Notice of Recording of Non-operating Losses (foreign exchange losses) and Differences between the Forecast and Results for the first half of FY2016

November 7, 2016


Company Name: Oji Holdings Corporation
Representative: Susumu Yajima,
President & Chief Executive Officer
Enquiries: Yoshiaki Takeda,
Executive Officer,
Corporate Governance Division


Notice of Recording of Non-operating Losses (foreign exchange losses) and
Differences between the Forecast and Results for the first half of the year ending March

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Oji Holdings Corporation (hereinafter called “the Company”) hereby announces that there are
differences between the forecast for the first half of the year ending March 2017 (from April 1,
2016 to September 30, 2016), released on August 2, 2016, and the actual results of the said
period we released today.


1. Differences between the consolidated business forecast and the actual results for the first
half of the year ending March 31, 2017(April 1, 2016,- September 30, 2016)

Profit attribute
Operating Ordinary Earnings
Net Sales to owners of
income income per Share
parent
Millions of yen Millions of yen Millions of yen Millions of yen Yen

Previously released
700,000 31,000 24,000 16,000 16.18
forecast（Ａ）
Actual results（Ｂ） 692,940 33,684 12,825 8,301 8.39
Differences（Ｂ-Ａ) (7,060) 2,684 (11,175) (7,699)
Differences（％） (1.0) 8.7 (46.6) (48.1)
Reference: 1H FY2015 results
(ended September 30, 2015)
719,197 28,456 33,825 17,250 17.46



2. Details of Non-operating losses and Main reason of differences
In the three months ended June 30, 2016(April 1, 2016, - June 30, 2016), foreign exchange
losses of ¥10,985 million were recorded. Due to recent fluctuations in foreign currency exchange
rates, in the three months ended September 30, 2016(July 1, 2016,- September 30, 2016),
foreign exchange losses of ¥9,390 million were recorded. As a results, in the first half of the year
ending March 31, 2017(April 1, 2016,- September 30, 2016) foreign exchange losses of ¥20,375
million were recorded as non-operating expenses.
Due to foreign exchange losses, the actual results of Ordinary income and Profit attribute to
owners of parent for the first half of the year ending March 31, 2017 fell below the previous
forecast
Foreign exchange losses were primarily the effect of change in exchange evaluation of foreign
currency receivables and payables applied to exchange rate as of September 30, 2016. Therefore,
the amount of the loss may change with future fluctuations in foreign exchange rates.
For information on consolidated forecast of FY2016, please refer to the material titled
“Summary of Consolidated Financial and Business Results for the First Half of the Year Ending
March 2017” released today.

(Note) Above mentioned forecast is based on currently available information and assumptions that the Company deems to be

reasonable. Actual results may differ from the forecast as a result of various factors.