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 9, 2014

Consolidated Results for Fiscal Year 2013:
April 1, 2013 – March 31, 2014
(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 2013
1,897,766 [+13.9%]
143,347 [+55.9%]
142,865 [+50.2%]
101,296 [+88.6%]
72.48
—
11.7%
7.7%
7.6%

FY 2012
1,666,640 [+5.9%]
91,960 [−11.8%]
95,125 [−11.6%]
53,712 [−3.7%]
38.43
—
7.1%
5.9%
5.5%
* Yen

Note:
 Comprehensive income—¥146,102 million during fiscal 2013, ¥117,515 million during fiscal 2012.
 Equity in earnings (losses) of affiliates—¥(1,756) million during fiscal 2013, ¥(166) million during fiscal 2012.
2. Financial position
At fiscal year end, March
Total assets
Net assets
Net worth/total assets
Net worth per share*

2014
1,915,089
925,76647.7%
653.152013
1,800,170
824,45145.1%
581.05* Yen

Note:
 Net worth consists of shareholders’ equity and accumulated other comprehensive income.
 Net worth as of March 31, 2014, was ¥912,699 million; as of March 31, 2013, ¥812,080 million.
3. Cash flows
FY 2013244,152(103,753)(105,070)
143,139

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 2012
126,008(278,518)
166,244
104,008

May 9, 2014

1/15

II. Cash Dividends
Cash dividends per share*
Fiscal year
2012
2013
2014 (forecast)

Q1

Q2

Q3

Q4

—
—
—

7.00
7.00
8.00

—
—
—

7.00
10.00
9.00

Total
annual
14.00
17.00
17.00

Total annual
dividend
amount19,56723,756

Dividends/
consolidated
net income
36.4%
23.5%
26.4%

Dividends/
consolidated
net worth
2.4%
2.6%
* Yen

Note:
Q4 fiscal 2013 dividend includes ¥8.00 ordinary dividend and ¥2.00 special dividend.
III. Forecast for Fiscal 2014 (April 1, 2014 – March 31, 2015)(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
973,000 [+5.9%]
67,000 [−9.8%]
67,000 [−8.1%]
39,000 [−16.4%]
27.91

For the fiscal year
2,016,000 [+6.2%]
150,000 [+4.6%]
151,000 [+5.7%]
90,000 [−11.2%]
64.41
*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) Changes in accounting policy
Consolidated balance sheets:
Accounting Standard for Retirement Benefits (ASBJ Statement No. 26) and Guidance on AccountingStandard for Retirement Benefits (ASBJ Guidance No. 25) are applied from March 31, 2014 (except
the provisions of Article 35 of the Accounting Standard for Retirement Benefits and Article 67 of the
Guidance on Accounting Standard for Retirement Benefits). As an effect of this change, net defined
benefit liability is now recorded as the amount of retirement benefit obligations less the fair value ofplan assets. Unrecognized actuarial gains/losses and unrecognized prior service costs are recorded in
net defined benefit liability and net defined benefit asset.
In accordance with the interim measures stipulated in Article 37 of the Accounting Standard for
Retirement Benefits, the effect of this change as of March 31, 2014, is recorded as remeasurements ofdefined benefit plans under accumulated other comprehensive income.
As of March 31, 2014, net defined benefit asset is ¥2,369 million and net defined benefit liability is¥143,523 million. Total accumulated other comprehensive income decreased by ¥25,094 million,
and net worth per share decreased by ¥17.96.

Asahi Kasei
Consolidated Results

May 9, 2014

2/15

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

2014
1,402,616,332
5,230,736
1,397,501,330

2013
1,402,616,332
5,016,645
1,397,651,465

V. Summary of Non-Consolidated Results
1. Results for fiscal 2013 (April 1, 2013 – March 31, 2014)(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 201345,408 [+52.2%]
32,026 [+64.9%]
34,142 [+65.5%]
35,018 [+69.9%]
25.06—

FY 201229,827 [−49.9%]
19,420 [−54.0%]
20,635 [−52.8%]
20,607 [−54.1%]
14.74
—
* Yen

(2) Financial position
At fiscal year end, March
Total assets
Net assets
Net worth/total assets
Net worth per share*

Asahi Kasei
Consolidated Results

2014
1,084,883
463,20342.7%
331.482013
1,083,043
437,96840.4%
313.37* Yen

May 9, 2014

3/15

VI. Overview of Consolidated Results
1. Consolidated group results
The global economy during the fiscal year was on a path of gradual recovery with continuing growth in the
US and signs of improvement in Europe, but the management climate was obscured by slower growth inChina and other emerging economies. Although the Japanese economy was on a path of recovery with acorrection of the overvalued yen and a wealth effect from higher stock prices resulting in improved
corporate earnings and revived consumer spending, the effect of instability in the global economy
remained a concern.
Consolidated net sales of Asahi Kasei Corp. and its consolidated subsidiaries and equity-method
affiliates (the Asahi Kasei Group) increased by ¥231.1 billion (13.9%) from a year ago to ¥1,897.8 billion,
with domestic businesses such as the Homes segment and pharmaceutical operations in the Health Caresegment performing well, and with the Chemicals and Electronics segments recovering due to improved
export conditions. Operating income increased by ¥51.4 billion (55.9%) to ¥143.3 billion, and ordinary
income increased by ¥47.7 billion (50.2%) to ¥142.9 billion. Business structure improvement expensesof ¥22.5 billion have been recorded mainly in the Chemicals segment, for naphtha cracker unification in
Mizushima, Okayama, strengthening of petrochemical operations in Japan, etc. In pharmaceuticaloperations, litigation in the US claiming compensation for damages was finalized, and income fromcompensation for damage of ¥53.5 billion has been recorded. As a result, net income increased by ¥47.6
billion (88.6%) to ¥101.3 billion.
2. Results by operating segment
The Asahi Kasei Group’s operations are described by major business classification: seven reportablesegments of Chemicals, Fibers, Homes, Construction Materials, Health Care, and Critical Care, together
with an “Others” category. Beginning with the April–June quarter of 2013, the sequence of reportablesegments has been changed to correspond with the classification of our four business sectors: Chemicals &Fibers, Homes & Construction Materials, Electronics, and Health Care. In the Critical Care segment,
results for the year-ago period were included beginning on April 27, 2012, while results were subject toconsolidation throughout the entire period beginning with fiscal 2013.
CHEMICALS
Sales increased by ¥107.0 billion (15.6%) from a year ago to ¥791.6 billion, and operating income
increased by ¥16.0 billion (69.6%) to ¥38.9 billion.
Chemicals and derivative products operations were impacted by low market prices for acrylonitrileand high feedstock prices, but operating income increased with the effect of the depreciation of the yen
and improved market prices for styrene monomer. Polymer products operations were impacted by highfeedstock prices for polyethylene and other products, but operating income increased with the effect of thedepreciation of the yen and firm shipments of engineering plastics and of synthetic rubber for fuel-efficienttires. Operating income in specialty products operations increased with the effect of the depreciation of
the yen, most notably for ion-exchange membranes, and firm shipments of coating materials and offunctional chemicals for pharmaceutical manufacture.
FIBERS
Sales increased by ¥11.3 billion (10.3%) from a year ago to ¥120.9 billion, and operating income increasedby ¥4.5 billion (112.5%) to ¥8.6 billion.
Although the cost of various feedstocks rose, operating income in Fibers increased with the effect of
the weaker yen and firm shipments of nonwovens such as Lamous™ artificial suede for automotive
upholstery and of Roica™ elastic polyurethane filament.

Asahi Kasei
Consolidated Results

May 9, 2014

4/15

HOMES
Sales increased by ¥48.2 billion (9.9%) from a year ago to ¥534.4 billion, and operating income increasedby ¥8.7 billion (16.1%) to ¥63.0 billion. Orders for order-built homes increased by ¥8.9 billion (2.2%) to¥421.3 billion.
In order-built homes operations, deliveries of both Hebel Haus™ unit homes and Hebel Maison™
apartment buildings increased based on strong orders in the previous fiscal year. Operating income inreal estate operations, with firm rental management, and in remodeling operations, which enjoyed strong
orders for exterior wall painting work.
CONSTRUCTION MATERIALS
Sales increased by ¥3.5 billion (6.8%) from a year ago to ¥55.0 billion, and operating income increased by¥1.5 billion (39.0%) to ¥5.5 billion.
In autoclaved aerated concrete (AAC) operations, sales of Hebel™ AAC panels increased. In
insulation materials, shipments of Neoma™ high-performance phenolic foam panels increased. In
foundation systems, orders for Eazet™ and ATT Column™ piling systems for small-scale construction
expanded with the development of new applications. Sales of structural materials increased.
ELECTRONICS
Sales increased by ¥13.8 billion (10.6%) from a year ago to ¥145.0 billion, and operating income increased¥11.4 billion (404.1%) to ¥14.2 billion.
Although electronic devices operations were impacted by reduced sales prices in each productcategory, operating income increased with the effect of the depreciation of the yen and increased
shipments of electronic compasses and magnetic sensors for smartphones and other mobile applications.
Although electronic materials operations were impacted by reduced sales prices, especially for Hipore™
Li-ion battery separator, operating income increased with the effect of the depreciation of the yen andincreased sales of high-end products in each product category.
HEALTH CARE
Sales increased by ¥19.1 billion (14.3%) from a year ago to ¥152.5 billion, and operating income increasedby ¥14.3 billion (90.0%) to ¥30.3 billion.
Although pharmaceuticals operations were impacted by higher selling, general and administrative
expenses such as R&D expenses, operating income grew with increased shipments of Teribone™
osteoporosis drug and Recomodulin™ recombinant thrombomodulin. In devices-related operations,operating increased with the effect of the depreciation of the yen, increased sales of dialysis products andof therapeutic apheresis devices, and increased shipments of Planova™ virus removal filters.
CRITICAL CARE
Sales increased by ¥27.7 billion (53.2%) from a year ago to ¥79.8 billion, gross operating income*increased by ¥2.2 billion (29.4%) to ¥9.5 billion, and the consolidated operating loss decreased by ¥0.1
billion to ¥3.5 billion. The effect of amortization of goodwill and other intangible assets, etc., related toacquisition of ZOLL Medical Corporation increased by ¥2.0 billion to ¥13.0 billion.
LifeVest™ wearable defibrillator operations expanded smoothly, and sales of other products suchas defibrillators for use by medical professionals increased, but selling, general and administrative
expenses grew with reinforced sales activity. The increase in sales and the operating loss were enlarged
by the difference in the period subject to consolidation.
* Operating income before amortization of goodwill and other intangible assets, etc., related to acquisitionof ZOLL by Asahi Kasei.
OTHERS
Sales in “Others” increased by ¥0.5 billion (2.6%) from a year ago to ¥18.5 billion, and operating income
decreased by ¥0.5 billion (20.5%) to ¥1.7 billion.

Asahi Kasei
Consolidated Results

May 9, 20145/15

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
Net defined benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Subtotal
Total noncurrent assets
Total assets

Asahi Kasei
Consolidated Results

At end ofMarch 2013

At end ofMarch 2014

109,513306,222124
145,470
100,513
63,69521,94573,619(1,631)
819,469

151,474
316,705—
151,156
112,243
65,141
27,46968,106(1,894)890,401

428,616(241,191)
187,425
1,236,111(1,082,480)
153,631
58,176
13,980(7,173)
6,806
41,482
129,716(115,656)
14,060461,581453,498(250,633)
202,866
1,290,526(1,127,452)
163,074
58,067
13,567(9,095)
4,472
35,216
137,897(121,056)
16,841
480,535

134,303
121,114
255,417

137,679
120,740
258,419

224,903
5,248
—
8,487
25,311(245)
263,704
980,7021,800,170

238,419
9,173
2,369
16,27819,751(256)
285,735
1,024,689
1,915,089

May 9, 20146/15

Liabilities
Current liabilities
Notes and accounts payable—trade
Short-term loans payable
Commercial paper
Current portion of bonds
Lease obligations
Accrued expenses
Income taxes payable
Advances received
Provision for periodic repairs
Provision for product warranties
Provision for removal cost of property, plant andequipment
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
Net defined benefit liability
Provision for periodic repairs
Provision for removal cost of property, plant andequipment
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
Net unrealized gain on other securities
Deferred gains or losses on hedges
Foreign currency translation adjustments
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Minority interests
Total net assets
Total liabilities and net assets

Asahi Kasei
Consolidated Results

At end ofMarch 2013

At end ofMarch 2014

172,630
113,043
70,0005,000
2,415
91,646
13,97861,9532,359
2,143

159,925
103,605
10,000—1,784
93,31348,52080,164
7,964
2,503

1,910

2,893

722
65,064602,864806
65,305
576,782

40,000146,929
4,051
39,985
107,776
767
—
4,255

40,000146,037
2,445
43,441—
818
143,523
173

2,960

9,526

2,834
18,396
4,902
372,855
975,719

3,244
18,8994,434
412,541
989,323

103,389
79,403
553,557(2,431)
733,918

103,389
79,404635,403(2,591)
815,605

62,622(900)
16,440—78,162
12,371
824,451
1,800,170

75,626(171)
46,734(25,094)
97,095
13,067925,766
1,915,089

May 9, 2014

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
Foreign exchange gains
Insurance income
Other
Total non-operating income
Non-operating expenses
Interest expense
Equity in losses of affiliates
Costs associated with idle portion of facilities
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on sales of investment securities
Gain on sales of noncurrent assets
Income from compensation for damage
Total extraordinary income
Extraordinary loss
Loss on valuation of investment securities
Loss on disposal of noncurrent assets
Impairment loss
Environmental expenses
Business structure improvement expenses
Loss on discontinuation of development project
Total extraordinary loss
Income before income taxes and minority interests
Income taxes—current
Income taxes—deferred
Total income taxes
Income before minority interests
Minority interests in income
Net income

Asahi Kasei
Consolidated Results

FY 2012
1,666,640
1,239,452
427,188335,228
91,960FY 2013
1,897,766
1,385,704
512,062
368,715
143,347

1,301
2,949
4,285
1,661
3,623
13,821

1,183
3,681
425
1,132
4,157
10,578

3,339
166
2,190
4,961
10,656
95,125

3,375
1,756
1,366
4,563
11,060142,865

81
247
—
328

330
1,672
53,53255,534

511
4,011
2,069
206
6,355
—
13,15182,302
27,873526
28,39953,903
191
53,712

1,223
5,575
441
—
22,546
4,753
34,539163,860
68,166(6,399)61,767102,093796
101,296

May 9, 20148/15

(2) Statements of comprehensive income

Income before minority interests
Other comprehensive income
Net increase in unrealized gain on other 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 to
Owners of the parent
Minority interests

Asahi Kasei
Consolidated Results

FY 201253,903

FY 2013102,093

22,383786
34,595

12,952729
29,095

5,848

1,233

63,612
117,515

44,009146,102

116,505
1,010

144,956
1,145

May 9, 20149/15

3. Statements of changes in net assets

Shareholders’ equity
Capital stock
Balance at beginning of fiscal year
Balance at end of fiscal year
Capital surplus
Balance at beginning of 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 beginning of fiscal year
Changes during the fiscal year
Dividends from surplus
Net income
Change of scope of consolidation
Change of scope of equity method
Effect of change in the reporting period of consolidated
subsidiaries and affiliates
Total changes of items during the period
Balance at end of fiscal year
Treasury stock
Balance at beginning of 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 beginning of 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
Effect of change in the reporting period of consolidated
subsidiaries and affiliates
Total changes of items during the period
Balance at end of fiscal year

Asahi Kasei
Consolidated Results

FY 2012FY 2013103,389
103,389

103,389
103,389

79,404

79,403(0)(0)
79,4031
179,404516,401

553,557(19,567)
53,712(8)—(19,566)
101,296
1,323(1,208)3,020—

37,156
553,557

81,845
635,403(2,388)(2,431)

(49)
6
(43)
(2,431)

(162)
2
(160)
(2,591)

696,805

733,918(19,567)
53,712
(49)
6
(8)
—

(19,566)
101,296
(162)
3
1,323
(1,208)3,020—

37,113733,918

81,687
815,605

May 9, 201410/15

Accumulated other comprehensive income
Net unrealized gain on other securities
Balance at beginning of 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
Deferred gains or losses on hedges
Balance at beginning of 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 beginning of 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
Remeasurements of defined benefit plans
Balance at beginning of 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 beginning of 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 interests
Balance at beginning of 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 beginning of 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
Effect of change in the reporting period of consolidated
subsidiaries and affiliates
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 2012FY 2013

40,14862,622

22,47422,47462,622

13,00413,00475,626(1,734)

(900)

834
834
(900)

729
729
(171)

(28,374)

16,44044,81444,814
16,44030,29430,29446,734—————(25,094)(25,094)(25,094)

10,04078,162

68,122
68,122
78,162

18,932
18,932
97,095

12,43912,371(68)(68)
12,371

696
696
13,067719,285

824,451(19,567)
53,712
(49)
6
(8)
—

(19,566)
101,296
(162)
3
1,323
(1,208)3,020—

68,054105,167
824,451

19,628101,315925,766

May 9, 201411/15

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(Decrease) increase in provision for periodic repairs(Decrease) increase in provision for product warranties(Decrease) increase in provision for noncurrent assets removal cost
Increase in provision for retirement benefits
Decrease in net defined benefit liability
Interest and dividend income
Interest expense
Equity in losses of affiliates
Gain on sales of investment securities
Loss on valuation of investment securities
Gain on sales of noncurrent assets
Loss on disposal of noncurrent assets
Income from compensation for damage
Increase in notes and accounts receivable—trade
Increase in inventories
Increase (decrease) in notes and accounts payable—trade(Decrease) increase in accrued expenses
Increase in advances received
Other, net
SubtotalInterest and dividend income, received
Interest expense, paid
Proceeds from compensation for damage
Income taxes paid
Net cash provided by 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
Purchase of investments in subsidiaries resulting in change in scopeof consolidation
Additional purchase of investments in consolidated subsidiaries
Payments for transfer of business
Payments of loans receivableCollection of loans receivable
Other, net
Net cash used in investing activities

Asahi Kasei
Consolidated Results

FY 2012FY 201382,30280,050
2,069
6,989
(231)
(1,408)(171)(1,152)
1,469—(4,251)
3,339
166
(81)
511
(247)
4,011
—
(21,385)(21,758)
21,423(6,783)
10,090(8,893)146,059
5,744(3,556)—(22,240)
126,008

163,860
86,052
441
8,823
(231)
1,519
343
7,549
—
(1,648)(4,864)
3,375
1,756
(330)
1,223
(1,672)
5,575(53,532)(4,082)(12,377)(17,831)476
17,811
15,549217,786
5,818(3,447)53,532(29,538)
244,152(5,977)
13,820(88,194)548(15,789)(3,161)
650(7,526)
5,685(80,933)
2,588(15,576)(2,695)
1,018(174,472)(1,697)(1,333)(282)(11,476)
9,417(2,267)(278,518)(152)—(10,517)
7,433(1,382)(103,753)

May 9, 201412/15

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
Net cash provided (used in) by financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from change of scopeof consolidation
Effect of change in the reporting period of consolidated
subsidiaries and affiliates
Cash and cash equivalents at end of period

Asahi Kasei
Consolidated Results

FY 2012FY 2013282,368(248,073)
203,000(148,000)
114,083(34,185)
20,000—(2,539)(50)
6(19,567)
(667)
(131)
166,244(853)
12,881
96,35185,603(81,924)85,000(145,000)
13,362(34,426)—(5,000)(2,521)(165)
3(19,566)(589)
152(105,070)
3,305
38,633104,008102

498(5,327)—104,008

143,139

May 9, 2014

13/15

VIII. Segment Information
1. Reporting segments(1) Fiscal 2012

Total

OthersSubtotal

Critical Care

Health Care

Electronics

Construction
Materials

Homes

FibersChemicals

Reporting segments

52,131 1,648,610

18,031 1,666,640

Intersegment
Total

20,6781,794
215 15,948
420
66
705,260 111,406 486,397 67,451 131,569 133,516—
39,12052,131 1,687,730

23,96763,08841,998 1,729,728

Operating income
Assets22,9254,030 54,266 3,962
2,824 15,932 (3,667) 100,272
650,519 115,584 304,675 46,804 167,723 183,836 240,318 1,709,460

2,195 102,467
59,240 1,768,700

Other items
Depreciation
Amortization of
goodwill
Investments inassociates accounted
for using equity
methodIncrease in property,
plant and equipment,
and intangible assets

29,993

6,099

5,266

2,271

15,003

10,493

6,933

76,058934

76,992

436

—

—

—

12

1,005

5,337

6,790

199

6,989

41,313

4,667

—

—

2,489

42

—

48,512

16,64365,15447,290

6,833

9,527

2,186

17,011

14,275

5,416

102,538

1,140

103,677

Subtotal

684,582 109,613 486,182 51,504 131,148 133,450

Critical Care

Sales
Customers(2) Fiscal 2013

Sales
Customers
Intersegment
Total
Operating income(loss)
AssetsOther items
Depreciation
Amortization of
goodwill
Investments inassociates accounted
for using equity
methodIncrease in property,
plant and equipment,
and intangible assets

Asahi Kasei
Consolidated Results

Total

OthersHealth Care

Electronics

Construction
Materials

Homes

FibersChemicals

Reporting segments

791,615 120,890 534,377 55,003 144,995 152,546
33,1891,869
85 16,758
490
39

79,840 1,879,267—
52,43018,499 1,897,766
23,767
76,197

824,804 122,760 534,462 71,761 145,485 152,585

79,840 1,931,698

42,266 1,973,963

38,879(3,526)

1,745

8,565

62,984

5,506

14,23930,268

156,916

659,593 119,493 351,621 49,447 174,883 221,003 255,786 1,831,826

158,660

62,935 1,894,761

31,086

5,883

5,883

2,186

14,303

10,034

9,983

79,357994

80,351

551

2

—

—

15

918

7,097

8,583

240

8,823

35,489

5,168

—

—

2,954

41

—

43,652

17,94861,60130,754

8,008

8,666

6,371

14,583

9,457

8,697

86,536

1,395

87,930

May 9, 201414/15

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

Sales
Total of reporting segments
Net sales in “Others” category
Elimination of intersegment sales
Net sales on consolidated statements of income

Fiscal 2012
1,687,730
41,998(63,088)
1,666,640

Fiscal 2013
1,931,698
42,266(76,197)
1,897,766

Operating income
Fiscal 2012
Fiscal 2013
Total of reporting segments
100,272
156,916
Operating income in “Others” category
2,195
1,745
Elimination of intersegment sales
1,469
388
Corporate expenses, etc.*(11,975)(15,702)
Operating income on consolidated statements of income
91,960143,347* Corporate expenses, etc. include corporate revenue, basic research expense, and group management
expense, etc. which are not allocated to reporting segments.

AssetsFiscal 2012
Fiscal 2013
Total of reporting segments
1,709,460
1,831,826
Assets in “Others” category
59,24062,935
Elimination of intersegment sales(200,347)(244,286)
Corporate assets*
231,817
264,613
Total assets on consolidated balance sheets
1,800,170
1,915,089* Corporate assets include assets of Asahi Kasei Corp.—surplus operating funds (cash and deposits), longterm investment capital (investment securities, etc.), and land, etc.
IX. Geographic information
1. Net sales(1) Fiscal 2012Japan
1,181,429

China
155,570

Other regions
329,641

Total
1,666,640(2) Fiscal 2013
Japan
1,289,054

China
187,247

Other regions
421,465

Total
1,897,766

2. Property, plant and equipment(1) Fiscal 2012
Japan369,481

Other regions
92,100

Total
461,581(2) Fiscal 2013
Japan
363,241

Other regions
117,295

Total
480,535

Asahi Kasei
Consolidated Results

May 9, 201415/15