Sumitomo Osaka stock reports SSC Cement launch and falls 4.49 percent

Published on 10/08/2026 at 06:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sumitomo Osaka stock was trading at JPY 1,827.50 on October 8, 2026, below its JPY 2,172.33 yearly high. Q1 revenue reached JPY 56.061 billion.

Sumitomo Osaka, JP3400900001, Illustration mit AI erstellt.

Sumitomo Osaka stock (ISIN JP3400900001) was trading at JPY 1,827.50 on the Tokyo Stock Exchange on October 8, 2026 at 12:53 p.m. JST, down 4.49 percent from the prior close. The company website listed the launch of SSC Cement on October 1, 2026, adding a new corporate development to the cement producer's current strategy.

SSC Cement adds a new corporate date

According to the company website, SSC Cement was established on October 1, 2026. The website also presents cement-related operations, building materials and high-function products as core business areas.

The October 1 launch followed the publication of the 2026 integrated report on September 30, 2026. CemNet reported that Sumitomo Osaka Cement is targeting full-scale commercialization of artificial limestone technology from fiscal year 2030.

Revenue rose in fiscal 2026

For fiscal year 2026, revenue increased 1.9 percent to JPY 223.7 billion, according to Yuhodb. Operating profit reached JPY 13.6 billion, compared with JPY 9.35 billion in fiscal 2025, while net income rose to JPY 11.2 billion from JPY 9.01 billion.

The latest interim checkpoint came on August 4, 2026. Investing.com reported first-quarter fiscal 2027 revenue of JPY 56.061 billion and earnings per share of JPY 69.28. The revenue figure matched the published comparison estimate of JPY 56.061 billion.

Analysts set targets above the quote

According to Investing.com, six analysts form a consensus Buy view, with four Buy ratings, two Holds and zero Sells. The average 12-month target is JPY 6,401.70, with a high of JPY 6,810 and a low of JPY 6,000.

Markets Insider reported on October 1, 2026 that Morgan Stanley assigned a Hold rating and a JPY 6,300 price target. The average consensus target stands 250.30 percent above the October 8 quote, making the gap between market price and analyst expectations the central valuation feature.

Stock sits 15.89 percent below high

At JPY 1,827.50 on the Tokyo Stock Exchange on October 8, 2026, the stock was 15.89 percent below its 52-week high of JPY 2,172.33 and above its 52-week low of JPY 1,206.33. Market capitalization was JPY 173.7 billion, with volume of 251,800 shares.