Consolidated Financial Results
for the Six Months Ended September 30, 2023
[Japanese GAAP]
November 2, 2023
Company name: ARAKAWA CHEMICAL INDUSTRIES, LTD.
Stock exchange listing: Tokyo Stock Exchange
Code number: 4968
URL: https://www.arakawachem.co.jp/en/
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: November 13, 2023
Scheduled date of commencing dividend payments: December 1, 2023
Availability of supplementary explanatory materials on quarterly financial results: Available
Schedule of quarterly financial results briefing session: Scheduled(for institutional investors/securities analysts)(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Six Months Ended September 30, 2023 (April 1, 2023 - September 30,2023)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable
Net sales
Operating profit
Ordinary profit
to owners ofparent
Six months ended
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
September 30, 2023
34,672(16.9)–––(1,827)(1,451)(753)
September 30, 2022
41,7125.2
436 (82.4)
756(70.6)(1,225)–(Note) Comprehensive income: Six months ended September 30, 2023: ¥ 516 million [–%]
Six months ended September 30, 2022: ¥ (93) million [–%]
Basic earnings
Diluted earnings
per shareper share
Six months endedYen
Yen
September 30, 2023–(37.96)
September 30, 2022
(61.78)–(2) Consolidated Financial PositionTotal assets
Millions of yen

Net assets

Equity ratio

Millions of yen%

As of September 30, 2023
122,720
56,550
As of March 31, 2023
119,035
56,509(Reference) Equity: As of September 30, 2023: ¥ 54,859 million
As of March 31, 2023: ¥ 54,082 million

44.7
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–
24.00
March 31, 2024
Fiscal year ending
March 31, 2024–(Forecast)(Note) Revision to the forecast for dividends announced most recently: NoneTotalYen

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 shareparent
Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen

73,000 (8.1)
Full year(2,900)－(2,800)－(Note) Revision to the financial results forecast announced most recently: Yes(1,700)%Yen－(85.69)* 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: None2) 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):
September 30, 2023:
20,652,400 shares
March 31, 2023:
20,652,400 shares2) Total number of treasury shares at the end of the period:
September 30, 2023:
813,491 shares
March 31, 2023:
813,491 shares
3) Average number of shares during the period:
Six months ended September 30, 2023:

19,838,909 shares

Six months ended September 30, 2022:

19,839,000 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.