Sumitomo Chemical Company, Limited Provides Earnings Guidance for the Half-Year Ending September 30, 2021
September 30, 2021 at 02:45 am EDT
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Sumitomo Chemical Company, Limited provided earnings guidance for the half-year ending September 30, 2021. For the period, the company expects sales revenue of JPY 1,360,000 million, operating income of JPY 135,000 million, net Income attributable to owners of the parent of JPY 80,000 million and earnings per share of JPY 48.93.
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. 
