Sumitomo : Follow-up Program for the Revitalization of East Japan
September 28, 2017 at 10:05 pm EDT
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Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; Representative Director, President and Chief Executive Officer: Kuniharu Nakamura) will launch the Sumitomo Corporation Follow-up Program for the Revitalization of East Japan (hereinafter, 'the Program') starting in the second half of fiscal 2017. The program will provide ongoing support for the reconstruction of regions affected by the Great East Japan Earthquake.
Over the five years from fiscal 2012 to 2016, Sumitomo Corporation's Sumitomo Corporation Youth Challenge Program for the Revitalization of East Japan supported young people involved in revitalizing eastern Japan in the hope of reconstructing the area and helping disaster victims rebuild their lives.
Even six years after the disaster, numerous problems still remain. The environment surrounding the disaster-hit regions and the people, as well as their support needs, are constantly changing. To provide ongoing reconstruction support that is closely tailored to local needs, Sumitomo Corporation has revised its program by drawing upon its past support experience.
The Program will assist organizations that seek to solve problems faced by disaster-affected regions, enabling them to take leadership roles in reconstruction. A grant totaling 150 million yen is scheduled to be paid out by the Program over three years.
Grant recipients will not be publicly solicited, but instead will be chosen through in-depth dialogue with candidates so that the support programs can be designed to closely meet local situations and needs. The Program will be conducted with the cooperation of the Civil Society Initiative Fund, a specified nonprofit corporation.
Sumitomo Corporation will remain committed to providing long-term reconstruction support in the hope of restoring and revitalizing the disaster-affected regions.
■For more information about Sumitomo Corporation's major efforts in assisting reconstruction after the Great East Japan Earthquake, please refer to the following website:
http://www.sumitomocorp.co.jp/english/csr/contribution/recovery/
Sumitomo Corporation published this content on 29 September 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 September 2017 02:04:07 UTC.
Original documenthttp://www.sumitomocorp.co.jp/english/news/detail/id=30320
Public permalinkhttp://www.publicnow.com/view/17E037705988FFCA04D693040CE2868CA0135A04
Sumitomo Corporation is a diversified group organized around 7 areas of activity:
- retail distribution of consumer goods (24.4% of net sales): food products, apparel and accessories, pharmaceuticals, building materials, household and decorative items, etc. The group is also developing a real estate business;
- trading of hydrocarbon, mining, chemicals and electronics products (24%): oil, natural gas, copper, gold, silver, zinc, lead, nickel, coal, iron ore, resins, pesticides, petrochemical products, etc.;
- trading of steel products and non ferrous metals (20%): flat and long steel products, tubular products, aluminum products, titanium, etc.;
- distribution of transportation and construction systems and equipments (15.1%): spatial equipments, landing fields, forest machines, motorcycles, mining operating vehicles, etc.;
- telecommunications and multimedia products and services supplies (8.8%): TV wiring, data communication solutions, film distribution services, mobile telephony, Internet access and computing services;
- development and implementation of civil engineering infrastructures (7.6%): power plants, wastewater treatment units, industrial plants, telecommunications centers, etc. The group is also providing logistics services;
- other (0.1%).
SUMITOMO CORPORATION 
