Sumitomo Chemical reports 11.7bn yen Q1 securities losses

Sumitomo Chemical reported 11.7 billion yen in unrealized securities losses for Q1 FY2026, equivalent to 30.3% of the previous year's net income. The company also recorded 18.4 billion yen in foreign exchange losses.

First-quarter revenue fell 14.0% to 526.1 billion yen, resulting in a 4.5 billion yen net loss despite core operating profit rising to 27.7 billion yen.