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Sumitomo Develops New Business Plan To Prepare for 2nd 100th Anniversary:: 18 Feb 2013 :: Tokyo- Sumitomo Chemical has announced a new corporate business plan for the period from 2013 to 2015, the year of the company's hundredth anniversary, which aims to achieve sustained growth for the next hundred years. Under the plan's slogan of "Change and Innovation – for the next hundredth anniversary," Sumitomo will commit to strengthening the foundation of its business during the three year period. This will include promoting change and innovation in areas of business structure, business development and corporate culture. Sumitomo said its corporate vision is to create new value based on technologies accumulated over the years; to use the power of chemistry to help solve global challenges, and to develop a corporate culture “full of can-do spirit and always be a company that society can trust." It also involves five priority management issues – en-hancing its financial strength, restructuring its busi-nesses, developing next generation businesses, promoting globally integrated management and ensuring full and strict compliance, while maintaining safe and stable operations. "The company will strive to develop a high-performance business structure by speedy and effective implementation of its new corporate business plan," said Sumitomo, adding it "will progress with confidence to achieve sustainable growth together with society as a diversified global chemical company." |
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