Overview
Nonferrous Metals

Sumitomo Metal Mining Co.,Ltd.

Sumitomo Metal Mining operates across three integrated business segments: mineral resources (exploration, development, and production of non-ferrous metals including copper and gold globally), smelting & refining (copper, nickel, ferronickel, zinc, and precious metals), and materials (battery materials such as nickel hydroxide and lithium nickelate, and functional materials including paste materials, nickel powder, crystal materials, and package materials). The company's unique vertically integrated model—spanning resource development through smelting to advanced materials—differentiates it globally in the non-ferrous metals industry. Key competitive strengths include proprietary high-grade domestic gold mining (Hishikari Mine), international copper mine interests (Morenci, Cerro Verde, Candelaria, Quebrada Blanca), and a growing battery materials business serving the EV supply chain.

Market Cap
¥2,148B
US$13.7B
EV
¥2,679B
US$17.1B
Stock¥8,001▼-1.15%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
19.2
x
LTM EV/EBIT
31.6
x
LTM PER
9.1
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+35.8%pt
10012345
Oct 24, 25 – Oct 23, 26StockTOPIX
1Dec 12, 25Copper price rise boosts non-ferrous stocks
2Jan 29, 26Nomura Asset 5.66% stake report impact
3Feb 2, 26Selling before indigenous rights policy
4Feb 13, 26Continued ESG investor selling
5Feb 27, 26Continued Nomura Asset holding effect
MC → EV Bridge
2,148BUS$13.7BMarket Cap734BUS$4.68B+ Debt141BUS$901M− Cash287BUS$1.83B− Inv. Sec.226BUS$1.44B+ NCI2,679BUS$17.1BEV
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Performance & Balance
Revenue 5Y (¥B)
1,259US$8.03B'22/31,423US$9.08B'23/31,445US$9.22B'24/31,593US$10.2B'25/31,742US$11.1B'26/3
Net Income 5Y (¥B)
281US$1.79B'22/3161US$1.02B'23/358.6US$374M'24/316.5US$105M'25/3176US$1.12B'26/3
Capital Structure
74%
26%
EquityD/E 0.34xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
214US$1.36B331US$2.11B'22/3215US$1.37B457US$2.92B'23/3151US$963M530US$3.38B'24/3160US$1.02B576US$3.67B'25/3117US$745M683US$4.35B'26/3
Shareholders
Top 10 hold 40.6%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
17.22%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.20%
3
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
4.27%
4
TOYOTA MOTOR CORPORATION
4.09%
5
BNYM AS AGT/CLTS NON TREATY JASDEC (Standing Proxy: MUFG Bank, Ltd.)
3.12%
6
Sumitomo Life Insurance Company
1.38%
7
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.32%
8
Nippon Life Insurance Company
1.15%
9
RBC IST 15 PCT LENDING ACCOUNT - CLIENT ACCOUNT (Standing Proxy: Citibank, N.A., Tokyo Branch)
0.96%
10
THE CHASE MANHATTAN BANK, N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
0.93%
Management
12 officers
Akira NOZAKI
Representative Director, Chairman of the Board
Apr 1984 Joined the Company Jun 2013 Executive Officer, Deputy General Manager, Metals Business Division Jun 2014 Director, General Manager, Corporate Planning Department Jun 2015 General Manager, Metals Business Division Jun 2016 Managing Executive Officer Jun 2018 Representative Director (current) Representative Director, President President (Executive Officer) Jun 2024 Chairman of the Board (current)
1960-06-20
Nobuhiro MATSUMOTO
Representative Director, President
Apr 1987 Joined the Company Apr 2008 Nickel Plant Manager, Metals Business Division Jul 2013 Business Office, Metals Business Division Jun 2014 Business Office Manager, Metals Business Division Jun 2016 Executive Officer, Deputy General Manager, Metals Business Division Jun 2018 General Manager, Metals Business Division Jun 2019 Director Jun 2020 Managing Executive Officer Jun 2022 Senior Managing Executive Officer Jun 2024 Representative Director (current) Director and President (current) President (Executive Officer) (current)
1963-02-24
Yu TAKEBAYASHI
Director, Senior Managing Executive Officer, General Manager, Metals Business Division
Apr 1990 Joined the Company Jun 2016 General Manager, Harima Works, Metals Business Division Jul 2017 Plant Manager, Toyo Plant, Metals Business Division Jun 2020 Executive Officer Jan 2021 Deputy General Manager, Metals Business Division Jun 2023 Director (current) Managing Executive Officer (current) General Manager, Metals Business Division (current) Jun 2026 Senior Managing Executive Officer
1966-01-05
Yasuhiro MIYAKE
Director, Officer in charge of Financial Strategy, Executive Officer, General Manager, Accounting Department
Apr 1992 Joined the Company Jun 2018 Accounting Department Jul 2023 Corporate Planning Department Jun 2025 Executive Officer (current) General Manager, Accounting Department (current) Jun 2026 Director (scheduled) Officer in charge of Financial Strategy
1968-12-19
Taeko ISHII
Director
Apr 1986 Registered as attorney-at-law, joined Wada Ryoichi Law Office Mar 1992 Opened Ota & Ishii Law Office Jun 2018 Director (current)
1956-05-07
Manabu KINOSHITA
Director
Apr 1978 Joined NEC Corporation Apr 2006 General Manager, Distribution & Service Solutions Business Division, Enterprise Solutions Business Unit, NEC Corporation Apr 2008 Executive Officer, NEC Corporation Apr 2010 Managing Executive Officer, NEC Corporation Jun 2010 Director, NEC Corporation Apr 2016 Executive Vice President, Executive Officer, NEC Corporation Apr 2018 Senior Officer, NEC Corporation Jun 2020 Director (current) Jun 2021 Retired as Senior Officer, NEC Corporation
1954-05-17
Koji TAKEUCHI
Director
Apr 1970 Joined Ajinomoto Co., Inc. Jul 1988 General Manager, Central Research Laboratory, Ajinomoto Co., Inc. Jul 1993 General Manager, Development Planning Office, Ajinomoto Co., Inc. Oct 1993 Director, General Manager, Electronic Materials Business Division, Ajinomoto Fine-Techno Co., Ltd. Jun 2002 Senior Managing Director, General Manager, Electronic Materials Business Division, Ajinomoto Fine-Techno Co., Ltd. Jun 2004 Director and Vice President, Ajinomoto Fine-Techno Co., Ltd. Jul 2008 Chief Counselor, Ajinomoto Co., Inc. Jun 2009 Retired as Chief Counselor, Ajinomoto Co., Inc. Jun 2012 Advisor, Ajinomoto Fine-Techno Co., Ltd. Jun 2014 Retired as Advisor, Ajinomoto Fine-Techno Co., Ltd. Jun 2024 Director (current)
1946-02-22
Hirohiko MATSUSHITA
Standing Corporate Auditor (Full-time)
Apr 1988 Joined the Company Jul 2019 General Manager, Legal Department Jun 2023 Executive Officer, General Manager, Bessi Works Jun 2025 Corporate Auditor (Full-time) (current) Jun 2026 Standing Corporate Auditor (Full-time)
1964-02-08
Kazuhito SASAKI
Corporate Auditor (Full-time)
Apr 1991 Joined the Company Jun 2011 Corporate Planning Department Jul 2015 Accounting Department Jun 2017 Seconded to Japan Mining Industry Association Jun 2019 Accounting Department (current) Jun 2026 Corporate Auditor (Full-time)
1968-02-07
Nicola Michel SAWAKI
Director
Apr 1987 Joined Orr Shotliff accounting firm Feb 1991 Joined Ernst & Young, London office May 1991 Registered as Chartered Accountant (England and Wales) Jul 2002 Joined ShinNihon LLC (now EY ShinNihon LLC) Jul 2003 Partner, ShinNihon LLC Mar 2017 Japan Representative, IFRS Policy Committee, Ernst & Young Global Limited Jun 2025 Retired from EY ShinNihon LLC Jun 2025 Retired as Japan Representative, IFRS Policy Committee, Ernst & Young Global Limited Jun 2025 Director (current)
1962-12-31
Shoji WAKAMATSU
Corporate Auditor
Sep 1983 Joined Ota Tetsuzo Audit Office (now EY ShinNihon LLC) Mar 1987 Registered as Certified Public Accountant Jul 2003 Representative Partner, ShinNihon LLC May 2006 Board Member, ShinNihon LLC Aug 2008 Managing Executive Director, ShinNihon LLC (now EY ShinNihon LLC) Aug 2010 Senior Partner, ShinNihon LLC Jun 2016 Retired from ShinNihon LLC; opened Wakamatsu Certified Public Accountant Office Sep 2019 Registered as Certified Tax Accountant Jun 2021 Corporate Auditor (current)
1953-10-05
Tsuguya IEDA
Corporate Auditor
Apr 1982 Joined The Export-Import Bank of Japan Oct 2008 General Manager, Examination Department, Japan Finance Corporation, Japan Bank for International Cooperation Jan 2011 General Manager, Management Planning Office, Japan Bank for International Cooperation Apr 2012 Chief Representative, Western Japan, Japan Bank for International Cooperation Dec 2013 Executive Officer, Chief Representative, Western Japan, Japan Bank for International Cooperation Jun 2015 Retired as Executive Officer, Japan Bank for International Cooperation Jul 2015 Retired from Japan Bank for International Cooperation Aug 2015 Advisor, Nomura Securities Co., Ltd. Jun 2017 Retired as Advisor, Nomura Securities Co., Ltd. Representative Director and CEO, JBIC IG Partners Co., Ltd. Jun 2023 Retired as Representative Director and CEO, JBIC IG Partners Co., Ltd. Jun 2024 Corporate Auditor (current)
1958-04-20
Large Shareholding Reports
Amova Asset Management Co., Ltd.
2026-03-05
3.56%→2.84%
Amova Asset Management Co., Ltd.
2025-09-19
2.99%→3.56%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-10
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-24
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-05
Large Shareholding Report
TDnet
2026-02-09
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-05-12
中期経営計画
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-11-12
Amended Securities Registration Statement
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-08-07
Amended Securities Registration Statement
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-31
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-07-31
Amended Securities Registration Statement
EDINETAmended
2024-07-01
Amended Securities Registration Statement
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINETAmended
2024-06-26
Amended Securities Registration Statement
EDINET
2024-05-23
Securities Registration Statement
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-11
Quarterly Securities Report
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