Overview
Construction

Sumitomo Forestry Co.,Ltd.

Sumitomo Forestry is a diversified forest products and housing group with operations spanning timber and building materials procurement, manufacturing and sales, custom-built and multi-family residential construction, real estate development and management, and renewable energy. The company operates across Japan, Australia, the United States, Indonesia, New Zealand, and other markets through a network of 449 consolidated subsidiaries and 205 equity-method affiliates. Key competitive strengths include a vertically integrated value chain from upstream forestry and wood processing through to homebuilding and property development, as well as a growing international platform via major homebuilder acquisitions in the U.S. and Australia.

Market Cap
¥785B
US$5.01B
EV
¥1,847B
US$11.8B
Stock¥1,280▲+4.83%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.4
x
LTM EV/EBIT
11.7
x
LTM PER
9.3
x
LTM PBR
0.7
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-49.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
785BUS$5.01BMarket Cap1,599BUS$10.2B+ Debt233BUS$1.48B− Cash450BUS$2.87B− Inv. Sec.146BUS$932M+ NCI1,847BUS$11.8BEV
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Performance & Balance
Revenue 5Y (¥B)
1,386US$8.84B'21/121,670US$10.6B'22/121,733US$11.1B'23/122,054US$13.1B'24/122,268US$14.5B'25/12
EBITDA 5Y (¥B)
130US$830M'21/12176US$1.12B'22/12167US$1.07B'23/12223US$1.42B'24/12200US$1.27B'25/12
Net Income 5Y (¥B)
87.2US$556M'21/12109US$693M'22/12102US$654M'23/12117US$743M'24/12107US$680M'25/12
Capital Structure
41%
59%
EquityD/E 1.46xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
321US$2.05B293US$1.87B'21/12332US$2.12B338US$2.16B'22/12384US$2.45B424US$2.70B'23/12450US$2.87B613US$3.91B'24/12563US$3.59B769US$4.91B'25/12
Shareholders
Top 10 hold 39.2%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
11.69%
2
Custody Bank of Japan, Ltd. (Trust Account)
8.93%
3
Sumitomo Metal Mining Co.,Ltd.
4.91%
4
The Iyo Bank, Ltd.
2.84%
5
SUMITOMO CORPORATION (SUMITOMO SHOJI KAISHA,LTD.)
2.13%
6
Sumitomo Life Insurance Company
2.05%
7
The Hyakujushi Bank,Ltd.
2.04%
8
Kumagai Gumi Co.,Ltd.
1.75%
9
Sumitomo Forestry Co.,Ltd. Employee Stock Ownership Association
1.61%
10
Sumitomo Forestry Kyoeikai
1.23%
Management
15 officers
Akira ICHIKAWA
Representative Director, Chairman of the Board
Apr 1978 Joined the Company Jun 2007 Executive Officer Jun 2008 Director, Managing Executive Officer Apr 2010 Representative Director (current) Director, President and Executive Officer, President Apr 2020 Chairman of the Board (current) Jun 2021 Outside Director, Konica Minolta, Inc. Jun 2022 Outside Director, Sumitomo Chemical Co., Ltd. (current) Jun 2025 Outside Director, Daiwa Securities Group Inc. (current)
1954-11-12
Toshiro MITSUYOSHI
Representative Director, President (President and Executive Officer)
Apr 1985 Joined the Company Jun 2010 Executive Officer Apr 2011 Managing Executive Officer Jun 2014 Director Apr 2018 Senior Managing Executive Officer Apr 2020 Representative Director (current) Director, President (current) President and Executive Officer (current)
1962-05-23
Tatsumi KAWADA
Representative Director, Executive Vice President and Executive Officer, General Manager of Corporate Division
Apr 1986 Joined the Company Jun 2016 Executive Officer Apr 2017 Managing Executive Officer Jun 2018 Director Jan 2022 Director Jan 2024 Senior Managing Executive Officer; Representative Director Representative Director (current) Executive Vice President and Executive Officer (current) Jan 2025 General Manager, Corporate Division (current)
1962-10-04
Atsushi KAWAMURA
Director, Senior Managing Executive Officer, General Manager of Real Estate Business Division
Apr 1987 Joined the Company Jun 2016 Executive Officer Apr 2017 Managing Executive Officer Apr 2020 General Manager, Overseas Housing and Real Estate Business Division Jun 2020 Director (current) Jan 2023 Senior Managing Executive Officer (current); General Manager, Overseas Housing, Construction and Real Estate Business Division Jan 2024 General Manager, Construction and Real Estate Business Division Jan 2026 General Manager, Real Estate Business Division (current)
1965-02-24
Nobuyuki OTANI
Director, Managing Executive Officer, Deputy General Manager of Corporate Division
Apr 1995 Joined the Company Apr 2018 General Manager, Overseas Management Department, Overseas Housing and Real Estate Business Division Apr 2021 General Manager, Corporate Planning Department Mar 2022 Executive Officer; General Manager, Corporate Planning Department, concurrently General Manager, Business Innovation Office, Corporate Planning Department Jan 2024 Managing Executive Officer (current) Mar 2024 Director (current) Jan 2025 Deputy General Manager, Corporate Division (current)
1971-05-30
Kenji INUI
Director, Managing Executive Officer, General Manager of Housing Business Division
Apr 1995 Joined the Company Apr 2019 General Manager, Asia and Oceania Business Promotion Department, Overseas Housing and Real Estate Business Division Jan 2022 Deputy General Manager, Overseas Housing and Real Estate Business Division Mar 2022 Executive Officer Jan 2023 Deputy General Manager, Overseas Housing, Construction and Real Estate Business Division Jan 2024 Deputy General Manager, Housing Business Division Jan 2026 Managing Executive Officer (current); General Manager, Housing Business Division (current) Mar 2026 Director (current)
1972-08-26
Mitsue KURIHARA
Director
Apr 1987 Joined Japan Development Bank (now Development Bank of Japan Inc.) Jun 2008 Visiting Fellow, Stanford University Institute for International Policy Research Jun 2010 Deputy General Manager, Finance Department, Development Bank of Japan Inc. May 2011 Head of Medical and Lifestyle Office, Corporate Finance Department No. 4, Development Bank of Japan Inc. Apr 2013 General Manager, Corporate Finance Department No. 6, Development Bank of Japan Inc. Feb 2015 Full-time Audit & Supervisory Board Member, Development Bank of Japan Inc. Jun 2020 Outside Director, Chubu Electric Power Co., Inc. (current); Representative Director and Chairman, Value Research Institute Inc. Mar 2021 Outside Director of the Company (current) Jun 2021 Outside Director, Japan Finance Corporation (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), Mizuho Bank, Ltd. (current) Jan 2026 Chairman of the Board, Value Research Institute Inc. (current)
1964-04-07
Toshio IWAMOTO
Director
Apr 1976 Jun 2004 Joined Nippon Telegraph and Telephone Public Corporation Director, General Manager, Payment Solutions Business Division, NTT DATA Corporation (now NTT DATA Group Corporation) Jun 2007 Director, Managing Executive Officer, General Manager, Financial Business Division, NTT DATA Corporation Jun 2008 Director, Managing Executive Officer, in charge of Financial Sector, NTT DATA Corporation Jun 2009 Representative Director, Senior Managing Executive Officer, NTT DATA Corporation Jun 2012 Representative Director, President, NTT DATA Corporation Jun 2018 Senior Advisor, NTT DATA Corporation Jun 2020 Outside Director, Daiwa Securities Group Inc. (current) Jun 2022 Jun 2023 Mar 2024 Outside Director, East Japan Railway Company (current); Outside Director, Isetan Mitsukoshi Holdings Ltd. (current); Outside Director of the Company (current)
1953-01-05
Kenji SUKENO
Director
Apr 1977 Joined Fuji Photo Film Co., Ltd. (now FUJIFILM Holdings Corporation) Jun 2012 Executive Officer, General Manager, Corporate Planning Department, FUJIFILM Holdings Corporation; Director, Executive Officer, General Manager, Corporate Planning Division, FUJIFILM Corporation Jun 2013 Director, Executive Officer, General Manager, Corporate Planning Department, FUJIFILM Holdings Corporation Jun 2016 Representative Director, President, FUJIFILM Holdings Corporation; Representative Director, President, FUJIFILM Corporation; Director, FUJIFILM Business Innovation Corp. (current) Jun 2021 Representative Director, Chairman, FUJIFILM Holdings Corporation; Director, Chairman, FUJIFILM Corporation (current) Jun 2023 Director, Chairman, FUJIFILM Holdings Corporation (current) Jun 2024 Outside Director, Isetan Mitsukoshi Holdings Ltd. (current) Mar 2025 Outside Director of the Company (current)
1954-10-21
Toshio KADOMOTO
Full-time Audit & Supervisory Board Member
Apr 1988 Joined the Company Apr 2017 General Manager, General Affairs Department Jun 2020 Officer; General Manager, General Affairs Department Jan 2023 Assigned to Executive Officer in charge of internal audit Mar 2023 Full-time Audit & Supervisory Board Member (current)
1964-04-07
Junko NISHI
Full-time Audit & Supervisory Board Member
Apr 1989 Joined Ministry of Construction (now Ministry of Land, Infrastructure, Transport and Tourism) Apr 2011 Planning Office, Private Sector Support Coordination Office, General Affairs Division, Housing Bureau, Ministry of Land, Infrastructure, Transport and Tourism May 2012 Joined the Company Apr 2015 Deputy General Manager, Housing Business Division Jun 2015 Executive Officer Oct 2017 General Manager, Work Style Support Office, Human Resources Department Jan 2022 General Manager, Intellectual Property Office Jan 2023 General Manager, Legal Department Jan 2025 General Manager, Legal Department, Corporate Division Jan 2026 Assistant to General Manager, Corporate Division Mar 2026 Full-time Audit & Supervisory Board Member (current)
1966-05-24
Takashi KAWACHI
Audit & Supervisory Board Member
Apr 1982 Joined Ministry of Home Affairs (now Ministry of Internal Affairs and Communications) Apr 1992 Section Chief, Finance Division, General Affairs Department, Tokushima Prefectural Government Dec 2000 Deputy Mayor, Kyoto City Apr 2004 Director, Public Enterprise Management Planning Office, Local Public Finance Bureau, Ministry of Internal Affairs and Communications Apr 2005 Section Chief, Satellite Mobile Communications Division, Radio Department, Ministry of Internal Affairs and Communications Jul 2006 Councillor, Cabinet Secretariat (Assistant to Deputy Chief Cabinet Secretary) Aug 2010 Cabinet Councillor, Cabinet Secretariat Sep 2012 Cabinet Administrative Officer, Cabinet Secretariat Sep 2015 Director-General, Minister's Secretariat, Cabinet Office Jul 2017 Jan 2019 Mar 2021 Jun 2023 Sep 2023 Mar 2024 Sep 2025 Administrative Vice-Minister, Cabinet Office; retired from Cabinet Office Chairman, Japan Railway Construction, Transport and Technology Agency Chairman, Regional Creation Foundation (current) Outside Audit & Supervisory Board Member, The Yomiuri Shimbun Tokyo Head Office Co., Ltd. (current) Outside Audit & Supervisory Board Member of the Company (current) Special Adviser to the Cabinet (current)
1957-09-24
Naoko MUNAKATA
Audit & Supervisory Board Member
Apr 1984 Joined Ministry of International Trade and Industry (now Ministry of Economy, Trade and Industry) Sep 2011 Director-General, Trade Organization Division, Trade Policy Bureau, Ministry of Economy, Trade and Industry Jun 2013 Councillor, Minister's Secretariat (in charge of Trade Policy Bureau), concurrently Cabinet Councillor, Cabinet Secretariat (member of TPP Government Response Headquarters) Jul 2014 Director-General, Trade and Economic Cooperation Bureau, Ministry of Economy, Trade and Industry Jul 2015 Private Secretary to the Prime Minister Jul 2017 Commissioner, Japan Patent Office Jul 2019 Retired from Ministry of Economy, Trade and Industry Nov 2019 Adviser, Dai-ichi Life Research Institute Inc. Jun 2020 Outside Director (Audit and Supervisory Committee Member), Murata Manufacturing Co., Ltd. (current) Apr 2021 Professor, Graduate School of Public Policy, The University of Tokyo Sep 2021 Outside Director, Exawizards Inc. (current) Mar 2026 Outside Audit & Supervisory Board Member of the Company (current) Special Professor, Graduate School of Public Policy, The University of Tokyo (current)
1962-02-12
Yuko TOYODA
Director
Oct 2000 Registered as attorney-at-law, Nishimura Sogo Law Office (now Nishimura & Asahi) Jun 2002 Assigned to Civil Affairs Bureau, Ministry of Justice Apr 2006 Nishimura Tokiwa Law Office (now Nishimura & Asahi) Apr 2011 Deputy General Manager, Group Legal Department, Nomura Holdings, Inc. Dec 2014 Head of Control Room, Compliance Department, Barclays Securities Japan Limited Sep 2015 Special Counsel, City-Yuwa Partners Jan 2023 Partner (current) Mar 2023 Outside Director of the Company (current)
1970-08-21
Yoshimasa TETSU
Audit & Supervisory Board Member
Nov 1976 Joined Daiichi Audit Office (now EY ShinNihon LLC) Aug 1981 Registered as Certified Public Accountant May 1987 Partner, Century Audit Corporation (now EY ShinNihon LLC) Aug 1997 Representative Partner, Century Audit Corporation (now EY ShinNihon LLC) Jun 2011 Resigned from ShinNihon LLC (now EY ShinNihon LLC) Jun 2012 Outside Audit & Supervisory Board Member, Daiwa Motor Transportation Co., Ltd. Jun 2018 Outside Audit & Supervisory Board Member of the Company (current)
1948-12-23
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Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-04
Large Shareholding Report
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-07
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-22
Large Shareholding Report
EDINET
2026-06-19
Large Shareholding Report
EDINETAmended
2026-05-08
Amended Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2026-05-07
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-25
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-03-05
Large Shareholding Report
EDINET
2026-02-05
Large Shareholding Report
EDINET
2025-12-19
Large Shareholding Report
TDnet
2025-10-31
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-12
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-04-30
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-28
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-13
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINETAmended
2024-03-28
Amended Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2024-03-28
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINETAmended
2022-11-11
Amended Annual Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-05-12
Quarterly Securities Report
EDINET
2022-03-29
Annual Securities Report
EDINET
2021-11-12
Quarterly Securities Report
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