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Non-Energy Minerals

Sumitomo Metal Mining Co., Ltd.

Business Summary

Sumitomo Metal Mining Co., Ltd. engages in the mining business. It operates through the following segments: Mineral Resources, Smelting and Refining, Materials, and Others. The Mineral Resources segment includes the exploration, development and production of non-ferrous metal resources as well as the sale of ores and other products. The Smelting and Refining segment sells copper, nickel, ferro-nickel, zinc, lead, and precious metals such as gold, silver, and platinum. The Materials segment manufactures and sells lead frames, tape materials, bonding wires, and advanced materials. The Others segment includes real estate and technical engineering. The company was founded by Riemon Soga in 1590 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,259.09B11,204.60M
Gross Profit255,398M2,272.77M
Operating income204,435M1,819.25M
Income before tax299,897M2,668.77M
Net income281,037M2,500.93M
EBITDA251,807M2,240.82M
Diluted EPS1,022.809.10
Dividends Per Share3012.67
Total Assets2,268.75B18,692.12M
Total liabilities711,338M5,860.66M
Total equity1,445.32B11,907.96M
Operating cash flow159,489M1,419.28M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 929,746M 912,208M 851,946M 926,122M 1,259.09B
Gross Profit 149,015M 126,637M 109,708M 149,235M 255,398M
Operating income 103,195M 77,308M 63,940M 112,581M 204,435M
Income before tax 108,286M 89,371M 72,857M 114,660M 299,897M
Net income 90,227M 66,790M 60,600M 94,604M 281,037M
EBITDA 149,957M 120,849M 109,486M 159,218M 251,807M
Diluted EPS 295.30 243.05 220.53 344.29 1,022.80
Dividends Per Share 100 73 78 121 301
Total Assets 1,732.33B 1,797.70B 1,719.69B 1,885.99B 2,268.75B
Total liabilities 618,984M 646,421M 608,830M 663,016M 711,338M
Total equity 1,029.38B 1,047.56B 1,001.94B 1,113.92B 1,445.32B
Operating cash flow 67,430M 114,744M 136,545M 91,522M 159,489M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 8,388.75M 8,225.89M 7,835.73M 8,732.27M 11,204.60M
Gross Profit 1,344.50M 1,141.95M 1,009.03M 1,407.11M 2,272.77M
Operating income 931.09M 697.13M 588.08M 1,061.50M 1,819.25M
Income before tax 977.02M 805.90M 670.09M 1,081.11M 2,668.77M
Net income 814.08M 602.28M 557.36M 892.00M 2,500.93M
EBITDA 1,353.00M 1,089.76M 1,006.99M 1,501.24M 2,240.82M
Diluted EPS 2.66 2.19 2.02 3.24 9.10
Dividends Per Share 0.90 0.65 0.71 1.14 2.67
Total Assets 16,288.97M 16,241.59M 15,929.69M 17,067.86M 18,692.12M
Total liabilities 5,820.25M 5,840.18M 5,639.66M 6,000.14M 5,860.66M
Total equity 9,679.21M 9,464.34M 9,281.14M 10,080.75M 11,907.96M
Operating cash flow 608.39M 1,034.71M 1,255.86M 862.94M 1,419.28M

Valuation Measures

Mar 2022
PER6.02
ROA13.52%
ROE21.96%
Operating margin16.23%
Profit margin22.32%

Key executives

  • President & Representative Director: Akira Nozaki
  • Manager-Accounting & Head-Secretariat: Masahiro Morimoto
  • Managing Executive Officer & GM-Technology: Atsushi Idegami
  • Director & Executive Officer: Nobuhiro Matsumoto
  • Managing Executive Officer & GM-Resources Business: Norifumi Ushirone

Shareholders

  • Nomura Asset Management Co., Ltd. (5.6%)
  • Sumitomo Metal Mining Co., Ltd. (5.5%)
  • Toyota Motor Corp. (3.8%)
  • Nikko Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.0%)
  • Daiwa Asset Management Co. Ltd. (2.0%)
  • BlackRock Fund Advisors (1.6%)
  • Baillie Gifford & Co. (1.4%)
  • Sumitomo Realty & Development Co., Ltd. (1.2%)
  • Sumitomo Life Insurance Co. (1.2%)

Contact Details

  • Website:http://www.smm.co.jp
  • Address: Shimbashi Sumitomo Building, 5-11-3 Shinbashi, Tokyo, 105-8716, Japan
  • Phone: +81.3.3436.7705

Related Companies

  • Sumiko Tec (Thailand) Co. Ltd.
  • Sumitomo Osaka Cement Co. Ltd. /Li-Ion Phosphate Battery Bus/
  • SMM Gold Cote, Inc.
  • Ohkuchi Materials Co., Ltd.
  • JCO Co., Ltd.
  • Sumitomo Metal Mining Pension Fund
  • Sumitomo Metal Mining Co. Ltd. /Pogo Mine/
  • Sumitomo Metal Mining Co. Ltd. /Pogo Gold Mine/
  • SMM Exploration Corp.
  • Shinko Co. Ltd. /Sumitomo/
  • Sumitomo Metal Mining Co., Ltd. /3 Subsidiaries/
  • SH Materials Co., Ltd.
  • Sumitomo Metal Mining Co. Ltd. /Morenci Copper Mine/
  • SMM Sierra Gorda Inversiones Ltda.
  • SMM Holland BV
  • Sumac Mines Ltd.
  • Sumitomo Metal Mining Management (Shanghai) Co., Ltd.
  • Sumitomo Metal Mining do Brasil Ltda.
  • SMM Solomon Ltd.
  • Malaysian Electronics Materials Sdn. Bhd.
  • SMMA Candelaria, Inc.
  • Sumitomo Metal Mining Peru SA
  • SMM-SG Holdings Inversiones Ltda.
  • Sumitomo Metal Mining Chile Ltda.
  • Sumitomo Metal Mining Canada Ltd.
  • Sumiko Advanced Materials (Suzhou) Co. Ltd.
  • SMM Korea Co., Ltd.
  • Taiwan Sumiko Materials Co., Ltd.
  • Dongguan Sumiko Electronic Paste Co., Ltd.
  • Shanghai Sumiko Electronic Paste Co., Ltd.

Competitors

  • Ecopro Co., Ltd.
  • Ecopro BM Co., Ltd.
  • Hudbay Minerals Inc
  • Boliden AB
  • Jervois Global Limited
  • Akora Resources Ltd.
  • Lumina Gold Corp.
  • Nickel Industries Limited
  • Northern Dynasty Minerals Ltd.
Last Updated on 12 Aug, 2022

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