SUMITOMO RIKO

 

Sumitomo Riko

Business Policy

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Message from the President

To realize the comfort of the society
by maximizing the potential of materials
through MONOZUKURI, we will continue
to strive as a leading company.

Sumitomo Riko has expanded its business with the Sumitomo Spirit at its core, supplying high-added-value products around the world, while accurately ascertaining the direction of the times and the needs of the market.

By leveraging our core competencies “Polymer Materials Technology” and“Comprehensive Evaluation Technology,” which we have developed since our founding in 1929, we have continually and constantly created new value. We have established product-development and supply systems to meet market demands and are currently further accelerating those as a global company operating in over 20 countries around the world.

However, amid social changes and technological innovation taking place incomparably faster than ever before, we will never forget our pride as a Japanese MONOZUKURI company that respects the finer aspects of manufacturing and high quality.

When formulating the “2029 Sumitomo Riko Group Vision,” we set our future vision for society that we wish to realize across our entire Group as a “Green and Pleasant Society Connecting the Nature, City and People.” To help people live richer lives, we will rapidly develop technologies and products suited to the new era, while continuing to flexibly respond to changes in the business environment.

By 2029, we aim to transform to “A leading solution provider taking on social challenges by aggregating whole resources of Sumitomo Riko and its partners” by expanding our existing fields of business and exploring new business in the integration field, not only from within the Group but also by collaborating with outside entities.

Sumitomo Riko Company Limited

Representative Director and President & CEO

Kazushi Shimizu

2029 Sumitomo Riko Group Vision

Sumitomo Riko Company Limited has formulated its "2029 Sumitomo Riko Group Vision (2029V)" management business vision up to 2029, the company's 100th anniversary.

2029 Sumitomo Riko Group Vision

The Sumitomo Spirit

The Sumitomo Spirit has been refined through the generations for 400 years based on the Founder's Precepts "Monjuin Shiigaki," which Masatomo Sumitomo, the founder of the Sumitomo family, wrote and handed on to describe how a merchant should conduct business. The basic points of the Sumitomo Spirit have been passed on in the form of the two articles of the Business Principles as management guidelines of Sumitomo companies.

Business Principles

Article 1.
Sumitomo shall achieve prosperity based on a solid foundation by placing prime importance on integrity and sound management in the conduct of its business.
Article 2.
Sumitomo's business interests must always be in harmony with the public interest. Sumitomo shall adapt to good times and bad times but will not pursue immoral business.

*Quoted from the Sumitomo Goshi Kaisha Administrative Regulations formulated in 1928

Banji-nissei

Originating from the preamble of Monjuin Shiigaki, it speaks of the importance of sincerity in all human endeavors:
Do your sincere best, not only in business, but also in every aspect of your life.

Shinyo-kakujitsu

The Business Principles Article 1:
Place importance on integrity and sound management.

Fusu-furi

The Business Principles Article 2:
Do not act rashly or carelessly gains in pursuit of easy gains.

Sumitomo Riko Group Management Philosophy

In light of the Sumitomo Spirit, all of us at the Sumitomo Riko Group will:

1.
Provide superior products and services to meet customer needs based on technological innovation.
2.
Place top priority on safety and work to ensure the safety of people and society.
3.
Strive to protect the global environment and to contribute to creating better communities.
4.
Maintain a high standard of corporate ethics and observe all laws and regulations to earn public trust and confidence worldwide.
5.
Foster an invigorating corporate culture that respects our employees' diversity, personal qualities, and individuality.
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