Sumitomo Forestry Co Ltd - Company Profile
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Business Description
Sumitomo Forestry Co Ltd (Sumitomo Forestry) offers timber and forest management services. It manufactures, processes, and sells lumber products and building materials. The company develops a range of housing and wood products businesses that include renovation and greening and provides solutions to environmental problems. In FY2022, the company’s capital expenditure stood at JPY36,665 million, which grew 51% YoY.
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R&D Overview
The W350 plan is a research technology development concept to construct wooden high-rise buildings by 2041. The plan aims to create environmentally friendly cities using wood that transforms cityscapes into forests. The company strives to spark innovation that encourages sustainable cycles for timber use and forest management and realizes a vision for eco-friendly wood cities where people, trees, plant life, and diverse animal species can coexist on the planet.
Business Segments
- Environment and Resources
- Housing and Construction
- Overseas Housing and Real Estate
- Timber and Building Materials
- Others
Overview
Conducts planned forestry management, including acquiring forestry certification from the Sustainable Green Ecosystem Council (SGEC). It owns and manages approximately 48 thousand hectares of forest in Japan. It also includes renewable energy business and domestic forestry business.
Performance
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Overview
Includes custom-built detached housing business, apartment business & residential property development business, landscaping business, existing homes business and MOCCA (timber solutions) business.
Performance
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Overview
Includes single-family homes business, land development business and real estate development business. Produces and sells timber and building materials; forestation business. Carries out the construction and sale of detached houses; and sale of forest lumber products in Asia, Australia and The US.
Performance
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Overview
Purchases, manufactures and sells timber and building materials. Its timber products include logs, wood chips and engineered timber. Building materials include fiberboard, concrete and ceramic building materials, housing systems and fixtures, plywood and metal building material.
Performance
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Overview
Operates civil engineering/construction work, insurance agency business and private-pay elderly care/assisted living facilities business.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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