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Volumes increased, but business profit s lumped due to impact of market prices and other factors
Full-year profit to recover - upward revision to net profit, dividend forecasts
(Billions of yen) | Results for Q1 FY2024 | Results | YoY |
Sales volume (Thousands of tons) | 633 | 663 | 30 |
Revenue | 487.1 | 540.1 | 53.0 |
Business profit*1 | 30.0 | 16.9 | (13.1) |
Net profit*2 | 16.7 | 7.4 | (9.3) |
Adjusted EBITDA*3 | 48.7 | 36.2 | (12.5) |
(Billions of yen) | Announced on May 13, 2025 | Current Forecast | Difference |
Sales volume (Thousands of tons) | 1,351 | 1,347 | (4) |
Revenue | 1,040.0 | 1,100.0 | 60.0 |
Business profit | 46.0 | 46.0 | 0 |
Net profit | 20.0 | 23.0 | 3.0 |
Adjusted EBITDA | 85.5 | 85.5 | 0 |
Annual dividends (yen/share)*4 | 40 | 42 | 2 |
Business environment in 1H
Persistently high raw material prices hit profits
Impact of exchange rate fluctuations reduced profits
(trend is strong baht/weak dollar)
Q2 on recovery trend, including resolution of one-off factors *5 in Q1
Demand for can stock is strong globally common but particularly the U.S.
Business environment in 2H
(Japan) Effects of price revisions emerging, product mix changing
(TAA*6) Positive impact of recycled material input costs
(UATH*7) Effects of price revisions emerging, impact of exchange rate fluctuations (strong baht/weak dollar)
Net profit revised up to ¥23.0 billion
Annual dividend forecast revised up to ¥42/s hare (+¥2 vs. May announcement)
*1 Business profit： The end result of sustainable business activities. Obtained by deducting from operating profit the impact of metal price lag, and other material profit or loss items that are temporary or extraordinary in nature
*2 Net profit： Profit (loss) attributable to owners of parent *3 Adjusted EBITDA: EBITDA － Metal price lag
© UACJ Corporation. All rights reserved.
*4 Calculated on the assumption that stock split was conducted at the beginning of the current fiscal year
*5 Timing differences in inventory costs and ingot procurement
*6 TAA: Tri-Arrows Aluminum Inc. *7 UATH: UACJ (Thailand) Co., Ltd.
1
Financial Results for 1H FY2025Assumptions
FX rate
Results for 1H FY2025
Forecasts for FY2025
Crude oil
FY24 FY25 Initial
1H 1H forecast
2,451 2,532 2,500
153 146 145
35.7 32.7 34.5
82 69 80
Full-year
current
2,666
148
32.6
67
Unit
LME
$/t
¥/$
THB/$
$/bbl
Contents
- Results for 1H FY2025
- Forecas ts for FY2025
- Initiatives Aimed at Enhancing Corporate Value
- Reference Data
© UACJ Corporation. All rights reserved. 2
1. Results for 1H FY2025
© UACJ Corporation. All rights reserved.
1. Results
Results for 1H FY2025(Billions of yen)
1H FY2024 | 1H FY2025 | Change | |
(A) | (B) | (B)－(A) | |
Revenue | 487.1 | 540.1 | 53.0 |
Business profit | 30.0 | 16.9 | (13.1) |
Metal price lag, etc. | 5.7 | 5.7 | 0 |
Operating profit | 35.7 | 22.6 | (13.1) |
Net profit | 16.7 | 7.4 | (9.3) |
Net profit (loss) per share (yen/share)* | 86.6 | 40.7 | (45.9) |
Adjusted EBITDA | 48.7 | 36.2 | (12.5) |
LME ($/t) | 2,451 | 2,532 | 81 |
Foreign exchange rate (¥/$) | 153 | 146 | (7) |
Foreign exchange rate (THB/$) | 35.7 | 32.7 | (3.0) |
Crude oil ($/bbl) | 82 | 69 | (13) |
Assumptions
* Calculated on the assumption that stock split was conducted at the beginning of the previous fiscal year
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