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Notice of Changes to Earnings Forecast
Oct 26, 2010
SEKISUI CHEMICAL CO., LTD
This is to notify you that, in light of recent trends in business results, we have decided to revise the earnings forecast published on July 27, 2010.

1. Revised consolidated cumulative result values predictions for 2nd quarter period from March 2011 (i.e. April 1, 2010 to September 30, 2010)

  Consolidated Sales Consolidated Business Profits Consolidated Ordinary Profits Consolidated Net Profits for the Period Consolidated Net Profits for the Period per Share
Previous Forecast (A) Million yen
446,000
Million yen
17,500
Million yen
16,500
Million yen
6,000
Yen/Sen
11.42
Current Revised Forecast (B) 446,100 20,200 20,500 8,800 16.75
Total (B-A) 100 2,700 4,000 2,800  
Total (%) 0.0 15.4 24.2 46.7  
Reference: Results for Previous 2nd Quarter (2nd quarter March 2010) 405,777 11,511 9,937 1,906 3.63
2. Revised consolidated result values predictions for fiscal 2010 ending March 31, 2011 (i.e. April 1, 2010 to March 31, 2011)

  Consolidated Sales Consolidated Business Profits Consolidated Ordinary Profits Consolidated Net Profits for the Period Consolidated Net Profits for the Period per Share
Previous Forecast (A) Million yen
920,000
Million yen
42,000
Million yen
40,000
Million yen
17,500
Yen/Sen
33.31
Current Revised Forecast (B) 927,000 50,000 48,000 22,000 41.88
Total (B-A) 7,000 8,000 8,000 4,500  
Total (%) 0.8 19.0 20.0 25.7  
Reference: Results for Previous Period (March 2011) 858,514 35,955 31,076 11,627 22.13
3. Reasons for Revision
The Company revised its consolidated forecasts for the 2nd quarter of fiscal 2010, to reflect the first quarter results, which included greater-than-anticipated demand growth for IT-related products in High Performance Plastics Company, as well as growth of new house construction business and residential environment business centered on reform in the 2nd quarter of the period, which set the Company on pace to exceed the net sales and income forecast figures announced on July 27, 2010.
Also for the forecasts for full term, figures are revised as above, as each business in High Performance Plastics Company is expected to remain strong, in addition to sales in new house construction business and residential environment business which had strong orders by the 2nd quarter being expected to rise.

Notes: Please note that the forecast values described in this data were created based on information that could be obtained at the time, and may differ from the actual results due to various reasons in the future.


Press Contact

SEKISUI CHEMICAL CO., LTD.
Corporate Communication Department
Fax: (+81) 3-5521-0510

Disclaimer

This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.
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