Hanwa Co., Ltd.

To Our Shareholders and Investors

During the fiscal year ended March 31, 2022, economic activity progressed on a recovery trend. Net sales increased to 2,164.0 billion yen, as transaction volume increased in Steel businesses, and prices of steel and non-ferrous metals trended upward. Profits expanded in all business segments. Operating income increased by 113% YoY, to 62.3 billion yen, while ordinary income increased by 118% YoY, to 62.7 billion yen, as equity in earnings of affiliates expanded, mainly in the Steel business, and net income attributable to owners of the company increased by 122% to 43.6 billion yen.

With regard to year-end dividends, we resolved to distribute a dividend of 50 yen per share at the Ordinary General Meeting of Shareholders held on June 24, 2022. As a result, the annual dividend per share for the fiscal year ending March 2022, including the interim payment of 50 yen per share already implemented, is 100 yen.

We are promoting the Medium-Term Business Plan for the period from FY 2020 to FY 2022. In this Medium-Term Business Plan, we will strengthen corporate foundation and improve our medium-to long-term profitability in well-balanced manner, and advance initiatives aimed at achieving sustainable growth with a view toward FY2030. These targets are based on a three-tier approach that comprises "Management based on ESG and SDGs" as the basement floor, " I. Strengthening of the Management Foundation" as the first floor, "II. Development of Business Strategy" as the second floor and "III. Monetization of Investment" as the third floor.

Going forward, we will continue to deepen implementation of our corporate strategies under the Medium-Term Business Plan, achieve sustainable growth and improve the overall corporate value of our Group, to meet the expectations of our shareholders and investors. We ask once again for your continued understanding and support.

June 2022

Yoichi Nakagawa


  • The Hanwa Scholarship Foundation Corporate Citizenship