Consolidated Financial Results
for the Fiscal Year Ended March 31, 2024
[Japanese GAAP]May 14, 2024
Company name: ARAKAWA CHEMICAL INDUSTRIES, LTD.
Stock exchange listing: Tokyo Stock Exchange
Code number: 4968
URL: https://www.arakawachem.co.jp/en/
Representative: Nobuyuki Takagi, Representative Director and President
Contact: Toru Nobuhiro, Managing Director
Phone: +81-6-6209-8500
Scheduled date of Annual General Meeting of Shareholders: June 20, 2024
Scheduled date of commencing dividend payments: June 21, 2024
Scheduled date of filing securities report: June 20, 2024
Availability of supplementary explanatory materials on annual financial results: Available
Schedule of annual 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 Fiscal Year Ended March 31, 2024 (April 1, 2023 - March 31, 2024)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable
Net sales
Operating profit
Ordinary profit
to owners of parent
Fiscal year ended
Millions of yen% Millions of yen% Millions of yen% Millions of yen%March 31, 2024
72,222(9.1)(2,617)–(2,412)–(1,042)–
March 31, 2023
79,431(1.3)(2,907)–(2,687)–(4,941)–(Note) Comprehensive income: Fiscal year ended March 31, 2024: ¥ 1,822 million [–%]
Fiscal year ended March 31, 2023: ¥ (4,668) million [–%]
Basic earnings Diluted earnings
Return on
Ordinary profit Operating profit
per shareper share
equityto total assets
to net sales
Fiscal year endedYen
Yen%%%(1.9)
(2.0)
(3.6)
March 31, 2024
(52.56)–(8.7)(2.3)(3.7)
March 31, 2023
(249.08)–(Reference) Equity in earnings of affiliated companies: Fiscal year ended March 31, 2024: ¥ – million
Fiscal year ended March 31, 2023: ¥ – million

(2) Consolidated Financial Position
Total assets

Net assets

Millions of yen

Equity ratio

Net assets per share

Millions of yen%

Yen

As of March 31, 2024
125,418
56,918
As of March 31, 2023
119,035
56,509(Reference) Equity: As of March 31, 2024: ¥ 56,134 million
As of March 31, 2023: ¥ 54,082 million

44.8
45.4

2,829.54
2,726.08(3) Consolidated Cash Flows
Cash and cash
equivalents
at end of period

Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

Millions of yen

Millions of yen

Millions of yen

Millions of yen

1,157(575)(7,140)(6,046)

5,484
6,666

9,164
9,286

Fiscal year ended
March 31, 2024
March 31, 2023
2. Dividends

Annual dividends
1st
2nd
3rd
Yearquarter quarter quarterend-end-end-end
Fiscal year ended
March 31, 2023
Fiscal year ended
March 31, 2024
Fiscal year ending
March 31, 2025(Forecast)

Total

Total
dividends(annual)Payout ratio(consolidated)

Ratio ofdividends tonet assets(consolidated)

Yen

Yen

Yen

Yen

Yen

Millions of yen

%%

–

24.00

–

24.00

48.00

952

–

1.7

–

24.00

–

24.00

48.00

952

–

1.7

–

24.00

–

24.00

48.00

52.9

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025 (April 1, 2024 - March 31,2025)(% indicates changes from the previous corresponding period.)
ProfitBasic earningsNet sales
Operating profit
Ordinary profit
attributable toper shareowners of parent
Millions of yen

First half(cumulative)
Full year% Millions of yen% Millions of yen% Millions of yen%

Yen

40,000 15.4

700–

500–

1,400–

70.57

82,000 13.5

2,000–

1,500–

1,800–

90.73

* Notes:(1) Changes in significant subsidiaries during the fiscal year under review: None
(Changes in specified subsidiaries resulting in changes in scope of consolidation)
Newly included: – companies (Company name)
Excluded: – companies (Company name)(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards and other regulations: None
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Retrospective restatement: None
(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the year (including treasury shares):
March 31, 2024:
20,652,400 shares
March 31, 2023:
20,652,400 shares2) Total number of treasury shares at the end of the year:
March 31, 2024:
813,611 shares
March 31, 2023:
813,491 shares
3) Average number of shares during the year:
Fiscal year ended March 31, 2024:
Fiscal year ended March 31, 2023:

19,838,881 shares
19,838,976 shares(Reference) Summary of Non-consolidated Financial Results
1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (April 1, 2023 - March 31, 2024)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
Operating profit
Ordinary profit
ProfitFiscal year ended
Millions of yen% Millions of yen%
Millions of yen%
Millions of yen%March 31, 2024
46,021(4.3)4(373)–
1,585 151.9(673)–
March 31, 2023
48,0800.4(1,246)–629 (78.2)(5,654)–

Fiscal year ended
March 31, 2024
March 31, 2023

Basic earnings
per share

Diluted earnings
per share

YenYen(33.95)(285.04)––(2) Non-consolidated Financial Position
Total assets
Millions of yen

Net assets

Equity ratio

Net assets per share

Millions of yen%

Yen

As of March 31, 2024
99,64143,733As of March 31, 2023
88,93043,160(Reference) Equity: As of March 31, 2024: ¥43,733 million
As of March 31, 2023: ¥43,160 million

43.9
48.5

2,204.45
2,175.56* These consolidated financial results are outside the scope of audit 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 fromthese statements due to various factors.