JX Advanced Metals Corporation reported revenue of ¥260.6 billion, operating profit of ¥81.4 billion and profit attributable to owners of the parent of ¥53.1 billion for the first quarter of the fiscal year ending March 2027, and raised its full-year forecast. After rising from ¥3,785 to ¥4,000 from August onward, the share price fell back to ¥3,561 on 19 August.
JX Advanced Metals Corporation announced its results for the first quarter of the fiscal year ending March 2027, reporting revenue of ¥260.6 billion, up 36.2% year on year, operating profit of ¥81.4 billion, up 178.5%, and quarterly profit attributable to owners of the parent of ¥53.1 billion, up 181.3%. The company subsequently raised its full-year forecast.
In the stock market, the share price reached ¥3,785 on 14 August and then rose to ¥4,000 on 17 August, but fell back to ¥3,561 on 19 August. Recent trading has therefore been highly volatile.
Following the earnings announcement, a major Japanese brokerage raised its target price to ¥3,800 on 19 August, while Mizuho-affiliated analysts were reported to have raised theirs on 20 August. Multiple rating updates were issued within a short period, and the market fluctuated.
A summary of the earnings report and an analysis of reasonable performance trends identify factors including increased sales of materials for AI servers, stronger demand for copper foil and titanium products, the effects of the weaker yen and higher copper prices, gains on the transfer of mining interests, investment to strengthen advanced-materials supply capacity, and preparations for CVD and ALD materials production. Risks including weather-related reductions in mine production and fluctuations in metal prices and foreign exchange rates were also noted.