The sales volume of aluminum rolled products decreased in comparison to the same period last year when demand was strong for beverage can stock and other products. Sales of aluminum castings and forgings increased year on year owing to strong demand from the overseas automotive sector.
The sales volume of copper rolled products increased year on year owing to a recovery in demand from the semiconductor industry for copper sheet and strip and strong overseas demand for copper tube.
In addition to these conditions, increases in ingot prices were reflected in higher sales prices of products. As a result, segment sales in the Q1 of fiscal 2013 were flat in comparison to the same period last year at JPY 72.3 billion. Ordinary income increased JPY 3.5 billion to PY 5.3 billion owing to a favorable change in inventory valuation.
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