Source disclosure: January 27, 2026
Sumitomo Osaka Cement Co., Ltd. [5232.T]
TOKYO, Jan 27 (Pulse News Wire) – Sumitomo Osaka Cement CO.,LTD. (5232.T) reported a special loss of ¥2.905 billion due to the planned closure of its Akashi Power Station by March 2026.
The decision was made during today's board meeting, considering upcoming emissions trading regulations. The power station, primarily supplying electricity to the company’s cement plant, will cease operations as part of strategic adjustments.
The impairment loss related to fixed assets associated with the power station will be recognized in the third quarter ending April 01, 2025. According to the company, this special loss has already been factored into their previously disclosed fiscal year 2026 earnings forecast released on November 11, 2025.
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