MITSUBISHI GAS CHEMICAL COMPANY, INC.
Consolidated Financial Results
For the Third Quarter of the Fiscal Year Ending March 31, 2010

This document has been translated from the original Japanese as a guide for non-Japanese investors. It
contains forward-looking statements based on a number of assumptions and beliefs made bymanagement in light of information currently available. Actual financial results may differ materiallydepending on a number of factors, including changing economic conditions, legislative and regulatory
developments, delay in new product launches, and pricing and product initiatives of competitors.

SUMMARY OF CONSOLIDATED FINANCIAL STATEMENTS
Third Quarter Results for the Fiscal Year Ending March 31, 2010
(April 1, 2009 to December 31, 2009)

February 2, 2010

MITSUBISHI GAS CHEMICAL COMPANY, INC.
Listed exchanges:

First section of the Tokyo Stock Exchange

Stock Code:

4182

URL:

http://www.mgc.co.jp

President:

Kazuo Sakai

Inquiries:

Tomohiko Okubo
General Manager, Corporate Communications Division
Tel: +81 3 3283-5041

1. Summary of Consolidated Results1) Operating results
Millions of yen, rounded down
Percentage figures denote change compared to equivalent period of previous year

April 1 - December 31, 2009

April 1 - December 31, 2008

Change %Sales............................................................................
Operating income (loss)...............................................
Ordinary income (loss).................................................
Net income (loss) .........................................................
Net income (loss) per share (¥)....................................
Fully diluted net income (loss) per share (¥) ................

279,346
38
1,691
527
1.17
1.14

Change %(25.4)(99.6)(91.5)(96.7)

374,708
9,352
19,79915,745
34.20
33.46

-

2) Financial position
Millions of yen, rounded down

As of December 31, 2009
Total assets .................................................................
Net assets ....................................................................
Shareholders’ equity ratio (%)......................................
Net assets per share (¥) ..............................................

As of March 31, 2009

545,604
270,74548.1
581.06

530,592
272,08349.9
585.90Note: Shareholders’ equity as of December 31, 2009: ¥262,661 million; as of March 31, 2009: ¥264,861 million

2. Cash Dividends
Fiscal year ending March 31, 2010
Interim dividend per share (¥) ......................................
Year-end dividend per share (¥) ..................................
Annual dividend per share (¥) ......................................

Fiscal year ended March 31, 2009

4.00
(Forecast) 4.00
(Forecast) 8.00

8.00
8.00
16.00

3. Consolidated Business Forecasts for the Fiscal Year Ending March 31, 2010
(April 1, 2009 to March 31, 2010)
Millions of yen, rounded down
Percentage figures denote change compared to equivalent period of previous year

Fiscal year ending March 31, 2010 (April 1, 2009 - March 31, 2010)
Change %Sales............................................................................
Operating income.........................................................
Ordinary income...........................................................
Net Income .................................................................
Net income per share (¥) .............................................

390,000
1,000
2,000
1,000
2.21

-1-

(12.9)(71.3)(85.7)

4. Other Information
1) Transfer of important subsidiaries during the period under review: 1 new company(Transfers of certain subsidiaries resulting in changes in the scope of consolidation)2) Adoption of simplified accounting methods:

Lingyou Engineering-Plastics (Shanghai) Co. Ltd.

Yes

3) Changes in accounting methods, procedures and presentation in the preparation of these financial statements:
1. Changes following revisions to accounting standards:
2. Other changes: None
4)

None

Number of shares outstanding (ordinary shares)
As of December 31, 2009
Number of shares outstanding (including treasury
shares) ...........................................................................
Number of treasury shares ..............................................

483,478,398

483,478,398

31,437,990

31,420,297

April 1 - December 31, 2009
Average shares outstanding during period ......................

As of March 31, 2009

452,047,299

April 1 - December 31, 2008
460,396,858

Notice regarding the appropriate use of the financial forecasts
Forecasts, etc., recorded in this document contain forward-looking statements that are based on management’s estimates, assumptions andprojections at the time of publication. A number of factors could cause actual results to differ materially from expectations.

-2-Note: All comparisons are with the first half of the previous fiscal year, unless stated otherwise.

1. Consolidated operating results
Consolidated net sales for the Mitsubishi Gas Chemical Company, Inc. group of companies (“MGC Group”)
for the third quarter period (April 1, 2009 to December 31, 2009) of the fiscal year ending March 31, 2010
decreased 25.4%, or ¥95.3 billion, to ¥279.3 billion. Consolidated operating income decreased 99.6%, or ¥9.3
billion, to ¥0 billion. Consolidated ordinary income declined 91.5%, or ¥18.1 billion, to ¥1.6 billion. Consolidated
net income for the nine months decreased 96.7%, or ¥15.2 billion, to ¥0.5 billion.
In addition to a significant decrease in chemical sales volumes, overall sales prices were weak, resulting inconsiderable declines in revenue and earnings due to lower net sales and operating income. Income fromoverseas methanol producing companies accounted for by the equity method decreased due to falling prices in
the market, resulting in a substantial decline in ordinary income.

Natural Gas Chemicals Segment
In the methanol business, sales volumes increased due to pre-marketing initiatives in preparation for theplanned operation of new plants during the fiscal year to March 2011. However, during the first half market
prices declined significantly from the previous year, resulting in substantially lower net sales. Income fromoverseas methanol producing companies accounted for by the equity method also fell significantly.
In methanol and ammonia derivatives, in addition to a decline in sales volumes ammonia facilities weresuspended for prolonged periods on two occasions due to technical difficulties. As a result, revenue andearnings were significantly lower than the previous nine-month period.
Enzymes and coenzyme revenue and earnings were roughly in line with the previous year due to an increasein domestic sales volumes, which offset a fall in exports of coenzyme Q10.
Natural gas and other energy recorded a substantial decline in earnings due to a large decline in crude oil
prices.
Consolidated net sales in the Natural Gas Chemicals Company decreased ¥39.7 billion, or 33.6%, to ¥78.5
billion, and an operating loss of ¥5.7 billion was recorded, compared with operating loss of ¥0.2 billion in thecomparable period of the previous year.

Aromatic Chemicals Segment
In specialty aromatic chemical products, revenue and earnings declined substantially due to the impact ofstagnant first-half sales of meta-xylenediamine, Nylon-MXD6, and aromatic aldehyde.
In the purified isophthalic acid business, margins deteriorated due to sustained intense competition against abackground of excess supply, resulting in lower revenue and earnings.

Consolidated net sales in the Aromatic Chemicals Company decreased ¥34.0 billion, or 33.0%, to ¥69.2 billion,
and an operating loss of 5.5 billion was recorded, compared with operating loss of ¥1.7 billion in the previous
nine-month period. This was despite a reduction in operating expenses arising from write-downs on inventory
assets.

-3-

Specialty Chemicals Segment
Revenue from inorganic chemicals for industrial use declined due to lower sales volumes of hydrogen
peroxide, but earnings remained roughly in line with the previous nine-month period due to the effect of sales
price revisions.
In chemicals for the electronics industry, sales shifted to a recovery trend, but fell short of levels in theprevious nine-month period, resulting in lower revenue and earnings.
Revenue and earnings from the engineering plastics business fell short of the previous nine-month period
despite a recovery, mainly in overseas markets, of market conditions for polycarbonate and polyacetal, which
had deteriorated during the second half of 2008. However, polycarbonate film and sheets recorded substantiallyhigher revenue and earnings due to strong demand for films used in flat panel displays.
Consolidated net sales in the Specialty Chemicals Company decreased ¥17.8 billion, or 17.2%, to ¥85.9 billion,
and operating income increased 0.1 billion, or 2.0%, to ¥6.9 billion.

Information & Advanced Materials Segment
Revenue and earnings from materials for printed circuit boards decreased, falling short of the previous
nine-month period. This was despite a substantial recovery in sales volumes of BT materials for semiconductor
packaging during the first quarter, following a slump in the second half of the previous fiscal year, and firm sales
from the second quarter onward. Sales of LE sheets, the entry sheets used in mechanical drilling of printed
circuit boards, were weak due to intensifying competition overseas. Earnings improved significantly at
subsidiary Japan Circuit Industrial Co., Ltd., which handles products for printed circuit boards, due tostreamlining initiatives that included reductions in fixed costs.
Sales of oxygen absorber AGELESS® fell short of the previous nine-month period due to strong competitionin the domestic food industry, its principal market.
Consolidated net sales in the Information & Advanced Materials Segment decreased ¥3.6 billion, or 7.5%,
to ¥44.9 billion, and operating income decreased 0.1 billion, or 2.4%, to ¥4.0 billion.

2. Consolidated financial position
Total consolidated assets as of December 31, 2009 were ¥545.6 billion, ¥15.0 billion higher than at the end of
the previous fiscal year.
In current assets, despite a decline in investment securities and inventory assets, trade notes and accounts
receivable increased ¥37.5 billion, due a recovery in sales as well as the effect of the settlement date falling on
a non-business day at financial institutions. As a result, total current assets increased ¥8.3 billion to ¥223.6
billion.
Fixed assets increased ¥6.6 billion to ¥321.9 billion. Tangible fixed assets decreased ¥2.7 billion to ¥163.8
billion, due to a decrease in allowance for machinery, equipment and vehicles and despite an increase inbuildings and structures caused by the opening of Tokyo Techno Park. In investments and other assets,
investments in securities increased by ¥8.6 billion to ¥154.4 billion due to an improvement in mark-to-market
valuation.
Liabilities increased ¥16.3 billion to ¥274.8 billion.

-4-

In current liabilities, trade notes and accounts payable increased ¥24.1 billion due to an increase in raw
material and other purchases as well as the effect of the settlement date falling on a non-business day atfinancial institutions. As a result, total current liabilities increased ¥17.7 billion to ¥178.7 billion.
Fixed liabilities decreased ¥1.3 billion to ¥96.0 billion due to the repayment of long-term borrowings and otherfactors.
As a result, net assets declined ¥1.3 billion to ¥270.7 billion. Retained earnings decreased ¥4.8 billion despite
an increase of ¥2.4 billion in unrealized gains on other securities. The shareholders’ equity ratio was 48.1%.

3. Consolidated forecast for the fiscal year ending March 31, 2010
There has been no change to the consolidated forecast announced on October 30, 2009.
4. Other matters(1) Important changes to subsidiaries during the period (changes to specific subsidiary companies within thescope of consolidation):
From the second quarter the polycarbonate production company Lingyou Engineering-Plastics(Shanghai) Co. Ltd., which was established in July 2009, has been included in the scope of
consolidation.
(2) Adoption of simplified accounting methods and special accounting methods for presenting quarterly
consolidated financial statements:(i) Method of estimating doubtful accounts for general debtors
If the actual default rate at the end of the third quarter is recognized as not being materially different
from the rate calculated at the end of the previous fiscal year, a debt default provision is made using
the actual default rate at the end of the previous fiscal year.
(ii) Accounting standard for measurement of inventories
Assets held in inventory at the end of the third quarter have been calculated primarily using the overall
average of cost method based on the assets held in inventory at the end of the previous fiscal year. In
cases where the profitability has declined, the book value is reduced accordingly.
(iii) Method of estimating corporate and other taxes, deferred tax assets and liabilities
For the estimation of corporate and other tax payments, changes and tax-deductible items in theattached financial statements are limited to material items. In assessing the recoverability of deferred
tax assets, the Company and its main consolidated subsidiaries employ the future earnings forecasts
and tax planning assumptions of the financial statements for the previous fiscal year having deemedthat there has been no marked change in the operating environment, etc., since the end of theprevious year, and that there has been no marked change with respect to the occurrence of one-timeor other such items.
(iv) Method of estimating depreciation expenses for fixed assets
For fixed assets depreciated using the fixed-percentage method, the Company and its main
consolidated subsidiaries adopt a method of assigning to the period under review an estimatedproportional amount of depreciation expenses for the fiscal year.
(3) Changes in principles, procedures and methods of indication of accounting methods for formulation ofquarterly financial statements:
None

-5-

5. Consolidated Financial Statements(1) Consolidated Balance Sheets
Millions of yen, rounded down
As of December 31, 2009

As of March 31, 2009ASSETS
Current assets
Cash..................................................................

25,95923,209Trade notes and accounts receivable................

112,062

74,549

Short-term investments .....................................

10,05030,845Merchandise and finished goods.......................

34,81338,599Work in progress ...............................................

8,658

8,386

Raw materials and supplies...............................

19,155

18,351Other current assets..........................................

13,637

21,942Less allowance for doubtful receivables ............

(701)

(585)

Total current assets......................................

223,636

215,298

Buildings and structures, net.............................

50,486

46,662

Machinery, equipment and vehicles, net

69,89871,495

Other, net ..........................................................

43,50548,489Total property, plant and equipment .........

163,890

166,647

Intangible assets ........................................

3,630

2,881

Investments in securities...................................

128,197

121,540

Other .................................................................

27,87825,805Less allowance for doubtful receivables............

(1,630)(1,580)Total investments and other assets..............

154,445

145,765

Total fixed assets .........................................

321,967

315,293

Total assets ................................................

545,604

530,592

Fixed assets

Investments and other assets-6-

Consolidated Balance Sheets (contd.)
Millions of yen, rounded down
As of December 31, 2009

As of March 31, 2009

LIABILITIESCurrent liabilities
Trade notes and accounts payable ...................

64,44640,301

Short-term borrowings.......................................

82,13586,974

Accrued income taxes.......................................

1,483

361

Allowance..........................................................

1,957

3,786

Other .................................................................

28,74829,663

Total current liabilities ..................................

178,790

161,088

Corporate bonds ...............................................

20,00020,000Long-term borrowings .......................................

66,36967,604

Allowance..........................................................

7,079

6,266

Non-current liabilities

Other .................................................................

2,618

3,549

Total non-current liabilities ...........................

96,06797,421

Total liabilities...............................................

274,858

258,509

Common stock ..................................................

41,97041,970Additional paid in capital ...................................

35,59035,589Retained earnings .............................................

217,093

221,990

NET ASSETS
Shareholders’ equity(7,901)(7,891)

286,752

291,658

Valuation and translation adjustments
Unrealized gains (loss)
on other securities .........................................
Deferred gains on hedges.................................

(915)(3,330)1029

Surplus on revaluation of land ...........................

192

192

Foreign currency translation adjustments..........

(23,377)(23,688)

Total valuation and translation adjustments(24,091)(26,797)

Treasury stock, at cost ......................................
Total shareholders’ equity

Minority interests ..........................................

8,083

7,222

Total net assets............................................

270,745

272,083

Total liabilities and net assets ..................

545,604

530,592-7-

(2) Consolidated Statements of Income
Millions of yen, rounded down
April 1 - December 31, 2009

April 1 - December 31, 2008

Net sales.....................................................

279,346

374,708

Cost of sales ...........................................

239,953

323,032

Gross profit ...............................................
Selling, general and administrative
expenses ............................................

39,392

51,67639,35442,323Operating income (loss)..............................

38

9,352

Interest income........................................

153

249

Dividend income......................................

1,035

1,244

Equity in earnings of affiliates..................

6,132

14,899Other .......................................................

1,316

1,313

Total non-operating income .................

8,638

17,707

Interest expense......................................

1,658

1,641

Exchange losses .....................................
Personnel expenses for seconded
employees...............................................

1,239

2,387

1,358

1,019

Other .......................................................

2,728

2,212

Total non-operating expenses .............

6,985

7,260

Ordinary income (loss)................................

1,691

19,799Gain on sale of fixed assets ....................

183-

Total extraordinary income ..................

183-

Impairment losses ...................................

518-

Bad-debt loss ..........................................

364-

Loss on business withdrawal ..................

286-

Loss on sale of fixed assets ....................
Loss on valuation of investment
securities ...............................................

126

-

-

1,277

Allowance for doubtful accounts .............

-

1,092

Incident-related expenses .......................

-

413

Non-operating income

Non-operating expenses

Extraordinary income

Extraordinary losses

Loss on change of equity in affiliates ......

-

10

Total extraordinary losses....................

1,296

2,794

Net income before income taxes
and minority interests ..............................

578

17,005

Income taxes, etc..............................................

(453)

1,317

Income taxes—deferred....................................

-

(772)

Minority interests in income ........................

505

714

Net income ................................................

527

15,745-8-

(3) Consolidated Statements of Cash Flows
Millions of yen, rounded down
April 1 - December 31,
April 1 - December 31,
2008
2009
Cash flows from operating activities
Net income before income taxes and minority interests .........
Depreciation and amortization................................................
(Gain) loss on disposal of property and equipment ................
Amortization of goodwill .........................................................
Impairment losses ..................................................................
Equity in earnings of affiliates.................................................
Increase (decrease) in allowance for doubtful receivables.....
Increase (decrease) in reserve for retirement andseverance benefits .............................................................
Interest income and dividend income.....................................
Interest expenses...................................................................
(Gain) loss on sales of securities and investment securities ..
(Gain) loss on valuation of securities and investment
securities ............................................................................
(Gain) loss on change of equity in affiliates............................
(Increase) decrease in notes and accounts receivable ..........
(Increase) decrease in inventories .........................................
Increase (decrease) in trade notes and accounts payable .....
Increase (decrease) in consumer tax, etc. .............................
Increase (decrease) in reserve for bonuses to directors ........
Other ......................................................................................
Sub-total ...........................................................................
Interest and dividends received..............................................
Dividends received from equity method affiliates ...................
Interest paid ...........................................................................
Income taxes (paid) refund.....................................................
Net cash provided by operating activities ..................
Cash flows from investing activities
Purchase of short-term investments.......................................
Proceeds from sale of short-term investments .....................
Purchase of fixed assets ........................................................
Proceeds from sale of fixed assets.........................................
Purchase of investments in securities ....................................
Payment of loans receivable ..................................................
Proceeds from collection of loans receivable .........................
Other ....................................................................................
Net cash used in investing activities ..........................
Cash flows from financing activities
Increase (decrease) in short-term borrowings........................
Proceeds from long-term debt................................................
Payments on long-term debt ..................................................
Purchase of treasury stock.....................................................
Dividends paid to stockholders...............................................
Dividends paid to minority stockholders of subsidiaries .........
Other ......................................................................................
Net cash used in financing activities .............................

- 10 -

578
21,475159(21)
518(6,132)165

17,005
20,868247
102(14,899)
828

892

88

(1,188)1,658(24)(1,494)
1,641
(15)

4

1,300

(37,958)

10
17,6092,768
25,044439(6,340)(5,211)
(124)

(65)
(403)
7,908
1,197
4,573
(1,459)3,887
16,106(40)
427
32,004
1,494
7,492(1,483)(9,717)
29,791(838)
688(21,828)
1,051(1,182)
(448)
213
(447)
(22,792)(272)
109(26,587)989(4,128)
(744)
956
(69)
(29,745)

(812)
2,291
(7,004)(10)(5,424)(619)(81)(11,660)

15,423
11,693(13,063)(3,613)(7,393)
(312)
18
2,751

Millions of yen, rounded down
April 1 -December 31,
April 1 - December 31,
2009
2008
Effect of exchange rate changes on cash and cash
equivalents ..............................................................................
Increase (decrease) in cash and cash equivalents ..............
Cash and cash equivalents at the beginning of period .......
Increase (decrease) in cash and cash equivalents due tochange in scope of consolidation .............................................
Increase in cash and cash equivalents resulting from merger..
Cash and cash equivalents at the end of the period............

- 11 -(758)(2,581)(19,104)
53,065216
37,235814

117

34,774269
37,838

(4) Notes regarding going concerns:
No applicable items.

(5) Segment information
a. Business segments
Nine-month period ended December 31, 2009 (April 1, 2009 – December 31, 2009)
Millions of yen, rounded down
Natural gas
chemicals

Aromatic
chemicals

Specialty
chemicals

Information
chemicals
andadvancedmaterials

Sales to outside customers ........

78,583

69,25685,93444,969602

279,346-

279,346

Inter-segment sales ....................

3,472

994

1,429

7

146

6,050

(6,050)-Total ..................................

82,05670,25087,36344,976749

285,396(6,050)279,346

Operating income (loss) .............

(5,757)(5,513)

6,954

4,092

356

133

(95)

38

Other

Total

Elimination/
corporate

Consolidated

Nine-month period ended December 31, 2008 (April 1, 2008 – December 31, 2008)
Millions of yen, rounded down

Sales to outside customers .......

Natural gas
chemicals

Aromatic
chemicals

Specialty
chemicals

Information
chemicals
andadvancedmaterials

118,303103,337

103,762

48,593

Other

Total

712

374,708

Elimination/
corporate-

Consolidated

374,708

Inter-segment sales ...................

6,220

1,236

1,671

14

180

9,323

(9,323)-

Total .................................

124,523

104,573

105,434

48,607893

384,032(9,323)374,708

Operating income (loss) ............

(256)(1,761)

6,819

4,195

460

9,456

(103)

9,352

Notes:
1. The main products of each segment are as follows:
Natural gas chemicals:
Methanol, ammonia, amines, methacrylate derivatives, polyols, enzymes and coenzymes, natural gas andcrude oilAromatic chemicals:
Xylene isomers and xylene derivatives
Specialty chemicals:
Hydrogen peroxide and other industrial inorganic chemicals, electronic chemicals and engineering plastics
Information and advanced materials:
Printed circuit board materials, printed circuit boards and oxygen absorber (AGELESS®)
Other:
Real estate business, etc
2. Inventories held for sale in the ordinary course of business were previously stated based on the lower of cost or
market method, with cost being determined by the average method, but from the first quarter of the current fiscal- 11 -

year the Company has adopted the “Accounting Standard for Measurement of Inventories” (ASBJ Statement No.
9 of July 5, 2006), and accordingly such inventories are now mainly stated using the acquisition cost method,with cost being determined by the average method (in cases where the profitability has declined, book value isreduced accordingly).
As a result of this change, operating income of each segment for the nine-month period ended December 31,
2009 decreased as follows:
Millions of yen, rounded down
Natural gas chemicals(351)
Aromatic chemicals(2,192)
Specialty chemicals(764)
Information and advanced materials(527)

3. From the first quarter of the current fiscal year, the Company and its domestic consolidated subsidiaries changed
the estimated useful lives of machinery. As a result of this change, operating income of each segment for thesix-month period ended September 30, 2009 increased (decreased) as follows:
Millions of yen, rounded down
Natural gas chemicals(68)
Aromatic chemicals
234
Specialty chemicals(154)
Information and advanced materials(302)

b. Geographic Segments
Nine-month period ended December 31, 2009 (April 1, 2009 – December 31, 2009)
Millions of yen, rounded down
Corporate
Consolidated
andEliminations

Japan

Asia

Other regions

Total

Sales to outside customers .......................

242,396

22,836

14,114

279,346-

279,346

Inter-segment sales and transfers ............

22,5892,943

79

25,612(25,612)-

Total .................................................

264,985

25,77914,193304,958(25,612)279,346

Operating income ......................................

(2,842)

1,881

752

(208)

247

38

Nine-month period ended December 31, 2008 (April 1, 2008 – December 31, 2008)
Millions of yen, rounded down
Corporate
Consolidated
andEliminations

Japan

Asia

Other regions

Total

Sales to outside customers .......................

310,855

36,437

27,416

374,708-

374,708

Inter-segment sales and transfers ............

26,952

4,855

757

32,566(32,566)-

Total .................................................

337,808

41,292

28,174407,274(32,566)

374,708

Operating income ......................................

6,581

2,421

561

9,563

(211)

9,352

Notes:
1. The major countries or regions in the respective divisions are as follows:- 12 -

Asia: Korea, China, Taiwan, Singapore, Thailand and Indonesia
Other: U.S.A.
2. Inventories held for sale in the ordinary course of business were previously stated based on the lower of cost or
market method, with cost being determined by the average method, but from the first quarter of the current fiscal
year the Company has adopted the “Accounting Standard for Measurement of Inventories” (ASBJ Statement No.
9 of July 5, 2006), and accordingly such inventories are now mainly stated using the acquisition cost method,with cost being determined by the average method (in cases where the profitability has declined, book value isreduced accordingly).
As a result, operating income in Japan for the nine-month period ended December 31, 2009 decreased ¥3,835
million.
3. From the first quarter of the current fiscal year, the Company and its domestic consolidated subsidiaries changed
the estimated useful lives of machinery.
As a result, operating income in Japan for the nine-month period ended December 31, 2009 decreased ¥291
million.

c. Overseas sales
Nine-month period ended December 31, 2009 (April 1, 2009 – December 31, 2009)
Millions of yen, rounded down
Asia

North and SouthAmerica

Other

Total

Overseas sales ...................................

95,71518,921

4,976

119,613

Consolidated sales .............................

-

-

-

279,346

Percentage of overseas sales toconsolidated sales...........................

34.3

6.8

1.8

42.8

Nine-month period ended December 31, 2008 (April 1, 2008 – December 31, 2008)
Millions of yen, rounded down
Asia

Overseas sales

North and SouthAmerica

Other

Total

92,29730,618

8,689

131,605

Consolidated sales .............................

-

-

-

374,708

Percentage of overseas sales toconsolidated sales...........................

24.6

8.2

2.3

35.1

Notes:
1. The major countries or regions in the respective divisions are as follows:
Asia: Thailand, Malaysia, India, Indonesia, Korea, China, Taiwan, and Singapore
North and South America: U.S.A., Mexico, and Brazil
Other: Europe, and Oceania
2. Overseas sales are based on the net sales of the Company and its consolidated subsidiaries in countries orregions other than Japan.

(6) Notes on Significant Change in Shareholders' Equity:
No applicable items.

- 13 -

6. Other information
The Tokyo Metropolitan Government issued MGC with an administrative order to pay a fine in order tofacilitate measures to prevent a public environmental hazard concomitant with dioxin soil pollution on land in
Ota Ward, Tokyo that was formerly owned by MGC. Following an appeal court decision issued in August
2008 that dismissed MGC’s appeal against the fine, MGC has submitted its appeal to the Supreme Court.
MGC has allocated the necessary reserve for the fine paid to the Tokyo Metropolitan Government.

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