Showa Denko announced its full-year financial result on Wednesday. The firm posted the consolidated annual net loss for the first time since 2001, which was 37.981 billion yen in 2009. Showa Denko’s product sales totally declined in the first half year due to global economy deterioration after Lehman Shock. The aluminium business unit posted the large loss as a result of the business optimization. Showa Denko targets the consolidated annual net profit at 11 billion yen in 2010 to reflect the demand recovery and the cost cut measures.
The electronics business unit posted the consolidated operating loss at 9.775 billion yen in 2009 though the unit gained the operating profit at approximately 9.3 billion yen in 2008. Hard disc production significantly decreased during January-June 2009. The production has rapidly recovered in the second half year. The electronics business unit is forecasted to post the operating profit at 14.5 billion yen for 2010. The aluminium business unit posted the consolidated operating loss at 4.217 billion yen in 2009. The loss expanded from 2008 due to the sales decline of high purity aluminium foils for capacitors and aluminium heat exchangers for automobiles during January-June 2009. Showa Denko expects the demand recovery and the operating profit at 4.5 billion yen for the business unit in 2010.Japan Steel Scrap Composite Prices (Sangyo Press)
- Agenda for Change Agreement
- Retention Bonus Agreement Pdf
- Car Rental Agreement Sample Free Uk
- Company Sale and Purchase Agreement Template
- Party Wall Agreement Cost London
- Wto Sps Agreement Ppt
- Athlete Representation Agreement
- Property Management Agreement Example
- China-Europe Comprehensive Investment Agreement
- Agreement on Subsidies and Countervailing Measures
- Agreement for the Provision of Marketing Services
- Prenuptial Agreement Form Nys
- Home for Sale by Owner Contract Form
- Business Combination Agreement Lilium
- Uk Dutch Double Taxation Agreement
- Quickbooks Online Service Agreement
- Simple Loan Agreement with Balloon Payment
- Agreements Form
- Liquidated Damages for Breach of Confidentiality Agreement
- An Agreement Synonyms