SUMCO CORPORATION is a Japan-based manufacturing company that is mainly engaged in the high-purity silicon business. The Company operates through two business divisions. The Semiconductor Silicon Wafer division manufactures and sells various silicon wafers for semiconductors, including polished wafers, epitaxial wafers and special wafers. The Others division, through its subsidiaries, manufactures silicon wafers for solar batteries, and manufactures and sells high-purity quartz crucibles. The Company has nine domestic subsidiaries, as well as 15 overseas subsidiaries in the United States, the United Kingdom, Indonesia, Singapore, Taiwan and Korea.
Quick Financial Synopsis
BRIEF: For the six months ended 31 July 2009, SUMCO CORPORATION's revenues decreased 58% to Y95.78B. The Company's net loss totaled Y52.92B, vs. an income of Y25.61B. Revenues reflect lower sales especially from North America, Asia and domestic markets. Net loss also suffers from higher percentage of selling, general and administrative expenses and cost of sales as well as increased interest expense.