Business philosophy of Sumitomo Corporation of Japan

Sumitomo Corporation's business philosophy and action policy are based on "Sumitomo Enterprise Spirit". Sumitomo's career spirit advocates "honesty and reliability", "no pursuit of floating profits" and "enterprising spirit ahead of the times" (formulated in 189 1)

Article 1 I do business with my friends, pay attention to credibility, stress honesty, lay a solid foundation and seek development.

Article 2 I live with my business friends, assess the situation, study the gains and losses of financial management and decide whether to relax; Don't demand profits, especially avoid making rash moves. Become a global enterprise group that always leads the times, creates new values and makes extensive contributions to society.

Achieve prosperity and ideals through sound career activities.

Respect for the people-oriented principle, honesty and trustworthiness for the purpose.

Create a dynamic and innovative corporate atmosphere. Follow the spirit of Sumitomo and act honestly according to the business philosophy.

Abide by the law and maintain noble sentiments.

Pay attention to transparency and actively disclose information.

Attach great importance to the environmental protection of the earth.

Outstanding corporate citizens who contribute to society.

Through full communication, give play to team spirit and comprehensive strength.

Put forward a clear goal and work hard to achieve it with enthusiasm. In order to let all cadres and employees understand the values advocated in the Business Philosophy and Code of Action, the company has formulated a more specific regulation-"SCValues" and made cards for all cadres and employees to carry with them. At the same time, SC value is also applied to personnel evaluation or multi-aspect observation system.

SC value

1. Honest and reliable-abide by the law and maintain noble sentiments.

2. Comprehensive strength-do not set up barriers in the organizational structure, and act from the overall perspective of the whole company from beginning to end.

3. Goals-Set clear goals and share them with all members.

4. Reform consciousness V embraces diverse values and ways of action, regards change as an opportunity, seizes the opportunity and makes positive progress.

5. Obligation and responsibility-to achieve organizational goals, enhance the sense of responsibility, and take the initiative.

6. Enthusiasm-full of enthusiasm, self-confidence and initiative, and can infect and inspire colleagues.

7. Make quick-quick decisions and take immediate action.

8. Talent development-assist colleagues to develop their abilities to the maximum extent.

9. Professional-highly professional and technical.