Sumitomo Corporation’s strengths lie in its Corporate Mission Statement and Sumitomo’s Business Philosophy
which are its value standards, as well as its business model, which realizes management stability and earnings expansion underpinned by sophisticated risk management and a diverse earnings structure. We will leverage these strengths to realize an even higher level of profit growth.
We operate in a wide range of fields including media, resources, and transportation systems, and have established domestic and overseas business models to guide operations at 116 bases in 65 countries overseas and at 24 domestic bases. Our diverse earnings structure is not overly dependent on any specific field or region, which contributes to management stability.
* We have prepared consolidated financial statements in accordance with U.S. GAAP up until the year ended March 31, 2010, and in accordance with International Financial Reporting Standards (“IFRSs”) from the fiscal year ended March 31, 2011.
* Consolidated net income and net income in this report are the same as IFRS profit for the year attributable to owners of the parent, and U.S. GAAP net income attributable to Sumitomo Corporation.