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Sumitomo Corporation's Dirty Energy Trade
SUMITOMO CORPORATION’S DIRTY ENERGY TRADE Biomass, Coal and Japan’s Energy Future DECEMBER 2019 SUMITOMO CORPORATION’S DIRTY ENERGY TRADE Biomass, Coal and Japan’s Energy Future CONTRIBUTORS Authors: Roger Smith, Jessie Mannisto, Ryan Cunningham of Mighty Earth Translation: EcoNetworks Co. Design: Cecily Anderson, anagramdesignstudio.com Any errors or inaccuracies remain the responsibility of Mighty Earth. 2 © Jan-Joseph Stok / Greenpeace CONTENTS 4 Introduction 7 Japan’s Embrace of Dirty Energy 7 Coal vs the Climate 11 Biomass Burning: Missing the Forest for the Trees 22 Sumitomo Corporation’s Coal Business: Unrepentant Polluter 22 Feeding Japan’s Coal Reliance 23 Building Dirty Power Plants Abroad and at Home 27 Sumitomo Corporation, climate laggard 29 Sumitomo Corporation’s Biomass Business: Trashing Forests for Fuel 29 Global Forests at Risk 34 Sumitomo and Southeastern Forests 39 Canadian Wood Pellet Production 42 Vietnam 44 Sumitomo Corporation and Japanese Biomass Power Plants 47 Sumitomo Corporation and You 47 TBC Corporation 49 National Tire Wholesale 50 Sumitomo Corporation: Needed Policy Changes 3 Wetland forest logging tied to Enviva’s biomass plant in Southampton, North Carolina. Dogwood Alliance INTRODUCTION SUMITOMO CORPORATION’S DIRTY ENERGY TRADE—AND ITS OPPORTUNITY TO CHANGE While the rest of the developed world accelerates its deployment of clean, renewable energy, Japan is running backwards. It is putting in place policies which double down on its reliance on coal, and indiscriminately subsidize biomass power technologies that accelerate climate change. Government policy is not the only driver of Japan’s dirty energy expansion – the private sector also plays a pivotal role in growing the country’s energy carbon footprint. -
Sumitomo Chemical Estimate Total Approx
Create New Value Change and Innovation Create New Value MorganStanley MUFG Chemicals Conference December 19, 2017 1- 1 - Create New Value Contents Create New Value Performance Trends 3-9 Business Strategy 10-16 Business Strategy by Sector 17-51 Initiatives for Maintaining 52-61 Sustained Growth Conclusion 62-64 2- 2 - Performance Trends 3 Create New Value FY2017 1H vs. FY2016 1H (Billions of yen) FY2016 FY2017 1H 1H Change Sales 900.5 1,054.1 +153.6 Operating Income 47.3 92.0 +44.8 (Equity in Earnings of Affiliates) 18.8 22.6 +3.8 Ordinary Income 50.6 115.0 +64.4 Net Income Attributable to Owners of the Parents 19.2 68.5 +49.3 Naphtha Price ¥31,500/kl ¥37,600/kl Exchange Rate ¥105.20/$ ¥111.04/$ 4 Create New Value FY2017 1H vs. FY2016 1H: Operating Income by Sector (Billions of yen) FY2016 FY2017 Change Reason for Change 1H 1H Specialty Chemicals 45.4 72.5 +27.2 Energy & Functional Increased shipment volumes Materials 2.2 9.9 +7.7 of resorcinol and SEP Increased shipment volumes IT-related Chemicals 2.5 8.7 +6.2 of polarizing films and touchscreen panels Lower methionine market Health & Crop Sciences 12.9 5.6 -7.2 prices Pharmaceuticals 27.9 48.3 +20.5 Increased sales of Latuda Bulk Chemicals 6.7 25.0 +18.3 Petrochemicals & Improved margins of MMA Plastics 6.7 25.0 +18.3 and synthetic resins Others -4.8 -5.5 -0.8 Total 47.3 92.0 +44.8 5 Create New Value FY2017 Forecast vs. -
Sumitomo Chemical 100 Years Sumitomo Chemical 100 Years Published: August 2014 Published by Sumitomo Chemical Co.,Ltd
Sumitomo Chemical 100 Years Sumitomo Chemical 100 Years Published: August 2014 Published by Sumitomo Chemical Co.,Ltd. Production and editing : Sumitomo Chemical Co.,Ltd., Corporate History Editorial Office 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan Production assisted by Dai Nippon Printing Co.,Ltd. Printed in Japan by Dai Nippon Printing Co.,Ltd. CONTENTS Chairman’s Message President’s Message The Path to a Global Chemical Company 1. The History of Sumitomo 8 2. History of Sumitomo Fertilizer Works 10 3. Going from a Fertilizer Manufacturer to a Chemical Company 14 4. Moving into Fine Chemicals 16 5. Post-war Recovery 18 6. Moving into the Agricultural Chemicals Business 20 7. Growth of the Pharmaceuticals Sector 22 8. Entering the Field of Petrochemicals 24 9. Dealing with the Oil Crises 26 10. Rise and Decline of Aluminum Business 28 11. Construction of Singapore Petrochemical Complex 32 12. Separation of Pharmaceutical Business from Sumitomo Chemical and Inauguration 34 of Dainippon Sumitomo Pharma Co., Ltd. 13. Expansion of Agricultural Chemicals Business 36 14. IT-related Chemicals Sector Established and Business Grows 38 15. Progress of the Rabigh Project 40 16. Aiming to be a Truly Global Chemical Company 42 17. For a Better Tomorrow 46 Reports from Regional Headquarters 48 Report from Beijing by Sumitomo Chemical (China) Co., Ltd. 48 Report from Singapore by Sumitomo Chemical (Asia Pacific) Pte Ltd 50 Report from Brussels by Sumitomo Chemical Europe S.A./N.V. 52 Report from New York by Sumitomo Chemical America, Inc. 54 The Sumitomo Spirit and Sumitomo Chemical’s Business Philosophy 56 Recent Sales and Profits 57 Sumitomo Chemical Locations in Japan 58 Major Companies of Sumitomo Chemical Group: Japan 59 Major Companies of Sumitomo Chemical Group: International 60 Chronology of Sumitomo Chemical 62 Chairman’s Message In October 2015, Sumitomo Chemical will cele- triggered by the fall of Lehman Brothers and the sub- brate its 100 year anniversary. -
Sumitomo Mitsui Financial Group CSR Report Digest Version
Sumitomo Mitsui Financial Group CSR Report Digest version www.smfg.co.jp/english Today, Tomorrow and Beyond First,First, I wouldwould likelike toto extendextend ourour deepestdeepest sympathiessympathies andand heartfeltheartfelt condolencescondolences toto allall thosethose whowho havehave sufferedsuffered andand INDEX toto tthehe ffamiliesamilies andand ffriendsriends ooff tthosehose wwhoho ttragicallyragically llostost ttheirheir llivesives iinn thethe devastatingdevastating earthquakeearthquake andand tsunamitsunami Foreword 1 thatthat struckstruck northeasternnortheastern JapanJapan onon MarchMarch 11,11, 2011.2011. WeWe praypray forfor thethe earlyearly recoveryrecovery ofof thethe affectedaffected peoplepeople andand areas.areas. Commitment from the Top 3 A Conversation with Tadao Ando, SMFGSMFG isis dedicateddedicated toto seamlesslyseamlessly respondingresponding toto clients’clients’ needsneeds byby leveragingleveraging ourour group-widegroup-wide capabilities,capabilities, Takeshi Kunibe and Koichi Miyata What can we do now to spur the reconstruction and revitalization of Japan, offeringoffering optimaloptimal pproductsroducts aandnd sservices,ervices, aandnd eensuringnsuring tthathat eeveryvery employeeemployee andand thethe overalloverall groupgroup areare capablecapable ofof and help resolve global issues? respondingresponding ttoo tthehe challengeschallenges ooff gglobalization.lobalization. I bbelieveelieve tthathat throughthrough thesethese measures,measures, Measures to Support Reconstruction after the March 11 President -
SUMITOMO CHEMICAL COMPANY, LIMITED Notice of the 137 Ordinary General Meeting of Shareholders
SUMITOMO CHEMICAL COMPANY, LIMITED th Notice of the 137 Ordinary General Meeting of Shareholders THIS DOCUMENT IS A SUMMARY OF A NOTICE AND THE ATTACHMENTS THERETO, THE ORIGINALS OF WHICH ARE IN THE JAPANESE LANGUAGE. THIS DOCUMENT IS MADE ONLY FOR THE REFERENCE PURPOSES OF SHAREHOLDERS WHO LIVE IN COUNTRIES OUTSIDE OF JAPAN AND DOES NOT CONSTITUTE A FORMAL TRANSLATION OF THE ORIGINAL NOTICE AND THE ATTACHMENTS. IN THIS SUMMARY, CERTAIN INFORMATION IS INTENTIONALLY OMITTED. THE ORIGINALS CONTAIN MORE INFORMATION, SUCH AS THE REPORTS OF THE ACCOUNTING AUDITORS AND THE BOARD OF CORPORATE AUDITORS, ETC., WHILE SOME SUPPLEMENTAL INFORMATION NOT CONTAINED IN THE ORIGINALS IS ADDITIONALLY GIVEN IN THIS SUMMARY AS FOOTNOTES WITH ASTERISKS. To Our Shareholders: Please take notice that Sumitomo Chemical Company, Limited (the “Company”) has called an Ordinary General Meeting of Shareholders to be held in Tokyo, Japan on June 21, 2018 (the “Meeting”) for the following purposes: MATTERS TO BE REPORTED: No. 1. Reports on the Company’s business report, consolidated financial statements, and the results of both the Accounting Auditor’s and the Board of Corporate Auditors’ audits of the Company’s consolidated financial statements for the 137th fiscal period (from April 1, 2017, to March 31, 2018) (the “137th fiscal period”). No. 2. Reports on the Company’s non-consolidated financial statements for the 137th fiscal period. MATTERS TO BE RESOLVED: No. 1. To make a partial amendment to Articles of Incorporation. No. 2. To elect thirteen Directors. No. 3. To elect one Corporate Auditor. EXPLANATION OF THE SUBJECT MATTERS OF THE MEETING No. -
Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?
IRLE IRLE WORKING PAPER #188-09 September 2009 Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone? James R. Lincoln, Masahiro Shimotani Cite as: James R. Lincoln, Masahiro Shimotani. (2009). “Whither the Keiretsu, Japan's Business Networks? How Were They Structured? What Did They Do? Why Are They Gone?” IRLE Working Paper No. 188-09. http://irle.berkeley.edu/workingpapers/188-09.pdf irle.berkeley.edu/workingpapers Institute for Research on Labor and Employment Institute for Research on Labor and Employment Working Paper Series (University of California, Berkeley) Year Paper iirwps-- Whither the Keiretsu, Japan’s Business Networks? How Were They Structured? What Did They Do? Why Are They Gone? James R. Lincoln Masahiro Shimotani University of California, Berkeley Fukui Prefectural University This paper is posted at the eScholarship Repository, University of California. http://repositories.cdlib.org/iir/iirwps/iirwps-188-09 Copyright c 2009 by the authors. WHITHER THE KEIRETSU, JAPAN’S BUSINESS NETWORKS? How were they structured? What did they do? Why are they gone? James R. Lincoln Walter A. Haas School of Business University of California, Berkeley Berkeley, CA 94720 USA ([email protected]) Masahiro Shimotani Faculty of Economics Fukui Prefectural University Fukui City, Japan ([email protected]) 1 INTRODUCTION The title of this volume and the papers that fill it concern business “groups,” a term suggesting an identifiable collection of actors (here, firms) within a clear-cut boundary. The Japanese keiretsu have been described in similar terms, yet compared to business groups in other countries the postwar keiretsu warrant the “group” label least. -
Plastic Manufactures Manufacturer Tradename Material 3M Corp
Plastic Manufactures Manufacturer Tradename Material 3M Corp. Vikuiti PC/PET film 3M Performance Polymers FTPE Fluoroelastomer A. L. Hyde Company Hydlar PA aramid fiber reinforced A. Schulman Formion Ionomer A. Schulman Invision TPO A. Schulman Miraprene TPV A. Schulman Polyaxis Rotational molding compounds A. Schulman Polyfabs ABS A. Schulman Polyflam Flame retardant compounds A. Schulman Polyfort PP, PE, EVA A. Schulman Polyman ABS alloys A. Schulman Polypur PUR A. Schulman Polytrope TPO A. Schulman Polyvin Flexible PVC A. Schulman Schulablend ABS/PA A. Schulman Schuladur PBT A. Schulman Schulaflex Flexible elastomers A. Schulman Schulamid PA 6, PA 66 A. Schulman Schulink HDPE A. Schulman Sunprene PVC elastomer Achilles Corporation Achilles Foamed PS, PUR Aclo Compounders Accucomp Blended compounds Aclo Compounders Accuguard Flame retardant compounds Aclo Compounders Acculoy Alloyed resins Aclo Compounders Accutech Engineering resins Actiplast Acvitron Flexible PVC Addiplast Addilene PP Addiplast Addinyl PA 6, PA 66 Adell Adell Thermoplastic resin Advanced Elastomer Systems Dytron TPE Advanced Elastomer Systems Geolast TPV Advanced Elastomer Systems Santoprene EPTR Advanced Elastomer Systems Trefsin TPE Advanced Elastomer Systems VistaFlex TPO Advanced Elastomer Systems Vyram EPTR Advanced Polymer Alloys LLC DuraGrip Thermoplastic rubber Aiscondel Etinox PVC Akai Plastik Sanayi Ve Ticaret AS Aklamid PA 6, PA 66 Akai Plastik Sanayi Ve Ticaret AS Akmaril ABS Akai Plastik Sanayi Ve Ticaret AS Akron HIPS Albis Albis PA 6, PA 66 Albis Alcom PA 66, POM Albis Cellidor CAB, CP Albis Petlon PBT Albis Tedur PPS Alfagomma S.p.A. Alfater XL TPV Alfaline S.r.l. Alfacarb PC Alfaline S.r.l. Alfanyl PA 6, PA 66 Alfaline S.r.l. -
Facilitation of Information Transfer on Chemicals in Products
Facilitation of Information Transfer on Chemicals in Products The Ministry of Economy, Trade and Industry (METI) developed ‘chemSHERPA’ [kémʃéərpə] as a new information transfer scheme for chemicals in products throughout their supply chains. METI hopes that the dissemination of chemSHERPA may contribute to reduce the workload of both providers and recipients of the information. From the beginning of the development of chemSHERPA, METI has been in communication with international bodies such as the IEC and the IPC, etc., with the aim of developing chemSHERPA into not only a Japanese standard but also an International standard. To make it a de-facto standard, METI has introduced this scheme to international organizations and governments of other countries for their active use. The Joint Article Management Promotion Consortium (JAMP) is a governing body for chemSHERPA from April 2016 and see a shift to chemSHERPA. We believe many companies are preparing towards implementing chemSHERPA. Based on the efforts mentioned above, the following companies and company groups have agreed with the dissemination of chemSHERPA, and METI will continue to work with JAMP and companies to spread the use of chemSHERPA to internal as well as external supply chains as needed.(Please contact us if any company or company group has interest in putting its name below.) It should be noted, the use of the provision of data entry support tools is free of charge in principle with the aim of promoting wider use of chemSHERPA. [Contact information] Chemical Management Policy Division Manufacturing Industries Bureau Ministry of Economy, Trade and Industry [email protected] 03-3501-0080 (direct) 03-3501-1511 (ex. -
Safety Evaluation Study Using Embryonic Stem (ES) Cells
Safety Evaluation Study Using Sumitomo Chemical Co., Ltd. Environmental Health Science Laboratory Embryonic Stem (ES) Cells Nobuyuki HORIE Hashihiro HIGUCHI Satoshi KAWAMURA Koichi SAITO Noriyuki SUZUKI Embryonic stem (ES) cells are pluripotent stem cells that have the capacity for self-renewal and multilineage differentiation, and they have recently started to be used in the safety evaluation of chemicals. The novel in vitro embryotoxicity test (EST) that utilized the differentiation ability of mouse ES cells into cardiomyocytes was established in Germany. We could obtain results which were equal to the validation study performed in Europe and will apply the test system to a preliminary assessment of new chemicals. In addition, we have par- ticipated in one of the national projects to improve this test system to make it much simpler and more precise. This paper is translated from R&D Report, “SUMITOMO KAGAKU”, vol. 2007-I. Embryonic Stem Cells (ES Cells) 1. What Are ES Cells? Ontogenesis in mammals begins with a zygote Zygote 2-cell 4-cell 8-cell where sperm has fertilized an egg. Embryonic stem cells (ES cells in the following) are a cell line estab- Inner cell mass lished by collecting tissue (inner cell mass) that will become an embryo from the blastocyst formed from the division of a zygote in this ontogenesis and cultur- ing it in a Petri dish (Fig. 1). This was first established ES Cells with mice1) in 1981, and it was originally used mainly Blastocyst Morula as a tool for producing genetically modified animals. However, since it was successfully established for Fig. -
US5159004.Pdf
||||||||||||||| USOO559004A United States Patent (19) 11 Patent Number: 5,159,004 Furuta et al. (45. Date of Patent: Oct. 27, 1992 54, THERMOPLASTIC RESIN COMPOSITION 59-126460 7/1984 Japan. 75) Inventors: Motonobu Furuta, Tsukuba; Takashi OTHER PUBLICATIONS Maruyama, Kobe; Hiroyuki Harada, Kirk-Othmer Encyclopedia of Chemical Technology, Ichihara, all of Japan Third Edition, vol. 17. 73) Assignee: Sumitomo Chemical Company, Primary Examiner-Jacob Ziegler Limited, Osaka, Japan Attorney, Agent, or Firm-Birch, Stewart, Kolasch and 21 Appl. No.: 437,894 Birch 22 Filed: Nov. 17, 1989 57) ABSTRACT (30) Foreign Application Priority Data Disclosed herein is a thermoplastic resin composition Nov. 18, 1988 JP Japan ................................ 63-292080 which comprises: Dec. 15, 1988 JP Japan ............. ... 63-314863 (a) polyphenylene ether or a composition containing Mar. 13, 1989 JP Japan .................................. -060319 polyphenylene ether, 51 Int. Cl......................... C08K 5/01; C08K 51/04; (b) (i) a modified propylene polymer grafted with a C08K 53/02; C08K 71/12 styrene-based monomer or a mixture of a styrene 52 U.S. Cl. .................................... 524/390; 524/504; based monomer and a monomer copolymerizable 524/506; 524/508: 525/63; 525/68; 525/70, with the styrene-based monomer, or (ii) a composi 525/92; 525/93; 525/905 tion containing said modified propylene polymer and 58 Field of Search ..................... 525/68, 92,93, 905, a propylene polymer, 525/70; 524/508, 490, 504,506 (c) a rubbery substance, and at least one component selected from the following three components; 56 References Cited (d) a styrene resin having a melt index of 8 or above (at U.S. -
"JPX-Nikkei Index 400"
JPX-Nikkei Index 400 Constituents (applied on August 30, 2019) Published on August 7, 2019 No. of constituents : 400 (Note) The No. of constituents is subject to change due to de-listing. etc. (Note) As for the market division, "1"=1st section, "2"=2nd section, "M"=Mothers, "J"=JASDAQ. Code Market Divison Issue Code Market Divison Issue 1332 1 Nippon Suisan Kaisha,Ltd. 3107 1 Daiwabo Holdings Co.,Ltd. 1333 1 Maruha Nichiro Corporation 3116 1 TOYOTA BOSHOKU CORPORATION 1605 1 INPEX CORPORATION 3141 1 WELCIA HOLDINGS CO.,LTD. 1719 1 HAZAMA ANDO CORPORATION 3148 1 CREATE SD HOLDINGS CO.,LTD. 1720 1 TOKYU CONSTRUCTION CO., LTD. 3167 1 TOKAI Holdings Corporation 1721 1 COMSYS Holdings Corporation 3197 1 SKYLARK HOLDINGS CO.,LTD. 1801 1 TAISEI CORPORATION 3231 1 Nomura Real Estate Holdings,Inc. 1802 1 OBAYASHI CORPORATION 3254 1 PRESSANCE CORPORATION 1803 1 SHIMIZU CORPORATION 3288 1 Open House Co.,Ltd. 1808 1 HASEKO Corporation 3289 1 Tokyu Fudosan Holdings Corporation 1812 1 KAJIMA CORPORATION 3291 1 Iida Group Holdings Co.,Ltd. 1820 1 Nishimatsu Construction Co.,Ltd. 3349 1 COSMOS Pharmaceutical Corporation 1821 1 Sumitomo Mitsui Construction Co., Ltd. 3360 1 SHIP HEALTHCARE HOLDINGS,INC. 1824 1 MAEDA CORPORATION 3382 1 Seven & I Holdings Co.,Ltd. 1860 1 TODA CORPORATION 3391 1 TSURUHA HOLDINGS INC. 1861 1 Kumagai Gumi Co.,Ltd. 3401 1 TEIJIN LIMITED 1878 1 DAITO TRUST CONSTRUCTION CO.,LTD. 3402 1 TORAY INDUSTRIES,INC. 1881 1 NIPPO CORPORATION 3405 1 KURARAY CO.,LTD. 1893 1 PENTA-OCEAN CONSTRUCTION CO.,LTD. 3407 1 ASAHI KASEI CORPORATION 1911 1 Sumitomo Forestry Co.,Ltd. -
Sumitomo Mitsui Financial Group, Inc
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ‘ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2014 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ‘ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-34919 Kabushiki Kaisha Mitsui Sumitomo Financial Group (Exact name of Registrant as specified in its charter) SUMITOMO MITSUI FINANCIAL GROUP, INC. (Translation of registrant’s name into English) Japan 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan (Jurisdiction of incorporation or organization) (Address of principal executive offices) Haruyuki Nagata 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan Telephone: +81-3-3282-8111 Facsimile: +81-3-4333-9954 (Name, telephone, e-mail and/or facsimile number and address of company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act Title of Each Class Name of Each Exchange on which registered Common stock, without par value The New York Stock Exchange* * Not for trading, but only in connection with the listing of the American Depositary Shares, each American Depositary Share representing 1/5 of one share of the registrant’s common stock.