Kurita Water Industries Ltd Lowers Consolidated Mid-year and Full-year Outlook for FY 2013

Kurita Water Industries Ltd announced that it has lowered the consolidated mid-year outlook for revenue from JPY 95,000 million to JPY 90,200 million, operating profit from JPY 13,500 million to JPY 10,800 million, ordinary profit from JPY 13,700 million to JPY 11,300 million, net profit from JPY 7,500 million to JPY 4,850 million and earning per share from JPY 59.21 to JPY 38.29 for the fiscal year ending March 31, 2013. The Company has also lowered the consolidated full-year outlook for revenue from JPY 200,000 million to JPY 196,000 million, operating profit from JPY 29,500 million to JPY 25,000 million, ordinary profit from JPY 30,000 million to JPY 25,700 million, net profit from JPY 17,500 million to JPY 13,600 million and earning per share from JPY 138.17 to JPY 107.37 for the fiscal year ending March 31, 2013. The negative outlook is mainly due to less-than-expected sales, increase of general administration cost, and record of loss in securities.