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Human Resources Development

Strategic and Well-planned Human Resources Development

Developing human resources using a combination of OJT and OFF-JT

Sumitomo Corporation regards OJT as the basis of its HR development. By combining OJT with OFF-JT, where employees review their OJT practices to generalize and conceptualize knowledge and skills gained from experiences during OJT, we provide employees with opportunities to develop a foundation from which they can advance to a higher and more challenging level of business performance. Through this combination of OJT and OFF-JT, we ensure that employees acquire basic skills and general knowledge required for the person in the trading and business investment company.

Rebuilt and enhance training scheme that enables faster human resources development

At Sumitomo Corporation, a job rotation program is in place to ensure that employees gain as much overseas experience as possible while they are young. In addition, we have expanded and reinforced our HR development scheme that enables employees to learn management and leadership skills at an earlier stage than before and join the managerial workforce quickly. With this program and scheme, we aim to link the strengths of each individual to our organizational success and growth.

This allows employees to experience working in a diverse range of environments, including cross cultural environments, at an early stage through job rotations; and to meet, work with, and receive input and opinions from many people in diverse locations at home and abroad. Through these experiences, employees are expected to become "people who accept diverse values but think for themselves and act on their own initiative" as well as people "who can create new businesses themselves without being constrained by existing frameworks."

Training and Education

Support for overseas training through the Human Resources Development Fund

Overseas training programs to develop the person with global mindset required in the trading and business investment company

At Sumitomo Corporation, the Human Resources Development Fund established in fiscal 2010 helps promote strategic and well-planned HR development at each business unit and division by financially supporting the overseas training of trainees (including those who engage in language or MBA/law studies) or participating in the overseas short-term executive training program.

The Global Internship Program, one of the programs supported by the fund, focuses mainly on internships in emerging markets, to which only a few trainees were sent in the past. This program offers practical business experience to trainees, with a view to develop talented individuals with a global mindset and the ability to use the local language.

Sumisho Business College (SBC)

Support OFF-JT of our strategic and well-planned human resources development

Sumisho Business College (SBC), a corporate university, facilitates strategic and well-planned human resources development in terms of OFF-JT (Off the Job Training). SBC offers about 300 programs per year that are designed to focus on three areas—"the Management Principles, Activity Guidelines and SC VALUES," "Leadership" and "Professional."

One of the most unique programs is the visit to the Besshi Copper Mine, the starting point of the Sumitomo Corporation Group. The main objective of this training is to give leaders of organizations of the Group an opportunity to experience and assimilate Sumitomo's Business Philosophy, the basis of the Group's Management Principles, and to ensure that the business philosophy is passed on to younger employees.

Through a variety of training programs provided by SBC, our employees can learn common basic business knowledge and skills required to work in the trading industry; advanced specific knowledge and skills necessary for investment, business management, business creation/innovation, etc.; and also develop their leadership.

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Visit to the Besshi Copper Mine

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Sumisho Business College (SBC)

Training for Locally Hired Employees from Overseas Offices and Group Companies

Advancing Global Measures to Develop Human Resources

Aiming to recruit and develop personnel who can lead global business operations, the Sumitomo Corporation Group is focusing on promoting and developing locally hired employees in its overseas offices and Group companies.

As part of these efforts, we conduct training programs for locally hired employees at different career levels, such as managers, general managers, and senior executives. Through these training programs, nearly 300 participants each year come from all over the world to the Head Office in Tokyo. The programs establish a shared sense of the Sumitomo Corporation Group's corporate DNA and strengthen the sense of unity among employees as members of the Group by reaffirming participants' understanding of Sumitomo’s business philosophy and the Group's Management Principles. In addition, participants share information on the Group's management policies and strategies and improve their skills by attending various lectures.

In fiscal 2013, we reorganized our overseas offices into four broad regions. Under this system, we are promoting the development and utilization of local personnel by organizations in each region. Specific measures include the rotation of locally recruited personnel within each region and promoting personnel from overseas offices and Group companies to important positions. Furthermore, to promote global human resource development and utilization, the Head Office in Tokyo provides wide-ranging support to regional organizations in relation to such areas as recruitment and establishing training systems.

Training for locally hired employees overseasfrom overseas offices and group companies

Sumitomo Corporation Global HRD Center

A training center to develop global talent as well as to be used as a strategic multipurpose facility

The Sumitomo Corporation Global HRD Center in Ginza, Tokyo serves as a training center to develop global talent as well as a strategic multipurpose facility. As a training center, it is used to further strengthen the development of a global and diverse workforce. It also has a versatile multipurpose space, which is used for Head Office functions. International colleagues from different organizations and countries all over the world meet at this facility for intensive discussions on the future visions and strategies of the Sumitomo Corporation Group.

Sumitomo Corporation Global HRD Center

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