Medium-Term Management Plan: "DIC105"

On May 9, 2013 we announced a new medium-term management plan, DIC105. DIC105 will guide our efforts for the three years through to fiscal year 2015- the first phase of a longer- term initiative that sets clear, concrete objects for fiscal year 2018.

The name of the new plan-“DIC105”-derives from the fact that its first year will coincide with our 105th year in business, and evokes our hope that the year will be one of dramatic progress.

In line with DIC105, we will concentrate our allocation of management resources in business domains that will enable us to establish a new course for the future.

DIC105 sets forth three key strategies:

• ・Restructure printing inks businesses in North America and Europe
  Implement decisive rationalization measures, emphasizing the optimization of production capabilities, with the aim of strengthening our printing inks business in North America and Europe and ensuring their continued viability as core businesses
• ・Expand businesses that will drive growth
  Focus management resources in three key forward-looking businesses: TFT LCs, pigments for color filters and PPS products
• ・Create next-generation businesses
  Combine our renowned organic chemical technologies and inorganic materials to create new value (key concept: HYBRID CHEMICALS)

With our sights firmly on fiscal year 2018, we will step beyond, boldly pushing boundaries to drive DIC forward.