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February 6, 2014
Consolidated Financial Report for theThird Quarter of the Year Ending March 31, 2014
Name of Listed Company ZEON CORPORATION
Ticker Code 4205
(URL http://www.zeon.co.jp)
Representative
President
Contact
Managing Director and Corporate Officer
Scheduled Date of theSubmission of theQuarterly Report

Listed Stock
Exchanges
NameNameTEL
Scheduled Date ofDividend Payments

February 7, 2014

Tokyo Stock Exchange
Kimiaki Tanaka
Tadayuki Minami+81-3-3216-2747—Note: All amounts less than one million yen in the tables are rounded off.

1. Consolidated Performance for 3rd quarter of the year ending March 31, 2014
(April 1, 2013 to December 31, 2013)(1) Consolidated operating results (Cumulative)(Percentage figures respectively indicate year-over-year changes from the same period of the previous fiscal year.)Net sales
3Q period ended
December 31, 2013
3Q period ended
December 31, 2012

Operating income

Ordinary income

Net income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

223,51419.8

24,47042.7

27,24758.1

17,124

52.6

186,589(6.4)

17,142 (39.8)

17,240 (36.5)

11,225 (30.0)

Note: Comprehensive income:3Q of the year ending March 31, 2014: 23,413 million yen (105.9%);
3Q of the year ended March 31, 2013: 11,370 million yen (−18.4%)

Net income per share

Fully diluted net income
per share

YenYen3Q period ended
December 31, 2013
3Q period ended
December 31, 2012

73.98

73.86

48.56

48.48(2) Consolidated financial position

3Q period ended
December 31, 2013
Year ended March31, 2013

Total assets

Net assets

Millions of yen

Millions of yen

385,645

182,76546.4

350,508

162,057

45.2

Reference: Equity:
As of December 31, 2013: 178,957 million yen

Equity ratio%

As of March 31, 2013: 158,494 million yen-1-

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2. Cash Dividends
Record dateYear ended March31, 2013
Year ending March31, 2014
Year ending March31, 2014 (Forecast)

1Q end2Q endCash dividend per share
3Q endYear-end

Full year

Yen

Yen

Yen

Yen

Yen

—

6.00

—

6.00

12.00

—

7.00

—
6.00

13.00

Note: Revisions to the most recently disclosed dividend forecasts: No

3. Projected Consolidated Performance for the Year Ending March 31, 2014
(From April 1, 2013 to March 31, 2014)(Percentage figures respectively indicate changes from the previous year.)

OperatingincomeNet sales

Year ending
March 31, 2014
(Full year)

Ordinary income

Net income
per share

Net income

Millions ofyen%Millionsof yen%

Millions ofyen%Millions ofyen%

Yen

293,000

16.8

28,00018.2

30,00019.0

17,500

18.6

75.70

Note: Revisions to the most recently disclosed projected performance: No

4. Other Matters(1) Significant changes of subsidiaries during the three-month period under review (Changes of Specified
Subsidiaries Accompanied by Change in Scope of Consolidation): No(2) Application of special accounting methods for the preparation of quarterly consolidated financial statements:
Yes(3) Changes in accounting principle and accounting estimates, and restatement of revisions(i) Changes in accounting principle due to amendment in accounting standards: No(ii) Changes in accounting principle except above (i): No(iii) Changes in accounting estimates: No(iv) Restatement of revisions: No(4) Number of shares outstanding (Common stock)(i) Number of shares outstanding at the end of the period (Including treasury stock)
As of December 31, 2013: 242,075,556 shares
As of March 31, 2013: 242,075,556 shares(ii) Number of treasury stock outstanding
As of December 31, 2013: 10,407,196 shares
As of March 31, 2013: 10,913,315 shares(iii) Average number of shares during the period
3Q ended December 31, 2013: 231,467,233 shares
3Q ended December 31, 2012: 231,165,197 shares
Note regarding indication of status of implementation of the quarterly review procedure
This quarterly financial report is not subject to the quarterly review required under the Financial Instruments
and Exchange Act. The review of quarterly consolidated financial statements based on the Financial
Instruments and Exchange Act had not been completed as of the date of disclosure of this quarterly financial
report.
Note concerning appropriate use of performance forecasts, etc.
The projected performance figures in this report are based on information available to ZEON’s management at
the time this report was prepared and are not intended to be interpreted as goals the company will achieve.
Accordingly, users should be aware that actual results may differ materially from any expressed future
performance herein due to various factors.

-2-

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5. Consolidated Financial Statements(1) Consolidated Balance Sheets(Millions of yen)Previous fiscal year
(As of March 31, 2013)(Assets)
Current assets
Cash and bank deposits
Notes and accounts receivable—trade
Merchandise and products
Work in process
Raw materials and supplies
Accounts receivable—otherDeferred tax assets
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
LandConstruction in progress
Other property, plant and equipment, net
Total property, plant and equipment
Intangible assets
Other intangible assets
Total intangible assets
Investments and other assets
Investment securities
Deferred tax assets
Other investments and assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets-3-

As of December 31, 201312,216
69,29943,145
3,826
9,607
31,916
2,703
3,019
(75)
175,656

8,280
79,24946,117
5,059
12,22737,981
2,781
4,137(85)
195,746

34,81735,126
18,042
16,751
4,200
108,937

37,84445,202
18,102
11,984
5,233
118,365

6,577
6,577

6,351
6,351

51,971
901
6,773
(306)
59,338
174,852
350,508

57,768
1,066
6,646
(297)
65,184
189,900
385,645

[Translation for reference only]
ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT
This is a translation of the original Japanese-language document and is provided for convenience only. In all cases, theJapanese-language original shall take precedence.
(Millions of yen)Previous fiscal year
(As of March 31, 2013)(Liabilities)
Current liabilities
Notes and accounts payable—trade
Short-term loans payable
Commercial paper
Corporate bonds redeemable within one year
Income taxes payable
Reserve for bonuses
Other reserves
Other current liabilities
Total current liabilities
Long-term liabilities
Bonds payable
Long-term loans payable
Deferred tax liabilities
Allowance for employees’ retirement benefits
Other reserves
Other long-term liabilities
Total long-term liabilities
Total Liabilities(Net Assets)
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock, at cost
Total shareholders’ equity
Accumulated other comprehensive income
Net unrealized holding gain on
available-for-sale securities
Deferred gains (losses) on hedges
Foreign currency translation adjustments
Pension liabilities adjustments
Total accumulated other comprehensive income
Stock acquisition rights
Minority interests
Total net assets
Total liabilities and net assets-4-

As of December 31, 2013

73,953
20,1567,000
10,000
3,923
1,657
123
17,747
134,560

91,35632,539
—
—
6,243
301
2,915
21,427
154,780—
29,327
8,059
11,5491,762
3,194
53,891
188,451

10,00012,475
9,003
12,237522
3,863
48,100202,881

24,211
18,372
115,836(8,108)150,312

24,211
18,514
129,951(7,735)
164,941

15,84817,424(0)(5,468)(2,199)
8,182
262
3,301
162,057
350,508(0)(927)(2,482)
14,016
251
3,556
182,765
385,645

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ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT
This is a translation of the original Japanese-language document and is provided for convenience only. In all cases, theJapanese-language original shall take precedence.

(2) Consolidated Statements of Income(Millions of yen)

Net sales
Cost of sales

For the nine months
ended December 31,
2012
186,589
135,306

For the nine months
ended December 31,
2013
223,514160,037

Gross profit

51,28363,477

Selling, general and administrative expenses

34,14139,007

Operating income

17,142

24,470Nonoperating income
Interest income
Dividend income
Foreign exchange gain
Other nonoperating income

78719
96981

70785
2,483
699

Total nonoperating income

1,874

4,036

Nonoperating expenses
Interest expense
Depreciation from idle assets
Other nonoperating expenses

730
921
125

548
488
223

Total nonoperating expenses

1,776

1,258

17,24027,247

——
209
199
21

329
85
—
—
10429

425

163
552

221
45

715

266

Income before income taxes and minority interests

16,95427,406

Income taxes

5,405

9,999

Income before minority interests in net income ofconsolidated subsidiaries
Minority interests in net income of consolidated subsidiaries

11,54817,407324

283

Net income

11,225

17,124

Ordinary income
Extraordinary gains
Gain on sale of available-for-sale securities
Gain on negative goodwill
Gain on sales of affiliates’ stock
Compensation income
Other
Total extraordinary gains
Extraordinary losses
Loss on disposal of fixed assets
Other
Total extraordinary losses-5-[Translation for reference only]
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(3) Statement of Comprehensive Income(Millions of yen)

Income before minority interests in net income ofconsolidated subsidiaries
Other comprehensive income (loss)
Valuation difference on available-for-sale securities
Deferred gains (losses) on hedges
Foreign currency translation adjustments
Pension liabilities adjustments
Total other comprehensive income (loss)
Comprehensive income
Comprehensive income attributable to:
Owners of the parent
Minority interests-6-

For the nine months(From April 1 to
December 31, 2012)

For the nine months(From April 1 to
December 31, 2013)

11,54817,407

(143)
(1)
(38)
3
(178)
11,370

1,619
0
4,670
(284)
6,005
23,413

11,050320

22,949464

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ENGLISH TRANSLATION OF JAPANESE-LANGUAGE DOCUMENT
This is a translation of the original Japanese-language document and is provided for convenience only. In all cases, theJapanese-language original shall take precedence.

(4) Segment Information
Previous 3rd quarter cumulative period (From April 1, 2012 to December 31, 2012)

Net sales(1) Sales to third parties(2) Intersegment sales
and transfers
Total
Segment income and loss

Elastomer

Specialty
Materials

Sub Total

122,185

36,331

1,127
123,312
15,169OtherTotal

158,517

28,072

186,589—

186,589

—

1,127

197

1,324

(1,324)—36,331904

159,643
16,07328,2691,081

187,912
17,155(1,324)(13)

186,589
17,142Current 3rd quarter cumulative period (From April 1, 2013 to December 31, 2013)

Net sales(1) Sales to third parties(2) Intersegment sales
and transfers
Total
Segment income(Millions of yen)
Eliminations/
Consolidated
Corporate

Elastomer

Specialty
Materials

Sub Total

136,658

49,381

1,926
138,584
15,195(Millions of yen)
Eliminations/
Consolidated
Corporate

OtherTotal

186,039

37,475

223,514—

223,514

—

1,926

290

2,216

(2,216)—49,381
8,112

187,964
23,30737,766
1,166

225,730
24,473(2,216)(3)

223,51424,470-7-[Translation for reference only]
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(5) Major Subsequent Events
Acquisition of Treasury Stock
The company decided at a meeting of its Board of Directors held on February 6, 2014, to acquire treasury stock
under Article 156 of the Company Law of Japan as applied pursuant to Article 165, Paragraph 3. Details areprovided below.
(1) Reason for acquiring treasury stock:
To exercise agile capital policies in response to the business environment(2) Buyback details(a) Type of shares to be acquired:
ZEON CORPORATION common stock(b) Maximum number of shares to be acquired:
6 million shares(c) Maximum acquisition value of shares:
5 billion yen(d) Acquisition period:
From February 7, 2014 to March 24, 2014(e) Acquisition method:
Purchase in the market through a trust bank-8-