Nittetsu Mining Co.,Ltd. [1515.T]
TOKYO, May 13 (Pulse News Wire) – Nittetsu Mining CO.,LTD. (1515.T) reported robust operating profit of ¥22.70 billion and net income of ¥34.60 billion for fiscal year 2025, marking significant growth compared to the previous year.
Revenue reached ¥2 billion, driven by higher domestic sales prices for refined copper and improved production costs in its metal mining division. However, the company anticipates a challenging FY2026 due to increased exploration expenses and reduced property sale gains. It projects operating profit to decline to ¥14.00 billion amid rising labor costs and operational expenses associated with the upcoming launch of the Alcarros mine project in July-September 2026.
Capital efficiency initiatives, such as policy stock divestitures and share buybacks, aim to bolster shareholder returns despite anticipated revenue headwinds. In addition, Nittetsu Mining highlighted plans to enhance long-term profitability through strategic investments and portfolio optimization, targeting a reduction in non-core asset holdings and improving capital structure ratios. The firm also reaffirmed its commitment to maintaining a stable dividend payout ratio while balancing growth opportunities and financial prudence.
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