Additional finding in ongoing investigation regarding installation of foundation piles by Asahi Kasei Construction Materials

October 16, 2015
Asahi Kasei Corp.

In the investigation of the installation of foundation piles for condominium construction in Yokohama, Kanagawa, Japan, by Asahi Kasei Construction Materials Corp., a subsidiary of Asahi Kasei Corp., as announced on October 14, it has become clear that, in addition to the diversion and modification of ammeter data in the installation report, there was diversion and modification of flowmeter data for the injection of cement milk which covers the tip of the precast concrete piles and solidifies (consolidation).

While it is judged that no immediate danger is posed based on this finding, we will continue to investigate to confirm safety.

The financial effect of this matter on the consolidated performance of Asahi Kasei Corp. is unclear at this time. An announcement will be made promptly in the event that a material impact is confirmed.