Sumitomo Osaka Cement Co., Ltd.TSE: 5232

Explanatory Materials (For 2nd Quarter (Interim) of Fiscal Year Ending March 31, 2026)

· Issued by Sumitomo Osaka Cement Co., Ltd.
Explanatory Materials for Financial Results (For the 2nd Quarter (Interim) of Fiscal Year Ending March 31, 2026) November 11, 2025


Note: This document has been translated from the Japanese original for reference purposes only.

In the event of any discrepancy between this translated document and the Japanese original,

the original shall prevail.

Table of Contents

  1. Domestic Cement Demand / Our Sales Volume

  2. FY2025 2nd Quarter (Interim) Financial Summary

  3. FY2025 Full-year Earnings Forecast

  4. Supplementary Materials

  1. Domestic Cement Demand / Our Sales Volume Domestic cement demand

    1,870

    1,860

    1,739

    1,000

    1,634

    1,535

    0

    FY2021

    FY2022

    FY2023

    FY2024

    FY2025 Forecast

    2,000

    1,565

    1,631

    3,000

    3,100

    3,266

    3,458

    1,719

    3,728

    1,868

    3,788

    1,919

    4,000

    (Unit: 10,000 t)

    2nd half

    1st half

    1st half

    2nd half (Unit: 10,000 t)

    FY2025

    Forecast 137.6

    FY2024

    26.8

    FY2023



    Our domestic sales volume Our export volume

    1st half

    2nd half

    FY2025

    Forecast

    343.3

    351.8

    (Unit: 10,000 t)

    695.1

    FY2024

    356.6

    363.0

    719.6

    FY2023

    392.0

    385.1

    777.2

    64.6 73.0

    64.1 62.6

    1

    47.7 46.5

    94.2



  2. FY2025 2nd Quarter (Interim) Financial Summary

  • The Cement business saw improvements in profits and returned to profitability owing to the decline of coal prices and the impact of price hikes.

  • The Advanced Materials business saw a higher operating profit year-on-year owing to the ESC lineup etc.

  • Compared to the initial forecast, revenue fell due to a lower domestic sales volume in the Cement business, and the operating profit target was unachieved due to higher manufacturing fixed costs and the delayed impact of price hikes. Profit attributable to owners of the parent exceeded the initial forecast figure due to the recording of extraordinary

income and a gain on sale of cross-shareholdings. Unit: 100 million yen

YoY Comparison

① Net sales

  • Revenue fell due to lower domestic sales volume of cement.

    ② Operating profit

  • The Cement business saw an increase in operating profit due to the decline of coal prices and the impact of price hikes.

  • The Advanced Materials business saw an increase in operating profit owing to the ESC lineup etc.

    ③ Extraordinary income/losses, net

  • Increased due to the recording of a gain on sale of cross-shareholdings.

FY2024

1st Half

FY2025

1st Half

YoY Change

Difference

from Initial Forecast (May 13)

Net sales

1,086

1,058

-28

-56

Operating profit

(Cement business only)

22.8

(-16.7)

41.2

(0.4)

18.4

(17.0)

-6.8

(-8.6)

Non-operating income/expenses, net

-1.6

1.1

2.7

9.1

Ordinary profit

21.2

42.3

21.1

2.3

Extraordinary income/losses, net

-2.2

36.0

38.2

24.0

Profit attributable to

owners of the parent

9.4

55.9

46.5

5.9



2. FY2025 2nd Quarter (Interim) Sales and Income by Segment (Year-on-year)

Unit: 100 million yen

FY2024

1st Half

FY2025

1st Half

YoY Change

Difference from Initial Forecast

(announced at May 13, 2025)

Net sales

Operating profit

Net sales

Operating profit

Net sales

Operating profit

Net sales

Operating profit

Cement

776

-16.7

752

0.4

-24

17.0

-22

-8.6

Mineral Resources

88

16.2

86

14.8

-1

-1.5

-4

1.8

Cement-Related Products

119

7.8

106

4.3

-13

-3.5

-14

-2.7

Optoelectronics

11

-2.5

13

-0.7

1

1.8

-1

0.3

Advanced Materials

73

9.8

83

14.3

10

4.4

-14

1.3

Other

19

7.5

18

7.4

-1

-0.1

-1

0.4

Total

1,086

22.8

1,058

41.2

-28

18.4

-56

-6.8