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View Sumitomo Corporation's Sustainability : Stakeholder Engagement
The Sumitomo Corporation Group places importance on dialogue with various stakeholders around us. To build a relationship of trust with each stakeholder, we proactively provide information on our activities and ensure continuous communication with them. Through these efforts, the Group keeps informed of stakeholders' expectations and concerns, based on which we will promote our sustainability and improve our long-term value.
| Stakeholders | Major means of dialogue |
|---|---|
| Stakeholders/investors Financial institutions | General meeting of shareholders, Investor meeting for annual results, Investor Day, integrated report, annual securities report, business report for shareholders, website, reporting to credit rating agencies, various small meetings etc. |
| Government agencies/economic organizations | Integrated report, Communication with government agencies and international organizations in Japan and abroad, participation in discussion meetings and round-table conferences with government offices, activities through business and industrial associations, etc. |
| Local communities | Integrated report, Dialogue with local residents in business activities and support for communities, social contribution activities, etc. |
| Business partners Customers/consumers | Integrated report, website, advertisements, customer information office, supply chain survey, etc. |
| NGOs/NPOs | Integrated report, Cooperation and communication with NGOs and NPOs in business activities, cooperation in social contribution activities, responses to surveys, etc. |
| Employees | Integrated report, Internal magazine, Intranet, training sessions and seminars, labor/management round-table meeting, employee awareness survey, the speak-up system, etc. |
We are working to build relationships with shareholders, investors, and other stakeholders outside the Company following our Corporate Disclosure Policy.
The Investor Relations Department has established four guidelines for its activities. These are Proactive Disclosure, Sincere Dialogue, Timely and Appropriate Sharing, and Constructive Proposals. We actively disseminate information in cooperation with internal related departments and collect opinions through dialogue. Based on feedback from these opinions, we make proposals and hold discussions to realize management mindful of capital cost and share price.
Through this cycle of activities, we will deepen external stakeholders’ understanding of the Group and also contribute to the strategy execution and value creation capabilities of all officers and employees as internal stakeholders, thereby fulfilling our stated mission of “obtaining the correct evaluation from the market and contributing to the enhancement of our corporate value.”
We strive for appropriate disclosures and expanded explanations of both financial and non-financial information based on our Corporate Disclosure Policy. Additionally, we have established opportunities for proactive dialogue with shareholders and investors throughout the year to deepen understanding of the Group and solicit the opinions of stakeholders.
We provide evaluations and opinions received from external stakeholders to internal stakeholders including management as feedback, which are used for proposals and discussions that help to improvement management.
| FY2022 results |
|---|
| Number of individual meetings: Approx. 250 (24 of which were ESG/SR related) Number of times management attended President: 15 CFO: 22 |
| Business unit meetings Held |
| Investor Day 2022 Held |
| Briefings forindividual investors 12 times annually Total participation 6,379 |
| FY2022 results | ||
|---|---|---|
| Management Council 12 times annually | ||
| Board of Directors’ Meetings 6 times annually | ||
| Number of regular meetings with the President and Chief Executive Officer 4 times annually | ||
| Corporate Communication Committee Quarterly |
IR/SR Subcommittee Monthly | |
| IR quarterly report* Published quarterly |
Internal IR meetings Held | |