After the end of the third quarter, we regret to announce a second downward revision for this fiscal year.

We sincerely apologize to our shareholders, customers, business partners, employees and their families, as well as all KIMOTO supporters, for any concern or inconvenience this may have caused. We offer our deepest apologies.

The reason for the revision is that we were unable to recover lost sales of FPD (Flat Panel Display) related products. In particular, orders for hard coat films for touch panels from major customers decreased, and we lost orders for Pressure Sensitive Adhesive Film for Industrial Use.

Since last autumn, the KIMOTO Group has been working together more than ever to overcome this situation, and our affiliates have achieved reasonably good results. Although it is taking longer than expected to recover our performance, we would greatly appreciate your continued support.

The entire company will continue to devote itself wholeheartedly to our business.

January 30, 2015
KIMOTO Co., Ltd.
President and Representative Director Kazunobu Kimoto