Nippon Chemical Industrial Co Ltd Expects Extraordinary Loss and Lowers Full-year Consolidated Outlook for FY Ending March 31, 2013

Nippon Chemical Industrial Co Ltd announced that it expects the extraordinary loss of approximately JPY 300 million caused by loss on Early Retirement Project for the fiscal year ending March 31, 2013. The Company also has lowered its full-year consolidated outlook for revenue from JPY 35,000 million to JPY 32,800 million, operating profit (loss) from JPY 0 million to JPY (1,000 million), ordinary profit (loss) from JPY (250 million) to JPY (1,300 million), net profit (loss) from JPY (500 million) to JPY (1,400 million) and earnings (loss) per share from JPY (5.68) to JPY (15.91), for the fiscal year ending March 31, 2013. The Company lowered its full-year outlook mainly because the chemicals business was impaired by the sluggish metal, plate and semiconductor businesses.