Consumer Durables

Sumitomo Forestry Co., Ltd.

Business Summary

Sumitomo Forestry Co., Ltd. engages in the forestry business. It operates through the following segments: Timber and Building Materials Business, Housing and Construction Business, Overseas Housing and Real Estate Business, and Others. The Timber and Building Materials Business segment purchases, manufactures, processes, and sells timber and building materials. The Housing and Construction Business segment offers custom-built detached housing, interior products, real estate leasing and brokerage, urban greening, landscaping, and maintenance services. The Overseas Housing and Real Estate Business segment develops condominiums, housing complexes, and commercial complex facilities overseas. The Others segment includes biomass power generation, overseas afforestation, insurance agency, agricultural and horticultural material manufacturing and sales, and civil engineering contracts. The company was founded in 1691 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2022	JPY	USD
Revenue	1,669.70B	12,694.72M
Gross Profit	392,970M	2,987.73M
Operating income	158,253M	1,203.19M
Income before tax	188,385M	1,432.28M
Net income	108,672M	826.22M
EBITDA	178,905M	1,360.20M
Diluted EPS	530.99	4.03
Dividends Per Share	125	0.95
Total Assets	1,537.59B	11,653.32M
Total liabilities	855,043M	6,480.29M
Total equity	627,606M	4,756.57M
Operating cash flow	55,276M	420.26M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	1,221.99B	1,308.89B	1,119.83B	1,385.93B	1,669.70B
Gross Profit	219,315M	232,146M	255,098.02M	321,994M	392,970M
Operating income	53,021M	49,247M	63,282.50M	113,650M	158,253M
Income before tax	58,538M	56,618M	66,947.83M	133,932M	188,385M
Net income	30,135M	29,160M	40,530.56M	87,175M	108,672M
EBITDA	72,196M	69,361M	80,026.46M	132,251M	178,905M
Diluted EPS	158.81	155.31	217.78	446.69	530.99
Dividends Per Share	40	40	75	80	125
Total Assets	899,120M	970,976M	1,091.15B	1,314.22B	1,537.59B
Total liabilities	553,480M	617,486M	691,698M	774,137M	855,043M
Total equity	311,766M	318,455M	367,581M	495,728M	627,606M
Operating cash flow	13,732M	40,689M	46,840M	91,576M	55,276M

	Mar 2018	Mar 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	11,025.63M	11,803.02M	10,488.47M	12,613.90M	12,694.72M
Gross Profit	1,978.79M	2,093.39M	2,389.26M	2,930.59M	2,987.73M
Operating income	478.38M	444.08M	592.70M	1,034.37M	1,203.19M
Income before tax	528.16M	510.55M	627.03M	1,218.96M	1,432.28M
Net income	271.89M	262.95M	379.61M	793.41M	826.22M
EBITDA	651.39M	625.46M	749.53M	1,203.66M	1,360.20M
Diluted EPS	1.43	1.40	2.03	4.06	4.03
Dividends Per Share	0.36	0.36	0.70	0.72	0.95
Total Assets	8,454.34M	8,772.42M	10,568.56M	11,412.67M	11,653.32M
Total liabilities	5,204.32M	5,578.76M	6,699.57M	6,722.56M	6,480.29M
Total equity	2,931.50M	2,877.12M	3,560.27M	4,304.87M	4,756.57M
Operating cash flow	123.89M	366.91M	438.70M	833.46M	420.26M

Valuation Measures

Dec 2022
PER	4.29
ROA	7.62%
ROE	19.34%
Operating margin	9.47%
Profit margin	6.50%

Key executives

President & Representative Director: Toshiro Mitsuyoshi
Representative Director, EVP & Head-Personnel: Tatsuru Satoh
Director & Executive Officer: Ikuro Takahashi
Executive Officer: Kunihiko Takagiri
Executive Officer & Manager-Sales Promotion: Yoichi Hosoya

Shareholders

Sumitomo Metal Mining Co. Ltd. (5.0%)
Iyogin Holdings, Inc. (2.9%)
Nomura Asset Management Co., Ltd. (2.6%)
Kumagai Gumi Co., Ltd. (2.5%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.4%)
Nikko Asset Management Co., Ltd. (2.3%)
Sumitomo Corp. (2.1%)
Sumitomo Life Insurance Co. (2.1%)
The Hyakujushi Bank, Ltd. (2.0%)
The Vanguard Group, Inc. (1.7%)

Contact Details

Website:http://sfc.jp
Address: Keidanren Kaikan, 1-3-2 Otemachi, Tokyo, 100-8270, Japan
Phone: +81.3.3214.2220

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Competitors

Last Updated on 31 May, 2023