The consolidated financial results of SUMIDA CORPORATION for FY2017 ending December 31, 2017 have been announced today. Variations from the forecast disclosed on February 6, 2017 with FY2016 consolidated financial results are shown below.
Variances between FY2017 and FY2016 stand-alone financial results of SUMIDA CORPORATION are also shown below.

1. Variances between forecast and actual consolidated financial results for FY2017 ending December 31, 2017 
   

   	Sales	Operating Profit	Income Before Taxes	Net Income Attributable to  Owners of Parent	EPS
   Forecast (A) made on February 6, 2017	86,700	5,900	5,100	3,300	123.55
   Actual (B)	90,153	6,217	5,697	4,504	176.41
   Change (B) - (A)	3,453	317	597	1,204
   Change % (B / A)	+4.0	+5.4	+11.7	+36.5
   (ref.) Previous Year's Actual (FY2016)	81,052	6,270	5,469	3,666	157.97

   (Note) As SUMIDA CORPORATION voluntarily adopted IFRS starting on January 1, 2017, figures for FY2016 were converted based on IFRS for comparison. 
2. Reasons for Variance
   Net income attributable to SUMIDA CORPORATION increased by 1,204 million yen as deferred tax assets at overseas subsidiaries increased.  
   
3. Variances between FY2017 and FY2016 actual financial results of SUMIDA CORPORATION on stand-alone basis 
   

   	Revenue	Operating Profit	Ordinary Income	Net Income	EPS
   FY2016 Actual (A)	1,524	686	589	1,120	48.27
   FY2017 Actual (B)	2,088	1,196	1,103	1,018	39.89
   Change (B - A)	563	510	513	△101
   Change % (B/A)	+37.0	+74.4	+87.1	△9.1

4. Reasons for Variance
   Revenue as well as income increased as dividend payments from subsidiaries increased.