Closing Announcement of Second Quarter of the Fiscal Year Ending March 31, 2021
[Japanese Standards] (Consolidated)
October 29, 2020
Name of Listed Company:
Code No.:
Representative:
Contact Person:

Arisawa Mfg. Co., Ltd.
5208
Representative Director and CEO:Operating Officer,
Corporate Planning Department:
Scheduled Date of Submitting Financial Report: November 13, 2020
Scheduled Date of Commencement of Dividend Payment: --Whether supplementary explanation materials for the closing are prepared:
Whether explanation meeting is held for the closing:

Listed on the Tokyo Stock Exchange(URL http://www.arisawa.co.jp/)
Yuta Arisawa
Takeshi Masuda

TEL: 025-524-7101

No
Yes (for analysts)(Indicated by rounding off an amount less than 1 million yen)

1.

Consolidated Results in Second Quarter of the Fiscal Year Ending March 31, 2021
(From April 1, 2020 to September 30, 2020)(1) Consolidated Operating Results (Cumulative)(% indication shows the increase or decrease rate from the same period in the previous year)
Net profit attributable toOperating profit
Ordinary profit
owners of the parent(million yen)%(million yen)%(million yen)%(million yen)%
Sales

Second Quarter of the Fiscal YearEnding March 31, 2021
Second Quarter of the Fiscal Year
Ended March 31, 2020

(Note)△1.8

22,203

1,375

1,347

△6.4

853

---

△894
22,599 △0.5
1,321 △23.7
1,440 △44.4
Comprehensive income: Second Quarter of the Fiscal Year Ending March 31, 2021: 1,291 million yen (--- %)Second Quarter of the Fiscal Year Ended March 31, 2020: △1,196 million yen (--- %)---Net profit per share

4.1

Fully diluted net profit per share(Yen, Sen)

(Yen, Sen)

25.67

25.63

Second Quarter of the Fiscal YearEnding March 31, 2021
Second Quarter of the Fiscal Year
Ended March 31, 2020

△24.81---(2) Consolidated Financial Conditions
Total assets(million yen)

Net assets(million yen)

Net worth ratio

Second Quarter of the Fiscal YearEnding March 31, 2021
69,15349,174
Fiscal Year Ended March 31, 2020
71,70949,018(Reference) Net worth: Second Quarter of the Fiscal Year Ending March 31, 2021: 46,452 million yen
Fiscal Year Ended March 31, 2020: 46,137 million yen

2.

%

Net asset per share(Yen, Sen)

67.2
64.3

1,396.37
1,387.76

Status of Dividends

Fiscal Year Ended March 31, 2020
Fiscal Year Ending March 31, 2021
Fiscal Year Ending March 31, 2021
(Forecast)(Note)End of 1st quarter(Yen, Sen)-----

End of 2nd quarter(Yen, Sen)
0.00
0.00

Annual dividends
End of 3rd quarter(Yen, Sen)---

End of year
(Yen, Sen)
30.00

Annual(Yen, Sen)
30.00

34.00

34.00

---

Existence of adjustment from the most recently announced dividend forecast: Yes

Please refer to the “Notice of Adjustment of Forecast of Business Results for a Full-year and Adjustment of Dividend Forecast” which was disclosed asof this day (October 29, 2020).

3.

Forecast of Consolidated Business Results for Fiscal Year Ending March 31, 2021
(From April 1, 2020 to March 31, 2021)(% indication shows the increase or decrease rate from the previous period)
Sales
Full Year

(Note)

Operating profit

Net profit
attributable to ownersof the parent

Ordinary profit

Net profit per share(million yen)%(million yen)%(million yen)%(million yen)%

(Yen, Sen)

45,300

△1.5

2,400

△13.1

2,600

△6.6

1,500

604.9

45.09

Existence of adjustment from the most recently announced forecast of business results: Yes

Please refer to the “Notice of Adjustment of Forecast of Business Results for a Full-year and Adjustment of Dividend Forecast” which was disclosed asof this day (October 29, 2020).

* Notes(1) Changes in material subsidiaries during the current consolidated cumulative period (changes in specified
subsidiaries accompanying changes in scope of consolidation): None
New: --- (Company Name:)
Exclusion: --- (Company Name:)(2) Application of accounting particular to preparation of quarterly consolidated financial statements: Yes(3) Changes in accounting policy, changes in accounting estimates and restatement
1) Changes in accounting policy in connection with the amendment of accounting standards, etc.: None
2) Changes in accounting policy other than 1) above:None3) Changes in accounting estimate:None4) Restatement:
None(4) Number of outstanding shares (common stocks)
1) Number of outstanding shares at
2Q of Fiscal Yearthe end of year (including treasury Ending March 31,
2021:
stocks):2Q of Fiscal Year
2) Number of treasury stocks at theEnding March 31,
end of year:
2021:
3) Average number of shares during
the year (cumulative quarter)

2Q of Fiscal YearEnding March 31,
2021:

36,402,424 sharesFiscal Year Ended
March 31, 2020:

36,381,524 shares

3,136,029

sharesFiscal Year Ended
March 31, 2020:

3,135,830 shares

33,251,980 shares

2Q of Fiscal Year
Ended March 31,
2020:

36,032,251 shares* The quarterly closing announcement is not subject to quarterly review by a certified public accountant or an audit
corporation.
* Explanation about Appropriate Use of the Forecast of Business Results and other Matters to be Noted
Description regarding the future such as the forecast of business results stated in this material is based on information which theCompany has currently obtained and certain assumptions that the Company determines to be reasonable, although actual results may
significantly differ from the forecast depending on various factors.

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

Contents of Attached Materials
1. Qualitative Information concerning Current Quarterly Closing Announcement(1) Explanation about Business Results(2) Explanation about Financial Conditions(3) Explanation about Future Forecast Information,
including Forecast of Consolidated Business Results
2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheet(2) Quarterly Consolidated Profit and Loss Statement
and Consolidated Statement of Comprehensive Income
Quarterly Consolidated Profit and Loss Statement
Consolidated Cumulative Second Quarter
Quarterly Consolidated Statement of Comprehensive Income
Consolidated Cumulative Second Quarter(3) Quarterly Consolidated Cash Flow Statement(4) Notes to Quarterly Consolidated Financial Statements(Notes to Assumptions on a Going Concern)(Explanatory Note in Case of Significant Changes in the Amount of Shareholders’ Equity)(Application of Accounting Particular to Preparationof Quarterly Consolidated Financial Statements)(Additional Information)(Segment Information, etc.)(Important Events after Closing the Accounts)

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3
3
4
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6
7
8
10
10
10
10
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11

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

1. Qualitative Information concerning Current Quarterly Closing Announcement(1) Explanation about Business Results
The Japanese economy in the current consolidated cumulative second quarter suffered from very severe
conditions due to economic stagnation as a result of the novel coronavirus (COVID-19). In addition, theoutlook remains uncertain due to concerns that the impact on the economy will be prolonged and theuncertainty surrounding the prospects of containing the novel coronavirus COVID-19 pandemic.
Under such circumstances, as for the impact from the spread of the COVID-19 pandemic on the
Company Group (the Company, consolidated subsidiaries and companies to which the equity method isapplied), the impact was negligible on the electronic materials segment, but the industrial application
structural materials, electric insulation materials and display materials segments were significantly
impacted. As a result, for the current consolidated cumulative second quarter, sales were ¥22,203 million(a decrease of 1.8% as compared with the same period in the previous year). For profit and loss, operating
profit was ¥1,375 million (an increase of 4.1% as compared with the same period in the previous year),ordinary profit was ¥1,347 million (a decrease of 6.4% as compared with the same period in the previousyear) and quarterly net profit attributable to owners of the parent was ¥853 million (net loss of ¥894
million in the same period in the previous year).
Business results of each segment were as follows.
(Electronic materials)
Due to an increase in sales of flexible printed circuit board materials and rigid printed circuit board
materials, sales were ¥14,915 million, an increase of ¥462 million as compared with the same period in
the previous year (3.2% as compared with the same period in the previous year). Segment profit was¥1,337 million, an increase of ¥227 million as compared with the same period in the previous year (20.4%
as compared with the same period in the previous year) due to the improvement in the profitability ofrigid printed circuit board materials by Satosen Co., Ltd., etc.
(Industrial application structural materials)
Although sales of aircraft materials and pressure vessels for water treatment decreased, due to sales of
new automotive products, sales were ¥4,343 million, a slight increase of ¥8 million as compared with thesame period in the previous year (0.2% as compared with the same period in the previous year). Segment
profit was ¥476 million, a decrease of ¥145 million as compared with the same period in the previous year(▲23.4% as compared with the same period in the previous year) due to a decrease in sales of aircraftmaterials and pressure vessels for water treatment.
(Electric insulation materials)
Due to a decrease in sales of electric insulation materials for heavy electric machinery, sales were
¥1,156 million, a decrease of ¥396 million as compared with the same period in the previous year(▲25.5% as compared with the same period in the previous year). In connection with a decrease in sales,
segment profit was ¥67 million, a decrease of ¥105 million as compared with the same period in theprevious year (▲60.9% as compared with the same period in the previous year).
(Display materials)
Due to a decrease in sales of display materials as a whole, sales were ¥1,333 million, a decrease of ¥534
million as compared with the same period in the previous year (▲28.6% as compared with the same
period in the previous year). In connection with a decrease in sales, segment profit was ¥51 million, adecrease of ¥98 million as compared with the same period in the previous year (▲65.8% as compared-2-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

with the same period in the previous year).
(Other)Sales were ¥454 million, an increase of ¥63 million as compared with the same period in the previous
year.
(2) Explanation about Financial Conditions
Total assets at the end of the current consolidated second quarter were ¥69,153 million, a decrease of¥2,555 million as compared with the end of the previous consolidated fiscal year. This was mainly due toa decrease in cash and deposits of ¥3,674 million. Liabilities were ¥19,978 million, a decrease of ¥2,712
million as compared with the end of the previous consolidated fiscal year. This was mainly due to adecrease in corporate income tax, etc., payable of ¥2,958 million. Net assets were ¥49,174 million, an
increase of ¥156 million as compared with the end of the previous consolidated fiscal year. This was
mainly due to an increase in valuation difference on other securities of ¥533 million.
(3) Explanation about Future Forecast Information, including Forecast of Consolidated Business Results
As for the forecast of business results for the full-year of the fiscal year ending March 31, 2021, wedisclosed the business results within a certain range as of April 30, 2020, in consideration of the impact
from the COVID-19 pandemic.
At present, uncertainty regarding the containment of the COVID-19 pandemic will continue for theforeseeable future, but based on the business results in the current second quarter cumulative period, we
expect operating profit, ordinary profit and net profit attributable to owners of the parent will exceed thethose of the previously announced forecast due to the improvement in the profitability of subsidiaries andthe affiliated companies to which the equity method is applied.

Adjustment of forecast of consolidated business results for the full-year of the fiscal year ending March 31,
2021(From April 1, 2020 to March 31, 2021)
Sales(millionyen)

Operatingprofit(millionyen)

Ordinary
profit(millionyen)

Net profit
attributable toowners of theparent(million yen)

Net profit
per share(yen)

42,300

1,450

1,650

900

27.07

to 46,100

to 2,100

to 2,300

to 1,350

to 40.61

This forecast adjustment (B)45,300

2,400

2,600

1,500

45.09

Increase or decrease (B-A)

3,000
to ▲800

950
to 300950
to 300600
to 150

Increase or decrease ratio (%)

7.1
to ▲1.7

65.5
to 14.3

57.6
to 13.0

66.7
to 11.1

45,970

2,762

2,783

212

Previously announced forecast (A)(Reference) Results of the previous year
(Fiscal Year Ended March 31, 2020)

6.14(Note) The above forecast of business results are based on information currently obtained by the Company
and certain assumptions determined to be reasonable, although actual results may vary significantly dependingon various factors in the future.

-3-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

2. Quarterly Consolidated Financial Statements and Major Notes(1) Quarterly Consolidated Balance Sheet(Unit: thousand yen)Previous Consolidated
Fiscal Year(As of March 31, 2020)
AssetsCurrent Assets
Cash and deposits
Notes and accounts receivable
Securities
Merchandise and finished goods
Work-in-progress
Raw materials and stores
Other
Allowance for doubtful accounts
Total Current Assets
Fixed Assets
Tangible fixed assets
Intangible fixed assets
Investments and other assets
Investment securities
Other
Allowance for doubtful accounts
Total investments and other assets
Total Fixed Assets
Total Assets-4-

Current Consolidated
Second Quarter(As of September 30, 2020)

14,714,069
17,697,085
1,558,445
3,083,432
2,017,729
3,177,428
1,059,764△585,049
42,722,906

11,040,030
17,010,310
2,194,722
3,675,784
2,130,366
3,469,053
643,222△134,435
40,029,054

12,925,137
225,017

13,387,794
234,969

14,207,192
1,766,893△137,662
15,836,423
28,986,578
71,709,484

14,378,051
1,276,271△152,503
15,501,820
29,124,583
69,153,638

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021
(Unit: thousand yen)Previous Consolidated
Fiscal Year(As of March 31, 2020)
Liabilities
Current Liabilities
Notes and accounts payable
Bonds to be redeemed within a year
Short-term borrowings
Current portion of long-term borrowings
Corporate income tax, etc., payable
Reserve for bonuses
Reserve for officers’ bonuses
Other
Total Current Liabilities
Fixed Liabilities
Bonds payable
Long-term borrowings
Net defined benefit liabilities
Asset retirement obligations
Other
Total Fixed Liabilities
Total Liabilities
Net Assets
Shareholders’ equity
CapitalCapital surplus
Earned surplus
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on other securities
Deferred hedge profit or loss
Foreign currency translation adjustments
Accumulated adjustment for retirement benefits
Total accumulated other comprehensive income
Stock acquisition rights
Non-controlling interest
Total Net Assets
Total Liabilities and Net Assets-5-

Current Consolidated
Second Quarter(As of September 30, 2020)

6,916,079
36,8004,866,202
187,669
3,428,200
570,517
4,793
2,415,558
18,425,820

6,843,080
36,8004,741,818
183,379
469,347
527,494
2,250
2,778,264
15,582,434

91,2002,567,816
738,606
92,310775,563
4,265,495
22,691,316

72,8002,775,074
720,72191,941
735,889
4,396,427
19,978,861

7,594,026
6,706,017
34,256,590△3,204,797
45,351,837

7,601,353
6,713,344
34,112,885△3,204,971
45,222,612

448,970△1,311
478,798△141,260
785,197
166,148
2,714,984
49,018,167
71,709,484

982,729
1,976
349,613△104,788
1,229,530
166,8812,555,752
49,174,776
69,153,638

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021
(2) Quarterly Consolidated Profit and Loss Statement and Consolidated Statement of Comprehensive Income(Quarterly Consolidated Profit and Loss Statement)(Consolidated Cumulative Second Quarter)(Unit: thousand yen)

Sales
Cost of Goods Sold
Gross Profit on Sales
Selling, General and Administrative Expenses
Operating Profit
Non-operating Income
Interest income
Dividend income
Other
Total Non-operating Income
Non-operating Expenses
Interest expenses
Foreign currency exchange loss
Other
Total Non-operating Expenses
Ordinary Profit
Extraordinary Profits
Profit on reversal of stock acquisition rights
Total Extraordinary Profits
Extraordinary Losses
Loss on retirement of fixed assets
Valuation loss on investment securities
Other
Total Extraordinary Losses
Net profit before taxes, etc.
Corporate income tax, etc.
Net profit or net loss (△)
Net profit attributable to non-controlling interests
Net profit attributable to owners of the parent or net loss
attributable to owners of the parent (△)

Previous Consolidated
Cumulative Second Quarter(From April 1, 2019
to September 30, 2019)
22,599,910
18,771,640
3,828,270
2,506,776
1,321,493

Current Consolidated
Cumulative Second Quarter(From April 1, 2020
to September 30, 2020)
22,203,695
18,486,327
3,717,368
2,342,126
1,375,241

155,386
56,811
154,975
367,172

148,698
50,910145,204
344,812

47,11643,443
157,603
248,163
1,440,502

54,147
166,895
151,313372,355
1,347,698

14,22914,22926,431
26,431

5,146
9,287
2,894
17,3281,437,402
2,202,543△765,140
128,9736,793----6,793
1,367,336
411,729955,607
101,942△894,114

853,665-6-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021
(Quarterly Consolidated Statement of Comprehensive Income)(Consolidated Cumulative Second Quarter)(Unit: thousand yen)

Net profit or net loss (△)
Other comprehensive income
Valuation difference on other securities
Deferred hedge profit or loss
Foreign currency translation adjustments
Adjustment for retirement benefits
Share of other comprehensive income ofcompanies to which equity method is applied
Total other comprehensive income
Comprehensive income(Breakdown)Comprehensive income attributable to owners of
the parent
Comprehensive income attributable to noncontrolling interests

Previous Consolidated
Cumulative Second Quarter(From April 1, 2019
to September 30, 2019)△765,140

Current Consolidated
Cumulative Second Quarter(From April 1, 2020
to September 30, 2020)
955,607△91,6211,277△258,975
17,126

533,739
3,287△237,964
36,471△98,834△431,026△1,196,167

568
336,103
1,291,711△1,229,181

1,297,997

33,014△6,286-7-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021
(3) Quarterly Consolidated Cash Flow Statement(Unit: thousand yen)Previous Consolidated
Cumulative Second Quarter(From April 1, 2019
to September 30, 2019)
Cash flow from operating activities
Net profit before taxes, etc.
Depreciation expense
Amortization of goodwill
Stock compensation expenses
Profit on reversal of stock acquisition rights
Increase/decrease in allowance for doubtful
accounts (△: decrease)
Increase/decrease in reserve for bonuses(△: decrease)
Increase/decrease in provision for productwarranties (△: decrease)
Increase/decrease in reserve for officers’ bonuses(△: decrease)
Increase/decrease in net defined benefit liabilities(△: decrease)
Profit/loss on redemption of investment securities(△: profit)
Interest and dividend income
Interest expenses
Foreign currency exchange profit/loss (△: profit)
Investment profit/loss by equity method (△: profit)
Profit/loss on sale of securities and investment
securities (△: profit)
Valuation profit/loss on investment securities(△: profit)
Profit/loss on liquidation of affiliated companies(△: profit)
Profit/loss on sale of fixed assets (△: profit)
Loss on retirement of tangible fixed assets
Increase/decrease in accounts receivable(△: increase)
Increase/decrease in inventories (△: increase)
Increase/decrease in trades payable (△: decrease)
Increase/decrease in consumption tax, etc., payable(△: decrease)
Increase/decrease in other assets (△: increase)
Increase/decrease in other liabilities (△: decrease)
SubtotalInterest and dividends received
Interest paid
Corporate income tax, etc., paid
Cash flow from operating activities-8-

Current Consolidated
Cumulative Second Quarter(From April 1, 2020
to September 30, 2020)

1,437,402
961,595
29,241
26,820△14,229

1,367,336
1,001,911△24,410

13,859128,076△43,02239△1△1,041△2,54337,707

34,59240,413△212,197
47,116
26,894
16,672

24,209△199,608
54,14786,00439,991

2,894

---

9,287

---

750
△63
1,359

----712△368,380
254,274
83,394696,277△991,765△77,199

78,096△287,353△124,340
2,150,019
309,747△45,422△195,569
2,218,775△222,039△193,353
32,2591,627,729
215,039△90,224△3,233,587△1,481,043--32,393△26,431

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021
(Unit: thousand yen)Previous Consolidated
Cumulative Second Quarter(From April 1, 2019
to September 30, 2019)
Cash flow from investing activities
Expenditure for placement in term deposits
Revenue from refund of term deposits
Expenditure for acquisition of securities
Revenue from sale of securities
Expenditure for acquisition of tangible fixed assets
Expenditure for acquisition of intangible fixed
assetsExpenditure for acquisition of investment
securities
Revenue from sale of investment securities
Expenditure for lending
Revenue from collection of loans
Increase/decrease in investments and other assets(△: increase)
Cash flow from investing activities
Cash flow from financing activities
Net increase/decrease in short-term borrowings(△: decrease)
Revenue from long-term borrowings
Expenditure for repayment of long-term borrowings
Expenditure for repayment of lease liabilities
Expenditure for redemption of bonds
Expenditure for repayment of long-term accrued
amountProceeds from stocks issued
Expenditure for acquisition of treasury stock
Dividends paid
Dividends paid to non-controlling interests
Cash flow from financing activities
Translation differences in cash and cash equivalents
Increase/decrease in cash and cash equivalents(△: decrease)
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of quarter

Current Consolidated
Cumulative Second Quarter(From April 1, 2020
to September 30, 2020)△106,000△1,294,806△478,489
200,000△900,000
900,000△788,318△50,250△36,720△194,899
380,7248,510△497,421
458,033△19,000
4,510

8,109
△1,248,612

2,571△1,154,833

3,495,808
994,000△1,147,154△10,063△18,400△141,144
593,706△384,452△32,815△18,400△57,586
48,306△2,285,268△1,083,648△166,575△230,582△80,727△52,988
12,360△173△992,745△155,966△1,172,618△66,199

658,853
7,718,682
8,377,536△3,874,695
14,725,985
10,851,289-----------9-

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

(4) Notes to Quarterly Consolidated Financial Statements(Notes to Assumptions on a Going Concern)
No applicable matter.
(Explanatory Note in Case of Significant Changes in the Amount of Shareholders’ Equity)
No applicable matter.
(Application of Accounting Particular to Preparation of Quarterly Consolidated Financial Statements)(Calculation of tax expenses)
For tax expenses, the effective tax rate is reasonably estimated after application of tax effect accounting fornet profit before taxes in the consolidated fiscal year including the current consolidated second quarter and these
are calculated by multiplying the quarterly net profit before taxes by the estimated effective tax rate.
(Additional Information)(Accounting Estimate)
There was no material change in the assumptions, including the timing of the convergence of the novel
coronavirus infections, etc., and accounting estimates, which were stated in the Financial Report for the previous
fiscal year.
(Segment Information, etc.)[Segment Information]
I Previous consolidated cumulative second quarter (From April 1, 2019 to September 30, 2019)
1. Information about the amount of sales and profit/loss by reportable segment(Unit: thousand yen)

Electronicmaterials

Reportable segment
Industrial
Electric
application
Display
insulation
structural
materials
materials
materials

Total

Other
(Note 1)

Total

Sales
Sales to external customers
Intersegment sales ortransfers
Total
Segment profit

14,453,033

4,334,451

1,553,213

---

---

---

14,453,033

4,334,451

1,553,213

1,110,657

621,995

173,715

1,867,634 22,208,333
---

---

1,867,634 22,208,333
150,172

2,056,540

391,577

22,599,910

389,894

389,894

781,471

22,989,804

108,274

2,164,814(Note) The category “Other” means business segments which are not included in the reportable segments andincludes related goods sales, logistics related businesses and other businesses, etc.
2. Difference between the total amount of profit/loss of reportable segments and the amount shown in thequarterly consolidated profit and loss statement and major details for the difference (matters concerning
difference adjustment)(Unit: thousand yen)
ProfitAmountTotal of reportable segments

2,056,540

Profit in category “Other”

108,274

Elimination of intersegment transactions△40,173

Amortization of goodwill△29,241

Expenses of entire company (Note)△747,694

Adjustment of inventories△26,212

Operating profit in quarterly consolidated profit and loss
statement

1,321,493(Note) Expenses of the entire company are mainly general and administrative expenses not
attributable to reportable segments.
3. Information about loss on impairment of fixed assets or goodwill, etc., by reportable segment
No applicable matter.
- 10 -

Arisawa Mfg. Co., Ltd. (5208) Closing Announcement of the Second Quarter of the Fiscal Year Ending March 31, 2021

II Current consolidated cumulative second quarter (From April 1, 2020 to September 30, 2020)
1. Information about the amount of sales and profit/loss by reportable segment(Unit: thousand yen)

Electronicmaterials

Reportable segment
Industrial
Electric
application
Display
insulation
structural
materials
materials
materials

Other(Note)

Total

Total

Sales
Sales to external customers
Intersegment sales ortransfers
Total
Segment profit

14,915,327

4,343,397

1,156,852

---

---

---

14,915,327

4,343,397

1,156,852

1,337,718

476,594

67,945

1,333,137 21,748,714
---

---

1,333,137 21,748,714
51,407

1,933,666

454,981

22,203,695

417,951

417,951

872,932

22,621,646

134,753

2,068,419(Note) The category “Other” means business segments which are not included in the reportable segments andincludes related goods sales, logistics related businesses and other businesses, etc.
2. Difference between the total amount of profit/loss of reportable segments and the amount shown in thequarterly consolidated profit and loss statement and major details for the difference (matters concerning
difference adjustment)(Unit: thousand yen)
ProfitAmountTotal of reportable segments

1,933,666

Profit in category “Other”

134,753

Elimination of intersegment transactions

49

Expenses of entire company (Note)△666,686

Adjustment of inventories△26,540

Operating profit in quarterly consolidated profit and loss
statement

1,375,241(Note) Expenses of the entire company are mainly general and administrative expenses not
attributable to reportable segments.
3. Information about loss on impairment of fixed assets or goodwill, etc., by reportable segment
No applicable matter.
(Important Events after Closing the Accounts)
No applicable matter.

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