Sumitomo Metal Mining (5713) Q2 2025 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2024, rose 11.6% year-over-year to ¥800,125 million, with profit before tax up 35.7% to ¥72,991 million.

• Profit attributable to owners of parent increased 22.9% year-over-year to ¥46,503 million.

• Basic earnings per share for the period were ¥169.25, up from ¥137.76 in the prior year period.

Financial highlights

• Total assets as of September 30, 2024, reached ¥3,260,216 million, with total equity at ¥2,169,062 million.

• Equity attributable to owners of parent ratio improved to 60.0% from 59.0% as of March 31, 2024.

• Interim dividend per share set at ¥50, with full-year forecast at ¥99 per share.

Outlook and guidance

• Full-year net sales forecast revised to ¥1,555,000 million, up 7.6% year-over-year.

• Profit attributable to owners of parent projected at ¥67,000 million, a 14.3% increase year-over-year.

• Basic earnings per share for the full year expected to be ¥243.85.