Ahresty ＜5852＞ announced consolidated financial results for the 2nd quarter (24/4/9) of the fiscal year ending 2025/3 on the 12th. Sales increased 0.6% from the same period last year to 78.195 billion yen, operating loss was 0.253 billion yen (profit 0.601 billion yen for the same period last year), ordinary loss was 0.536 billion yen (profit of 0.938 billion yen), and intermediate net loss attributable to parent company shareholders was 2.696 billion yen (profit of 0.9 billion yen).

Sales of the “Diecast Business Japan” decreased 3.5% from the same period last year to 30.172 billion yen, and segment losses were 0.149 billion yen (profit of 0.181 billion yen for the same period last year). In the Japanese automobile market, the volume of orders received declined due to a drop in domestic automobile production, etc. On the profit side, cost rate improvements and reduction of sales costs and general administrative expenses were promoted in response to a decrease in order volume, but there was also an increase in procurement costs due to a rise in raw material prices associated with an increase in aluminum ingot prices, and it did not reach the point of covering the decline in sales.

Sales of the “Diecast Business North America” increased 10.5% from the same period last year to 25.389 billion yen, and segment losses were 0.419 billion yen (profit of 0.693 billion yen for the same period last year). In the North American automobile market, there was an increase in order volume due to solid North American automobile production and the impact of exchange rates. On the profit side, in addition to the deterioration in productivity at the US plant, there was an increase in manufacturing costs such as raw material prices and labor costs.

Sales of “Diecast Business Asia” increased 5.6% from the same period last year to 17.221 billion yen, and segment profit was 0.256 billion yen (loss of 0.988 billion yen in the same period last year). In the Asian automobile market, the volume of orders received declined due to poor sales of major customers at the Chinese plant, but there was an increase in order volume due to the commencement of mass production of new products at the Indian plant and the impact of exchange rates. On the profit side, there was an effect of high costs associated with unstable production of some products at the Indian plant, but it continued in the first quarter due to a reduction in fixed costs due to rationalization of the production system at the Chinese factory, a decrease in depreciation and amortization expenses due to recording impairment losses for the previous fiscal year, etc., and a surplus was maintained even for 3 months in the 2nd quarter, resulting in a surplus compared to the same period last year.

Sales in the “aluminum business” fell 1.2% from the same period last year to 3.466 billion yen, and segment profit fell 20.1% to 0.07 billion yen. The sales weight decreased by 10.5% compared to the same period last year, but the unit sales price also increased.

Sales in the “finished products business” decreased 47.2% from the same period last year to 1.945 billion yen, and segment profit fell 63.1% to 0.179 billion yen. The number of large property deliveries by semiconductor-related companies during the period declined.

Regarding the consolidated earnings forecast for the full fiscal year ending 2025/3, the revised plan announced on October 29, with sales up 1.2% from the previous fiscal year to 160.2 billion yen, operating income up 33.1% to 3.05 billion yen, ordinary profit up 11.1% to 2.86 billion yen, and net income attributable to parent company shareholders of 0.1 billion yen remains unchanged.

Furthermore, there is no change in the dividend forecast per share (total 28 yen of 10 yen in the middle and 18 yen at the end of the fiscal year) in the form of maintaining the initial planned value.