Sumitomo Corporation (8053) Investor Day 2024 Presentation summary

Strategic direction and management plan

• Focus on enhancing visibility and execution of the Medium-Term Management Plan 2026, aiming for sustainable growth by leveraging competitive advantages and addressing key social challenges across business units.

• Emphasis on business portfolio transformation, resource reallocation, and organizational empowerment to drive growth and innovation.

• Governance structure includes strong sustainability oversight, with dedicated committees and advisory boards to ensure group-wide implementation.

Sustainability and social value creation

• Material issues identified include climate change, natural capital preservation, human rights, and governance, with a commitment to building resilient and prosperous societies.

• Sustainability management is integrated at all levels, with external expert dialogue and cross-departmental collaboration.

• Empowerment of diverse talent and promotion of DE&I are prioritized to foster innovation and leadership.

Business segment highlights

• Commercial aviation business targets global leadership in aircraft leasing, circular economy initiatives, and next-generation air mobility, with strong financial and operational capabilities.

• Healthcare business aims to build a sustainable platform improving quality of life, expanding pharmacy and managed care networks in Japan and Southeast Asia, and leveraging digital health solutions.

• Diverse urban development focuses on comprehensive real estate and infrastructure projects globally, with a unique integrated approach to urban and social challenges, including smart city development in Vietnam.