thAug 7 , 2018

Summary of Consolidated Financial Statements
Denka Company Limited
1. Consolidated Financial Results For the First Quarter Fiscal Year 2018 ( Apr to Jun )(1) Consolidated Results of Operations (Accumulated Total)
Net Sales(Millions of Yen)

(Percentages show rate of change compared with the same term of the previous year)
Profit attributable
Operating Income
Ordinary Income
to ownners of parent％(Millions of Yen)％

(Millions of Yen)％

(Millions of Yen)％FY2018 1st Quarter Apr to Jun

93,9693.76,931

7.8

8,008

8.4

6,228

3.1

FY2017 1st Quarter Apr to Jun

90,588

10.5

6,430

49.7

7,389

212.5

6,043

170.7

(Note) Comprehensive income
FY2018 1st Quarter Apr to Jun
FY2017 1st Quarter Apr to Jun(Millions of Yen)

4,926 (5,281 (△6.7 ％)－ ％)Net income per share

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

(Yen)

FY2018 1st Quarter Apr to Jun

71.07

-

FY2017 1st Quarter Apr to Jun

68.29

-

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 fiscal year 2017.

(2) Consolidated Financial Position
Total Assets

Net Assets

Equity Ratio

Net Assets per Share(Millions of Yen)

(Millions of Yen)

％

(Yen)

At end of Jun 2018

473,371

243,508

50.6

2,735.57

At end of Mar 2018

473,799242,78050.5

2,727.94(Reference) Shareholder's equity
At end of Jun 2018
At end of Mar 2018

(Millions of Yen)

239,729
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 2nd Quarter End of 3rd Quarter(Yen)

FY2017 Apr to Mar-FY2018 Apr to Mar-(Yen)(Yen)

FY2018 Apr to Mar ( Forecast )Year-end

Annual(Yen)

10.00-55.0060.00-60.00(Yen)

120.00(Note) Revisions to dividend forecasts pubulished most recently : None

The 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)

Net Sales

Operating Income Ordinary Income(Millions of Yen)％

(Millions of Yen)％FY2018 1st Half Apr to Sep

195,000

3.8

14,000△2.2

FY2018 Apr to Mar

410,000

3.6

36,0007.0(Note) Revisions to financial forecasts pubulished most recently : No

Net Income Per Share％(Yen)

13,000 △15.9

10,000 △18.5

114.11

34,00025,000285.27(Millions of Yen)％

Net Income

7.9(Millions of Yen)

8.5