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The Origin of the Sumitomo Electric Group
The Spirit Fostered in Sumitomo’s 400-Year Tradition
After centuries of years,
our high-minded spirit glows ever more brightly.
The Sumitomo Electric Group is committed to maintaining public trust by conducting business activities with integrity, in accordance with
the Sumitomo Spirit and the Sumitomo Electric Group Corporate Principles. As the Company expands its business operation across the
world, linking closely with society, it always gives top priority to the cultivation of high corporate ethics to be a world-class company.
The Sumitomo Spirit grew out of the guiding principles set down by Sumitomo’s founding father Masatomo Sumitomo in his Monjuin
Shiigaki (the Aphorisms of Monjuin), and it has been passed down for over 400 years. The essence of the spirit was condensed in the
Business Principles. In Monjuin Shiigaki, he preached the importance of doing one’s sincere best in not only business but also every aspect
of their life. This is the spirit that we, the members of the entire Sumitomo Electric Group, have inherited and strive to embody.
The Sumitomo Spirit
Business Principles
1: Sumitomo shall achieve prosperity based on solid foundation by placing prime importance on integrity and sound management in the conduct of its business.
2: Sumitomo’s business interest must always be in harmony with public interest; Sumitomo shall adapt to good times and bad times but will not pursue immoral
business.
In addition to the Business Principles, the Sumitomo Spirit also includes: Attaching Importance to Technology; Respect for Human Resources; Long-Range Planning; and
Mutual Prosperity, Respect for the Public Good.
The Ever-Evolving Principles
The Sumitomo Electric Group makes commitments to all of its
stakeholders.
Based on the Sumitomo Spirit, the Sumitomo Electric Group Corporate Principles were established as the fundamental
spirits of the Group’s business operation. In the Corporate Principles, we declare our commitment to the customers,
shareholders, society, natural environment and employees. The Principles also emphasize the importance of compliance
and public trust.
Sumitomo Electric Group Corporate Principles (Established in June 1997)
Each company of the Sumitomo Electric Group shall
• Offer the very best goods and services to satisfy customer needs.
• Build technical expertise, realize changes and strive for consistent growth.
• Contribute to creating a better society and environment, with a firm awareness of our social responsibility.
• Maintain high corporate ethics and strive to become a company worthy of society’s trust.
• Nurture a lively corporate culture that enables employee self-improvement.
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