Earnings Growth and Expansion of Business Areas

「In the secondary aluminum alloy business, higher product selling prices resulted in net sales of ¥326.802 billion, up 10.4% year on year. In Japan, demand for products and merchandise remained firm. Overseas, the business was also beginning to move toward an earnings recovery as it pursued price corrections and material conversion, among other measures, resulting in segment profit (operating profit) of ¥6.697 billion, up 50.8% year on year.」

「As stated above, the secondary aluminum alloy business posted net sales of ¥148.263 billion, up 9.4% from the previous interim consolidated accounting period, and operating profit of ¥2.335 billion, down 5.7%. In the other business segments, die-cast products performed steadily, resulting in net sales of ¥2.931 billion, up 20.0%, and operating profit of ¥277 million, up 72.8%.」

「In the secondary aluminum alloy business, product selling prices rose compared with the previous interim consolidated accounting period. In terms of earnings, the spread between raw material prices and product selling prices narrowed, resulting in net sales of ¥135.49 billion, up 3.7% from the previous interim consolidated accounting period, and operating profit of ¥2.477 billion, down 10.5%. In the other business segments, die-cast products progressed at a moderate pace, resulting in net sales of ¥2.444 billion, up 20.5%, and operating profit of ¥160 million, compared with a loss of ¥42 million in the previous interim consolidated accounting period.」

「In the secondary aluminum alloy business, demand for secondary aluminum is recovering in response to the improving trend in domestic automobile production. However, aluminum scrap, the raw material, remained expensive amid concerns over tight supply, while exports of parts to China and Southeast Asia lacked strength, so a full-scale recovery in demand has not yet materialized. In terms of earnings, the spread between raw material prices and product selling prices narrowed, resulting in net sales of ¥199.618 billion, down 6.1% year on year, and operating profit of ¥3.246 billion, down 71.5%. In the other business segments, die-cast products remained in difficult conditions, resulting in net sales of ¥3.245 billion, down 14.3% year on year, and operating profit of ¥36 million, down 89.6%.」

「In the secondary aluminum alloy business, product selling prices declined compared with the same period of the previous year. In terms of earnings, the spread between raw material prices and product selling prices narrowed, resulting in net sales of ¥130.672 billion, down 8.4% year on year, and operating profit of ¥2.769 billion, down 73.7%. In the other business segments, die-cast products remained in difficult conditions, resulting in net sales of ¥2.028 billion, down 18.7% year on year, and an operating loss of ¥42 million, compared with operating profit of ¥240 million in the same period of the previous year.」

「In the secondary aluminum alloy business, product selling prices declined compared with the same period of the previous year. In terms of earnings, the spread between product prices and raw material prices narrowed, resulting in net sales of ¥62.324 billion, down 12.9% year on year, and operating profit of ¥1.846 billion, down 67.4%. In the other business segments, die-cast products remained in difficult conditions, resulting in net sales of ¥985 million, down 24.4% year on year, and an operating loss of ¥45 million, compared with operating profit of ¥189 million in the same period of the previous year.」

「As a result, consolidated net sales for the first 3 quarters increased from the same period of the previous year, partly because average selling prices also rose. Sales of secondary aluminum alloy ingots were ¥145.273 billion, up 32.0% year on year, while sales of merchandise, raw materials and other items were ¥69.857 billion, up 33.9%. Total sales for these items were ¥215.13 billion, up 32.6%.」

「In the secondary aluminum alloy business, sales volumes remained sluggish, while selling prices rose compared with the same period of the previous year. In terms of earnings, the spread between product prices and raw material prices narrowed, resulting in net sales of ¥142.588 billion, up 41.2% year on year, and segment profit of ¥10.523 billion, up 10.2%.」

「In the secondary aluminum alloy business, sales volumes remained sluggish, while selling prices rose compared with the same period of the previous year. In terms of earnings, the spread between product prices and raw material prices progressed favorably, resulting in net sales of ¥71.565 billion, up 47.2% year on year, and operating profit of ¥5.669 billion, up 6.4%.」

「As stated above, in the secondary aluminum alloy business, sales volumes progressed favorably as supplies of competing products from overseas, mainly China, declined and the firm trend in aluminum prices provided a tailwind. Net sales therefore totaled ¥232.606 billion, up 71.0% year on year. In addition, as the spread between product prices and raw material prices progressed favorably, segment profit (operating profit) was ¥19.608 billion, up 120.5% year on year. In the other business segments, die-cast products performed steadily, resulting in net sales of ¥4.853 billion, up 17.8% year on year, and segment profit (operating profit) of ¥772 million, up 111.5%.」

「In the secondary aluminum alloy business, production at our group fluctuated as a result of the spread of COVID-19 among major customer automobile manufacturers and the semiconductor shortage. Consequently, as average selling prices rose compared with the same period of the previous year, net sales were ¥159.691 billion, up 75.7% year on year, and segment profit was ¥13.385 billion, up 194.6%. In the other business segments, die-cast products performed steadily, resulting in net sales of ¥3.549 billion, up 21.7% year on year, and segment profit of ¥559 million, up 199.9%.」

「In the secondary aluminum alloy business, although major customer automobile manufacturers were affected by COVID-19, sales volumes exceeded those in the same period of the previous year. As a result, net sales were ¥100.992 billion, up 79.1% year on year, and segment profit was ¥9.549 billion, up 287.8%. In the other business segments, die-cast products performed steadily, resulting in net sales of ¥2.469 billion, up 33.0% year on year, and segment profit of ¥428 million, up 383.4%.」

「In the secondary aluminum alloy business, production and shipments by automobile manufacturers, major customers of our group, followed a recovery trend compared with the previous year. As a result, net sales were ¥48.61 billion, up 76.4% year on year, and operating income was ¥5.328 billion, up 343.5%. In the other business segments, die-cast products performed steadily, resulting in net sales of ¥1.246 billion, up 16.6% year on year, and operating income of ¥197 million, up 167.3%.」

「Our group is committed to further advancing its business development based on its long-standing recycling philosophy, while steadily expanding <G&G>, further developing operations across its overseas markets, cultivating globally competitive strengths and a global perspective, and taking into account the need for environmental considerations in corporate activities.」

「Meanwhile, sales volumes of products and other items in the ASEAN region remained firm. Overall, they followed a moderate upward trend.」

「December 2018: Established ダイキアルミニウム インダストリー インディア.」

「The Company is being established to maintain and expand its market share in India and to support the expansion of its business across Asia, including the ASEAN region.」

「Against this backdrop, the Group is working to strengthen its internal capabilities so that it can respond rapidly to changes in the times, including by expanding into the ASEAN region, where demand is growing, and is committed to doing everything possible to ensure the continued development of its business.」

「Against this backdrop, the Group is working to strengthen its internal capabilities so that it can respond rapidly to changes in the times, including by expanding into the ASEAN region, where demand is growing, and is committed to doing everything possible to ensure the continued development of its business.」

「We have worked to expand our business areas in order to achieve further earnings growth.」