ARE Holdings, Inc. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was JPY 66,523 million compared to JPY 59,749 million a year ago. Net income was JPY 2,396 million compared to JPY 4,268 million a year ago.

Basic earnings per share from continuing operations was JPY 31.26 compared to JPY 54.27 a year ago. Diluted earnings per share from continuing operations was JPY 28.56 compared to JPY 49.11 a year ago.