Asahi Kasei Corporation
Head Office: 3-3-23 Nakanoshima, Kita-ku, Osaka, JapanTokyo Head Office: 1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, Japan
Security code: 3407
Contact: Corporate Communications, Phone +81-3-3296-3008, Fax +81-3-3296-3162
May 11, 2011

Consolidated Results for Fiscal Year 2010:
April 1, 2010 – March 31, 2011
(All figures in millions of yen, rounded to the nearest million, unless otherwise specified)

I. Summary of Consolidated Results
1. Operating results (percent change from previous year in brackets)

Net sales
Operating income
Ordinary income
Net income
Net income per share*
Diluted net income per share*
Net income/shareholders’ equity
Ordinary income/total assets
Operating income/net sales

FY 2010
1,598,387 [+11.5%]
122,927 [+113.3%]
118,219 [+109.7%]
60,288 [+138.4%]
43.11
—
9.3%
8.5%
7.7%

FY 2009
1,433,595 [−7.7%]
57,622 [+64.8%]
56,367 [+73.4%]
25,286 [+433.0%]
18.08
—
4.1%
4.1%
4.0%
* Yen

Note:
 Comprehensive income—¥45,088 million during fiscal 2010, ¥41,492 million during fiscal 2009.
 Equity in earnings of affiliates—¥2,212 million during fiscal 2010, ¥1,151 million during fiscal 2009.
2. Financial position
At fiscal year end, March
Total assets
Net assets
Net worth/total assets
Net worth per share*

2011
1,425,879
675,60246.5%
474.592010
1,368,892
644,68846.3%
452.91* Yen

Note: Net worth consists of shareholders’ equity and accumulated other comprehensive income.
 Net worth as of March 31, 2011, was ¥663,566 million; as of March 31, 2010, ¥633,343 million.
3. Cash flows
FY 2010148,128(78,838)(26,144)
134,450

Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period

Asahi Kasei
Consolidated Results

FY 2009
169,308(100,185)(75,071)
93,125

May 11, 2011
1/15

II. Cash Dividends
Cash dividends per share*
Fiscal year

Total
annualdividend
amountDividends/
consolidated
net income

Dividends/
consolidated
net worth

Q1

Q2

Q3

Q4

Total
annual

2009

—

5.00

—

5.00

10.00

13,984

55.3%

2.2%

2010
2011
(forecast)

—

5.00

—

6.00

11.00

15,381

25.5%

2.4%

—

6.00

—

7.00

13.00

26.4%
* Yen

III. Forecast for Fiscal 2011 (April 1, 2011 – March 31, 2012)(percent change from same period of previous year in brackets)

Net sales
Operating income
Ordinary income
Net income
Net income per share*

For Q1–Q2
827,000 [+8.1%]
50,500 [−20.5%]
50,500 [−15.2%]
28,500 [+0.1%]
20.38

For the fiscal year
1,724,000 [+7.9%]
120,000 [−2.4%]
122,500 [+3.6%]
69,000 [+14.5%]
49.35
*Yen

Note:
Performance forecasts are based on the best information available at this time, but actual results may diverge
from these forecasts due to a variety of factors which cannot be foreseen.
IV. Other Information
1. Changes in significant subsidiaries which affected scope of consolidation during the fiscal year:

None.

2. Changes in accounting principles/procedures, changes in methods of presentation
1) Application of Accounting Standard for Equity Method of Accounting for Investments and Practical
Solution on Unification of Accounting Policies Applied to Associates Accounted for Using the Equity
MethodAccounting Standard for Equity Method of Accounting for Investments (ASBJ Statement No. 16) andPractical Solution on Unification of Accounting Policies Applied to Associates Accounted for Using
the Equity Method (PITF No. 24) have been applied beginning from the fiscal year ended March 31,
2011. This change had no effect on the consolidated financial statements.
2) Application of Accounting Standard for Asset Retirement Obligations
Accounting Standard for Asset Retirement Obligations (ASBJ Statement No. 18) and Guidance on
Accounting Standard for Asset Retirement Obligations (ASBJ Guidance No. 21) have been applied
beginning from the fiscal year ended March 31, 2011. As a result, income before income taxes was¥1,738 million lower than it would have been if the previous method had been used. The impact on
operating income and ordinary income was immaterial.
3) Application of Accounting Standard for Business Combinations and related matters
Accounting Standard for Business Combinations (ASBJ Statement No. 21), Accounting Standard forConsolidated Financial Statements (ASBJ Statement No. 22), Partial Amendments to AccountingStandard for Research and Development Costs (ASBJ Statement No. 23), Revised AccountingStandard for Business Divestitures (ASBJ Statement No. 7), Revised Accounting Standard for Equity

Asahi Kasei
Consolidated Results

May 11, 2011
2/15

Method of Accounting for Investments (ASBJ Statement No. 16), and Revised Guidance on
Accounting Standard for Business Combinations and Accounting Standard for Business Divestitures(ASBJ Guidance No. 10) have been applied beginning from the fiscal year ended March 31, 2011.
With the application of Accounting Standard for Consolidated Financial Statements (ASBJ Statement
No. 22), the evaluation method for assets and liabilities of consolidated subsidiaries changed from thepartial fair value evaluation method to the full fair value evaluation method. The impact of thischange on the consolidated financial statements was immaterial.
3. Number of shares outstanding
Fiscal year ended March
Number of shares outstanding at end of period
Number of shares of treasury stock at end of period
Average number of shares outstanding during period

2011
1,402,616,332
4,420,688
1,398,311,136

2010
1,402,616,332
4,228,468
1,398,462,917

V. Summary of Non-Consolidated Results
1. Results for fiscal 2010 (April 1, 2010 – March 31, 2011)(1) Operating results (percent change from previous year in brackets)

Revenue
Operating income
Ordinary income
Net income
Net income per share*
Diluted net income per share*

FY 201029,009 [+41.3%]
14,160 [+77.4%]
14,753 [+68.5%]
15,694 [+58.6%]
11.22—

FY 2009
17,034 [−45.9%]
3,204 [−80.9%]
4,643 [−74.5%]
6,502 [−62.3%]
4.65
—
* Yen

(2) Financial position
At fiscal year end, March
Total assets
Net assets
Net worth/total assets
Net worth per share*2011
709,600
382,95254.0%
273.892010
718,645
388,19554.0%
277.60* Yen

2. Forecast for fiscal 2011 (April 1, 2011 – March 31, 2012)(percent change from same period of previous year in brackets)

Revenue
Operating income
Ordinary income
Net income
Net income per share*

For Q1–Q2
21,500 [+52.4%]
13,000 [+96.8%]
14,000 [+90.4%]
15,000 [+110.8%]
10.73

For the fiscal year
45,500 [+56.8%]
29,000 [+104.8%]
30,500 [+106.7%]
33,000 [+110.3%]
23.60
* Yen

Note:
Performance forecasts are based on the best information available at this time, but actual results may diverge
from these forecasts due to a variety of factors which cannot be foreseen.

Asahi Kasei
Consolidated Results

May 11, 20113/15

VI. Overview of Consolidated Results
1. Consolidated group results
The Japanese economy was recovering in the first half as corporate performance improved with the effectof government stimulus measures and thanks to economic recovery in emerging markets. In the second
half, however, the economy was severely affected by the rapid rise of the yen, a decline in automotive
sales due to the expiration of government subsidies for fuel-efficient vehicles, high feedstock prices driven
by political unrest in North Africa and the Middle East, and the impact of the Great East Japan Earthquake,
resulting in uncertainty regarding the economic outlook.
Consolidated results of Asahi Kasei Corp. and its consolidated subsidiaries and equity-method
affiliates (the Asahi Kasei Group) reflected substantially stronger performance buoyed by higher market
prices and increased overseas demand in the Chemicals segment as well as favorable performance in theHomes and Electronics segments. Net sales were ¥1,598.4 billion, an increase of ¥164.8 billion (11.5%)
from a year ago. Operating income increased by ¥65.3 billion (113.3%) from a year ago to ¥122.9 billion.
Ordinary income increased by ¥61.9 billion (109.7%) to ¥118.2 billion. Net income increased by ¥35.0
billion (138.4%) to ¥60.3 billion.
2. Results by operating segment
Beginning from the quarter ended June 30, 2010, Accounting Standard for Disclosures about Segments ofan Enterprise and Related Information (ASBJ Statement No. 17) and Guidance on Accounting Standard
for Disclosures about Segments of an Enterprise and Related Information (ASBJ Guidance No. 20) havebeen applied, resulting in six reporting segments: Chemicals, Homes, Health Care, Fibers, Electronics, andConstruction Materials.
In describing the state of the Asahi Kasei Group’s businesses by major business classification, businesses
not included in the above six reporting segments are categorized as “Others.” The “Others” category isequivalent to the previous Services, Engineering and Others segment, including plant engineering andenvironmental engineering, research and analysis, and employment agency/staffing operations.
The operating expenses of one consolidated subsidiary previously included in Services, Engineering andOthers have been included in “corporate expenses and eliminations” beginning from the quarter ended
June 30, 2010. The impact of this, which is the only change, is immaterial.
CHEMICALS
Sales increased by ¥120.1 billion (19.3%) from a year ago to ¥742.2 billion and operating income
increased by ¥38.3 billion (147.0%) to ¥64.4 billion.
Operating income in chemicals and derivative products operations increased as market prices foracrylonitrile and adipic acid remained high, buoyed by favorable demand in Asia. Operating income inpolymer products operations increased as demand recovery in automotive and electronics applications led
to greater shipments. Operating income in specialty products operations increased as home-use products
such as Saran Wrap™ as well as functional additives and coating materials performed well.
HOMES
Sales increased by ¥19.5 billion (5.0%) from a year ago to ¥409.2 billion and operating income increasedby ¥11.1 billion (43.9%) to ¥36.5 billion. Orders for order-built homes increased by ¥47.7 billion to¥354.5 billion
Operating income in order-built and pre-built homes operations increased with a rise in orders
resulting in greater deliveries of both Hebel Haus™ unit homes and Hebel Maison™ apartment buildings,
and with continuous cost reductions. Although our in-house mortgage securitization business was
impacted by an increase in the proportion of customers utilizing the “Flat 35” fixed-rate mortgage,
remodeling and real estate businesses performed well and operating income in housing-related operations
was level with a year ago.

Asahi Kasei
Consolidated Results

May 11, 2011
4/15

HEALTH CARE
Sales increased by ¥3.2 billion (2.8%) from a year ago to ¥116.4 billion and operating income increased by¥3.0 billion (76.1%) to ¥7.0 billion.
Operating income in pharmaceuticals operations increased as Recomodulin™ recombinant
thrombomodulin made a substantial contribution to results, and as shipments of the Flivas™ therapy for
benign prostatic hyperplasia increased although NHI price revisions had a negative impact on productprices. Operating income in devices-related operations increased with greater shipments of APS™
polysulfone-membrane artificial kidneys and of therapeutic apheresis devices, although the strong yen had
an impact on performance in each product category.
FIBERS
Sales increased by ¥7.6 billion (7.5%) from a year ago to ¥108.8 billion and operating income increased by¥7.0 billion to ¥4.2 billion.
Operations throughout the segment were impacted by the strong yen and high feedstock costs.
Operating income from Bemberg™ regenerated cellulose increased with substantially greater shipments in
non-lining applications such as innerwear and outerwear. Operating income from Roica™ elastic
polyurethane filament increased with growing sales of functional yarns, from nonwovens with growing
shipments in disposable diaper applications, and from Leona™ nylon 66 filament with growing shipments
in automotive applications.
ELECTRONICS
Sales increased by ¥15.6 billion (11.0%) from a year ago to ¥158.3 billion and operating income increasedby ¥7.0 billion (96.9%) to ¥14.3 billion.
Operating income in electronic devices operations increased as growth in shipments of LSIs for
smartphones and other portable devices, particularly overseas, outweighed a sharp impact from the strong
yen. In electronic materials operations, although shipments grew, most notably in Hipore™ Li-ion
battery separator, operating income decreased slightly with the impact of declining product prices and highfeedstock costs.
CONSTRUCTION MATERIALS
Sales increased by ¥0.4 billion (0.8%) from a year ago to ¥47.4 billion and operating income increased by¥0.9 (74.0%) billion to ¥2.1 billion.
Although operating costs in housing and building materials operations were reduced, operating
income decreased with fewer shipments of Hebel™ autoclaved aerated concrete panels. Operating
income in foundation system operations increased with growing shipments of Eazet™ and ATT Column™
small-scale piles in new applications. Operating income in insulation materials operations increased as
shipments of Neoma™ phenolic foam insulation panels grew substantially, supported by government
policy such as the eco-point program for energy conservation. Operating income in structural materials
operations increased with growing shipments of the BasePack™ earthquake-resistant column baseattachment system.
OTHERS
Sales decreased by ¥1.6 billion (9.2%) from a year ago to ¥16.0 billion and operating income decreased by¥0.1 billion (6.4%) to ¥1.7 billion.

Asahi Kasei
Consolidated Results

May 11, 20115/15

VII. Consolidated Financial Statements
1. Balance sheets

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable, trade
Short-term investment securities
Merchandise and finished goods
Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Buildings and structures
Accumulated depreciation
Buildings and structures, net
Machinery, equipment and vehicles
Accumulated depreciation
Machinery, equipment and vehicles, net
Land
Lease assets
Accumulated depreciation
Lease assets, net
Construction in progress
Other
Accumulated depreciation
Other, net
Subtotal
Intangible assets
Goodwill
Other
Subtotal
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Subtotal
Total noncurrent assets
Total assets

Asahi Kasei
Consolidated Results

At end ofMarch 2010

At end ofMarch 2011

93,928238,931985
124,557
75,04451,484
23,10654,027(1,654)660,408

140,319
273,414371
129,898
76,55149,79923,131
63,240(1,072)755,651

404,974(224,608)
180,366
1,169,979(1,005,094)
164,885
55,031
5,808(1,132)
4,676
27,380115,024(99,867)
15,158447,497409,263(231,474)
177,789
1,192,132(1,047,912)
144,220
55,2438,581(3,118)
5,463
22,173
118,718(105,252)
13,466418,354

5,927
28,72934,656

5,087
26,015
31,101

175,059
6,074
15,38329,962(147)
226,331
708,485
1,368,892

166,317
5,181
22,00527,507(237)
220,773
670,228
1,425,879

May 11, 20116/15

Liabilities
Current liabilities
Notes and accounts payable, trade
Short-term loans payable
Commercial paper
Lease obligations
Income taxes payable
Accrued expenses
Advances received
Provision for repairs
Provision for product warranties
Asset retirement obligations
Other
Total current liabilities
Noncurrent liabilities
Bonds payable
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for retirement benefits
Provision for directors’ retirement benefits
Provision for repairs
Asset retirement obligations
Long-term guarantee deposited
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-sale securities
Deferred gains or losses on hedges
Foreign currency translation adjustment
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets

Asahi Kasei
Consolidated Results

At end ofMarch 2010

At end ofMarch 2011

121,409
93,962
19,0001,123
12,16091,37137,815
8,191
3,607
—
46,189434,827

136,407108,889
23,000
1,522
24,08597,74552,346
3,239
2,465
512
39,668489,878

25,000121,9213,593
7,597
109,450
1,225
169—
18,321
2,101
289,378
724,204

25,00091,722
3,802
6,374
107,309
1,119
2,131
3,316
18,3401,284
260,399
750,277

103,389
79,403432,114(2,017)
612,888

103,389
79,402478,681(2,115)659,357

36,692(109)(16,128)
20,455
11,346644,688
1,368,892

29,647(140)(25,299)
4,209
12,036675,602
1,425,879

May 11, 2011
7/15

2. Statements of income and statements of comprehensive income(1) Statements of income

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Other
Total non-operating income
Non-operating expenses
Interest expense
Foreign exchange losses
Litigation expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Gain on sales of noncurrent assets
Reversal of allowance for doubtful accounts
Gain on change in equity
Gain on transfer of business
Gain on arbitration award
Total extraordinary income
Extraordinary loss
Loss on sales of investment securities
Loss on valuation of investment securities
Loss on disposal of noncurrent assets
Impairment loss
Environmental expenses
Loss on adjustment for changes of accounting standard
for asset retirement obligations
Loss on disaster
Business structure improvement expenses
Total extraordinary loss
Income before income taxes
Income taxes—current
Income taxes—deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

Asahi Kasei
Consolidated Results

FY 2009
1,433,595
1,100,688
332,907275,285
57,622

FY 2010
1,598,387
1,193,646
404,741
281,814
122,927

1,071
2,276
1,151
3,394
7,891

1,118
2,273
2,212
4,248
9,851

3,714
702
—
4,730
9,146
56,367

3,313
3,880
1,908
5,458
14,560118,219

112
152
—
153
—
6,502
6,919

416
463
84
—
736
—
1,699

—
1,918
2,944
836
1,482

380
651
4,879
2,404
1,185

—

1,240

—
10,05017,23046,056
17,107
3,377
20,483—286
25,286821
10,016
21,576
98,342
39,628(2,952)
36,67561,667
1,379
60,288May 11, 20118/15

(2) Statements of comprehensive income

Income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains or losses on hedges
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 toComprehensive income attributable to owners of theparentComprehensive income attributable to minority interests

Asahi Kasei
Consolidated Results

FY 2009—

FY 2010
61,667———(7,059)(31)(7,114)—(2,375)——(16,579)
45,088—44,042—

1,047

May 11, 20119/15

3. Statements of changes in net assets

Shareholders’ equity
Capital stock
Balance at end of previous fiscal year
Balance at end of fiscal year
Capital surplus
Balance at end of previous fiscal year
Changes during the fiscal year
Disposal of treasury stock
Total changes of items during the period
Balance at end of fiscal year
Retained earnings
Balance at end of previous fiscal year
Changes during the fiscal year
Dividends from surplus
Net income
Change of scope of consolidation
Change of scope of equity method
Total changes of items during the period
Balance at end of fiscal year
Treasury stock
Balance at end of previous fiscal year
Changes during the fiscal year
Purchase of treasury stock
Disposal of treasury stock
Total changes of items during the period
Balance at end of fiscal year
Total shareholders’ equity
Balance at end of previous fiscal year
Changes during the fiscal year
Dividends from surplus
Net income
Purchase of treasury stock
Disposal of treasury stock
Change of scope of consolidation
Change of scope of equity method
Total changes of items during the period
Balance at end of fiscal year
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Balance at end of previous fiscal year
Changes during the fiscal year
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year

Asahi Kasei
Consolidated Results

FY 2009

FY 2010

103,389
103,389

103,389
103,389

79,404

79,403(1)(1)
79,403(0)(0)
79,402418,292

432,114(11,188)
25,286(10)(267)
13,821
432,114(13,984)
60,288307(43)46,568478,681(1,946)(2,017)

(96)
25
(71)
(2,017)

(116)
18
(98)
(2,115)599,139

612,888(11,188)
25,286
(96)
24
(10)
(267)
13,749612,888(13,984)
60,288
(116)
18
307
(43)
46,469659,357

23,301

36,692

13,391
13,391
36,692(7,045)(7,045)29,647

May 11, 201110/15

Deferred gains or losses on hedges
Balance at end of previous fiscal year
Changes during the fiscal year
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year
Foreign currency translation adjustment
Balance at end of previous fiscal year
Changes during the fiscal year
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year
Total accumulated other comprehensive income
Balance at end of previous fiscal year
Changes during the fiscal year
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year
Minority interest
Balance at end of previous fiscal year
Changes during the fiscal year
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year
Total net assets
Balance at end of previous fiscal year
Changes during the fiscal year
Dividends from surplus
Net income
Purchase of treasury stock
Disposal of treasury stock
Change of scope of consolidation
Change of scope of equity method
Net changes of items other than shareholders’ equity
Total changes of items during the period
Balance at end of fiscal year

Asahi Kasei
Consolidated Results

FY 2009

FY 2010

(178)

(109)

68
68
(109)

(31)
(31)
(140)

(18,416)(16,128)

2,287
2,287
(16,128)(9,170)(9,170)(25,299)

4,708

20,455

15,747
15,747
20,455(16,246)(16,246)
4,209

7,504

11,346

3,841
3,841
11,346691
691
12,036

611,351644,688(11,188)
25,286
(96)
24
(10)
(267)
19,58833,338644,688(13,984)
60,288
(116)
18
307
(43)
(15,555)
30,914
675,602

May 11, 2011
11/15

4. Statements of cash flows

Cash flows from operating activities
Income before income taxes
Depreciation and amortization
Impairment loss
Amortization of goodwill
Amortization of negative goodwill
Increase (decrease) in provision for repairs
Increase (decrease) in provision for product warranties
Increase (decrease) in provision for retirement benefits
Interest and dividend income
Interest expense
Equity in (earnings) losses of affiliates
Loss (gain) on sales of investment securities
Loss (gain) on valuation of investment securities
Loss (gain) on sales of noncurrent assets
Loss (gain) on disposal of noncurrent assets
Loss (gain) on transfer of business
Gain on arbitration award
Decrease (increase) in notes and accounts receivable, trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable, trade
Increase (decrease) in accrued expenses
Increase (decrease) in advances received
Other, net
SubtotalInterest and dividend income, received
Interest expense, paid
Proceeds from arbitration award
Income taxes (paid) refund
Net cash provided by (used in) operating activities
Cash flows from investing activities
Payments into time deposits
Proceeds from withdrawal of time deposits
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of intangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Proceeds from purchase of investments in subsidiaries resulting inchange in scope of consolidation
Additional purchase of investments in consolidated subsidiaries
Proceeds from transfer of business
Payments of loans receivableCollection of loans receivable
Other, net
Net cash provided by (used in) investing activities

Asahi Kasei
Consolidated Results

FY 2009

FY 201046,056
86,166
836
1,089
(190)
2,187
(5,790)(1,284)(3,347)
3,714(1,151)
(112)
1,918
(152)
2,944
—
(6,502)(25,106)
33,994
1,603
2,555(2,476)
20,048157,003
4,418(3,758)6,502
5,143
169,308

98,342
84,092
2,404
1,073
(266)
(2,990)(1,139)(2,050)(3,391)
3,313(2,212)
(36)
651
(463)
4,879
(736)
—
(36,454)(4,841)
13,6186,676
15,309(3,405)
172,376
4,458(3,424)—(25,282)
148,128——(84,482)
675(6,876)(11,291)
5,272(11,720)
6,773(63,651)
1,092(5,333)(7,619)
1,303

914

—

—
—
(12,623)
11,665(3,438)(100,185)

(408)
2,538
(5,840)6,513(2,486)(78,838)

May 11, 201112/15

Cash flows from financing activities
Increase in short-term loans payable
Decrease in short-term loans payable
Proceeds from issuance of commercial paper
Redemption of commercial paper
Proceeds from long-term loans payable
Repayment of long-term loans payable
Proceeds from issuance of bonds
Redemption of bonds
Repayments of lease obligations
Purchase of treasury stock
Proceeds from disposal of treasury stock
Cash dividends paid
Cash dividends paid to minority shareholders
Other
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase (decrease) in cash and cash equivalents resulting from changeof scope of consolidation
Cash and cash equivalents at end of period

Asahi Kasei
Consolidated Results

FY 2009

FY 2010

7,744(9,956)59,000(95,000)
5,633(29,863)
20,000(20,000)
(908)
(99)
24
(11,188)
(342)
(115)
(75,071)620(5,327)98,092

71,335(72,682)
46,000(42,000)
6,910(19,878)——(1,345)(119)
18(13,984)(547)
147(26,144)(2,698)40,44993,125360

876

93,125

134,450

May 11, 2011
13/15

VIII. Segment Information
1. Reporting segments(1) Fiscal 2009

Health Care

FibersElectronics

Construction
Materials

Subtotal

Others

Total

Sales
Customers
622,093
Intersegment
16,495
Total
638,588
Operating income
26,068(loss)
Assets533,296
Other items
Depreciation
31,968
Amortization of447
goodwill
Investments inassociates
17,302
accounted for using
equity method
Increase inproperty, plant and
27,649equipment, andintangible assets

Homes

Chemicals

Reporting segments

389,72824
389,752

113,20796
113,303

101,201
1,772
102,973

142,700
1,159
143,859

47,024
13,04860,072

1,415,953
32,593
1,448,547

17,642
23,541
41,182

1,433,595
56,134
1,489,729

25,3403,999(2,764)

7,243

1,202

61,087

1,822

62,909232,031

164,161

110,426

174,131

39,981

1,254,027

46,5061,300,533

4,309

11,556

7,719

23,587

3,263

82,403799

83,201

—

635

—

6

—

1,089

—

1,089

—

356

4,228

2,315

—

24,202

16,48940,691

6,009

9,173

4,556

22,761

1,191

71,339927

72,266(2) Fiscal 2010

Asahi Kasei
Consolidated Results

Health Care

FibersElectronics

Construction
Materials

Subtotal

Others

Total

Sales
Customers
742,243
Intersegment
18,657
Total
760,899
Operating income
64,379Assets563,034
Other items
Depreciation
31,460
Amortization of443
goodwill
Investments inassociates
36,295accounted for using
equity method
Increase inproperty, plant and23,174equipment, andintangible assets

Homes

Chemicals

Reporting segments

409,224
160
409,384
36,476265,342

116,38781
116,468
7,045
165,277

108,761
1,732
110,493
4,197
102,163

158,337729
159,066
14,258
178,739

47,41814,152
61,5702,091
39,5701,582,370
35,5101,617,880
128,444
1,314,126

16,017
23,95039,968
1,706
49,2681,598,387
59,461
1,657,848
130,151
1,363,394

4,266

10,833

6,945

23,882

2,795

80,181

862

81,043

—

610

5

14

—

1,073

—

1,073

—

272

4,124

2,759

—

43,45015,97559,425

6,304

7,427

3,668

20,267

1,684

62,524981

63,505

May 11, 201114/15

2. Differences between total amounts of reporting segments and recorded amounts on consolidated financial
statements

Sales

Fiscal 2009

Fiscal 2010

Total of reporting segments

1,448,547

1,617,880

Net sales in “Others” category

41,182

39,968Elimination of intersegment sales(56,134)(59,461)

Net sales on consolidated statements of income

1,433,595

1,598,387

Operating income

Fiscal 2009

Fiscal 2010

Total of reporting segments

61,087

128,444

Operating income in “Others” category

1,822

1,706

Elimination of intersegment sales

1,438

708

Corporate expenses, etc.*(6,726)(7,932)

Operating income on consolidated statements of
57,622
122,927
income* Corporate expenses, etc. include corporate revenue, basic research expense, and group management
expense, etc. which are not allocated to reporting segments.

AssetsFiscal 2009

Fiscal 2010

Total of reporting segments

1,254,027

1,314,126

Assets in “Others” category

46,50649,268Elimination of intersegment sales(164,202)(167,618)

Corporate assets*

232,562

230,103

1,368,892

1,425,879

Total net assets on consolidated balance sheets* Corporate assets include assets of Asahi Kasei Corp. and those of a financial subsidiary—surplus
operating funds (cash and deposits), long-term investment capital (investment securities, etc.), and land,
etc.
IX. Geographic information(1) Net sales
Fiscal 2010

Japan

China

Other
regions

Total

Net sales

1,149,098

169,637

279,652

1,598,387(2) Property, plant and equipment
Geographic information is not shown because over 90% of the amount of property, plant and equipment on
the consolidated balance sheets is located in Japan.

Asahi Kasei
Consolidated Results

May 11, 201115/15