Sakai Chemical Industry Co Ltd Lowers Consolidated Full-year Outlook for FY 2013

Sakai Chemical Industry Co Ltd announced that it has lowered its consolidated full-year outlook for revenue from JPY 85,000 million to JPY 82,000 million, operating profit from JPY 4,100 million to JPY 3,200 million, ordinary profit from JPY 4,200 million to JPY 3,000 million, net profit from JPY 2,000 million to JPY 1,400 million and earning per share from JPY 19.64 to JPY 13.75, for the fiscal year ending March 2013. The Company lowered the outlook due to the decreased sales as well as the impact of the sluggish Europe economic conditions and the higher yen, among others.