Business Performance Forecast

Consolidated Results Forecasts

（Billions of yen）

The Group revised its foreign exchange rate forecasts on the appreciation of the yen, while sales of electronics materials, inorganic chemicals and other semiconductor-related materials fell short of expectations due to slower-than-estimated recovery in demand for these offerings. Accordingly, the Group anticipates that net sales will fall short of previous forecasts. However, the engineering plastics business has been benefitting from improvement in profitability, while the Group saw reductions in general and administrative expenses. In addition, sales of optical polymer for smartphone use remained strong. Taking these and other factors into account, the Group expects operating profit and ordinary profit to exceed the previous forecasts.

The above forecasts assume exchange rates of ¥145=$1 (an appreciation of \5 from the previous forecast) and \155=€1 (an appreciation of \5 from the previous forecast) for the remaining months of the fiscal year.

Forecast by Segment

（Billions of yen）