Summary of Results and Forecasts 1. Management Indices 1. Segment Information by Geographic Area & Revenue to Customers outside Japan 5

Transcription

1 Supplementary Data of Financial Statements for the year ended March 31, 2018 April 27, 2018 NITTO DENKO CORPORATION CONTENTS Page Summary of Results and Forecasts 1 Management Indices 1 Business Results and Forecasts 2 Segment Information 3 Segment Information by Geographic Area & to Customers outside Japan 5 (Note) In the amounts of money in this material, fractions below the shown figures are omitted. Percentages(%) are rounded to the nearest decimal point. Forward-looking statements such as those relating to earnings forecasts and other projections contained in this material are management's current assumptions and beliefs based on currently available information. Such forward-looking statements are subject to a number of risks, uncertainties and other factors. Accordingly, actual results may differ materially from those projected due to various factors.

2 Summary of Results and Forecasts Unit Results Forecasts FY2016 FY2018 Net income Earnings per share Dividend payout ratio ROA ROE Operating profit to revenue Shareholders' equity to total assets Depreciation expenses Capital investment R & D expenditures Exchange rate (average rate) \million 767, , ,000 \million 92, , ,000 \million 63,690 87, ,000 \ % % % % % \million 48,556 49,283 48,500 \million 36,538 47,193 70,000 \million 30,366 31,243 33,000 \/$ * The above figures are based on International Financial Reporting Standards (IFRS). * ROA are calculated as follow ; net income attributable to owners of the parent company / total assets Management Indices () 20 (%) R O A R O E Operating Margin 14/3 15/3 16/3 17/3 18/3 19/3 (Forecasts) * The above figures from 14/3 are based on International Financial Reporting Standards (IFRS)

3 Business Results and Forecasts (Unit: Millions of yen) Operating income Income before income taxes Net income 1H, FY ,978 29,293 28,851 20,733 2H, FY2016 Results 412,731 63,295 62,940 42,956 FY ,710 92,589 91,791 63,690 1H, 427,052 68,242 68,352 47,598 2H, Results 429,209 57,480 57,815 39, , , ,168 87,463 1H, FY2018 FY2018 Forecast 405,000 60,000 60,000 42, , , , ,000 * The above figures are based on International Financial Reporting Standards (IFRS). TOPICS News Release in April 2017 HARU stuck-on design; wins the 2017 Red Dot Award for Product Design Announcement of Change (Resignation) in Representative Director May 2017 Nitto Awarded the Prime Minister s Prize at the 2017 National Commendation for Invention Nitto, the First Japanese Title Sponsor for the ATP Finals July 2017 Manufacturing Capacity Expansion for Oligonucleotide Active Pharmaceutical Ingredients in US September 2017 Nitto Enters the New Plastic Optical Cable Business October 2017 Joint Development of Wireless Charging System for Hearing Instruments New Promotion Movie Behind Smiles (London Production)" Released November 2017 Technical Partnership with the Hangzhou Jinjiang Group for Large-Scale Polarizing Film New ads linked to Nitto ATP Finals placed in UK and Japan December 2017 A Word of Thanks for your Support to the Nitto ATP Finals and Report on Nitto s Charity Program January 2018 Nitto Selected as Top 100 Global IP/Patents-Related Innovators for Seven Years in a Row February 2018 Nitto and Sumitomo Dainippon Pharma Announce Positive Topline Results from Phase 3 Study Evaluating Transdermal Patch Formulation of Atypical Antipsychotic LONASEN March 2018 IND application of ND-L02-s0201 allowed to proceed for idiopathic pulmonary fibrosis indication by the FDA - 2 -

4 Segment Information & OP by Segment (Yen in millions) Results FY2016 1H, Q3 Q4 2H, (Oct.-Dec.) (Jan.-Mar.) Y-o-Y (%) Functional base products 186, ,224 57,031 49, , , Industrial Tape Transportation 124,229 63,344 33,008 33,248 66, , , ,569 90,039 82, , , ,433 16,966 9,841 7,550 17,391 34, Information fine materials 352, , ,061 84, , , Flexible printed circuits 42,871 20,759 11,028 10,251 21,279 42, Optronics Processing materials 23,410 12,108 6,290 6,040 12,331 24, Life Science Elimination &Corporate 419, , , , , , ,466 50,490 34,814 7,242 42,057 92, ,459 15,364 5,438 15,367 20,806 36, ,200 1,752-1,084 5,317 4,232 5, ,039 12,825 6,345 6,108 12,453 25, ,392-17,480-9,278-8,257-17,536-35, ,572-1,168-2,530-3,330-5,860-7, , , , , , , ,589 68,242 41,020 16,459 57, , * From fiscal year 2017, we have changed the allocation method of the costs of Corporate sector. Such changes have also been reflected in the figures for the fiscal year 2016 A part of New Businesses is transferred from "" to "Transportation". The above figures of fiscal year 2016 are converted into the same reporting segments as fiscal year

5 Segment Information & OP by Segment (Yen in millions) Results Forecasts 1H, FY2018 FY2018 1H, Y-o-Y (%) Y-o-Y (%) Functional base products 85, ,830 88, , Industrial Tape Transportation 80, ,042 82, , , , , , ,275 34,976 17, , Information fine materials 216, , , , Flexible printed circuits 20,759 42,038 19, , Optronics Processing materials 12,108 24,439 12, , Life Science Elimination &Corporate 249, , , , ,175 91,916 42, , ,364 36,171 16, , ,726 5,929 2, ,825 25,279 12, , , ,291-34,693-16, , ,109-6,905-1, , , , , , , ,722 60, , * From fiscal year 2018, we have changed the attribution of a group company internally in "Industrial Tape", and the change has also been reflected in the figures for the fiscal year

6 Segment Information by Geographic Area to Customers Outside Japan (Yen in Millions) (Yen in Millions) FY2016 to Outside Customers Inter-segment or Transfers Japan Americas Europe Eliminations & Corporate 186,979 80,123 40, , , , ,347 9,134 4,099 33, , ,334 - FY2016 to Customers Outside Japan Americas Europe 82,108 44, ,726 1, , ,710 Operating Income 531,327 89,257 44, ,838 1,159, , ,710 51,979 16,570 3,727 22,905 95,182-2,593 92,589 Ratio to Sales 10.7% 5.8% 56.4% 0.1% 73.0% to Outside Customers Inter-segment or Transfers Japan Americas Europe Eliminations & Corporate 199,441 82,568 45, , , , ,471 8,988 4,745 33, , ,716 - to Customers Outside Japan Americas Europe 75,711 48, ,732 1, , ,262 Operating Income 576,913 91,557 50, ,184 1,280, , ,262 75,982 12,225 4,218 32, , ,722 Ratio to Sales 8.8% 5.7% 59.4% 0.1% 74.1% Note: Major countries or regions excluding Japan are represented as follows: Americas : U.S.A., Mexico, Brazil Europe : Belgium, France, Germany, Sweden, Turkey : China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand Note: Major countries or regions excluding Japan are represented as follows: Americas : U.S.A., Mexico, Brazil Europe : Belgium, France, Germany, Sweden, Turkey : China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand : African countries - 5 -