Against a backdrop of expanding demand related to AI servers, JX金属 reported first-half revenue of ¥531.4 billion for the fiscal year ending March 2027, up 34.1% year on year, and operating profit of ¥150.7 billion, 2.2 times the year-earlier level, and raised its full-year earnings forecast.
Against a backdrop of expanding demand related to AI servers, a weaker yen and higher copper prices, JX金属's first-half revenue was ¥531.4 billion and operating profit reached ¥150.7 billion. Performance improved substantially from the year-earlier period.
Factors driving the company's performance include higher sales of sputtering targets for semiconductors and rolled copper foil, as well as increased selling, general and administrative expenses in the semiconductor materials field. The weaker yen and higher copper prices also contributed.
The semiconductor materials business was described as delivering "substantial profit growth," reflecting strong performance, while expanding demand for AI servers contributed to higher overall profit.
The company reportedly raised its full-year earnings forecast in response to these conditions.