Arakawa Chemical Industries, Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expected net sales of JPY 40,000 million, operating loss of JPY 2,000 million, loss attributable to owners of parent of JPY 1,800 million and basic loss per share of JPY 90.73.

For the full year, the company expected net sales of JPY 83,000 million, operating loss of JPY 1,800 million, loss attributable to owners of parent of JPY 1,800 million and basic loss per share of JPY 90.73.