Consolidated Financial Results Highlights
for the Fiscal Year Ended March 31, 2024
[Japanese GAAP]
April 30, 2024
Company Name: HARIMA CHEMICALS GROUP, INC.
Code Number: 4410
(URL: www.harima.co.jp)
Stock Exchange Listing: Tokyo Stock Exchange
Representative: Yoshihiro Hasegawa, President
Contact: Kiyotaka Uetsuji, Managing Director, Accounting Section Director
Phone: +81-6-6201-2461
Scheduled date of Ordinary General Shareholders’ Meeting: June 20, 2024
Scheduled submission date of Securities Report: June 21, 2024
Scheduled date to commence dividend payments: June 21, 2024
Availability of supplementary briefing material on Financial Results: Available
Schedule of Financial Results briefing session: Not scheduled(Figures are rounded down to the nearest million yen)

1. Consolidated Financial Results for the Fiscal Year Ended March 2024 (From April 1, 2023 toMarch 31, 2024)(1) Consolidated Results of Operations(% indicates changes from the same period of the previous year)
Net income attributable toHarima Chemicals
Group,INC
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
FY Ended March 31, 2024
92,330(2.3)(211)－(275)－(1,161)－FY Ended March 31, 2023
94,51024.2
1,706(47.5)
2,541(26.0)
885(49.3)(Note) Comprehensive income: FY Ended March 31, 2024: 1,549million yen [ (43.8 %)], FY Ended March 31, 2023: 2,758million yen [(27.5%)]
Net sales

Operating income

Net income per share

Fully diluted net income
per share

Return on equity

Yen%

Yen

FY Ended March 31, 2024
(47.96)FY Ended March 31, 2023
35.76
(Reference) Equity in net income (loss) of affiliated companies:

Ordinary income

Return on assets

Operatingprofit on sales%%－(3.1)－2.4
FY Ended March 31, 2024: 190 million yen,
FY Ended March 31, 2023: 1,042 million yen

(0.3)
3.0

(0.2)
1.8

Net assets

Net assets per share(2) Consolidated Financial Position
Total assets

Equity ratio%
At March 31, 2024
98,58340,88137.8
At March 31, 2023
92,43940,82040.1(Reference) Equity: FY Ended March 31, 2024: 37,217million yen, FY Ended March 31, 2023: 37,102million yen
Millions of yen

Millions of yen

Yen

1,535.78
1,533.01(3) Consolidated Cash FlowsFY Ended March 31, 2024
FY Ended March 31, 2023

Cash flows from operating
activities

Cash flows from investing
activities

Cash flows from financing
activities

Cash and cash equivalents
at Year end

Millions of yen

Millions of yen

Millions of yen

Millions of yen

353
(466)

(3,197)(6,649)

2,895
7,657

6,633
6,218

1

2. Dividends
Annual dividend

1Q

2Q
Yen

FY Ended March 31, 2023
FY Ended March 31, 2024
FY Ending March 31,2025(Forecast)

3Q
Yen

Year end
Yen

Dividend

Dividend
payout ratio(Total)(Consolidated)

Total

Yen

Yen

Millions of yen－－21.00
21.00

－－

21.00
21.00

42.00
42.00

1,028
1,017

－

21.00

－

21.00

42.00

%
117.5
－Dividend onequityratio(Consolidated)
%
2.8
2.7

70.2

3. Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2025 (From April
1, 2024 to March 31, 2025)
Net sales
Millions of yen

2Q(cumulative)
Full year

49,300102,000(% indicates changes from the same period of the previous year)
Net income attributable
Net income
Ordinary income
to Harima Chemicals
per share
Group,INC.
Millions of yen
Millions of yen
Yen%%
680－470－
19.39
2,100－
1,450－
59.83

Operating income%
8.9
10.5

Millions of yen

680
2,100%－－

4. Others(1) Significant changes of subsidiaries during period under review (affecting specific subsidiaries due tochanges in scope of consolidation): None
Newly included: 0 (Company name: ) Excluded: 0 (Company name: )(2) Changes in accounting policies, changes in accounting estimates and corrections of errors(i) Changes in accounting policies accompanying the revisions to items such as accounting standards:
None(ii) Changes in accounting policies other than (i) above: None(iii) Changes in accounting estimates: None(iv) Corrections of errors: None
(3) Number of shares issued (common stock)(i) Total number of shares issued at the end of the period (including treasury stock)
Fiscal Year Ended March 31, 2024

26,080,396 sharesFiscal Year Ended March 31, 2023

26,080,396 shares(ii) Total number of treasury stock at the end of the period
Fiscal Year Ended March 31, 2024

1,846,943 sharesFiscal Year Ended March 31, 2023

1,878,064 shares(iii) Average number of shares during the period
Fiscal Year Ended March 31, 2024

24,223,939 sharesFiscal Year Ended March 31, 2023

24,769,475 shares

2

(Reference) Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2024 (From April 1,2023 to March 31, 2024)(1) Non-consolidated Results of Operations
Net sales
FY Ended March 31, 2024
FY Ended March 31, 2023

Millions of yen
3,160
2,811

(% indicates changes from the same period of the previous year)
Operating income%
12.4
43.3

Net income per share

Millions of yen
711
366

28.43
2.11－

Millions of yen
894
460

Net income%94.5－

Millions of yen
68852%
1,217.7－

Fully diluted net income
per shareYen

FY Ended March 31, 2024
FY Ended March 31, 2023

Ordinary income%94.2

Yen－－(2) Non-consolidated Financial Position
Total assets

Net assets

Equity ratio

Net assets per share%
At March 31, 2024
49,381
22,93846.5
At March 31, 2023
41,861
22,762
54.4(Reference) Equity: FY Ended March 31, 2024: 22,938million yen, FY Ended March 31, 2023: 22,762million yen
Millions of yen

Millions of yen

Yen

946.58940.49* This summary of consolidated financial results is not subject to audit procedure.
* Explanation for the appropriate use of performance forecasts and other special notes:
The performance forecasts and other forward-looking statements herein are based on information currently
available to the Company and certain preconditions which the Company believes to be reasonable. Actual
results may differ significantly from these forecasts due to a wide range of factors.
* Regarding the change in disclosure unit of the amounts:
Amounts of accounts and other items in the Company's consolidated financial statements used to be stated inunits of thousands of yen, but from this first quarter of the consolidated cumulative period, they have beenstated in units of millions of yen. For easy comparison, figures for the previous fiscal year have also beenchanged to units of millions of yen.

3

Segment Information
Information regarding net sales and income or loss by reporting segment
I. For the previous fiscal year (April 1, 2022 to March 31, 2023)(Millions of yen)
Reporting segment
Resin & Tall Oil
Products

Paper Chemicals

Electronics
Materials

19,251

24,9339,241

38,797

92,224314

136－1,3521,802

19,56625,0699,241

40,14994,027

Segment income (loss)

35

1,534

163

1,315

3,049

Depreciation

615

718

371

636

2,341

(1)

29(9)

(250)

(232)

－－－

990

990

Total

Adjustment(Note 2)

Amount in consolidated
statement of income(Note 3)

LawterSubtotal

Net sales
Net sales to externalcustomers
Intersegment sales ortransfers
Total

Interest income andinterest expenses
Equity in income ofaffiliated companies

Others(Note 1)
Net sales
Net sales to externalcustomers
Intersegment sales ortransfers

2,559

94,784(273)

94,510182

1,985(1,985)

－

Total

2,741

96,769(2,258)94,510

Segment income (loss)

(101)

2,947

(1,241)

1,706

Depreciation

127

2,469

－

2,469

0(232)

(98)

(330)

－

990

52

1,042

Interest income andinterest expenses
Equity in income ofaffiliated companies(Notes) 1. “Others” division is business segment not attributable to reportable segment and includes mainly
real estate management, etc.
2. The adjustment amount of segment income (loss) includes the adjustment of inventories (255)
million yen and company-wide expenses (997) million yen, etc. that are not attributable toreportable segment.
3. Segment income (loss) is adjusted to reflect operating income as recorded in the consolidated
statement of income.
4. Assets are not allocated into reportable segments how to determine the allocation of management
resources and how to assess performance of the Company.

4II. For the current fiscal year (April 1, 2023 to March 31, 2024)(Millions of yen)
Reporting segment
Resin & Tall Oil
Products

Paper Chemicals

Electronics
Materials

21,436

24,627

11,58531,181

88,831

601

0－993

1,596

22,03824,628

11,58532,17490,427Segment income (loss)

211

1,548

582

(1,675)667

Depreciation

696

723

446

722

2,588

21

11(25)

(243)

(234)

－－－

160

160

Total

Adjustment(Note 2)

Amount in consolidated
statement of income(Note 3)

LawterSubtotal

Net sales
Net sales to externalcustomers
Intersegment sales ortransfers
Total

Interest income andinterest expenses
Equity in income ofaffiliated companies

Others(Note 1)
Net sales
Net sales to externalcustomers
Intersegment sales ortransfers

3,701

92,532(202)

92,330260

1,857(1,857)－Total3,962

94,389(2,059)92,330

Segment income (loss)(29)

637(849)(211)

Depreciation

141

2,729－

2,729

0(233)

(129)

(363)

－

160

30

190

Interest income andinterest expenses
Equity in income ofaffiliated companies(Notes) 1. “Others” division is business segment not attributable to reportable segment and includes mainly
real estate management, etc.
2. The adjustment amount of segment income (loss) includes the adjustment of inventories 276 million
yen and company-wide expenses (1,136) million yen, etc. that are not attributable to reportablesegment.
3. Segment income (loss) is adjusted to reflect operating income as recorded in the consolidated
statement of income.
4. Assets are not allocated into reportable segments how to determine the allocation of management
resources and how to assess performance of the Company.

5