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Sumitomo Metals' management focuses not only on tangible assets that appear on financial statements (financial and physical assets), but also on intangible assets that do not appear on the balance sheet,
which include customers, human, technology, and organizational assets. Below are some representative data that we monitor on a regular basis.
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| ※1 Core earnings: Profit generated by business that supply distinctive products resilient to downturns in demand thanks to competitive technology or unique business model (Sumitomo Metals calculation). Core earnings ratio: Ratio of core earnings to consolidated operating income. |
※ Customer penetration ratio: The percentage of sales tonnage of products where we are the number one or number two supplier to customers. |
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| ※2 Core earnings ratio for FY09 has not been calculated because we posted operating loss in FY09. | ||
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