Metal One Corporation and Subsidiaries
Financial Results for the Year Ended March 2024

21st Term(April 1, 2023 to March 31, 2024)

June 11, 2024
7-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo

Metal One Corporation株式会社メタルワン

Consolidated Statement of Financial Position (IFRS Results)(¥ million)
Liabilities

AssetsItem
Current assets
Cash and cash equivalents

Previous fiscal yearCurrent fiscal year
(March 31, 2023)(March 31, 2024)

925,676

827,485

Change(amount)

Item

Previous fiscal yearCurrent fiscal year
(March 31, 2023)(March 31, 2024)

Change(amount)-98,191

Current liabilities

635,828

515,323-120,505

Borrowings

Income tax payables

280,710
318,424
3,420
810
17,517
4,209

172,939
311,912
3,731
1,275
5,836
5,989

-107,771-6,512311
465-11,6811,780

Income tax receivable

15,599543,784904
318,526
21,882
4,065

19,102
477,082332
290,310
11,9595,694

3,503-66,702-572-28,216-9,923
1,629

Other current assets

20,91623,006

2,090

Other current liabilities

10,73813,641

2,903

222,787

231,733

8,946

Non-current liabilities

53,476

68,673

15,197

71,626
31,617
109
101,844
11,765

1,764
2,661
-248
4,782
436

Borrowings

Intangible assets and goodwill

69,862
28,956357
97,062
11,329Retirement benefit obligation

35,130
1,007
5,844
40
2,403

48,000
1,493
5,667
62
2,523

12,870
486
-177
22
120

Right-of-use assets

9,039

9,116

77

Deferred tax liabilities

8,150

10,151

2,001

Deferred tax assets

4,034

2,576

-1,458

902

777

-125

Other non-current assets

2,148

3,080

932

689,304

583,996-105,308

420,291
100,000
51,160434,899
100,000
50,831

14,608-329

36,3539,920
26,43356,54013,14043,40020,1873,220
16,967

232,778

227,528-5,250Trade and other receivables

Other financial assets
Inventories
Advance payments to suppliers

Non-current assets
Investments accounted for using theequity method

Other investments
Other financial assets
Property, plant and equipment

Trade and other payables

Lease liabilities
Other financial liabilities
Advances from customers

Trade and other payables

Lease liabilities
Other financial liabilities

Other non-current liabilities
Total liabilities

EquityEquity attributable to owners of the parent

Common stock
Additional paid-in capital
Other components of equity
Other investments designated as FVTOCI
Exchange differences on translating foreign
operations

Retained earnings

Total assets

1,148,463

1,059,218-89,245

Non-controlling interests

38,86840,323

1,455

Total equity

459,159475,222

16,063

Total liabilities and equity

1,148,463

1,059,218-89,245

株式会社メタルワン

Consolidated Statement of Income (IFRS Results)(¥ million)
Item

Previous fiscal year

Current fiscal year

April 1, 2022 toMarch 31, 2023

April 1, 2023 toMarch 31, 2024

Year-on-year
Change(amount)

Change(percentage)

2,396,213

2,354,367-41,846-1.7%

Cost of sales-2,256,512-2,215,717

40,795-1.8%

Gross profit

139,701

138,650-1,051-0.8%

Selling, general and administrative expenses-84,867-88,263-3,396

4.0%

-192

859

1,051

-

950

1,930

980

103.2%

Revenue

Gains (losses) on investments
Gains on disposal and sale of property,
plant and equipment and others
Impairment losses on property, plant andequipment and others
Other income-195-195-

5,381

3,506

-1,875-34.8%

Other expense-5,108-3,564

1,544-30.2%

Finance income

1,031

1,449

418

40.5%

Finance expense
Share of profit of investments accounted
for using the equity method
Profit before tax-9,328-10,376-1,048

11.2%

8,734

7,945

-789

-9.0%

56,10752,136-3,971-7.1%

Income taxes-10,885-13,529-2,644

24.3%

Profit for the year

45,22238,607-6,615-14.6%

Owners of the parent

41,51635,025-6,491-15.6%

Non-controlling interests

3,706

3,582-124-3.3%

Profit for the year attributable to: