The Sumitomo Spirit
The Sumitomo Spirit grew out of the guiding principles set down by Sumitomo founder Masatomo Sumitomo in his “Monjuin Shiigaki”.
The Sumitomo Spirit grew out of the guiding principles set down by Sumitomo founder Masatomo Sumitomo in his "Monjuin Shiigaki" (the Aphorisms of Monjuin). This corporate spirit has been developed, deepened, and handed down over generations in the Sumitomo Family enterprise, and its essence was distilled in the Rules Governing the Sumitomo family established in 1882, and formulated into two business principles in 1891. Although there were some corrections to the wording, the Business Principles have been inherited with no change in the contents up to now.
Business Principles
Article 1Sumitomo shall achieve prosperity based on solid foundation by placing prime importance on integrity and sound management in the conduct of its business. |
Article 2Sumitomo’s business interest must always be in harmony with public interest; Sumitomo shall adapt to good times and bad times but will not pursue immoral business. |
