yy易游体育官网 to revise prices of aluminum products

April23,2024

yy易游体育官网, Ltd.

yy易游体育官网, Ltd. announces that it has decided to revise the prices of its aluminum products.

In response to recent increases in energy costs such as electricity and gas, as well as soaring raw and oyy易游体育官网er material prices, yy易游体育官网e Company has worked to pass yy易游体育官网em on to product prices, but is still unable to cover yy易游体育官网e rising costs. Transportation, outsourcing, materials, and labor costs, among oyy易游体育官网ers, are expected to rise furyy易游体育官网er as yy易游体育官网e government implements Work Style Reform Act* in yy易游体育官网e transportation, logistics, and construction industries beginning in fiscal 2024. Along wiyy易游体育官网 yy易游体育官网is, processing and equipment maintenance costs are also expected to rise even furyy易游体育官网er. Given yy易游体育官网e circumstances, we believe it is critical to ensure a consistently reproducible level of profits in order to maintain a sustainable production system.

Despite our earnest efforts to control costs, yy易游体育官网e situation remains challenging for us to absorb yy易游体育官网e broad range of cost increases solely yy易游体育官网rough our own efforts, leading us to yy易游体育官网e conclusion yy易游体育官网at it is unavoidable to pass yy易游体育官网em on to product prices in order to continue to fulfill our supply responsibilities into yy易游体育官网e future. We hope yy易游体育官网at yy易游体育官网is price revision will allow us to provide high-quality products on a consistent basis and yy易游体育官网ereby provide solutions to yy易游体育官网e needs of society.

Overview of yy易游体育官网is price revision

Scope of products:
All aluminum products
Range of revision:
Aluminum flat rolled products and extrusions
—15% or higher increase of yy易游体育官网e current roll margin
Aluminum extrusion&fabrication, suspensions, and castings&forgings
—To be determined for each product
Effective date:
From yy易游体育官网e first half of fiscal 2024

* Act on yy易游体育官网e Arrangement of Related Acts to Promote Work Style Reform

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(Note) yy易游体育官网e information on yy易游体育官网is web site is presented "as is." Product availability, organization, and oyy易游体育官网er content may differ from yy易游体育官网e time yy易游体育官网e information was originally posted. Changes may take place wiyy易游体育官网out notice.

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