Consolidated Financial Results
for the First Half of the Fiscal Year Ending March 31, 2024
(Japan GAAP)
October 31, 2023
Company name:

Nippon Light Metal Holdings Company, Ltd.

Stock exchange listing:Tokyo Stock Exchange

Code number:

5703

URL:

https://www.nikkeikinholdings.com/

Representative:

Ichiro OKAMOTO,

Contact:

Chizu ISHIKAWA,

Phone:+81-03-6810-7160

President & Chief Executive Officer
Public Relations and IR Director, Planning & Supervision
OfficeSubmission of quarterly financial results:

November 7, 2023

Expected date of dividends payment:

December 1, 2023

Preparation of supplementary materials for quarterlyYesfinancial results:

Yes (for institutional investors and analysts)

Holding of a briefing on quarterly financial results:(Amounts less than one million yen are rounded off)
1. Consolidated Financial Results for Six Months Ended September 30, 2023
(1) Consolidated Results of Operations (Accumulated Total)
Net sales(% figures show year-on-year changes)
Profit attributable toOrdinary profit
owners of parent

Operating profit

Six months ended

Millions ofyen%Millions ofyen%Millions ofyen%Millions ofyen%

September 30, 2023

250,452

(1.0)

5,681

55.3

6,689

28.5

2,144

(43.6)

September 30, 2022

253,094

7.2

3,657

(74.0)

5,207(63.4)

3,804(64.8)(Note) Comprehensive income:Six months ended
September 30, 2023

Six months ended September 30, 2023
Six months ended September 30, 2022

Net profit per share(basic)September 30, 2022

¥6,443 million / 21.8%¥5,290 million / (57.3%)

Net profit per share(diluted)
Yen

Yen

34.62

－

61.44

－

(2) Consolidated Financial Position
Total assets
As of September 30, 2023
As of March 31, 2023
(Reference) Shareholders’ equity:

Net assets

Equity ratio

Millions of yen

Millions of yen%

527,313226,275

39.9

526,201

220,758

39.0

As of September 30, 2023
As of March 31, 2023

¥210,392 million¥205,475 million

2. Dividends

Annual dividends per share
End of firstquarter

End of second
quarterYen

End of third
quarter

Yen

Fiscal year ended―
40.00
March 31, 2023
Fiscal year ending―
10.00
March 31, 2024
Fiscal year ending
March 31, 2024
(forecasts)(Note) Revisions to dividend forecasts published most recently:

Year-end

Total

Yen

Yen

Yen

―

10.00

50.00

―

40.00

50.00

None

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2024
(April 1, 2023–March 31, 2024)(% figures show year-on-year changes)
Net sales

Operating profit

Ordinary profit

Millionsof yen%Millionsof yen%Millionsof yen%550,000

6.4

17,000125.5

16,00080.6(Note) Revisions to Forecast of Financial Results published most recently:

None

Fiscal year ending
March 31, 2024

Profitattributable toowners of parent
Millions%of yen7,500

4.1

Net profit
per shareYen
121.10*Notes(1) Change in significant subsidiaries during the period(changes in specified subsidiaries affecting the scope of consolidation): None
Newly added: ― (Company name: ― )Excluded: ― (Company name: ― )(2) Application of particular accounts procedures to the preparation of quarterly consolidated financial statements:
None(3) Changes in accounting policies, changes in accounting estimates, and restatements(i) Changes in accounting policies due to revision of accounting standards: None(ii) Changes in accounting policies other than item (i) above: None(iii) Changes in accounting estimates: Yes(iv) Restatement: None
For details, please refer to “2. Notes on summary information (special notes) (3) Changes in accounting policies,changes in accounting estimates, and restatements” on p.6 of the attached documents.
(4) Number of shares outstanding (common stock)(i) Number of shares outstanding at end of period (including treasury stock)
As of September 30, 2023
61,993,750 shares
As of March 31, 2023
61,993,750 shares(ii) Number of treasury stock at end of period
As of September 30, 2023
48,941 shares
As of March 31, 2023
69,643 shares(iii) Average number of shares outstanding during the term
For the six months ended September 30, 2023
61,932,677 shares
For the six months ended September 30, 2022
61,910,526 shares* Quarterly financial results are not subject to auditing by a certified public accountant or an audit firm.
* Explanations concerning the appropriate use of financial forecasts and other special notes(Note of caution concerning forward-looking statements)
The forward-looking statements such as results forecasts included in this document are based on the information
available to the Company at the time of the announcement and on certain assumptions considered reasonable, and theCompany makes no representations as to their achievability. Actual results may differ materially from the forecast
depending on a range of factors. For the conditions on which the financial forecasts are based and notes of caution
concerning forward-looking statements, etc., please refer to “1. Qualitative Information on Quarterly Results (3)Explanation of forward-looking information, including consolidated earnings forecasts” on p.5 of the attacheddocuments.

[Attached documents]
Index
Page

1. Qualitative Information on Quarterly Results .......................................................................................................... 2(1) Explanation of consolidated operating results position ........................................................................................ 2(2) Explanation of consolidated financial position..................................................................................................... 4(3) Explanation of forward-looking information, including consolidated earnings forecasts .................................... 5
2. Notes on Summary Information (Special Notes) ...................................................................................................... 6(1) Change in significant subsidiaries during the period ............................................................................................ 6(2) Application of accounting method specific to preparation of quarterly consolidated financial statements .......... 6(3) Changes in accounting policies, changes in accounting estimates, and restatements ........................................... 6
3. Quarterly Consolidated Financial Statements and Important Notes ......................................................................... 7(1) Quarterly consolidated balance sheets .................................................................................................................. 7(2) Quarterly consolidated statements of income and consolidated statements of comprehensive income .......... .... 9
Quarterly consolidated statements of income(April 1, 2023 – September 30, 2023) .................................................................................................................. 9
Quarterly consolidated statements of comprehensive income(April 1, 2023 – September 30, 2023) .................................................................................................................10(3) Quarterly consolidated statements of cash flows .................................................................................................11(4) Notes regarding the quarterly consolidated financial statements ........................................................................12(Notes on premise of going concern) ................................................................................................................12(Notes on significant fluctuations in value of shareholders’ equity) .................................................................12(Segment information, etc.) ..............................................................................................................................121

1. Qualitative Information on Quarterly Results(1) Explanation of consolidated operating results position
During the first half of the current consolidated fiscal year, significant relaxation of COVID-19 measures has led to anormalization of economic activity in Japan. However, the outlook remains uncertain, given the continued high raw
material and fuel prices, monetary tightening around the world, the impact of exchange rate fluctuations, and concerns
about a slowdown in the Chinese economy, among other factors.
The Group’s panel system division was a strong performer despite the impact of semiconductor-related demandcorrections and the slowdown in automobile demand in China. In addition, efforts were made to restore the truck bodybusiness amid the normalization of truck chassis supply, and automotive-related sales are recovering due to higher
capacity utilization rates in automobile production in Japan. Net sales came in line with the same period of the previous
fiscal year due partly to a decline in the aluminum ingot market. However, on the profit side, while aluminum sheet
and extrusions were below the previous fiscal year’s levels, the aluminum foil, powder and paste business, the panel
system division, and the truck body business all posted higher profit than in the same period of the previous fiscal
year. As a result, operating profit and ordinary profit both increased compared to the same period of the previous
fiscal year. Regarding sediment control measures for Amehata Dam owned by our subsidiary Nippon Light Metal
Co., Ltd. in Yamanashi Prefecture, it was determined necessary to implement additional processes for sedimentremoval in accordance with the progress of the Amehata Dam sediment control master plan, among others.
Accordingly, we have revised the estimate for the provision for environmental measures. As a result, the profit
attributable to owners of parent fell over the same period of the previous fiscal year due to an extraordinary loss
recorded as an expense for environmental measures.
Consolidated Results of Operations(Millions of yen)

Net sales
Operating profit
Ordinary profit
Profit attributableto owners of parent

Six months ended
September 30, 2023
250,452
5,681
6,689

Six months ended
September 30, 2022
253,094
3,657
5,207

2,144

3,804

ChangeYoY(2,642)
2,024
1,482

(1.0%)
55.3%
28.5%(1,660)(43.6%)

Earnings by segment
Segments(Millions of yen)
Operating profit(over previous fiscal year)

Net sales(over previous fiscal year)

Aluminum ingot
and chemicals

75,342(3,771)(4.8%)

5,851

(365)

(5.9%)

Aluminum sheet
and extrusions

47,152(8,327)(15.0%)(1,375)(1,789)－Fabricated products
and others

76,775

7,994

11.6%

99

1,919

－

Aluminum foil,
powder and paste

51,183

1,462

2.9%

2,903

2,351

425.9%

Elimination andcompany-wide

－

－

－

(1,797)(92)－

250,452(2,642)(1.0%)

5,681

2,024

55.3%

Total

2

An overview of each business segment is provided below.
<Aluminum ingot and chemicals>
The aluminum chemical division saw a decrease in sales volumes for products for refractories and ceramics among
the mainstay aluminum hydroxide and alumina-related products and for inorganic chlorine compounds amongchemical products, which resulted in lower net sales than in the same period of the previous fiscal year. On the
profitability side, despite the impact of soaring raw material and fuel prices, profit came in line with the same periodof the previous fiscal year due to the effect of sales price revisions.
The ingot division saw an increase in sales volume over the same period of the previous fiscal year for the mainstay
secondary alloy for automobiles as a result of higher sales attributable to the ongoing recovery in automobile
production in Japan and solid sales in the U.S. and Thailand. However, both net sales and operating profit declined
over the same period of the previous fiscal year due to a drop in sales prices reflecting the aluminum ingot market
conditions.
As a result of the above, net sales in the aluminum ingot and chemicals segment in the first half of the current
consolidated fiscal year decreased by 3,771 million yen (4.8%) year on year, from 79,113 million yen to 75,342
million yen. Operating profit amounted to 5,851 million yen, down 365 million yen (5.9%) compared to 6,216 million
yen in the same period of the previous fiscal year.
<Aluminum sheet and extrusions>
In the sheet product division, net sales were significantly affected by the decrease in sales of thick sheets forsemiconductor manufacturing equipment compared to the same period of the previous year due to the ongoing demandcorrection for semiconductors. In addition, sales prices declined, reflecting the aluminum ingot market conditions. As
a result, net sales and operating profit were below the previous fiscal year’s levels.
In the extruded product division, despite the ongoing recovery in products for truck bodies and domestic automobiles,
net sales fell over the same period of the previous fiscal year due to a decrease in sales of products for semiconductor
manufacturing equipment and automobile-related products in China, among other factors. On the profitability side,
operating profit decreased over the same period of the previous fiscal year due primarily to the sales impact and thetime required to stabilize mass production operations at the new plant in the U.S.
As a result of the above, net sales in the aluminum sheet and extrusion products segment for the first half of the current
consolidated fiscal year decreased by 8,327 million yen (15.0%) year on year, from 55,479 million yen to 47,152
million yen. An operating loss of 1,375 million yen was recorded, representing a downward change of 1,789 million
yen from the operating profit of 414 million yen recorded in the same period of the previous fiscal year.
<Fabricated products and others>
In the transport-related division, net sales in the truck body business exceeded the previous fiscal year’s level thanks
to the recovery in production amid the normalization and stabilization of truck chassis supply. On the profitability
side, material prices remained high but stabilized and the effects of progress in sales price revisions were significant,which resulted in improvements in operating profit over the same period of the previous fiscal year.
In the panel system division, the freezing and refrigeration field saw an increase in sales of large projects, including
those for food factories and low-temperature distribution warehouses, and the clean room field was supported byrising demand from semiconductor-related manufacturers, leading to higher sales. As a result, net sales and operating
profit in the division as a whole increased over the same period of the previous fiscal year.
As a result of the above, net sales in the fabricated products and others segment increased by 7,994 million yen(11.6%) to 76,775 million yen in the first half of the current consolidated fiscal year, compared to 68,781 million yen
in the same period of the previous fiscal year. An operating profit of 99 million yen was recorded, representing an
upward change of 1,919 million yen from the operating loss of 1,820 million yen recorded in the same period of theprevious fiscal year.

3

<Aluminum foil, powder and paste>
In the aluminum foil division, the sale of foils for automobile lithium-ion battery exteriors increased over the same
period of the previous fiscal year due to the recovery in automobile production, and sales of processed foil for medical
product packaging increased due partly to sales price revisions. As a result, net sales for the division overall exceeded
the previous fiscal year’s level.
In the powder and paste division, sales of powder products for heat dissipation, such as aluminum powder forelectronic materials and aluminum nitride, were below the previous fiscal year’s levels due to the ongoing demandcorrection related to semiconductors. In paste products, on the other hand, sales of mainstay automobile paints
increased as a result of the recovery of automobile production both in Japan and overseas. As a result, net sales forthe entire division increased over the same period of the previous fiscal year.
In the daily necessities division, division-wide net sales exceeded the previous fiscal year’s level thanks to solid salesof house-care products and the effect of price revisions for aluminum foil in consumer products, as well as strong
sales of packaging products for frozen foods.
As a result of the above, net sales of aluminum foil, powder, and paste segments in the first half of the current
consolidated fiscal year increased by 1,462 million yen (2.9%) year on year, from 49,721 million yen to 51,183 million
yen. Meanwhile, on the profit side, operating profit increased by 2,351 million yen year on year, from 552 million
yen to 2,903 million yen, due to an increase in sales in each division and the effect of revisions to sales prices.
(2) Explanation of consolidated financial positiona. Status of assets, liabilities, and net assets
As of the end of the first half of the current consolidated fiscal year, total assets increased by 1,112 million yen
compared to the end of the previous consolidated fiscal year to 527,313 million yen due to a higher market valueof investment securities in investments and other assets resulting from a rise in stock prices, among other factors.
Liabilities decreased by 4,405 million yen compared to the end of the previous consolidated fiscal year to 301,038
million yen due to repayments of borrowings resulting from a decrease in working capital and other factors. Net
assets increased by 5,517 million yen compared to the end of the previous consolidated fiscal year to 226,275
million yen due to an increase in foreign currency translation adjustment in response to the depreciating yen andother factors. The equity ratio rose from 39.0% at the end of the previous consolidated fiscal year to 39.9%.
b.

Cash flow
Cash flows from operating activities
Net cash provided by operating activities in the first half of the current consolidated fiscal year amounted to21,856 million yen. This was due to non-cash profit/loss items such as profit before income taxes anddepreciation. Operating activities used 7,625 million yen in net cash in the same period in the previous fiscal
year, but in the first half of the current consolidated fiscal year, operating activities provided 21,856 million yen
in net cash, primarily due to a decrease in working capital.
Cash flows from investing activities
Net cash used in investing activities in the first half of the current consolidated fiscal year amounted to 9,455
million yen. This was primarily due to purchase of property, plant and equipment. Net cash used in investing
activities was up 3,844 million yen compared to the same period in the previous fiscal year, which was primarily
due to a decrease in proceeds from sale of investment securities.
Cash flows from financing activities
Net cash used in financing activities in the first half of the current consolidated fiscal year amounted to 13,192
million yen. This was primarily due to repayments of borrowings. Net cash used in financing activities was up
10,511 million yen compared to the same period in the previous fiscal year, which was primarily due to anincrease in repayments of short-term borrowings.
As a result, cash and cash equivalents on a consolidated basis were down 157 million yen (0.5%) compared tothe end of the previous consolidated fiscal year to 31,106 million yen.

4(3) Explanation of forward-looking information, including consolidated earnings forecasts
With regard to the forecasts from the third quarter and beyond, the panel system division has remained a strong
performer and recovery in products for truck bodies and domestic automobiles is ongoing. However, given theuncertainty of the timing of recovery in semiconductor-related demand as well as the automotive-related demand
outlook in China, we have not changed our consolidated forecast for the fiscal year ending March 31, 2024, releasedon May 15, 2023.
(Note) The forward-looking statements such as results forecasts included in this document are based on theinformation available to the Company at the time of the announcement and on certain assumptions
considered reasonable. Actual results may differ materially from the forecasts depending on a range offactors.

5

2. Notes on Summary Information (Special Notes)(1) Change in significant subsidiaries during the periodNone(2) Application of accounting method specific to preparation of quarterly consolidated financial statements
None(3) Changes in accounting policies, changes in accounting estimates, and restatements
Changes in accounting estimates(Provision for environmental measures)
The Group sets out several realistic and feasible plans (i.e., removal methods and destinations) to remove the amountof sediment as specified in the Amehata Dam sediment control master plan. In addition, the Group makes a reasonableestimate of costs for sediment removal, construction of in-river routes used to transport the sediment and site
preparation work if the work is performed at the removal destination, as well as other incidental costs. These costs
are recorded as “provision for environmental measures” in the quarterly consolidated balance sheets.
During the first half of the current consolidated fiscal year, it was determined necessary to implement additional
processes for sediment removal in accordance with the progress of the Amehata Dam sediment control master plan,among others. Accordingly, we have revised the estimate for the provision for environmental measures. As a result,
we recorded an extraordinary loss of 1,796 million yen as an expense for environmental measures, resulting in adecrease of the same amount in profit before income taxes for the first half of the current consolidated fiscal year.

63. Quarterly Consolidated Financial Statements and Important Notes(1) Consolidated Balance Sheets(Millions of yen)
As of March 31, 2023

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, andcontract assets
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Tools, furniture and fixtures, net
LandConstruction in progress
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

7

As of September 30, 2023

31,30531,269150,709150,715

44,576
20,71529,332
16,062(366)
292,333

44,28624,14027,854
14,035(383)
291,916

58,83947,4885,873
55,046
7,003
174,249

59,03147,341
5,843
55,161
7,116
174,492

1,771
10,392
12,163

1,577
10,199
11,77648,009(553)
47,456
233,868
526,201

49,675(546)
49,129235,397
527,313(Millions of yen)
As of March 31, 2023
Liabilities
Current liabilities
Notes and accounts payable - trade
Short-term borrowings
Income taxes payable
Other
Total current liabilities
Non-current liabilities
Bonds payable
Long-term borrowings
Retirement benefit liability
Provision for environmental measures
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

8

As of September 30, 2023

68,53993,157
1,025
33,758
196,479

72,116
84,143
2,012
34,490192,761

801
69,612
18,571
12,693
7,287
108,964
305,443897
67,66818,943
13,333
7,436
108,277
301,038

46,52519,087130,938(95)
196,455

46,52519,008132,463(67)
197,929

3,535

5,114

(39)
145
5,826
(447)
9,020

59
145
7,676
(531)

12,463

15,283
220,758
526,201

15,883
226,275
527,313

(2) Quarterly Consolidated Statements of Income andQuarterly Consolidated Statements of Comprehensive Income
Quarterly Consolidated Statements of Income(April 1, 2023 – September 30, 2023)(Millions of yen)Six months ended
September 30, 2022

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Share of profit of entities accounted for using
equity method
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary profit
Extraordinary losses
Environmental expenses
Total extraordinary losses
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitProfit (loss) attributable to non-controllinginterests
Profit attributable to owners of parent

253,094
215,256
37,83834,181
3,657

250,452
210,061
40,391
34,710
5,681

1,220

701

1,448
2,010
4,678

1,041
1,452
3,194

627
2,501
3,128
5,207

672
1,514
2,186
6,689

－
－
5,207
1,054
1,170
2,224
2,983

1,796
1,796
4,893
2,096
357
2,453
2,440

(821)

296

3,804

9

Six months ended
September 30, 2023

2,144

Quarterly Consolidated Statements of Comprehensive Income(April 1, 2023 – September 30, 2023)(Millions of yen)Six months ended
September 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, netof taxShare of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to ownersof parent
Comprehensive income attributable to noncontrolling interests

10

Six months ended
September 30, 2023

2,983

2,440

244

1,580

(245)
1,616

100
1,762

945

639

(253)

(78)

2,307
5,290

4,003
6,443

5,497

5,587

(207)

856

(3) Quarterly Consolidated Statements of Cash Flows(Millions of yen)Six months ended
September 30, 2022
Cash flows from operating activities
Profit before income taxes
Depreciation
Amortization of goodwill
Increase (decrease) in allowance for doubtful
accounts
Increase (decrease) in retirement benefit
liability
Increase (decrease) in provision forenvironmental measures
Interest and dividend income
Interest expenses
Share of loss (profit) of entities accounted forusing equity method
Decrease (increase) in trade receivables
Decrease (increase) in inventories
Increase (decrease) in trade payables
Other, net
SubtotalInterest and dividends received
Interest paid
Income taxes refund (paid)
Net cash provided by (used in) operating
activities
Cash flows from investing activities
Purchase of property, plant and equipment
Proceeds from sale of investment securities
Other, net
Net cash provided by (used in) investing
activities
Cash flows from financing activities
Net increase (decrease) in short-termborrowings
Proceeds from long-term borrowings
Repayments of long-term borrowings
Dividends paid
Dividends paid to non-controlling interests
Other, net
Net cash provided by (used in) financing
activities
Effect of exchange rate change on cash and cash
equivalents
Net increase (decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period

Six months ended
September 30, 2023

5,207
9,603
347

4,893
10,095
348

(103)

5

290

272

(1,490)

640

(227)
627

(277)
672

3,370
(12,803)(2,538)(2,611)(1,548)385(639)(5,823)

2,509
(468)
2,520
334
20,842
636
(751)
1,129

(8,415)
3,363
(559)

(8,688)376(1,143)

4,411(8,642)(1,220)(7,625)(5,611)

5,000(7,774)(2,786)
(716)
(816)

21,856(9,455)51(3,125)
(619)
(438)
(419)

(2,681)(13,192)(14,825)

(157)

1,092

45,14530,320

11

(701)

634

31,263
31,106

(4) Notes regarding the quarterly consolidated financial statements(Notes on premise of going concern)
Not applicable(Notes on significant changes in the amount of shareholders’ equity)
Not applicable(Segment information, etc.)
I. First Half of the Fiscal Year Ended March 31, 2023 (April 1, 2022 to September 30, 2022)
1. Information on net sales and profit (loss) by reporting segment
Reporting segments
Aluminum Aluminum Fabricated Aluminum
ingot andsheet and products and foil, powder,chemicals extrusions
othersand paste

Total(Millions of yen)
Quarterly
Adjust- consolidated
ments*1
profit/loss
posted*2

Net sales
Net sales to external－
79,11355,47968,78149,721
253,094
253,094
customers
Intersegment sales－
31,607
12,5286,603
175
50,913(50,913)or transfers
Total
110,72068,00775,38449,896
304,007(50,913)253,094
Segment profit (loss)
6,216
414
(1,820)552
5,362(1,705)
3,657
Notes:*1 The 1,705 million yen negative adjustment to segment profit (loss) represents corporate expenses and mainlycomprises expenses related to General Affairs, HR, Accounting, and other head office administration
departments of the Company and Nippon Light Metal Company, Ltd.
*2 Segment profit is adjusted with operating profit on the quarterly consolidated statements of income.
2. Information related to impairment loss of noncurrent assets and goodwill by reporting segment:
Not applicable
II. First Half of the Fiscal Year Ending March 31, 2024 (April 1, 2023 to September 30, 2023)
1. Information on net sales and profit (loss) by reporting segment(Millions of yen)
Reporting segments
Quarterly
Adjust- consolidated
Aluminum Aluminum Fabricated Aluminum
ments*1
profit/loss
ingot andsheet and products and foil, powder,Total
posted*2chemicals extrusions
othersand paste
Net sales
Net sales to external－
75,34247,152
76,77551,183
250,452
250,452
customers
Intersegment sales－
24,14913,691
7,117
169
45,126(45,126)
or transfers
Total
99,49160,84383,892
51,352295,578(45,126)
250,452
Segment profit (loss)
5,851(1,375)
99
2,903
7,478
(1,797)
5,681
Notes:*1 The 1,797 million yen negative adjustment to segment profit (loss) represents corporate expenses and mainlycomprises expenses related to General Affairs, HR, Accounting, and other head office administration
departments of the Company and Nippon Light Metal Company, Ltd.
*2 Segment profit (loss) is adjusted with operating profit on the quarterly consolidated statements of income.

12

2. Information related to impairment loss of noncurrent assets and goodwill by reporting segment:
Not applicable13