Glorious Excellent Company
The word "Glorious" represents the philosophical and qualitative goals of the Sumitomo Electric Group. The Group has inherited a principle that reflects our corporate ethical values to give top priority to social trust, that is “placing prime importance on integrity and sound management,” as well as other traditional principles such as "attaching importance to technology" and "respect for human resources," which have a history of more than 400 years. The ideal state achieved in embodying the Sumitomo Spirit, as well as the Sumitomo Electric Group Corporate Principles, which were established on the basis of the Spirit, is what we mean by the word "Glorious."
"Excellent" symbolizes what the Sumitomo Electric Group should be in a quantitative sense, which is to achieve excellent business performance. The Sumitomo Electric Group's business portfolio comprises five business segments: Automotive; Infocommunications; Electronics; Environment & Energy; and Industrial Materials. Under a strategy advocating establishment of a global presence, strengthening our leading technology, and pursuing our global top 3 target, we have established five-year mid-term management plans VISION 2007 and VISION 2012, which set targets for 2007 and 2012, respectively, to realize sustainable expansion of our business fields and increase profitability.
The Sumitomo Electric Group aims to become an Excellent Company by achieving the numerical goals contained in the mid-term management plan VISION 2017.