Us getaways for In early 2001, Sumitomo launched its new Step Up Plan, which is based on an earlier reform package, but takes cost-cutting and redundancy-slashing a step further. Its most important themes are, one, to expand the earning base and, two, to strategically reallocate management resources to foster higher levels of production. Facing a slow economy both domestically and internationally, Sumitomo reported revenues of more than $77 billion in 2002, making it the 23rd largest company in the world. BIBLIOGRAPHY. Ikujiro Nonaka, et al., The Knowledge- Creating Company: How Japanese Companies Create the Dynamics of Innovation (Oxford University Press, 1995); Global 500: World’s Largest Companies, Fortune (July 2002); Sumitomo Corporation, www.sumitomocorp. Us getaways 2016.