Summit Agro

Company Profile

We aim to be a global organization that constantly stays a step ahead in dealing with change, creates new value, and contributes broadly to society.

Management Principles

  • To achieve prosperity and realize dreams through sound business activities.
  • To place prime importance on integrity and sound management with utmost respect for the individual.
  • To foster a corporate culture full of vitality and conducive to innovation.

Activity Guidelines

  • To act with honesty and sincerity on the basis of Sumitomo's Business Spirit and in keeping with the Management Principles.
  • To comply with laws and regulations while maintaining the highest ethical standards.
  • To set high value on transparency and openness.
  • To attach great importance to protecting the global environment.
  • To contribute to society as a good corporate citizen.
  • To achieve teamwork and integrated corporate strength through active communication.
  • To set clear objectives and achieve them with enthusiasm.

Corporate Policy

Summit Agro International carries out trading in the global crop protection product, environmental health product and pet care product markets under, and based on a common understanding with, Sumitomo Corporation, and implements the global strategy.

The value chain of the entire Sumitomo Corporation Group is divided into upstream, midstream and downstream stages, and every effort is made to strengthen and expand each of the stages to maximize overall business results.

Sumitomo Corporation undertakes upstream operations, and purchases products developed by its group companies and makes investments. Summit Agro International is responsible for midstream operations, and develops products and sells these own products, as well as other products manufactured by other Japanese and foreign companies, to the global market.

For downstream operations, Sumitomo Corporation's operating companies and joint ventures in each country—our sister companies—cultivate end users' markets.

Priority Measures

Product development meeting the needs of each market
Increase revenue by providing higher value-added trading services such as processing and inventory operations
Secure and nurture human resources (recruitment of new graduates and mid-career workers, assignment of younger workers to important positions, utilization of senior workforce)
Improve quality of operations (compliance, greater operational efficiency, etc.)

Compliance

We have established the Compliance Committee operating in accordance with our internal rules, and have introduced the Speak-Up System, to reinforce and promote our legal and ethical compliance.
To ensure compliance, every executive and employee is required, in their daily operations, to act according to the related laws and regulations and the company's internal rules while observing the "Specific Guidelines" of the Compliance Manual. In this way we are working hard to fulfill one of the Sumitomo Corporation Values (SC Values)—"Integrity and Sound Management: To comply with laws and regulations while maintaining the highest ethical standards."

The Compliance Manual is a document providing compliance guidelines—matters that are considered important from the viewpoint of compliance—under various themes. The manual is distributed to all the employees.

The Speak-Up System allows executives and employees who have become aware of any compliance problems occurring within the company to directly report to the Compliance Committee in the event that the problems cannot be reported through ordinary reporting procedures.

Our Compliance Committee works in close cooperation with the Compliance Committee of Sumitomo Corporation.

Internal Control

All of our activities as a member of the Sumitomo Corporation Group must satisfy a certain level of operational quality that meets or exceeds the expectations of all stakeholders regardless of the region or business area. To improve operational quality, Summit Agro International began in FY2005 to inspect the state of its overall internal control using a checklist prepared by Sumitomo Corporation in accordance with international standards. This checklist covers all key aspects in the management of risk, accounting and finance, compliance and all other organizational operations. This internal control system is defined by our company rules as well, and its objectives, processes and inspection results are promptly shared among all employees at meetings and seminars. Specific actions are then taken to tackle any issues identified through internal control.

Contact

http://www.summit-agro.co.jp

Head Office
23F, Harumi Island Triton Square Office Tower Z,
1-8-12 Harumi, Chuo-ku, Tokyo, Japan
Phone 813-6221-3000 / Fax 813-6221-3005)

Philippines
35th Floor, PhilAm Life Tower
8767 Pase de Roxas, Makati City
Phone 632-8850671/Fax 632-8850630

Downloadable Profile

Summit Agro Profile