For Immediate Release
August 10, 2018
Company Name:
Representative:(Securities Code:Contact:(Tel:Kurita Water Industries Ltd.
Michiya Kadota, President
6370, First Section of TSE)
Hisashi Tanabe
General Manager of Corporate
Planning Department+81-3-6743-5492)

Notice Regarding Transfer of Alumina Compounds Business of Subsidiary Kurita Europe GmbHAt a meeting of the Board of Directors held on July 31, 2018, Kurita Water Industries Ltd. (“Kurita”) resolved
to transfer the alumina compounds business of Kurita Europe GmbH, a subsidiary of Kurita, to Blitz 17-630 AG(“LIVIA”), a subsidiary of LIVIA Corporate Development SE. Kurita Europe GmbH and LIVIA entered into abusiness transfer agreement on August 3, 2018

1. Reason for the business transfer
The alumina compounds business of Kurita Europe GmbH is a business which Kurita acquired with a watersolutions business and a paper solutions business from BK Giulini GmbH in Germany and its affiliate in 2015, but
it is not a core business of the Kurita Group. Believing that selling this business will improve its future
profitability, the Group has been examining the possibility of concluding a business transfer agreement and has
recently reached an agreement with LIVIA.
The Kurita Group is striving to promote growth investments and improve its profitability in a focused manner,with the aim of building a group of companies with a solid revenue base in its medium-term management plan
“MVP-22 (Maximize Value Proposition 2022),” which has started in the current fiscal year. The business transfer
this time is a part of these efforts.
2. Overview of the business transfer(1) Details of the business to be transferred
Manufacture and sale of alumina compounds(2) Operating results of the business to be transfer
Net sales in the immediately preceding fiscal year are approximately 2.8 billion yen, and profit and loss arevery small.
(3) Assets and liabilities of the business to be transfer and their amounts
The items and amounts of assets and liabilities to be transferred are under careful examination.
(4) Transfer price and the method of settlement
We will refrain from publishing the transfer price based on confidentiality obligations between the parties. The
price is to be settled on the date of closing.

3. Overview of the other party
(1)
Name
(2)
Address(3)

Main shareholders andholding ratio

Blitz 17-630 AG (new company; will be renamed by closing)
Alter Hof 5, 80331 Munich, GermanyPlahoma Eight AG 100%
（ LIVIA Corporate Development SE is the wholly owning parent
company of Plahoma Eight AG.
The LIVIA Group invests in industries, real estate, art, emerging markets
and agriculture, etc. in a focused manner.）

Relationship between(4)
the listed company
There is no relationship to specially mention.
and this company* We will refrain from publishing the position and name of the representative, business, capital, the date ofestablishment, net assets and total assets of the new company (Blitz 17-630 AG) because we have not obtained theconsent of the other party.
4. Schedule(1)
Date of resolution ofthe Board of Directors(2)
Date of contract(3)
Date of business
transferJuly 31, 2018
August 3, 2018
September 30, 2018 (planned)

5. Overview of accounting
Kurita has posted the amount of estimated loss of 2,869 million yen associated with this transfer in
extraordinary losses (provision for loss on transfer of business) in its financial results for the first quarter of thefiscal year ending March 31, 2019.
6. Future outlook
While Kurita has posted the above extraordinary loss as a result of this transfer, Kurita will keep its
consolidated results forecasts for the fiscal year ending March 31, 2019 unchanged because a gain on the sale ofinvestment securities is expected to be posted in or after the second quarter of the current fiscal year. If any matter
requiring disclosure occurs, Kurita will immediately disclose it.
(Reference) Consolidated results forecasts (published on April 27, 2018) for the current fiscal year andconsolidated results for the previous fiscal year
Profit attributable toNet sales
Operating income
Ordinary income
owners of parent
Consolidated results
forecasts for the255,000 million
current fiscal year
24,000 million yen 24,200 million yen
17,000 million yenyen(Ending March 31,2019)
Consolidated results
for the previous fiscal
236,815 million
year
22,475 million yen 22,104 million yen
17,897 million yenyen(Ended March 31,2018)