In FY2022, we will focus on rebuilding our structure in order to create a flow to the next mid-term plan.
(Announced in May, 2022)
Business strategy for maximizing operating cash flow
Increasing profitability of the cement business
Strengthen businesses other than cement
Capital allocation policy
Generate cash by selling cross-shareholdings
Maintain and enhance investments including environment
Stable dividend
5
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Sumitomo Osaka Cement Co. Ltd. published this content on 18 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2022 05:18:08 UTC.
Sumitomo Osaka Cement Co., Ltd. specializes in production and marketing of cements and building materials. Net sales break down by activity as follows:
- production of cement and building materials (85.7%): cement, aggregates, ready-to-use concrete, etc.;
- extraction of minerals (5%): limestone, dolomite, calcium carbonate, silica powder, etc.;
- manufacturing of advanced materials (44.5%);
- production of optoelectronic components (2.4%);
- other (2.4%): concrete structures maintenance and repair services, management of real estate assets, engineering services, etc.
At the end of March 2021, the group had 6 cement plants located in Japan.