Investors Library
Integrated Report
We began publishing the integrated report since 2016 so that all of our stakeholders, including customers, shareholders and investors, and local communities, can gain an even better understanding of our initiatives aimed at sustainable growth and maximization of corporate value, which is the goal of the SMM Group.
Integrated Report 2025

All Pages
Individual Versions
- Contents
- Editorial Policy
- Corporate Philosophy
- Long-Term Vision
- Our History of Value Creation
- At a Glance
- Our Three Core Businesses
- Material Flows
System for Value Creation (PDF: 1MB)
- Value Creation Process
- “Shin” 3-business Collaboration Business Model
- Seven Competitive Strengths
- Inputs and Outcomes
- Financial and Non-Financial Highlights
Vision for the SMM Group (PDF: 813KB)
- Message from the President
- Sustainability Management Framework
- Formulation and Revision of Material Issues and Vision for 2030
Revised Material Issues and Management Framework
Material issues and its background
Material issues / KPI
Medium-to Long-Term Strategy for Value Creation (PDF: 3.6MB)
- Changes in the 3-Year Business Plan
- 3-Year Business Plan 2027
- Financial Strategy
- Outside Directors’ Tripartite Discussion
- Business Overview
- Research & Development
- Quality Assurance
- Digital Transformation (DX)
- Close Up Innovation in Smelting and Refining—Taking on the Challenge of Non-Ferrous Metals DX
Value Creation Initiatives (PDF: 1.3MB)
- Material Issues Human Capital Management
- Occupational Safety and Health
- Material Issues Stable Supply of Non-Ferrous Metals and Transition to a Circular Economy
- Material Issues Realizing a Carbon Neutral Society
- Material Issues Conservation and Restoration of Nature
- Material Issues Co-Existence and Mutual Prosperity with Local Communities and Indigenous People
- Material Issues Supply Chain Management
- Business and Human Rights
Foundations Supporting Value Creation (PDF: 756KB)
- Corporate Governance
- Risk Management
- Compliance
- Risks and Opportunities
- Directors and Audit & Supervisory Board Members
- The Global Non-Ferrous Metal Industry and the SMM Group
- Targets and Progress of Our Long-Term Vision
- Eleven-Year Financial Summary
- Financial Performance by Business Segment
- FY2024 Results and FY2025 Plan
- Consolidated Financial Statements
- Major Non-Ferrous Metal Prices and Exchange rates
- Glossary
- SMM Group Overview
- Corporate Data and Investor Information
- Attestation of Validity
Back Number
Materials from 2015 and earlier are available from the page below.
Annual Report 2015
Annual Report 2014
Annual Report 2013
Annual Report 2012
Annual Report 2011
Annual Report 2010
Annual Report 2009

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Annual Report 2008

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Annual Report 2007

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Annual Report 2006

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Annual Report 2005

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Annual Report 2004

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Annual Report 2003

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Annual Report 2002

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Annual Report 2001











