Sumitomo Metal Mining Co., Ltd. provided earnings guidance for the six months of Fiscal 2023. For the six months, the company expects net sales of ¥659,000 million, profit before tax of ¥94,000 million and Profit attributable to owners of parent of ¥68,000 million or ¥247.48 basic per share.

For the year ending March 31, 2023, the company expects net sales of ¥1,331,000,000 million, profit before tax of ¥194,000,000 million and Profit attributable to owners of parent of ¥137,000,000 million or ¥498.60 basic per share.