Komori
Sumitomo Corporation (Sumitomo Shoji Kaisha,Ltd.) (8053) · TargetReframed

¥300 billion investment in technology and innovation, healthcare, and social infrastructure

First written in FY2018. 2 of 4 entries say "Advanced", first in FY2019. Latest entry: FY2021.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2019 – FY20202018: 120182019: 120192020: 120202021: 12021
Same theme, other companies
Large-scale investment in 3 priority growth areasA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021ReframedAnnual report

    「In addition to the three fields addressed under the “Medium-Term Management Plan 2020”—“Digital Transformation (DX),” “Social Infrastructure,” and “Healthcare”—we newly added “Next-Generation Energy,” “Retail and Consumer,” and “Agriculture,” three fields where we have high potential to leverage our strengths.」

    SHIFT 2023 expanded the previous three growth fields into six next-generation growth strategy themes.
  2. FY2020AdvancedAnnual report

    「In fiscal 2019, we made total investments of approximately ¥80 billion in these 3 areas.」

    Against the 3-year investment plan of approximately ¥300.0 billion for the three growth fields, approximately ¥80.0 billion was invested in fiscal 2019, bringing the cumulative total with fiscal 2018 to approximately ¥90.0 billion.
  3. FY2019AdvancedAnnual report

    「Specifically, we plan to invest approximately ¥300.0 billion in total over 3 years in the three fields of “Technology × Innovation,” where business sophistication and business model transformation are expected through accelerated digital transformation (note); “Healthcare,” where the market is expected to expand rapidly due to the aging population and other factors; and “Social Infrastructure,” where growth is expected in smart city and urban development, infrastructure development, and related businesses driven by population growth and advancing urbanization. In fiscal 2018, we invested approximately ¥10.0 billion in total in these three growth fields, mainly in healthcare businesses in Malaysia.」

    Approximately ¥10.0 billion was invested in fiscal 2018 under the 3-year, approximately ¥300.0 billion investment plan for the three growth fields.
  4. FY2018First statedAnnual report

    「Specifically, we will invest approximately ¥300.0 billion in total over 3 years in the three fields of “Technology × Innovation,” “Healthcare,” and “Social Infrastructure.”」

    The Medium-Term Management Plan 2020 set a target for the first time of investing approximately ¥300.0 billion in total over 3 years in the three fields.
Moved together

"New Business Development Support, Full-Potential Plan, Asset Cycle, Digital Transformation" moved the same way as this thread, in the same document, in 2 of its 4 moves.

222222★123456
  1. ★This thread
  2. 1New Business Development Support, Full-Potential Plan, Asset Cycle, Digital Transformation2×
  3. 2Nomination and Remuneration Advisory Committee Composed Primarily of Outside Directors and Board Effectiveness Evaluation2×
  4. 3Strategic shareholdings held to maintain and strengthen business relationships2×
  5. 4Identification of Six Material Issues and Integration into Business Decision-Making2×
  6. 5Enhancing the Value of Existing Businesses2×
  7. 6Collaboration among businesses through the use of platform businesses2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sumitomo Corporation (Sumitomo Shoji Kaisha,Ltd.)'s next results are scheduled for 2026-11-02. Read the earnings preview
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