Commitment to Communities

Key Issue

Contributing to the sustainable development of local communities

  • 8 DECENT WORK AND ECONOMIC GROWTH
  • 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE
  • 11 SUSTAINABLE CITIES AND COMMUNITIES

Action Policy

  • Contribute to establishment of sustainable communities through development and improvement of infrastructure indispensable for them

Corona-induced decentralization spurs regional revitalization business

Naoyuki Omura
Managing Executive Officer,
Head of Business Promotion & Development Division

In 2016, SMFL established a project team to tackle regional issues. Since then, we have pursued various initiatives, including participation in a project involving conversion of traditional Japanese houses to hotel accommodation in Dazaifu in Kyushu and a winery project in Hokkaido, establishment of the Regional Revitalization and Inbound Tourism Council in collaboration with the ANA Group, and establishment of a community development fund in collaboration with local financial institutions, thus focusing our efforts on supporting projects that lead to regional revitalization and on business matching.

The COVID-19 pandemic is accelerating the trend away from concentration in major cities toward greater regional dispersion. This trend is expected to lead to upgrading of regional infrastructure and an influx of manufacturers to the regions, thus creating a tailwind for SMFL, which has cultivated a network of relationships and a track record in regions nationwide and is increasing its involvement in regional revitalization projects.

In order to capture these business opportunities, we will promote in-depth collaboration with local public bodies, regional leading contenders, destination management organizations (DMOs), local financial institutions, etc., reflecting regional needs.

Providing solutions for sustainable urban development

Strategy
  • Contribute to next-generation community development and industrial infrastructure development responding to the needs of a society whose population is declining, with “mobility” as the watchword
  • Contribute to regions by utilizing real estate owned by SMFL as disaster-prevention centers
  • Develop real estate responsive to environmental certification and BCP
Concrete measures
  • Participating in a business involving conversion of traditional Japanese houses into hotel accommodation
  • Capital participation in a winery
  • Structuring a fund for traditional Japanese houses in Nara
  • Establishment of the Regional Revitalization and Inbound Tourism Council
  • Contributing to community development through government business in the infrastructure and healthcare fields

Contributing to the development of the economies of all countries by supporting capital investments on a global basis

Strategy
  • Further develop business by enhancing vendor finance functions and strengthening local operations
Concrete measures
  • Expanding vendor finance transactions in China and the ASEAN region

Community participation and support

Strategy
  • Maintain existing systems and establish new systems in which officers and employees continuously participate, such as matching gift schemes and voluntary activities
Concrete measures
  • Sales fairs
  • Blood donation
  • Participation in a contact lens case recycling initiative