Reliance on Japan's canmaking industry

「製缶分野への過度な依存からの脱却」

「The main factors were that revenue remained firm as the company actively pursued orders in the growth area of EVs, particularly vehicle batteries and batteries, and initiatives with new outsourced processing partners. However, profit remained sluggish due to a decline in the gross profit margin caused by higher procurement costs, as well as an increase in selling, general and administrative expenses.」

「✓ 製缶分野への過度な依存からの脱却」

「The wear-resistant tooling business posted sales of ¥1,157 million, down 0.6% from the previous interim consolidated accounting period, and segment profit of ¥54 million, down 47.2%, resulting in lower sales and profit. The main factor was that, despite actively pursuing orders in the growth area of EVs, particularly automotive batteries, and working with new contract processors, orders remained on a declining trend as equipment-related projects in the canmaking industry, the principal market, decreased.」

「Orders in the battery-related and lightweight-can fields were generally weak due to the completion of a cycle of capital investment in the canmaking industry and production adjustments by major customers.」

「The wear-resistant tooling business posted sales of ¥2,673 million, up 4.0% from the previous consolidated fiscal year, and segment profit of ¥219 million, up 103.8%, resulting in higher sales and profit.」

「Sales were ¥1,350 million, up 4.2% year on year, and segment profit was ¥104 million, up 84.7%, resulting in higher sales and profit. The main factors were strong demand for production of aluminum cans and other products, active efforts to win orders related to EVs and work with new contract processors, in addition to initiatives targeting the canmaking industry, which is the company's principal market, and strong sales to major canmaking manufacturers.」

「In the wear-resistant tooling business, demand for production of aluminum cans and other products remained solid. Sales to major customers of canmaking manufacturers remained firm as a result of initiatives targeting the canmaking industry, the business's principal market. The company also actively pursued orders in anticipation of future large-scale investment in EV batteries and other areas.」

「In the wear-resistant tooling business, the company focused on winning orders in the growth area of EVs, particularly automotive batteries, but sales to major customers remained weak due in part to a decline in capital investment projects by the canmaking industry, its principal market. As a result, sales were ¥2,571 million, up 0.2% from the previous consolidated fiscal year, while segment profit was ¥107 million, down 31.3%, resulting in higher sales but lower profit.」

「In the wear-resistant tools business, we focused on winning orders related to EVs, a growth area. However, sales to major customers remained sluggish due to a decline in capital investment projects in the can-making industry, our main sales channel, resulting in a 0.5% year-on-year decline in revenue to ¥1,937 million and a 33.4% decline in segment profit to ¥81 million, marking decreases in both revenue and profit.」

「In the wear-resistant tools business, sales to can manufacturers, our main sales channel, remained sluggish, while we actively pursued orders in the growth area of EVs, particularly batteries. Although revenue remained slightly higher, declining margins resulted in a 0.6% year-on-year increase in revenue to ¥1,296 million and a 32.7% decline in segment profit to ¥56 million, marking higher revenue but lower profit.」

「In the wear-resistant tools business, while production demand for aluminum cans and other products remained firm, we actively pursued orders related to EVs, including initiatives targeting the can-making industry, our main sales channel. However, sales to the major customers of can manufacturers remained sluggish, resulting in a 1.3% year-on-year decline in revenue to ¥625 million and a 39.1% decline in segment profit to ¥26 million, marking decreases in both revenue and profit.」

「In the wear-resistant tooling business, demand for production of aluminum cans and other products remained solid, but sales were ¥2,566.738 million, down 1.2% from the previous consolidated fiscal year, and segment profit was ¥159.089 million, down 38.6%, as large equipment projects for the core canmaking industry declined.」

「In the wear-resistant tooling business, demand for production of aluminum cans and other products remained solid, but sales were ¥1,947.445 million, up 1.5% year on year, while segment profit was ¥124.468 million, down 38.2% year on year, as large equipment projects for the core canmaking industry declined.」

「In the wear-resistant tooling business, demand for production of aluminum cans and other products remained solid, but sales were ¥1,288.278 million, down 1.4% year on year, and segment profit was ¥84.985 million, down 40.9% year on year, as large equipment projects for the core canmaking industry declined.」

「In the wear-resistant tooling business, the company actively expanded into industries including packaging bags, batteries and crushing blades. However, sales and segment profit remained weak, mainly because capital investment by the canmaking industry, its main market, declined. As a result, sales were ¥1,888.483 million, down 16.0% year on year, and segment profit was ¥163.585 million, down 32.1% year on year.」

「In the wear-resistant tooling business, the company actively expanded into industries including packaging bags, batteries and crushing blades, while focusing on the canmaking industry, its main market. However, sales and segment profit remained weak, mainly because large capital investment projects decreased from the previous fiscal year. As a result, sales were ¥1,259.503 million, down 13.9% year on year, and segment profit was ¥103.202 million, down 32.0% year on year.」

「In the wear-resistant tooling business, the company expanded into industries including packaging bags, batteries and crushing blades, while focusing on the canmaking industry, its main market. However, sales and segment profit remained weak. As a result, sales were ¥627.215 million, down 9.5% year on year, and segment profit was ¥50.425 million, down 26.0% year on year.」

「In the wear-resistant tooling business, the company actively pursued opportunities in industries outside canmaking, and sales to users of packaging bags and other customers increased. However, sales and segment profit remained weak because some sales to major canmaking manufacturers' customers were pushed back to after the second quarter. As a result, sales were ¥693.200 million, down 2.7% year on year, and segment profit was ¥68.138 million, down 12.9% year on year.」

「The wear-resistant tooling business accounts for a high proportion of consolidated operating profit, and a high proportion of sales in that business is made to the domestic canmaking industry. The Group will continue working to secure stable transactions for canmaking tools for this industry by leveraging the technical expertise and know-how developed through sales of canmaking tools.」

「In the wear-resistant tooling business, sales to major customers that manufacture beverage containers, the principal customers, decreased from the same quarter of the previous year. However, segment profit remained solid due to lower selling, general and administrative expenses and an improved gross profit margin.」

「In the wear-resistant tooling business, sales and segment profit remained weak, mainly because sales to major customers that manufacture beverage containers remained sluggish.」

「In the Group's wear-resistant tooling business, a high proportion of sales is made to Japan's domestic canmaking industry.」