Tokyo based major nonferrous metal distributor, Sato Metal Trading announced on Thursday the firm targets 1.2 billion yen of earning before tax for the year ending November 2007 from 1.144 billion yen previous year. The firm improves the gross profit margin ratio to 7.5% with 74.4 billion yen of sales and 5.58 billion yen of gross profit margin from 7%. The firm increases the trade with buyers in USA and China along with expansion of higher valued products sales and better performance for the domestic network. The firm tries to improve the function through better quality control and further tie-up with processor to meet higher level of user needs. The firm tries to increase the sales and profit by increasing the sales volume in the year even when the nonferrous metals prices decreases from surge in last year. The firm expands the automotive business including engine parts and electronic components trading while the firm increases trade for higher valued products including indium tin oxide target materials and electronics parts. The firm improves the total solution service for better performance of the users. The firm improves the quality control system through the quality assurance unit established in 1999. The firm tries to establish high level quality control to cover automotive module parts. The firm also develops new users in China, Taiwan, Thailand and USA. The firm expands the business with new workforce for broaden business areas.
Japan Steel Scrap Composite Prices (Sangyo Press)
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