Mutual Growth through Co-creation with Partners

For a company to achieve sustainable growth, collaboration with diverse stakeholders is essential. SMAS aims to deepen its relationships with partners, pursue new challenges together, and create shared value that supports sustainable growth. 

Direction of Our Initiatives

Strengthening Relationships with Partners

To continue responding flexibly to changes in society, we will build new networks while further developing and deepening our relationships with existing partners, working together with them to achieve growth. 

Implementing Fair and Equitable Business Practices

To maintain fair and equitable business transactions, we will continue to comply with relevant laws and regulations and promote corporate activities based on social norms and standards of conduct. 

Partnership-Building Declaration

In March 2023, SMAS issued its Declaration of Partnership Building, aiming for mutual prosperity across the entire supply chain and co-creation of value with our partners.
The Declaration seeks to enhance added value not only with direct business partners but across the entire supply chain through collaboration that transcends existing business relationships and corporate scale. In addition to proactively taking measures to correct business practices and commercial customs that may hinder partnership-building with business partners, we also support our partners in formulating business continuity plans from the perspective of ensuring business continuity during disasters and other emergencies.
Recognizing that mutual growth through co-creation with partners as a material issue, SMAS is committed to promoting sustainable management. Through our activities both within and outside the Company, we will work together with partners, customers, and all of our stakeholders to contribute to the realization of a sustainable society.

Key Initiatives

Business Partners (Suppliers, Regional Bank-Affiliated Leasing Companies, Agents, Maintenance Workshops)

The Group aims to build trusting relationships with business partners through ongoing engagement based on fair and equitable transactions. We place importance on legal compliance, respect for human rights, and environmental consideration, and promote ethical business practices across the supply chain. In addition, through sustainability procurement, we are working to strengthen partnerships that support a sustainable future. 

Co-Creation Partners

Through engagement with co-creation partners, the Group is working toward a sustainable future. By promoting collaborative innovation and emphasizing environmental responsibility and social accountability, we seek to build fair and trusted partnerships. These efforts enable us to generate new business opportunities and work together with our business partners toward sustained growth.
Main examples of engagement include:

Global Initiatives

In June 2023, SMAS, Arval, and Element entered into a new agreement to expand their strategic alliance in the Asia-Pacific region. Through this agreement, global customers are now able to utilize the full-service vehicle leasing and fleet management services provided by SMAS in the markets of Japan, Thailand, India, and Indonesia. The three companies are also committed to supporting customers in achieving their ESG targets by offering sustainable fleet management services. Going forward, the three partners will continue to work together under a strong partnership to deliver the best possible solutions for customers.