Company News: Sumitomo Metal Mining
Updated: 23 Feb 2010
Sumitomo Metal Mining Co., Ltd. (SMM), in accordance with the Sumitomo Business Spirit, shall, through the performance of sound corporate activities and the promotion of sustainable co-existence with the global environment and society, seek to make positive contributions to society and to fulfil its responsibilities to its stakeholders, in order to win ever greater trust.
About Sumitomo's Business Spirit
The origin of SMM Group dates back to Soga Riemon, the founder of Sumitomo Group, who developed a copper smelting technique known as “Nanban-buki” in the “Keicho” period (1596 to 1614). In succession of the founder's business, the Sumitomo family has developed itself through businesses such as copper smelting and mining.
On the other hand, Sumitomo Masatomo, the founder of the Sumitomo family, wrote and left “Monjuin Shiigaki” (Founder's Precepts), which describes how a merchant should conduct business. The precepts shown in the document have deepened into “Sumitomo's Business Spirit”, and this is now the spiritual backbone of SMM Group, which has succeeded the business of the Sumitomo
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