Financial results for the first half ofthe fiscal year ending March 31, 2021,
and full-year earnings forecasts

November 12, 2020

Nippon Light Metal Holdings Company, Ltd.

Financial results for the first half of the fiscal year ending March 31, 2021

Financial results for the first half of the fiscal year
– compared with the same period in the previous fiscal year

(Billions of yen)

April–September April–September
2020 Results
2019 Results

Change-33.1

Net sales

198.5

231.6

Operating profit

7.9

11.7

Ordinary profit

7.7

11.5

Profit attributable toowners of parent4.7

7.7

End of Sept. 2020
Results

End of March 2020
Results

Equity ratio

39.5%

39.6%

-0.1p

D/E ratio

0.8 times

0.7 times+0.1p(-14.3%)-3.8(-32.6%)-3.8(-33.2%)-3.0(-38.5%)

Change2

Financial results for the first half of the fiscal year ending March 31, 2021

Segment information – compared with the same period in the previous fiscal year
(Billions of yen)

Net sales
April–Sept. 2020 April–Sept. 2019
Results
Results

Aluminum ingot
and chemicals

38.8

52.8

Aluminum sheet
and extrusions

44.9

50.5

73.6

83.241.2

45.1

Management, shared－－Total

198.5

231.6

Fabricatedproducts andothers
Aluminum foil,
powder, and paste

Operating profit
Change-14.0

April–Sept. 2020 April–Sept. 2019
Results
Results

Change-2.0

4.3

6.3

1.4

1.2

2.7

4.4

(-8.6%)

1.1

1.5(-28.4%)

－-1.6

-1.7

+0.1

7.9

11.7

-3.8

(-26.5%)-5.6(-11.1%)-9.6(-11.6%)

-3.9

-33.1
(-14.3%)(-31.4%)+0.2(+19.9%)-1.7(-39.7%)-0.4(-32.6%)3

Forecast of consolidated financial results for the fiscal year ending March 31, 2021

Full-year earnings forecasts – compared with the previous fiscal year
(Billions of yen)

Fiscal 2020
Forecasts

Fiscal 2019Results

Net sales

415.0

465.9

Operating profit

18.0

24.6

Ordinary profit

17.0

23.5

Profit attributable toowners of parent

10.0

7.5

Change-50.9(-10.9%)-6.6(-26.9%)-6.5(-27.6%)+2.5(+33.8%)*End-fiscal 2020 dividend forecast: 65 yen per share
Since the Company implemented a share consolidation on October 1, 2020 in which
10 shares of common stock were consolidated into one share, the forecasts forFY2020 show the amounts taking into account the impact of this share consolidation.

4

Overview of 2019 Medium-term Plan

Basic Policies of Medium-term Management Plan
Team NLM—Groundbreaking Innovator of Aluminum and Beyond<Basic policies>
1. Creation of new products and new business➢ Create new value for all customers by thoroughly pursuing Group-Wide cooperation➢ Develop products and businesses, taking advantage of the supply chain with manufacturing
at the core

2. Invest resources for growth➢ More vigorously invest resources into fields and regions where the Group’s strengths can beutilized➢ Manage the Group’s organizations agilely and utilize external resources according tobusinesses

3. Strengthening of management foundation➢ Give top priority to safety and ensure compliance and quality➢ Enrich human resources to improve corporate value sustainably
5Notes on this document
1. This document is intended to provide information on the financial results for the fiscal year ending March 31, 2021, and future
management strategies, and not to solicit the purchase or sale of the marketable securities issued by the Company.
2. The forward-looking statements, including future trends and earnings estimates, are not historical facts and involve risks anduncertainties, and therefore do not guarantee future performance. Actual financial results may differ materially from theestimates due to various factors, including unpredictable changes in economic conditions. Significant factors that may affectactual financial results include but are not limited to the economic climate surrounding the Group, social trends, and changes in
the Group’s relative competitiveness in line with the demand trends for the products and services provided by the Group.
3. The matters described in this document reflect the views of the Company at the time of its preparation and are subject tochange without prior notice.
4. The Company shall assume no responsibility for any damage resulting from the use of this document.