With Japan’s declining birth rate and aging population, Sumitomo Life Insurance continually works to accommodate the nation’s diversifying and growing health - care coverage needs with innovative products under its “Kaigo to Iryo no Sumisei” brand (Sumitomo Life—your long - term care and medical insurance coverage provider). The company owes its beginning to the founder’s desire to build an ideal insurance company with his own hands, and to the dedication of the Sumitomo people who followed that noble ambition. In the Origin series, we explore the roots and evolution of Sumitomo Group companies; in this issue, we take a look at Sumitomo Life Insurance.
Starting with the telephone, NEC has constantly been at the cutting edge in electronics, computers, the Internet, and communication tools. Over a century has passed since NEC became the first Japanese company to be established with foreign capital, and during that time it has always pursued innovation. In the Origin series, we explore the roots and evolution of Sumitomo Group companies; in this issue we take a look at NEC.
In the 1930s, a non- life insurance company that could have disappeared without a trace was revived at the hands of Sumitomo. The seed sown by a selfless business leader imbued with a vision of competing companies existing and prospering together eventually bore fruit as Mitsui Sumitomo Insurance Company, Limited—a company with a dynamic business portfolio centered on the non- life and life insurance businesses, plus financial services and risk- related services. In the Origin series, we explore the roots and evolution of Sumitomo Group Companies; in this issue we take a look at Mitsui Sumitomo Insurance.
Nippon Sheet Glass has become a pioneer in the development of new applications as diverse as information technology and glass fiber by constantly exploring the limits of what can be done with glass. In this month’s installment of the Origin series, we explore the roots and development of a Sumitomo Group company with a business that today spans the globe. This is all due to the resolve of one man who, in the early Taisho period, was able to make a major contribution to Japan’s modernization by bringing in the latest equipment from overseas—thanks, of course, to the foresight and support of the House of Sumitomo.
Founded as a manufacturer of electric wire and cable, the mainstay supporting Japan’s social infrastructure, Sumitomo Electric Industries, Ltd. has long been supplying a broad range of modern industries—especially automobiles and electronics—with a variety of components and materials essential to their development. The springboard of Sumitomo Electric’s development was its unrelenting drive to acquire and apply advanced technology during its early period as it worked to create value-added products from a basic resource: copper. In this installment of the Origin series, we look back at the beginnings of Sumitomo Electric, another mainstay member of the Sumitomo Group.
In the Origin series, we explore the roots and development of Sumitomo Group companies. Sumitomo Trust & Banking has led the way in the trust business by pioneering many financial products and services such as loan trusts. In addition to product development, what drove the company’s management in times of crisis was its founding principle of fulfilling society’s expectations and its responsibilities for the public good.
With a vast network of some 120 sales locations and 100,000 business partners worldwide, Sumitomo Corporation continues to grow as a world-class company with “integrated corporate strength” as its core competence.
In the Origin series, we explore the roots and evolution of Sumitomo Group companies since the Company began operating as a serious contender among trading houses in 1945.
Nearly a century has passed since Bakelite was developed into an industrial product. Bakelite, the first synthetic resin ever put to practical commercial use, has come to be used in a huge range of products, including electronic and telecommunications devices, automobiles, and even houses. Indeed, it is safe to say that Bakelite is now indispensable to society. The large impact it still has on the world today is a tribute to Bakelite’s ever-evolving functionality. In the Origin series, we explore the roots and evolution of Sumitomo Group companies; in this issue we take a look at Sumitomo Bakelite, a company that wears the name Bakelite proudly like a crown.
In the Origin series, we explore the roots and development of Sumitomo Group companies. Sumitomo Warehouse builds distribution systems that link Japan with the rest of the globe, offering an end-to-end full-service logistics system encompassing warehousing, transport, and data processing. This global enterprise started a century ago as a portside earthen storehouse in Osaka, Japan’s largest commercial city at the time.
It is the quite familiar sites in the modern cities, such as the high-rise buildings reaching up to the sky and spreading road networks that provide freedom of movement. By supplying one of the basic materials for the construction of the national infrastructure, the Japanese cement industry has contributed greatly to the development of the economy.
In the Origin series, we explore the roots and development of Sumitomo Group companies. This month’s installment is about Sumitomo Osaka Cement, a company that stands tall in its industry, having overcome numerous challenges brought by changing business circumstances over the years.
In the Origin series, we explore the roots and evolution of Sumitomo Group companies. In this issue we take a look at Sumitomo Chemical, a diversified chemical maker who today produces a wide range of products from petrochemicals and fine chemicals to IT-related chemicals and agricultural chemicals. The company’s 90-year history is united by an enduring spirit of innovation to enrich people’s lives.
In the Origins series, we explore the roots and development of Sumitomo Group companies. Sumitomo Heavy Industries, Ltd. was born from the fusion of two companies—each of which was ahead of its time—forming a strong foundation for progress. One was the machinery division of Japan’s foremost copper mining company; the other was one of Japan’s oldest shipbuilding companies, which the government had originally established for national security purposes.
Military preparedness. The desire of nations not to be defeated in war sometimes stimulates technological and industrial innovation in ways that the usual demands of economy and efficiency do not. World War II, for example, gave rise to such innovations as jet aircraft and nuclear power, while more recently, the Internet has provided another example of technological innovation emerging from defense research. Looking back over the past century, Japan was involved in four wars, including conflicts with China, Russia, and then the Allies in WWII. Technological innovations that emerged from the extreme conditions of wartime form a significant part of the business foundation of Sumitomo Light Metal Industries, Ltd.
In “Origin,” we explore the earliest origins of Sumitomo group companies.
The word “metal” comes from the Greek metallao, meaning to search. The search for metals and the task of extracting them and putting them to use in support of modern society spans the globe. This root meaning of metal is reflected in the history of Sumitomo Metal Mining Co., Ltd., a company born of the search for metals and the technologies to smelt them.