COMPANY

DOWA Holdings

Articles that reconnect the numbers in this company’s primary sources into a clearer picture of the business.

DOWA HoldingsYear ended March 2026

At DOWA, zinc-smelting residue becomes feedstock.

20+ typesMetals recovered across the smelting network
¥6.9bnFY ended March 2026: Nonferrous Metals operating profit
¥19.6bnSame segment and period: ordinary profit
What emerges

DOWA connects used circuit boards and smelting residues with processes that recover metals. Recovered volumes, metal prices, raw-material purchasing terms and mine earnings each affect profitability. In the year ended March 2026, Nonferrous Metals earned ¥6.9bn in operating profit and ¥19.6bn in ordinary profit. At group level, an increase in inventories reduced operating cash flow. Reading DOWA means following both the technologies connecting its processes and the materials and funding needed to keep them running.

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