Sumitomo Chemical Co., Ltd. - Notice Regarding Payment Completed of New Shares as Restricted Stock Compensation
July 21, 2023 at 08:49 am EDT
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Sumitomo Chemical Co., Ltd. hereby announcesthat the payment procedure for the issuance of new shares as transfer-restricted share compensation, which was resolved at the Board of Directors meeting held on June 21, 2023, has been completed today.
For details of this matter, please refer to ' NoticeRegarding Issuance of New Shares as Restricted Stock Compensation ' dated June 21, 2023.
Sumitomo Chemical Co Ltd is one of the Japanese largest chemical groups. The group is also manufacturing and marketing pharmaceutical products. Net sales break down by family of products as follows:
- petrochemical and plastic products (25.8%): ethylene, polyethylene, propylene, elastomers, agricultural films, etc.;
- pharmaceutical products (23.9%): ethic drugs, radiopharmaceutical products, etc.;
- telecommunication chemical products (18.9%): optic films, pigments, filters, etc.;
- agrochemical and fine chemistryproducts (18.5%): insecticides, herbicides, fertilizers, food additives, etc.;
- functional chemical products (10.7%): methanol, caustic soda, aluminum hydroxide, alumina, nitric acid, acrylonitrile, active pharmaceutical ingredients, polymeric additives, resorcine, colorants, etc.;
- other (2.2%).
Net sales break down geographically as follows: Japan (31.7%), China (19.2%), Asia (19.5%), North America (17.7%), Europe (4.2%) and other (7.7%).
SUMITOMO CHEMICAL CO., LTD. 
