February 7, 2019

Summary of Consolidated Financial Statements
Denka Company Limited
1. Consolidated Financial Results For the third Quarter of Fiscal Year 2018 ( April to December )(1) Consolidated Results of Operations (Accumulated Total)
Net Sales(Percentages show rate of change compared with the same term of the previous year)
Profit attributable
Operating Income
Ordinary Income
to owners of parent(Millions of Yen)％

(Millions of Yen)％

(Millions of Yen)％

(Millions of Yen)％FY2018 3rd Quarter Apr to Dec

310,284

5.9

24,827-1.2

24,261-5.3

18,422-2.8FY2017 3rd Quarter Apr to Dec

293,130

9.9

25,14234.0

25,621

46.5

18,947

39.8(Note) Comprehensive income
FY2018 3rd Quarter Apr to Dec
FY2017 3rd Quarter Apr to Dec(Millions of Yen)

16,210 ( -29.2％)
22,885 ( 110.9％)

Net income per share

Net income per share(basic)(diluted)
(Yen)

(Yen)

210.23215.05FY2018 3rd Quarter Apr to Dec
FY2017 3rd Quarter Apr to Dec-The Company has consolidated its shares in the proportion of 5 common shares to 1 common share, effective as of October 1, 2017.
Net income per share is calculated under the assumption that the consolidation of shares was implemented at the beginning of the preceding fiscal year.

(2) Consolidated Financial Position
Total Assets

Equity Ratio

Net Assets per Share(Millions of Yen)

％

(Yen)

495,961473,799

249,426
242,78049.6
50.5

2,805.98
2,727.94

At end of Dec 2018
At end of Mar 2018
(Reference) Shareholder's equity
At end of Dec 2018
At end of Mar 2018

Net Assets(Millions of Yen)

(Millions of Yen)

245,895
239,063

We have applied the Partial Amendment to Accounting Standard for Tax Effect Accounting (ASBJ Statement No. 28; February 16, 2018) since the beginning of the current
consolidated accounting period. With regard to the consolidated financial position for the year ending March 31, 2018, the figures released will be those resulting fromretroactive application of the standard.

2. Dividends
Dividend per share
End of 1st Quarter End of 1st Half End of 3rd Quarter(Yen)

FY2017 Apr to Mar
FY2018 Apr to Mar
FY2017 Apr to Mar ( Forecast )

──
──

10.00
60.00

Year-end(Yen)(Yen)

Annual(Yen)

──

55.00

──

60.00

(Yen)

120.00(Note) Revisions to dividend forecasts published most recently : NoThe Company has consolidated its shares in the proportion of 5 common shares to 1 common share, effective as of October 1, 2017. As for the year-end dividends for thefiscal year ending March 31, 2018, we quote the amount that takes into account the impact of the said share consolidation.
The actual dividend that take into account the share consolidatiion for the fiscal year ending March 31, 2018 is as follows
Cash dividends per share (end of 2Q) : 50.00 yen( Annual ) : 105.00 yen

3. Consolidated Forecasts for the Fiscal Year Ending(Percentages show rate of change compared with the same term of the previous year)
Profit attributable
Net Income Per Share
Operating Income Ordinary Income
to owners of parent

Net Sales

FY2018 Apr to Mar(Millions of Yen)％

(Millions of Yen)％

(Millions of Yen)％

(Millions of Yen)％(Yen)

410,000

3.6

36,0007.0

34,0007.9

25,0008.5

285.27(Note) Revisions to financial forecasts pubulished most recently : No