Sumitomo Chemical Reports Unrealized Losses on Securities as of September 30, 2021
October 27, 2021 at 02:28 am EDT
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For Immediate Release
October 27, 2021
Sumitomo Chemical Reports
Unrealized Losses on Securities as of September 30, 2021
Sumitomo Chemical has assessed its total unrealized losses on securities as of September 30, 2021, as shown below.
Assessed securities
(Millions of yen)
(A) Total unrealized losses on securities as of September 30,
26,752
2021 (consolidated)
(B) Consolidated net income attributable to owners of the
parent for the fiscal year ended March 31, 2021
46,043
(58.1%)
(A/Bx100)
Note: 1.
All of the "investment in affiliates" with market values that could be calculated
rationally, including securities listed on overseas financial markets, were
assessed.
2.
Book value of assessed securities
¥68,828 million
Market value of assessed securities
¥42,076 million
(Reference)
Unrealized gains on securities as well as the net unrealized gains as of September 30, 2021 are shown below.
(Millions of yen)
(C) Unrealized gains on securities as of September 30, 2021
215,128
(D) Net unrealized gains as of September 30, 2021 (C-A)
188,376
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Sumitomo Chemical Co. Ltd. published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 06:27:06 UTC.
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. 
