February 4, 2014
Nissan Chemical Industries, Ltd.

Consolidated Financial Results for the Third Quarter Ended December 31, 2013
(From April 1, 2013 to December 31, 2013)

1. Consolidated Financial Results for the Third Quarter Ended December 31, 2013
(1) Consolidated Operating Results(millions of yen)

Net Sales

Operating
IncomeOrdinary
IncomeNet Income

Nine Months Ended December 31, 2013

113,562 +7.5%

14,050 +25.9%

15,538 +34.9%

10,969 +44.1%

Nine Months Ended December 31, 2012

105,663 +4.3%

11,162 +46.0%

11,519 +42.4%

7,612 +36.6%

Net Incomeper share

Diluted Net Incomeper Share

Nine Months Ended December 31, 201366.99 yen-

Nine Months Ended December 31, 201245.83 yen-(2) Consolidated Financial Position(millions of yen)

Total Assets

Net Assets

Shareholders'equity/Total assets

As of December 31, 2013

196,746

137,416

69.2%

As of March 31, 2013

199,243

126,701

63.0%

2. Cash Dividends
Dividends per share
Second Quarter

Third Quarter

Year-end

AnnualApril 2012 - March 2013-12.00 yen-

14.00 yen

26.00 yen

April 2013 - March 2014-

14.00 yen-

14.00 yen

28.00 yenFirst Quarter

April 2013 - March 2014 (Forecast)(Note) Revision of the latest forecast of cash dividends : No
3. Forecast for the Fiscal Year Ending March 31, 2014

Forecast for the Fiscal Year Ending March 31, 2014 (From April 1, 2013 to March 31, 2014)
Net Sales
April 2013 - March 2014

162,500 +5.7%(millions of yen)

Operating
IncomeOrdinary
IncomeNet Income

Net Income
per share

22,000 +12.5%

23,000 +12.2%

16,000 +15.3%

97.72 yen(Note) Revision of the latest forecast of consolidated operating performance : No

4. Business Segment Information(1) Net Sales, Operationg Income and Loss by Segment
For the Third Quarter Ended December 31, 2012 (From April 1, 2012 to December 31, 2012)
Chemicals

Sales to customers

Performance
Agrochemicals
Materials

Pharmaceuticals

TradingOthers(millions of yen)
Total

Consolidated
Total

Adjustment

19,26424,807

16,6039,526

28,883

6,578

105,663

-

6,365

3,482

1,405

35

6,292

8,256

25,839-25,839-

Total Sales

25,62928,29018,0099,562

35,176

14,835131,503-25,839

105,663

Operating Income

1,130

5,737

197

4,263

1,116

207

12,653-1,49011,162

Inter-segment sales/transfersFor the Third Quarter Ended December 31, 2013 (From April 1, 2013 to December 31, 2013)
Chemicals

Sales to customers

Performance
Agrochemicals
Materials

Pharmaceuticals

Trading

Others105,663(millions of yen)
Total

Consolidated
Total

Adjustment

19,991

27,673

19,495

9,352

30,141

6,908

113,562

-

6,714

3,987

1,978

56

7,168

7,706

27,613-27,613-

Total Sales

26,706

31,661

21,474

9,409

37,30914,614

141,176-27,613

113,562

Operating Income

1,357

6,661

1,592

4,452

1,113

342

15,521-1,47014,050Inter-segment sales/transfers(2) Regarding Changes in Segments
Reflecting the organizational change implemented in October 1, 2013, Nissan Chemical has shifted the Custom Chemicals
from the Chemicals to the Pharmaceuticals from the third quarter ended December 31, 2013.
The segment information for the third quarter ended December 31, 2012 has been revised to reflect the above change.
Main products based on new segmentation are as below.
Segment
Chemicals

Performance Materials
Agrochemicals
Pharmacheuticals
Trading
OthersMain Products
Basic Chemicals(melamine, sulfuric acid, nitric acid, ammonia, etc)
Fine Chemicals(epoxy compound for painting, LED sealant and solder resist,
flame retardant, chlorinated isocyanuric acid for sterilizing, etc)
Display Materials(LCD alignment coating, etc)
Semiconductor Materials(bottom anti-reflective coating for semiconductors, etc)
Inorganic Materials(hard coating materials, electronic information materials, polishing materials, etc)
Agrochemicals(herbicide, insecticide, fungicide, fungicide and insecticide, plant growth regulator)
LIVALO(anti-cholesterol drug), etc
Custom Chemicals(custom manufacturing and process services for pharmaceutical companies)
Trading, etc
transportation, landscaping, engineering, fertilizer, etc

113,562