Visions - Spring 2008 - 2
From the Editors Dear Visions Readers: A look at SCOA’s automotive related businesses. ars. Not only do they help us get from A to B, they’ve become part of our way of life. Americans have paid tribute to the car in everything from children’s books to major motion pictures to popular music. In this issue, we take a look at how many of SCOA’s different businesses help that tradition by contributing to the birth of an automobile. We will also learn how what we do in trade and financing directly impacts the U.S. automotive industry. Next, we travel to D.C. to learn about SCOA’s newest real estate investment. In today’s more cautious real estate climate, SCOA still manages to locate great value in key markets, as our recent K Street building purchase shows. Additionally, we report about how SCOA’s Aerospace and Defense unit is helping Japan’s next generation of regional aircraft get off the ground — Mitsubishi Regional Jet. With SCOA helping to supply advanced U.S. technology for this jet, this landmark endeavor marks the first new aircraft created in Japan since the mid-1970s. Visions also reports on the 2007 contributions of The Sumitomo Corporation of America Foundation, which was started in 2004 as a charitable organization funding research, educational initiatives, and cultural programs that contribute and support the understanding of Japan and its culture in the U.S. The foundation also provides funds for disaster relief and social services in local communities. The Second Annual Japan Day Festival, held in Central Park, is a recent example of SCOA Foundation’s cultural support. Sincerely, Visions Editors Sumitomo Corporation of America, Corporate Communications C Visions magazine is published quarterly by Sumitomo Corporation of America, a wholly-owned subsidiary of Sumitomo Corporation, one of the world’s leading traders and distributors of commodities, industrial goods and consumer goods. Besides its role as a trader, Sumitomo Corporation is an investor in a diverse range of businesses that positions the company in markets with long-term potential. 2 visions Spring | Summer 2008 VISIONS STAFF Stephen Pitalo, Managing Editor Stephen.Pitalo@sumitomocorp.com Jewelle Yamada, Executive Editor jewelle-k.yamada@sumitomocorp.com Vanessa Goldschneider, Associate Editor vanessa.goldschneider@sumitomocorp.com Submissions and inquiries are welcome. Printed on recycled paper. Design/Production, Stanton Design Group stantondes@aol.com www.sumitomocorp.com
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Visions - Spring 2008
Table of Contents for the Digital Edition of Visions - Spring 2008
Visions- Spring 2008
Revving the Engines of the Auto Industry- A Look at SCOA Automotive Related Businesses
Helping Mitsubishi Regiona Jet Take Flight
SCOA Returens to D.C. Real Estate with Purchase of K Street Building
Contributing to Society- SOCA Foundation Gives to Broad Range of Causes in 2007
Visions - Spring 2008 - Visions- Spring 2008
Visions - Spring 2008 - 2
Visions - Spring 2008 - Revving the Engines of the Auto Industry- A Look at SCOA Automotive Related Businesses
Visions - Spring 2008 - 4
Visions - Spring 2008 - 5
Visions - Spring 2008 - 6
Visions - Spring 2008 - 7
Visions - Spring 2008 - 8
Visions - Spring 2008 - 9
Visions - Spring 2008 - 10
Visions - Spring 2008 - 11
Visions - Spring 2008 - Helping Mitsubishi Regiona Jet Take Flight
Visions - Spring 2008 - 13
Visions - Spring 2008 - SCOA Returens to D.C. Real Estate with Purchase of K Street Building
Visions - Spring 2008 - 15
Visions - Spring 2008 - Contributing to Society- SOCA Foundation Gives to Broad Range of Causes in 2007
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