JX Advanced Metals : Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Under IFRS)

May 11, 2026

Company name: JX Advanced Metals Corporation Listing: Tokyo Stock Exchange

Securities code: 5016

URL: https://www.jx-nmm.com/english/

Representative: Hayashi Yoichi, President & Representative Director, CEO

Inquiries: Yoneyama Manabu, Manager (Disclosure), Corporate Communication Dept. Telephone: +81-3-6433-6088

Scheduled date of ordinary general meeting of shareholders: June 26, 2026 Scheduled date to commence dividend payments: June 29, 2026

Scheduled date to file annual securities report: June 24, 2026 Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and analysts)

(Yen amounts are rounded to millions, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
   1. Consolidated operating results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Profit before tax		Profit attributable to owners of parent		Total comprehensive income
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	884,638	23.7	174,967	55.5	169,082	57.3	104,645	53.3	162,555	101.9
      March 31, 2025	714,940	(52.7)	112,484	30.5	107,476	36.5	68,271	(33.5)	80,502	(36.9)

      	Basic earnings per share	Diluted earnings per share	Return on equity attributable to owners of parent	Ratio of profit before tax to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      March 31, 2026	112.94	112.71	15.6	12.1	19.8
      March 31, 2025	73.53	73.53	11.0	8.2	15.7

      Reference: Share of profit (loss) of investments accounted for using equity method

      For the fiscal year ended March 31, 2026: ¥114,491 million

      For the fiscal year ended March 31, 2025: ¥60,959 million

   2. Consolidated financial position

      	Total assets	Total equity	Equity attributable to owners of parent	Ratio of equity attributable to owners of parent to total assets	Equity attributable to owners of parent per share
      As of	Millions of yen	Millions of yen	Millions of yen	%	Yen
      March 31, 2026	1,505,337	838,258	726,488	48.3	784.44
      March 31, 2025	1,283,002	711,754	615,297	48.0	663.58

   3. Consolidated cash flows

   	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
   Fiscal year ended March 31, 2026 March 31, 2025	Millions of yen 107,544 215,431	Millions of yen (77,253) (22,118)	Millions of yen (24,931) (172,249)	Millions of yen 66,306 58,316

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to equity attributable to owners of parent (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen 101,712 28,782	%	%
   Fiscal year ended March 31, 2025	-	-	91.55	18.00	109.55		149.0	16.4
   Fiscal year ended March 31, 2026	-	6.00	-	25.00	31.00		27.4	4.3
   Fiscal year ending March 31, 2027 (Forecast)	-	10.00	-	10.00	20.00		15.9

   (Notes)

   1. We resolved at our Board of Directors' meeting held on May 11, 2026 to change our shareholder return policy.

      This change will be applied from the fiscal year ending March 2027. For matters related to the change to our shareholder return policy, please refer to the "Notice Regarding Change to Shareholder Return Policy" announced today.

   2. During the third quarter of the previous fiscal year, we paid a dividend of 91.55 yen per share (or a total of 85,000 million yen) effective on November 29, 2024 pursuant to a resolution of our Board of Directors on November 11.

3. Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

(Percentages indicate year-on-year changes.)

1. Significant changes in the scope of consolidation during the period: None

2. Changes in accounting policies and changes in accounting estimates

   1. Changes in accounting policies required by IFRS: None

   2. Changes in accounting policies due to reasons other than (i): None

   3. Changes in accounting estimates: None

3. Number of issued shares (ordinary shares)

   1. Total number of issued shares at the end of the period (including treasury shares)

      As of March 31, 2026	928,463,102 shares
      As of March 31, 2025	928,463,102 shares

   2. Number of treasury shares at the end of the period

      As of March 31, 2026	2,337,181 shares
      As of March 31, 2025	1,219,500 shares

   3. Average number of shares outstanding during the period

1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

   	Net sales		Operating profit		Ordinary profit		Profit
   Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   March 31, 2026	461,843	21.7	52,838	78.2	108,234	94.1	66,870	79.5
   March 31, 2025	379,384	30.2	29,656	102.9	55,754	(51.7)	37,249	(73.7)

   	Basic earnings per share	Diluted earnings per share
   Fiscal year ended	Yen	Yen
   March 31, 2026	72.17	-
   March 31, 2025	40.12	-

2. Non-consolidated financial position

   	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
   As of March 31, 2026 March 31, 2025	Millions of yen 901,440 758,325	Millions of yen 487,044 439,517	% 54.0 58.0	Yen 525.77 474.00

   Reference: Equity As of March 31, 2026:¥486,927 million As of March 31, 2025:¥439,517 million

   • Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

   • Proper use of earnings forecasts and other special matters

     (About forward-looking statements)

     This document contains certain forward-looking statements. However, actual results may differ significantly from descriptions reflected in any forward-looking statements due to various factors, including, but not limited to, the following:

     1. changes in macroeconomic conditions and in the competitive environment surrounding the resources and materials industries;

     2. changes in laws or tightening of regulations; and

     3. risks related to litigation and other legal proceedings.

   • For year-on-year percentage changes, a sign "-" is shown in cases where either or both of figures for the current and previous periods are negative, or where the percentage change is 1,000% or more.

(1) Consolidated Statements of Financial Position

Assets

Current assets

As of March 31, 2025

(Millions of yen)

As of March 31, 2026

Non-current assets

1