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- Digital Transformation (DX) driven by cutting-edge technologies
2023.10.1
Business
Digital Transformation (DX) driven by cutting-edge technologies
This content was originally published in April 2025.
Transfoming organization, structure, and corporate culture through Digital Transformation (DX)
Sumitomo Corporation Group is pursuing Digital Transformation (DX). For instance, we create new value by incorporating digital technologies into our current wide range of industry fields and also provide cross-industry solutions to solve social issues.
In April 2018, an organization dedicated to DX, the “DX Center”, was established. In 2023, we consolidated the functions responsible for overseeing DX promotion and Corporate IT strategy activities into one organiation. In collaboration with group companies Insight Edge (DX/AI technology and engineering), SC Digital (digital marketing), SCSK (digital solution development and operation), and others, we have also deployed IT and digital technologies across our business sites to enhance profitability and create value. Furthermore, we have been expanding our capability to promote DX, such as strengthening our corporate venture capital (CVC)*1 activities and establishing accelerator business HAX Tokyo.*2
In recognition of such proactive corporate change and instilment of DX into the company’s foundation, our company was selected as Digital Transformation Stock (DX Stock) 2020 and Noteworthy DX Company 2021 by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchang, and as a "DX Certified Business Operator" under the "DX Certification” established by METI.
*1 Corporate venture capital: An organization activity that provides investment and support with funding composed of a company’s own capital, primarily for unlisted startup companies
*2 HAX Tokyo: HAX is an accelerator program (an initiative that performs such activities as the provision of the knowledge and experience necessary for new business creation and project development to startups that are in the possessions of innovative technology and business models, and accelerates growth) related to hardware such as robotics and IoT for startups that boasts a global track record, and HAX Tokyo is jointly managed by Sumitomo Corporation, SOSV (a U.S. venture capital that is the management body of HAX), and SCSK.
Refine with Digital, Profit with Digital (Medium-Term Management Plan 2026)
The current mid-term management plan's main theme is “No.1 in Each Field.” and we aim to enhance our competitive advantages to achieve growth through addressing social challlenges. To accelerate new growth, we will refine the strengths and competitive advantages of each business and strengthen earning power, by digital. We strive to commercialize the digital functions and know-how cultivated at each business filed and realize business Transformation. Additionally, by thoroughly utilizing digital and AI technologies and making full use of data, we will promote faster and more sophisticated decision-making, improve operational efficiency, and enhance our business process.
By embracing innovation through the advancement of digital and AI, Sumitomo Corporation Group is taking on the challenge of providing new value to the world.
DX Talent Development
We have launched basic DX training program to equip all employees with standard DX and IT literacy, aiming for all employees to make full use of digital and AI. Furthermore, for personnel who will play a leading role in promoting DX in each business field, we offer a variety of small-group programs designed to enhance advanced skills and learn the latest DX and IT technologies and practical application methods. Additionally, we plan to develop programs aimed at management to lead the promotion of digital transformation in their organizations and lead strategic decision making using digital and AI. Through these DX talent development initiatives, we will strengthen our DX execution capabilties and achieve sustainable growth.
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