For Immediate Release

October 31, 2012

Sumitomo Chemical Announces Variances between its Financial Forecast andActual Results for the Half-year Ended September 30, 2012 and Revisions to its
Financial Forecast and Projected Dividend for Fiscal 2012
Sumitomo Chemical Co., Ltd. (“the Company”) has announced variances between its
consolidated financial forecast for the half-year ended September 30, 2012, previously
announced on July 31, 2012, and the actual results for the same period announced today.
The Company also announced that it has revised its consolidated financial forecast for thefull-year ending March 31, 2013 and projected dividend as detailed below.
1. Variances between Consolidated Financial Forecast and Actual Results for the Half-Year Ended
September 30, 2012
(Millions of yen)
Sales

Operating

Ordinary

IncomeIncomeNet Income

Earnings per
Share (yen)Forecast (A)990,000

27,00018,00000.00

Actual Results (B)961,383

24,481

18,948-13,114-8.02

Variance in Amount (B-A)-28,617-2,519948-13,114

-2.9

-9.3

5.3

-998,281

54,03548,993-2,713

Variance in Percentage (%)
Results for Half-Year endedSeptember 30, 2011

-1.66

2. Revisions to Consolidated Financial Forecast for the Full-Year Ending March 31, 2013
(Millions of yen)
Sales

OperatingOrdinary

IncomeIncomeNet Income

Earnings per
Share (yen)Previous Forecast (A)2,050,000

80,00075,00030,000

18.35

Revised Forecast (B)2,020,000

65,00062,00010,000

6.12-30,000-15,000-13,000-20,000

-1.5

-18.8

-17.3

-66.7

1,947,884

60,68850,714

5,587

Variance in Amount (B-A)
Variance in Percentage (%)
Results for Full-Year ended
March 31, 2012

3.42

3. Reasons for the Variances and Revisions(Half-Year Ending September 30, 2012)
Sales and operating income were lower than the previous forecast due to lower shipments ofproducts in the Basic Chemicals and IT-related Chemicals segments as a result of a slowdown in
the world economy. Net income was also lower than the previous forecast due to a reversal of a
portion of deferred tax assets in light of actual results for the first half of the current fiscal year andthe revised financial forecast for the full year.
(Full-Year Ending March 31, 2013)
In the second half of the fiscal year, with an expectation of continued economic stagnation inEurope and a continuation of the economic slowdown in emerging market countries, because
both the improvement in margins in the Basic Chemicals segment and the recovery in demand for
products in the Petrochemicals & Plastics and IT-related Chemicals segments are anticipated tobe below previous expectations, sales and operating income are expected to be lower thanpreviously forecast.
4. Revision to Projected Dividend for Fiscal 2012

Previous Estimates
Revised Estimates
Dividend Paid
Dividend for Fiscal 2011

Dividend at End of First
Half of Fiscal 2012
Yen－－6.00
6.00

Dividend per ShareDividend at End of Fiscal
2012
Yen
3.00
not decided－
3.00

Total
Yen
9.00
not decided－
9.00(Reasons for the Revision)
The Company places a high priority on shareholder return and makes it a policy to maintain astable dividend while comprehensively taking into consideration financial results for each fiscal
year, its dividend payout ratio and the amount of retained earnings necessary for businessdevelopment.
Amid growing uncertainty over the world economy, the Company previously projected a year-end
dividend of ¥3 per share, but no projection was made this time because of the revisions to theearnings forecast for fiscal 2012. The Company will announce its year-end dividend projection
after full consideration of its financial forecast for the second half of the current fiscal year and thenext fiscal year that will end March 31, 2014.

Cautionary Statement
Statements made in this document with respect to Sumitomo Chemical’s current plans, estimates,
strategies and beliefs that are not historical facts are forward-looking statements about the future
performance of Sumitomo Chemical. These statements are based on management’s assumptions
and beliefs in light of the information currently available to it, and involve risks and uncertainties.
The important factors that could cause actual results to differ materially from those discussed in
the forward-looking statements include, but are not limited to, general economic conditions in
Sumitomo Chemical’s markets; demand for, and competitive pricing pressure on, Sumitomo
Chemical’s products in the marketplace; Sumitomo Chemical’s ability to continue to win
acceptance for its products in these highly competitive markets; and movements of currency
exchange rates.