Ferrotec Corporation Announces Summary of Business Results for the Fiscal Year Ended March 31, 2011 [Japan GAAP] (Consolidate

TOKYO, Aug. 5, 2011 (GLOBE NEWSWIRE) –

(Rounded down to million yen)

1. Consolidated business results for the fiscal year ended March 2011 (April 1, 2010 – March 31, 2011)

(Note) Comprehensive income:

Fiscal year ended March 2011: 2,726 million yen (310.8%)

Fiscal year ended March 2011: 663 million yen (–)

(Reference) Investment earnings/loss on equity-method: �

Fiscal year ended March 2011: 37 million yen��������

Fiscal year ended March 2010: 0 million yen

(Reference) Shareholders’ equity:���

Fiscal year ended March 2011: 24,660 million yen��������

Fiscal year ended March 2010: 22,129 million yen

2. Dividends

(Note) Breakdown of year-end dividend for fiscal 2011�Ordinary dividend: Yen 18.00 ��Commemorative dividend for the 30^th anniversary of our establishment:� Yen 2.00

3.Forecast of consolidated business results for the fiscal year ending March 2012

4. Others

(1) Changes in significant subsidiary during the period (changes in specified subsidiary accompanying changes in the scope of consolidation): Yes

New: 1 (company name) Hangzhou Solartech Co., Ltd.�� Excluded: –

(2) Changes in rules, procedures and indication methods of accounting process

(1) Changes due to revision of accounting standards: Yes

(2) Changes other than (1): None

(3) Shares outstanding (common stock)

(1) Number of shares outstanding at the end of period (treasury stock included)

(2) Treasury stock at the end of period:����

(3) Average number of stock during period (cumulative period)

(Reference) Summary of non-consolidated business results

1. Non-consolidated business results for the fiscal year ended March 2011

(April 1, 2010 – March 31, 2011)����������

(Reference) Shareholders’ equity:

Fiscal year ended March 2011: 22,743 million yen��������

Fiscal year ended March 2010: 21,424 million yen

* Implementation status of auditing procedure

This financial summary is not subject to auditing procedure pursuant to the Financial Instruments and Exchange Act. At the time of disclosure of this report, the auditing procedure of financial statements pursuant to the Financial Instruments and Exchange Act has not been completed.

* Explanation regarding appropriate use of business forecasts and other special instructions)

Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the Company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due to various factors.

CONTACT: Takeru Yamamura, Director
         T E L: +81-3-3281-8186

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