February 22, 2016,11:00 +0900(JST) For Working Environment Where Female Staff can Fully Demonstrate their Capabilities

I hear that at the end of January, 11 female employees from companies in the Sumitomo Electric Group had a meeting to exchange information on how to create the environment where female staff can demonstrate their capabilities to the fullest. The participants' companies varied in terms of operation category, business scale, and percentage of female employees. In addition, while some of the companies have already actively implemented various measures to promote such concepts, others have not taken appropriate action yet.

Nevertheless, according to a staff member from Sumitomo Electric who attended the meeting, all the participants were determined to carve out a bright future for those who will follow them. They exchanged information on their companies' efforts and measures, and encouraged each other. Now that this very lively meeting has been held, the participants are presently planning to hold a workshop as the next step. Since the meeting was attended by only 11 people, you may feel that this is a very small start. However, I hope that this will develop into a big movement to promote a more diverse management structure throughout the Group, which employs 240,000 people.

I also hope that this valuable opportunity will not end with the participants' passion gradually fading away. To avoid this, I believe that staff members in charge of this project need to continue leading the way with a lot of enthusiasm, while the participants need to always share the project's purpose, goal and timeline to achieve them. I would like to ask everybody around them to give them warm, and sometimes demanding support.

Anyway, I would like to express my support for all the participants! Go for it!

February 22, 2016,10:00 +0900(JST) Third Quarter Results...

On February 3, we announced our business results for the third quarter of FY2015.

Our business results on a consolidated basis for the first nine months of fiscal 2015 (April-December) were as follows: net sales of 2.1843 trillion yen; operating income of 96.0 billion yen; and ordinary income of 111.4 billion yen, with all figures showing an increase from the corresponding period of the previous year. Although not all of our business segments marked favorable results, our entire business results have been almost in accordance with our plan. Regarding the three months of the third quarter, we achieved record-high results in net sales, operating income, ordinary income, and net income.

However, to accomplish our announced forecasts for the full-year of FY2015, I understand that we need to work even harder. Although there is less than two months left until the end of this fiscal year, we will continue to work hard tenaciously until the very end.

Fact Book FY2015 3rd Edition [PDF:626 KB]

February 22, 2016,09:00 +0900(JST) Ms. Fukushi, Excellent Running!

On January 31, the Osaka Women's Marathon was held. As President of the Osaka Association of All Athletics, I was at the headquarters established at Yanmar Stadium Nagai. Partly because of the warm weather on the day of the event, and also because the race was one of the qualifying events to select Japanese representatives for the Rio de Janeiro Olympics, I felt that the number of spectators in the stadium was larger than usual.

The race proceeded at a fast pace. Ms. Kayoko Fukushi (Wacoal) broke away from the leading group at around 25 km, and then continued to maintain a large lead over the others to win the race, with her result surpassing Japan's Olympic qualifying standard. Actually, Ms. Fukushi had participated in the Sumitomo Athletics Festa a number of times before, putting me on familiar terms with her (at least I think so ...). This made me feel even more pleased with her returning to the stadium as the top runner. I believe she has got much closer to competing in the Rio de Janeiro Olympics.

Ms. Fukushi, Excellent Running!

When I placed the winning olive wreath on her head at the award ceremony, I said to her, "You did it! Congratulations!" With a big smile on her face, she responded by saying, "Thank you!!" Even though she has become one of the top female long-distance runners, she could not develop her career as a marathon runner so smoothly, which I believe made her even more pleased. As you may know, she has a very cheerful personality. If she can compete in the Olympic Games, I'm sure that she will turn the difficulties that she has experienced so far into great power, with which she will achieve an excellent result.

At the Osaka Half Marathon (men's & women's), which took place in conjunction with the above competition, four members of our athletics club competed. Although none of them finished in first place or other high positions, Mr. Daichi Nasu put in a decent performance by finishing 10th. In addition, Mr. Kazuki Muramoto (University of Hyogo), who will join Sumitomo Electric this spring, ended up in 2nd place, with his record being the same as that of the winner. I'm really looking forward to his future performances.

Our athletics club members Mr. Daichi Nasu and Mr. Akihiro Tanimoto making a final surge in the half marathon

Our athletics club members Mr. Daichi Nasu and Mr. Akihiro Tanimoto making a final surge in the half marathon

Since I was at the headquarters, I was able to directly learn that event officials and background support staff, as well as the police and fire department, worked really hard to help make the meet successful. I would like to take this opportunity to express my appreciation to them all.

SUMITOMO ELECTRIC President CEO Masayoshi Matsumoto

Born in 1944 in Hyogo Prefecture, Masayoshi Matsumoto joined Sumitomo Electric in 1967. After serving as General Manager of Chubu District Office, Managing Director and Senior Managing Director, he assumed office of President and CEO in June 2004.

His leisure activities include jogging, reading and art appreciation. Also a seasoned athlete, he played baseball in junior high school and practiced judo in senior high school. In university, he threw the javelin competitively and participated in all-Japan inter-university competitions.

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