October 29, 2013
Nissan Chemical Industries, Ltd.

Consolidated Financial Results for the First Half Ended September 30, 2013
(From April 1, 2013 to September 30, 2013)

1. Consolidated Financial Results for the First Half Ended September 30, 2013
(1) Consolidated Operating Results(millions of yen)

Net Sales

Operating
IncomeOrdinary
IncomeNet Income

Six Months Ended September 30, 2013

76,401 +7.4%

10,577 +23.3%

11,120 +32.6%

7,961 +41.5%

Six Months Ended September 30, 2012

71,129 +1.9%

8,580 +30.6%

8,386 +28.7%

5,626 +27.8%

Net Income
per shareNet Income pershare after latentshare adjustment

Six Months Ended September 30, 2013

48.62 yen-Six Months Ended September 30, 201233.63 yen-(2) Consolidated Financial Position(millions of yen)

Total Assets

Net Assets

Shareholders'equity/Total assets

As of September 30, 2013

187,355

134,291

71.1%

As of March 31, 2013

199,243

126,701

63.0%

2. Cash Dividends
Dividends per shareFirst Quarter

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 yen

April 2013 - March 2014 (Forecast)(Note) Revision of the latest forecast of cash dividends : Yes
3. Forecast for the Fiscal Year Ending March 31, 2014

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

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 : Yes

(2) Business Segment Information of Revision of Forecast for the Fiscal Year Ending March 31, 2014
(billions of yen)
Net Sales
Previousforecast(May 14, 2013)

Operating Income

Revisedforecast

Previousforecast(May 14, 2013)

Revisedforecast

Chemicals

37.6

37.8

2.6

2.4

Performance Materials

39.9

42.5

7.2

8.0

Agrochemicals

36.2

38.9

5.2

6.2

Pharmaceuticals

10.1

10.1

4.9

5.1

Trading

48.7

49.7

1.4

1.4

Others

21.3

21.0

0.4

0.7

Adjustment

-37.8

-37.5

-1.3

-1.8

Consolidated Total

156.0

162.5

20.4

22.0

(3) Reasons for Revision
Sales of electronic materials and agrochemicals have mainly exceeded the previous forecast (announced on May 14, 2013 and July 30, 2013) inthe first half, as well as, sales in the second half are expected to remain steady. As a result, the Company revised its forecast as above.
Note: The above forecasts are based on information available at the time of the preparation of this document. Actual results may differ from these
forecasts due to various factors which may be beyond company control.

4. Business Segment Information
For the First Half Ended September 30, 2012 (From April 1, 2012 to September 30, 2012)
Chemicals

Sales to customers
Inter-segment sales/transfers

Total Sales
Operating Income

Performance
Agrochemicals
Materials

Pharmaceuticals

Trading(millions of yen)
OthersTotal

13,741

16,473

12,531

5,305

18,798

4,279

71,129-71,129

4,154

2,335

841

-

3,866

5,916

17,114-17,114-

17,89618,80913,372

5,305

22,665

10,19588,243-17,114

71,129

801

4,137

1,349

2,573

657

138

9,658

-1,0778,580

For the First Half Ended September 30, 2013 (From April 1, 2013 to September 30, 2013)
Chemicals

Sales to customers
Inter-segment sales/transfers

Total Sales
Operating Income

Consolidated
Total

Adjustment

Performance
Agrochemicals
Materials

Pharmaceuticals

Trading(millions of yen)
Others

Total

Consolidated
Total

Adjustment

14,142

17,934

14,534

5,652

19,691

4,446

76,401

-

4,413

2,678

1,467

-

4,801

5,284

18,646-18,646

76,401-

18,555

20,612

16,002

5,652

24,492

9,731

95,047-18,646

76,401

824

4,375

2,373

3,129

674

236

11,613-1,035

10,577