Member of Financial Accounting Standards Foundation

Financial Results for the 1st Quarter of the Fiscal Year Ending March 31, 2022
August 5, 2021
Listed stock exchanges: Tokyo Stock Exchange
Company name: Unitika Ltd.
Code number: 3103
URL: https://www.unitika.co.jp/e/home.htm
Representative: Shuji Ueno, President and Chief Executive Officer
Contact: Masumi Fujimoto, General Manager of Accounting Department
TEL: +81-6-6281-5721
Expected submission of quarterly report: August 10, 2021
Expected commencement date for paying dividend: –Preparation of supplementary explanation documents for quarterly financial results: None
Holding of an analyst meeting for quarterly financial results: None
(Figures rounded down to nearest million yen.)
1. Consolidated performance for 1st quarter of fiscal year ending March 31, 2022 (April 1, 2021 to June 30, 2021)(1) Consolidated performance (accumulation)(Percentages represent changes from same period in previous year.)Net sales

Millions of yen

Q1 of FY ending March 31, 2022
Q1 of FY ended March 31, 2021

(Note) Comprehensive income

28,057
27,290Operating profit%—(10.0)

Millions of yen

2,109
1,566

Quarterly profit
attributable to owners ofparentOrdinary profit
%

34.6
7.0

Millions of yen

1,781
903

Millions of yen

%

1,259
315

97.2
(17.3)%

298.6—

Q1 of FY ending March 31, 2022: 2,317 million yen [352.5%]
Q1 of FY ended March 31, 2021: 512 million yen [—%]
Quarterly profit per share

Diluted quarterly profit per share

Yen
Yen
Q1 of FY ending March 31, 2022
20.45
10.56
Q1 of FY ended March 31, 2021
4.09
2.16
(Note) The Accounting Standard for Revenue Recognition (Accounting Standards Board of Japan (ASBJ) Statement No. 29, March 31, 2020), etc. havebeen applied from the beginning of the first quarter of the consolidated fiscal year ending March 31, 2022. Accordingly, net sales for the firstquarter of the consolidated fiscal year ending March 31, 2022 show the amount after the above-mentioned accounting standard, etc. has been
applied, and the year-on-year percentage change in net sales for the first quarter of the consolidated fiscal year ending March 31, 2022 has been
omitted from the table above.

(2) Consolidated financial situation
Total assets
Q1 of FY ending March 31, 2022
FY ended March 31, 2021

(Reference) Shareholders’ equity

Millions of yen
192,288
190,403

Net assets

Capital adequacy ratio

Millions of yen
43,18841,192

%
21.5
20.7

1st quarter of fiscal year ending March 31, 2022: 41,361 million yen
Fiscal year ended March 31, 2021: 39,476 million yen

2. Dividend payment
Annual dividend per share
End of Q1
FY ended March 31, 2021
FY ending March 31, 2022

End of Q2YenFY ending March 31, 2022 (forecast)(Note) Revision of the latest dividend forecast: None

End of Q3
Yen
0.00
0.00

Year end
Yen

Total



Yen
0.00

Yen
0.00



0.00

0.00

(Note) The above-mentioned Dividend payment refers to dividends paid to the holders of common stock. For details of dividend payment to the holdersof class shares (unlisted), the rights of which are different from those of common stock, please refer to Dividend payment to the holders of class shares
mentioned below.

Member of Financial Accounting Standards Foundation

3. Forecast of consolidated performance for fiscal year ending March 31, 2022 (April 1, 2021 to March 31, 2022)(Percentages represent changes from same period in previous year.)Net sales
1st half of FY ending March
31, 2022 (cumulative)
FY ending March 31, 2022

Operating profit

Profit attributable toowners of parent

Ordinary profit

Profit per share

%

Yen

67.6

1,700 (54.4)

26.69

4.1

4,700

75.94

Millions of yen%

Millions of yen%

Millions of yen%

55,000



3,400

21.5

2,700

113,000



7,000

16.3

5,600

Millions of yen

21.6(Note) Revision of the latest forecasts of operational results: Yes(Note) The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020), etc. have been applied from the beginning of thefirst quarter of the consolidated fiscal year ending March 31, 2022. Accordingly, the above-mentioned forecast of consolidated performance for the
fiscal year ending March 31, 2022 shows the amounts after the above-mentioned accounting standard, etc. has been applied, and the year-on-year
percentage changes in net sales for the first half of the consolidated fiscal year ending March 31, 2022 and for the full year of the consolidated fiscal
year ending March 31, 2022 have been omitted from the table above.

* Notes(1) Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying change of scope of
consolidation): None
New companies: ― (company name)
Excluded companies: ― (company name)(2) Adoption of special accounting methods for preparing quarterly consolidated financial statements: None
(3) Changes in accounting policies, changes in accounting estimates and retrospective restatement
 Changes in accounting policies due to revisions of accounting standards: Yes
 Changes of accounting policies other than the above: None
 Changes in accounting estimates: None Retrospective restatement: None

(Note) For details, please refer to 2. Quarterly Consolidated Financial Statements and Main Notes (3) Notes on quarterly consolidated financial
statements (Changes in accounting policies) on page 8 of the attachment.

(4) Number of shares outstanding (Common stock) Number of shares outstanding at end of term (including treasury stock):
1st quarter of the fiscal year ending March 31, 2022: 57,752,343 sharesFiscal year ended March 31, 2021: 57,752,343 shares Number of treasury shares at end of term
1st quarter of the fiscal year ending March 31, 2022: 95,256 sharesFiscal year ended March 31, 2021: 95,236 shares Average number of shares outstanding during the term (quarterly consolidated accumulated period)
1st quarter of the fiscal year ending March 31, 2022: 57,657,096 shares
1st quarter of the fiscal year ended March 31, 2021: 57,657,967 shares* This brief report of quarterly financial statements is not subject to audit procedures by a certified public accountant or an independent
auditor.
* 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 andassumptions 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 forecasts due to various factors. Concerning assumptions used as a basis for forecasting businessperformance and precautionary statements when using the forecast of performance, please refer to 1. Qualitative Information on Quarterly Results(3) Explanation of future forecast information including forecast of consolidated performance on page 3 of the attachment.

Member of Financial Accounting Standards Foundation

Dividend payment to the holders of class shares
The breakdown of dividends per share related to class shares, the rights of which are different from those of common stock, is asfollows:
Annual dividends
End of Q1
Class A share
FY ended March 31, 2021
FY ending March 31, 2022

Yen
—
—

FY ending March 31, 2022 (forecast)Class B share
FY ended March 31, 2021
FY ending March 31, 2022
FY ending March 31, 2022 (forecast)

Yen
—
—

End of Q2

End of Q3

Yen
0.00

Yen
—

0.00

—
Yen

Year end

Total

Yen
12,000.00

Yen
12,000.00

12,000.00

12,000.00
Yen
23,740.00
23,740.00

Yen
0.00

—

Yen
23,740.00

0.00—

23,740.00

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

 Table of contents for the attachment
1. Qualitative Information on Quarterly Results................................................................................................... 2(1) Explanation of operational results ................................................................................................................ 2(2) Explanation of financial position ................................................................................................................. 3(3) Explanation of future forecast information including forecast of consolidated performance ...................... 3
2. Quarterly Consolidated Financial Statements and Main Notes ........................................................................ 4(1) Quarterly consolidated balance sheets ......................................................................................................... 4(2) Quarterly consolidated statements of income and quarterly consolidated statements ofcomprehensive income ................................................................................................................................ 6
Quarterly consolidated statements of income
Three-month period ended June 30, 2021 .............................................................................................. 6
Quarterly consolidated statements of comprehensive income
Three-month period ended June 30, 2021 .............................................................................................. 7(3) Notes on quarterly consolidated financial statements .................................................................................. 8(Notes on assumption of going concern) ..................................................................................................... 8(Notes on a significant change in shareholders’ equity) .............................................................................. 8(Changes in accounting policies)................................................................................................................. 8(Additional information ) ............................................................................................................................ 8(Segment information, etc.) ......................................................................................................................... 9-1-

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

1. Qualitative Information on Quarterly Results(1) Explanation of operational results
The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020), etc. have been
applied from the beginning of the first quarter of the consolidated fiscal year ending March 31, 2022 (April 1, 2021
to June 30, 2021). Accordingly, net sales for the first quarter of the consolidated fiscal year ending March 31, 2022
decreased from the first quarter of the previous consolidated fiscal year. Thereby, in the explanation on operational
results for the first quarter of the consolidated fiscal year ending March 31, 2022, the Company explained net sales
without describing the year-on-year percentage change.
During the first quarter of the consolidated fiscal year under review, the Japanese economy divided into two
opposites. The re-declaration of a State of Emergency sent service businesses, such as restaurants and hotels, into atailspin, while manufacturing industries showed steady recovery supported by robust demand from overseas. On theother hand, the global economy was on a recovery path against the background of a rebound in demand in Europe,
the U.S. and China, where vaccinations progressed faster than other areas. However, the global economic outlook
continued to be uncertain due to a worldwide spread of new coronavirus (hereinafter “COVID-19”) variants.
Under these circumstances, the Unitika Group has been endeavoring to realize the building of strong businessportfolios, promotion of global business development, and a change in business culture and mind-set—the Group’s
basic policies that place the strengthening of the foundation for a growth phase as the highest priority under GSTEP30, the 1st, a medium-term management plan announced in May 2020.
Consequently, the Group reported net sales of 28,057 million yen (versus net sales of 27,290 million yen in theprevious year), operating profit of 2,109 million yen (up 34.6% year on year), ordinary profit of 1,781 million yen(up 97.2% year on year), and profit attributable to owners of parent of 1,259 million yen (up 298.6% year on year)
in the first quarter of the consolidated fiscal year under review. The application of the Accounting Standard for
Revenue Recognition, etc. caused net sales to decrease by 879 million yen.
Here is an overview of the business results by segment.
[Polymers Segment]
In the Films business, sales volume increased, contributing to steady growth, despite the negative impact of rising
raw material prices. The packaging sector saw sales grow steadily due to a rise in demand from staying at home.
Furthermore, sales of high-value-added products, such as EMBLEM HG, a barrier nylon film, continued to growrobustly in Japan and overseas. P.T. EMBLEM ASIA, a subsidiary in Indonesia, also performed solidly. In theindustrial sector, sales were robust, mainly in semiconductor-related applications. In addition, sales of high-valueadded products, such as UNIPEEL, a silicon-free release PET film, also increased steadily.
In the Plastics business, sales for automotive applications increased strongly and shipments for electrical andelectronics applications were also steady, although there was negative impact from a rise in raw material prices.
Sales of nylon resins increased due to a recovery in demand for mainly automotive-related applications, which
decreased due to the impact of the COVID-19 pandemic in the previous year. Furthermore, sales of U-Polymer, apolyarylate resin, grew robustly for information terminal equipment applications. Sales of other raw materials werealso strong since demand was on the rebound for capital-expenditure-related and construction materials, etc.
applications.
Consequently, the Polymers segment posted operating profit of 2,198 million yen (up 61.1% year on year) on net
sales of 12,504 million yen (versus net sales of 10,123 million yen in the previous year). The application of the
Accounting Standard for Revenue Recognition, etc. caused net sales to increase by 803 million yen.
[Performance Materials Segment]
In the Activated Carbon Fibers business, sales for mainstay water purifier applications were sluggish for some
applications, including commercial-use applications, due to the impact of the COVID-19 pandemic. However,demand for other applications, in general, was on the rebound. Sales for both environment-related and automotive
applications were steady.
In the Glass Fibers business, in the industrial materials sector, sales of incombustible sheets were weak for buildingrelated applications since demand for private capital expenditures didn’t recover. Furthermore, sales of filters werealso sluggish for environment-related applications. In the electronic materials sector, sales of IC cloth remainedrobust for semiconductor and module applications, such as products for information terminal equipment andperipheral equipment. Sales of high-value-added products, including super-thin products and materials with low
thermal expansion, were robust.
In the Glass Beads business, sales for road and reflective material applications almost recovered from the decreasein demand caused by the impact of the COVID-19 pandemic in the previous year. Sales for industrial applications,mainly automotive, were also steady.
In the Non-woven Fabrics business, sales for building and automotive applications moderately recovered from thedecline in sales due to the impact of the COVID-19 pandemic in the previous year. Sales for skin care applications
continued to be sluggish due to the impact of self-restraint concerning nonessential outings. On the other hand,demand stabilized for daily product applications, such as medical gowns, and for sanitary material applications,such as disinfectant sheets, which increased sharply in the previous year.
In the Industrial Materials business, sales of polyester staple fibers grew steadily due to a rise in demand for filter
applications. Furthermore, sales of ultra-high-strength polyester filament yarns for building and civil engineering-2-Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

applications gradually recovered from the decline caused by the COVID-19 pandemic.
Consequently, the Performance Materials segment posted operating profit of 82 million yen (down 56.6% year onyear) on net sales of 8,445 million yen (versus net sales of 7,495 million yen in the previous year). The applicationof the Accounting Standard for Revenue Recognition, etc. caused net sales to increase by 554 million yen.
[Fibers and Textiles Segment]
In the Garments, Lifestyle Materials and Bedding business, sales for medical gowns, whose orders grew in theprevious year, leveled off. Sales in the uniform sector, a mainstay of this business, in general, remained very weaksince demand was sluggish mainly for the service and office-related sectors as well as the women’s and sport
clothing sectors, although there were some signs of recovery in demand for some applications and sales for medical
applications were steady.
Consequently, the Fibers & Textiles posted an operating loss of 165 million yen (versus an operating profit of 82
million yen in the previous year) on net sales of 7,093 million yen (versus net sales of 9,663 million yen in theprevious year).
The application of the Accounting Standard for Revenue Recognition, etc. caused net sales to decrease by 2,237
million yen.
[Others]
The Others category posted an operating loss of 1 million yen (versus an operating loss of 10 million yen in theprevious year) on net sales of 14 million yen (versus net sales of 8 million yen in the previous year). The applicationof the Accounting Standard for Revenue Recognition, etc. didn’t have impact on net sales.
(2) Explanation of financial position
Total assets increased by 1,884 million yen from the end of the previous consolidated year to 192,288 million yen
mainly due to a rise in inventories. Liabilities fell by 111 million yen from the end of the previous consolidated year
to 149,099 million yen. This was primarily due to a decline in long-term borrowings. Net assets increased by 1,996
million yen from the end of the previous consolidated year to 43,188 million yen. This was mainly due to a rise inretained earnings caused by the posting of profit attributable to owners of parent.
(3) Explanation of future forecast information including forecast of consolidated performance
For details of the forecast of consolidated performance, please refer to Notice Regarding the Revision of the Forecastof Consolidated Performance announced on August 5, 2021.

-3-

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

2. Quarterly Consolidated Financial Statements and Main Notes(1) Quarterly consolidated balance sheets

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable-trade
Notes and accounts receivable-trade, andcontract assets
Inventories
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Machinery, equipment and vehicles, net
Land
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets(Unit: Millions of yen)
Q1 of current consolidated fiscal
year ending March 2022
(June 30, 2021)

Previous consolidated
fiscal year
(March 31, 2021)-4-

23,37029,182

23,312——

29,077

26,033
2,595(91)
81,08827,1712,707(88)
82,181

20,10862,647
20,255103,010

20,64562,69420,604
103,944

1,991
1,991

1,949
1,949

4,378
(65)
4,312
109,314
190,403

4,277
(63)
4,213
110,107
192,288

Unitika Ltd. (3103)

Liabilities
Current liabilities
Notes and accounts payable-trade
Short-term borrowings
Current portion of long-term borrowings
Income taxes payable
Provision for bonuses
A product repair reserve fund
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Retirement benefit liability
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Share capital
Capital surplus
Retained earnings
Treasury shares
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
Remeasurements of defined benefit plans
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

(Unit: Millions of yen)
Q1 of current consolidated fiscal
year ending March 2022
(June 30, 2021)

Previous consolidated
fiscal year
(March 31, 2021)-5-13,606
2,130
2,664
923
1,770
40
10,21031,346

15,540
2,115
2,661
241
953
37
9,861
31,41192,002
14,324
11,537
117,864
149,211

91,142
14,546
11,999117,688
149,099

100
13,126
25,695(57)
38,865100
13,126
26,633(57)
39,803

480

457

16
6,313
(4,374)(1,823)24
6,313(3,481)(1,756)

611

1,558

1,715
41,192
190,403

1,826
43,188
192,288

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

(2) Quarterly consolidated statements of income and quarterly consolidated statements of comprehensive income(Quarterly consolidated statements of income)(Three-month period ended June 30, 2021)(Unit: Millions of yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Rental income
Subsidy income
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share of loss of entities accounted for using
equity method
Foreign exchange losses
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sales of non-current assets
Insurance claim income
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Loss on tax purpose reduction entry of noncurrent assets
Loss on valuation of investment securities
Provision for loss on litigation
Other
Total extraordinary losses
Profit before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
ProfitProfit (loss) attributable to non-controlling interests
Profit attributable to owners of parent

Three-month period
Three-month period
ended June 30, 2020
ended June 30, 2021
(April 1, 2020 to June 30, 2020) (April 1, 2021 to June 30, 2021)
27,29028,057
20,55920,664
6,731
7,393
5,164
5,284
1,566
2,109

-6-

14
40
21
—
134
211

16
26
21
72
85
222

290

281

18

2

463
102
875
903

153
113
550
1,781

79
—
79

—
545
545

253

143

—

398

24
26
6
310
672
131
234
366
305
(10)
315

—
—
20
562
1,764
165
336
501
1,262
3
1,259

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

(Quarterly consolidated statements of comprehensive income)(Three-month period ended June 30, 2021)

ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net oftax
Total other comprehensive income
Comprehensive income(Comprehensive income attributable to)Comprehensive income attributable to owners ofparentComprehensive income attributable to noncontrolling interests(Unit: Millions of yen)Three-month period
Three-month period
ended June 30, 2020
ended June 30, 2021
(April 1, 2020 to June 30, 2020) (April 1, 2021 to June 30, 2021)
305
1,262

-7-

38

(23)

(4)
69

8
1,001

103

67

206
512

1,055
2,317

534

2,206

(21)

111

Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

(3) Notes on quarterly consolidated financial statements(Notes on assumption of going concern)
Not applicable(Notes on a significant change in shareholders’ equity)
Not applicable(Changes in accounting policies)(Application of Accounting Standard for Revenue Recognition, etc.)
The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020; hereinafter“Revenue Recognition Standard”), etc. have been applied from the beginning of the first quarter of theconsolidated fiscal year ending March 31, 2022. The Company recognizes revenue in the amount that it expects
to receive in exchange for promised goods or services at the time control of the goods or services is transferred
to customers.
Thereby, if the Company’s performance obligation is to arrange for the provision of goods or services promised
to customers by another party, the Company, as an agent, recognizes revenue on a net basis.
Consequently, net sales and cost of sales for the first quarter of the consolidated fiscal year ending March 31,
2022 each decreased by 879 million yen.
The Revenue Recognition Standard, etc. were applied in accordance with the transitional treatment set forth in
the proviso of Paragraph 84 of the Revenue Recognition Standard. However, these changes had no impact on
the balance of retained earnings at the beginning of the consolidated fiscal year ending March 31, 2022.
Due to the application of the Revenue Recognition Standard, etc., “Notes and accounts receivable-trade” in“Current assets” on the consolidated balance sheets for the previous consolidated fiscal year were stated as“Notes and accounts receivable-trade, and contract assets” from the first quarter of the consolidated fiscal year
ending March 31, 2022. According to the transitional treatment set forth in Paragraph 89-2 of the Revenue
Recognition Standard, comparative information for the previous consolidated fiscal year was not reclassified by
the new method of presentation. Furthermore, in compliance with the transitional treatment set forth inParagraph 28-15 of the “Accounting Standard for Quarterly Financial Reporting” (ASBJ Statement No. 12,
March 31, 2020), information on the breakdown of revenue generated from contracts with customers for the
first quarter of the previous consolidated fiscal year was not shown.
(Application of Accounting Standard for Fair Value Measurement, etc.)
The Accounting Standard for Fair Value Measurement (ASBJ Statement No. 30, July 4, 2019; hereinafter “Fair
Value Measurement Standard”), etc. have been applied from the beginning of the first quarter of the consolidated
fiscal year ending March 31, 2022. In accordance with the transitional treatment prescribed in Paragraph 19 of
the Fair Value Measurement Standard and Paragraph 44-2 of the Accounting Standard for Financial Instruments(ASBJ Statement No. 10, July 4, 2019), the Company has decided to apply the new accounting policies set forth
by the Fair Value Measurement Standard into the future. These changes had no impact on the quarterly
consolidated financial statements.
(Additional information)(Application of tax effect accounting for the transition from the consolidated taxation system to the group tax
sharing system)
As to items subject to transition to the group tax sharing system, established under the Act for Partial Revisionof the Income Tax Act (Act No. 8 of 2020), and items reviewed under the non-consolidated taxation system inconjunction with the transition to the group tax sharing system, the Company and some of its consolidated
subsidiaries in Japan have not applied the provisions in Paragraph 44 of the Implementation Guidance on Tax
Effect Accounting (ASBJ Guidance No. 28, February 16, 2018) in accordance with the treatment underParagraph 3 of the Practical Solution on the Treatment of Tax Effect Accounting for the Transition from theConsolidated Taxation System to the Group Tax Sharing System (ASBJ Practical Issues Task Force (PITF) No.
39, March 31, 2020), and the amounts of deferred tax assets and deferred tax liabilities were based on theprovisions of the Income Tax Act before the revision.
(Impact of the COVID-19 pandemic)
As to the assumption on the impact of the COVID-19 pandemic that the Group described in the Securities Report(material accounting estimates) for the previous consolidated fiscal year, there were no material changes in thefirst quarter of the consolidated fiscal year ending March 31, 2022.

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Unitika Ltd. (3103)

Financial Results for 1st Quarter of Fiscal Year Ending March 31, 2022

(Segment information, etc.)[Segment information]
I. Three-month period ended June 30, 2020 (April 1, 2020 to June 30, 2020)
1. Information on net sales, income or loss by reportable segment
Reportable segment
Polymers

Performance Fibers &TextilesMaterials

Total

Other
(Note 1)

(Unit: Millions of yen)
Total

Amount posted in
Adjustment Quarterly consolidated(Note 2)statements of income(Note 3)

Net sales
Net sales to outside customers

10,123

7,495

9,663

27,282

8

27,290—27,290Inter-segment sales or transfer

2,060

1,143

50

3,255

—

3,255

(3,255)—

Total

12,184

8,639

9,714

30,537

8

30,546(3,255)27,290

1,364

189

82

1,636

(10)

1,626

(59)

1,566

Segment income (loss)(Notes) 1. The Other segment includes business segments that are not included in reportable segments.
2. Adjustment of Segment income (loss) is attributable to the elimination of inter-segment transactions.
3. Segment income (loss) is adjusted with operating profit in consolidated statements of income.

II. Three-month period ended June 30, 2021 (April 1, 2021 to June 30, 2021)
1. Information on net sales, income or loss by reportable segment
Reportable segment
Polymers

Performance Fibers &TextilesMaterials

Total(Unit: Millions of yen)

Other
(Note 1)

Total

Amount posted in
Adjustment Quarterly consolidated(Note 2)statements of income(Note 3)

Net sales
Net sales to outside customers

12,504

8,445

7,093

28,04314

28,057—28,057

Inter-segment sales or transfer

1,315

439

51

1,806

—

1,806

(1,806)—

Total

13,819

8,885

7,144

29,85014

29,864(1,806)28,057

2,198

82

(165)

2,114

(1)

2,113

(4)

2,109

Segment income (loss)(Notes) 1. The Other segment includes business segments that are not included in reportable segments.
2. Adjustment of Segment income (loss) is attributable to the elimination of inter-segment transactions.
3. Segment income (loss) is adjusted with operating profit in consolidated statements of income.

2. Matters concerning the revision of reportable segments(Application of Revenue Recognition Standard, etc.)
As described in (Changes in accounting policies), the Company has changed its accounting method onrevenue recognition by applying the Revenue Recognition Standard, etc. from the beginning of the firstquarter of the consolidated fiscal year ending March 31, 2022.
Consequently, in the first quarter of the consolidated fiscal year ending March 31, 2022, compared to thoseunder the previous accounting method, net sales of the Polymers and the Performance Materials businesses
increased by 803 million yen and 554 million yen, respectively, while net sales of the Fibers & Textiles
business decreased by 2,237 million yen.

-9-