- CEO
- Toshiro Mitsuyoshi
- Full Time Employees
- 27,613
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Keidanren Kaikan, 3-2 Tokyo TY Japan 100-8270
- IPO Date
- May 1, 1970
- Business
- Sumitomo Forestry Co., Ltd. engages primarily in the forestry and housing business, encompassing a broad spectrum from forest management and timber production to wooden construction and biomass power generation. The company manufactures and sells various wood products including harvested timber, building materials such as wood, metal, and ceramic components, and develops custom-built wooden housing. It also operates in real estate distribution, renovations, and greening activities. Sumitomo Forestry maintains significant forestry assets both in Japan—controlling approximately 40,500 hectares of forest—and internationally, with active operations in countries including the United States, China, South Korea, and Southeast Asia. It owns subsidiaries such as Brightland Homes (formerly Gehan Homes) in Texas and Crescent Communities in North Carolina, USA, expanding its footprint in residential development.
Founded in 1691 and headquartered in Tokyo, Japan, Sumitomo Forestry has evolved into a global leader in wooden home construction and sustainable forest resource management. Recently, the company has undertaken strategic expansions through acquisitions and alliances to strengthen its global presence and diversify its operations. In 2025, it completed the acquisition of Teal Jones Louisiana Holdings LLC, a major US timber company, and has launched its first overseas timber industrial complex, leveraging synergies with its US operations. Sumitomo Forestry also acquired a majority stake in Australian homebuilder Metricon, which positions it as the leading homebuilder in Australia. Furthermore, the company entered into a capital and business alliance with GEOLIVE Group Corporation to secure a stable earnings base and engaged in joint developments of multi-family rental complexes in the US near Washington, D.C. and Seattle. Other recent initiatives include the development of a large-scale township in suburban Jakarta and environmentally conscious wooden office buildings in London, emphasizing its commitment to decarbonization and sustainability.
Sumitomo Forestry’s latest major changes reflect a strategic focus on expanding its global timber and housing business segments while enhancing sustainability through innovative wooden architecture, bioethanol production from construction waste, and biomass power generation. The company’s medium-term management plan, Mission TREEING 2030 Phase 2, highlights its goals for business expansion and climate-conscious innovation. These developments reinforce Sumitomo Forestry’s role as a comprehensive provider in the wood-related industries and real estate development across Japan, the Americas, Europe, and Asia, combining traditional forestry expertise with modern, eco-friendly building technologies and strategic international growth initiatives.