October 31, 2023
Name of Company: Nippon Light Metal Holdings Company, Ltd.
Name of Representative: Ichiro Okamoto,President & Chief Executive Officer(Stock Code: 5703 Tokyo Stock Exchange, Prime Market)
Contact: Chizu Ishikawa,
Public Relations and IR Director, Planning & Supervision Office(TEL: +81-3-6810-7160)

Notice concerning disparities between forecast of consolidated financial results andactual results for first half of fiscal year ending March 31, 2024, as well as
recording of extraordinary loss
Nippon Light Metal Holdings Company, Ltd., hereby announces that there are differencesbetween its forecast of the consolidated financial results for the first half of the fiscal year ending
March 31, 2024 (from April 1, 2023, to March 31, 2024), released on July 31, 2023, and theactual results released today.
In addition, an extraordinary loss related to sediment control measures will be recorded for the
first half of the fiscal year ending March 31, 2024. Details are as follows.
1. Differences between forecast of the consolidated financial results for the first half of thefiscal year and the actual results (from April 1, 2023, to September 30, 2023)
ProfitNet
Operating Ordinary
attributable
Profit persales
profitprofitto owners ofshareparentPrevious forecast (A)Actual results (B)Amount of change (B–A)
Percentage change (%)(Ref) Results of the previous

fiscal year (first half of fiscal

Millions

Millions ofMillions ofof yen

yen

yen

250,000
250,452452
0.2
253,094

4,000
5,681
1,681
42.0
3,657

4,500
6,689
2,189
48.6
5,207

Millions of yen

Yen

2,000
2,144
144
7.2
3,804

32.30
34.62
－－
61.44

year ended March 31, 2023)

Reasons for differences
Although semiconductor-related demand corrections and the slowdown in extrusion
products for automobiles in China had an impact on aluminum sheet and extrusions,operating profit and ordinary profit in the first half of this fiscal year were higher than we
had previously forecasted (on July 31, 2023) thanks to strong performance by the panel
system division and recovery in the truck body business of the transport-related division, as
well as in aluminum foil, powder, and paste.
With regard to the full-year financial results forecasts, the panel system division has－１－remained a strong performer since the third quarter, and recovery in products for truck
bodies and domestic automobiles is ongoing. However, given the uncertainty of the timingof recovery in semiconductor-related demand as well as the automotive-related demand
outlook in China, we have not changed our consolidated forecasts for the fiscal year ending
March 31, 2024, released on May 15, 2023.
We have not changed our dividend forecasts for the fiscal year ending March 31, 2024
(interim dividend of 10 yen and year-end dividend of 40 yen per ordinary share).
2. Details of extraordinary loss
Heavy rain accompanying typhoons in August and October of 2019 caused the water level ofthe Amehata River upstream from Amehata Dam (Hayakawa Town, Minamikoma District,
Yamanashi Prefecture), which is owned by our subsidiary Nippon Light Metal Co., Ltd., torise. This resulted in flood damage to nearby areas.
In April 2020, we compiled the Amehata Dam sediment control master plan consisting ofemergency measures for flood damage to nearby areas, as well as drastic sediment control
measures, together with the Ministry of Land, Infrastructure, Transport and Tourism;
Yamanashi Prefecture; and Hayakawa Town. The short-term plan for the 2020 and 2021
fiscal years has been completed, and the medium-term plan for the 2022 through 2024 fiscal
years is currently underway. However, it was determined necessary to implement
additional processes for sediment removal in accordance with the progress of the master
plan, among others. Accordingly, a resolution was passed at the Board of Directors meeting
held today to record 1,796 million yen in extraordinary loss as an expense for environmental
measures.

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