Sumitomo Forestry Co Ltd - Company Profile
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Sumitomo Forestry Co Ltd (Sumitomo Forestry) is a forest management, timber, and construction company. It operates timber and building materials; housing; forestry and environment; real estate; and overseas businesses. The company develops and produces a wide array of building materials including structural members, interior materials, and other special interior products. Sumitomo Forestry’s overseas operations include single-family homes business, the land development business, and real estate development business, sales and distribution bases for timber and building materials; contract construction of detached houses; sales of spec homes; forestation and sales of plantation timber. It offers support for the planning, management, and operation of real estate. The company operates in Southeast Asia, Oceania, North America, and East Asia. Sumitomo Forestry is headquartered in Chiyoda-Ku, Tokyo, Japan.
Headquarters
Japan
Address
8f, Keidanren Kaikan, 1-3-2, Ote-Machi, Chiyoda-Ku, Tokyo, 100-8270
Website
sfc.jp
Telephone
81 3 32142220
No of Employees
21,948
Industry
Construction
Ticker Symbol & Exchange
1911 (TYO)
Revenue (2023)
$12.8B
3.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-5.7%
(2023 vs 2022)
Market Cap*
$6.0B
Net Profit Margin (2023)
XYZ
-9.2%
(2023 vs 2022)
* As of and is in US$
Sumitomo Forestry Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Interior Building Materials | Building Materials Development and Production |
| Plywood | Contract Construction Of Detached Houses |
| Medium-Density Fiberboard (MDF) | Sales of Spec Homes |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company in partnership with scientists from Kyoto University developed a spacecraft called LignoSat. |
| 2023 | Plans/Strategy | In November, the company along with Tokyo Tatemono Co and Chuo-Nittochi Co announced their plans to develop an eight-floor, 400-unit multi-family residential rental building in the suburbs of Washington, DC. |
| 2023 | Plans/Strategy | In July, the company, Fuyo General Lease and Odakyu Electric Railway announced their plans to commence an eight-story multifamily development project in Shoreline. |
Competitor Comparison
| Key Parameters | Sumitomo Forestry Co Ltd | Daiwa House Industry Co Ltd | Sekisui House Ltd | Haseko Corp | Mitsui Home Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Chiyoda-Ku | Osaka-Shi | Osaka-Shi | Minato-Ku | Shinjuku-Ku |
| State/Province | Tokyo | Osaka | Osaka | Tokyo | Tokyo |
| No. of Employees | 21,948 | 49,768 | 29,052 | 7,511 | 3,678 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Akira Ichikawa | Chairman | Executive Board | 2020 | 69 |
| Toshiro Mitsuyoshi | Executive Officer; Director; President | Executive Board | 2020 | 61 |
| Ikuro Takahashi | Director; Divisional Manager- Housing and Construction Division; Divisional Manager - Housing Division; Managing Executive Officer | Executive Board | 2023 | 64 |
| Atsushi Kawamura | Divisional Manager - Global Housing, Construction and Real Estate Division; Director; Senior Managing Executive Officer | Executive Board | 2023 | 58 |
| Tatsuru Satoh | Executive Vice President; Director | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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