GMM2022 (Global Management Meeting)

In mid-October, we held our first GMM (Global Management Meeting: a meeting of global managers) in four years in order to share our management policies, and invited the heads of bases and local executive employees from the Americas, Europe, and Asia to Japan.

Unfortunately, the China area had travel restrictions due to the new Corona virus, so we decided to hold the meeting separately. The meeting was divided into two groups so as not to be too dense, and I conveyed my message to each group.

What I have conveyed in the meeting

This fiscal year marks the final year of our medium-term management vision: 22V.

I would like to thank you for spending most of that period maintaining operations and making improvements at your overseas sites amid the supply chain disruption caused by the Corona pandemic.

I would also like to thank you all for your ongoing efforts to transform your business structure and improve it into a more solid management organization in line with the changing times.

And in the second half of FY2022, the Corona pandemic is coming to an end and the supply chain is going back to normal. This is the time to demonstrate the results of the reforms of the past several years, and I would like to ask once again for a firm response to the changes and even stronger commitment to high-quality manufacturing.

I then told them, "As we approach our 100th anniversary in 2029, let us all work together to create synergies so that we can continue to be a sustainable company from both financial and non-financial perspectives for the next 100 years.

On the day of the meeting, as much as possible, we listened to the reports form the heads of each overseas office about the local situation.

In Europe and the U.S., they said, "We are almost back to our daily routine and working on our business, while taking measures against infection.

I felt that they are responding speedily to the changes.

In Japan, examples of new lifestyle practices and other activities for With Corona have also been announced.

In our manufacturing industry, it is important to respond to improvements in manufacturing and logistics processes, where teleworking is difficult, by taking a local, hands-on approach (Genchi-genbutsu).

Therefore, I would like everyone to share your wisdom and come up with new methods, rather than just going back to the way things were before the Corona pandemic.

I think it was a meaningful GMM, where we shared our management philosophy, management policies, and important management issues to be addressed, and reaffirmed our commitment to promoting business as a unified group.

SUMITOMO RIKO President's Blog

The contents of this blog are compiled by the Public Relations and Investor Relations Department of Sumitomo Riko Company Limited as the secretariat and posted on the blog based on the speeches and wr