Sumitomo Osaka Cement Co.,Ltd.

Sumitomo Osaka Cement Group is a comprehensive materials manufacturer centered on cement. With its cement business at the core, it operates businesses in mineral products, construction materials, optoelectronics, new materials and other areas. The Group comprises 45 consolidated subsidiaries and 13 affiliates, and its business activities include the manufacture and sale of cement and ready-mixed concrete; electricity sales at cement plants; the acceptance and processing of recycled fuels and raw materials; various quality testing services; the manufacture and sale of repair materials for construction materials; the manufacture and sale of optical communications components and measuring instruments; the manufacture and sale of ceramic products, nanoparticle materials and other new materials; and the leasing of idle land and the provision of information-processing services. Over the long term, the Group has established SOC Vision2035, setting out its desired position in 2035 as an “environmental solutions company” and its “challenge to move away from coal,” and is promoting SOCN2050, which sets targets including a reduction in energy-related CO2 emissions intensity by FY2030. Through a series of medium-term plans toward 2035, covering FY2023–FY2025 and FY2026–FY2028, the Group aims to improve the profitability of existing businesses, establish a foundation for growth, strengthen its management foundation, grow its intangible assets and promote digitalisation.