Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 10 August 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Major nonferrous metal prices were forecast based on current levels together with the expected future supply-demand balance, and the production and sales plans for each business were reviewed. Foreign exchange rates were forecast taking into account the levels at the end of the interim consolidated accounting period and the direction of monetary policy in Japan and the United States. The results of recognizing an impairment loss during the interim consolidated accounting period were also taken into account.
Impairment loss of ¥42,553 million in the smelting segment (related to Coral Bay Nickel Corporation)
| Item | Details |
|---|---|
| Net Sales | 2,065,000 Million yen → 2,135,000 Million yen（+3.4%） |
| Profit attributable to owners of the parent | 216,000 Million yen → 161,000 Million yen（-25.5%） |
| Net income per share | Not disclosed → 599.25 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 10 August 2026 |
| Previous-period results | Revenue ¥1,741,586 million, profit before tax ¥255,680 million, net income ¥188,739 million, and profit attributable to owners of the parent ¥176,290 million (fiscal year ended March 2026) |
| Reason for the revision | Major nonferrous metal prices were forecast based on current levels together with the expected future supply-demand balance, and the production and sales plans for each business were reviewed. Foreign exchange rates were forecast taking into account the levels at the end of the interim consolidated accounting period and the direction of monetary policy in Japan and the United States. The results of recognizing an impairment loss during the interim consolidated accounting period were also taken into account. |
| Details and amount of extraordinary loss | Impairment loss of ¥42,553 million in the smelting segment (related to Coral Bay Nickel Corporation) |
| Dividend forecast revision | No change |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 reviewed its assumptions for major nonferrous metal prices based on current levels and the expected future supply-demand balance, and also revised its production and sales plans and foreign exchange assumptions. It also reflected the impairment loss recognized during the interim period in the full-year forecast.