Sumitomo Corporation

Message from
the President and CEO

Message from
the President and CEO

I was appointed as President and Chief Executive Officer as of April 1, 2024.

The environment surrounding us is at a historic turning point, and combined with complex and rapid changes, is becoming harder to navigate. Under such circumstances, the Sumitomo Corporation Group is also facing a tipping point.

During the period of the Medium-Term Management Plan “SHIFT 2023,” which ran until FY2023, we established a robust management base and created an environment that allows us to elevate to the next stage of growth as a result of decisively carrying out structural reforms and reviewing all of our businesses and their strategies. Under the new Medium-Term Management Plan that is scheduled to be announced in May this year, we will implement reforms with no sacred cows—including our organizational structure, business portfolio, human resource measures, and decision-making system—to seek greater heights and achieve considerable and sustainable growth. Together with our many business partners, clients, and other stakeholders, we aim to become a corporate group which consists of No.1 businesses in each field.

We will work on solving important social issues, including climate change, while adhering to the Sumitomo Corporation Group’s Management Principles and Activity Guidelines and the timeless values of Sumitomo’s Business Philosophy which serve as our basis. We hope you look forward to witnessing the continual evolution of the Sumitomo Corporation Group as we realize our Corporate Message “Enriching lives and the world”.

Click here for further information on the Corporate Message.

Shingo Ueno
President and Chief Executive Officer

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