(Corporate Social Responsibility)
Directors, Board of Directors
Our articles of association set the maximum number of directors
We position corporate governance, a framework of corporate disci-
at ten. At present, however, our Board of Directors has eight
pline for both maximizing the SMM Group’s corporate value and
members, an appropriate size for lively discussion and flexible
ensuring sound management, as one of the most important aspects
decision-making. Remuneration is linked to performance.
The membership of our Management Committee consists of the
Our core Mineral Resources and Metals business and Electronic
president, executive vice president and other executive officers.
Materials and Advanced Materials business differ in terms of cus-
Corporate auditors also have access to its meetings. In addition
tomers, business environment and business characteristics. For this
to discussing from a broad point of view those matters that
reason, we have adopted an executive officer system that separates
require discreet discussion because they are important enough to
the decision-making and executive functions and a corporate audit
warrant to a Board of Directors resolution or presidential deci-
system that ensures objectivity as the governance system that best
sion and deciding whether or not to place them on the Board of
maximizes the executive and auditing functions in our businesses.
Directors’ agenda, the Management Committee fulfills the func-
tion of supporting decisions made by the president.
Organizational Chart of Corporate Governance
General Shareholders’ Meeting
Board of Directors
d of Corporate A
President & Representative Director
Affiliated company’s Board of
Independent Registered Accountant
30 | SUMITOMO METAL MINING CO., LTD.
Executive Officer System
mere list of “don’ts.” Anticipating situations in which doubts or
We are reinforcing the executive function of our executive offi-
problems remain after referring to the Code and consultation
cers by clarifying their authority and responsibilities and transfer-
with a superior is awkward or fails to result in the appropriate
ring a greater measure of authority to them. SMM has 19 execu-
response, we have set up an internal reporting system so that the
tive officers (eight of whom also serve as directors) who carry out
pertinent information can be presented directly to the responsi-
their work by being assigned specific authority for important
ble liaison office inside the Company.
tasks such as divisional managers and headquarters office man-
agers. Moreover, they report once a month to the Executive
Compliance Training Seminar
Committee on the execution of business. Remuneration is linked
Since 2001 we have held annual compliance training seminars
for the executives and regular employees of the SMM Group.
These seminars deepen their basic knowledge of compliance and
bring them up to date on recent revisions of the law.
We currently have four Corporate auditors, two of whom are
from outside the company (part-time). These internal and exter-
nal auditors attend meetings of the Board of Directors and
Living with the Environment
Management Committee and present their views; the auditors
from SMM form their views based on audits as full-time employ-
In order to leave a healthy and pleasant environment for future
ees who maintain independence, while those of the external audi-
generations, the SMM group engages in corporate activities that
tors are informed by knowledge of specialized fields.
are in harmony with the environment such as the efficient use of
mineral resources by making full use of the environmental protec-
Developing an Internal Control System
tion technology and expertise that it has acquired through its refin-
We are working to create a corporate culture that fosters the lawful
ing business. We are also committed to environmental improve-
and healthy execution of business by preparing an internal control
ment activities as part of our management system and have
system. The SMM Group is building a risk management system
acquired ISO14001 certification for almost all of our production
that is capable or rapidly and appropriately dealing with a variety
sites in Japan and overseas including Group companies.
of risks inside and outside the company by promoting the compa-
ny-wide and organized setting up of specialized posts.
Coral Bay Nickel Project
This project, which commercially produces an intermediate
product for nickel on Palawan Island, Republic of the
Thorough Enforcement of Compliance
Philippines, has paved the way for making a major contribution
to the efficient use of a limited mineral resource. It is based on
Taking to heart the lessons of the criticality accident that occurred
our unique HPAL* method, the world’s first commercially viable
in 1999 at JCO Co.,Ltd., one of our subsidiaries, we designed a
technology for refining low-grade nickel ore that had previously
Corporate Reform Plan in the following year and have striven to
achieve thorough compliance and safety management. In 2003, we
* Acronym for High Pressure Acid Leach, a technology for recovering nickel
committed ourselves afresh to thorough compliance by basing our
and cobalt in a high-temperature, high-pressure environment by dissolving
business philosophy on Sumitomo’s Business Spirit and establishing
low-grade ore (laterite) in sulfuric acid.
the “SMM Group Code of Conduct,” which comprises 17 articles.
Establishment of Green Procurement Standards
SMM Group Code of Conduct
Our Electronics Division has taken steps to prevent harmful
Based on the concept that a corporation is a key member of soci-
chemicals from entering the production chain by establishing
ety that sincerely cares about coexistence with nature, prosperity
Green Procurement Standards for suppliers. It is also working to
in balance with society, and sympathy with humanity, our Code
reduce harmful chemical substances by setting up a chemical sub-
of Conduct is studied by all employees of the SMM Group. It is
stance database which it sues for managing data for the entire
a guide for pro-actively putting ideas into practice, rather than a
Electronics Group including the subsidiaries under its control.
Clinical Practice Guideline For Lower Urinary Tract DysfunctionIn Patients With Chronic Spinal Cord InjuryTsai SJ, Ting H, Ho CC, Bih LI. Use of sonography and radioisotope renography to diagnose hydronephrosis in patientswith spinal cord injury. Arch Phys Med Rehabil 82: 103-106, 2001Morcos SK, Thomas DG. A comparison of real-time ultrasonography with intravenous urography in the follow-up ofp
Conducted at the Clinic for Dermatology and Dermatological Allergology A receding hairline and premature hair loss aff ect not just men but also repre-sent a worrisome development for women. With the onset of menopause, one out of three or four women will notice increased hair loss, which will ultimately lead to the thinning of hair if left untreated. Since the cause can not be remedied, wo