In 1996, as part of its 50th anniversary project, Sumitomo Corporation started its Sumitomo Corporation Scholarship. The program was established to help educate future leaders in developing countries in Asia, where Sumitomo Corporation has many offices and operation bases. In response to requests from various countries, regions and educational institutions, the program has grown to cover an increasing number of universities and graduate schools in more countries. In fiscal 2007, scholarships were granted to about 900 students in 39 universities in 11 countries. The total number of students receiving scholarships in the last 12 years amounts to more than 8,000. Those people who completed their education through the scholarships are now demonstrating their expertise and leadership in a wide range of fields in each country.

Sumitomo Corporation staff in local areas regularly visit the universities where students are studying under these scholarships and exchange opinions with university staff and students. When attending the ceremony to present the scholarship, recipients often express their excitement and determination with words such as "Thanks to the Sumitomo Corporation Scholarship, I can now pursue my educational goal." Feedback from students and universities is a very important source of motivation for the program organizers and local staff at Sumitomo Corporation, serving as a valuable source of ideas for effective operation of the scholarship program. Sumitomo Corporation is looking forward to supporting the education of more young people in these countries.