Japan Metallurgical Industry Co., Ltd.'s Net Profit For The Fiscal Year 2018 Increased By Approximately 68% Year-on-year

- Aug 16, 2019-

According to the consolidated results report issued by Japan Metallurgical Industry Co., Ltd., its sales volume increased by 9.3% year-on-year to approximately 250,000 tons in the fiscal year 2018 of March 31, 2019 (including high-performance stainless steel and alloy materials increased by approximately 23.2% to 4.9). 10,000 tons, ordinary stainless steel materials increased by about 4.8% to 201,000 tons, and with the increase in selling price, its sales increased by about 20.7% year-on-year to 143.74 billion yen, and operating profit increased by about 126.6% year-on-year to 9.443 billion yen. Recurring profit increased by approximately 141.5% year-on-year to 8.178 billion yen, and net profit attributable to the parent company increased by approximately 68% year-on-year to 7.686 billion yen.

In terms of separate non-consolidated results, sales for the fiscal year increased by approximately 25.5% year-on-year to 117.462 billion yen, operating profit increased by approximately 285.4% year-on-year to 6.655 billion yen, and current profit increased by approximately 310.1% year-on-year to 6.183 billion yen. Profits increased by approximately 85.4% year-on-year to 5.097 billion yen.

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