Member of Financial Accounting Standards Foundation

Financial Results for the 3rd Quarter of the Fiscal Year Ending March 31, 2013
February 6, 2013
Listed stock exchanges: Tokyo Stock Exchange, Osaka Securities Exchange
Company name: Unitika Ltd.
Code number: 3103
URL: http://www.unitika.co.jp/e/home.htm
Representative: Kenji Yasue, President and Chief Executive Officer
Contact: Shoji Ishikawa, General Manager of Accounting Department
TEL: +81-6-6281-5721
Expected submission of quarterly report: February 13, 2013
Expected commencement date for paying dividend: –Preparation of supplementary explanation documents for quarterly financial results: No
Holding of an analyst meeting for quarterly financial results: No(Figures rounded to nearest million yen.)
1. Consolidated performance for 3rd quarter of fiscal year ending March 31, 2013 (April 1, 2012 to December 31, 2012)(1) Consolidated performance (accumulation)(Percentages represent changes from same period in previous year.)Net sales

Q3 of FY ending March 31, 2013
Q3 of FY ended March 31, 2012

(Note) Comprehensive income

Operating income%(12.1)(2.3)

Millions of yen

113,812
129,504

Ordinary income%(47.1)(0.2)

Millions of yen

3,835
7,251

%
(50.1)
0.0

Millions of yen

1,946
3,898

Quarterly net income
Millions of yen

37
2,292

%
(98.4)
0.6

Q3 of FY ending March 31, 2013: -195 million yen [%]Q3 of FY ended March 31, 2012: 1,788 million yen [-21.4%]
Quarterly net income per share

Quarterly net income per share after full dilution
Yen

Yen
0.06
4.20

Q3 of FY ending March 31, 2013
Q3 of FY ended March 31, 2012
4.04

(2) Consolidated financial situation
Total assets
Q3 of FY ending March 31, 2013
FY ended March 31, 2012

(Reference) Shareholders’ equity

Net assets

Millions of yen
270,257
268,486

Capital adequacy ratio

Millions of yen
31,96332,207

%
10.6
10.6

3rd quarter of fiscal year ending March 31, 2013: 28,566 million yen
Fiscal year ended March 31, 2012: 28,511 million yen

2. Dividend payment
Dividends per share
End of Q1

End of Q2Yen

FY ended March 31, 2012
FY ending March 31, 2013

End of Q3
Yen
0.00



0.00



Year end
Yen

FY ending March 31, 2013 (forecast)(Note) Revision of the latest dividend forecast: None

Annual
Yen
0.00

Yen
0.00

0.00

0.00

3. Forecast of consolidated performance for fiscal year ending March 31, 2013 (April 1, 2012 to March 31, 2013)(% figures represent changes from same period in previous year.)Net sales
Millions of yen

Operating income%

160,000
FY ending March 31, 2013
(8.4)
(Note) Revision of the latest forecasts of operational results: None

Ordinary income

Net income pershare

Net income%

Millions of yen%

Millions of yen%

Millions of yen

6,000 (37.4)

3,000(47.9)

700(46.1)

1.21

Millions of yen

Member of Financial Accounting Standards Foundation* Notes(1) Changes in significant subsidiaries during the period: No(2) Adoption of special accounting methods for preparing quarterly consolidated financial statements: No(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
 Changes in accounting policies due to revisions of accounting standards: No Changes of accounting policies other than the above: No Changes in accounting estimates: No
 Retrospective restatement: No(4) Number of shares outstanding (Common stock) Number of shares outstanding at end of term (including treasury stock):3rd quarter of the fiscal year ending March 31, 2013: 577,523,433 sharesFiscal year ended March 31, 2012: 572,960,324 shares Number of treasury stocks at end of term
3rd quarter of the fiscal year ending March 31, 2013: 762,810 sharesFiscal year ended March 31, 2012: 570,138 shares Average number of shares outstanding during the term (quarterly consolidated accumulated period)
3rd quarter of the fiscal year ending March 31, 2013: 576,361,394 shares
3rd quarter of the fiscal year ended March 31, 2012: 545,509,365 shares* Information on implementation of quarterly review procedures
The summary of financial statements is not subject to quarterly review procedures in accordance with the Financial Instrument s andExchange Act. At the time of disclosing the summary of financial statements, the quarterly financial statement review procedures
have been implemented.

* Explanation on appropriate use of forecasts of performance and other special items
The forward-looking statements in this document concerning forecasting of performance etc. are based on currently available
information and assumptions considered by the company to be reasonable. Such statements are neither promises nor guarantees of
future performance. The actual performance may be significantly different from the forecast due to various factors. Concerning
assumptions used as a basis for forecasting business performance and precautionary statements when using the forecast of
performance, please refer to 1. Qualitative Information on Quarterly Results (3) Qualitative information on the forecast of
consolidated results on page 3 of the attachment.

Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

 Table of contents for the attachment
1. Qualitative Information on Quarterly Results ....................................................................................... 2(1) Qualitative Information on Consolidated Results ............................................................................. 2(2) Qualitative information on financial positions .................................................................................. 3(3) Qualitative information on the forecast of consolidated results ......................................................... 3
2. Matters concerning Summary Information (Notes) ............................................................................... 3(1) Changes in significant subsidiaries during the period ....................................................................... 3(2) Adoption of special accounting methods for preparing quarterly consolidated financial
statements ....................................................................................................................................... 3(3) Changes in accounting policies, changes in accounting estimates and retrospective restatements ...... 3
3. Quarterly financial statements .............................................................................................................. 4(1) Consolidated quarterly balance sheets .............................................................................................. 4(2) Consolidated quarterly statements of income and consolidated quarterly statements ofcomprehensive income .................................................................................................................... 6
Consolidated quarterly statements of income
Nine-month period ended December 31, 2012 ................................................................................. 6
Consolidated quarterly statements of comprehensive income
Nine-month period ended December 31, 2012 ................................................................................. 7(3) Notes on going concern assumption ................................................................................................. 8(4) Notes on significant changes in shareholders’ equity ........................................................................ 8(5) Segment information ....................................................................................................................... 8-1 -Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

1. Qualitative Information on Quarterly Results(1) Qualitative Information on Consolidated Results
In the third quarter of the fiscal year ending March 31, 2013 (April 1, 2012 to December 31, 2012),
stock prices were on a recovery track in the expectation of an economic bottoming-out against a
backdrop of demand for reconstruction and the yen’s depreciation after the change in administrations.
However, the Japanese economy was in reality far from a full-fledged recovery and remained in adifficult situation, because consumer spending and employment conditions did not improve and the
deflationary trend persisted. Under these circumstances, the Unitika Group reported net sales of 113,812
million yen (down 12.1% year-on-year), operating income of 3,835 million yen (down 47.1%
year-on-year) and ordinary income of 1,946 million yen (down 50.1% year-on-year) because of adecline in sales volume in the Polymers business, etc. Net income amounted to 37 million yen (down
98.4% year-on-year), because tax expenses increased due to the reversal of deferred tax assets in thesecond quarter of this fiscal year.
Here is an overview of the business results by segment.
[Polymers]
In the Films business, a recovery in demand after inventory adjustment was moderate in the packaging
sector. Demand did not fully recover in the industrial sector, though demand for component-related
applications, such as information terminals, rebounded. Earnings decreased in both sectors, though there
were signs that demand hit the bottom.
In the Resin business, shipments of nylon for automotive applications remained robust in the first halfof the period, but demand for polyester and polyarylate resin for electric and electronics equipment andoffice equipment applications did not recover. Earnings decreased in the Resin business.
In the Non-Woven Fabric business, shipments of polyester spunbond for carpets, civil engineering androofing applications were steady, but those for sewing threads for tatami mats and agriculture nets
remained sluggish. In addition, in the cotton spunlace sector, inventory adjustment began in wet sheet
application that had grown in the previous year. Earnings dropped in the Non-Woven Fabric business.
Consequently, the Polymers business posted operating income of 5,087 million yen (down 26.3%
year-on-year) on net sales of 45,793 million yen (down 11.2% year-on-year).
[Advanced Materials]
In the Glass Fibers business, shipments for building and civil engineering refurbishment grew steadilyin the industrial material sector, but shipments of IC cloth in the electronic material sector stagnated due
to an adverse market climate. Earnings declined in the Glass Fibers business. In the Glass Beads
business, shipments for reflective materials applications, with some exceptions, remained sluggish,
while those for industrial applications and road marking applications did not recover. Earnings
diminished in the Glass Beads business. In the Activated Carbon Fibers business, shipments for water
purifiers, such as those built into faucets, were robust, but those for wastewater treatment applications
were weak due to slow recovery in demand.
Consequently, the Advanced Materials business posted operating income of 763 million yen (down
38.9% year-on-year) on net sales of 10,538 million yen (down 7.2% year-on-year).
[Fibers and Textiles]
In the Industrial Materials business, demand for ultra-high-strength polyester filament yarn for mainstay
construction and civil engineering applications did not recover. The Company had difficulty inincreasing shipments of short-fiber polyester because of fierce price competition with competingproducts, while it struggled to increase shipments of vinylon fiber, because market conditions in Europe,a main market for asbestos substitute reinforced concrete applications, remained challenging, despite its
efforts to expand sales overseas including emerging countries.
In the Garments, Lifestyle Materials, and Bedding business, earnings improved, because shipments of
uniforms continued strong and the lineup of high-functional materials was expanded in other fields.
Meanwhile, the Company had difficulty in maintaining earnings in some subsidiaries including
overseas subsidiaries due to the effects of unfavorable markets.
Consequently, the Fibers and Textiles business posted operating loss of 307 million yen (operating
income of 562 million yen in the same period of the previous year) on net sales of 49,142 million yen(down 11.9% year-on-year).

-2 -Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

[Others]
In the Health & Amenity business, sales of raw materials for functional food, such as L-arabinose andnewly-released lactobionic acid, were robust, but sales of health food and feed materials were relatively
sluggish. In the Medical business, sales of catheters for the treatment of circulatory system diseases andcatheters for thoracic drainage grew in the medical product sector. In addition, sales of clinicaldiagnostic reagents were on the whole steady, while sales of enzymes were weak in the biochemical
sector. In the Real Estate business, sales of condominiums were in line with the plan.
Consequently, the Others category posted operating income of 433 million yen (up 32.8% year-on-year)
on net sales of 8,337 million yen (down 22.7% year-on-year).
(2) Qualitative information on financial positions
Total assets increased by 1,771 million yen from the end of the previous consolidated fiscal year to270,257 million yen. This was mainly due to an increase in cash and deposits. Liabilities grew by 2,015
million yen from the end of the previous consolidated fiscal year to 238,293 million yen. This was
mainly due to an increase in loans payable. Net assets decreased by 244 million yen from the end of theprevious consolidated fiscal year to 31,963 million yen, mainly as a result of a decrease in foreign
currency translation adjustment.
(3) Qualitative information on the forecast of consolidated results
The Company announced on December 17, 2012 that a product defect occurred at UNITIKA Plant
Engineering Co., Ltd., a subsidiary of the Company. UNITIKA Plant Engineering is responding tocustomers’ inquiries and trying to fix the problem accordingly. The Company has already factored theexpenses for this incident into its budget. The negative effect on business results for the third quarter ofthe fiscal year ending March 31, 2013 is estimated to be minimal. If the Company finds the impact of
the incident on its full-year consolidated business results is likely to be significant, it will immediately
announce it.
Consequently, the Company did not revise its full-year forecasts of consolidated business results for theyear ending March 31, 2013 (April 1, 2012 to March 31, 2013) announced on October 31, 2012.
2. Matters concerning Summary Information (Notes)(1) Changes in significant subsidiaries during the period
Not applicable(2) Adoption of special accounting methods for preparing quarterly consolidated financial statements
Not applicable(3) Changes in accounting policies, changes in accounting estimates and retrospective restatements
Not applicable-3 -Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

3. Quarterly financial statements(1) Consolidated quarterly balance sheets(Unit: Millions of yen)Previous consolidated
fiscal year
(March 31, 2012)
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Inventories
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Land
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total noncurrent assets
Total assets-4 -Q3 of FY ending March 2013
(December 31, 2012)

15,361
39,88447,7975,600(217)
108,425

18,45041,02647,321
4,089(199)
110,688

104,766
48,378153,145

104,752
48,208
152,961

21
751
773

16
832
848

6,657
(515)
6,141
160,060
268,486

6,138
(379)
5,758
159,568
270,257

Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

(Unit: Millions of yen)Previous consolidated
fiscal year
(March 31, 2012)
Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term loans payable
Current portion of long-term loans payable
Income taxes payable
Provision for bonuses
Provision for loss on construction contracts
Provision for business structure improvement
Other
Total current liabilities
Noncurrent liabilities
Long-term loans payable
Provision for retirement benefits
Provision for directors’ retirement benefits
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
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets-5 -Q3 of FY ending March 2013
(December 31, 2012)25,191
69,993
34,613
515
1,848
23
142
11,693144,022

20,41069,061
36,633313
853—
40
13,076140,388

68,601
7,189
58
16,40592,255236,278

73,2687,610
53
16,972
97,904
238,293

26,298
4,161
(646)
(55)
29,757

26,298
4,385
(599)
(43)
30,039

26

53

4
2,764
(4,041)(1,245)
3,696
32,207
268,486(0)2,754(4,281)(1,473)
3,397
31,963
270,257

Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

(2) Consolidated quarterly statements of income and consolidated quarterly statements of comprehensive
income(Consolidated quarterly statements of income)(Nine-month period ended December 31, 2012)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Foreign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Equity in losses of affiliates
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of noncurrent assets
Gain on negative goodwill
Total extraordinary income
Extraordinary loss
Loss on disposal of noncurrent assets
Loss on valuation of investment securities
Loss on abolishment of retirement benefit plan
Other
Total extraordinary loss
Income before income taxes and minority
interests
Income taxes-current
Income taxes-deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

Nine-month period
ended December 31, 2011
(April 1, 2011 to
December 31, 2011)
129,504
104,140
25,364
18,112
7,251(Unit: Millions of yen)
Nine-month period
ended December 31, 2012
(April 1, 2012 to
December 31, 2012)
113,81292,333
21,47917,643
3,835

107
101
—
719
928

85
90
202
575
953

2,461
197
1,622
4,282
3,898

2,301
53
487
2,843
1,946

16
—
16

816
48
865

422
9
299
800
1,531
2,384

348
151
—
458
959
1,852

331
(283)
47
2,336
43
2,292

399
1,399
1,798
54
16
37

-6 -

Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

(Consolidated quarterly statements of comprehensive income)(Nine-month period ended December 31, 2012)

Income before minority interests

Nine-month period ended
December 31, 2011
(April 1, 2011 to
December 31, 2011)
2,336(Unit: Millions of yen)
Nine-month period ended
December 31, 2012
(April 1, 2012 to
December 31, 2012)
54

(84)
(41)
150
(547)
(24)

26
(6)
—
(263)
(5)

(548)
1,788

(249)
(195)

1,750

(180)

37

(14)

Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
Revaluation reserve for land
Foreign currency translation adjustment
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive income(Comprehensive income attributable to)Comprehensive income attributable to owners of
the parent
Comprehensive income attributable to minority
interests-7 -Unitika Ltd. (3103)

Financial results for 3rd quarter of fiscal year ending March 31, 2013

(3) Notes on going concern assumption
Not applicable(4) Notes on significant changes in shareholders’ equity
Not applicable(5) Segment information[Segment Information]
Nine-month period ended December 31, 2011 (April 1, 2011 to December 31, 2011)
Information on net sales, income or loss by reportable segment(Unit: Millions of yen)
Reportable segment
Polymers

Advanced Fibers &Materials Textiles

Total

Other
(Note 1)

Total

Adjustment(Note 2)

Figure in quarterly
consolidated
statements ofincome(Note 3)

Net sales
Net sales to outside customers
Inter-segment sales or transfers

51,557
14

11,35334

55,807
176

118,719225

10,785 129,504
1,446
1,672

—
(1,672)

129,504—

Total

51,572

11,38855,983

118,944

12,232 131,176(1,672)

129,504

Segment income
6,900
1,249
562
8,711
326
9,038
(1,786)
7,251(Notes) 1. Other includes the Environmental Business, Medical Business, Health & Amenity Business, and Real Estate-related
Business.
2. Adjustment of 1,786 million yen for Segment income includes corporate expenses that are not allocated to eachreportable segment.
3. Segment income is adjusted with operating income in quarterly consolidated statements of income.

Nine-month period ended December 31, 2012 (April 1, 2012 to December 31, 2012)
Information on net sales, income or loss by reportable segment(Unit: Millions of yen)
Reportable segment
Polymers

Advanced Fibers &Materials Textiles

Total

Other
(Note 1)

Total

Adjustment(Note 2)

Figure in quarterly
consolidated
statements ofincome(Note 3)

Net sales
Net sales to outside customers
Inter-segment sales or transfers

45,79318

10,53841

49,142
170

105,474230

8,337 113,812
1,722
1,953

—
(1,953)

113,812—

Total

45,812

10,57949,313

105,705

10,060 115,766(1,953)

113,812Segment income (loss)
5,087
763
(307)
5,542
433
5,976
(2,141)
3,835(Notes) 1. Other includes the Environmental Business, Medical Business, Health & Amenity Business, and Real Estate-related
Business.
2. Adjustment of 2,141 million yen for Segment income(loss) includes corporate expenses that are not allocated to eachreportable segment.
3. Segment income (loss) is adjusted with operating income in quarterly consolidated statements of income.

-8 -