Kurita Water Industries Ltd.
Management Briefing(Securities code: 6370)

May 2017

Table of Contents
１ Policy for the Final Year of Competitive Kurita 2017 (CK-17) Plan
２ Acceleration of Business Expansion Overseas
３ Acquisition of Leading-Edge Technologies and New Development
４ Promotion of Services Business
５ Improvement of Capital Efficiency
６ Acquisition of Own Shares and Retirement of Treasury Stock
７ Sales Plan for the Ultrapure Water Supply Business
８ Major Contracts in the Ultrapure Water Supply Business
９ Enhancing CSR Activities

1. Policy for the Final Year of Competitive Kurita 2017 (CK-17) Plan

Basic policy
Improve customer intimacy by providing the best
customer solutions

Reconfigurebusiness
processes withuse of information
technologies

Invest in focused
growth areas andreorganize
business portfolio

Enhancecompetitive
advantage andreduce risk bystepping up
CSR activities

12. Acceleration of Business Expansion Overseas (1)Establish a businessbase in North America
through M&A

Kurita Europe GmbH
Fremont Industries, LLC
Kurita Turkey Kimya A.S.

Establish Kurita
Middle East FZE

Establish Kurita-GK
Vietnam Co., Ltd.

Developing service businessmodels, including the ultrapure
water supply business andwastewater reclamation
A new water treatment
chemicals plant inMalaysia

Technology, business model, goods

22. Acceleration of Business Expansion Overseas (2)Acquisition targets
West Coast andMountain States

Midwest States

NortheastStates Indigenous sales network
 Unique technologies

Southwest and Texas

Southeast States

Business base acquired from Fremont Industries
Products

Customers

Boiler water treatment chemicals,cooling water treatment chemicals,
and wastewater treatment chemicals

2,000 companies in areas suchas the food industry, hospitals,
and building air-conditioning

Establish full geographicalcoverage across the U.S.
through acquisitions33. Acquisition of Leading-Edge Technologies and New Development
Investment in APANA Inc.

Commercial facilitySensor

Sewagewater

Convoluted plumbing system and highly
scattered water outlet locations

Technological advantage
 Sensor technology

Customer benefits realized
Rationalized water usage for air conditioning,cooking, and cleaning at large commercial facilities

 Power-saving data communication technology
 Data analysis technology based on unique logic

Possible application to commercial facilities andplants in Japan4

4. Promotion of Services Business
Expansion of service type business models

Standardized wastewater reclamation system
The ultrapure watersupply business

Pure water supply service

55. Improvement of Capital Efficiency
Uses of Cash (Plan): During the tenure of CK-17

Operatingcash flowDividends

 Strive to continue raising dividends,
aiming for a payout ratio of 30-50% over
5 years.

Share buybacks

 Discuss/execute acquisition of own sharesusing surplus funds.

Ｍ＆Ａ

Capitalexpenditures
Generation of cash Discuss/execute M&A in the UnitedStates..
 Invest in promising businesses in Japanand overseas.

Uses of cash Control unwarranted accumulation of internal cash and resultant increases in shareholders’equity, while securing sufficient working capital and reserve funds for contingencies.
 Maintain and improve ROE above the cost of equity.

66. Acquisition of Own Shares and Retirement of Treasury Stock
Planned acquisition
4 million shares (maximum)

Number of shares tobe acquired(Ratio to the number of shares outstanding (excluding treasurystock): 3.45%)

Total value

10 billion yen (maximum)

Acquisition period

From March 2 to May 31, 2017Retirement
Number of shares tobe canceled(Ratio to the number of issued shares before retirement: 2.49%)

Date of retirement

April 6, 2017

Number of issued
shares after retirement

116,200,694 shares

2,963,900 shares

77. Sales Plan for the Ultrapure Water Supply Business(Billions of Yen)
40

+3.5

-3.3
-3.4

32.0

Expiration ofNew
construction, contracts,
Revision toetc.
additioncontracts

+1.5
28.8

-2.4-2.0

New
Expiration ofconstruction,
contracts, Revision toaddition
etc.
contracts

25.9

20003/2016

03/2017

03/2018
Projection
88. Major Contracts in the Ultrapure Water Supply Business
Original contract

Renewal or extension(Domestic)(Domestic)(Domestic)(Overseas)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Domestic)(Overseas)

03/3 04/3 05/3 06/3 07/3 08/3 09/3 10/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 18/3 19/3 20/3 21/3 22/3 23/3
* Key contracts are shown above. This does not cover all contracts.

99. Enhancing CSR Activities
Aiming to increase medium- to long-term corporate value
and gain a competitive advantage

Resolve societal problems
through business activities
CSR for value
creation

Maximize CSV

Address societal demands
CSR as a management foundation
Minimize latent risks

Create the overall framework for CSR andre-establish targets
10■URL■

http://ir.kurita.co.jp/en/■ M AI L ■ir@kurita.co.jp

Forward-looking Statements
This presentation contains forward-looking statements, business plan projections, and judgments based on
information available to management at the time of writing. Due to the existence of a variety of risk factors
and uncertainties, actual results may differ from those specified or implied by these forward-looking
statements and projections.