For Immediate Release

July 31, 2012

Sumitomo Chemical Announces
Revisions to its Consolidated Financial Forecast

Based on recent performance trends, Sumitomo Chemical Co., Ltd. (“the Company”) has revised its
consolidated financial forecast announced on May 10, 2012.

Revision to Financial Forecast
1. Revised Consolidated Financial Forecast for the Half-Year Ending September 30, 2012
（Millions of yen）
Sales

Operating

Ordinary

IncomeIncomeNet income

Earnings Per
Share(yen)Previous Forecast (A)1,050,000

30,00026,00010,000

6.12

Revised Forecast (B)990,000

27,00018,00000.00

Variance in Amount (B-A)-60,000-3,000-8,000-10,000

-5.7

-10.0

-30.8

-100.0998,281

54,03548,993-2,713

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

-1.66

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

Operating

Ordinary

IncomeIncomeNet income

Earnings Per
Share(yen)Previous Forecast (A)2,230,000

90,00095,00040,00024.47

Revised Forecast (B)2,050,000

80,00075,00030,00018.35

Variance in Amount (B-A)-180,000-10,000-20,000-10,000-8.1-11.1-21.1-25.0

1,947,884

60,68850,714

5,587

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

3.42

3. Reasons for the Revision(1) Half-Year Ending September 30, 2012
The Company expects its half-year sales to be lower than previously forecasted on account oflower sales prices due to a lower-than-expected rise in the prices of naphtha and other feedstocks.
In spite of higher sales and lower expenses in the Pharmaceuticals segment, half-year operating
income is expected to be lower than previously forecasted because of a decline in margins in theBasic Chemicals segment, and due to lower shipments in the Health & Crop Sciences segment, inaddition to the impact of the continued yen appreciation. Furthermore, ordinary income is expected
to fall short of the previous forecast because of an increase in losses on foreign currencytransactions.
(2) Full-Year Ending March 31, 2013
The Company revised its full-year assumptions for the price of naphtha from ¥65,000 per
kiloliter to ¥52,000 per kiloliter, and for the yen/dollar exchange rate from ¥82.5 per dollar to¥80.0 per dollar.
Sales and operating income are expected to be lower than previously forecasted, mainlybecause of a decline in margins, primarily in the Petrochemicals & Plastics segment, in addition
to lower-than-expected demand growth for Petrochemicals & Plastics products and IT-related
products and the change in the assumptions above. Ordinary income and net income are also
expected to be lower than previously forecasted, mainly because of lower equity in earnings ofaffiliates.

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, andinvolve 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.