Osaka Titanium Technologies Co,Ltd. Amends FY 2012 Outlook; Amends Year-end Dividend Outlook for FY Ending March 2012

Osaka Titanium Technologies Co,Ltd. announced that it has lowered its consolidated full-year outlook for revenue from JPY 67,500 million to JPY 63,200 million, and raised its consolidated full-year outlook for operating profit from JPY 7,000 million to JPY 7,800 million, ordinary profit from JPY 6,500 million to JPY 7,000 million, net profit from JPY 3,800 million to JPY 3,900 million and earning per share from JPY 103.26 to JPY 105.98 for the fiscal year ending March 31, 2012. This is due to the decreased sale of polysilicon and high purity titanium, as well as the increased price of export sponge titanium. The Company also amended its year-end dividend outlook from an undetermined value, to JPY 20.00 per share, for the same fiscal year.