Increasedwww.147qqq

1The147thTerm[April1,2008–March31,2009]http://www.
adeka.
co.
jphttp://www.
adeka.
co.
jpOverviewofClosingAccountsandProspectivePerformanceMay,May,2009200921.
Fiscal2008ConsolidatedPerformance①OverviewofFiscal2008ConsolidatedPerformance②Analysisofincrease/decreaseinoperationalprofit③Fiscal2008ConsolidatedPerformance(Figures)④SegmentalInformationonConsolidatedPerformance⑤MajorActivitiesConductedinFiscal20082.
Fiscal2009ProspectivePerformance3.
Futureefforts4.
ForYourReference(OverviewofFiscal2008Non-consolidatedandConsolidatedClosingofAccounts)ContentsContents31Fiscal2008Fiscal2008ConsolidatedPerformanceConsolidatedPerformance4(Unit:100millionyen)Fiscal2008Fiscal2007Increase/DecreaseIncrease/Decreaseratio(%)Sales1,7611,9191588.
2Operatingprofit691629256.
9Currentprofit611519059.
8NETprofitoftheTerm12877586.
0NETprofitpershareoftheTerm(yen/share)11.
884.
6Dividend\20.
00\22.
00Bothrevenueandprofitdecreasedreflectingtheimpactoftherapid,drasticdecreaseindemandsandinventoryadjustmentduetothesteepriseofmaterialpricesandtheworld'ssimultaneousdepressionsincethelastautumn.
Anextraordinarylossof3.
2billionincludingdepletionlossoffixedassets,appraisallossofinvestmentsecurities,etc.
wasaccountedfor.
1-01ConsolidateddataOverviewofFiscal2008ConsolidatedPerformanceOverviewofFiscal2008ConsolidatedPerformance5Analysisofincrease/decreaseinoperationalprofitAnalysisofincrease/decreaseinoperationalprofitFiscalFiscal2008,20072008,2007Analysisofincrease/decreaseinoperationalprofitAnalysisofincrease/decreaseinoperationalprofit1-02Consolidateddata136916281361352050100150200Operatingprofit(Fiscal2007)SalesquantityPricebalanceforeignexchangeAppraisallossofinventoryOtherConstantcostOperatingprofit(Fiscal2008)(Unit:100millionyen)6(Unit:100millionyen)Fiscal2008Fiscal2007Increase/DecreaseIncrease/Decreaseratio(%)Sales1,7611,9191588.
2ElectronicsandITmaterials1361965930.
3Functionalchemicals74486211813.
7Commoditychemicals2532853111.
2Foodproducts556507499.
7Others696723.
6Operatingprofit691629256.
9ElectronicsandITmaterials9524281.
5Functionalchemicals42773545.
6Commoditychemicals189114.
0Foodproducts1115428.
3Others7701.
2Consolidatedclosingofaccounts1-03ConsolidateddataFiscal2008ConsolidatedPerformance(Figures)Fiscal2008ConsolidatedPerformance(Figures)Theamountsareindicatedafterroundingofffigureslessthan100millionyen.
7Overview(decreasedincomeandprofit)①Asfortheetchantsforfinecircuitfabrication,thedemandsrapidlydecreasedinthelatterhalfofthefiscalyear,butthesalesincreased.
②Asforthesemiconductor-relatedmaterialsandmaterialsforliquidcrystaldisplay,boththesalesandprofitdrasticallydecreasedsincethelatterhalfofthefiscalyearduetotherapidaggravationofthemarketconditionsandproductionandinventoryadjustmentsonthecustomers'side.
42529Operatingprofit59196136SalesIncrease/DecreaseFiscal2007Fiscal20081-04ElectronicsandITmaterialsConsolidateddataFunctionalchemicalscommoditychemicalsFoodproductsSegmentalInformation:ElectronicsandITmaterialsSegmentalInformation:ElectronicsandITmaterials(Unit:100millionyen)8Overview(decreasedincomeandprofit)①Thesalesofflameretardant,highlyfunctionalactivatorandlubricatoruptothefirsthalfofthefiscalyearmovedinexcessofthoseinthepreviousyearowingtothefactsthatthedemandswerefirmandthatrevisionsofpricingweremaderespondingtotheriseofthematerialprices.
②Intotal,boththesalesandprofitdecreasedduetotheimpactoftherapiddecreaseinthedemandssincethelatterhalfofthefiscalyearandhighyenvalue.
1-04ElectronicsandITmaterialsFunctionalchemicalscommoditychemicalsFoodproducts357742Operatingprofit118862744SalesIncrease/DecreaseFiscal2007Fiscal2008(Unit:100millionyen)ConsolidateddataSegmentalInformation:FunctionalChemicalsSegmentalInformation:FunctionalChemicals((PolymerPolymeradditives,additives,OrganicchemicalsOrganicchemicals,functionalpolymers),functionalpolymers)9Overview(decreasedincomeandprofit)Despitetherevisionofpricingrespondingtotheincreasedmaterialcostsandrestructuringoflesscompetitiveproductsandbusinesses,theprofitdecreasedduetotherapiddecreaseinthedemandsinthelatterhalfofthefiscalyearandproduction/inventoryadjustmentsonthecustomers'side.
1-04SegmentalInformation:commodityChemicalsSegmentalInformation:commodityChemicalsConsolidateddataElectronicsandITmaterialsFunctionalchemicalscommoditychemicalsFoodproducts981Operatingprofit31285253SalesIncrease/DecreaseFiscal2007Fiscal2008(Unit:100millionyen)10Overview(Increasedincomeanddecreasedprofit)①Revenueincreasedowingtotherevisionofpricingandtheextendedsalesofnewproductscorrespondingtothemarketneedsincludingtherich-butter-flavoredmargarine,"AROMARDE"andotherproducts.
②Despitetheeffortstoreducecostssuchasintegratingproductclasses,improvingtheproductionandlogisticsefficiency,profitdecreasedreflectingthestrongimpactofthelow-priceorientationofcustomersandriseofmaterialcosts.
1-04ElectronicsandITmaterialsFunctionalchemicalscommoditychemicalsFoodproductsSegmentalInformation:FoodProductsSegmentalInformation:FoodProducts41511Operatingprofit49507556SalesIncrease/DecreaseFiscal2007Fiscal2008(Unit:100millionyen)Consolidateddata11AugmentingfacilitiesExecutionofemergencyplan1.
Reviewandreductionofthecostsandexpensesoftheentirecompany2.
Compressionandoptimizationofproductsinventory3.
Reviewoftheproductionsystem4.
Repressionofthecapacityinvestment5.
Strengtheningoftheresponsetocashflow1-05【Japan】〈March2009〉Newlyestablishingproductionfacilitiesforpolymerizationcatalyst,metal-surfacetreatmentaidsandsoiladulterantFujiFactory〈April2009〉Expandedtheproductioncapacityfortheetchingchemicalsforthenext-generationcircuitfabricationKashimaFactoryEstablishinganewfacilityforone-pack-typecompositepolymeradditives〈May2008〉MieFactory〈September2008〉Expandedtheproductioncapacityforsyntheticpolymeradditives.
ADEKAKOREACORP.
【Korea】NewlyestablishingaproductionfacilityforPVCplasticizerExpandedtheproductioncapacityforflame-retardants.
Establishinganewfacilityforwater-swellingsealingmaterialsExpandedtheproductioncapacityforepoxyresincuringagents〈January2010〉ADEKAFINECHEMICAL(THAILAND)CO.
,LTD.
【Thailand】〈April2009〉ADEKAFINECHEMICAL(CHANGSHU)CO.
,LTD.
〈April2008〉〈April2008〉ADEKAFINECHEMICAL(SHANGHAI)CO.
,LTD.
【China】MajorActivitiesConductedinFiscal2008MajorActivitiesConductedinFiscal2008①①121-05Reinforcementofgroupbusinesses.
AssignedtheentirestockofChibaFattyAcidCo.
,Ltd.
andwithdrewfromthefattyacidbusiness.
【Japan】IntegratedthebusinessofPALMAROLECOMPOUNDSSA.
AcquireallsharesofPALMAROLECOMPOUNDSSAADEKAPALMAROLESAS【France】ADEKAFINECHEMICALKOREACORP.
(amanufacturingcompany)andADEKAKOREACORP.
(asalescompany)mergedtoformanewcompanythatintegrallyoperatesmanufactureandsales.
ADEKAKOREACORP.
【Korea】MajorActivitiesConductedinFiscal2008MajorActivitiesConductedinFiscal2008②②131-05DevelopmentofnewproductsandpromotionofnewbusinessDevelopmentofnewproductsrelatedtotheenvironmentandenergyareaseco-friendlyphotocationpolymerizationinitiator(ADEKAOPTOMERSP-300).
Pour-pointdepressantforbio-dieselfuel(ADEKAECOROYAL)ReleaseofanewproductofetchingchemicalforelectroniccircuitsUltrafineetchingchemicalforICpackageboards(ADEKACHELUMICATFE-5000)Beta-glucanCommercializedthesupplementfoodprescribedbymedicaldoctors.
Awebsitewasnewlyopenedinordertobroadlydisseminatethehealthinformationrelatedtobetaglucan.
[[URL]barleybeta-glucan::www.
mugi-lab.
infoaureobasidiumpullulansfermentsdbeta-glucan:www.
black-yeast.
infoMajorActivitiesConductedinFiscal2008MajorActivitiesConductedinFiscal2008③③142Fiscal2009Fiscal2009ProspectivePerformanceProspectivePerformance15(Unit:\100million)FirsthalfofthetermFirsthalfofthetermSales1,5507201,7611,00421112ElectronicsandITmaterials10246136883425Functionalchemicals6503067444439413Commoditychemicals20593253150419Foodproducts530245556277265Others63306943610Operatingprofit551769631421ElectronicsandITmaterials4391713141Functionalchemicals281042341434Commoditychemicals31114346Foodproducts241011512116Others4173345Currentprofit501561621118NETprofitoftheTerm286123116129NETprofitpershareofthisTerm27.
15.
811.
830.
0Dividend\18.
00\9.
00\20.
00\11.
00forecastforFiscal2009Resultinfiscal2008Increase/Decreaseratio(%)Increase/Decrease2-01Prerequisites:①Theeconomicclimateduringthefirsthalfofthefiscalyearisforecasttocontinuetobesevere,buttorecovertowardthelatterhalf.
CertainresurgenttendencyisseenintheLCDandotherareas,butthedemandisnotexpectedtoincreaselargely.
Earlyrecoveryofdemandisnotexpectedforautomotive,civilengineeringandconstructionareas.
②Theexchangerateofourcompany95.
00=US$1、125.
00=1Theamountsareindicatedafterroundingofffigureslessthan100millionyen.
Fiscal2009ProspectiveConsolidatedPerformanceFiscal2009ProspectiveConsolidatedPerformanceConsolidateddata16FutureeffortsFutureefforts317SSloganloganbasicpolicyitemsbasicpolicyitems3-011.
SloganStrengtheningthebaseforthegrowthcorrespondingtothechangesinthebusinessenvironment2.
Agenda①Strengtheningandpromotionofconcentration(selectionandconcentration)togrowingareas②Buildingupthetechnologybasecorrespondingtothechangesinthebusinessenvironment,strengtheningR&Dcapacity,andcreatingnewbusinesses.
③CarryingouttheM&Aandalliancestrategyincorebusinessandgrowingbusiness④Strengtheningthegovernancewhichisnecessarytotheglobalmanagementandpromotionofstrategy⑤Furtherpromotionofoverseabusinesses⑥Fostering/strengtheninghumanresources18FutureeffortsFutureefforts1.
Increasingthemarketshare,withoutlosinganypartofit①Developing/switchingtomassproductionofproductsthatcontributetotheincreaseoffine-structureproductsincludingetchingchemicalforelectroniccircuits,semiconductormemorymaterials,etc.
②Increasingthemarketshareandnewlycultivatingmarketforhighlycompetitiveproductssuchafireretardant.
③Expandingtherangeorapplicationandincreasingthemarketshareofrich-butter-flavoredmargarine,"AROMARDE"2.
Continuingreductionofexpenseandenhancementofworkefficiency.
①Continuingcostreductionandimprovementofprocesses②Thoroughlyreducingcostandexpenses,repressingcapacityinvestment,compressinginventory,etc.
3-0219FutureeffortsFutureeffortsBeta-glucan,etc.
OthersRich-butter-flavoredmargarine,Functionalfoods,etc.
FoodproductsFlameretardants,Water-borneresins,High-gradehydrogenperoxidesolution,etc.
Functionalchemicals,CommoditychemicalsNext-generationsemiconductormaterials,Fineetchingchemicals,etc.
ElectronicsandITmaterialsProductgroupSegment3.
3.
Earlyobtainingactualdemandsfor,andsalespromotionEarlyobtainingactualdemandsfor,andsalespromotionof,thestrategicgroupof24highlycompetitiveproducts.
of,thestrategicgroupof24highlycompetitiveproducts.
3-02204.
Movinginnewareaofbusinessandpromotingoverseasbusiness①Promotingthefourareasasthelong-andmedium-termtargetareasaswellasexpandingexistingbusinesses.
②Targetedoverseassalesratioforfiscal2011:30%(fiscal2008:20.
8%)MovingintheemergingmarketsinMiddleEastandSouthAmerica,etc.
3-02ElectronicsandITmaterialsHighlydielectric/insulatingmaterialsfornext-generationsemiconductorsEnvironmentSoilpurificationmaterialsenergySolarbatterymaterialsPowersemiconductormaterialslifescienceMedicalcarematerialsHealthcarematerialsFutureeffortsFutureefforts214ForYourReferenceForYourReference22(Unit:\100million)Fiscal2008Fiscal2007Increase/DecreaseIncrease/Decreaserate(%)Sales1,2501,3691198.
7Operatingprofit441338866.
3Currentprofit461288163.
6NETprofitoftheTerm6706390.
2NETprofitpershareoftheTerm6.
768.
6Non-consolidatedclosingofaccounts4NonNon--consolidatedconsolidatedclosingofaccountsclosingofaccounts(Unit:\100million)Domesticcompanies(10)Fiscal2008Fiscal2007Increase/DecreaseIncrease/DecreaserateSales765775101.
4%Operatingprofit711330.
8%Overseascompanies(12)Fiscal2008Fiscal2007Increase/DecreaseIncrease/DecreaserateSales46057811720.
3%Operatingprofit1421632.
6%asubsidiaryinThailandwasconsolidated;andtwosubsidiariesinKoreaweremergedtogether.
Consolidationadjustmentaccounts(deleted)Fiscal2008Fiscal2007Sales714803Operatingprofit23Startingfromfiscal2008,Theamountsareindicatedafterroundingofffigureslessthan100millionyen.
OverviewofFiscalOverviewofFiscal20082008NonNon--consolidatedandconsolidatedandConsolidatedClosingofAccounts(foryourreference)ConsolidatedClosingofAccounts(foryourreference)23NoticeonForecastPerformanceandBusinessPlansNoticeonForecastPerformanceandBusinessPlansTheforecastperformanceandbusinessplansspecifiedinthisdocumenthavebeenpreparedbasedoninformationavailableasofthedateofpublication,aswellasonvariousprerequisites;therefore,theactualresultsmaydifferfromtheseforecastsorplansdependingonvariousfactorsthatmayarisehereafter.