#SumitomoBakelite

Mr. Masayuki Hoshi is scheduled to be additionally appointed as an outside director candidate at the Annual General Meeting of Shareholders planned for June 2026.

The year-end dividend forecast for the fiscal year ending March 2026 has been revised upward by 5 yen from 55 yen to 60 yen per share, raising the full-year dividend forecast from 105 yen to 110 yen.

As of April 1, 2026, Toshio Fujii, Ken Ukawa, and Yuichi Hamada will be appointed as new executive officers. Vice President Executive Officer Masayuki Inagaki is scheduled to step down as Representative Director at the June 2026 Annual General Meeting of Shareholders.

Sumitomo Bakelite Co., Ltd. announced the plan to cancel 5,508,100 shares of common stock (5.87% of the total issued shares) on March 24, 2026.

For the third quarter of the fiscal year ending March 2026, revenue was JPY 237.833 billion (up 2.9% YoY), operating income was JPY 24.831 billion (up 36.2% YoY), and net income attributable to owners of the parent for the quarter was JPY 19.697 billion (up 53.2% YoY).

Revenue has been revised upward by JPY 6,500 million from the previous forecast to JPY 316,500 million (2.1% increase), and net income attributable to owners of parent has been revised upward by JPY 2,000 million to JPY 25,500 million (8.5% increase).

Sumitomo Bakelite resolved to acquire 1 share (purchase price 30 billion yen) of the newly established company succeeding part of Kyocera’s chemical business and make it a subsidiary. Establishment is planned for July 2026, with the company split effective date scheduled for October.