Dowa Holdings Co., Ltd. · TSE:5714
Dowa — H1 FY2025 Earnings Presentation
19 slides from Dowa's earnings presentation, Nov 21, 2025
Slide 1: Corporate Strategy Briefing
Corporate Strategy Briefing First Half of FY2025 (FY Ending March 2026) November 21, 2025 ©️ DOWA HOLDINGS CO., LTD. 1
Slide 2: Full-Year Forecasts for FY2025
Full-Year Forecasts for FY2025 (Year-on-year comparison) In the first half, revenue and profit declined due to reduced sales of silver powder, derivative valuation losses, and worsening purchasing conditions for zinc raw materials. For the second half, the company expects rising metal prices, an inc
Slide 3: Analysis of Changes in Ordinary Profit Forecast for FY2025
Analysis of Changes in Ordinary Profit Forecast for FY2025 (Compared to Initial Plan) (billion yen) Initial forecasts 34.0 Key Factors Behind Increase/ Decrease (H1) - Despite recording a one-time valuation loss from derivative FY2025 H1 0.3 valuation, profit increased by 300 million yen due to high
Slide 4: Progress of Medium-Term Plan 2027: Creation of Value
Progress of Medium-Term Plan 2027 Creation of Value Strengthening Growth Businesses and Developing New Businesses and Products ©️ DOWA HOLDINGS CO., LTD. 4
Slide 5: Environmental Management & Recycling | Business Overview for FY2025
Environmental Management & Recycling | Business Overview for FY2025 Business Strategy （From the Second Half of FY2025 Onward） Net Sales and Ordinary Profit （billion yen) - Collection volume of PCB waste is on a declining trend as the March 2027 192.7 25 200 180.1 198.0 treatment deadline approaches.
Slide 6: Environmental Management & Recycling: Establishment of Kumamoto Plant
Strengthening Growth Businesses | Environmental Management & Recycling : Establishment of Kumamoto Plant - Kyushu Region： One of Japan’s leading production base for semiconductors, electronic components, and automobiles, and a leading region for solar power generation. - In August 2025, we establish
Slide 7: Nonferrous Metals | Business Overview for Fiscal Year 2025
Nonferrous Metals | Business Overview for Fiscal Year 2025 Business Strategy （From the Second Half of FY2025 Onward） Net Sales and Ordinary Profit （billion yen) - Utilizing the new collection base in North America, we will work to increase 500 50 433.6 the collection of spent catalysts and expand PG
Slide 8: Electronics Materials | Business Overview for Fiscal Year 2025
Electronics Materials | Business Overview for Fiscal Year 2025 Business Strategy （From the Second Half of FY2025 Onward） Net Sales and Ordinary Profit （billion yen) - New projects for short-wavelength-Infrared LEDs and PDs will be secured as 200 183.1 164.8 10 planned, and development will continue
Slide 9: Electronics Materials: Restructuring of Revenue Base
Strengthening Growth Businesses | Electronics Materials : Restructuring of Revenue Base Electronic Materials Business Restructuring Measures in Medium-Term Plan 2027 Sales Ratio for LED/PD (FY2024=1.0) - Capture demand for solar panel applications through the development of new 1.5 conductive powder
Slide 10: Electronics Materials: Launching New Business
Strengthening Growth Businesses | Electronics Materials : Launching New Business As an unplanned project, we are responding to a sharp increase in demand for complex oxide powder and the emergence of new applications for nano-silver powder. Complex Oxide Powder (Fuel Cell Electrode Material) - As th
Slide 11: Metal Processing | Business Overview for Fiscal Year 2025
Metal Processing | Business Overview for Fiscal Year 2025 Business Strategy （From the Second Half of FY2025 Onward） Net Sales and Ordinary Profit （billion yen) - Steady demand is expected for both automotive applications and information 150 143.0 136.7 10 128.7 and communication equipment. 116.1 116
Slide 12: Heat Treatment | Business Overview for Fiscal Year 2025
Heat Treatment | Business Overview for Fiscal Year 2025 Business Strategy (From the Second Half of FY2025 Onward) Net Sales and Ordinary Profit （billion yen) - Automotive related demand remains firm, and year-on-year profit growth is 40 33.7 34.0 35.3 5 expected. 32.2 30.1 4 - In Japan, we will prom
Slide 13: Heat Treatment: Growth Potential in India
Strengthening Growth Businesses | Heat Treatment : Growth Potential in India - India’s GDP growth rate is expected to exceed 6% annually, and its working-age population will continue to increase until 2050. A large labor force is also one of India’s key attractions. - Under the “Make in India” sloga
Slide 14: UL-Certified Products
Development of New Businesses and Products | Efforts Towards Achieving Truly Circulation Among major B-to-C companies in Japan and overseas, targets for the use of recycled materials are being set, and demand for our recycled products is on an upward trend. 1 Potassium Gold Cyanide Certification of
Slide 15: Progress of Medium-Term Plan 2027: Mitigating Risks
Progress of Medium-Term Plan 2027 Controlling Variability, Cultivating Expectations Mitigating Risks ©️ DOWA HOLDINGS CO., LTD. 15
Slide 16: Sustainability Indicators and Goals (KPIs)
Mitigating Risks | Sustainability Indicators and Goals (KPIs) *Materials and KPIs are excerpted We aim to realize the vision (our goal in 2030) by achieving the targets for each KPI set under the materiality Creating a resource-recycling society / themes Materiality Enhancing products and services t
Slide 17: Enhancement of Human Capital
Mitigating Risks | Enhancement of Human Capital We will promote various measures to realize our vision for 2030 in enhancing of human capital "Creating an organization that continues to grow as it strives to create economic and social value." - Strengthening recruitment - Utilizing social media serv
Slide 18: (Supplement) Assumptions and Sensitivity
(Supplement) Assumptions and Sensitivity Sensitivity (Operating Profit / year) Million yen Assumptions Fluctuation Sensitivity Exchange rate 148.0 ¥／＄ ±1¥／＄ 240 Copper 10,000 ＄／ｔ ±100＄／ｔ 10 Zinc 3,000 ＄／ｔ ±100＄／ｔ 250 Indium 350 ＄／kg ±10＄／kg 30 * Exchange rate sensitivity; Nonferrous Metals 220 milli
Slide 19: Forward-looking statements
Forward-looking statements made in this document, such as business forecast, are based on the information available at this time and on certain premises that the Company assumes to be reasonable. Actual performance may differ materially from such forecasts due to a variety of factors. ©️ DOWA HOLDIN