Consolidated Financial Results
for the Three Months Ended June 30, 2023
[Japanese GAAP]
August 3, 2023
Company name: ARAKAWA CHEMICAL INDUSTRIES, LTD.
Stock exchange listing: Tokyo Stock Exchange
Code number: 4968
URL: https://www.arakawachem.co.jp/
Representative: Takashi Une, Representative Director and President
Contact: Toru Nobuhiro, Managing Director and General Manager of Administrative H.Q.
Phone: +81-6-6209-8500
Scheduled date of filing quarterly securities report: August 9, 2023
Scheduled date of commencing dividend payments: -
Availability of supplementary explanatory materials on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Not scheduled
(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Three Months Ended June 30, 2023 (April 1, 2023 - June 30, 2023)
(1) Consolidated Operating Results | (% indicates changes from the previous corresponding period.) | ||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable | ||||||||||||||
to owners of parent | |||||||||||||||||
Three months ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||||||
June 30, 2023 | 17,298 | (18.3) | (834) | - | (670) | - | (314) | - | |||||||||
June 30, 2022 | 21,161 | 7.7 | 571 | (66.4) | 722 | (60.5) | 376 | (70.4) | |||||||||
(Note) Comprehensive income: Three months ended June 30, 2023: ¥ 212 million [(71.5)%] | |||||||||||||||||
Three months ended June 30, 2022: ¥ 743 million [(63.7)%] | |||||||||||||||||
Basic earnings | Diluted earnings | ||||||||||||||||
per share | per share | ||||||||||||||||
Three months ended | Yen | Yen | |||||||||||||||
June 30, 2023 | (15.84) | - | |||||||||||||||
June 30, 2022 | 19.00 | - | |||||||||||||||
(2) Consolidated Financial Position | |||||||||||||||||
Total assets | Net assets | Equity ratio | |||||||||||||||
Millions of yen | Millions of | yen | % | ||||||||||||||
As of June 30, 2023 | 118,322 | 56,264 | 45.9 | ||||||||||||||
As of March 31, 2023 | 119,035 | 56,509 | 45.4 | ||||||||||||||
(Reference) Equity: As of June 30, 2023: ¥ 54,274 million As of March 31, 2023: ¥ 54,082 million
2. Dividends
Annual dividends | |||||||
1st quarter-end | 2nd quarter-end | 3rd quarter-end | Year-end | Total | |||
Yen | Yen | Yen | Yen | Yen | |||
Fiscal year ended | - | 24.00 | - | 24.00 | 48.00 | ||
March 31, 2023 | |||||||
Fiscal year ending | - | ||||||
March 31, 2024 | |||||||
Fiscal year ending | |||||||
March 31, 2024 | 24.00 | - | 24.00 | 48.00 | |||
(Forecast) |
(Note) Revision to the forecast for dividends announced most recently: None
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2024 (April 1, 2023 - March 31, 2024)
(% indicates changes from the previous corresponding period.)
Profit attributable | Basic earnings | ||||||||
Net sales | Operating profit | Ordinary profit | to owners of | ||||||
per share | |||||||||
parent | |||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
First half | 40,000 | (4.1) | (2,000) | － | (2,100) | － | (1,800) | － | (90.73) |
(cumulative) | |||||||||
Full year | 83,000 | 4.5 | (1,800) | － | (2,000) | － | (1,800) | － | (90.73) |
(Note) Revision to the financial results forecast announced most recently: None |
* Notes:
-
Changes in significant subsidiaries during the period under review: None (Changes in specified subsidiaries resulting in changes in scope of consolidation) Newly included: - companies (Company name)
Excluded: - companies (Company name) - Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:
None - Changes in accounting policies, changes in accounting estimates and retrospective restatement
- Changes in accounting policies due to the revision of accounting standards: None
- Changes in accounting policies other than 1) above: None
- Changes in accounting estimates: None
- Retrospective restatement: None
- Total number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares):
June 30, 2023: | 20,652,400 shares |
March 31, 2023: | 20,652,400 shares |
2) Total number of treasury shares at the end of the period: | |
June 30, 2023: | 813,491 shares |
March 31, 2023: | 813,491 shares |
3) Average number of shares during the period: | |
Three months ended June 30, 2023: | 19,838,909 shares |
Three months ended June 30, 2022: | 19,839,009 shares |
- These quarterly consolidated financial results are outside the scope of quarterly review by certified public accountants or an audit firm.
- Explanation on the proper use of financial results forecast and other special notes
Forward-looking statements, including financial results forecasts, contained in this document are based on information currently available to the Company and certain assumptions deemed reasonable. Therefore, these statements do not constitute a guarantee that they will be realized. Actual results may differ materially from these statements due to various factors.