Listed Company Name: Sumitomo Metal Mining Co., Ltd. Code: 5713
Listings: Tokyo Stock Exchange
URL: http://www.smm.co.jp/
Representative: Yoshiaki Nakazato, President and Representative Director
May 11, 2017
Contact: Tsuyoshi Nozawa, Deputy General Manager, PR & IR Dept. TEL: +81-3-3436-7705 Scheduled Ordinary General Meeting of Shareholders: June 27, 2017
Scheduled Date to Start Dividend Payment: June 28, 2017 Scheduled Date to Submit Securities Report: June 27, 2017
Preparation of Supplementary Explanation Materials for Financial Results: Yes Briefing on Account Settlement: Yes (for institutional investors)
(Amounts less than one million yen are rounded off)
- Consolidated Financial Results (From April 1, 2016, to March 31, 2017)
Consolidated Operating Results
(% figures show year-on-year change)
Net sales
Operating income
Ordinary loss
Loss attributable to owners of parent
Year ended March 31, 2017
Millions of yen %
Millions of yen %
Millions of yen %
Millions of yen %
786,146 -8.1
76,390 27.9
(1,565) ―
(18,540) ―
Year ended March 31, 2016
855,407 -7.2
59,720 -52.5
(12,764) ―
(309) ―
(Note) Comprehensive income
Year ended March 31, 2017: -¥27,997 million (―%); Year ended March 31, 2016: -¥65,035 million (―%)
Loss
per share (Basic)
Profit
per share (Diluted)
Return on equity
Ordinary loss to total assets
Operating income to net sales
Year ended March 31, 2017
Yen
Yen
―
―
%
%
%
(33.61)
-1.9
-0.1
9.7
Year ended March 31, 2016
(0.56)
-0.0
-0.8
7.0
(Reference) Equity in earnings (loss) of affiliates Year ended March 31, 2017: -¥85,972 million;
Year ended March 31, 2016: -¥73,223 million
(Note) Profit per share (diluted) is not disclosed as loss per share (basic) for the year ended March 31, 2016 and for the year ended March 31, 2017 were recorded even though there are potentially dilutive shares.
Consolidated Financial Position
Total assets
Net assets
Equity ratio
Net assets per share
As of March 31, 2017
Millions of yen
Millions of yen
%
Yen
1,685,018
1,024,121
57.1
1,743.46
As of March 31, 2016
1,630,800
1,075,995
60.3
1,781.91
(Reference) Shareholders' equity
As of March 31, 2017: ¥961,690 million; As of March 31, 2016: ¥982,958 million
Consolidated Cash Flows
Net cash provided by operating activities
Net cash used in investing activities
Net cash provided by (used in) financing activities
Cash and cash equivalents at end of period
Year ended March 31, 2017 Year ended
March 31, 2016
Millions of yen
43,796
119,704
Millions of yen
(143,219)
(92,876)
Millions of yen
70,392
(4,003)
Millions of yen
170,293
197,825
-
Dividends
Dividend per share
Total dividend amount (Annual)
Dividend payout ratio (Consolidated)
Dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Year-end
Total
Year ended March 31, 2016
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
―
―
%
―
21.00
―
10.00
31.00
17,101
1.7
Year ended March 31, 2017
―
5.00
―
6.00
11.00
6,068
0.6
Year ending March 31, 2018 (Forecast)
―
17.00
―
18.00
35.00
30.6
-
Forecast of Consolidated Operating Results for the Year Ending March 31, 2018 (From April 1, 2017, to March 31, 2018)
(Percentages indicate changes from the previous fiscal year for full year and from the corresponding period of the previous year for second quarter)
Net sales
Operating income
Ordinary income
Profit attributable to owners of parent
Profit per share
Second quarter (cumulative)
Millions of yen %
Millions of yen %
Millions of yen %
Millions of yen %
Yen
411,000 12.1
34,000 55.1
45,000 284.7
31,000 847.4
56.20
Full year
855,000 8.8
75,000 -1.8
90,000 ―
63,000 ―
114.21
Notes
Change in Important Subsidiaries during the Period under Review (Change in specific subsidiaries that will accompany a change in scope of consolidation): None
Changes in Accounting Policies or Estimates and Retrospective Restatements
Changes in accounting policies in accordance with revision of accounting standards: None
Changes in accounting policies other than item 1) above: None
Change in accounting estimates: None
Retrospective restatements: None
Number of Outstanding Shares (Common stock)
Number of shares issued as of end of period (including treasury stock) 581,628,031 shares at March 31, 2017
581,628,031 shares at March 31, 2016
Number of shares of treasury stock as of end of period 30,030,086 shares at March 31, 2017
29,996,055 shares at March 31, 2016
Average number of shares during the period 551,618,704 shares for the year ended March 31, 2017 551,652,936 shares for the year ended March 31, 2016
(Note) Please refer to "5. Consolidated Financial Statements and Primary Notes, (5) Notes Relating to the Consolidated Financial Statements (Earnings per Share)" on page 43 for the number of shares used as the basis for calculating "Profit per share (consolidated)."
(Reference) Summary of Non-Consolidated Financial Results
Non-Consolidated Financial Results (From April 1, 2016, to March 31, 2017)
Non-Consolidated Operating Results
(% figures show year-on-year change)
Net sales
Operating income
Ordinary income
Profit (loss)
Year ended March 31, 2017
Millions of yen %
Millions of yen %
Millions of yen %
Millions of yen %
626,177 -10.6
38,782 -20.8
47,322 -27.6
(188) ―
Year ended March 31, 2016
700,317 -7.7
48,940 -36.7
65,348 -49.8
16,281 -71.8
Profit (loss) per share (Basic)
Profit
per share (Diluted)
Year ended March 31, 2017 Year ended
March 31, 2016
Yen
(0.34)
29.51
Yen
―
26.99
Non-Consolidated Financial Position
Total assets | Net assets | Equity ratio | Net assets per share | |
As of March 31, 2017 | Millions of yen | Millions of yen | % | Yen |
1,011,614 | 616,870 | 61.0 | 1,118.33 | |
As of March 31, 2016 | 954,574 | 612,966 | 64.2 | 1,111.19 |
(Reference) Shareholders' equity
As of March 31, 2017: ¥616,870 million; As of March 31, 2016: ¥612,966 million
The consolidated financial results presented herein are not subject to auditing procedures. Explanation regarding appropriate use of operating results forecast and other special notes
The forward-looking statements, including business results forecast, contained in these materials are based on information available to the Company and on certain assumptions deemed to be reasonable as of the date of release of this document and they are not meant to be a commitment by the Company. Also, actual business results may differ substantially due to a number of factors.
(Supplementary Explanation Materials for Financial Results)
The Supplementary Explanation Materials will be posted on the Company's website on Thursday, May 11, 2017.
Sumitomo Metal Mining Co. Ltd. published this content on 11 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2017 06:06:25 UTC.
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