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Daiki Axis Co., Ltd. (4245, First Section, Tokyo Stock Exchange) Overview of Operating Performance for the First Three Months Ended March 31, 2021

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TOKYO, June 11, 2021 /PRNewswire/ — In the three months ended March 31, 2021, net sales increased while profit declined. Meanwhile, the Company has formulated its new medium-term management plan, “PROTECT × CHANGE” and is proceeding with its corporate mission of “Protecting the environment and changing the future.”

Summary of Results

The business environment surrounding the Company remained sluggish during the three months ended March 31, 2021 due to impact from the COVID-19 pandemic.

Under these circumstances, in February 2021, the Company formulated “PROTECT × CHANGE,” a new medium-term management plan extending from the fiscal year ending December 31, 2021 through the fiscal year ending December 31, 2023. The plan’s title, which simultaneously functions as the Company’s corporate slogan, also represents the plan’s main theme. All Group employees will freshly refamiliarize themselves with, and strive to embody, this theme and corporate slogan as the Group advances its corporate mission of “protecting the environment and changing the future” on a unified front.

In formulating this new medium-term management plan, the Company has only calculated quantitative targets on a year-by-year basis due to impact from the COVID-19 pandemic. Meanwhile, the qualitative targets of the plan follow those of the Company’s previous medium-term management plan and continue to center on the promotion of growth strategies moving forward. Specifically, in the environmental equipment segment, the Company will promote business development overseas while expanding its recurring-revenue energy service company (ESCO) business in the areas of maintenance and water. Meanwhile, in the household equipment-related business segment, the Company will launch an e-commerce business as it aims to transition from stability in business to growth. In the renewable energy segment, the Company will conduct initiatives aimed at achieving a recycling-oriented society, strengthening its capacity to secure stable profits, and devising high value-added businesses and products for conditions following the conclusion of the feed-in tariff (FIT) system’s application. In terms of overall initiatives, the Company will strengthen its internal organizations to support the successful implementation of IT strategies and apply IT as a tool for improving productivity.

Net sales generated during the three months ended March 31, 2021 amounted to JPY9,878 million (up 3.0% YoY). At the conclusion of the six-month period ending June 30, 2020, the Company sold subsidiary DAD Co., Ltd., which had operated civil engineering business. As a result, gross profit amounted to JPY2,041 million (versus JPY2,042 million during the three-month period ended March 31, 2020) as operating profit came to JPY449 million (down 10.5% YoY), recurring profit JPY495 million (down 8.9% YoY), profit before income taxes JPY498 million (up 8.7% YoY), and profit attributable to owners of parent JPY277 million (down 1.4% YoY).

In the environmental equipment segment, sales of wastewater treatment systems increase year on year. Domestic sales rose thanks to a rise in orders for large-scale projects that occurred despite a decline in capital investment demand caused by the COVID-19 pandemic. Overseas sales continued to incur downward impact from deteriorating business conditions resulting from the pandemic. With regard to recurring-revenue businesses, performance associated Johkasou/wastewater treatment systems and maintenance was level year on year while sales generated by energy service company (ESCO) businesses in the area of water utilities declined year on year due primarily to a decline in customer water usage. Consequently, sales in the environmental equipment segment amounted to JPY5,172 million (up 2.6% YoY) while segment profit came to JPY481 million (down 3.9% YoY).

In the household equipment-related business segment, construction-related sales rose significantly thanks to upward impact from large-scale projects primarily involving environmentally friendly products, such as cooling systems for gymnasiums, and DIY store renovations. Housing facilities projects incurred impact from a conservative shift in capital investment demand, and associated sales declined overall as decrease in sales related to agricultural greenhouses and sales generated by exterior wall repair offset an increase in sales from refrigeration and freezing equipment that occurred thanks to impact from large-scale projects. During the three-month period ended March 31, 2020, sales of retail products made through DIY stores were impacted by late shipments of manufacturers’ products, which were caused by circumstances associated with the COVID-19 pandemic and resulted in delivery delays. However, the supply of these products encountered no such obstacles during the three months ended March 31, 2021, and corresponding sales increased substantially. In the EC business, field surveys targeting end users and other sales activities were delayed by the pandemic. As a result of these factors, sales in the household equipment-related business segment amounted to JPY4,363 million (up 9.5% YoY) while segment operating profit came to JPY197 million (up 59.8% YoY).

In the renewable energy segment, through its solar power sales business, the Company has been renting roof space on DCM Group stores since FY2018. Within this space, it has constructed power generation facilities and sold electricity under a feed-in tariff (FIT) system. As of March 31, 2021, the Company had interconnected with 130 external power sources (versus 126 as of March 31, 2020) and corresponding sales increased year on year. Sales in both the biodiesel fuel and compact wind generation businesses were nearly level year on year. Despite the overall increase in segment sales, operating profit declined primarily because the Company recorded JPY7 million in costs associated with the repair of solar power facilities. Consequently, sales in the renewable energy segment amounted to JPY183 million (up 11.6% YoY) while segment operating profit came to JPY29 million (down 1.9% YoY).

In other segments, sales in the engineering business fell substantially year on year due to the sale of DAD Co., Ltd., which was executed at the end of the six-month period ended June 30, 2020. In the household drinking water business, sales were strong due to a rise in the number of contracts for water dispensers connected directly to water supply systems. As a result of these factors, sales generated in other segments amounted to JPY158 million (down 60.4% YoY) while operating profit in other segments came to JPY28 million (down 55.1% YoY).

Daiki Axis Co., Ltd. (4245, First Section, TSE http://www.daiki-axis.com/english/)
“Summary of Consolidated Financial Results for the Three Months Ended March 31, 2021” is available here:
https://www.daiki-axis.com/ir/library/#

Release Disclaimer

This release is for the purpose of providing information to serve as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please be advised that we do not assume any responsibility for damages caused by this service.

Release Inquiries
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TEL: +81-3-4588-6706
PiC: Tooru Fukuda
Contact: http://b-ir.co.jp/english/contact.php

Borderless IR specializes in the global distribution of IR content, including the dissemination of newsletters and annual reports providing the latest information and main strengths of Japanese companies directly to overseas investors through leading global media, corporate information database services and mailing lists. Borderless is also engaged in supporting other global IR efforts.

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SOURCE Daiki Axis Co., Ltd.

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Energy

Aluminum Welding Wires Market in Europe from Aluminum Industry|Discover Company Insights in Technavio

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The report on the aluminum welding wires market in Europe provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by factors such as the increasing demand for lightweight vehicles, the increase in demand for welding wires for repair and maintenance, and the rising demand for power infrastructure.

The aluminum welding wires market in Europe analysis includes the end-user by volume segment. This study identifies the innovations in welding technologies as one of the prime reasons driving the aluminum welding wires market growth in Europe during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The aluminum welding wires market in Europe covers the following areas:

Aluminum Welding Wires Market In Europe Sizing
Aluminum Welding Wires Market In Europe Forecast
Aluminum Welding Wires Market In Europe Analysis

Companies Mentioned

  • Colfax Corp.
  • CTP Srl
  • DRAHTWERK ELISENTAL W. Erdmann GmbH & Co.
  • EWM AG
  • Gedik Kaynak AS
  • Hilarius Haarlem Holland BV
  • Hi-Tech Wire Industries
  • LAIR LIQUIDE SA
  • Novametal SA
  • The Lincoln Electric Co.

Related Reports on Materials Include:
Global Activated Alumina Market– The activated alumina market is segmented by end-user (oil and gas, petrochemicals, refractories, automotive, and others) and geography (APAC, North America, Europe, South America, and MEA).
Download FREE Sample Report

Global Aluminum Market for Packaging Industry– The aluminum market for the packaging industry is segmented by type (foils, sheets, and others), application (consumer packaging and pharmaceutical packaging), and geography (APAC, Europe, North America, South America, and MEA).
Download FREE Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user by Volume

  • Market segments
  • Comparison by End-user by volume
  • Automotive and transportation – Market size and forecast 2020-2025 ($ millions)
  • Construction – Market size and forecast 2020-2025 ($ millions)
  • Others – Market size and forecast 2020-2025 ($ millions)
  • Market opportunity by End-user by volume
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Colfax Corp.
  • CTP Srl
  • DRAHTWERK ELISENTAL W. Erdmann GmbH & Co.
  • EWM AG
  • Gedik Kaynak AS
  • Hilarius Haarlem Holland BV
  • Hi-Tech Wire Industries
  • LAIR LIQUIDE SA
  • Novametal SA
  • The Lincoln Electric Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report link: https://www.technavio.com/report/aluminum-welding-wires-market-in-europe-industry-analysis

SOURCE Technavio

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Energy

SI Group firma un acuerdo para vender el negocio de resinas industriales a ASK Chemicals

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SCHENECTADY, Nueva York, 23 de julio de 2021 /PRNewswire/ –SI Group, empresa líder en aditivos de desempeño, anunció hoy que planea completar un acuerdo para vender la mayoría de su negocio global de resinas industriales a ASK Chemicals, una empresa de cartera de capital privado, Rhône Group, LLC

La transacción incluye los productos de resinas industriales y las plantas de fabricación asociadas de SI Group en Río Claro, Brasil; Ranjangaon, India; y Johannesburgo, Sudáfrica, así como la tecnología con licencia y los múltiples acuerdos de peaje a nivel mundial. ASK Chemicals, con sede en Hilden, Alemania, es líder del mercado en el sector de materiales de fundición y fabrica aglomerantes, revestimientos, alimentadores, filtros y agentes de liberación, así como productos metalúrgicos como inoculantes, cables de inoculación y aleaciones maestras para fundición de hierro.

“Estamos confiados de que esta es la medida estratégica correcta para nuestros empleados y nuestra empresa. ASK Chemical tiene una experiencia comprobada en la industria que agregará un valor significativo y mejorará continuamente estos negocios”, afirmó David Bradley, presidente y director ejecutivo de SI Group. “El acuerdo también nos permite enfocarnos más intencionalmente en la construcción y el crecimiento de nuestra cartera como una potencia de aditivos de rendimiento”.

SI Group tendrá negocios relacionados en estas plantas, incluida la fabricación de caucho y adhesivos, yacimientos petrolíferos y surfactantes, así como productos de fundición en Brasil y operará acuerdos de peaje con ASK. La empresa también conservará las empresas de resinas industriales en los Estados Unidos y China.

Acerca de SI Group

SI Group es líder global en la tecnología innovadora de aditivos de rendimiento, soluciones de procesos, ingredientes farmacéuticos activos e intermediarios químicos. Las soluciones de SI Group son esenciales para mejorar la calidad y el rendimiento de innumerables bienes industriales y de consumo dentro de las industrias de plásticos, caucho y adhesivos, combustibles y lubricantes, yacimientos petrolíferos, productos farmacéuticos y resinas industriales. Con sede en Schenectady, Nueva York, la presencia de producción global de SI Group incluye 24 plantas en cinco continentes, que atienden a clientes en 90 países con 2.800 empleados en todo el mundo. SI Group innova e impulsa el cambio para crear valor con pasión por la seguridad, la química y los resultados extraordinarios. Conozca más en www.barings.com.

Contacto para los medios:
Joseph Grande,
tel: + 1.413.684.2463
[email protected]

Logotipo: https://mma.prnewswire.com/media/95496/si_group__inc__logo.jpg

FUENTE SI Group

SOURCE SI Group

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Energy

Global Blister Packaging Machinery Market in Metal & Glass Containers Industry|Discover Company Insights in Technavio

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The report on the blister packaging machinery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by factors such as the increased demand for unit-dose/single-unit packaging, the increased demand for modular blister packaging machinery, and the growth in global pharmaceutical sales.

The blister packaging machinery market analysis includes application and geography landscape segments. This study identifies the use of robotic blister packaging machinery as one of the prime reasons driving the blister packaging machinery market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The blister packaging machinery market covers the following areas:

Blister Packaging Machinery Market Sizing
Blister Packaging Machinery Market Forecast
Blister Packaging Machinery Market Analysis

Companies Mentioned

  • ACG
  • Barry-Wehmiller Group Inc.
  • Fabrima
  • ILLIG Maschinenbau GmbH & Co. KG
  • KOCH Pac Systeme GmbH
  • Marchesini Group Spa
  • MDC Engineering Inc.
  • Syntegon Technology GmbH
  • Thomas Packaging LLC
  • Zed Industries Inc.

Related Reports on Materials Include:

Global Ampoules Packaging Market– The ampoules packaging market is segmented by material (glass ampoules packaging and plastic ampoules packaging) and geography (North America, Europe, APAC, South America, and MEA).
Download FREE Sample Report

Global Cosmetic Packaging Market– The cosmetic packaging market is segmented by material (plastic, glass, metal, and others) and geography (APAC, North America, Europe, South America, and MEA).
Download FREE Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Pharmaceutical – Market size and forecast 2020-2025
  • Food – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ACG
  • Barry-Wehmiller Group Inc.
  • Fabrima
  • ILLIG Maschinenbau GmbH & Co. KG
  • KOCH Pac Systeme GmbH
  • Marchesini Group Spa
  • MDC Engineering Inc.
  • Syntegon Technology GmbH
  • Thomas Packaging LLC
  • Zed Industries Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Report link: https://www.technavio.com/report/blister-packaging-machinery-market-industry-analysis

SOURCE Technavio


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Energy

Sinopec construit la plus importante base de production de désinfectants au monde

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Les produits désinfectants de la Société sont maintenant exportés dans plus de 80 pays et territoires. La construction de la nouvelle usine de production de désinfectants d’une capacité de production de 12 000 tonnes par an a commencé en juin 2020, et celle-ci devrait être mise en service sous peu malgré de nombreux défis, y compris la pandémie de COVID-19 et de récentes inondations. La nouvelle usine augmentera considérablement l’efficacité opérationnelle de la Société tout en réduisant sa consommation d’énergie et ses émissions de carbone.

La poudre de blanchiment concentrée produite par la Société est reconnue pour ses caractéristiques suivantes :

  • Teneur élevée en hypochlorite de calcium : moins de 30 grammes de poudre de blanchiment équivalent à une bouteille de 500 ml de 84 désinfectants liquides.
  • Les désinfectants germicides inorganiques à haute efficacité peuvent éliminer les bactéries intestinales pathogènes, les coccus pyogènes, les levures et les spores pathogènes.
  • Elle peut inactiver le poliovirus et présente une efficacité antibactérienne de 99,99 % contre le staphylocoque doré (Staphylococcus aureus) (S. aureus) et la bactérie E. coli (Escherichia coli).

Le désinfectant ne laisse aucun résidu après utilisation et peut être largement utilisé pour la désinfection des aliments et de l’eau potable, la purification de l’eau, la désinfection de l’environnement, l’élevage, l’aquaculture, etc.

Le produit est reconnu comme un nouveau produit essentiel à l’échelle nationale par cinq ministères et commissions, dont le Ministère de la Science et de la Technologie de la République populaire de Chine.

En 2020, lorsque la ville de Wuhan a manqué de désinfectants pour prévenir et contrôler le nouveau coronavirus, Sinopec a immédiatement demandé à la Société d’ajuster la production et d’assurer un approvisionnement suffisant.

Le 24 janvier 2020, la veille du jour de l’An chinois, la Sinopec-SK Wuhan Petrochemical Company a fait don de 200 tonnes de produits désinfectants qui ont été expédiées au moyen de huit camions-plateformes de 30 tonnes effectuant des allers-retours de 500 kilomètres du champ pétrolier de Qianjiang à Wuhan.

Donnant suite à la requête de la Fédération nationale des syndicats de Chine et d’autres départements, la Société a fait don de 951 tonnes supplémentaires de désinfectant à base de poudre de blanchiment à travers le pays et a été incluse dans la liste des fabricants de produits désinfectants pour la prévention des épidémies par la province du Hubei.

La Société a également exporté plus de 10 000 tonnes de désinfectants en mars 2020 dans plus de dix pays, dont l’Italie et la France, soutenant ainsi la lutte contre la pandémie.

Veuillez consulter le site Web de Sinopec pour obtenir de plus amples renseignements.

À propos de Sinopec

Sinopec Corp. est l’une des plus grandes entreprises intégrées d’énergie et de produits chimiques en Chine. Ses principales activités comprennent l’exploration et la production, le transport par pipeline et la vente de pétrole et de gaz naturel ; la vente, le stockage et le transport de produits pétroliers, de produits pétrochimiques, de produits chimiques du charbon, de fibres synthétiques, d’engrais et d’autres produits chimiques ; l’importation et l’exportation de pétrole, de gaz naturel, de produits pétroliers, de produits pétrochimiques et chimiques, et d’autres produits et technologies ; et la recherche, le développement et l’application de technologies et d’information.

Sinopec définit sa mission par la phrase « alimenter une belle vie », et ses valeurs fondamentales d’entreprise par « les personnes, la responsabilité, l’intégrité, la précision, l’innovation et les situations qui bénéficient à tous ». L’entreprise poursuit des stratégies d’orientation axée sur la valeur, de développement axé sur l’innovation, d’allocation intégrée des ressources, de coopération ouverte et de croissance verte et à faibles émissions de carbone, et s’efforce de réaliser sa vision d’entreprise qui consiste à bâtir une société d’énergie et de produits chimiques à l’échelle mondiale.

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Logo – https://mma.prnewswire.com/media/960416/SINOPEC_Logo.jpg

Related Links

www.sinopecgroup.com/group

SOURCE Sinopec

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