FOR IMMEDIATE RELEASE

Kurita Water Industries Reports Earnings for the Fiscal Year ended
March 31, 2009

Tokyo, Japan, April 28, 2009—Kurita Water Industries Ltd. (TSE Security Code 6370)
announced net sales of 199,706 million yen for the fiscal year ended March 31, 2009 (April 1,2008 – March 31, 2009) and net income of 16,299 million yen, or 126.69 yen per share.
Results of Operations
Total consolidated orders for the Kurita Group in the fiscal year ended March 31, 2009, were
195,065 million yen, down 6.5% versus the fiscal year ended March 31, 2008, while net sales
decreased 2.5% to 199,706 million yen. Operating income was down 8.3% to 27,935 million
yen and ordinary income was down 7.4% to 28,917 million yen, mainly due to the decline in net
sales. Net income was down 10.9% to 16,299 million yen, partly due to valuation losses oninvestment securities.
Markets in which the Kurita Group operates were challenging during the fiscal year ended
March 31, 2009, deteriorating rapidly from the fiscal third quarter in the wake of the global
recession sparked by financial woes in the US. In the electronics industry, LCD-related andsemiconductor-related capital expenditure levels in Japan and overseas dropped substantially,and factory operating rates declined. In general industries, capital expenditure declined andfactory operating rates fell in many manufacturing sectors.
Overview by Segment
Water Treatment Chemicals
Total Group orders for the segment in the fiscal year ended March 31, 2009, were 58,470
million yen, down 0.9% versus the fiscal year ended March 31, 2008, while sales fell 0.5% to58,331 million yen. Operating income declined 11.6% to 8,417 million yen, partly due to rising
prices of raw materials.
The Group made efforts to obtain orders by focusing on efforts to expand sales of mainstay
products, such as boiler water treatment chemicals and cooling water treatment chemicals, aswell as process treatment chemicals, while bolstering sales efforts based on proposals tailored toresolve the issues that clients face, such as the reduction of environmental burdens andproductivity improvements. The Group also continued working to reduce manufacturing anddistribution costs to improve earnings.
Japan
Among the Group’s mainstay products, compared with the previous fiscal year, orders forboiler water treatment chemicals decreased as factory operating rates at client companies
declined, orders for cooling water treatment chemicals were generally flat, and orders for
wastewater treatment chemicals increased slightly. With regard to other products, orders for
packaged water treatment management contracts declined, but orders for process treatment
chemicals used in oil refining and other areas increased as the Group received strong interest in
the use of such products to enhance productivity.
1Overseas
Overseas, orders for the Group’s products were around the same as in the previous fiscal year.
Water Treatment Facilities
Total Group orders for the segment in the fiscal year ended March 31, 2009, were 136,595
million yen, down 8.7% versus the fiscal year ended March 31, 2008, while sales decreased
3.3% to 141,374 million yen, and operating income fell 6.8% to 19,517 million yen.
During the period, the Group continued investing actively in service businesses, such as theultrapure water supply business, while also working to win orders by stepping up
proposal-based sales efforts. To improve earnings, the Group worked to improve design andinstallation quality, increase productivity, and reduce costs.
In the electronics industry, orders for the Group’s ultrapure water production systems were
down in Japan and overseas versus the previous fiscal year as semiconductor-related and
LCD-related capital expenditure dropped substantially. Meanwhile, orders for tool-cleaning
services fell due to the drop in factory operating rates at client companies, while orders for theultrapure water supply business rose substantially with the addition of new contracts. Orders forwater treatment facilities for general industries fell slightly, impacted overall by the dip in
capital expenditures. Orders for maintenance services decreased due to lower factory operating
rates at client companies.
Significant Events during the Fiscal Year Ended March 31, 2009
During the year ended March 31, 2009, Kurita Water industries executed capital expenditures
totaling around 55.7 billion yen, primarily in facilities used by the ultrapure water supply
business.
Outlook for the Fiscal Year Ending March 31, 2010
Overall Outlook for Operating Results, including Production, Sales, and Profits, for the
Fiscal Year Ending March 31, 2010
The Group forecasts 192,000 million yen in net sales, 26,000 million yen in operating income,
26,500 million yen in ordinary income, and 15,000 million yen in net income for the full fiscal
year ending March 31, 2010.
Amid the prolonged global recession, the Kurita Group expects capital expenditure and factory
operating rates to continue falling.
Amid this environment, the Group has laid out a new medium-term management plan, MP-11(Make Progress 2011). Under MP-11, the Kurita Group will further evolve the business models
that it has hitherto developed in its ultrapure water supply and other businesses, and create newvalue for water, boost Group competitiveness, and bring about new growth.
Outlook by Segment
Water Treatment Chemicals
The Kurita Group anticipates orders and earnings to be impacted by further declines inoperating rates at client factories and clients’ increased cost-cutting efforts.
Under such circumstances, the Group aims to secure orders by bolstering alliances between
Group companies both in Japan and overseas, working closely with clients, and providing swift
solutions to issues that clients face. The Group will also continue to shore up earnings byimproving the quality of and cutting manufacturing and logistics costs associated with water
treatment chemicals while continuing to develop high-value-added products.
2

Water Treatment Facilities
The Kurita Group expects orders and earnings to be impacted by falling capital expenditure atclient companies and restructuring in the electronics industry.
In this environment, the Group aims to bolster partnerships with clients and further expand
service businesses that are resilient to capital expenditure trends. The Group also aims to secure
a flow of orders for water treatment facilities by concentrating on sales to strategic clients andstepping up proposal-based sales efforts. Further, the Group will focus on securing earnings bycontinuing efforts to enhance quality, increase productivity, and reduce costs.
Financial Condition
Assets, Liabilities, and Net Assets
Current assets totaled 98,689 million yen at the end of the fiscal year (March 31, 2009), a
decline of 22,873 million yen versus the end of the previous fiscal year (March 31, 2008). Thiswas mainly due to a decline of 11,435 million yen in trade accounts receivable and a decline of
22,911million yen in marketable securities, as well as an increase of 15,744 million yen in cash
and deposits. The decline in accounts receivable was due to progress made in the collection ofreceivables as well as the drop in sales, while the decline in marketable securities was primarily
due to redemptions. Cash and deposits increased due to the aforementioned collection ofreceivables and the redemption of marketable securities. However, substantial outlays for theacquisition of property, plant and equipment resulted in a net decline in the aggregate of cash
and deposits and marketable securities.
Fixed assets totaled 146,717 million yen at the end of the fiscal year, an increase of 36,781
million yen versus the end of the previous fiscal year. This was mainly due to the 44,079 million
yen increase in tangible fixed assets resulting from the acquisition of facilities primarily for use
by the ultrapure water supply business, which offset the decline in investment securities.
Current liabilities totaled 47,935 million yen at the end of the fiscal year, a decline of 1,144
million yen versus the end of the previous fiscal year. This was mainly due to declines of 4,334
million yen in trade accounts payable, 4,346 million yen in income taxes payable, and 818
million yen in advances received. These declines offset the 8,615 million yen increase in otheraccounts payable and accrued expenses.
Long-term liabilities totaled 18,844 million yen at the end of the fiscal year, an increase of
7,487 million versus the end of the previous fiscal year. This was mainly because we booked
lease obligations related to buildings used by the ultrapure water supply business.
Total net assets were 178,626 million yen at the end of the fiscal year, an increase of 7,565
million yen versus the end of the previous fiscal year. This was mainly due to an increase inretained earnings of 11,917 million yen due to net income of 16,299 million yen, and comes
despite a 4,008 million yen decline in valuation and translation adjustments due to the drop in
market values of investment securities and the drop in yen-translated values of net assets ofoverseas affiliates due to the yen’s strengthening.
Cash Flows
Consolidated net cash and cash equivalents totaled 25,262 million yen at the end of the fiscal
year (March 31, 2009), a decrease of 5,097 million yen, or 16.8%, versus the end of theprevious fiscal year (March 31, 2008).
Cash Flows from Operating Activities
Net cash provided by operating activities was 33,658 million yen in the fiscal year ended March
31, 2009, an increase of 13,278 million yen versus the previous fiscal year (ended March 31,
3

2008). This primarily reflects net inflows in the form of income before income taxes of 26,103
million yen, a decrease in depreciation and amortization totaling 11,716 million yen, and a11,430 million yen decrease in trade notes and accounts receivable, which were offset by a4,110 million yen decrease in trade notes and accounts payable and the payment of income taxes
in the amount of 15,249 million yen.
Cash Flows from Investing Activities
Net cash used in investing activities was 32,922 million yen in the fiscal year ended March 31,
2009, an increase of 9,766 million yen versus the previous fiscal year, primarily reflecting
outflows of 38,291 million yen for the acquisition of tangible fixed assets, such as equipment
for use in the ultrapure water supply business.
Cash Flows from Financing Activities
Net cash used in financing activities was 4,713 million yen in the fiscal year ended March 31,
2009, an increase of 348 million yen versus the previous fiscal year, mainly reflecting dividend
payments of 4,469 million yen.
Cash Flow Indicators
Fiscal year ended March 31,
Equity ratio (%)
Equity ratio (based on market capitalization) (%)
Interest-bearing debt to cash flow ratio (%)
Interest coverage ratio (times)

2005
70.9
112.7
13.8
230.5

2006
68.3
152.3
8.9
322.2

2007
66.7
155.9
4.1
601.6

2008
73.2
203.9
4.0
452.9

2009
72.2
99.2
24.8
1,051.8

Equity ratio: Equity capital / Total assets
Equity ratio based on market capitalization: Market capitalization / Total assets
Interest-bearing debt to cash flow ratio: Interest-bearing debt / Cash flow
Interest coverage ratio: Cash flow / Interest paid
Notes:
1. All indicators are calculated using financial figures produced on a consolidated basis.
2. Market capitalization is calculated by multiplying the closing stock price at the end of the periodby the number of shares issued and outstanding (excluding treasury stock) at the end of the period.
3. Cash flow from operating activities is used as the cash flow variable.
4. Interest-bearing debt refers to all debts recorded on the consolidated balance sheet that incur
interest payments.

Dividends
Kurita Water Industries intends to pay a year-end dividend of 17 yen per share for the fiscal
year ended March 31, 2009, the same as the previous year-end dividend. This takes into accountthe Group’s business development going forward and is aimed at rewarding shareholders fortheir support. This year-end dividend, together with the interim dividend of 17 yen per share (anincrease of 2 yen versus the previous interim dividend), will result in an annual dividend of 34
yen per share, an increase of 2 yen per share versus the previous fiscal year.
For the fiscal year ending March 31, 2010, Kurita Water Industries intends to pay an interim
dividend of 17 yen per share and a year-end dividend of 17 yen per share, giving an annual
dividend of 34 yen per share.

4

Business Risks
Major risk factors that could affect the Kurita Group’s future performance include, but are notlimited to, economic trends both in Japan and overseas, trends in capital expenditure related towater treatment facilities, factory operating rates at client companies, and movements in prices
of crude oil and raw materials.
1. Factors that may affect the Group’s business performance
The Group’s businesses are affected by the following factors.
1) Water Treatment Chemicals Business
The performance of the water treatment chemicals business is affected by fluctuations indemand levels reflecting changes in factory operating rates at companies in the steel, petroleum
refining and petrochemical, and pulp and paper industries—the Group’s main sources of clientsfor the business. Business performance is also affected by movements in the prices of basic
materials, which fluctuate in conjunction with trends in the price of crude oil and other raw
materials.
2) Water Treatment Facilities Business
The performance of the water treatment facilities business is affected by demand fluctuations
caused by trends in capital expenditures at companies in electronics-related industries, theGroup’s main source of clients for the business. The Group’s business performance is also
affected by movements in the prices of construction materials and outsourcing costs, which
influence equipment production costs.
2. Exchange Rate Fluctuation Risk
The Group considers the potential impact of exchange rate movements on its businessperformance to be immaterial, as foreign currency-denominated transactions account for only asmall proportion of overall sales and procurements.

5Condensed Financial Statements — Consolidated
Condensed Balance Sheets — Consolidated(millions of yen)

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - tradeMarketable securities
Finished products
Work in process
Raw materials and supplies
Deferred tax assets
Other
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures (net)
Machinery, equipment and vehicles (net)Land
Leased assets (net)
Construction in progress
Other (net)Total tangible fixed assets
Intangible fixed assets
Software
Other
Total intangible fixed assets
Investments and other assets
Investment securities
Equity interests in affiliates and subsidiaries
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Total assets
Liabilities
Current liabilities
Notes payable - trade
Accounts payable - trade
Lease obligations
Short-term borrowings
Accounts payable - other / Accrued expenses
Income taxes payable
Advances received
Accrued employees’ bonuses
Allowance for product warranty
Other
Total current liabilities

As of March
31, 2008
AmountAs of March
31, 2009
Amount10,316
8,666
63,54823,945
1,428
8,128
1,365
2,912
1,410
(159)
121,562

26,061
8,284
52,113
1,033
1,414
4,293
1,440
2,635
1,552
(140)
98,68922,87937,893
13,965
4,664
2,580
81,98440,22050,942
13,895
7,254
11,4482,301
126,063

1,673
823
2,497

1,557
728
2,285

15,319
3,109
3,127
3,991
(93)
25,454
109,935
231,498

9,612
1,175
5,677
2,053
(152)
18,368
146,717
245,406

1,990
21,344

1,820
17,010420
017,655
3,781
2,766
2,372
937
1,170
47,935

102
9,039
8,128
3,584
2,401
1,131
1,357
49,0806

Fixed liabilities
Lease obligations
Deferred tax liabilities related to revaluation
Accrued employees’ retirement benefits
Accrued retirement benefits for directors and corporate
auditors
Other
Total fixed liabilities
Total liabilities
Net assets
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Valuation and translation adjustments
Unrealized gains on available-for-sale securities
Unrealized gains (losses) on revaluation of land
Foreign currency translation adjustments
Total valuation and translation adjustments
Minority interests
Total net assets
Total liabilities and net assets

1,519
8,358

7,183
1,519
8,644

709

738

769
11,35760,437759
18,844
66,77913,45011,426
147,874(4,827)
167,924

13,45011,426
159,792(4,847)
179,821

1,773
(750)
455
1,478
1,658
171,061
231,498

170(750)(1,950)(2,530)
1,335
178,626
245,406

7

Condensed Statements of Income — Consolidated(millions of yen)

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest and dividend income
Equity in earnings of unconsolidated subsidiaries andaffiliates
Other
Total non-operating income
Non-operating expense
Interest expense
Other
Total non-operating expense
Ordinary income
Extraordinary gains
Gain on sale of fixed assets
Other
Total extraordinary gains
Extraordinary losses
Valuation loss on investment securities
Legal settlement
Other
Total extraordinary losses
Income before income taxes
Income taxes
Current
DeferredIncome taxes
Minority interests in earnings of consolidated subsidiaries
Net income

Year ended
Year ended
March 31, 2008 March 31, 2009
AmountAmount204,875
199,706
138,549
135,874
66,32563,83135,85735,89630,46827,935
652

573

115

269

422
1,190

339
1,183

45
369
415
31,24336
164
200
28,917

204
97
302
103
162
266
31,279

2,018
480
315
2,814
26,103

13,113(469)
12,644337

10,689(1,160)9,529
273

18,297

16,2998

Statements of Changes in Shareholders’ Equity — Consolidated(millions of yen)

Year ended
March 31, 2008
AmountShareholders’ equity
Common stock
Balance as of end of the previous fiscal year
Change during period
Total change during period
Balance as of end of the fiscal year
Capital surplus
Balance as of end of the previous fiscal year
Change during period
Total change during period
Balance as of end of the fiscal year
Retained earnings
Balance as of end of the previous fiscal year
Change during period
Dividend from surplus
Directors’ bonuses
Other
Net income
Reversal of unrealized gains (losses) on revaluationof land
Total change during period
Balance as of end of the fiscal year
Treasury stock
Balance as of end of the previous fiscal year
Change during period
Purchase of treasury stock
Total change during period
Balance as of end of the fiscal year
Total shareholders’ equity
Balance as of end of the previous fiscal year
Change during period
Dividend from surplus
Directors’ bonuses
Other
Net income
Purchase of treasury stockReversal of unrealized gains (losses) on revaluationof land
Total change during period
Balance as of end of the fiscal year
Valuation and translation adjustments
Unrealized gains (losses) on available-for-sale securities
Balance as of end of the previous fiscal year
Change during period
Net change in items other than shareholders’ equity
during period
Total change during period

Year ended
March 31, 2009
Amount13,45013,45013,45013,45011,426

11,426

11,426

11,426

133,446

147,874(3,859)(9)(10)
18,297(4,374)(6)(1)
16,29910-

14,428147,874

11,917
159,792(4,803)(4,827)(24)(24)(4,827)(19)(19)(4,847)

153,519

167,924(3,859)(9)(10)
18,297(24)(4,374)(6)(1)
16,299(19)

10-14,404
167,924

11,897
179,821

3,662

1,773

(1,889)(1,603)(1,889)(1,603)9Balance as of end of the fiscal year
Unrealized gains (losses) on revaluation of land
Balance as of end of the previous fiscal year
Change during period
Net change in items other than shareholders’ equity
during period
Total change during period
Balance as of end of the fiscal year
Foreign currency translation adjustments
Balance as of end of the previous fiscal year
Change during period
Net change in items other than shareholders’ equity
during period

1,773

170

(740)

(750)

(10)

-

(10)
(750)

(750)

330

455

124

(2,405)

Total change during period
Balance as of end of the fiscal year
Total Valuation and translation adjustments
Balance as of end of the previous fiscal year
Change during period
Net change in items other than shareholders’ equity
during period
Total change during period
Balance as of end of the fiscal year
Minority interests
Balance as of end of the previous fiscal year
Change during period
Net change in items other than shareholders’ equity
during period

124
455

(2,405)(1,950)

3,252

1,478

(1,774)(4,008)(1,774)1,478(4,008)(2,530)

1,427

1,658

230

(323)

230
1,658

(323)
1,335

158,200

171,061(3,859)(9)(10)
18,297(24)(4,374)(6)(1)
16,299(19)

10-(1,543)(4,331)

12,860171,061

7,565
178,626

Total change during period
Balance as of end of the fiscal year
Total net assets
Balance as of end of the previous fiscal year
Change during period
Dividend from surplus
Directors’ bonuses
Other
Net income
Purchase of treasury stockReversal of unrealized gains (losses) on revaluation ofland
Net change in items other than shareholders’ equity
during period
Total change during period
Balance as of end of the fiscal year10

Statements of Cash Flows — Consolidated(millions of yen)

Cash flows from operating activities
Income before income taxes and minority interests
Depreciation and amortization
Equity in earnings of unconsolidated subsidiaries andaffiliates
Increase (decrease) in accrued bonuses
Increase (decrease) in allowance for employees’
retirement benefits
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in other allowancesInterest and dividend income
Other non-operating (income) losses
Interest expense
Other extraordinary (gains) losses
Valuation (gains) losses on investment securities(Gains) losses on sale/disposal of tangible fixed assets(Increase) decrease in notes and accounts receivables trade(Increase) decrease in inventories(Increase) decease in other current assets
Increase (decrease) in notes and accounts payable - trade
Increase (decrease) in advances received
Increase (decrease) in other current liabilities
Other
Sub totalInterest and dividend received
Interest paid
Income taxes paid
Other
Net cash provided by (used in) operating activities
Cash flows from investing activities
Deposits into time deposit accounts
Withdrawals from time deposits
Payments for purchases of marketable securities
Proceeds from sale and redemption of marketablesecurities
Payments for purchases of tangible fixed assets
Proceeds from sale of tangible fixed assets
Payments for purchases of investment securities
Proceeds from sale of investment securities
Proceeds from liquidation of subsidiaries
Other expenses
Other income
Net cash provided by (used in) investing activities
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
Repayment of long-term borrowings
Payments for purchase of treasury stock
Cash dividends paid
Cash dividends paid to minority shareholders ofconsolidated subsidiaries
Other expenses
Net cash provided by (used in) financing activities
Effect of exchange rate changes on cash and cash
equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of theperiodIncrease (decrease) in cash and cash equivalents
resulting from change of scope of consolidation
Cash and cash equivalents at the end of the period

Year ended
March 31, 2008
AmountYear ended
March 31, 2009
Amount31,279
9,425

26,103
11,716

(115)

(269)

59

(23)

(42)

332

(114)
(93)
(652)
(79)
45
103
(42)

48
(157)
(573)
(137)
36
695
2,018
79

4,987

11,4301,073(187)(11,203)(1,338)(887)(259)
31,957747(45)(12,475)
196
20,3803,086
536(4,110)
(651)
(820)
(965)
48,374
1,094(32)(15,249)(528)
33,658(50)
15(10,055)

(864)
2,094
(4,497)

13,2997,897(26,101)350(1,416)
1,860(1,612)
554(23,156)(38,291)
47
(260)
610
1,451
(1,247)
137(32,922)

(235)
(139)
(24)
(3,857)

(0)
(92)
(19)
(4,370)

(108)

(98)

(4,365)(131)(4,713)(18)(1,119)(7,160)(5,097)37,44230,36078
30,36025,262

11

Segment Information
Business segment information
Year ended March 31, 2008 (April 1, 2007 – March 31, 2008)(millions of yen)

I. Sales and operating income
Sales(1) Sales to outside customers(2) Inter-segment sales
Total
Operating cost and expenses
Operating income
II. Assets, depreciation and capital
expenditure
AssetsDepreciation and amortization
Capital expenditures

Water
treatmentchemicals

Watertreatment
facilities

Total

58,646310
58,95749,431
9,525

146,22887
146,315
125,375
20,939204,875397
205,272
174,80730,465

(397)
(397)
(400)
2

204,875
204,875
174,40730,46837,791
1,732
1,617

150,225
7,692
22,480188,017
9,425
24,09743,481-

231,498
9,425
24,097

Eliminationor corporate

Consolidated

Year ended March 31, 2009 (April 1, 2008 – March 31, 2009)(millions of yen)

I. Sales and operating income
Sales(1) Sales to outside customers(2) Inter-segment sales
Total
Operating cost and expenses
Operating income
II. Assets, depreciation and capital
expenditure
AssetsDepreciation and amortization
Capital expenditures

Water
treatmentchemicals

Watertreatment
facilities

Total

58,331353
58,68550,267
8,417

141,374102
141,476
121,959
19,517

199,706
455
200,162
172,226
27,935

(455)
(455)
(455)
0

199,706
199,706
171,771
27,93534,476
1,745
1,432

180,626
9,970
54,889215,102
11,71656,32230,304-245,406
11,71656,322Eliminationor corporate

Consolidated

12

Geographical segment information
Year ended March 31, 2008 (April 1, 2007 – March 31, 2008)(millions of yen)

I. Sales and operating income
Sales(1) Sales to outside customers(2) Inter-segment sales
Total
Operating cost and expenses
Operating income
II. Assets

Japan

Other
regions

Total

Eliminationor corporate

Consolidated

183,867
2,272
186,139
158,222
27,917
178,960

21,007802
21,81019,6002,210
10,028204,875
3,075
207,950
177,82230,127
188,989(3,075)(3,075)(3,415)340
42,509204,875
204,875
174,40730,468231,498

Japan

Other
regions

Total

Eliminationor corporate

Consolidated

179,726
2,057
181,783
155,950
25,833
198,465

19,980433
20,413
18,6791,734
8,683

199,706
2,490
202,197
174,629
27,567207,148(2,490)(2,490)(2,858)367
38,258

199,706
199,706
171,771
27,935245,406

Year ended March 31, 2009 (April 1, 2008 – March 31, 2009)(millions of yen)

I. Sales and operating income
Sales(1) Sales to outside customers(2) Inter-segment sales
Total
Operating cost and expenses
Operating income
II. Assets

13Overseas sales
Year ended March 31, 2008 (April 1, 2007 – March 31, 2008)(millions of yen)

I. Overseas sales
II. Consolidated net sales
III. Ratio of overseas sales to total
consolidated sales

Asia
23,723-

North
America
2,759-Europe
1,736
-

Other
3,107
-

Total
31,327
204,875

11.6%

1.3%

0.9%

1.5%

15.3%

Year ended March 31, 2009 (April 1, 2008 – March 31, 2009)(millions of yen)

I. Overseas sales
II. Consolidated net sales
III. Ratio of overseas sales to total
consolidated sales

Asia
20,070-North
America
1,371-Europe
1,576
-

Other
2,936
-

Total
25,955
199,706

10.0%

0.7%

0.8%

1.5%

13.0%

Notes:
1. Geographic segmentation is based on geographic proximity.
2. Major countries or regions in each category are as follows:(1) Asia:
Korea, China, Taiwan, Singapore, Indonesia, and Thailand(2) North America:
U.S.A.
(3) Europe:
Germany(4) Other areas:
Brazil3. “Overseas sales” comprises sales by the Company and its consolidated subsidiaries in countries orregions other than Japan.

14

Net Sales, Order Intake, Order Backlog
Net Sales(millions of yen)

Year ended March 31,
2008

2009

Business segment
Water treatment chemicals

Amount58,646%
28.6

Amount58,331%
29.2

Water treatment facilities

146,22871.4

141,374

70.8

Total

204,875

100.0

199,706

100.0

Order Intake(millions of yen)

Year ended March 31,
Business segment
Water treatment chemicals

2008
Amount59,029

%
28.3

2009
Amount58,470%30.0

Water treatment facilities

149,659

71.7

136,595

70.0

Total

208,689

100.0

195,065

100.0

Order Backlog(millions of yen)

Year ended March 31,
Business segment
Water treatment chemicals

2008
Amount
3,882

6.6

2009
Amount
4,021

Water treatment facilities
Total

55,262

93.4

50,483

92.6

59,144100.0

54,504

100.0

%

%
7.4

15