d3ad4b0c-9b80-47ed-a9a0-da0e52e26638.pdf


Consolidated Financial Results for the Third Quarter Ended December 31, 2015 [J-GAAP]



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

February 5, 2016

Contact: Tsuyoshi Nozawa, Deputy General Manager, PR & IR Dept. TEL: +81-3-3436-7705 Scheduled Date to Submit Quarterly Report: February 12, 2016

Scheduled Date to Start Dividend Payment:

Preparation of Supplementary Explanation Materials for Quarterly Financial Results: Yes Briefing on Quarterly Settlement: Yes (for institutional investors)


(Amounts less than one million yen are rounded off)

  1. Consolidated Financial Results (From April 1, 2015, to December 31, 2015)
    1. Consolidated Operating Results

      (% figures show year-on-year change)

      Net sales

      Operating income

      Ordinary income

      Profit attributable to owners of parent


      Nine months ended December 31, 2015

      Millions of yen %

      Millions of yen %

      Millions of yen %

      Millions of yen %

      660,832 -3.0

      59,530 -36.5

      2,352 -98.3

      10,719 -88.8

      Nine months ended December 31, 2014

      680,931 11.3

      93,802 66.2

      140,151 61.6

      96,120 57.5

      (Note) Comprehensive income

      Nine months ended December 31, 2015: -¥25,002 million (―%); Nine months ended December 31, 2014: ¥121,141 million (-9.9%)


      Profit

      per share (Basic)

      Profit

      per share (Diluted)


      Nine months ended December 31, 2015 Nine months ended

      December 31, 2014

      Yen

      19.43


      174.16

      Yen

      17.94


      155.12


    2. Consolidated Financial Position

      Total assets

      Net assets

      Equity ratio


      As of December 31, 2015

      Millions of yen

      Millions of yen

      %

      1,639,229

      1,114,756

      61.9

      As of March 31, 2015

      1,740,246

      1,158,945

      60.4

      (Reference) Shareholders' equity

      As of December 31, 2015: ¥1,014,260 million; As of March 31, 2015: ¥1,051,224 million


    3. Dividends

      Dividend per share

      First quarter-end

      Second quarter-end

      Third quarter-end

      Year-end

      Total


      Year ended March 31, 2015

      Yen

      Yen

      Yen

      Yen

      Yen

      24.00

      24.00

      48.00

      Year ending March 31, 2016

      21.00

      Year ending March 31, 2016 (Forecast)

      10.00

      31.00

      (Note) Revision of dividend forecast that has been disclosed lastly: None


      - 1 -

    4. Forecast of Consolidated Operating Results for the Year Ending March 31, 2016 (From April 1, 2015, to March 31, 2016)

      (% figures show year-on-year change)

      Net sales

      Operating income

      Ordinary income

      Profit attributable to owners of parent

      Profit per share


      Full year

      Millions of yen %


      855,000 -7.2

      Millions of yen %


      62,000 -50.7

      Millions of yen %


      -4,000 ―

      Millions of yen %


      5,000 -94.5

      Yen


      9.06

      (Note) Revision of operating results forecast that has been disclosed lastly: Yes


      Notes

      1. Change in Important Subsidiaries during the Period under Review (Change in specific subsidiaries that will accompany a change in scope of consolidation): None


      2. Application of Accounting Procedures Specific to Quarterly Consolidated Financial Statements: Yes (Note) For further details, please refer to "2. Summary Information (Notes)" on page 4.


      3. Changes in Accounting Policies or Estimates and Retrospective Restatements

        1. Changes in accounting policies in accordance with revision of accounting standards: Yes

        2. Changes in accounting policies other than item 1) above: None

        3. Change in accounting estimates: None

        4. Retrospective restatements: None

          (Note) For further details, please refer to "2. Summary Information (Notes)" on page 4.


        5. Number of Outstanding Shares (Common stock)

          1. Number of shares issued as of end of period (including treasury stock) 581,628,031 shares at December 31, 2015

            581,628,031 shares at March 31, 2015

          2. Number of shares of treasury stock as of end of period 29,986,546 shares at December 31, 2015

            29,948,647 shares at March 31, 2015

          3. Average number of shares during the period

          4. 551,658,593 shares for nine months ended December 31, 2015

            551,901,389 shares for nine months ended December 31, 2014


            Presentation regarding status of quarterly review procedure

            The consolidated financial results presented herein are not subject to the quarterly review procedure specified by the Financial Instruments and Exchange Act. The review procedure for quarterly consolidated financial statements specified by the Financial Instruments and Exchange Act has not been completed at the time of the disclosure of these financial results.


            Explanation regarding appropriate use of operating results forecast and other special notes

            The forecast of consolidated operating results for the year ending March 31, 2016, disclosed on November 10, 2015, has been revised in this report. 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 Friday, February 5, 2016.

          Sumitomo Metal Mining Co. Ltd. issued this content on 05 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 February 2016 04:51:11 UTC

          Original Document: http://www.smm.co.jp/E/uploaded_files/20160205_E.pdf