August 11, 2021
Company name

ADEKA CORPORATION

Stock exchange listing

Tokyo (code no. TSE 4401)

Representative

HIDETAKA SHIROZUMEPRESIDENT AND CHIEF EXECUTIVEOFFICERFUMITAKE KOYAEContact

GENERAL MANAGER,LEGAL AFFAIRS & PUBLICITY DEPARTMENT

Notice revision of Consolidated Financial Forecasts and Dividend Forecast for FY 2021
ADEKA CORPORATION (President and Chief Executive Officer: Hidetaka Shirozume) is pleased toannounce that it has revised its consolidated financial forecasts and dividend forecast for fiscal 2021
（April 1, 2021 – March 31, 2022）which announced on May 13, 2021.
1. Revision of consolidated financial forecasts
Fiscal 2021 first half(April 1, 2021 - September 30, 2021)
Net sales

OperatingprofitOrdinary
profitProfitattributableto owners ofparent

Basicearnings pershare
Yen(A)

Million yen

153,000

Million yen

Million yen

Million yen

6,700

64.87

Newly revised forecast (B)166,000

15,00015,600

9,900

95.86

Change13,000

5,200

5,700

3,200

8.5

53.1

57.6

47.8

138,631

8,961

8,362

5,723

55.44

Ordinary
profitProfitattributableto owners ofparent

Basicearnings pershareYen

Previous forecast(B-A)

Rate of change (%)(ref.)Results for the previous
corresponding period

9,800

9,900

Fiscal 2021 Full year(April 1, 2021 – March 31, 2022)
Net sales

Operatingprofit(A)

Million yen

329,000

Million yen

Million yen

Million yen

16,400158.80

Newly revised forecast (B)350,000

30,00030,50019,000183.97

Change21,000

4,400

4,500

2,600

6.4

17.2

17.3

15.9

327,080

28,97929,27016,419Previous forecast(B-A)

Rate of change (%)(ref.)Results for the previous
corresponding period

25,60026,000〈Continued on the next page〉159.01

In light of consolidated results for the first three months ended June 30, 2021 announced today andthe recent performance trend, the Company raised its previously announced forecasts for net sales,
operating profit, ordinary profit and profit attributable to owners of parent for the six months ending
September 30, 2021 (announced on May 13, 2021).
The revised full-year consolidated financial results forecasts for the fiscal year ending March 31, 2022
are calculated on the assumption that the world economy will stage a modest recovery from the second
half onwards, as vaccination programs are rolled out, despite lingering concerns about a further
resurgence of COVID-19 and rising raw material prices. Based on this assumption, the Company
expects to see a recovery in auto sales and production and further growth in demand forsemiconductors, leading to rising demand for its own products related to these sectors. Accordingly, theCompany raised its previously announced full-year forecasts for net sales, operating profit, ordinary
profit and profit attributable to owners of parent.
Exchange rate assumptions for 2Q-4Q are ¥110/USD and ¥133/EUR.
2. Revision of Dividend forecast
Fiscal 2021(April 1, 2021 – March 31, 2022)
Annual Dividend per share (yen)
2 quarter-end

Year-endndPrevious forecast

yen

Totalyenyen(A)252550

Newly revised forecast (B)

28

2856

(ref.)Results for the previous
corresponding period

242448The Company recognizes that the return of profits to shareholders is one of management's mostimportant tasks. Under ADX 2023, the Mid-Term Management Plan which started from April 2021,
the Company set a target dividend payout ratio of at least 30% based on a basic policy of giving
comprehensive consideration to the payment of appropriate returns to shareholders and maintaining
stable dividends.
In light of the above policy and the upward revisions to the consolidated financial results forecasts,
the Company decided to increase the dividend per share by ¥3 in both the interim dividend and theyear-end dividend (¥6 increase for the year) and revised both the interim dividend and the year-end
dividend to ¥28 respectively, making an annual dividend of ¥56 (compared with ¥48 the previous fiscalyear).
Note : The forecast performance and business plans specified in this document have been preparedbased on information available as of the date of publication, as well as on various prerequisites;
therefore, the actual results may differ from these forecasts or plans depending on various factorsthat may arise hereafter. In the event of any discrepancy between the Japanese original and thisEnglish translation, the Japanese original shall prevail.