Sumitomo Chemical Company, Limited has formulated and is currently executing its Three-Year Corporate Business Plan spanning the period from fiscal 2007 to 2009. The current Corporate Business Plan builds on the steady business expansion and profit growth achieved during the term of the previous Corporate Business Plan executed from fiscal 2004 to 2006 and is modeled on its basic principles. While positioning the successful accomplishment of the Rabigh Project, with commercial operations to start in the latter half of 2008, as the most important objective to achieve, the current plan also incorporates measures designed to propel the Company through a quantum leap in its further business development.

To achieve and consolidate high profitability and secure sustained growth potential to generate the added value our shareholders expect in our business as we work to take a Quantum Leap in our business development as a Global Company.