Stella Chemifa Corporation Lowers Consolidated Full-year Outlook for FY Ending March 2012

Stella Chemifa Corporation announced that it has lowered its consolidated full-year outlook for revenue from JPY 29,784 million to JPY 29,611 million, operating profit from JPY 3,116 million to JPY 2,565 million, ordinary profit from JPY 3,015 million to JPY 2,430 million, net profit from JPY 1,773 million to JPY 860 million and earning per share from JPY 144.15 to JPY 69.92 for the fiscal year ending March 31, 2012. This is due to the decreased sale of semiconductor related products, the increased price of raw material, as well as recording of allowance for doubtful accounts, amortization of goodwill, as well as impairment loss on fixed assets. According to I/B/E/S Estimates, analysts on average are expecting the Company to report full-year revenue of JPY 30.41 billion and net profit of JPY 1.96 billion.