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June 10, 2014

Notice Regarding New Mid-Term Management Plan

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Please find below the details concerning the new mid-term management plan formulated by the Unitika Group as per the press release announced on May 26, 2014.
The newly formulated mid-term management plan aims to proactively invest management resources into our core polymer business and into business aimed at the growing Asian market in order to achieve on-going growth by restructuring our business portfolio by scaling down/withdrawing from less profitable and non-core business areas.
We are committed to standing firm on our management approach while at the same time restructuring our work ethic to ensure that we achieve what we set out to, based on a long-range and unified management vision with the ultimate aim of optimizing corporate value by working steadily toward achieving the goals outlined in our mid-management plan. All our employees will come together and work as one to transform our corporate structure and culture to realize a new Unitika.
By the fiscal year 2017, the final year of our new mid-term management plan, Unitika aims to achieve consolidated sales of 146 billion yen, consolidated operating income of 14 billion yen, consolidated ordinary income of 12 billion yen and net income for the period of 11 billion yen.

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