Metal One Corporation and Subsidiaries
Financial Results for the Year Ended March 2019

16th Term(April 1, 2018 to March 31, 2019)

June 6, 2019
7-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo

Metal One Corporation

Metal One Corporation

Consolidated Statement of Financial Position (Non-audit, based on IFRS)(In ¥ million)
AssetsItem

Liabilities

Previous fiscal year

Current fiscal year

(March 31, 2018)(March 31, 2019)

Change(amount)

Item

Previous fiscal year

Current fiscal year

(March 31, 2018)(March 31, 2019)

Change(amount)

825,428

880,964

55,536

Current liabilities

622,367

642,252

Cash and cash equivalents

23,966

17,949-6,017

Borrowings

293,990296,757

2,767

Trade and other receivables

552,533

547,540-4,993

Trade and other payables

310,256

307,448-2,808Current assets

19,885

944

429

-515

Other financial liabilities

1,435

447

-988

Inventories

220,114250,280

30,166

Advances from customers

2,960

1,775

-1,185

Advance payments to suppliers

12,465

7,116-5,349

Income tax payables

5,353

4,340

-1,013

Assets classified as held for sale-41,474

41,474

Provisions

812

39

-773

15,406

16,176770-23,679

23,679Other current liabilities

7,561

7,767

206

Non-current liabilities

64,04977,797

13,748Other financial assets

Other current assets

262,709251,737

Investments accounted for using theequity method

59,16360,840

1,677

Borrowings

41,782

57,63415,852Other investments

80,23373,199-7,034

Trade and other payables

1,105

1,218

113

80

46-34

Other financial liabilities

1514

-1

Property, plant and equipment

104,321102,634-1,687Retirement benefit obligation

3,838

2,715

-1,123

Intangible assets and goodwill

12,918

10,246-2,672

Provisions

Deferred tax assets

3,154

2,471

-683

Other non-current assets

2,840

2,301

-539

Non-current assets

Other financial assets-10,972

Liabilities directly associated withassets calssified as held for sale

Deferred tax liabilities
Other non-current liabilities
Total liabilities

629

576

-53

16,50915,493-1,016

171

147

-24

686,416

720,049

33,6339,191

Equity366,927

376,118

Common stock

100,000

100,000-

Additional paid-in capital

50,54250,436-106

Other components of equity

Equity attributable to owners of the parent

35,41130,857-4,554

Other investments designated as FVTOCI

23,491

19,835-3,656

Exchange differences on translating
foreign operations

11,92011,022-898

180,974

194,825

13,851Retained earnings
Non-controlling interests

Total assets

1,088,137

1,132,701

44,56434,79436,534

1,740

Total equity

401,721412,652

10,931

Total liabilities and equity

1,088,137

1,132,701

44,564

Metal One Corporation

Consolidated Statement of Income (Non-audit, based on IFRS)(In ¥ million)
Item

Previous fiscal year

Current fiscal yearApril 1, 2017 toMarch 31, 2018

April 1, 2018 toMarch 31, 2019Year-on-year
Change(amount)

Change(percentage)

2,118,044

2,308,680

190,6369.0%

116,817

123,919

7,102

6.1%

(Gross profit ratio)(5.5%)(5.4%)

Selling, general and administrative expenses-85,479-87,189-1,710

2.0%

-512

-728

-216

42.2%

Operating income*

30,82636,002

5,176

16.8%

Gains on investments

439

1,487

1,048

238.7%

79577

498

630.4%

-517

-230

287

-55.5%

Other income

2,751

3,320

569

20.7%

Other expense-1,225-2,811-1,586

129.5%

Finance income

1,764

1,871

107

6.1%

Sales*
Gross profit

Provision for doubtful receivables

Gains on disposal and sale of property,plant
equipment and others
Impairment losses on property, plant andequipment and others

Finance costs-4,374-6,570-2,196

50.2%

Share of profit of investments accounted for using
the equity method

5,860

5,601

-259

-4.4%

Profit before tax

35,60339,247

3,644

10.2%

Income taxes-8,330-10,000-1,67020.0%

Profit for the year

27,27329,247

1,974

7.2%

Profit for the year attributable to owners of the parent

23,411

25,432

2,021

8.6%

Profit for the year attributable to non-controlling interests

3,862

3,815-47-1.2%*Sales and Operating income have been disclosed according to Japanese standards for presentation methods.