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Investor Presentaiton

Balance Sheet [2]: Liabilities and Net Assets (Billion yen) June 30, 2019 Dec. 31, 2018 Difference Current Liabilities 153.7 144.8 8.9 Noncurrent 253.9 235.3 18.7 Liabilities Total Liabilities 407.7 380.1 27.6 Net Assets 556.9 567.0 (10.1) Total Liabilities 964.6 947.1 17.5 and Net Assets Reference: Exchange rates at end of period June 30, 2019 JPY/USD 108 JPY/EUR 122 kuraray Dec. 31, 2018 111 127 15

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