Promoting maximization of corporate value
based on the Group Management Policy

The Sumitomo Corporation Group consists of 886 companies in 78 countries and regions. These companies are the source of the Group’s strength. Their business domains fall under a wide range of industrial fields, and many of them are industry leaders.
The group companies respect the Sumitomo Corporation Group’s Corporate Mission Statement and management strategies, and engage in Jiritsu* management. Our approach to group management is to contribute to important decision-making at Board and other meetings through active dialogue based on relationships of trust as a shareholder, and to create new value through collaboration among group companies including Sumitomo Corporation. For the purpose of sharing and better implementing this basic approach and policies within the Group, we established the Group Management Policy (GMP) in 2021.
The GMP clarifies the roles and responsibilities in group management, setting forth the three principles of Jiritsu, dialogue, and collaboration to be respected by Sumitomo Corporation and its group companies.
The values set forth in the Sumitomo Corporation Group’s Corporate Mission Statement and the GMP are shared and implemented within the Group. This allows us to swiftly and appropriately respond to industry structural transformation and trends surrounding sustainability and to grow our group companies into future earnings pillars, thereby further solidifying the Group’s business portfolio and maximizing corporate value.

• Jiritsu is a Japanese term. In the GMP, we define it to mean “following the rules necessary for the management of a Sumitomo Corporation Group company, such as the Sumitomo Corporation Group’s management principles, strategies, and policies, to discipline oneself, to think, make decisions, act for oneself in order to achieve goals, and to be accountable to stakeholders.”