The firm expects that the consolidated pretax profit in the first half of this fiscal year achieves to 17.5 billion yen, this is a level that approaches at 18 billion yen recorded about ten years ago in the half year.

As a factor of earning growth, the jump of a domestic or overseas copper market condition is mentioned first. Moreover, the sales of Pan Pacific Copper (PPC) that the group company in this firm increased in background the private sector capital investment is flourishing for an electric wire field. The firm's PPC business is likely to secure the highest profit since foundation.

In overseas, the investment return from the mines or LG-Nikko Copper in South Korea contributes greatly. In the mining investment, since the jump of the copper market is reflected in a return as a direct dividend, there is an immediate effect. The items of the current profit become one big feature that it will accept it now in the first half that 40% of domestic, 60% overseas, and overseas exceeded.

Nippon Mining & Metals