(Millions of yen)

As a result, consolidated net sales amounted to ¥1,844.053 billion (down 6.0% year-on-year) and consolidated operating profit amounted to ¥60.502 billion (up 63.0% year-on-year).

Consolidated ordinary profit increased to ¥97.556 billion (up 62.0% year-on-year), mainly due to the recognition of foreign exchange gains, higher equity-method earnings, and increased dividend income from mines.

Profit attributable to owners of parent increased to ¥40.581 billion (up 19.1% year-on-year), despite the absence of gains on changes in equity recorded in the previous fiscal year and the recognition of impairment losses associated with the fundamental structural reforms.

(Billions of yen)

In the Metals business, net sales declined year-on-year, mainly due to a decrease in gold production. Operating profit increased, despite a deterioration in concentrate purchase terms (TC/RC), primarily due to higher copper and gold prices. Ordinary profit also rose, mainly due to higher dividend income from mines and an improvement in equity-method earnings.

(Billions of yen)

In the Advanced Products business, performance was supported by an increase in sales volumes in the Copper & Copper Alloy business, together with rising copper prices. In the Electronic Materials & Components business, sales of chemical products and seal products declined, although demand for some semiconductor-related products continued to show a gradual recovery.

As a result, net sales, operating profit, and ordinary profit all increased year-on-year.

(Billions of yen)

In the Metalworking Solutions business, the Company made H.C. Starck Holding (Germany) GmbH a consolidated subsidiary in December 2024, and as a result, net sales increased year-on-year. In addition, operating profit and ordinary profit rose primarily due to the effects of price increases and increased sales of cemented carbide and tungsten products.

(Billions of yen)

In the Renewable Energy business, net sales and operating profit declined year-on-year, as operations at the Appi Geothermal Power Plant had been suspended following a lightning strike in April 2025. Ordinary profit also declined, reflecting lower equity-method earnings.