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Company ProfileGuiding Principles

Sumitomo’s Business Philosophy

We have inherited Sumitomo’s Business Philosophy that has supported the Sumitomo Group for four centuries.

The origins of this philosophy are found in the Monjuin Shiigaki (the Founder’s Precepts), a document written by Sumitomo family founder Masatomo Sumitomo (who acquired the title Monjuin after becoming a Buddhist priest) to instruct his family about the business wisdom he had distilled from his experience.

At the beginning, it urges “Strive with all your heart, not only in business, but in all situations.” This is the fundamental spirit of the Monjuin Shiigaki.

The rigorous efforts and honesty demanded by the Monjuin Shiigaki as well as other personal characterbuilding precepts continue to be the foundation of the Sumitomo Group’s Business Philosophy. Sumitomo Bakelite Co., Ltd.’s Business Philosophy—“Our company places prime importance on trust and sureness, and shall commit itself to contributing to the progress of society and enhancement of people’s welfare and livelihood through its business activities.”—stems from the Sumitomo Business Philosophy that has been inherited, nurtured and applied for 400 years.

Business Philosophy

Our company places prime importance on trust and sureness, and shall commit itself to contributing to the progress of society and enhancement of people’s welfare and livelihood through its business activities.

Standards of Conduct

1. We play an important, beneficial role in our society, offering customers products and services that put customer satisfaction first.

2. We strive to improve the performance of the Group of Sumitomo Bakelite Co., Ltd., always taking a global perspective.

3. We adhere to our corporate ethics, complying with legal requirements and our bylaws both in Japan and abroad, while engaging in fair and transparent business activities.

4. We emphasize safety while independently engaging in environmental protection activities.

5. We strive to create a pleasant work environment through respect for individual personalities and human rights.