I would like to express our sincere gratitude for your continued support.
The Company’s precious metals recycling business continues to recover, and for the fiscal year ended March 2025, it outperformed the previous fiscal year in all fields of our collection operations. Among these,
the electronic industry field saw remarkable growth, driven by AI related semiconductors. Our total
annual recycling production volume reached 39 tons (excluding the contribution of the North American
refining business) and that is more than five times the annual production volume by the nation’s largest
gold mine. In other developments, we established locally incorporated companies in Thailand in October
2024, and in India in June 2025. Through
such activities we are steadily implementing our strategies for the entire Asia region. In addition, we
have completed new construction of the Asahi Pretec Bando Plant, and begun operation there. The new
plant is positioned to support the aforementioned growth in the precious metals recycling business in
Japan and overseas.
In the second half of the fiscal year ended March 2025, trade policies of major countries became volatile, and
we had been concerned about the impact such policies might have on the North American refining
business, which receives entrusted raw materials for processing from various countries around the world.
However, in the end, the North American refining business expanded business opportunities and
outperformed its results of the previous fiscal year. We did experience an increase in consolidated total
liabilities as a result of the growth experienced by the North American refining business, but the
Company has obtained a rating of “A-” from Rating and Investment Information, Inc. in January 2025.
Our borrowings in the North American refining business are backed by highly liquid precious metal
commodities, which has led to an evaluation of high risk resilience.
For the fiscal year ended March 2025, revenue was 506.2 billion yen, and operating profit was 20.0 billion yen. For
the year-end dividend, we decided to pay 40 yen per share. Last year, a diverse team within the Company,
representing various ages, genders, and job roles, revamped our former “The Asahi Way” to create the
“ARE Group Way.” However, our Purpose remains unchanged. The preservation of natural capital is
our raison d’être, and our mission is to safeguard what humanity hopes for in the future. We will strive
even harder, together with our employees, to generate profits that reflect the value of our activities to
address global and societal issues, and to sustainably enhance these profits. We kindly ask for your
continued understanding and support.
June 2025
Tomoya Higashiura
Representative Director, President & CEO