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Revision to earnings forecast5707Toho Zinc Co.,Ltd.Iron and Steel, Nonferrous Metals

Notice Regarding Revisions to Full-Year Earnings Forecast

The full-year earnings forecast for the fiscal year ending March 2027 was revised downward. Revenue is expected to decrease 26.6%, operating income 50.7%, ordinary income 64.4%, and net income attributable to owners of the parent 76.8%.

Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-76.8
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026
Net Sales178,500→131,000Millions of yen
-26.6%
Operating profit6,700→3,300Millions of yen
-50.7%
Ordinary income4,500→1,600Millions of yen
-64.4%
Profit attributable to owners of the parent3,450→800Millions of yen
-76.8%
Net income per share116.07→18.5Yen
-84.1%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

Revenue is expected to fall short of the previous forecast, mainly due to lower silver prices and production constraints resulting from ore grade. Profit is also expected to fall short of the previous forecast due to these factors, as well as TC and RC, the treatment and refining charges included in the purchase terms for ore, remaining at historically low levels, among other factors.

Previous-period resultsRevenue ¥125,550 million, operating income ¥6,722 million, ordinary income ¥5,678 million, net income attributable to owners of the parent ¥4,782 million, earnings per share ¥161.88 (fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales178,500 Millions of yen → 131,000 Millions of yen(-26.6%)
Operating profit6,700 Millions of yen → 3,300 Millions of yen(-50.7%)
Ordinary income4,500 Millions of yen → 1,600 Millions of yen(-64.4%)
Profit attributable to owners of the parent3,450 Millions of yen → 800 Millions of yen(-76.8%)
Net income per share116.07 Yen → 18.5 Yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast14 May 2026
Previous-period resultsRevenue ¥125,550 million, operating income ¥6,722 million, ordinary income ¥5,678 million, net income attributable to owners of the parent ¥4,782 million, earnings per share ¥161.88 (fiscal year ended March 2026)
Reason for the revisionRevenue is expected to fall short of the previous forecast, mainly due to lower silver prices and production constraints resulting from ore grade. Profit is also expected to fall short of the previous forecast due to these factors, as well as TC and RC, the treatment and refining charges included in the purchase terms for ore, remaining at historically low levels, among other factors.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

The company expects earnings to fall short of the previous forecast due to factors including lower silver prices, production constraints resulting from ore grade, and TC and RC, the treatment and refining charges included in the purchase terms for ore, remaining at historically low levels.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Full-Year Earnings Forecast | Toho Zinc Co.,Ltd. (5707) timely disclosure | Komori