Management Briefing

Kurita Water Industries Ltd.

(Securities code: 6370)

December 2017

Table of Contents

Policy for the Final Year of Competitive Kurita 2017 (CK-17) Plan

Business organizational reform

Expansion of the overseas business foundations

Increase Value Offered

Improvement of Capital Efficiency

Sales Plan for the Ultrapure Water Supply Business

Major Contracts in the Ultrapure Water Supply Business

Enhancing CSR Activities

1

2

3

4

5

6

7

8

1. Policy for the Final Year of Competitive Kurita 2017 (CK-17) Plan

1

Improve customer intimacy by providing the best customer solutions

Reform business process

and promote comprehensive

solutions

Invest in focused growth

areas and reorganization of

business

Enhance competitive

advantage and reduce risk by stepping up

CSR activities

Basic policy

2. Business organizational reform

2

Water Treatment Facilities

Water Treatment Chemicals

Domestic Overseas

Ultrapure water supply

Maintenance Services

EPC

Overseas

Domestic

Overseas

Water Treatment Chemicals

Water Treatment Facilities

Water Treatment Chemicals

Maintenance Services

Ultrapure water supply

EPC

~ March, 2017 April, 2017 ~

3. Expansion of the overseas business foundations

3

Expanding the water treatment business using M&A

Seeking expansion in North America

Decided to acquire the paper and pulp process treatment chemicals production base of Akzo Nobel in France.

Expanding the production system in Europe

Aims to expand KEG’s paper and pulp process treatment chemicals business and improve profitability.

Developing the business base

Close cooperation within the Group

Use of alliances and M&A

Bolster business in South Korea

Turned equity method affiliate Hansu Co., Ltd. into a consolidated subsidiary

4. Increase Value Offered

4

IoT

AI

Big data analysis

Contract model

New technologies & new tools

Energy saving

Water conservation

Waste product reduction

Stable utility operations

Existing Know-How Provide value to customers and society

Increase efficiency of

manufacturing processes

Recycle and reuse of waste

products

Smartfactories

Water risk management

5. Improvement of Capital Efficiency

5

Source of funds Use of funds(if small amount)

Use of funds(if large amount)

Proactively invest funds in promising businesses and shrink assets. Consider introducing capital efficiency indicators.

Operatingcash flow

shrink assets Share buybacks

M&A

Capitalexpenditures

Dividends

M&A

Capitalexpenditures

Dividends

Utilize debt

6. Sales Plan for the Ultrapure Water Supply Business

6

28.825.7 25.7 26.8

0

17

34

03/2017 03/2018Projection

- 0.8+ 1.1 - 2.0- 1.4 + 1.1

First half Second half

(Billions of Yen)

Expiration of contracts,

etc.

New construction or addition of

facilities

Revision to contracts New

construction or addition of

facilities

Expiration of contracts,

etc.

7. Major Contracts in the Ultrapure Water Supply Business

7

07/3 08/3 09/3 10/3 11/3 12/3 13/306/3 14/305/304/3 16/315/3 17/3 18/3 19/3 20/3 21/3 22/3 23/303/3

Original contract Renewal or extension

* Key contracts are shown above. This does not cover all contracts.

(Overseas)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Domestic)

(Overseas)

(Domestic)

(Domestic)

(Domestic)

8. Enhancing CSR Activities

8

CSR for value creation

CSR as a management foundation

Aiming to increase medium- to long-term corporate value and gain a competitive advantage

Resolve societal problems through business activities

Address societal demands

Create the overall framework for CSR and re-establish targets

Maximize CSV

Minimize latent risks

■ U R L ■

■MAIL■

http://ir.kurita.co.jp/en/

ir@kurita.co.jp

Forward-looking StatementsThis presentation contains forward-looking statements, business plan projections, and judgments based on information available to management at the time of writing. Due to the existence of a variety of risk factors and uncertainties, actual results may differ from those specified or implied by these forward-looking statements and projections.