Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Sumitomo writes down losses on Nufarm

Sumitomo Chemical has made a one-time write-down of goodwill related to its investment in Nufarm, citing the “significant” decline in the Australian company’s share value. The amortisation resulted in an extraordinary loss of ¥28,700 million ($356 million at the current rate) for Sumitomo in the six months ended September 30th 2010. Sumitomo acquired a 20% stake in Nufarm in March ( Agrow No 587, p 2). However, Nufarm’s sales and profits have been hit by falling prices for the herbicide, glyphosate, and adverse weather conditions ( Agrow No 601, p 3).


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts