NEWS RELEASE

April 13, 2017
FDK CORPORATION
President: Michimasa Mochizuki
Code: 6955 Second Section, TOKYO
Contact: Shunji Kumagai, General Manager,
CSR/Public & Investor Relations Dept.
(Tel: +81-3-5715-7400)

Announcement of the Revised Financial Forecast and Extraordinary Profit and Loss

Based on the recent business performance, FDK CORPORATION has decided to revise the Company’s
financial forecast for the fiscal year ending March 31, 2017, which was announced on October 26, 2016.
And FDK announces extraordinary profit and extraordinary loss to be counted into financial forecast for thefiscal year ending March 31, 2017.
1. Revision of financial forecast for FY2016 (from Apr. 1, 2016 to Mar. 31, 2017): consolidated basis(Million yen)
Operating Ordinary
Profit attributable to Net Income PerNet Sales
IncomeIncomeowners of parent
Share
October 26, 2016 (A)75,000200-200

100.04yen

April 13, 2017 (B)73,500-350-700-3,200-11.42yen

Difference (B)-(A)-1,500-550-500-3,210Rate of difference (%)-2.0---(Ref.):
Financial Results ofFY2015

80,745

1,580658167

0.60yen

2. Reasons for revision
FDK Group (“FDK”) seeks to contribute to society as “an Energy Management Manufacturer” based onBatteries and Electronic Devices, and Battery System exploiting both technologies.
In such situation, it is forecasted that the sales amount and operating income in Electronic Devices
Business decrease compared with the last forecast due to slumping of the market such as LCD and DSC, andtough competition in the coil device market for consumer and industrial use, although Battery Business is
steady due to increase of Alkaline batteries, Ni-MH batteries and Lithium batteries market and the progressof technical development along the market demand.
Therefore, FDK decides to revise the financial forecast for FY2016 which was announced on October 26,
2016 like above. This revise includes extraordinary loss by Loss on retirement of non-current assets inElectronic Devices Business.
3. Extraordinary profit(1) Subsidy income
480 million Japanese Yen is forecasted to count into an extraordinary profit in Lithium battery business inth
4 quarter which is a subsidy income by Tottori prefecture’s and Iwami town’s supporting for establishing
new business facilities and creating regular employment.
This extraordinary profit does not impact to the revised financial forecast this time because it was alreadycounted into previous forecast announced on October 26, 2016.

NEWS RELEASE

4. Extraordinary loss
(1) Loss on retirement of non-current assets
In the result of studying the possibility of returning in future for fixed assets in Electronic Devices
Business based on “Accounting standard of the impairment loss for fixed assets”, 2,400 million Japanese
Yen is forecasted to count into the extraordinary loss as an impairment loss decreasing the book value to thepossible amount to be returned in 4 th quarter.
(2) Loss on valuation of investments in capital of subsidiaries and associates
170 million Japanese Yen of Loss on valuation of investments in capital of subsidiaries and associates isforecasted to count as an extraordinary loss judging that the possibility of recovery is low due to big
decrease of actual amount in 4 th quarter.
This Loss on valuation of investments in capital of subsidiaries and associates does not impact to theconsolidated profit and loss due to elimination in consolidated statement.
FDK seeks to expand Battery business by proceeding the technical development along market demandcontinuously. And in Electronic Devices Business FDK concentrates to Power supply business which is thecore of “Energy management”, devices to respond to high output and low loss required by car component
devices market growing rapidly, and the small size & high output power devices expected to increase in thesmartphone market by proceeding the selection and concentration and by FDK’s characteristic ability ofdevelopment of new products from low material.
(Remarks)
The information indicated above is calculated based on the information which is presently available andmay contain some inaccurate elements. Therefore, the actual results may differ greatly from the forecasts
indicated in this release due to some changes in business conditions.