Consolidated Financial Results Highlights
for the Second Quarter of the Fiscal Year ending March 31, 2024
[Japanese GAAP]
October 31, 2023
Company Name: HARIMA CHEMICALS GROUP, INC.
Code Number: 4410 (URL www.harima.co.jp)
Stock Exchange Listing: Tokyo Stock Exchange
Representative: Yoshihiro Hasegawa, President
Contact: Kiyotaka Uetsuji, Managing Director, Accounting Section Director
Phone: +81-6-6201-2461
Scheduled submission date of the Quarterly Securities Report: November 7, 2023
Scheduled date to commence dividend payments: December 4, 2023
Availability of supplementary briefing material on quarterly results: Available
Schedule of quarterly results briefing session: Not scheduled
(Figures are rounded down to the nearest million yen)
1. Consolidated Financial Results for the Second Quarter of the Year Ending March 31, 2024 (From April 1, 2023 to September 30, 2023)
(1) Consolidated Results of Operations (Cumulative) | (% indicates changes from the same period of the previous year) | |||||||
Net income attributable to | ||||||||
Net sales | Operating income | Ordinary income | Harima Chemicals | |||||
Group,INC. | ||||||||
Second Quarter ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % |
September 30, 2023 | 45,272 | (3.5) | (607) | - | (304) | - | (406) | - |
September 30, 2022 | 46,897 | 29.0 | 2,199 | 12.9 | 2,796 | 37.6 | 1,491 | 19.1 |
(Note) Comprehensive income: Second quarter ended September 30, 2024: | 1,754 million yen [ (62.4)%] | |||
Second quarter ended September 30, 2023: | 4,660 million yen [ 63.3%] | |||
Net income per share | Fully diluted net income | |||
per share | ||||
Second Quarter ended | Yen | Yen | ||
September 30, 2023 | (16.79) | - | ||
September 30, 2022 | 59.52 | - |
(2) Consolidated Financial Position
Total assets | Net assets | Equity ratio | |
Millions of yen | Millions of yen | % | |
Second Quarter ended | 100,506 | 41,610 | 37.9 |
September 30, 2023 | |||
Fiscal year ended | 92,439 | 40,820 | 40.1 |
March 31, 2023 | |||
(Reference) Equity: The second quarter of Fiscal year ending March 31, 2024: 38,103 million yen, | |||
Fiscal year ended March 31, 2023: 37,102 million yen |
2. Dividends
Annual dividend | |||||||
1Q | 2Q | 3Q | Year end | Total | |||
Yen | Yen | Yen | Yen | Yen | |||
Fiscal year ended | 21.00 | - | 21.00 | 42.00 | |||
March 31, 2023 | - | ||||||
Fiscal year ending | 21.00 | ||||||
March 31, 2024 | - | ||||||
Fiscal year ending | |||||||
March 31, 2024 | - | 21.00 | 42.00 | ||||
(Forecast) |
(Note) Changes in forecasts of dividends from recently announced figures: None
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3. Forecast of Consolidated Financial Results for Fiscal Year Ending March 31, 2023(From April 1, 2023 to March 31, 2024)
(% indicates | changes from the same period | of the | previous year) | |||||||
Net income attributable | Net income | |||||||||
Net sales | Operating income | Ordinary income | to Harima Chemicals | |||||||
per share | ||||||||||
Group,INC. | ||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | ||
Full year | 91,000 | (3.7) | (1,400) | - | (1,300) | - | (1,450) | - | (59.83) | |
(Note) Changes in forecasts of financial results from recently announced figures: None |
4. Others
(1) Significant changes of subsidiaries during period under review (affecting specific subsidiaries due to
changes in scope of consolidation): None | ||
Newly included: 0 (Company name: | ) Excluded: 0 (Company name: | ) |
- Application of special accounting method for the preparation of quarterly consolidated financial statements: None
- Changes in accounting policies, changes in accounting estimates and corrections of errors
- Changes in accounting policies accompanying the revisions to items such as accounting standards: None
- Changes in accounting policies other than (1) above: None
- Changes in accounting estimates: None
- Corrections of errors: None
- Number of shares issued (common stock)
- Total number of shares issued at the end of the period (including treasury stock)
2Q of fiscal year ending March 31, 2024 | 26,080,396 shares | ||
Fiscal year ended March 31, 2023 | 26,080,396 shares | ||
(2) | Total number of treasury stock at the end of the period | ||
2Q of fiscal year ending March 31, 2024 | 1,846,843 shares | ||
Fiscal year ended March 31, 2023 | 1,878,064 shares | ||
(3) | Average number of shares during the period (cumulative from the beginning of the fiscal year) | ||
2Q of fiscal year ending March 31, 2024 | 24,215,727 shares | ||
2Q of fiscal year ended March 31, 2023 | 25,063,997 shares | ||
This summary of consolidated financial results is not subject to audit procedure.
* Explanation for the appropriate use of performance forecasts and other special notes:
The performance forecasts and other forward-looking statements herein are based on information currently available to the Company and certain preconditions which the Company believes to be reasonable. Actual results may differ significantly from these forecasts due to a wide range of factors.
* Regarding the change in disclosure unit of the amounts:
Amounts of accounts and other items in the Company's consolidated financial statements used to be stated in units of thousands of yen, but from this first quarter of the consolidated cumulative period, they have been stated in units of millions of yen. For easy comparison, figures for the second quarter of the previous fiscal year have also been changed to units of millions of yen.
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Segment Information
- Six months ended September 30, 2022 (April 1, 2022 to September 30, 2022) Information regarding net sales and income or loss by reporting segment
(Millions of yen)
Reporting segment | |||||
Resin & Tall Oil | Paper Chemicals | Electronics | Lawter | Subtotal | |
Products | Materials | ||||
Net sales | |||||
Net sales to external | 9,343 | 12,170 | 3,780 | 20,463 | 45,758 |
customers | |||||
Intersegment sales or | 134 | 122 | - | 712 | 968 |
transfers | |||||
Total | 9,477 | 12,292 | 3,780 | 21,176 | 46,727 |
Segment income(loss) | (111) | 856 | 159 | 1,616 | 2,521 |
Others | Adjustment | Amount in consolidated | |
Total | statement of income | ||
(Note 1) | (Note 2) | ||
(Note 3) | |||
Net sales
Net sales to external | 1,065 | 46,824 | 73 | 46,897 |
customers | ||||
Intersegment sales or | 89 | 1,057 | (1,057) | - |
transfers | ||||
Total | 1,154 | 47,881 | (984) | 46,897 |
Segment income(loss) | (22) | 2,498 | (299) | 2,199 |
- Six months ended September 30, 2023 (April 1, 2023 to September 30, 2023) Information regarding net sales and income or loss by reporting segment
(Millions of yen)
Reporting segment | |||||
Resin & Tall Oil | Paper Chemicals | Electronics | Lawter | Subtotal | |
Products | Materials | ||||
Net sales | |||||
Net sales to external | 10,438 | 11,613 | 5,562 | 15,809 | 43,424 |
customers | |||||
Intersegment sales or | 353 | - | - | 421 | 774 |
transfers | |||||
Total | 10,792 | 11,613 | 5,562 | 16,230 | 44,199 |
Segment income(loss) | 25 | 643 | 223 | (1,158) | (265) |
Others | Adjustment | Amount in consolidated | |
Total | statement of income | ||
(Note 1) | (Note 2) | ||
(Note 3) | |||
Net sales
Net sales to external | 1,862 | 45,286 | (14) | 45,272 |
customers | ||||
Intersegment sales or | 112 | 887 | (887) | - |
transfers | ||||
Total | 1,975 | 46,174 | (902) | 45,272 |
Segment income(loss) | (25) | (290) | (316) | (607) |
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(Notes) 1.The "Others" segment includes businesses not included in the reporting segments and mainly includes "Real estate management."
- The adjustment amount of segment income (loss) includes adjustments for inventories.
- Segment income (loss) is adjusted to reflect operating income (loss) as recorded in the quarterly consolidated statement of income.
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Harima Chemicals Group Inc. published this content on 31 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2023 04:04:10 UTC.