JX Advanced Metals (5016) Q1 2027 earnings summary

Executive summary

• Achieved significant year-over-year growth in revenue and operating profit for FY2026 1Q, driven by strong demand in semiconductor and ICT materials, favorable exchange rates, and one-off gains from asset sales.

• Net sales rose 36.2% year-over-year to ¥260,604 million for the quarter ended June 30, 2026.

• Operating profit surged 175.5% year-over-year to ¥81,446 million.

• Profit attributable to owners of parent increased 181.3% year-over-year to ¥53,070 million.

• Comprehensive income attributable to owners of parent reached ¥67,553 million, up from ¥10,893 million a year earlier.

Financial highlights

• FY2026 1Q revenue rose 36% year-over-year to ¥260.6 billion; operating profit surged 175% to ¥81.4 billion.

• Net profit attributable to owners of parent increased 181% to ¥53.1 billion.

• Focus Businesses revenue up 24% and operating profit up 70% year-over-year.

• Gross profit improved to ¥58,748 million from ¥41,989 million year-over-year.

• Basic earnings per share rose to ¥56.80 from ¥20.35 year-over-year.

Outlook and guidance

• FY2026 full-year revenue forecast raised to ¥1,025.0 billion (+10% vs. May); operating profit forecast increased to ¥232.0 billion (+22%).

• Full-year net sales forecast at ¥1,025,000 million, up 15.9% year-over-year.

• Profit attributable to owners of parent expected to reach ¥141,000 million, up 34.7% year-over-year.

• Basic earnings per share forecasted at ¥155.80.

• Dividend policy revised, with annual dividend forecast at ¥31.00 per share for FY2027.