Dowa stock gets a 27.0 percent zinc production plan

Published on 10/07/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dowa stock is tied to DOWA's October 5 plan for 113,543 tonnes of zinc in fiscal 2026's second half. First-quarter recurring profit reached JPY 32.5 billion after rising 277.5 percent year over year.

Dowa, JP3638600001, Illustration mit AI erstellt.

Dowa Holdings (ISIN JP3638600001) stock closed at JPY 8,766.00 on the Tokyo Stock Exchange on October 6, 2026, while the company set a 113,543-tonne zinc production plan for the second half of fiscal 2026. The plan gives the metals and recycling group a concrete operating catalyst as investors assess whether stronger metal prices can translate into durable earnings.

Zinc output rises to 113,543 tonnes

DOWA's investor-relations page lists the FY2026 second-half metal production plan dated October 1, 2026, covering the period from October 2026 through March 2027. According to Shanghai Metals Market on October 5, 2026, the target is 27.0 percent above DOWA's first-half plan of 89,373 tonnes and 26.8 percent above the 89,525 tonnes produced in the second half of fiscal 2025.

The zinc operation is linked to indium recovery through DOWA's hematite process, but Shanghai Metals Market also reported that DOWA gave no indium production target. Feed grades, recovery rates and operating schedules therefore remain important variables for the eventual contribution.

First-quarter profit jumps

DOWA's latest reported quarter covered April through June 2026. According to note on October 4, 2026, revenue reached JPY 253.3 billion, up 58.2 percent from the prior-year quarter, while operating profit rose 281.0 percent to JPY 24.7 billion.

Recurring profit was JPY 32.5 billion, an increase of 277.5 percent, and quarterly net income reached JPY 23.4 billion, up 266.4 percent. The comparison matters because the latest growth rate is much faster than the full-year fiscal 2026 revenue increase of 9.8 percent to JPY 745.4 billion, showing how sharply quarterly earnings can respond to metal prices and currency effects.

Stock closes at JPY 8,766.00

Dowa stock closed at JPY 8,766.00 on October 6, 2026, up 0.42 percent from the previous close. Trading volume was 279,900 shares and the market capitalization stood at JPY 518.5 billion on the same date, giving the zinc plan and first-quarter figures a market value context without turning the production target into an earnings forecast.