Consolidated Financial Results
For the Second Quarterof the Year Ending March 31, 2018
November 10, 2017
Nippon Light Metal Holdings Company, Limited

For the Second Quarter of the Year Ending March 31, 2018

Summary of Consolidated Financial Results（Billions of yen）

FY2017FY2016

April 1 September 30,
2017

April 1 September 30,
2016

Year-on-Year

Net Sales

228.4

217.1

+ 11.3Operating Profit

14.1

13.3

Ordinary Profit

13.6

11.4

Profit8.7

8.5

attributable to owners of parent(+ 5.2%)+ 0.8(+ 6.1%)+ 2.2(+ 19.2%)+ 0.2(+ 1.3%)
2

For the Second Quarter of the Year Ending March 31, 2018

Summary by Segment（Billions of yen）

Net Sales

Operating Profit

FY20174-9

FY2016
4-9

Year-on-Year

FY20174-9

FY2016
4-9

Year-on-Year

Aluminum Ingot
and Chemicals

52.5

50.2+ 2.3

4.5

5.5

- 1.0

Aluminum Sheetand Extrusions

51.9

47.3

4.8

2.4

Fabricated Products
and Others

78.7

72.5

4.2

4.3

Aluminum Foil,
Powder and Paste

45.3

47.1

2.1

2.6

(- 3.7%)(- 19.7%)

General corporate
expenses

―――

- 1.5

- 1.50Total

228.4

217.1+ 11.3

14.1

13.3+ 0.8(+ 4.5%)+ 4.6(+ 9.7%)+ 6.2(+ 8.5%)- 1.8(+ 5.2%)(- 18.4%)+ 2.4(+ 101.3%)- 0.1(- 3.1%)- 0.5(+ 6.1%)
3

For the Year 2017 Ending March 31, 2018

Forecast of Consolidated Financial Results（Billions of yen）

FY2017FY2016

Year Ending
March 31, 2018Year Ended
March 31, 2017

Net Sales

470.0

448.4

Operating Profit

30.0

30.2

Ordinary Profit
Profit

28.0

26.3

18.0

19.5

Interest-bearing Debt

145.0

149.8

- 4.8

D/E ratio

0.8 times

0.9 times- 0.1 points

R-O-C-E

10.2 %

9.6 %+ 0.6 pointsattributable to owners of parent

Year-on-Year+ 21.6(+ 4.8%)- 0.2(- 0.7%)+ 1.7(+ 6.7%)- 1.5(- 7.8%)

4

For the Year 2017 Ending March 31, 2018

Analysis of Change in Ordinary Profit（Billions of yen）

+ 1.0

28.0

+ 0.9

26.3

- 3.2+ 2.9Others
New products
launching+ 0.1
Increase in
Increase inprocurement sales price
cost

ResultsofFY2016

High value added products
and Increase in sales+ 1.7 billion yen

ForecastofFY2017
5Mid-Term Management Plan (FY2016-FY2018)

Basic Policies◆Mission of the NLM Group （Corporate Philosophy）◆
Be forever committed to the development of new applications foraluminum and aluminum-related materials and thereby contributeto the improvement of people's quality of life and environmental
protection.

◆Mid-Term Management Plan (FY2016-FY2018)◆
1. Create new products and business models by strengthening
cooperation within the Group
2. Business development through strategies by region and bysector
3. Strengthening of corporate culture6Mid-Term Management Plan (FY2016-FY2018)

Forecast of Consolidated Financial Results（Billions of yen）

FY2018FY2015 FY2016

FY2017 Mid-term Target
Forecast (starting fromFY2016)

Net Sales
Operating Profit
Ordinary Profit
Profitattributable to owners of parent

Interest-bearing Debt
D/E ratio

R-O-C-E
Annual dividend per share

464.4
26.8
24.5

448.4
30.2
26.3

470.0
30.0
28.0

500.0
32.0
31.0

15.5

19.5

18.0

20.0

182.2

149.8

145.0

1.4 times 0.9 times

0.8 times

160.0
Less than 1.0

9.0%

9.6%

6 yen

8 yen

10.2%
8 yentimes
Over 10.0 %Over 7 yen
7【Cautionary Statement】
Statements in this document with respect to Nippon Light Metal Holdings (NLM-HD)’s current plans,estimates, strategies and beliefs, and other statements that are not historical facts are forward-looking
statements about the future performance of NLM-HD. These statements are based on NLM-HD’sassumptions and beliefs in light of the information currently available to it. NLM-HD cautions you that anumber of important risks and uncertainties could cause actual results to differ materially from thoseforward-looking statements.