JX Advanced MetalsJX Advanced Metals Corporation5016東証プライム非鉄金属FY ending Mar 2026, consolidated, IFRS

JX Advanced Metals FY ending Mar 2026 results

About 44% of JX Advanced Metals's sales come from Metals and Recycling, with ICT materials and Semiconductor materials making up much of the rest.

Out of every ¥100 of sales, about ¥20 is left as operating profit.

Revenue changed +23.7% from the prior year, operating profit +55.5%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +23.7% · profit +55.5%, calculated from disclosed figures.

Operating leverage: 2.34× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +23.7%¥714.9B → ¥884.6B
Gross profit: +28.5%¥157B → ¥201.7B
Operating income: +55.5%¥112.5B → ¥175B
Net income attributable to owners: +53.3%¥68.3B → ¥104.6B
Operating cash flow: -50.1%¥215.4B → ¥107.5B
Free cash flow: -78.9%¥152.1B → ¥32B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥884.6B, up 23.7% from ¥714.9B the year before.
Profit grew faster than sales: operating income rose 55.5% to ¥175B, and net income attributable to owners rose 53.3% to ¥104.6B.
Cash told a different story. Operating cash flow fell 50.1% to ¥107.5B, leaving free cash flow at ¥32B.

What drove the change

Continued AI-related investment lifted sales of its main products, including sputtering targets for chips and rolled copper foil.
Higher copper prices boosted Metals and Recycling, while a stronger yen held profits back.
Operating cash flow was weighed down by larger receivables and inventories and by income tax payments.

Things to watch

Terms for buying copper concentrate have worsened sharply, and the group is considering cutting output at its smelters.
If the chip market shrinks, the company could end up with excess production and inventory.
Sudden, large swings in metal prices or exchange rates could hit results.

Annual Securities Report, 24th fiscal period (Apr 2025 – Mar 2026) / Management's Discussion and Analysis · Annual Securities Report, 24th fiscal period (Apr 2025 – Mar 2026) / Business Risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 JX Advanced Metals sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥77
SG&A: ¥12
Other costs: ¥9
Operating profit: ¥20
Net profit kept: ¥12

Annual margin trends

Gross margin22.8%

Operating margin19.8%

Net margin11.8%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Metals and Recycling¥390.9B
44%
Op. margin 35.7%Industry: Non-ferrous Metals & Wires
ICT materials¥314.6B
36%
Op. margin 10.0%Industry: Electronic Components
Semiconductor materials¥176.6B
20%
Op. margin 22.4%Industry: Semiconductor Materials
Other¥2.57B
0%
Op. margin 71.0%

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (2)

EDINET (FSA Japan)
有価証券報告書－第24期(2025/04/01－2026/03/31)
ID S100YINW2026-06-24Open
EDINET (FSA Japan)
訂正有価証券報告書－第23期(2024/04/01－2025/03/31)
ID S100W9AH2025-06-30Open

Extracted from XBRL: 45 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

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