For Immediate Release

October 30, 2015

Sumitomo Chemical Reports
Consolidated Financial Results
For the Half-Year Ended September 30, 2015

The Sumitomo Chemical Group’s sales for the half-year ended September 30, 2015 totaled¥1,075.9 billion, a decrease of ¥52.6 billion compared with the same period of the previous
fiscal year. The Group posted operating income of ¥74.2 billion, ordinary income of ¥100.4
billion and net income attributable to owners of the parent of ¥60.9 billion, all representing
year-on-year increases.

This year marks the 100th anniversary of the commencement of Sumitomo Chemical'soperations. Sumitomo Chemical decided to pay an interim dividend of ¥8 per share,comprised of a commemorative dividend of ¥2 per share in addition to an ordinary
dividend of ¥6 per share.

The Sumitomo Chemical Group’s financial results by business segment for the half-year
were as follows.

Petrochemicals & Plastics
Market prices of petrochemical products and synthetic resins declined because of lower
feedstock prices. Shipments of petrochemical products and synthetic resins decreased
due to a change in the commercial distribution channel for petrochemical products fromPetro Rabigh and the restructuring of the petrochemical business at the Chiba Works. Theweaker yen had a positive effect on sales from overseas subsidiaries in yen terms. As aresult, the segment’s sales decreased by ¥108.9 billion from the same period of theprevious fiscal year, to ¥362.1 billion. Operating income increased by ¥12.0 billion, to¥13.4 billion, due to higher profit margins.

Energy & Functional Materials
Sales of aluminum and resorcinol, a raw material for adhesives, declined due to adecrease in shipments. Market prices for synthetic rubber dropped due to lower raw
materials prices. As a result, the segment’s sales decreased by ¥5.3 billion from the same
period of the previous fiscal year, to ¥93.4 billion. The operating loss decreased by ¥0.4billion, to ¥0.3 billion, due to higher profit margins.

IT-related Chemicals
Although selling prices of polarizing film used in liquid crystal displays (LCDs) andtouchscreen panels declined, shipments of these products increased due to growth indemand. The weaker yen had a positive effect on sales from overseas subsidiaries in yen
terms. As a result, the segment’s sales rose by ¥25.2 billion from the same period of theprevious fiscal year, to ¥219.9 billion. Operating income grew by ¥4.2 billion, to ¥18.7billion.

Health & Crop Sciences
Sales of the feed additive methionine rose sharply due to higher market prices. As a result,including the positive effect of the weaker yen, the segment’s sales increased by ¥15.8
billion from the same period of the previous fiscal year, to ¥157.3 billion. Operating
income grew by ¥15.6 billion, to ¥27.1 billion.

Pharmaceuticals
In Japan, despite efforts to increase shipments of Aimix® (anti-hypertension drug) andother drugs, sales declined due largely to a decrease in shipments of patent-expired
originator drugs. In North America, sales of Latuda® (atypical antipsychotic) increased.
The weaker yen had a positive effect on sales from overseas subsidiaries in yen terms. As
a result, the segment’s sales grew by ¥20.5 billion from the same period of the previous
fiscal year, to ¥215.0 billion. Operating income rose by ¥3.9 billion, to ¥19.4 billion.

OthersIn addition to the above five segments, the Sumitomo Chemical Group engages insupplying electrical power and steam, providing services for the design, engineering, andconstruction management of chemical plants, providing transport and warehousing, andconducting materials and environmental analysis. The segment’s sales came to ¥28.3billion, almost unchanged from the same period of the previous fiscal year. Operating
income increased by ¥1.5 billion, to ¥4.2 billion.

Sumitomo Chemical has revised its consolidated financial forecast for the full-year
ending March 31, 2016, previously announced on May 12, 2015, as follows.

Sales

OperatingOrdinary

IncomeIncome(Millions of yen)
Net income
Earnings
attributable toper Shareowners of the(yen)parentPrevious Forecast (A)2,250,000

145,000

160,000

80,000

48.95

Revised Forecast (B)2,250,000

155,000

170,000

80,00048.95

Variance in Amount (B-A)-

10,00010,000-

Variance in Percentage (%)

-

6.9

6.3

-

2,376,697

127,346

157,414

52,192

Results for Full-Yearended March 31, 2015

31.93

Despite a decrease in shipments of products in the IT-related Chemicals Sector, operating
income is expected to exceed the previous forecast due mainly to higher profit margins in
the businesses of the Petrochemicals & Plastics Sector and the Health & Crop Sciences
Sector.

Ordinary income is also anticipated to exceed the previous estimate. There is no change
in the forecast for net income attributable to owners of the parent, as certain restructuring
expenses are expected to be reported for the second half of the current fiscal year.

The new forecast is based on the assumptions of a foreign exchange rate of ¥120/US$ anda naphtha price of ¥50,000/kl for the second half of the current fiscal year.

(Note) Change in Business Segment Classification Methods

Due to Sumitomo Chemical’s organizational reform as of April 1, 2015, the Basic Chemicals Segment
was eliminated, and businesses in this segment were split up and transferred to the Petrochemicals &Plastics Segment and the Energy & Functional Materials Segment, which was established as a newbusiness segment. In addition, some of the businesses in the Petrochemicals & Plastics Segment weretransferred to the Energy & Functional Materials Segment.

Inorganic chemicals, raw materials for synthetic fibers, organic chemicals, and methyl methacrylate,which had been included in the Basic Chemicals Segment, were transferred to the Petrochemicals &Plastics Segment. Alumina products, aluminum, functional materials, additives, and dyes, which had
also been included in the Basic Chemicals Segment, were transferred to the Energy & Functional
Materials Segment. In addition, synthetic rubber, which had been included in the Petrochemicals &Plastics Segment, was transferred to the Energy & Functional Materials Segment. One of the Company’s
consolidated subsidiaries, formerly categorized under the Health & Crop Sciences Segment, has been
categorized into the Energy & Functional Materials Segment.

Cautionary Statement
Statements made in this release 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 andbeliefs 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 theforward-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 inthe marketplace; Sumitomo Chemical’s ability to continue to win acceptance for its products in thesehighly competitive markets; and movements of currency exchange rates.

Summary of Consolidated Results(1) Results of Operations:

Net sales
Operating income
Ordinary income
Income before income taxes
Net income
Net income attributable tonon-controlling interests
Net income attributable toowners of the parent

Net income per 1,000 sharesDividends per 1,000 shares:
Interim dividends

Comprehensive income(2) Financial Position:
Total assets
Total net asset(3) Cash Flows:

Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period(4) Results of Operations by
Business Segment:
Net sales
Petrochemicals & Plastics
Energy ＆ Functional Materials
IT-related Chemicals
Health & Crop Sciences
Pharmaceuticals
OthersOperating income (loss)
Petrochemicals & Plastics
Energy ＆ Functional Materials
IT-related Chemicals
Health & Crop SciencesPharmaceuticals
OthersAdjustments

6 Months ended
September 30, 2015
Yen (Millions)
USD (Thousands)*1
1,075,863
8,968,515
74,244
618,906
100,395
836,904
105,028
875,525
77,933649,658

6 Months ended
September 30, 2014
Yen (Millions)
1,128,417
36,177
52,83552,43731,92017,037142,022

9,332

60,896507,636

22,588Yen
37,261

USD*1
311

Yen
13,820

8,000

67

6,000

Yen (Millions)
47,017

USD (Thousands)*1
391,939

Yen (Millions)
62,077

As of September 30, 2015
Yen (Millions)
USD (Thousands)*12,848,727
23,747,307
1,152,811
9,609,962

As of March 31, 2015
Yen (Millions)
2,880,396
1,118,216

6 Months ended
September 30, 2015
Yen (Millions)
USD (Thousands)*1
132,906
1,107,919(7,772)(64,788)(50,550)(421,390)
271,106
2,259,970

6 Months ended
September 30, 2014
Yen (Millions)
14,028(27,896)
49,734
174,652

6 Months ended
September 30, 2015
Yen (Millions)
USD (Thousands)*1

6 Months ended
September 30, 2014
Yen (Millions)*2

362,077
93,391
219,864
157,252
214,953
28,326
1,075,863

3,018,314
778,518
1,832,811
1,310,870
1,791,872
236,130
8,968,515

470,940
98,697
194,680
141,477
194,411
28,212
1,128,417

13,355(299)
18,69327,052
19,352
4,194(8,103)74,244111,329(2,492)
155,827
225,509161,320
34,962(67,549)
618,906

1,308(735)
14,494
11,416
15,4392,695(8,440)
36,177(Note)*1:U.S. dollar amounts are translated from yen, for convenience only, at the rate of¥119.96= $1 prevailing on September 30, 2015.
*2:New business segmentation is applied to consolidated results of previous year.