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.) | |||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable | |||||||
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 share | per share | equity | to total assets | to net sales | |
Fiscal year ended | Yen | Yen | % | % | % |
March 31, 2024 | (52.56) | - | (1.9) | (2.0) | (3.6) |
March 31, 2023 | (249.08) | - | (8.7) | (2.3) | (3.7) |
(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 | Equity ratio | Net assets per share | ||||||||||||||||||||
Millions of yen | Millions | of yen | % | Yen | |||||||||||||||||||
As of March 31, 2024 | 125,418 | 56,918 | 44.8 | 2,829.54 | |||||||||||||||||||
As of March 31, 2023 | 119,035 | 56,509 | 45.4 | 2,726.08 | |||||||||||||||||||
(Reference) Equity: As of March 31, 2024: ¥ 56,134 million | |||||||||||||||||||||||
As of March 31, 2023: ¥ 54,082 million | |||||||||||||||||||||||
(3) Consolidated Cash Flows | |||||||||||||||||||||||
Cash flows from | Cash flows from | Cash flows from | Cash and cash | ||||||||||||||||||||
equivalents | |||||||||||||||||||||||
operating activities | investing activities | financing activities | |||||||||||||||||||||
at end of period | |||||||||||||||||||||||
Fiscal year ended | Millions of yen | Millions of yen | Millions of yen | Millions of yen | |||||||||||||||||||
March 31, 2024 | 1,157 | (7,140) | 5,484 | 9,164 | |||||||||||||||||||
March 31, 2023 | (575) | (6,046) | 6,666 | 9,286 | |||||||||||||||||||
2. Dividends | |||||||||||||||||||||||
Annual dividends | Total | Ratio of | |||||||||||||||||||||
Payout ratio | dividends to | ||||||||||||||||||||||
1st | 2nd | 3rd | Year- | dividends | |||||||||||||||||||
quarter | quarter | quarter | Total | (consolidated) | net assets | ||||||||||||||||||
end | (annual) | ||||||||||||||||||||||
-end | -end | -end | (consolidated) | ||||||||||||||||||||
Yen | Yen | Yen | Yen | Yen | Millions of yen | % | % | ||||||||||||||||
Fiscal year ended | - | 24.00 | - | 24.00 | 48.00 | 952 | - | 1.7 | |||||||||||||||
March 31, 2023 | |||||||||||||||||||||||
Fiscal year ended | - | 24.00 | - | 24.00 | 48.00 | 952 | - | 1.7 | |||||||||||||||
March 31, 2024 | |||||||||||||||||||||||
Fiscal year ending | |||||||||||||||||||||||
March 31, 2025 | - | 24.00 | - | 24.00 | 48.00 | 52.9 | |||||||||||||||||
(Forecast) |
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.)
Profit | Basic earnings | ||||||||
Net sales | Operating profit | Ordinary profit | attributable to | ||||||
per share | |||||||||
owners of parent | |||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
First half | 40,000 | 15.4 | 700 | - | 500 | - | 1,400 | - | 70.57 |
(cumulative) | |||||||||
Full year | 82,000 | 13.5 | 2,000 | - | 1,500 | - | 1,800 | - | 90.73 |
* Notes:
-
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) - Changes in accounting policies, changes in accounting estimates and retrospective restatement
- Changes in accounting policies due to the revision of accounting standards and other regulations: None
- Changes in accounting policies other than 1) above: None
- Changes in accounting estimates: None
- Retrospective restatement: None
- Total number of issued shares (common shares)
- 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 shares |
2) 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: | 19,838,881 shares |
Fiscal year ended March 31, 2023: | 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 | Profit | ||||||||
Fiscal year ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||
March 31, 2024 | 46,021 | (4.3) | (373) | - | 1,585 | 151.9 | (673) | - | |||
March 31, 2023 | 48,080 | 0.4 | (1,246) | - | 629 | (78.2) | (5,654) | - | |||
Basic earnings | Diluted earnings | ||||||||||
per share | per share | ||||||||||
Fiscal year ended | Yen | Yen | |||||||||
March 31, 2024 | (33.95) | - | |||||||||
March 31, 2023 | (285.04) | - | |||||||||
(2) Non-consolidated Financial Position
Total assets | Net assets | Equity ratio | Net assets per share | |
Millions of yen | Millions of yen | % | Yen | |
As of March 31, 2024 | 99,641 | 43,733 | 43.9 | 2,204.45 |
As of March 31, 2023 | 88,930 | 43,160 | 48.5 | 2,175.56 |
(Reference) Equity: As of March 31, 2024: ¥43,733 million As of March 31, 2023: ¥43,160 million
- 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 from these statements due to various factors.
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Arakawa Chemical Industries Ltd. published this content on 14 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2024 09:49:03 UTC.