Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Sumitomo Metal Mining Co., Ltd.
  6. News
  7. Summary
    5713   JP3402600005

SUMITOMO METAL MINING CO., LTD.

(5713)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Heavyweights pull Nikkei lower, Topix gains on drugmakers' boost

06/08/2021 | 03:56am EDT

TOKYO, June 8 (Reuters) - Japan's Nikkei stock index ended lower on Tuesday, dragged down by losses in heavyweights, including Softbank Group, while a rally in drugmakers lifted the broader Topix index.

Nikkei inched down 0.2% to close at 28,963.56, while the Topix edged up 0.1% at 1,962.65.

Most heavyweights fell, with global start-up investor SoftBank Group slipping 1.6%, while air-conditioner maker Daikin Industries down 3.1%. Sumitomo Metal Mining was the biggest loser dropping 4.1% decline.

Eisai Co was the biggest gainer, jumping 19.4%, to its daily upper limit, after U.S. regulators on Monday approved a drug jointly developed by the drugmaker and Biogen Inc's as the first treatment to attack a likely cause of Alzheimer's disease.

Daiichi Sankyo and Astellas Pharma also rose 4.9% and 0.8%, respectively.

Leading gains among subindexes on the Topix, pharma and sea transport subindex rose 2.8% each. Air transport and land transport rose 1.6% and 0.9%, respectively.

"The news on Eisai has given a boost to its peers as well as the overall market," said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities.

"Investors are also scooping up Japanese shares which lagged behind their global peers, as prospects of an economic recovery has brightened amid a rollout of COVID-19 vaccines."

An early gain for the Nikkei was snuffed out as investors were cautious ahead of the U.S. consumer price index (CPI) report this week and the U.S. central bank's meeting next week, market participants said.

There were 105 decliners on the Nikkei index against 110 advancers, with 10 stocks unchanged. (Reporting by Junko Fujita and Kevin Buckland; Editing by Rashmi Aich)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ASTELLAS PHARMA INC. -0.03% 1874.5 End-of-day quote.17.60%
BIOGEN INC. -0.67% 284.71 Delayed Quote.17.05%
DAIICHI SANKYO COMPANY, LIMITED -1.95% 3024 End-of-day quote.-14.46%
DAIKIN INDUSTRIES,LTD. 0.67% 25415 End-of-day quote.10.89%
EISAI CO., LTD. 2.59% 8777 End-of-day quote.19.06%
IWAICOSMO HOLDINGS, INC. -0.90% 1438 End-of-day quote.9.69%
NIKKEI 225 -0.19% 30183.96 Real-time Quote.10.19%
SANKYO CO., LTD. -0.29% 2794 End-of-day quote.0.14%
SOFTBANK GROUP CORP. 2.39% 6782 End-of-day quote.-15.84%
SUMITOMO METAL MINING CO., LTD. 1.76% 4278 End-of-day quote.-6.57%
All news about SUMITOMO METAL MINING CO., LTD.
09/20Sumitomo Metal Mining Co., Ltd. Announces Consolidated Financial Results for the Period..
CI
08/27SUMITOMO METAL MINING : Q&A transcript of the Telephone Conference for Financial Result of..
PU
08/27SUMITOMO METAL MINING : Explanation Script of the Telephone Conference for Financial Resul..
PU
08/27SUMITOMO METAL MINING : (All Download) Consolidated Financial Results for the First Quarte..
PU
08/18SUMITOMO METAL MINING : Signing of the Agreement for the Assignment of the JV Copper Explo..
PU
08/16Sumitomo Metal develops rechargeable battery recycling technology
RE
08/16Sumitomo Metal Mining Co., Ltd. Announces Success in Demonstration Experiments for Seco..
CI
08/10NIKKEI 225 : Up 0.2% as Earnings Weighed Against Pandemic; Yen Softens
MT
08/10Japan shares ride earnings to end higher, Delta worries linger
RE
08/09Japanese stocks rise on strong earnings; Delta worries linger
RE
More news
Financials
Sales 2022 1 161 B 10 411 M 10 411 M
Net income 2022 152 B 1 365 M 1 365 M
Net Debt 2022 260 B 2 332 M 2 332 M
P/E ratio 2022 7,73x
Yield 2022 4,34%
Capitalization 1 175 B 10 559 M 10 539 M
EV / Sales 2022 1,24x
EV / Sales 2023 1,27x
Nbr of Employees 7 072
Free-Float 84,6%
Chart SUMITOMO METAL MINING CO., LTD.
Duration : Period :
Sumitomo Metal Mining Co., Ltd. Technical Analysis Chart | 5713 | JP3402600005 | MarketScreener
Technical analysis trends SUMITOMO METAL MINING CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 4 278,00 JPY
Average target price 4 946,67 JPY
Spread / Average Target 15,6%
EPS Revisions
Managers and Directors
Akira Nozaki President & Representative Director
Yoshiaki Nakazato Chairman
Masahiro Morimoto Manager-Accounting & Head-Secretariat
Atsushi Idegami Managing Executive Officer & GM-Technology
Hitoshi Taimatsu Independent Outside Director
Sector and Competitors