Asahi Kasei Corporation
Head Office: 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan
Security code: 3407
Contact: Corporate Communications, Phone +81-3-3296-3008, Fax +81-3-3296-3162

November 1, 2016

Consolidated Results for 1st and 2nd Quarter Fiscal 2016:
April 1, 2016 – September 30, 2016
(All figures in millions of yen, rounded to the nearest million, unless otherwise specified)

I. Summary of Consolidated Results
1. Operating results (percent change from previous year in brackets)
Q1–Q2 2016
890,723 [−7.0%]
70,765 [−16.2%]
69,864 [−14.2%]
52,914 [+12.2%]
37.88—

Q1–Q2 2015
Net sales
957,434 [−1.0%]
Operating income
84,439 [+19.1%]
Ordinary income
81,444 [+9.8%]
Net income attributable to owners of the parent
47,165 [−4.8%]
Net income per share*
33.77
Diluted net income per share*—* Yen
Note: Comprehensive income was ¥(7,021) million during Q1–Q2 2016, and ¥26,867 million during
Q1–Q2 2015.
2. Financial position
At end ofTotal assets
Net assets
Net worth/total assets
Net worth per share*

September 2016
2,117,133
1,036,31548.2%
731.05

March 2016
2,211,729
1,057,399
47.1%
745.94* Yen

Notes:
 Net worth consists of shareholders’ equity and accumulated other comprehensive income.
 Net worth as of September 30, 2016, was ¥1,021,071 million; as of March 31, 2016, ¥1,041,901
million.

II. Cash Dividends
Fiscal year
2015
2016
2016 (forecast)

Q1——

Cash dividends per share*
Q2
Q3
Q4
10.00
—
10.00
10.00
—
10.00

Total annual
20.00

20.00
* Yen
Note: No revision of cash dividend forecast was made subsequent to the latest announced forecast.

Asahi Kasei
Consolidated Results

November 1, 2016
1/13

III. Forecast for Fiscal 2016 (April 1, 2016 – March 31, 2017)
1. Latest forecasts (percent change from results in year-ago period in brackets)
Net sales
Operating income
Ordinary income
Net income attributable to owners of the parent
Net income per share*

For the fiscal year
1,830,000 [−5.7%]
145,000 [−12.2%]
144,000 [−10.8%]
99,000 [+7.9%]
70.88
* Yen

2. Comparison of previous and revised fiscal 2016 forecasts

Net sales
Operating income
Ordinary income
Net income attributable toowners of the parent

Previous
forecast
1,910.0
145.0
143.0

Revisedforecast
1,830.0
145.0
144.0

Increase(decrease)(80.0)
—
1.0

92.0

99.0

7.0

(billions of yen)cf. fiscal 2015
results
1,940.9
165.2
161.4
91.8

Notes:
 Performance forecasts are based on the best information available at this time, but actual results
may diverge from these forecasts due to a variety of factors which cannot be foreseen.
 The forecast for fiscal 2016 announced on May 11, 2016, has been revised.

IV. Other Information
1. Changes in significant subsidiaries which affected scope of consolidation during the period
Asahi Kasei Chemicals Corp., a consolidated subsidiary and specified subsidiary of Asahi Kasei
Corp., was dissolved by absorption in a merger with Asahi Kasei Corp. as the surviving company,
and therefore eliminated from the scope of consolidation beginning with the first quarter of the fiscal
year ending March 31, 2017.
Furthermore, although not specified subsidiaries, Asahi Kasei Fibers Corp. and Asahi Kasei Ematerials Corp. were also dissolved by absorption in a merger with Asahi Kasei Corp. as thesurviving company, and therefore similarly eliminated from the scope of consolidation.
2. Special accounting methods for preparation of the consolidated financial statements
Income tax expenses: A reasonable estimate of the effective tax rate after applying tax-effectaccounting for the current fiscal year is made, and quarterly income before income taxes is multipliedby the corresponding effective tax rate.
3. Changes in accounting policies, changes in accounting estimates, and retroactive restatement
Changes in accounting policy
Application of revised implementation guidance on recoverability of deferred tax assets:
The Accounting Standards Board of Japan (ASBJ) issued revised Guidance No. 26“Implementation Guidance on Recoverability of Deferred Tax Assets.” This revised guidance is
Asahi Kasei
Consolidated Results

November 1, 2016
2/13

applied from the first quarter of the fiscal year ending March 31, 2017. Accordingly, the method of
accounting related to recoverability of deferred tax assets has been partially amended.
In accordance with the transitional accounting provisions set forth in Article 49, Paragraph 4, of
the revised Guidance No. 26, the difference between the amount of deferred tax assets at the
beginning of the first quarter of the fiscal year ending March 31, 2017, as calculated in accordancewith the applicable provisions of Article 49, Paragraph 3, Items 1 through 3, of the revised Guidance
No. 26, and the amount of deferred tax assets at the end of the fiscal year ended March 31, 2016, isadded to retained earnings at the beginning of the first quarter of the fiscal year ending March 31,
2017.
The effect of this change on deferred tax assets (investments and other assets) and retained
earnings at the beginning of the first quarter of the fiscal year ending March 31, 2017, is immaterial.
Application of practical solution on a change in depreciation method due to Tax Reform 2016:
The ASBJ issued Practical Issues Task Force (PITF) No. 32 “Practical Solution on a change indepreciation method due to Tax Reform 2016.” This practical solution is applied from the firstquarter of the fiscal year ending March 31, 2017. Accordingly, the method of depreciation ofbuildings and accompanying facilities and of structures is changed from the declining-balancemethod to the straight-line method.
The effect of this change on operating income, ordinary income, and income before income taxes
during the first quarter of the fiscal year ending March 31, 2017, is immaterial.
4. Number of shares outstanding

Number of shares outstanding at end of period
Number of shares of treasury stock at end of period
Average number of shares outstanding during period

Q1—Q2 2016
1,402,616,332
5,894,263
1,396,740,661

FY 2015
1,402,616,332
5,861,678
1,396,844,291** Q1—Q2 2015

V. Overview of Consolidated Results
1. Consolidated group results
Although the global economy generally continued on a path of gradual recovery during the April–
September period of fiscal 2016, sources of concern included the effect of the UK referendum towithdraw from the EU as well as slowing economic growth in China and other emerging
economies. While consumer spending in Japan showed signs of firmness, uncertainty in theJapanese economy continued due to the strong yen and an increasingly obscure outlook for the
global economy.
Consolidated net sales of Asahi Kasei Corp. and its consolidated subsidiaries and equitymethod affiliates (the Asahi Kasei Group) decreased by ¥66.7 billion (7.0%) from a year ago to¥890.7 billion, operating income decreased by ¥13.7 billion (16.2%) to ¥70.8 billion, and ordinary
income decreased by ¥11.6 billion (14.2%) to ¥69.9 billion with negative impacts from the stronger
yen, amortization of goodwill, etc., as an effect of the acquisition of Polypore International, LP and
its consolidated subsidiaries (collectively “Polypore”) in electronics operations, and reduced
reimbursement prices in pharmaceutical operations. Net income attributable to owners of theparent increased by ¥5.7 billion (12.2%) to ¥52.9 billion with significant gain on sales ofinvestment securities and lower total income taxes.
2. Results by operating segment
In April 2016, the Asahi Kasei Group reorganized its business portfolio together with the beginningof a new strategic management initiative. The previous four reportable segments of Chemicals &Fibers, Homes & Construction Materials, Electronics, and Health Care, together with an “Others”
category, have been changed to the three reportable segments of Material, Homes, and Health Care,
together with an “Others” category. The figures for the year-ago period have been recalculated in
Asahi Kasei
Consolidated Results

November 1, 20163/13

accordance with the new segment configuration for comparison purposes.
MATERIAL
Sales decreased by ¥59.9 billion (11.5%) from a year ago to ¥461.7 billion, and operating income
decreased by ¥10.6 billion (22.0%) from a year ago to ¥37.4 billion.
Shipments of Bemberg™ cupro fiber, Lamous™ artificial suede, and Leona™ nylon 66
filament increased, but selling prices declined due to competition, and each product in fibers &textiles operations was impacted by the stronger yen.
Among chemical operations, in petrochemicals, terms of trade improved most notably foracrylonitrile, but shipments of styrene decreased. Shipments of synthetic rubber for fuel-efficienttires increased, but each product in performance polymers was impacted by the stronger yen. In
performance materials and consumables, ion-exchange membranes were impacted by the stronger
yen, but sales of Saran Wrap™ cling film were firm.
Among electronics operations, in separators, shipments of Hipore™ lithium-ion battery
separator increased. While results of Polypore, consolidated from the second quarter of fiscal
2015, were included, significant amortization of goodwill, etc., was recorded, and the stronger yen
had an impact. In electronic devices, shipments of audio devices for smartphones increased, but
the stronger yen had an impact and shipments of electronic compasses decreased.
HOMES
Sales increased by ¥3.8 billion (1.4%) from a year ago to ¥287.5 billion, and operating income
decreased by ¥0.5 billion (1.9%) from a year ago to ¥26.5 billion.
Among homes operations, in order-built homes, deliveries of Hebel Haus™ unit homes andHebel Maison™ apartment buildings proceeded smoothly, but selling, general and administrative(SG&A) expenses such as advertising expenses increased. In remodeling, SG&A expenses suchas labor costs increased, but in real estate, management of rental units was firm.
In construction materials operations, although sales of Neoma™ phenolic foam insulation
panels were firm, shipments decreased for autoclaved aerated concrete (AAC) and foundation
systems.
HEALTH CARE
Sales decreased by ¥11.0 billion (7.7%) from a year ago to ¥132.3 billion, and operating income
decreased by ¥3.1 billion (15.2%) from a year ago to ¥17.6 billion.
Shipments of Teribone™ osteoporosis drug and Recomodulin™ recombinant
thrombomodulin increased, but pharmaceuticals operations were impacted by reduced
reimbursement prices, while Flivas™ agent for treatment of benign prostatic hyperplasia was
impacted by competition from generics.
Shipments of Planova™ virus removal filters increased, but medical devices operations were
impacted by the stronger yen and, in Japan, reduced reimbursement prices for dialysis-related
products.
In critical care operations, on a local-currency basis, the LifeVest™ wearable defibrillator
business continued to expand well, and sales of other products such as defibrillators and related
accessories increased, but SG&A expenses grew with reinforced sales activity. The higher
exchange value of the yen had an impact on the translation of results into consolidated accounts.
OTHERS
Sales increased by ¥0.4 billion (4.4%) from a year ago to ¥9.3 billion, and operating income
increased by ¥0.2 billion (7.2%) from a year ago to ¥2.4 billion.

Asahi Kasei
Consolidated Results

November 1, 20164/13

VI. Consolidated Financial Statements
1. Balance sheets

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable–trade
Short-term investment securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Land
Lease assets
Accumulated depreciation
Lease assets, net
Construction in progress
Other
Accumulated depreciation
Other, net
Subtotal
Intangible assets
Goodwill
Other
Subtotal
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Subtotal
Total noncurrent assets
Total assets

Asahi Kasei
Consolidated Results

At end ofMarch 2016

At end of
Sept. 2016

146,054
280,095
1,534
159,441
108,684
68,61818,13375,324(1,865)856,018

135,308
271,975—
149,440
120,408
67,106
18,647
67,824(2,202)
828,506

495,817(268,635)
227,183
1,348,103(1,149,544)
198,559
61,046
12,928(11,183)
1,745
49,240147,286(129,072)
18,215555,989

498,020(271,371)
226,649
1,341,127(1,151,854)
189,273
62,272
12,706(11,477)
1,229
47,882
147,470(129,631)
17,839545,144

305,112
189,470
494,582

265,601
168,006
433,607244,598
16,35320,09824,280(189)
305,140
1,355,711
2,211,729

247,766
16,28919,55826,441(178)
309,876
1,288,627
2,117,133

November 1, 2016
5/13

Liabilities
Current liabilities
Notes and accounts payable–trade
Short-term loans payable
Commercial paper
Current portion of bonds payable
Lease obligations
Accrued expenses
Income taxes payable
Advances received
Provision for periodic repairs
Provision for product warranties
Provision for removal cost of property, plant andequipment
Asset retirement obligations
Other
Total current liabilities
Noncurrent liabilities
Bonds payable
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for periodic repairs
Provision for removal cost of property, plant andequipment
Provision for loss on litigation
Net defined benefit liability
Asset retirement obligations
Long-term guarantee deposits
Other
Total noncurrent liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Net unrealized gain on other securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

Asahi Kasei
Consolidated Results

At end ofMarch 2016

At end of
Sept. 2016

126,653
313,587——919
98,71732,73574,667
3,908
2,355

131,430
140,229
34,00020,000561
90,83927,29379,589
3,568
2,378

2,130

2,014

568
69,423725,662608
64,084
596,592

40,00094,632537
64,930558

20,000187,680459
53,249
163

7,228

5,090

2,171
186,300
3,480
20,131
8,702
428,669
1,154,330

1,948
183,129
3,208
20,1609,139
484,226
1,080,818

103,389
79,410763,076(3,150)942,724

103,389
79,410802,413(3,176)
982,036

92,280(179)
48,429(41,353)
99,177
15,4981,057,399
2,211,729

92,987(263)(16,735)(36,954)
39,036
15,243
1,036,315
2,117,133

November 1, 2016
6/13

2. Statements of income and statements of comprehensive income
1) Statements of income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expense
Equity in losses of affiliates
Foreign exchange loss
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Gain on sales of noncurrent assets
Total extraordinary income
Extraordinary loss
Loss on valuation of investment securities
Loss on disposal of noncurrent assets
Impairment losses
Business structure improvement expenses
Provision for loss on litigation
Business integration expense
Total extraordinary loss
Income before income taxes
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of the parent

Asahi Kasei
Consolidated Results

Q1—Q2 2015
957,434
667,380
290,053
205,61484,439

Q1—Q2 2016
890,723
610,899
279,824
209,059
70,765

724
2,585
—
1,546
4,854

625
2,657
1,318
2,155
6,755

1,696
1,848
796
3,509
7,849
81,444

2,133
—
3,297
2,227
7,657
69,864

25
96
122

3,887
18
3,905

250
1,514
381
571
2,901
—
5,618
75,94828,27947,669504
47,165

—
1,339
46
1,016
—
658
3,059
70,71016,96753,743829
52,914

November 1, 2016
7/13

2) Statements of comprehensive income

Net income
Other comprehensive income
Net increase (decrease) in unrealized gain on othersecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of affiliates
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:
Owners of the parent
Non-controlling interests

Asahi Kasei
Consolidated Results

Q1—Q2 2015
47,669

Q1—Q2 2016
53,743(8,472)695

1,427(12,602)
1,178

(84)
(63,955)
4,421(2,333)(1,841)(20,802)
26,867(60,764)(7,021)

26,897(31)(7,228)207

November 1, 2016
8/13

3. Statements of cash flows

Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Amortization of negative goodwill
Decrease in provision for periodic repairs(Decrease) increase in provision for product warranties
Decrease in provision for removal cost of property, plant andequipment
Increase in provision for loss on litigation
Decrease in net defined benefit liability
Interest and dividend income
Interest expense
Equity in losses (earnings) of affiliates
Gain on sales of investment securities
Loss on valuation of investment securities
Gain on sale of property, plant and equipment
Loss on disposal of noncurrent assets
Decrease in notes and accounts receivable–trade
Increase in inventories(Decrease) increase in notes and accounts payable–trade
Decrease in accrued expenses
Increase in advances received
Other, net
SubtotalInterest and dividend income, received
Interest expense paid
Income taxes paid
Net cash provided by operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Purchase of shares in subsidiaries resulting in change in scope of
consolidation
Payments for transfer of business
Payments of loans receivableCollection of loans receivable
Other, net
Net cash used in investing activities

Asahi Kasei
Consolidated Results

Q1—Q2 2015

Q1—Q2 2016

75,94844,143
381
6,042
(79)
(139)
(140)

70,71043,672
46
8,627
(79)
(732)
46

(1,456)(2,254)

2,901(2,164)(3,309)
1,696
1,848
(25)
250
(96)
1,514
25,426(20,481)(4,397)(10,731)
10,2094,208
131,550
4,441(1,669)(22,295)
112,027—(3,003)(3,282)
2,133(1,318)(3,887)
—
(18)
1,339
2,303
(6,916)
7,473(5,637)5,324
0114,547
4,510(2,073)(26,564)
90,420(3,671)
10,430(41,627)249(4,698)(1,523)176(3,024)2,236(43,065)
2,198(3,910)(6,588)4,478(194,431)—(200)(1,776)1,796(251)(235,525)—(3,772)
1,541(642)(50,548)

November 1, 2016
9/13

Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Increase in commercial paper
Proceeds from long-term loans payable
Repayment of long-term loans payable
Repayments of lease obligations
Purchase of treasury stock
Proceeds from disposal of treasury stock
Cash dividends paid
Cash dividends paid to non-controlling interests
Other, net
Net cash used in financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from changes in scopeof consolidation
Cash and cash equivalents at end of period

Q1—Q2 2015

Q1—Q2 2016

247,742
12,0004,145(83,737)
(779)
(62)
5
(13,969)(559)
260
165,044(4,067)37,480112,297(178,354)
34,000127,234(11,069)
(569)
(26)
1
(13,968)(627)
25(43,353)(9,954)(13,435)
145,307

6,273

443

156,051

132,315

4. Notes to consolidated financial statements
Consolidated balance sheets
Contingent liabilities
In October 2015 Asahi Kasei Corp. disclosed that Asahi Kasei Construction Materials Corp., aconsolidated subsidiary of Asahi Kasei Corp., which performed pile installation work as secondary
subcontractor for the construction of a condominium complex in Yokohama, Kanagawa, Japan,
submitted incorrect data in the pile installation report for the precast concrete piles installed for thisproject. There was manipulation of ammeter data and flowmeter data for the installation of piles.
Asahi Kasei Corp. established a task force and an internal fact-finding committee as well as anindependent commission to advance investigation, and on October 22, 2015, Asahi Kasei
Construction Materials Corp. reported its record of similar pile installation work over the past 10
years to Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT).
On November 24, 2015, Asahi Kasei Construction Materials Corp. completed all possible
investigation of whether or not there was manipulation of data regarding the installation of precast
concrete piles, and reported the results to the MLIT. Out of the 3,052 projects subject toinvestigation, manipulation of data was found for 360 projects.
Regarding projects where manipulation of data was found, Asahi Kasei Construction Materials is
cooperating with the prime contractors and the owners of the buildings in efforts to confirm safety
based on instructions from the MLIT. Regarding projects where a Specific Administrative Agency
has confirmed safety, the Specific Administrative Agency has issued a report to the MLIT. (At ameeting of the House of Councillors Committee on Land and Transport held on April 5, 2016, it wasreported that the safety of 357 of the 360 projects had been confirmed.)
Although there is a possibility that an effect on the consolidated results of Asahi Kasei Corp. may
emerge such as the recording of an additional reserve, etc., no such effect is reflected in the
consolidated financial statements due to the difficulty of making a rational estimate of the amount offinancial impact from this matter as of the time of preparation of the consolidated financial statements.

Asahi Kasei
Consolidated Results

November 1, 2016
10/13

VII. Additional Information
1. Consolidated net sales and operating income (loss) by segment
Note: In April 2016, the Asahi Kasei Group reorganized its business portfolio together with the beginning of a new
strategic management initiative. The previous four reportable segments of Chemicals & Fibers, Homes &Construction Materials, Electronics, and Health Care, together with an “Others” category, have been changed to thethree reportable segments of Material, Homes, and Health Care, together with an “Others” category. The figures forthe year-ago period have been recalculated in accordance with the new segment configuration for comparison purposes.

1) Consolidated net sales by segment

FibersChemicalsElectronics
Material
Homes
Construction Materials
Homes
Health Care
Critical Care
Health Care
Others
Total

Q1—Q2
2015
66.8
401.3
53.4
521.6
258.0
25.6
283.6
75.6
67.7
143.3
8.9
957.4

Q1—Q2
2016
62.3
332.5
66.9
461.7
264.8
22.6
287.5
67.8
64.5
132.3
9.3
890.7

Increase(decrease)(4.6)(68.8)
13.5(59.9)
6.8
(3.0)
3.8
(7.8)
(3.3)
(11.0)(0.4)(66.7)(billions of yen)
Fiscal 2016
forecast
125.0
666.0
132.0
923.0
570.0
50.0
620.0
133.0
132.0
265.0
22.0
1,830.0

Increase(decrease)
(1.4)
(2.5)
(6.7)
(10.6)
0.2
(1.3)
(0.5)
(5.2)
2.0
(3.1)
0.2
(14.1)
0.4(13.7)(billions of yen)
Fiscal 2016
forecast
12.0
62.0
(2.0)
72.0
61.0
4.0
65.0
15.5
14.5
30.0
4.0
171.0
(26.0)
145.0

2) Consolidated operating income (loss) by segment

FibersChemicalsElectronics
Material
Homes
Construction Materials
Homes
Health Care
Critical Care
Health Care
OthersCombined
Corporate expenses and eliminations
Total

Q1—Q2
2015
7.4
34.2
6.4
48.0
24.4
3.1
27.0
15.9
4.8
20.7
2.2
97.9
(13.5)
84.4

Q1—Q2
2016
6.0
31.7
(0.3)
37.4
24.6
1.8
26.5
10.7
6.8
17.6
2.4
83.8
(13.1)
70.8

Note: Figures for operating income by business category within segments include intrasegment transactions which are
eliminated from the segment totals.

Asahi Kasei
Consolidated Results

November 1, 201611/13

2. Operating income increases/decreases by segment(billions of yen)SalesvolumeFibersChemicalsElectronics
Material
Homes
Construction
Materials
Homes
Health Care
Critical Care
Health Care
OthersSubtotal
Corporate expenses
and eliminations
Consolidated

0.4
(0.9)
3.2
2.7
(0.5)

Increase (decrease) due to:Sales prices [of which,Operating costs
due to foreignand othersexchange]
(3.6)
(1.7)
1.8
(36.4)(15.4)
34.8
(5.4)
(3.4)
(4.5)
(45.4)(20.6)
32.1
2.3
—
(1.6)

Net increase(decrease)
(1.4)
(2.5)
(6.7)
(10.6)
0.2

(1.0)

(0.1)

—

(0.1)

(1.3)

(1.6)
0.1
4.3
4.4
(0.5)
5.0

2.2
(6.7)
0.2
(6.5)
—
(49.7)

—
(2.5)
0.0
(2.4)
—
(23.0)

(1.1)
1.5
(2.5)
(1.0)
0.7
30.6

(0.5)
(5.2)
2.0
(3.1)
0.2
(14.1)

—

—

—

0.4

0.4

5.0

(49.7)(23.0)

31.0(13.7)

3. Major financial metrics (consolidated)

Capital expenditure (tangible)
Capital expenditure (intangible)
Depreciation and amortization*
R&D expenses
Balance of paymentsof which, dividends received
Employees at end of period
D/E ratio(billions of yen, except employees and D/E ratio)
Fiscal 2016
Q1—Q2
Q1—Q2
forecast
2015
2016
91.0
38.3
43.1
9.0
3.9
4.4
96.0
44.1
43.7
87.0
38.7
38.3
1.6
(2.6)
32,790
0.47

1.1
(2.7)
33,7230.39* Excluding amortization of goodwill.

4. Contract trends for home construction operations

No. of orders received (home units)
Value of orders received (¥ billion)
Backlog of orders (¥ billion)
No. of sales (home units)
Value of sales (¥ billion)

Asahi Kasei
Consolidated Results

Q1—Q2
2015
9,614
217.3
554.6
7,705
177.2

Q1—Q2
2016
8,683
206.6
538.8
7,697
180.9

Increase(decrease)(931)(10.7)(15.8)(8)
3.8

Fiscal 2016
forecast
17,250408.0
525.1
16,690396.0

November 1, 2016
12/13

5. Key operating factors

Naphtha price(yen/kL, domestic)
Exchange rates(market average)

Yen/US$
Yen/€

Q1—Q2
2015

Q1—Q2
2016

Increase(decrease)

Fiscal 2016
forecast

48,00031,450(16,550)

33,225

122
135

105
118

(16)
(17)

103
114

6. Interest-bearing debt (consolidated)

Short-term loans payable
Commercial paper
Current portion of bonds payable
Long-term loans payable
Bonds payable
Lease obligations
Total

Asahi Kasei
Consolidated Results

At end ofMarch 2016
313.6
—
—
94.6
40.0
1.5
449.7

(billions of yen)
At end ofIncrease
Sept. 2016
(decrease)
140.2(173.4)
34.0
34.0
20.0
20.0
93.0
187.7
(20.0)
20.0
1.0
(0.4)
402.9
(46.7)

November 1, 201613/13