Sep. 30, 2024
Sumitomo Corporation
Integrated Report 2024 Released- Introducing the Sumitomo Corporation Group's medium- to long-term value creation story -
Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Shingo Ueno) has released Integrated Report 2024, which conveys the Sumitomo Corporation Group's medium- to long-term value creation story.
Overview of "Integrated Report 2024"
With the achievements of the previous three-year medium-term management plan, “SHIFT 2023,” the Sumitomo Corporation Group is poised to enter a new stage of growth. In this Integrated Report, we delve into the core concept of “competitive advantage,” central to our new Medium-Term Management Plan 2026, with the slogan “No. 1 in Each Field,” and explain the plan’s objectives and strategies.
■ Message from the President and CEO
Mr. Ueno explains what he aims to achieve as the president and CEO in this new growth stage and the intention behind the theme of the Medium-Term Management Plan 2026, "No. 1 in Each Field."
■ Value Creation Model
In line with our updated Material Issues in May 2024, we have also revised our value creation model. We have made it clear that we aim to achieve growth by creating value through addressing social challenges.
■Special Feature
The company delves into the competitive advantages that underpin its growth through two stories, commercial aviation and real estate businesses, where it has established strengths, and its healthcare business, where it is working to build a competitive advantage in new domains.
■ Tripartite discussion among Outside Directors
Under the title "Expectations and challenges for long-term corporate value enhancement under the Medium-Term Management Plan 2026 and new executive structure," our Outside Directors discuss the aims of the current medium-term management plan and the challenges that need to be addressed.
Please also see "Sustainability Disclosure Site", where we disclose detailed information on our activities related to sustainability from the perspective of ESG.
■Sustainability Disclosure Site
Sustainability | Sumitomo Corporation (disclosure.site)
We provide the latest information, focusing on business activities for fiscal year 2023 (April 2023 to March 2024). We also plan to provide a report format that makes the data easy to view at a glance.
Sumitomo Corporation is making an ongoing effort to disclose both financial and non-financial information in a timely and appropriate manner to promote constructive dialogue with all stakeholders.
