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For the year ended March 31, 2010 Fact Book 2010

Fact Book 2010 - 株式会社UACJ公式ホームページ · PDF fileFurukawa Indal Aluminum Indonesia ... The above financial data is an extract of Furukawa-Sky Aluminum Corp. and

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For the year ended March 31, 2010

Fact Book 2010

Corporate Profile (March 31, 2010)

Website Information

C o m p a n y O u t l i n e

http://www.furukawa-sky.co.jp/english/en_index.htm

Management Philosophy

Furukawa-Sky advances its business by providing environmentally sound

aluminum products that contribute to the community under the guidance of

our management philosophy.

1. Furukawa-Sky develops and supplies products and services that satisfy our

customers in order to enhance corporate value and contribute to

improving society.

2. As a responsible corporate citizen, we work toward establishing a

sustainable society.

3. We value workers highly and seek to help them realize their full potential.

4. We demonstrate corporate integrity by operating in accordance with

ethical business standards and fully complying with prevailing laws and

regulations.

Name: Furukawa-Sky Aluminum Corp.

Homepage: http://www.furukawa-sky.co.jp/

Businesses: Manufacturing, processing and sales of aluminum and

aluminum alloys

Established: October 2003

Capital: ¥ 16,528.4 million

Employees: 2,022

Please feel free to access our website for information on our products and technology and download a range of

materials and disclosure documents from the IR information page.

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Sales basesTokyo(Head Office)

12th Floor, Akihabara UDX, 14-1, Sotokanda 4-chome, Chiyoda-ku,Tokyo, 101-8970

Osaka(Kansai Office)

6th Floor, Furukawa Bldg., 1-29, Dojimahama 2-chome, Kita-ku,Osaka-shi, 530-0004

Nagoya(Chubu Office)

8th Floor, Telepia Bldg., 14-25,Higashisakura 1-chome, Higashi-ku,Nagoya-shi, 461-0005

Fukuoka(Kyushu Office)

3rd Floor, Nippon Life Bldg., 2-1,Hakata-ekimae 3-chome, Hakata-ku, Fukuoka-shi, 812-0011

Production basesFukui(rolling)

21-1, Kurome, Mikuni-cho, Sakai-shi, Fukui, 913-8588

Fukaya(rolling)

1351, Uwanodai, Fukaya-shi, Saitama, 366-8511

Nikko(rolling)

1, Kiyotakisakuragaoka-machi,Nikko-shi, Tochigi, 321-1443

Oyama(extrusion,

casting, forging)

560, Doto, Oyama-shi, Tochigi,323-0812

Location

Affiliated Companies

Parent company

THE FURUKAWA ELECTRIC CO., LTD.Chiyoda-ku, TokyoManufacturing and sale of non-ferrous metal products

Consolidated subsidiaries

ACE21 Corp.Fukaya-shi, SaitamaCutting and sales of aluminum sheets

Furukawa-Sky Shiga Corp.Omihachiman-shi, ShigaManufacturing of extruded aluminum products

Nikkei Kakoh Co., LTD. Yodogawa-ku, OsakaManufacture and sale of processed aluminum-based products

LCOMPO Co., Ltd.Fukaya-shi, SaitamaWarehousing and transport operations, manufacturing and sale of packaging materials

FURUKAWA COLOR ALUMINUM CO., LTD.Utsunomiya-shi, TochigiPainting of aluminum sheets

SKY SERVICE Co., Ltd.Fukaya-shi, SaitamaGeneral service operations at plants

HIGASHI NIHON TANZO Co., Ltd.Oyama-shi, TochigiManufacturing of forged aluminum products

PT. Furukawa Indal AluminumIndonesiaManufacture and sale of extruded aluminum products

SYSTEM SKY Co., Ltd.Fukaya-shi, SaitamaSoftware information processing with electronic computer, and development and sales of software

Furukawa-Sky Techno Co., Ltd.Fukaya-shi, SaitamaManufacture and sale of processed aluminum products

Nippon Foil Mfg. Co., Ltd.Yodogawa-ku, OsakaManufacture and sale of aluminum foil products

NIPPON METAL FOIL CO., LTD.Chiyoda-ku, TokyoProcessing and sales of aluminum foil products

Furukawa-Sky Aluminum (Tianjin) Corp.Tianjin, ChinaManufacture and sale of extruded aluminum products

Furukawa-Sky Aluminum (Vietnam) Inc.Ho Chi Minh, VietnamManufacturing of precision cast aluminum products

Equity method affiliate

Bridgnorth Aluminium Ltd. Shropshire, UKManufacture and sales of rolled aluminum products

Ruyuan Dongyangguang Plain Foil Co., Ltd.Ruyuancountry , Guangdong Province , ChinaManufacture and sales of rolled aluminum products

Shaoguan Yangzhiguang Aluminum Foil Co., Ltd.Manufacture and sales of rolled aluminum productsLocation Ruyuancountry , Guangdong Province , China

Manufacture and sale of processed aluminum products

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Overseas Network

Furukawa-Sky Aluminum (Tianjin) Corp.21 PT.Furukawa Indal Aluminum

S t r e n g t h o f F u r u k a w a - S k y

Ruyuan Dongyangguang Plain Foil Co., Ltd.6a

Business Strengths

Furukawa-Sky Aluminum (Thailand) Co., Ltd.7

Bridgnorth Aluminium Ltd.5

Shaoguan Yangzhiguang Aluminum Foil Co., Ltd.6b

Japan's foremost comprehensive aluminum manufacturerProducing and selling more aluminum than any other company in Japan, Furukawa-Sky is the country’s foremost comprehensive aluminum manufacturer. Principal business activities are the production and sale of sheets, extrusions, castings, forgings, and fabricated products.

World-class quality and cost competitiveness1. Fukui Plant Production of large products, such as beverage can stock and foil stock,

using one of the world’s largest rolling millsThe No.1 market share in Japan for plate materials for LNG tanker ships, thick plate and foil stock

2. Fukaya Plant Production of a wide variety of products in medium-size lots, such as general thick plate, printing plates and automotive materials

3. Nikko Plant Production of high-value-added specialty products, such as claded materials for automotive heat exchanger and high-purity alloy material for memory disk

4. Oyama Plant Production of high-quality, high-precision extrusions

5. Casting and Forging Plant

Has one of Asia’s largest 15,000-ton forging press and produces large forged products and high-precision cast compressor wheels for automotive turbo-chargers

Global expansion utilizing accumulated know-howFurukawa-Sky continues to achieve rapid growth and maintains a business presence in multiple areas worldwide mainly by meeting demand in the overseas transportation field.

Overview Manufacture and sale of extruded materials for automotive heat exchangers

Location Gresik City, Surabaya, IndonesiaCapitalization US$6,000,000

(55% Furukawa-Sky, 40% Indal, 5% Toyota Tsusho)

Overview Manufacture and sale of extruded materials for automotive heat exchangers

Location Economic Xiqing Development Area, Tianjin City, ChinaCapitalization RMB 81,276,000

(100% Furukawa-Sky)

Overview Manufacture and sales of rolled aluminum productsLocation Shropshire, UKCapitalization £29,000,000

(25% Furukawa-Sky, 75% ELVAL)

Overview Manufacture and sale of rolled aluminum productsLocation Shaoguan City, Guangdong, ChinaCapitalization RMB 250,000,000 (25% Furukawa-Sky, 20% MITSUI &

CO. (HONG KONG) LTD., 55% Guangdong Dongyangguang Aluminum Co., Ltd.)

Overview Processing and sale of aluminum productsLocation Ayutthaya Province, ThailandCapitalization THB 160,000,000 (100% Furukawa-Sky)

Overview Manufacture and sale of rolled aluminum productsLocation Shaoguan City, Guangdong, ChinaCapitalization RMB 496,500,000 (25% Furukawa-Sky, 20% MITSUI &

CO. (HONG KONG) LTD., 55% Guangdong Dongyangguang Aluminum Co., Ltd.)

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Domestic Production Network

Overseas Network

3 Nikko Plant 4 Oyama Plant

5 Casting and Forging Plant

1 Fukui Plant 2 Fukaya Plant

2

AFSEL S.A.4

6

12 43

ISO Certification Obtained at All Plants

Furukawa-Sky's manufacturing plants engage in comprehensive quality control: all plants have obtained certification for the ISO9001 standard, and the Fukui, Oyama, and Shiga Plants have obtained certification for the AS9100 standard for the promotion of quality, safety, and durability of aerospace products. All plants have obtained certification for the ISO 14001 standard and engage in continuous environmental protection activities.

Bridgnorth Aluminium Ltd.

AFSEL S.A.

Furukawa-Sky Aluminum (Thailand) co., Ltd.

6 Furukawa-Sky Shiga

5

Furukawa-Sky Aluminum (Tianjin) Corp.

3

Rolling mill materials Extruded materials Forgings

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PT.Furukawa Indal Aluminum

1

Furukawa-Sky Aluminum (Vietnam) Inc.3

Ruyuan Dongyangguang Plain Foil Co., Ltd.Shaoguan Yangzhiguang Aluminum Foil Co., Ltd.

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Overview Manufacture of sheet productsPrincipalproducts

Can stock for beverages (body materials, end stock), foil stock Large plates for LNG tanker ships and aircraft

Location Sakai-shi, Fukui

Overview Manufacture of sheet productsPrincipalproducts

Printing plates Plate for IT applications Automotive materials

Location Fukaya-shi, Saitama

Overview Manufacture of sheet productsPrincipal products

Automotive heat exchanger materials Memory disk materials

Location Nikko-shi, Tochigi

Overview Manufacturing of extruded products

Principalproducts

Automotive heat exchanger materialsCastings and forgings for the electronics and transportation fields (The plant's 15,000t press machine is one of the largest in Asia)Photoconductive drum materials

Location Oyama-shi, Tochigi

Overview Manufacturing of cast and forged products

Principal products

Cast products for the transportation field Forged products for the electronics field

Location: Oyama-shi, Tochigi

(Furukawa-Sky Shiga Corp.)

Overview Manufacture of extrusionsPrincipal products

Automotive heat exchanger materials Photoconductive drum materials

Location Omi-Hachiman-shi, Shiga

Overview Manufacture of cast compressor wheels for automotive turbochargers

Location Ho Chi Minh City, Vietnam Capitalization US$6,000,000

(100% Furukawa-Sky)

Furukawa-Sky Aluminum (Vietnam) Inc.

Compressor wheels

Overview Sale of automotive heat exchanger materialsLocation Athens, GreeceCapitalization €180,000

(50% Furukawa-Sky, 50% Hellenic Aluminum Industry S.A.)

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Thousands of U.S. dollarsMillions of yen

For the years ended March 31.2008,2009 and 2010 2008 2009 2010 2010

Net sales 253,046 228,637 185,588 1,995,570

Operating income 13,734 830 572 6,150

Net (loss) income 6,399 (11,500) (770) (8,280)

Total assets 234,399 193,644 200,176 2,152,430

Total shareholder's equity 73,704 60,387 59,162 636,150

■ Net sales (Millions of yen)

2008

253,046

20090

100,000

200,000

300,000

2010

185,588

228,637

■ Net income (Millions of yen)

2008 2009△15,000

0

5,000

10,000

15,000

6,399

2010

△770

△11,500

△10,000

△5,000

■ Total assets (Millions of yen)

2008 20090

100,000

200,000

300,000

234,399

2010

200,176193,644

Consolidated Financial Highlights Furukawa-Sky Aluminum Corp. and Its Subsidiaries

Notes 1) The above financial data is an extract of Furukawa-Sky Aluminum Corp. and its subsidiaries consolidated financial statements year ended March 31, 2008, 2009 and 2010, with

Independent Auditors' Report.

Notes 2) The rate of ¥93=U.S. $1, the approximate rate of exchange on March 31, 2010, has been used for purpose of translation.

Can material 113

Foil stock 33

Domestic demand 140

Exports 69

Total 355

Sheet breakdown

Sheet total 355

Extrusions, castings, and forgings total 33

Grand total 388

For the years ended March 31.2008,2009 and 2010 2008 2009 2010

Sheet total 396 370 355

Can material 122 112 113

Foil stock 39 36 33

Domestic demand 176 165 140

Exports 59 57 69

Extrusions, castings, and forgings total 46 36 33

Total 442 407 388

Unit Sales Contribution by Product Type (Thousands of tons)

C o n s o l i d a t e d F i n a n c i a l H i g h l i g h t s

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C o n s o l i d a t e d F i n a n c i a l H i g h l i g h t s

Consolidated Balance Sheets Furukawa-Sky Aluminum Corp. and Its Subsidiaries

Notes 1) The above financial data is an extract of Furukawa-Sky Aluminum Corp. and its subsidiaries consolidated financial statements year ended March 31, 2009 and 2010, with

Independent Auditors' Report.

Notes 2) The rate of ¥93=U.S. $1, the approximate rate of exchange on March 31, 2010, has been used for purpose of translation.

Thousands of U.S. dollarsMillions of yen

At March 31,2010 and 2009 2009 2010 2010ASSETSCurrent assets :Cash and bank deposits ¥ 3,555 ¥ 4,201 $ 45,172Trade receivable 40,133 58,262 626,473Inventories 27,224 20,975 225,538Deferred tax assets 298 1,459 15,688Refundable income taxes receivable 1,909 44 473 Other current assets 6,556 4,426 47,591Allowance for doubtful accounts (142) (128) (1,376)Total current assets 79,533 89,239 959,559

Non-current assets:Investments and long-term loans 4,005 7,985 85,860 Property, plant and equipment, net of accumulated depreciation 106,708 97,828 1,051,914Deferred tax assets 278 1,697 18,247Other assets 3,450 3,473 37,344Allowance for doubtful accounts (330) (46) (494)Total non-current assets 114,111 110,937 1,192,871Total ¥ 193,644 ¥ 200,176 $ 2,152,430

LIABILITIES AND NET ASSETSCurrent liabilities :Short-term debt ¥ 28,101 ¥ 28,001 $ 301,086 Current portion of bonds 155 240 2,581 Current portion of long-term debt 7,111 4,559 49,021 Trade payable 27,792 37,916 407,699 Accrued expenses 7,649 8,320 89,462 Accrued income taxes 63 572 6,151 Other current liabilities 13,664 6,090 65,484 Total current liabilities 84,535 85,698 921,484

Long-term liabilities:Bonds 305 290 3,118 Long-term debt 37,126 40,063 430,785 Accrued retirement benefits for employees 13,573 12,169 130,849 Reserve for environmental costs 176 207 2,226 Provision for business structure improvement - 755 8,118 Other non-current liabilities 1,239 1,377 14,807 Total long-term liabilities ¥ 52,419 ¥ 54,861 $ 589,903

Contingent liabilities

Net assets:Shareholders' equity:Common stock:Authorized shares:

400,000 thousand in 2010 and 2009Issued shares:

227,100 thousand in 2010 and 2009 16,528 16,528 177,720Capital surplus 35,184 35,184 378,323Retained earnings 8,676 7,452 80,129Common treasury stock, at cost:

12,107 thousand in 20101,994 thousand in 2009 (1) (2) (22)

Total shareholders' equity 60,387 59,162 636,150

Valuation, translation adjustments and other ;Unrealized (losses) gains on available-for-sale securities (30) 169 1,817Deferred gains (losses) on derivatives under hedge accounting (4,915) 47 505Foreign currency translation adjustments (407) (247) (2,656)Total valuation, translation adjustments and other (5,352) (31) (334)

Minority interests 1,655 486 5,227Total net assets 56,690 59,617 641,043

Total ¥ 193,644 ¥ 200,176 $ 2,152,430

F i n a n c i a l S t a t e m e n t s ( C o n s o l i d a t e d )

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Notes 1) The above financial data is an extract of Furukawa-Sky Aluminum Corp. and its subsidiaries consolidated financial statements year ended March 31, 2009 and 2010, with

Independent Auditors' Report.

Notes 2) The rate of ¥93=U.S. $1, the approximate rate of exchange on March 31, 2010, has been used for purpose of translation.

Consolidated Statements Of Income Furukawa-Sky Aluminum Corp. and Its Subsidiaries

Thousands of U.S. dollarsMillions of yen

For the years ended March 31,2010 and 2009 2009 2010 2010

Net sales ¥ 228,637 ¥ 185,588 $ 1,995,570

Cost of sales 209,638 168,182 1,808,409

Gross profit 18,999 17,406 187,161

Selling, general and administrative expenses 18,169 16,834 181,011

Operating income 830 572 6,150

Other income (expenses):

Interest and dividend income 73 53 570

Interest expense (1,374) (1,238) (13,312)

Gains on termination of retirement benefit plans 242 - -

Government grant  87 - -

Losses on disposal of property, plant and equipment, net (503) (199) (2,140)

Losses on impairment of property, plant and equipment (3,187) (3) (32)

Business structure improvement expenses - (2,018) (21,699)

Compensation for damaged products (280) (236) (2,538)

Other, net (575) (3) (32)

(5,517) (3,644) (39,183)

Loss before income taxes and minority interests (4,687) (3,072) (33,033)

Income taxes :

Current 271 537 5,774

Deferred 7,467 (2,783) (29,925)

7,738 (2,246) (24,151)

Minority interests in income of consolidated subsidiaries (925) (56) (602)

Net loss ¥ (11,500) ¥ (770) $ (8,280)

yen U.S. dollars

Per share information

Net loss ¥ (50.64) ¥ (3.39) $ (0.04)

Cash dividends applicable to the year 6.00 2.00 0.02

Net assets 242.34 260.39 2.80

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Consolidated Statements Of Cash Flows Furukawa-Sky Aluminum Corp. and Its Subsidiaries

Notes 1) The above financial data is an extract of Furukawa-Sky Aluminum Corp. and its subsidiaries consolidated financial statements year ended March 31, 2009 and 2010, with

Independent Auditors' Report.

Notes 2) The rate of ¥93=U.S. $1, the approximate rate of exchange on March 31, 2010, has been used for purpose of translation.

Thousands of U.S. dollarsMillions of yen

For the years ended March 31,2010 and 2009 2009 2010 2010

Cash flows from operating activities :

Loss before income taxes and minority interests ¥ (4,687) ¥ (3,072) $ (33,033)

Adjustments for :

Depreciation and amortization 13,582 13,519 145,366

Losses on impairment of property, plant and equipment 3,187 3 32

Losses on write-down of investment securities 713 11 118

Business structure improvement expenses - 2,018 21,699

Losses on disposal of property, plant and equipment 503 199 2,140

Decrease in accrued retirement benefits for employees (1,899) (1,405) (15,108)

Increase (decrease) in accrued expenses (1,148) 671 7,215

Interest and dividend income (73) (53) (570)

Interest expense 1,374 1,238 13,312

(Increase) decrease in trade receivable 16,747 (18,082) (194,430)

Decrease in inventories 6,563 6,256 67,269

Increase (decrease) in trade payable (17,480) 10,110 108,710

Other 1,824 1,282 13,785

19,206 12,695 136,505

Interest and dividends received 71 115 1,237

Interest paid (1,377) (1,242) (13,355)

Income taxes paid (3,607) 1,770 19,032

Net cash provided by operating activities 14,293 13,338 143,419

Cash flows from investing activities :

Payments for purchase of property, plant and equipment (9,232) (6,865) (73,817)

Payments for purchase of intangible assets (840) (298) (3,204)

Payments for purchase of investment securities (2,280) (108) (1,161)

Payments for purchase of investments in subsidiaries - (2,180) (23,441)

Payments of investments in affiliates - (3,544) (38,108)

Other (39) 486 5,226

Net cash used in investing activities (12,391) (12,509) (134,505)

Cash flows from financing activities :

(Decrease) increase in short-term debt, net 248 (112) (1,204)

Proceeds of long-term debt 12,071 7,860 84,516

Repayments of long-term debt (13,242) (7,412) (79,699)

Cash dividend paid (1,817) (454) (4,882)

Other (91) (72) (774)

Net cash used in financing activities (2,831) (190) (2,043)

Effect of exchange rate changes on cash and cash equivalents (72) 7 75

Net decrease in cash and cash equivalents (1,001) 646 6,946

Cash and cash equivalents at beginning of year 4,466 3,465 37,258

Cash and cash equivalents at end of year ¥ 3,465 ¥ 4,111 $ 44,204

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C o r p o r a t e H i s t o r y

June 1896 Yokohama Electric Cable Manufacturing established (later changed its name to Furukawa Electric Co., Ltd.)

1921 Started test production of duralumin1926 Started production of duralumin sheets1933 Opened aluminum plate production plant in

NikkoJune 1944 Opened the Oyama PlantMay 1952 Opened the current Nikko PlantDecember 1957 Acquired shares of Nippon Foil Mfg. Co., Ltd. (currently a consolidated subsidiary of the

Company)August 1959 Established Furukawa Aluminum Co., Ltd. jointly with an equity partner, Alcoa Inc. (U.S.)July 1960 Acquired shares of Nippon Light Metal Mfg. Co.,

Ltd. (currently Nikkei Kakoh Co., Ltd., a consolidated subsidiary of the Company)

July 1968 Opened the Shiga Plant of Furukawa Aluminum Co., Ltd. (currently Furukawa-Sky Shiga Corp., a consolidated subsidiary of the Company)

September 1968 Established HIGASHI NIHON TANZO Co., Ltd. (currently a consolidated subsidiary of the Company)

July 1973 Established FURUKAWA COLOR ALUMINUM CO., LTD. (currently a consolidated subsidiary of the Company)

May 1983 Opened the Fukui Plant of Furukawa Aluminum Co., Ltd. (currently the Fukui Plant of the Company)

November 1992 Established FURUKAWA ALUMINUM COIL CENTER CO., LTD. (currently ACE21 Corp., a consolidated subsidiary of the Company)

October 1993 Acquired Furukawa Aluminum Co., Ltd. and merged with the company

August 1998 Established a subsidiary in Indonesia, PT. Furukawa Indal Aluminum

*Alcoa Inc. withdrew its investment in 1985.

December 1964 Established SKY Aluminum Co., Ltd. as a joint

venture of Showa Denko K.K., Yawata Steel

Works (currently Nippon Steel Corp.), and Kaiser

Aluminum Corp. (U.S.)*

April 1967 Opened the Fukaya Plant

December 1976 Established SKY SERVICE Co., Ltd. (currently a

consolidated subsidiary of the Company)

February 1979 Established Yamato Light Metal Mfg. Co., Ltd.

(currently ACE21 Corp., a consolidated

subsidiary of the Company)

March 1990 Established SYSTEM SKY Co., Ltd. (currently a

consolidated subsidiary of the Company)

Established SKY TECHNO Co., Ltd. (currently

Furukawa-Sky Techno Co., Ltd., a consolidated

subsidiary of the Company)

June 1993 Established ALUMINIUM CENTER Co., Ltd.

(currently ACE21 Corp., a consolidated

subsidiary of the Company)

September 1995 Established LCOMPO Co., Ltd. (currently a

consolidated subsidiary of the Company)

June 1997 Relocated the head office from Chuo-ku, Tokyo

to Sumida-ku, Tokyo

January 1998 Formed on alliance with Furukawa Electric Co.,

Ltd. in the aluminum business

October 1998 Established ALFUS LIMITED a joint venture with

Furukawa Electric Co., Ltd.

March 2000 Established UNIFUS ALUMINUM CO., LTD.

*In 1973, Kaiser Aluminum Corp. ceased to be our equity partner.

SKY Aluminum Co., Ltd.Furukawa Electric Co., Ltd.(The Light Metal Division)

October 2003 SKY Aluminum Co., Ltd. merged with the Light Metal Division of Furukawa Electric Co., Ltd. and was reorganized as Furukawa-Sky Corp.

December 2003 Acquired ALUMINIUM CENTER Co., Ltd., FURUKAWA ALUMINUM COIL CENTER CO., LTD. and Yamato Light Metal Co., Ltd. and reorganized the companies as ACE21 Corp. (currently a consolidated subsidiary of the Company)

April 2005 Acquired UNIFUS ALUMINUM CO., LTD. and merged if with the Company Established a subsidiary in China, Furukawa-Sky Aluminum (Tianjin) Corp. (currently a consolidated subsidiary

of the Company)December 2005 Listed the shares of the Company on the First Section of the Tokyo Stock ExchangeJanuary 2006 Established a subsidiary in Vietnam, Furukawa-Sky Aluminum (Vietnam) Inc. (currently a consolidated

subsidiary of the Company)February 2006 Relocated the head office from Sumida-ku, Tokyo to Chiyoda-ku, TokyoJanuary 2007 Established FS Green-net., Ltd. to support the independence of people with disabilitiesFebruary 2007 Established local subsidiary AFSEL S.A. in Greece in a joint ventureOctober 2008 Equity participation in CHOIL ALUMINUM CO., LTD. (South Korea)March 2009 Equity participation in Bridgnorth Aluminum Ltd. (U.K.)October 2009 Made Nippon Foil Mfg. Co., Ltd. into a 100% subsidiaryJanuary 2010 Equity participation in Ruyuan Dongyangguang Plain Foil Co., Ltd. and Shaoguan Yangzhiguang Aluminum Foil

Co., Ltd. (China)February 2010 Established a subsidiary in Thailand, Furukawa-Sky Aluminum (Thailand) Co., Ltd.April 2010 Announced new medium-term management plan concluding in the year ended March 31, 2012 Medium-term management vision is to become the "most appealing company in Asia"

Furukawa-Sky Aluminum Corp.

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Stock Information (At March, 31)

Distribution of Stocks (March 31, 2010)

Number of Shareholders by Shareholder Category

Total number ofshareholders

9,280

Number of Shares by Shareholder Category

■ Securities companies

2,211 ( 0.97%)

■ Foreign corporations

18,917 ( 8.32%)

■ Financial institutions

22,729 (10.00%)

■ Domestic corporations, others

147,914 (65.13%)

■ Individuals and others

35,329 (15.56%)

■ Securities companies

34 ( 0.36%)

■ Foreign corporations

99 ( 1.06%)

■ Financial institutions

29 ( 0.31%)

■ Domestic corporations, others

150 ( 1.61%)

■ Individuals and others

8,968 (96.63%)

Total number ofshares

227,100,000

S t o c k I n f o r m a t i o n C o r p o r a t e H i s t o r y

2008.3 2009.3 2010.3

Total number of shares issued and outstanding 227,100,000 227,100,000 227,100,000

Total number of shareholders 8,556 9,859 9,280

Information for Shareholders

Fiscal year From April 1 to March 31

Ordinary general meeting

of shareholdersJune

Record dates Year-end dividend March 31

Interim dividend September 30

Shareholding unit 1,000 shares

Transfer agent Mizuho Trust & Banking Co., Ltd.,

2-1 Yaesu 1-chome, Chuo-ku, Tokyo

Securities code 5741

Stock exchange Tokyo Stock Exchange, First Section

Public announcements Electronic notification

Http://www.furukawa-sky.co.jp/

(In the event that electronic notification of public announcements is impossible owing

to an unavoidable reason, public announcements will be published in the Nihon Keizai

Shimbun.)

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12th Floor, Akihabara UDX, 14-1, Sotokanda 4-chome, Chiyoda-ku,

Tokyo 101-8970, Japan

TEL 81-3-5295-3800 FAX 81-3-5295-3760

http://www.furukawa-sky.co.jp/english/en_index.htm