(C)2008 DOWA Holdings Co., Ltd.

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• DOWA Group CSR
  • DOWA CSR
  • Greeting
  • What is Social Responsibility of DOWA?
  • Feature I Contribution to Earth’s environment
  • Aiming for No. 1 in Asia
  • Measures to Fight against Global Warming from Wastes
  • Feature II Fostering Rich Forests and Living Creatures
  • Fostering Rich Forests
  • Purify Water and Fostering Living Creatures.
  • Our Efforts towards Conservation of Biodiversity in Mine Development
  • What’s DOWA?
  • We Support the Infrastructures of the Resource Recycling Society.
  • DOWA Metals & Mining
  • DOWA Eco-System
  • DOWA Electronics Materials
  • DOWA Metaltech
  • DOWA Thermotech
  • As an Public Institution
  • CSR Guideline
  • Basic Environmental Policy
  • Management System
  • Environmental & Social Goals and their Present Statuses
• Social Performance
  • Relationship with Society
  • Relationship with Customers
  • Relationship with Employees
• Environmental Performance
  • Environmentally Conscious Business Management
  • Entire Overview of Business Activities and Environmental Load
  • INPUT
  • OUTPUT
  • Contribution to Global Warming Measures through Destruction of Chlorofluorocarbon
• Economic and Business Management Performance
  • Economic Report
  • Environmental Accounting
  • External Economic Benefit Evaluation EEBE(R)
• Business Overview
  • Corporate History and Environmental Commitment
  • Basic Requirements and Target Organization
  • Questionnaire Resulte

Economy Report

Financial Highlights

Despite the impact of appreciation of yen and high oil price, exports were favorable in the first half of this year for us. However, the drastic credit contraction started from the United States and impacted the global real economy into an unprecedented world economic recession.

Under such economic conditions, the DOWA group has started the structural reconstruction and strongly promoted cost reduction. However, our current operating profits and net profits decreased drastically, resulting in loss of 13.4 billion yen, a decrease of 58.2 billion yen from the previous year.

Topics of 2008

■ Smelting and Refining

• Kosaka Smelting and Refining installed new smelting and refining facilities and improved capacity（more）
• Restructuring of zinc business and promoting and strengthening of business infrastructures
• Enhancement of the sampling facilities of PGM (platinum group metal) both in Japan and U.S.A and strengthening its collection work

■ Environment and Recycling

• Eco-System Chiba New incineration furnace completed（more）
• DOWA acquired MAEH Inc., a waste disposal company in South East Asia（more）
• Kansai Soil Logistics Center was opened.
• The BDF (biodiesel fuel) business commenced in Okayama City（more）
• The CDM business commenced to collect methane from hog farms in the Philippines（more）

■ Electronic Materials

• Dowa obtained the exclusive right to sell U. S. PChem’s products related to silver nanopowder in Asia.（more）
• Dowa succeeded in development of deep ultraviolet LED chips that are the world’s state of art （more）
• Equity investment in KYOTO ELEX CO., LTD. was increased to 50% (to enhance electronic material business)
• The ferrite business base in Singapore was closed to concekntrate its production in Japan

■ Metal Processing

• Sales bases of copper elongation products (Tokyo and Nagoya) were concentrated into Hamamatsu to improve efficiency of sales activities
• DOWA Hightech launched collection of Ni and Sn from waste plating solution.
• TD Power Materials started manufacturing of aluminum nitride white plates.
• DOWA Power Device completed enhancement of its production capacity（more）

■ Heat treatment

• Construction of The ninth plant in Japan completed in Ohta City, Gunma Prefecture and commenced operation（more）
• A new company in Thailand started the entrusted processing business of carburizing and die surface treatment.
• The sales function was moved to Nagoya and the headquarters functions were deployed in Tokyo and Nagoya (effective utilization of organizational structures).

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