For Immediate Release

July 31, 2012

Sumitomo Chemical Reports
Consolidated Financial Results
For the Three Months Ended June 30, 2012
The Sumitomo Chemical Group’s consolidated financial results for the first quarter
ended June 30, 2012 were as follows. Sales declined by ¥11.9 billion compared withthe same period of the previous fiscal year, to ¥490.0 billion. The Group’s operating
income was ¥13.0 billion and ordinary income was ¥12.5 billion, both representing
year-on-year decreases. However, the Group posted a quarterly net income of ¥0.9billion, improving from the year-earlier period, when the Group posted anextraordinary loss of ¥29.0 billion from a one-time amortization of goodwill related to
its investment in an affiliate.
The Sumitomo Chemical Group’s financial results by business segment for the firstquarter ended June 30, 2012 were as follows.
Basic Chemicals
Market prices fell for methyl methacrylate and raw materials for synthetic fibers andtheir shipments also decreased. As a result, the segment’s sales decreased by ¥8.8
billion compared with the same period of the previous fiscal year, to ¥66.6 billion andoperating income declined by ¥9.5 billion to a loss of ¥2.5 billion.
Petrochemicals & Plastics
While market prices of synthetic resins fell, their shipments from overseas
subsidiaries increased. As a result, the segment’s sales increased by ¥7.5 billion
compared with the same period of the previous fiscal year, to ¥177.5 billion, andoperating income declined by ¥5.7 billion, to ¥0.1 billion, mainly because of higher
feedstock prices and lower selling prices.
IT-related Chemicals
Shipments of color filters and polarizing film used in liquid crystal displays (LCDs)increased, but selling prices declined. As a result, the segment’s sales decreased by¥1.2 billion compared with the same period of the previous fiscal year, to ¥70.3 billion,
and operating income declined by ¥2.9 billion, to ¥1.2 billion.
Health & Crop Sciences
In the area of crop protection chemicals, shipments of herbicides remained strong inoverseas markets, but domestic shipments decreased. Sales of the long-lasting
insecticidal mosquito net, Olyset ® Net, decreased due to lower demand. Market
prices of the feed additive methionine declined. As a result, the segment’s sales
declined by ¥4.4 billion compared with the same period of the previous fiscal year, to¥67.2 billion, and operating income decreased by ¥1.6 billion, to ¥6.5 billion.

Pharmaceuticals
Despite Japanese National Health Insurance drug price revisions, sales of Avapro®
(therapeutic agent for hypertension), Lonasen® (atypical antipsychotic), Trerief®
(therapeutic agent for Parkinson’s disease) and Metgluco® (biguanide oral
hypoglycemic) increased as a result of continued sales promotion activities. In North
America, sales of Latuda® (atypical antipsychotic) increased, but sales of Xopenex®
(short-acting beta-agonist) decreased as its patent will expire soon. As a result, thesegment’s sales declined by ¥5.6 billion compared with the same period of theprevious fiscal year, to ¥96.8 billion, and operating income decreased by ¥0.8 billion,to ¥12.6 billion.
OthersIn addition to the above five segments, the Sumitomo Chemical Group engages insupplying electrical power and steam, providing services for the design, engineering,and construction management of chemical plants, providing transport andwarehousing, and conducting materials and environmental analysis. The segment’ssales rose by ¥0.5 billion compared with the same period of the previous fiscal year,to ¥11.7 billion. Operating income remained unchanged at ¥1.2 billion.
The Company has revised its consolidated financial forecast of fiscal 2012
announced on May 10, 2012. It now projects its consolidated financial forecast tosales of ¥990.0 billion, operating income of ¥27.0 billion, ordinary income of ¥18.0billion and net income of nil for the half-year ending September 30, 2012, and sales of¥2,050.0 billion, operating income of ¥80.0 billion, ordinary income of ¥75.0 billion,
and net income of ¥30.0 billion for the 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.
For further details, please refer to today’s release titled “Sumitomo ChemicalAnnounces Revisions to its Consolidated Financial Forecast”.

Summary of Consolidated Results(1) Results of Operations:

Net sales
Operating income
Ordinary income
Income before income taxes
and minority interests
Net income (loss)

Net income (loss) per 1,000 shares

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 byBusiness Segment:
Net sales
Basic Chemicals
Petrochemicals & Plastics
IT-related Chemicals
Health & Crop Sciences
Pharmaceuticals
OthersOperating income (loss)
Basic ChemicalsPetrochemicals & Plastics
IT-related Chemicals
Health & Crop Sciences
Pharmaceuticals
OthersAdjustments

3 Months ended
June 30，2012
Yen （Millions）
USD (Thousands)*
489,959
6,177,771
13,008164,015
12,465
157,168

3 Months ended
June 30，2011
Yen （Millions）
501,90234,75638,911

10,630904

134,031
11,3989,295(9,752)

Yen553

USD*
7

Yen(5,966)

Yen （Millions）
28,415

USD (Thousands)*
358,278

Yen （Millions）
11,052As of June 30, 2012
Yen （Millions）
USD (Thousands)*
2,406,814
30,346,917
743,400
9,373,345

As of March 31, 2012
Yen （Millions）
2,336,953
720,901

3 Months ended
June 30，2012
Yen （Millions）
USD (Thousands)*
15,063
189,926(48,153)(607,149)
32,912414,979
151,576
1,911,184

3 Months ended
June 30，2011
Yen （Millions）
23,950(23,372)
4,269
157,809

3 Months ended
June 30，2012
Yen （Millions）
USD (Thousands)*

3 Months ended
June 30，2011
Yen （Millions）

66,554
177,472
70,27067,153
96,837
11,673489,959

839,1632,237,700
886,017846,715
1,220,994
147,182
6,177,771

75,328
169,959
71,446
71,503
102,470
11,196501,902(2,543)
108
1,152
6,499
12,625
1,153(5,986)
13,008(32,064)
1,362
14,52581,944
159,185
14,538(75,475)
164,015

6,987
5,805
4,059
8,076
13,464
1,229(4,864)34,756(Note)*:U.S. dollar amounts are translated from yen, for convenience only, at the rate of¥79.31= $1 prevailing on June 30, 2012.