Mitsui KinzokuMitsui Kinzoku Company, Limited5706東証プライム非鉄金属FY ending Mar 2026, consolidated, J-GAAP

Mitsui Kinzoku FY ending Mar 2026 results

About 42% of Mitsui Kinzoku's sales come from Engineered Materials Sector, with Metals sector and Other Business sector making up much of the rest.

Out of every ¥100 of sales, about ¥17 is left as operating profit.

Revenue changed +6.5% from the prior year, operating profit +75.1%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +6.5% · profit +75.1%, calculated from disclosed figures.

Operating leverage: 11.59× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+6.5%¥712.3B → ¥758.5B
Gross profit
+34.9%¥150.2B → ¥202.6B
Operating income
+75.1%¥74.7B → ¥130.9B
Net income attributable to owners
+41.1%¥64.7B → ¥91.3B
Operating cash flow
+14.1%¥76.7B → ¥87.5B
Free cash flow
+13.8%¥45.3B → ¥51.6B

Results at a glance

  • Revenue for FY ending Mar 2026 was ¥758.5B, up +6.5% from ¥712.3B.
  • Operating income rose +75.1% from ¥74.7B to ¥130.9B, and net income attributable to owners rose +41.1% from ¥64.7B to ¥91.3B.
  • Net income grew less than operating income partly because the company booked a loss on selling shares in affiliates.
  • Operating cash flow reached ¥87.5B (+14.1%) and free cash flow ¥51.6B (+13.8%).

What drove the change

  • Higher sales volumes of copper foil for AI servers, telecom equipment and chip package substrates
  • Higher prices for zinc and other nonferrous metals, along with a favorable swing in inventory valuation
  • Strong demand for motorcycle exhaust catalysts in India and China, with selling prices lifted by higher palladium and rhodium costs
  • The sale of the door-lock subsidiary cut automotive parts revenue, and the segment posted an operating loss

Things to watch

  • A deep, lasting fall in zinc, lead or copper prices on international markets
  • A strong, prolonged rise in the yen, which would shrink foreign-currency sales
  • In engineered materials, price competition from Chinese rivals, substitute technologies and export limits on rare metals

Annual Securities Report, 101st fiscal period / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 101st fiscal period / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Mitsui Kinzoku sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥73
SG&A
¥10
Operating profit
¥17
Net profit kept
¥12

Annual margin trends

Gross margin26.7%
FY ending Mar 2021: 20.3%20.3%FY ending Mar 2022: 19.4%19.4%FY ending Mar 2023: 12.2%12.2%FY ending Mar 2024: 14.8%14.8%FY ending Mar 2025: 21.1%21.1%FY ending Mar 2026: 26.7%26.7%FY21FY22FY23FY24FY25FY26
Operating margin17.3%
FY ending Mar 2021: 9.8%9.8%FY ending Mar 2022: 9.6%9.6%FY ending Mar 2023: 1.9%1.9%FY ending Mar 2024: 4.9%4.9%FY ending Mar 2025: 10.5%10.5%FY ending Mar 2026: 17.3%17.3%FY21FY22FY23FY24FY25FY26
Net margin12.0%
FY ending Mar 2021: 8.6%8.6%FY ending Mar 2022: 8.2%8.2%FY ending Mar 2023: 1.3%1.3%FY ending Mar 2024: 4.0%4.0%FY ending Mar 2025: 9.1%9.1%FY ending Mar 2026: 12.0%12.0%FY21FY22FY23FY24FY25FY26

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

Profit by segment

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

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第101期(2025/04/01-2026/03/31)

    ID S100YBQV2026-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第100期(2024/04/01-2025/03/31)

    ID S100VZ5R2025-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第99期(2023/04/01-2024/03/31)

    ID S100TQF82024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第98期(2022/04/01-2023/03/31)

    ID S100R2ZK2023-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第97期(令和3年4月1日-令和4年3月31日)

    ID S100OH5A2022-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第96期(令和2年4月1日-令和3年3月31日)

    ID S100LPP72021-06-29Open

Extracted from XBRL: 53 / Derived from other figures: 2

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