Explanatory Materials

(for the 1st Half of the fiscal year ending March 31, 2023)

November 9, 2022

Table of Contents

. FY2022 Measures Progress

  1. FY2022 Financial summary
  2. FY2022 Measures progress
  3. Shareholder return

. FY2022 1st Half Financial results / FY2022 Forecast

  1. Domestic cement demand/ Our sales volume
  2. FY2022 Financial results(forecast)
  3. Assets & liabilities / Cash flow /

Status of capital investment, etc.

. Supplementary material

2

Table of Contents

. FY2022 Measures Progress

  1. FY2022 Financial summary
  2. FY2022 Measures progress
  3. Shareholder return

. FY2022 1st Half Financial Results / FY2022 Forecast

  1. Domestic cement demand/ Our sales volume
  2. FY2022 Financial results(forecast)
  3. Assets and liabilities / Cash flow /

Status of capital investment, etc.

. Supplementary material

3

(1)FY2022 Financial summary

Comparison with the initial announcement (May))

Unit100 million yen

FY 2022

Changes from the beginning

of the year (May)

1st Half

2nd Half

Year

1st Half

2nd Half

Year

Forecast

Net sales

957

1,117

2,074

▲23

39

16

Operating

▲61.1

5.6

▲55.5

▲51.1

▲61.4

▲112.5

income

Ordinary

▲54.9

8.9

▲46.0

▲56.9

▲61.1

▲118.0

income

Quarterly net

Profit(loss)

▲29.1

23.1

▲6.0

▲34.1

▲40.0

▲74.0

attributable to

owners of parent

4

  1. FY2022 Measures progress status

Basic policy for FY2022 measures

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.