Applications for aluminum products have been expanding in various industries amid growing awareness of the metal’s environmental benefits among users. Against this backdrop, the UACJ Group’s total sales volume increased year on year by 37,000 tons in fiscal 2022, ended March 31, 2023. Sales volume of its mainstay product, flat-rolled aluminum for can stock, in particular, increased at subsidiaries in the United States and Thailand as demand remained brisk in various regions of the world. Likewise, amid rising global demand for air conditioners, group companies in Thailand and Japan recorded higher sales volume of aluminum compressor fins for air conditioners. Although demand for these products has continued to be strong up to the present, demand for automotive extruded parts and panels decreased due to semiconductor shortages and supply chain bottlenecks in the auto industry, resulting in lower sales volume year on year. Sales volume of aluminum foil also decreased. Nevertheless, sales volume was up overall thanks to increased shipments of can stock to markets outside Japan.
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