# Sumitomo Corporation to transfer 70% stake in S.C. Cement to Sumitomo Osaka Cement

Sumitomo Corporation agreed to transfer a 70% equity stake in its wholly owned subsidiary S.C. Cement to Sumitomo Osaka Cement. The transfer is scheduled to be completed on October 1, 2026.

- Type: Acquisition
- Announced: 2026-07-01
- Where: Japan
- Status: announced
- Products: cement, ready-mixed concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Sumitomo Corporation](https://endata.com/companies/6281.md)
- [Sumitomo Osaka Cement](https://endata.com/companies/72839.md) (acquirer)
- [S.C. Cement](https://endata.com/companies/92781.md) (target)

## Sources

- [sumitomocorp.com](https://www.sumitomocorp.com/en/jp/news/release/2026/group/21480), 2026-07-01: "Sumitomo Corporation has agreed to transfer a 70% equity stake in its wholly owned subsidiary, S.C. Cement Co., Ltd., to Sumitomo Osaka Cement Co., Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.