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Tokyo Cement Reports Steady Results for FY25/26 Q2 as Construction Sector Rebounds

Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 16,322 million and a Profit After Tax (PAT) of Rs. 1,003 million for the 2nd Quarter ending 30th September 2025, compared to a turnover of Rs. 13,833 million and a PAT of Rs. 1,082 million, in the same period last year. Whilst …

Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 16,322 million and a Profit After Tax (PAT) of Rs. 1,003 million for the 2nd Quarter ending 30th September 2025, compared to a turnover of Rs. 13,833 million and a PAT of Rs. 1,082 million, in the same period last year. Whilst volume growth remained stable quarter-on-quarter, profit margins contracted with the capitalisation of the Trincomalee expansion projects. The Economic Environment The quarter started with renewed optimism, highlighting a sustained boom in construction activities. Manufacturers and suppliers of construction materials reported continued volume growth, supported by a stable pricing environment, which further propelled sectoral performance. Reflecting the industry’s steady recovery, September recorded the highest sales volumes in cement sales since the onset of the 2022 economic crisis. Another key enabler of this growth was the notably lesser rainfall experienced in 2025 compared to the previous two years, which allowed construction sites to operate relatively uninterrupted. Lower interest rates and improved macroeconomic stability spurred a significant expansion in private sector credit, driving increased investment activity across both construction and real estate sectors. Developers of large-scale residential and mixed-use projects capitalised on the low-interest environment by introducing attractive financing schemes, stimulating end-user demand. This momentum was further reinforced by government-led infrastructure development projects starting with the Kadawatha-Mirigama section of the Central Expressway and several other regional developments undertaken by local government bodies. Robust fiscal performance was underpinned by improved government revenue collection, whilst the economy was estimated to have grown by 4.8% during the first half of 2025. Notable improvements in inflows from tourism and workers’ remittances helped stabilise the Rupee’s performance against the Dollar, and led to an upgrade in the country’s sovereign rating by all three major rating agencies. Outlook The recently announced credit rating upgrades coupled with a positive fiscal trajectory, signaled that the country is within reach of achieving its short-term fiscal targets. This reaffirms a steady recovery from the economic challenges that plagued the business environment in the past years. The continuation of low interest rates, a stable currency, and subdued inflation over the medium to long term is expected to sustain this growth momentum, despite temporary shocks that may arise due to weather disruptions and energy cost fluctuations that can impact inflation targets. Sustained economic progress, however, depends largely on the Government’s ability to attract Foreign Direct Investment (FDIs) into key sectors and to strengthen partnerships with multilateral lending agencies. A series of new policy-based lending agreements with the World Bank and the ADB are anticipated to channel critical investments into nationwide construction activities. Moreover, the resumption of major foreign-funded infrastructure projects is expected to spur demand for cement and concrete. Tokyo Cement maintains its conservative short- to medium-term outlook but remains confident in the country’s economic fundamentals. The Group is well positioned to capture the anticipated growth in demand arising from renewed development activity with a robust production capacity. Continuing its disciplined cost management approach, Tokyo Cement Group remains committed to safeguarding stakeholder value and playing an active role in supporting the nation’s economic resurgence. —

Tokyo Cement Group and Foundation of Goodness: A Decade of Nurturing Cricketing Dreams

Photo: Mr. S. R. Gnanam – Managing Director, Tokyo Cement Company (Lanka) PLC. presenting the Cricket Coaching Academy sponsorship for 2025 to Mr. Kushil Gunasekera – Founder/Chief Trustee, Foundation of Goodness. Tokyo Cement Group extended the sponsorship of Cricket Coaching Camps with the Foundation of Goodness (FoG) for the 10th consecutive year. Over the past decade this transformative partnership has opened doors for hundreds of aspiring schoolboys and schoolgirls from remote backgrounds to rise through the ranks and make their mark at divisional, national, as well as international cricket. This year’s sponsorship will primarily focus on the Northern coaching camp, with the aim of creating more opportunities for talented young players from the region to chase their cricketing dreams. In its ten-year history this impactful partnership between Tokyo Cement Group and the Foundation of Goodness has produced 23 exceptional young cricketers from rural communities in the North and South who have earned places in Sri Lankan national teams. To date, nearly 4,200 children from the North and 3,780 from eight schools across 35 southern villages have benefited from the coaching camps led by professional trainers. This includes multiple superstars in the Sri Lanka Women’s National Team, such as Kaveesha Dilhari, Sachini Nisansala, Imesha Dulani, Kawya Kavindi, Umasha Thimeeshani, Nilakshana Sandamini, Sathya Sandeepani, Sachini Gimahani, and many others, bringing unprecedented glory to the country, including winning the Women’s T20 Asia Cup 2024. The FOG Cricket Academy was also the powerhouse behind star-class national players in Sri Lanka’s Under-19 Team including Vijayakanth Viyaskanth, Navod Paranavithana, Malsha Tharupathi, Haren Weerasinghe, and S. Mathushan among others, standing proof of the solid foundation laid by the Tokyo Cement-Foundation of Goodness Cricket Coaching Academy. V. Akash of Heartley College and K. Muthulan of St. John’s College, Jaffna, selected for the Sri Lanka U19 tour of West Indies in September 2025 Adding impetus to the initiative this year, the Northern cricket camp proudly celebrated two of its brightest talents, V. Akash from Heartley College and K. Muthulan from St. John’s College in Jaffna, earning selection to the Sri Lanka U19 National Squad for the West Indies tour in September 2025. Furthermore, the Southern coaching camp celebrated the outstanding performance of Rathgama Devapathiraja College’s U17 Team, comprised of regular campers, led by the 2024/25 MCC at Lord’s Scholarship recipient and rising star Arosha Sithumina taking his side to victory with 150 runs in the U17 All-Island Quarterfinals in Colombo, before going on to win the U17 A-Division Championship. This win combined with their U13 team becoming joint champs, the U15 and U19 teams becoming runners-up meant that Rathgama Devepathiraja College made history by reaching four national finals in a single season. Furthermore, the MCC facility in Hikkaduwa also produced champions, with Sri Sumangala College winning 16 consecutive matches outright to claim both the U19 Two-Day and One-Day Division 3 titles, which is a historical school record, earning promotion to Division 2. A session of the Tokyo Cement North Cricket Camp held in Jaffna The Tokyo Cement-Foundation of Goodness Cricket Coaching Academy started in 2014 by setting up two fully equipped top-grade training grounds in Hikkaduwa and Seenigama. The success of the Southern camp inspired Tokyo Cement to expand the programme to the North in 2017, with the goal of identifying 50 promising young players and training them to become star-class Sri Lankan cricketers. The coaching camps held in the North are received with much enthusiasm, attracting many schoolgirl and schoolboy cricketers from all age groups from Jaffna, Killinochchi, Oddusudan, Mankulam, Mullaitivu, and Vavuniya, who have achieved remarkable results, from national titles to international recognition. More from a Tokyo Cement North Cricket Camp held in Jaffna Guided by renowned coaches headed by Hemantha Devapriya and Susantha Karunarathna, under the leadership of FoG’s Director of Sports, Mr. Anura De Silva, the academy nurtures young talent at grassroot level by giving them access to expert training and facilities. In addition, district and school-level coaches support promising young cricketers to hone their skills and induct them into an elite pool of players who receive specialized training. Tokyo Cement South Cricket Camps are held at Seenigama Surrey Oval This 10-year milestone of the Tokyo Cement–Foundation of Goodness partnership stands as a testament to creating equal opportunities and nurturing the confidence of a new generation of talented rural cricketers, capable of carrying Sri Lanka’s pride onto the international cricket arena.

HE the Ambassador of Japan Visits Tokyo Cement Factory in Trincomalee

His Excellency Akio Isomata, Ambassador of Japan to Sri Lanka, paid an official visit to the Tokyo Cement Factory in Trincomalee, underscoring the long-standing friendship and economic cooperation between Japan and Sri Lanka. The Ambassador was accompanied by Ms. Yukako Mizunuma, Finance Attaché, and Ms. Sachi Tanaka, Second Secretary of the Embassy of Japan. The visit highlighted Tokyo Cement’s latest expansion project, which recently added one million metric tons to the company’s manufacturing capacity, a milestone in strengthening Sri Lanka’s economic expansion and industrial development. HE the Japanese Ambassador and delegation at the Tokyo Cement Jetty Welcomed at the Tokyo Cement Center for Excellence by Mr. S.R. Gnanam, Managing Director of Tokyo Cement Company (Lanka) PLC, and Mr. Michio Matsuoka, Non-Executive Director representing Mitsubishi UBE Cement Corporation, Tokyo Cement’s technology partner, the Japanese delegation toured the Eastern Cement Factory. The program included visits to the newly inaugurated cement mill, the Tokyo Cement Jetty at the Port of Trincomalee, and the A.Y.S. Gnanam Village Heartbeat Empowerment Centre, reflecting the company’s commitment to socio-economic development. HE the Japanese Ambassdor observing the Tokyo Cement Biomass Power Plant For more than four decades, Tokyo Cement has stood as a symbol of the enduring partnership between Japan and Sri Lanka, representing not only industrial growth but also a shared vision for sustainable development. Ambassador Isomata, having observed the facilities of the factory, remarked that he was particularly impressed by the cement company’s achievement of not only strong performance but also 100% biomass-powered electricity generation, as well as highly impactful CSR activities focused on education and capacity-building of people of local communities, including women and children. HE the Japanese Ambassdor at the Tokyo Cement product testing laboratory The Japanese delegation observing a vocational training session held at the A.Y.S. Gnanam Village Heartbeat Empowerment Center Being the country’s largest manufacturer of high-quality cement, concrete, and cement-based innovative products, Tokyo Cement has earned its reputation as the most trusted supplier in the construction industry. The Company is dedicated to enriching the national economy through local value creation, while strengthening Sri Lanka’s industrial progress. With an unwavering commitment to quality, innovation, and sustainability, the company has become an integral part of the country’s growth journey to become the leading partner in Nation-building. — Photo: His Excellency Akio Isomata, Ambassador of Japan to Sri Lanka and his delegation visiting the operations command center at the Tokyo Easter Cement Factory

Tokyo Cement Powers Civil Engineering Innovation at University of Peradeniya ‘Industry-Uni Collaboration Day 2025’

The Department of Civil Engineering of University of Peradeniya in partnership with the Tokyo Cement Group, concluded its flagship event ‘Industry–University Collaboration Day 2025’ with remarkable success, fostering dynamic engagement between academia and industry stakeholders. Prof. Kushan Wijesundara, Head of the Department of Civil Engineering, University of Peradeniya Held at the Centre of Excellence for Water and Sanitation (CEWAS) Auditorium in Ratmalana, the event was graced by the Honourable Prime Minister and Minister of Education, Higher Education, and Vocational Education, Dr. Harini Amarasuriya as the Chief Guest. Other distinguished guests included Prof. Terrance Madhujith, Vice Chancellor, Prof. Lilantha Samaranayake, Dean of the Faculty of Engineering, and Prof. Kushan Wijesundara, Head of the Department of Civil Engineering of the University of Peradeniya, senior faculty members, renowned industry professionals, and both past and present postgraduate and undergraduate students. Hon. Prime Minister Dr. Harini Amarasuriya, in her keynote address, emphasized the importance of curriculum reform to promote STEM education aligned with global standards, the role of university research in advancing industry to meet contemporary development needs, and the importance of establishing equal educational opportunities to transform the nation’s future. The Prime Minister also commended the University’s efforts to produce industry-ready graduates through collaborative work, that nurture practical thinkers equipped with real-world problem-solving skills. Postgraduate and undergraduate students from the University of Peradeniya’s Department of Civil Engineering presenting their innovative solutions at the event This annual event of the Department of Civil Engineering of the University of Peradeniya showcases research output by undergraduate and postgraduate students with the potential to transform the civil engineering sector. It is a platform to share ideas addressing current engineering challenges through novel thinking and innovation. It brings together stakeholders from the government, state authorities, research institutes, public and private firms, academia, and engineering students, to facilitate stronger industry-academia collaboration. Prof. Terrence Madhujith, Vice Chancellor, University of Peradeniya Prof. Lilantha Samaranayake, Dean of the Faculty of Engineering, University of Peradeniya Spanning the full spectrum of civil engineering: Structural, Geotechnical, Transportation, Water Resources, and Environmental Engineering, the event featured poster exhibitions, oral presentations, and case studies from successful academia-industry partnerships. A standout feature of the program was the Shotgun Presentations, where students delivered concise, two-minute pitches of their research projects. The rapid-fire presentations emphasized practical engineering solutions, offering students the opportunity to highlight the department’s cutting-edge research capabilities aligned with real-world needs. Furthermore, faculty members of the Department of Civil Engineering presented potential collaboration opportunities for deeper industry engagement, paving the way for meaningful dialogue among students, academics, industry professionals, and policymakers. Building on its longstanding partnership with the Department of Civil Engineering, Tokyo Cement Group, as the sole sponsor of ‘Industry-University Collaboration Day 2025,’ exemplified the crucial role of industry leaders in nurturing future engineers and advancing applied research. The event allowed Tokyo Cement’s state-of-the-art R&D hub, the Construction Research Centre (CRC) to showcase innovations in cement and concrete technology, demonstrating its leadership in advanced, sustainable construction solutions. The presentation emphasized CRC’s capabilities in re-engineering products, its role in quality assurance, and specialized concrete testing services with a comprehensive Non-Destructive Testing (NDT) laboratory. The event enhanced the far-reaching affiliation between the University of Peradeniya, the pre-eminent academic institution in the country and the Tokyo Cement Group, Sri Lanka’s largest manufacturer of cement, concrete, and cement-based value-added products, reiterating the Group’s commitment to promote world-class knowledge sharing to inspire and uplift the local construction industry.

Tokyo Cement Clinches Two Top Honours at 2025 Sustainability Awards

Tokyo Cement Group was recognized for its outstanding commitment to sustainability with two prestigious accolades at the recently held Sri Lankan Sustainability Awards 2025. The Group’s innovative Value-Added Product, TOKYO SUPERBOND Premium Tile Adhesive, received the Sustainable Innovation Award, in recognition of its low carbon footprint and contribution to create healthier living environments, thanks to its low Volatile Organic Compound (VOC) content that enhances indoor air quality. The second award honoured the Tokyo Cement Centre for Technical Excellence in Trincomalee, which received the Sustainable Construction Project Award, recognizing its unique ecofriendly engineering and design features as a Platinum Certified GREEN Building. These two accolades further affirm Tokyo Cement Group’s deep-rooted and industry-leading commitment to sustainability, deeply ingrained in its corporate DNA and seamlessly embedded into the company’s operations and product strategy. TOKYO SUPERBOND Premium Tile Adhesive won the Sustainable Innovation Award at the Sri Lankan Sustainability Awards 2025 The 13th World Construction Symposium (WCS) and Sri Lankan Sustainability Awards 2025 was held under the auspices of Hon. Anura Karunathilaka, Minister of Urban Development, Construction and Housing, whilst Prof. Chitra Weddikkara, Prof. Yasangika Sandanayake, Dr. Rohan Karunaratne, Eng. Sagara Gunawardena, Mr. Kalana Alwis, and Eng. Saliya Kaluarachchi were among the distinguished guests. This year’s event was jointly organized by the Ceylon Institute of Builders (CIOB) in academic partnership with the Building Economics and Management Research Unit and the Department of Building Economics of the University of Moratuwa, and endorsed by the Ministry of Urban Development, Construction and Housing. The annual awards ceremony encourages environmentally conscious business practices by highlighting remarkable sustainability efforts in the Sri Lankan construction industry. Tokyo Cement Centre for Technical Excellence in Trincomalee received the Award for Sustainable Construction Project at the Sri Lankan Sustainability Awards 2025 The Tokyo Cement Centre for Technical Excellence, recipient of the Sustainable Construction Project Award, is the operational and administrative hub of Tokyo Cement’s manufacturing facility in Trincomalee. It houses the Group’s ISO 17025-accredited R&D and quality assurance laboratories, and the central command center that integrates four fully-automated cement mills and two biomass power plants that sustainably power the entire production process with unmatched efficiency and environmental performance. The Centre also features a 200-seat, state-of-the-art auditorium for conferences, educational programs, and community outreach, further augmenting its value. Certified as a Platinum GREEN® Building by the Sri Lanka Green Building Council in 2019, the technical centre incorporates eco-friendly design elements that enhance energy and resource efficiency. Powered by 75kW of solar energy to reduce grid dependency, the building’s northeast orientation maximizes natural daylight, supported by low-E glass for thermal insulation, LED lighting, and zoned HVAC systems with individual controls to minimize energy use. Water conservation measures include a wastewater recycling system, a rainwater harvesting facility, and reuse of air-conditioning condensate for irrigation, preserving the building’s greener outlook with minimal environmental impact. TOKYO SUPERBOND Premium Tile Adhesive, winner of Sustainable Innovation Award at Sri Lankan Sustainability Awards 2025 TOKYO SUPERBOND Premium Tile Adhesive that won the Sustainable Innovation Award, is an advanced combination of blended hydraulic cement, graded sand, polymers, and organic additives, engineered to meet Class C2ETS1 under the BS EN 12004 standard. Its optimized formulation uses less cement while delivering higher performance, significantly reducing its carbon footprint. This polymer-modified adhesive offers enhanced flexibility and superior bond strength, allowing it to adapt to vast temperature changes in tropical climates, whilst preventing tile cracking or popping, best suited for large-format tile installations. Formulated with a low VOC content at just 0.36 w/w% (5.2 g/L, tested by ITI), well below the U.S. Green Building Council’s 65 g/L limit for ceramic tile adhesives, makes it a safer, healthier choice for indoor spaces, promoting better indoor air quality and healthier living environments. As the industry leader, Tokyo Cement Group has made strategic investments to reduce its environmental footprint, integrating innovation, thoughtful design, and a strong commitment to sustainability across its operations and product strategy. At the helm of these efforts is its highly admired renewable energy generation programme with a total installed capacity of 24MW. Acknowledging these standard-setting sustainability practices Tokyo Cement Group has been accredited multiple times for making sustainability a key business priority. Whilst the Group’s promise on sustainability comes to life through a range of far-reaching conservation programmes, Tokyo Cement has earned the reputation as the most trusted supplier of high-quality cement, concrete, and cement-based innovative products in Sri Lanka. By successfully integrating social welfare and environmental conservation into its mission to enrich the country, its people and the environment, Tokyo Cement Group has reaffirmed its position as the leading partner in Nation-building. Photo: The Tokyo Cement Centre for Technical Excellence in Trincomalee is the technical operations and administrative hub of the Group.

Tokyo Cement off to an Optimistic Start to FY25/26 with Q1 Earnings

Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 12,544 million and a Profit After Tax (PAT) of Rs. 668 million for the 1st Quarter ended 30th June 2025, compared to a turnover of Rs. 11,665 million and a PAT of Rs. 707 million, in the same period last year. The …

Quarterly Financial Review Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs. 12,544 million and a Profit After Tax (PAT) of Rs. 668 million for the 1st Quarter ended 30th June 2025, compared to a turnover of Rs. 11,665 million and a PAT of Rs. 707 million, in the same period last year. The growth in turnover was driven by a year-on-year volume growth and sustained industry momentum from the previous Financial Year, supported by the commencement of new construction projects. The Economic Environment The period under review commenced with trade-related uncertainty, as potential high tariffs on Sri Lankan exports threatened to erode foreign exchange reserves. Geopolitical tensions in the Middle East causing global fuel price volatility risks coupled with a marginal depreciation of the rupee, prompted an upward revision in local fuel and energy tariffs. However, a steady increase in foreign remittances compared to the previous year helped buffer the domestic economy from external shocks. The International Monetary Fund (IMF) announced the successful completion of the fourth review of Sri Lanka’s Extended Fund Facility, unlocking immediate access to an additional USD 350 million in financial assistance. This milestone also paves the way for supplementary funding from the World Bank and Asian Development Bank. Lower interest rates and improving macroeconomic stability continued to stimulate investment in real estate development and construction. Demand for credit facilities in both residential and commercial segments grew, supported by enhanced access to financing and lowered material costs. A seasonal decline in cement consumption was observed in April due to the Sinhala and Tamil New Year, and again in May–June due to the South-West monsoons. However, delays in implementing public investment in key infrastructure projects continue to hinder the sector’s full recovery and anticipated growth. Outlook Industry optimism is expected to continue in the coming quarters, supported by subdued inflation and improved access to private sector credit. Sustained growth in foreign exchange inflows from tourism and remittances is expected to further stabilise the macroeconomic environment. However, sustaining the growth momentum depends largely on the Government’s ability to fast-track major capital investment projects, by securing foreign direct investment (FDIs) or financing from multilateral lending agencies. Timely initiation of key infrastructure initiatives such as the BIA Phase II, and the resumption of the Kadawatha-Mirigama section of the Central Expressway, alongside other foreign-funded developments, is expected to drive the demand for cement and concrete. Whilst stronger investor confidence is expected to support private sector investment, consumer demand could remain skeptical due to ongoing trade uncertainties. In response, both the World Bank and IMF have issued positive growth forecasts whilst alerting against potential policy slippages and slowdown of reform efforts. External variables led by resolution of recently imposed reciprocal tariffs and prudent management of vehicle imports will be critical in preserving macroeconomic stability and the hard-earned fiscal progress achieved to date. Tokyo Cement maintains a conservative short- to medium-term outlook but remains confident in the country’s economic fundamentals. The Group is prepared to capitalise on industry growth opportunities with its enhanced production capacity of 4 Mn MT, that is yet to be fully utilised. The Group continues to maintain strict cost control measures to safeguard its stakeholder interests and stands ready to be an active participant in the country’s efforts to reignite the economy. —

Two New Directors appointed to the Tokyo Cement Board

Distinguished banker Mr. Jegan Durairatnam and Mr. Michio Matsuoka have been appointed to the Board of Directors of Tokyo Cement Company (Lanka) PLC. Mr. Durairatnam possesses extensive experience in banking, having been with the Commercial Bank of Ceylon PLC for 36 years. He served as a Director of Commercial Bank of Ceylon PLC from April 2012 to July 2014 and as the Managing Director/CEO from July 2014 until his retirement in July 2018. He has held several other senior management positions at Commercial Bank of Ceylon PLC, including Chief Operating Officer, Deputy General Manager – International, Assistant General Manager – International, and Head of Imports. He has held the position of Managing Director of Commercial Development Company PLC and has served as a Director on the Board of Lanka Financial Services Bureau Limited. Mr. Durairatnam currently serves as the Non-Executive Independent Chairman of DFCC Bank PLC. He also serves as a non-executive director on the Boards of Asian Hotels and Properties PLC, Ceylinco Life Insurance Limited, Assetline Finance Limited and Enviro Solutions (Private) Limited. In addition, Mr. Michio Matsuoka was appointed to the Board of Directors of Tokyo Cement Company (Lanka) PLC as the Nominee and Non-Executive Director, representing UBE Singapore Pte. Ltd. He succeeds Mr. Shuichi Nakamoto, who held the position previously. Mr. Matsuoka currently serves as the Managing Director of UBE Singapore Pte. Ltd. He holds a Bachelor of Arts degree from Sophia University, Japan, and a MBA degree from Babson College, USA. He brings extensive experience in business development and international marketing and has held roles as General Manager and Project Manager. With these appointments the Board of Tokyo Cement Company (Lanka) PLC comprises of Chairman Dr. Harsha Cabral PC, Managing Director Mr. S.R. Gnanam, Dr. Indrajit Coomaraswamy, Mr. A.D.B. Talwatte, Mr. Ravi Dias, Mr. W.C. Fernando, Mr. Praveen Gnanam, Mrs. A.A. Ludowyke, Mr. Mano Sekaram, Mr. Michio Matsuoka, and Mr. Jegan Durairatnam. Tokyo Cement Group is the largest manufacturer of high-quality cement, concrete and cement-based innovative products in Sri Lanka. As a truly homegrown blue-chip company that is intrinsic to Sri Lanka’s progress, the Company has pledged to enrich the national economy through local value creation. Having earned its reputation as a trusted corporate at the heart of the transformation of the local construction industry, Tokyo Cement Group has reaffirmed its position as the leading partner in Nation-building.

Tokyo Cement Boosts Capacity with High-Tech 1-Million Ton Plant in Trincomalee

Photo: Hon. Sunil Handunnetti, Minister of Industry and Entrepreneurship Development, Mr. Masaharu Sansui, Managing Executive Officer of Ube Industries Limited, Japan, and Mr. Naoaki Kamoshida, Chargé d’affaires ad Interim of the Embassy of Japan ceremoniously opened the new cement grinding plant of Tokyo Cement Group

Minister of Industry and Entrepreneurship Development, Hon. Sunil Handunnetti, recently inaugurated Tokyo Cement Group’s cutting-edge cement manufacturing plant in Trincomalee. The fully-automated, high-tech cement grinding facility adds 1 million Metric Tons to Tokyo Cement’s total production capacity, increasing it to 4 million Metric Tons per annum, the largest in the country.

The event was also graced by the presence of Mr. Naoaki Kamoshida, Chargé d’affaires ad Interim of Japan, Mr. Takafumi Nakanishi, Finance Attache and First Secretary Embassy of Japan, Hon. Prof. Jayantha Lal Ratnasekera, Governor of the Eastern Province, and Hon. Roshan Akmeemana, MP of the Trincomalee District, along with other dignitaries from the Ministry and government officials. At the invitation of Dr. Harsha Cabral PC, Chairman, and Mr. S.R. Gnanam, Managing Director of the Tokyo Cement Group, Mr. Masaharu Sansui, Managing Executive Officer of Mitsubishi Ube Cement Corporation, Tokyo Cement’s technical partner, attended the inauguration ceremony, along with distinguished members of the Board of Directors, as well as the management and staff of the Tokyo Cement Group.

Hon. Sunil Handunnetti, Minister of Industry and Entrepreneurship Development, and Mr. Naoaki Kamoshida, Chargé d’affaires ad Interim of the Embassy of Japan unveiling Tokyo Cement Group’s new cement grinding mill in Trincomalee

The Hon. Minister of Industry and Entrepreneurship Development Sunil Handunnetti, addressing the event, remarked: “It is deeply humbling to witness the significant impact Tokyo Cement has made, not only on the nation’s overall growth but also on the development of the Eastern Province. The immense potential of this region as an extraordinary business hub was recognized decades ago by the late Deshamanya A.Y.S. Gnanam, a vision I share and have consistently advocated. What we see today is a powerful testament of that belief and the progress that can be achieved through robust public-private partnerships and a shared commitment to nation-building. As a government, we reaffirm our support for local investments such as this by fostering a conducive and investor-friendly environment for industrial development.”

Mr. Naoaki Kamoshida, Chargé d’affaires ad Interim of the Embassy of Japan, whilst commending the long-standing partnership that has thrived for over four decades, stated, “We would like to express admiration for Tokyo Cement’s successful mill-expansion, only a few years after the country-wide economic crisis. (…) Tokyo Cement Company’s expansion is not only timely but also visionary. The company’s strategic foresight will surely contribute to national progress and give this region and the country a hope for the future. (…) It is a clear example of how Japanese and Sri Lankan businesses can collaborate to foster sustainable development and mutual prosperity. This partnership is a testament to the strong and enduring economic ties between our two countries.”

Chairman of the Tokyo Cement Group Dr. Harsha Cabral PC, addressing the gathering stated, “This manufacturing capacity expansion to 4 million MT, powered by state-of-the-art European technology, reaffirms Tokyo Cement Group’s commitment to innovation and environmentally efficient production. Most importantly, the entire project was executed by our in-house engineering teams, a powerful testament to Sri Lankan potential and our inherent confidence in creating value from within. Our strategic priorities throughout these forty plus years have consistently focused on expanding our local value chain by reinvesting back in the future of our own country. With this milestone Tokyo Cement is ready to meet the rising demand of the construction industry whilst saving millions of dollars otherwise spent on imports.”

Tokyo Cement Group is Sri Lanka’s largest manufacturer of high-quality cement, concrete, and cement-based innovative products. As a truly homegrown blue-chip company, Tokyo Cement has become an integral part of the country’s growth journey, earning its reputation as the most trusted supplier in the construction industry. From iconic city landmarks to vital infrastructure such as bridges, railroads, and elevated highways, Tokyo Cement’s products have helped shape projects that stand the test of time. With an unwavering commitment to quality, innovation, and sustainability, the company continues to lead the transformation of the local construction landscape. As a key partner in nation-building, Tokyo Cement is dedicated to enriching the national economy through local value creation, while strengthening its market leadership as a trailblazer in Sri Lanka’s industrial progress.

Vignettes from the opening ceremony of 1-Million MT cement grinding plant of Tokyo Cement Group at China Bay, Trincomalee

Tokyo Cement celebrates Star Achievers at 2025 Annual Dealer Convention

Tokyo Cement Group rewarded their top performing dealers in grand style at the Annual Dealer Convention 2025 event held recently at Cinnamon Life-City of Dreams resort. The gala event which gave Tokyo Cement top dealers an unforgettable experience of the finest resort lifestyle culminated in an awards night packed with a star-studded entertainment line-up befitting the outstanding achievements of the dealer partners.

City Hardware & Stores – Jaffna, Ancheneyer Cement & Hardware Dealer – Batticaloa, and Shanmugam Stores – Kilinochchi, won the top most recognition for their sales performance last year. Further, National Trading Stores – Kurunegala, Nimna Logistics – Awissawella, Emerald Hardware – Uduppiddy, Hansika Transport – Katuneriya, Sanuji Super Holdings (Pvt) Ltd – Ambalantota, Perera Distributors – Dambulla and Jatheer Traders – Kalmunai were named winners in the same category of top achievers. In addition, Madduma Distributors (Pvt) Ltd – Hingurakgoda, Hasthika Enterprises – Matale, Woshitha Engineering (Pvt) Ltd – Induruwa, Lourdes Agency – Trincomalee, Yakalla Furnitures – Yakalla, New Lanka Hardware Stores – Moratuwa, New Sampath Traders – Bakamuna, and Royal Construction – Trincomalee were crowned category winners amongst a total 139 top performers who walked away with prizes at the gala award ceremony. The winners received special salutations for their dedication and commitment to achieve outstanding results surpassing difficult market conditions that prevailed during last year.

City Hardware & Stores – Jaffna

Ancheneyer Cement & Hardware Dealer – Batticaloa

Shanmugam Stores – Kilinochchi

Held under the auspices of the executive management of Tokyo Cement Company (Lanka) PLC, including the Managing Director – Mr. S.R. Gnanam, Group COO – Mr. M. Thayananthan, Consultant Director – Mr. Christopher Fernando, Director Innovations – Mr. Praveen Gnanam, General Manager Group Marketing – Mr. Dashantha Udawatta, and Marketing Director – Mr. Billy Walpola, the event is the annual gathering of the Tokyo Cement’s sales team, together with their dealers and distributors from across the island to celebrate their accomplishments.

The Managing Director, Mr. S.R. Gnanam, congratulated the sales network for their unwavering confidence that allowed Tokyo Cement to maintain its industry leadership, whilst acknowledging the crucial support extended by them for Tokyo Cement to sustain the business momentum despite the challenging marketing environment of 2024.

The Annual Dealer Convention is the primary event organised by the Tokyo Cement Group to recognise its trade channel. It is a celebration of the longstanding partnership between the company and its vast sales and distribution network that has grown from strength to strength for nearly a half-century. As a truly homegrown company that is intrinsic to Sri Lanka’s progress, Tokyo Cement Group has pledged to enrich our national economy through local value creation, in which the Company’s dealer network plays a crucial role. Together with the sales network, Tokyo Cement Group has established a prestigious set of reliable household brand names including the popular cement brands NIPPON CEMENT, TOKYO SUPER, NIPPON CEMENT PRO and ATLAS CEMENT, and TOKYO SUPERMIX Ready Mixed Concrete, and an innovative range of value-added products starting with TOKYO SUPERBOND, TOKYO SUPERSEAL and TOKYO SUPERCAST among others, that have successfully transformed the local construction industry.

• Vignettes from the Tokyo Cement Group 2025 Annual Dealer Convention

Transforming Futures: Phase 2 of A.Y.S. Gnanam VHE Centre in Trincomalee Unveiled

The Tokyo Cement Group recently inaugurated the second phase of the A.Y.S. Gnanam Village Heartbeat Empowerment (VHE) Centre in Trincomalee. Initially established in 2023 with the Foundation of Goodness (FOG), this facility extension was inaugurated by Mr. Mano Sekaram and Mrs. Averil Ludowyke, Directors of the Tokyo Cement Group, alongside Mr. Kushil Gunasekera, Founder/Chief Trustee of the FOG. Chairman of the Tokyo Cement Company, Dr. Harsha Cabral PC, and Managing Director, Mr. S.R. Gnanam, were among the other distinguished guests at the ceremony.

Mr. Mano Sekaram, Mrs. Averil Ludowyke, and Mr. S.R. Gnanam of the Tokyo Cement Group with Mr. Kushil Gunasekera of the Foundation of Goodness inaugurated the Phase 2 of A.Y.S. Gnanam VHE Centre in Trincomalee

Tokyo Cement Group initiated the expansion plan to increase the center’s capacity whilst offering in-demand vocational training programs, addressing the growing demand from the community. The VHE Centre with added classrooms and multi-use spaces, including a versatile auditorium, widens the scope for education and skills development through simultaneous sessions in Sinhala and Tamil, catering to more students.

As a result, more primary educational subjects are added to its repertoire, including arts, music, and dance. The ICT lab staffed by a full-time IT instructor, has doubled its student intake by offering tailored daytime courses for youth and after-school classes for schoolchildren. The Centre now offers recognized training courses in popular vocational streams such as electronics maintenance, mobile device repair, and CCTV installation and maintenance, helping youth acquire professional skills for better job opportunities. Furthermore, fully-equipped classrooms for cookery and bakery, and beauty culture courses are installed, whilst the capacity for sewing and dressmaking course is doubled with more machines. With the second phase unveiled, the curriculums of all vocational training modules have been upgraded to meet latest professional standards.

The A.Y.S. Gnanam Village Heartbeat Centre Trincomalee offers free educational support on core curricular subjects for Grades 1-5 students from low-income families

Additionally, the A.Y.S. Gnanam Memorial Futsal Centre, a unique feature at the Trincomalee VHE facility, has been upgraded to include coaching for volleyball and netball, allowing local youth to engage in their favorite sports. With nearly 200 youth and adults already enrolled in the new programs, the improved facilities, and extended operating hours have enhanced the reach and long-term value of the Centre.

Vocational training courses are conducted free of cost at the A.Y.S. Gnanam Village Heartbeat Centre Trincomalee to empower youth and women to pursue self-employment opportunities

Established in memory of Tokyo Cement Group’s Founder Chairman, Deshamanya A.Y.S. Gnanam, the Trincomalee VHE Centre offers programs in Tamil and Sinhala, free of cost, welcoming students, women, and youth from nearby areas. Since its inception, the VHE Centre has reached over 1,665 beneficiaries and currently enrolls more than 685 individuals from 18 schools and 30 remote villages. As the 16th VHE project of the FOG, it is the second Centre established in partnership with the Tokyo Cement Group. The two A.Y.S. Gnanam VHE Centers in Trincomalee and Dambulla provide essential educational support in core curricular subjects for schoolchildren and offers free vocational training courses and sports training for youth and women.

This project marks a significant milestone in Tokyo Cement’s efforts to integrate social welfare into its core values. Exemplified by far-reaching initiatives such as this, Tokyo Cement Group reinstates its commitment to be the leading partner in nation-building.