Securities Code 5208 https://www.arisawa.co.jp

FY2023 Overview in Q1

Arisawa Mfg.Co.,Ltd

Aug. 3rd, 2023

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Contents

■ FY2023 Q1 Review by consolidated basis □ FY2023 Forecast by consolidated basis □ Appendix

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FY2023 1Q Consolidated Performance

(unit: Million Yen)

FY2022

FY2023

vs.

Q1 result

Q1 result

Prev. year

Sales

11,321

9,494

-16.1%

Operating Profit

705

-247

--

Operating Margin

6.2%

-2.6%

-8.8%

Ordinary Profit

1,177

-172

--

Net Profit

1,167

-201

--

Earnings per share (Yen)

35.11

-6.10

--

Dividend (Yen)

0

0

--

Exchange rate (Yen / $)

116.34

132.42

average for the period

--

at end of period

136.38

144.99

FY2023 Q1 Review

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Highlights of FY2023 Q1 Consolidated Performance

・Consolidated sales decreased by 16.1% YoY due to decreases in those of electronic materials and display materials despite increases in those of industrial structural materials.

In terms of profit and loss, operating loss was reported due to soaring prices of energy and raw materials in addition to the impact of decreases in sales.

・Sales of electronic materials decreased by 30.4% YoY due to delay in the market recovery of mobile device and semiconductor application.

・Sales of industrial structural materials increased by 51.8% YoY due to continued strong sales of FRP pressure vessel for water purification and a recovery trend in honey-comb panels for aircraft.

・Sales of display materials decreased by 30.0% YoY due to decreases in those of 3D- related materials and polarization control optical components.

・Ordinary loss was reported due to a decrease in foreign exchange gains compared to the same period of the previous year in addition to a decrease in operating profit.

・In addition, net loss was reported due to a decrease in gains on the sale of securities compared to the same period of the previous year.

FY2023 Q1 Review

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FY2023 Q1 Segment Comparison (vs. FY2022 Q1)

Sales (Million Yen)

11,321

88

9,494

1,093

626

83

1,748

766

583

2,654

7,766

5,408

FY2022

FY2023

FY2023 Q1 Review

Operating Profit (Million Yen)

Related materials, others

Display materials

Electrical insulating materials

Industrial structural materials

Electronic materials

(Segment Profit)

47

(Corporate Expenses)

263

442

705

82

40

(Segment Profit)

715

49

(Corporate Expenses)

126

16

240

-260

418

-247

FY2022FY2023

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Arisawa Mfg Co. Ltd. published this content on 17 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2023 04:31:02 UTC.