Mitsubishi Materials Q1 FY27 profit attributable to owners of parent swings to ¥51.28 billion; net sales rise 38.4% year-on-year to ¥597.01 billion

• Mitsubishi Materials posted Q1 net sales of JPY 597.01 billion, up 38.4% year on year, as it returned to profit.
• Operating profit swung to JPY 32.99 billion, while profit attributable to owners of parent was JPY 51.28 billion; EPS was JPY 392.35.
• Ordinary profit swung to JPY 51.9 billion, helped by higher metal prices and a weaker yen.
• Materials Business Area net sales rose 42.2% to JPY 472.1 billion, while Advanced Products sales climbed 31.4% to JPY 72 billion on AI-related demand.
• For the year ending March 2027, it raised its forecast to net sales of JPY 2.4 trillion and profit attributable to owners of parent of JPY 140 billion.

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