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Process Industries

Sumitomo Chemical Co., Ltd.

Business Summary

Sumitomo Chemical Co., Ltd. engages in the manufacture and sale of chemicals. It operates through the following segments: Petrochemicals, Energy and Functional Materials Sector, IT-related Chemicals Sector, Health and Crop Sciences Sector, Pharmaceuticals Sector and Others. The Petrochemicals segment consists of synthetic resin, rubber and other resin processed products. The Energy & Functional Materials Sector manufactures and sells battery parts, engineering plastics, synthetic rubber, dye, addition agent, chemical and aluminum products. The IT-Related Chemicals segment sells optical products, color filters, semiconductor processing materials, compound semiconductor materials, and battery components. The Health and Crop Sciences segment distributes fertilizers, pesticides, insecticides, tropical infectious disease control materials, and feed additives. The Pharmaceuticals segment develops and sells ethical pharmaceuticals, radiopharmaceutical, and radiation therapy equipment. The Others segment provides supply of electrical power and steam, design, engineering and construction services for chemical plants, transportation and warehousing services, and conduct of materials and environmental analysis. The company was founded on September 22, 1913 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue2,765.32B24,608.48M
Gross Profit820,499M7,301.58M
Operating income188,463M1,677.12M
Income before tax208,956M1,859.49M
Net income162,130M1,442.78M
EBITDA345,130M3,071.29M
Diluted EPS99.160.88
Dividends Per Share240.21
Total Assets4,308.15B35,494.55M
Total liabilities2,606.17B21,472.08M
Total equity1,218.10B10,035.84M
Operating cash flow171,715M1,528.08M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,190.50B 2,318.57B 2,225.80B 2,286.97B 2,765.32B
Gross Profit 734,553M 724,352M 685,112M 741,037M 820,499M
Operating income 195,892M 163,787M 120,426M 159,962M 188,463M
Income before tax 240,811M 188,370M 121,247M 150,262M 208,956M
Net income 133,768M 117,992M 30,926M 46,043M 162,130M
EBITDA 302,995M 276,282M 252,167M 295,979M 345,130M
Diluted EPS 81.77 72.11 18.91 28.16 99.16
Dividends Per Share 22 22 17 15 24
Total Assets 3,068.68B 3,171.61B 3,654.08B 3,990.25B 4,308.15B
Total liabilities 1,816.47B 1,819.73B 2,261.49B 2,508.13B 2,606.17B
Total equity 927,141M 998,702M 923,990M 1,019.23B 1,218.10B
Operating cash flow 293,250M 208,143M 106,012M 374,464M 171,715M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 19,764.15M 20,907.87M 20,471.72M 21,563.58M 24,608.48M
Gross Profit 6,627.60M 6,531.89M 6,301.28M 6,987.13M 7,301.58M
Operating income 1,767.46M 1,476.96M 1,107.61M 1,508.25M 1,677.12M
Income before tax 2,172.74M 1,698.63M 1,115.16M 1,416.79M 1,859.49M
Net income 1,206.93M 1,064.00M 284.44M 434.13M 1,442.78M
EBITDA 2,733.81M 2,491.39M 2,319.29M 2,790.74M 3,071.29M
Diluted EPS 0.73 0.65 0.17 0.26 0.88
Dividends Per Share 0.19 0.19 0.15 0.14 0.21
Total Assets 28,854.57M 28,654.45M 33,848.24M 36,110.89M 35,494.55M
Total liabilities 17,080.11M 16,440.63M 20,948.49M 22,698.05M 21,472.08M
Total equity 8,717.82M 9,022.92M 8,559.02M 9,223.80M 10,035.84M
Operating cash flow 2,645.88M 1,876.94M 975.04M 3,530.76M 1,528.08M

Valuation Measures

Mar 2022
PER5.66
ROA3.90%
ROE14.49%
Operating margin6.81%
Profit margin5.86%

Key executives

  • President & Representative Director: Keiichi Iwata
  • Head-Corporate Communication & Finance: Keigo Sasaki
  • Director & Vice President: Hiroshi Ueda
  • Executive Officer & Head-Functional Resin Business: Yasuaki Sasaki
  • Executive Officer, Head & Manager-Legal Affairs: Kenji Ono

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.8%)
  • BlackRock Fund Advisors (4.6%)
  • Sumitomo Life Insurance Co. (4.2%)
  • Nomura Asset Management Co., Ltd. (3.7%)
  • Nippon Life Insurance Co. (2.4%)
  • The Vanguard Group, Inc. (2.4%)
  • Sumitomo Life Insurance Pension Fund (1.7%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Sumitomo Chemical Employee Stock Ownership Plan (1.4%)

Contact Details

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Competitors

  • FMC Corporation
  • Idemitsu Kosan Co., Ltd.
  • Mitsubishi Chemical Group Corporation
  • BASF SE
  • Mitsui Chemicals, Inc.
  • Resonac Holdings Corporation
  • Bayer AG
  • Dow, Inc.
  • Tosoh Corporation
  • ENEOS Holdings, Inc.
  • UPL Limited
  • ADAMA Ltd. Class A
  • Exxon Mobil Corporation
  • Shell Plc
  • Saudi Basic Industries Corp.
  • DuPont de Nemours, Inc.
  • Saudi Arabian Oil Co.
  • Asahi Kasei Corporation
  • TotalEnergies SE
  • Nufarm Limited
  • LyondellBasell Industries NV
  • Formosa Plastics Corporation
  • China Petroleum & Chemical Corporation Class H
  • Braskem S.A. Pfd A
  • Chevron Corporation
  • Cosmo Energy Holdings Co., Ltd.
  • Reliance Industries Limited
  • Phillips 66
  • Solvay SA
  • Sino-Agri Leading Biosciences Co., Ltd. Class A
Last Updated on 27 Mar, 2023

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