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.

With a foundation of corporate activities rooted in the Sumitomo Spirit, Sumitomo Riko has steadily expanded its business fields while flexibly responding to ever-changing societies and markets. We are now facing a period of major transitions, including global environmental changes, diversification of people's values, and the advancement of digitalization. Viewing these changes as growth opportunities, we are boldly striving to realize a sustainable society.

Under the "2029 Sumitomo Riko Group Vision," we are accelerating our progress towards achieving a "Green and Pleasant Society Connecting the Nature, City and People." Our mission is to harness the power of technology and materials to address pressing social issues, such as extending healthy lifespans and building resource-circulating societies.

At the heart of these efforts are our core competencies in "Polymer Materials Technology" and "Comprehensive Evaluation Technology," which we have cultivated since our founding. We apply these strengths in the fields of Automotive (Mobility), Infrastructure and Housing environment, Electronics, and Healthcare to help ensure safety, security, and comfort in people’s lives. Moreover, as we navigate an era of rapid change, we highly value co-creation, whereby we collaborate with partners in Japan and overseas to swiftly create value and bring together diverse knowledge and technologies.

With the trust and responsibility, we carry as a member of the Sumitomo Group, and by combining a global perspective with a commitment to quality rooted in Japanese manufacturing, we will continue to provide products and services to the world that contribute to the lives of our customers and society. We look forward to meeting new individuals who share this vision and wish to create the future with us.

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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