Message from the President

Takanori Ono, President

Takanori Ono, President

I would like to take this opportunity to express my sincere appreciation to our shareholders and investors for their generous support.

The Sumitomo Warehouse Group is proud to promote a comprehensive logistics business built around warehousing and supported by harbor transportation, international transportation and land transportation, as well as a marine transportation business and a real estate business centered around office building rental. All of these business endeavors are firmly rooted in our Corporate Philosophy: “We will provide earnest and timeless support for logistics functions as the social infrastructure, which is needed by all, while also working to create new services sought after by our customers and society.”

Looking at the business environment surrounding the Group, we are currently facing an unprecedented situation in which the spread of COVID-19 has led to restrictions on the movement of people and goods, resulting in prolonged stagnation of socioeconomic activity. As business activities need to be based on measures to prevent infection, in addition to the labor shortage that had already become evident in Japan and intensified competition across industries, movements to promote digitalization are rapidly increasing in various areas. No matter how the business environment may change, the Sumitomo Warehouse Group will continue to manage risks appropriately and remain dedicated to the mission of providing stable logistics services critical to society by steadily promoting our business.

In May 2020, we announced the adoption of a long-term vision, “Moving Forward to 2030,” which sets forth four core missions to achieve in the 10 years leading up to the SDGs target year of 2030. Based on the four missions of Connecting Things, Connecting the World, Connecting People, and Connecting Times, we have begun promoting our fourth Medium-Term Business Plan (FY2020-FY2022). Our core aim is to use this period to strengthen the business foundation as the first step in achieving the long-term vision. During the new plan, we will promote operational streamlining and labor-saving utilizing the latest technologies, while also strengthening our preparations for natural disasters. Furthermore, we will establish and enhance our global logistics capabilities. In addition, we wish to contribute to sustainability by actively engaging initiatives such as the preservation of the global environment, respect for human rights, promotion of employee health and the establishment of working environments in collaboration with various stakeholders in support of the realization of a sustainable society.

I would like to express my appreciation to our shareholders and investors for their understanding, and look forward to your continued support of these efforts.

President Takanori Ono

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