■ FY2023 Q1 Review by consolidated basis □ FY2023 Forecast by consolidated basis □ Appendix
2/21
■ 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
3/21
■ 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
4/21
■ 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
5/21
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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.
Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.