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.)
Profit attributable
Net sales
Operating profit
Ordinary profit
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
21,1617.7
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 shareper share
Three months ended
Yen
Yen
June 30, 2023–(15.84)
June 30, 2022
19.00–
(2) Consolidated Financial Position
Total assets
Millions of yen

Net assets
Millions of yen

As of June 30, 2023
118,322
As of March 31, 2023
119,035(Reference) Equity: As of June 30, 2023: ¥ 54,274 million
As of March 31, 2023: ¥ 54,082 million

56,26456,509Equity ratio%

45.9
45.4

2. Dividends
Annual dividends
1st quarter-end

2nd quarter-end 3rd quarter-end

Yen

Yen

Year-end

Yen

Fiscal year ended
–
24.00
–
March 31, 2023
Fiscal year ending–
March 31, 2024
Fiscal year ending
March 31, 2024
24.00–
(Forecast)(Note) Revision to the forecast for dividends announced most recently: NoneTotal

Yen

Yen

24.00

48.00

24.00

48.00

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 ofper shareparentMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen

First half
40,000 (4.1)(2,000)－(2,100)－(1,800)(cumulative)
83,000
4.5
Full year(1,800)－(2,000)－(1,800)(Note) Revision to the financial results forecast announced most recently: None%Yen－(90.73)－(90.73)* Notes:(1) 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)(2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:
None(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(4) Total number of issued shares (common shares)
1) 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 shares2) 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, thesestatements do not constitute a guarantee that they will be realized. Actual results may differ materially fromthese statements due to various factors.