For）mmediateRe］ease
February3，2009
s
ForTheNineMonthsEndedDecember31，2008
TowardtheendoftheninemonthsendedDecember312008，aStheturmoilinglobal
financialmarketsseriousIyaffectedthereaLeconomiesoftheU．S．andother
■ COuntriesworldwide，theJapaneseeconomywasinaworsenMgreCeSSion．Exports
decreasedconsiderablyowIngtOfa11ingdemandandthestrongyen，andcapital
investmentandcon＄umerSPendingdeclined．Underthesecircumstances，the
SumitomoChemicalGroup’sconso）idatedsalesforthenine・mOnthperiodincreased
OVerthesameperiodthepreviousyearby￥61．6bi”ionto￥1，452．6bmion．However，
highpnce＄forrawmaterialsduringthe＄eCOndfi＄CaJquarter，inadditiontofactors
SuChasrapid）ydecreaslngdemand，fa”ingmarketpncesandthestrongeryenfrom
thebeginnlngOfthethirdfiscalquarter，CauSedoperatinglnCOme，OrdinarylnCOme
andnetincometodeclinefromthesameperiodlastyearto￥42．3bi”ion，￥26．2bi”ion
and￥0．8billionrespectively．
TheCompany’sconsolidatednine・mOnthfinancialresultsbybusinesssegmentare
a＄f01lows．
lntheBasicChemicaIsseqment，Salesofaluminumandrawmaterialsforsynthetic
fibersdecreasedwithdecliningshipmentsandfa”ingmarketpricesduringthethird
fi＄Calquarter．Salesofmethylmethacrylate（MMA）wereatthesamelevelasthe
COrreSPOndingperiodJastyearbecauseoverseasshipmentsincreasedbutdomestic
Sa（esremainedweak．Consequently，thesegment’ssale＄declinedyearonyearby
￥27．9billionto￥206．1bi”ionandoperating）nCOmedecIinedby削7．3biL）iontoaloss
Of￥7．7billion．
lnthePetrochemica］s＆Plasticsseqment，Shipmentsofsyntheticresinsand
PetrOChemicalproductssuchaspropyleneoxidesawadecreasegolngintothethird
fiscalquarter．However，SalesincreasedbecauseoftheCompany’sse］lingprlCe
increasesinJapanthatreflectedtheriseinfeedstockprtcesuntilthesecondfiscal
quarteraswe”ashighermarketpricesinAsia，Asaresu［t，Salesforthesegment
increasedby￥25．5bi”ionoverthesameperiodthepreviousyearto￥466．4bi”ion，
andoperatinglnCOmedecreasedby￥14．9bilIionyearonyeartoalossof￥10．6
billion．
fntheFineChemjcalsse（］ment，Salesofproductssuchaspharmaceuticalchemica［s
andadhesivesrawmateriaIsdecreasedbecauseofweakershipmentsandthe
StrOngeryen．Con＄equently，the＄egment’ssale＄decreasedby￥3．3bi”ioncompared
Withthesameperiodthepreviousyearto￥66．2bi］Jion，andoperatinglnCOme
decreasedby￥5．5billionto￥3，6bi”ion．
lnthelT・relatedChemicalsseqment，SaIesofpolarJZ［ngfi）m，amaterialforliquid
CryStaJdisplays，increasedsupportedbytheCompany’sproductioncapacity
increase＄andproductivityimprovementimpIementedtomeetincreaslngdemandin
Korea，1biwanandChina．ShipmentsofcolorfiltersaJsogrewsteadilylAsare＄u］t，
thesegment’ssalesincreasedoverthesameperiodthepreviousyearby￥40．8billion
to￥254．9bi”ion，andoperatinglnCOmeincreasedby￥17．5bi”ionto￥17．7bi”ion．
TntheAqriculturalChemicalssegment，SalesofagrochemicaIsincreasedthanksto
StrOngdemandmainlyinoverseasmarkets，and＄alesoffeedadditivesrosewith
higherseIIingprlCeSOnthebackofrobustdemand，inspiteoftheefFectsofthe
StrOngeryen．SalesofOIysetNetsalsopostedstronggrowth．Asaresult，Sale＄for
thesegmentincreasedby￥22．7biMonoverthesameperiodJastyearto￥165．3biJJion，
andoperatinglnCOmeincreasedby￥4．ObiJIionto￥15．5bi”ion．
lnthePharmaceuticalsseqment，SalesofAm10din（therapeuticagentfbr
hypertensionandanginapectoris）decreasedowingtotheexpirationofit＄Patent，in
additiontotheJapanesegovernment’srevi＄ionofreimbursementpricesfor
PharmaceuticaJs・SalesofGasmotih（gastroprokinetic）・轡en（Carbapenem
antibiotic），andfbrenal（VaSOdi（ator）wereafFectedbythepncerevisionsbut
remainedatthesamelevelsasthecorre＄POndingperiod［astyear，SuPPOrtedby
COntinuedmarketingefForts・lnaddition，SaJesofnewproductsLonasen（agentfor
thetreatmentofschizophrenia）andAvapro（agentforthetreatmentofhypertension）
COntributedtosalesforthesegment．Asaresu（t，thesegment，ssaleswere￥179．9
bi”jon，OnParWiththesameperiodIastyear・OperatinglnCOmedecreasedby￥9・7 ●
bi”ionto￥28・9billion，PrlmariJybecauseofincreasedresearchanddevelopment
eXPenSOS・
lntheOthersseqment，theCompanyprovide＄electricalpowerandsteam，and
SerVicesforchemicalpIantdesign，eng．neerlngandconstructionmanagement，
transportandwarehou＄［ng，andmaterialsandenvironmentalanalysis・TheCompany
alsoconduct＄deve10Pmentandsalesactivitiesinnewbusinessfields＄uChas
POlymerorganiclightemittingdiodes．Salesforthesegmentincreasedby￥3．2b‖ion
OVerthesameperiodthepreviousyearto￥113．9biJJion．OperatinglnCOmedecrea＄ed
yearonyearby￥6．6bilIiontoalossof￥3．2billionmainlybecauseofincreased
researchanddevelopmentexpen＄eSaSSOCiatedwithnewbusinesses．
TheCompany’sconsoJidatednetincomedecreasedby￥39．7bi”ionfromthesame
PeriodJastyearto￥0・8biJIion，mainlybecauseoftheIoweroperatingincome，a
Significanttossfromforeigncurrencyexchangeandasteepdeclineinequity
eamlng＄fromaffiIiates．
Becauseoflowersalesvolume＄duetoworsenlnggJoba］economiccondition＄and
theefFectsofastrongeryen，theCompanyhasreviseditsfinanciaLforecastforthe
fullyearendingMarch31，2009downwardtosa［esof￥1，820・ObjJJion，OPeratjng
incomeof￥30．Obi”ion，OrdinaryJnCOmeOf￥0，andanetJossof判5．ObilJion．
TheCompanyhasalsorevi＄editsprojectedvear・enddividendfrom￥6per＄hareto
￥3pershare・AsaresuIt，theCompany’sprqjecteddivjdendwi”be￥9per＄hareona
full・yearba＄is．
SummaryofConsolidatedResults
（1）Resu（tsofoperatjons：
Net Sales
Operating lncome
Ordinary lncome
9Monthsended
December31，2008
（US＄1．000）
（半Miltion）
‡ 1．452．626
＄ 15．957，662
464，506
42，284
287，477
26，169
9Monthsended
December31．2007
（半M川ion）
236，845
8，327
89，768
40，483
半 1，390，983
75，944
85，483
lncomeBeforelncomeTaxes
21，560
andMinoritylntcrests
Net（ncome
758
（ Yen ）
Netincomeperl．000shares
‡
（ US＄ ）
＄
（ Yen ）
5
AsofDecember31．2008
（2）FinancialPosition：
TotalAssets
459
AsofMarch31，2008
（US＄1，000）
（‡MiIIion）
￥
＄ 24，800，374
9，859，299
半
2，257，578
897，492
（ Yen ）
400．242
（ US＄ ）
4，397
BookValueperl，000shares
‡
（3）Cash仙ws：
9Monthsended
December31，2008
（半M‖ion）
（US＄1，000）
半
＄ 329，243
29．971
（4）ResuItsofOperationsby
BusinessSegment：
NetSales
BasicChemica）s
Petrochemicals＆Plastics
FineChemicals
IT−relatedChemicals
AgriculturalChemjcals
Pharmaceuticals
Others
Operatinglncome
BasicChemicaJs
PetrochemicaJs＆PJastics
FineChemicals
IT−relatedChemicals
Agricu［turalChemicals
Pharmaceuticals
Others
Elimination
＄
2．358，929
1．006，046
（ Yen ）
‡
465，213
9Monthsended
December31．2007
（‡M＝ion ）
‡
（1．701，604）
（154．897）
105，141
（173，626）
1，243．898
1．015，566
41．132
99，200
9Monthsended
December31．2008
（US＄1．000）
（半 Mi”ion）
9Monthsended
December31．2007
（‡M＝ion）
206，089
466，362
66，224
254，876
165，285
179．901
113，889
‡ 1，452．626
半
l13，232
92，447
‡
半
（7，665）
＄ 15，957，662
234，028
440，867
69，571
214，030
142，595
179，249
110．643
半 1，390，983
＄ （84，203）
￥
＄ 2−263，968
5，123，168
727，496
2，799，912
1，815，720
1．976．283
1．251，115
（10，579）
（116．214）
3．583
17．674
15．452
‡
39，361
194．156
16g，746
28，901
317，489
（3，191）
（1，8gl）
（35，054）
42，284
464，506
★U．S．dollaramountsaretrans［atedfromyen，forconvenienceonly，attherateof
9．646
4，292
9，085
178
11，433
38，580
3，413
（20，773）
＄
（Note）
￥91．03＝＄1prevaj］ingonDecember31，2008．
24，516
（‡Mi＝on）
TotalNetAsset
Cashflowsfromoperatingactivities
Cashflowsfrominvestingactivities
Cashf］owsfromfinancin
activities
uivaIentsatendof
eriod
Cashandcash
半
（683）
‡
75，944