Arakawa Chemical Industries, Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2024
May 11, 2023 at 02:30 am EDT
Share
Arakawa Chemical Industries, Ltd. provided consolidated earnings guidance for the first half and full year ending March 31, 2024. For the first half, the company expects Net sales of JPY 40,000 million, Operating loss of JPY 2,000 million, Loss attributable to owners of parent was JPY 1,800 million and Basic loss per share was JPY 90.73.
For the full year, the company expects Net sales of JPY 83,000 million, Operating loss of JPY 1,800 million, Loss attributable to owners of parent was JPY 1,800 million and Basic loss per share was JPY 90.73.
ARAKAWA CHEMICAL INDUSTRIES, LTD. is a Japan-based company principally engaged in the manufacture and sale of intermediate materials for papermaking chemicals, printing ink resins, adhesive resins and electronic materials. The Company has four business segments. Papermaking Chemicals segmentâs main products include sizing agents, paper strength enhancers and coated paper chemicals. Coating segmentâs main products include printing ink resins, paint resins, synthetic rubber polymerization emulsifiers and photocurable resins. Adhesive segmentâs main products include adhesive resins and ultra-light rosin. Functional Materials segmentâs main products include compounded products for electronic materials, functional fine chemical products, precision abrasives, precision parts cleaners and cleaning equipment. The Company is also involved in non-life insurance and real estate brokerage business.
ARAKAWA CHEMICAL INDUSTRIES, LTD. 
