- Business
- GEOLIVE Group Corporation (3157.T) operates as a holding company primarily engaged in the management of subsidiaries focused on housing-related businesses in Japan, including the sale and distribution of building materials such as plywood, interior goods, energy-related products like solar power systems, mansion renovation products, housing equipment, and DIY goods; construction contracting, remodeling, and flooring services; IT system rentals; and logistics operations for general cargo transportation. The company serves residential builders, housing construction firms, and non-residential customers, with an emphasis on expanding offerings in certified low-carbon materials, decarbonized products, and support systems for building contractors amid Japan's construction sector challenges. GEOLIVE maintains operations across Japan, including targeted expansions in the Chubu and Western regions through recent acquisitions.
Founded in 1923 and formerly known as JUTEC Holdings Corporation until its name change in September 2023, GEOLIVE Group Corporation is headquartered at 6-3-4 Shimbashi, Minato-ku, Tokyo, Japan, with approximately 83 employees at the holding company level as of March 31, 2025, and a total group workforce of around 1,511.
In a significant strategic development during 2025, GEOLIVE concluded a capital and business alliance agreement with Sumitomo Forestry Co., Ltd. on September 2, under which Sumitomo Forestry increased its stake to 30.3% through the acquisition of 27.19% of shares from Benia Shokai Co., Ltd., completed by October 31, 2025, making GEOLIVE an equity-method affiliate. As part of the alliance, GEOLIVE acquired four Sumitomo Forestry subsidiaries—Igetafuji Co., Ltd., Sumirin Sash Center Co., Ltd., Jyukyo Co., Ltd., and Jyukyo Wintech Co., Ltd.—for ¥2,980 million, enhancing its logistics, processing, aluminum sash fabrication, and construction capabilities primarily in Chubu and Western Japan. The partnership aims to integrate supply chains, promote digital transformation for streamlined quoting and delivery, introduce structural frame systems to boost construction efficiency, and expand sales of decarbonized materials and domestic timber.