materials on Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | JX Advanced Metals Corporation (5016) timely disclosure | Komori