- CEO
- Kojun Nishima
- Full Time Employees
- 14,116
- Sector
- Finance
- Industry
- Real estate development
- Address
- Shinjuku NS Building Tokyo TY Japan 163-0820
- IPO Date
- Oct 1, 1970
- Business
- Sumitomo Realty & Development Co., Ltd. (8830.T) engages in comprehensive real estate development, leasing, sales, brokerage, and management in Japan and select overseas markets. The company develops and leases office buildings, multipurpose halls, and commercial complexes; develops, sells, and leases condominiums, detached houses, rental apartments, and residential land; and operates hotels, event halls, fitness clubs, golf courses, retail facilities, restaurants, and convenience stores under brands such as Rieven House. It also provides remodeling services, custom home construction, real estate appraisal, asset utilization, parking lots, house cleaning, interior design, catering, and insurance agency services; undertakes construction, design, and supervision; and pursues urban redevelopment, logistics facilities, and sustainability initiatives including energy-saving renovations and ZEB-certified buildings. Founded on December 1, 1949, and headquartered at Shinjuku NS Building, 4-1 Nishi-Shinjuku 2-chome, Shinjuku-ku, Tokyo 163-0820, Japan, Sumitomo Realty primarily serves corporate and private customers in metropolitan areas like Tokyo and Osaka, where about 70% of revenues originate, with international operations in locations including Hong Kong and Thailand. Recent developments include ongoing share repurchase programs, with determinations announced as recently as November 2025 under a ¥10 billion initiative; a stock split, dividend increase, and revisions to earnings forecasts in November 2025; establishment of a Nominating Committee and expansions to stock compensation plans for employees in 2025; transfer of the housing construction business to a wholly-owned subsidiary via absorption-type split and name change of subsidiary Sumitomo Real Estate Sales Co., Ltd. in November 2024; launch of an Energy-saving Renovation Task Force in July 2025; and formulation of the 10th Medium-term Management Plan in March 2025 focused on sustainable growth, alongside strengthened shareholder returns and green financing totaling ¥2 trillion.