Notice of revision of consolidated performance forecast

November 2, 2018
Asahi Kasei Corp.

The consolidated performance forecast for fiscal 2018 (April 1, 2018 – March 31, 2019) announced on May 11, 2018, has been revised as shown below based on recent performance trends.

1. Revision of consolidated forecast

  Net sales
(¥ million)
Operating income
(¥ million)
Ordinary income
(¥ million)
Net income attributable to owners of the parent
(¥ million)
Net income
per share
(¥)
Previous forecast 2,155,000 190,000 199,000 140,000 100.28
Revised forecast 2,210,000 210,000 222,000 160,000 114.60
Increase 55,000 20,000 23,000 20,000  
Percent change +2.6% +10.5% +11.6% +14.3%  
cf. fiscal 2017 2,042,216 198,475 212,544 170,248 121.93

2.Reason for revision

Net sales and operating income are now expected to exceed the previous forecast with improved terms of trade for petrochemical products in chemicals operations and increased shipments of defibrillators for professional use in critical care operations. Ordinary income and net income attributable to owners of the parent are now expected to exceed the previous forecast with the higher operating income and increased gain on sales of investment securities.