Toho Zinc cuts full-year guidance as work in progress rises and feedstock tightens
Toho Zinc returned to profit in the first six months of FY2026 but cut full-year guidance sharply on rising WIP and raw-material shortages.
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what happened
According to TradingView, Toho Zinc posted higher revenue and profit for the first six months of FY2026. However, the company sharply lowered its full-year guidance, as rising work in progress and constraints on raw-material supply delayed sales of precious metals. The company says recycling and cross-site processing initiatives should support a recovery and longer-term growth.
why it matters
For investors, the key signal is the guidance cut: delayed sales can weigh on second-half results until supply constraints ease. The story also shows how sourcing problems can hit individual metal producers even when first-half numbers look better.
market impact
Toho Zinc shares: the lower guidance weighs on the company's stock
- Toho Zinc shares pressure down — cut full-year guidance and delayed sales due to raw-material constraints
tags
instruments
sources
- Toho Zinc Co : Rising WIP and tight sourcing cut guidance despite a return to 6M profitability — TradingView, 13 November 2026 at 08:01 UTC
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