Mid-term Management Plan

In its long-term vision through 2030, "Mission TREEING 2030," Sumitomo Sumitomo Forestry aims to increase carbon sequestration capacity by forests and fix carbon over the long term through the spread of wooden constructions by rotating its value chain, the "WOOD CYCLE" thereby contributing to decarbonization not only for the company but for society as a whole.
We aim to achieve sustainable growth by establishing a decarbonized, circular bioeconomy that maximizes the value of forests and trees, as outlined in "Mission TREEING 2030."

Medium-Term Management Plan ”Mission TREEING 2030 Phase 1” (FY12/2022 - FY12/2024) Three years to build a foundation for future growth and for contributing to decarbonization

Sumitomo Forestry Group launched its medium-term management plan, "Mission TREEING 2030 Phase 1," in 2022 as the first step toward achieving its long-term vision, "Mission TREEING 2030." This medium-term management plan is positioned as a three-year period for building a foundation for future growth and contributing to decarbonization.

Basic Policy

1. Utilization of wood resources
The challenge of decarbonization

Developing new businesses both domestically and internationally that highlight the value of forests as CO2 absorption
Promote initiatives that enhance the competitiveness of domestic wood
Expand our medium- and large-scale wooden construction business

２.
Promotion of a more resilient earnings base

Regain profitability of our housing and construction and timber and building materials businesses and promote transformation that enables us to anticipate and respond to future market changes
Improve asset efficiency

３. Acceleration of global expansion

Expand our housing and real estate business operations in the United States and Australia and create a profit base in Asia

4. Towards sustainable growth
Strengthening the management base

Promote digitalization
Enhance the securing and nurturing of human resources and improve employee engagement
Reinforce risk management

5. Business and ESG
Further integration

Steadily implement initiatives to achieve RE100 / SBTs (Science Based Targets)

Earnings Results

Performance by segment (FY2024/12)

		Sales	Recurring income
Timber and Building Materials Business	Invest in new businesses that can become a future pillar of our business portfolio (domestic timber manufacturing including timber industrial complex, decarbonization business, and DX, etc.) Rebuild overseas Manufacturing business	Sales	Recurring income	253.2 billion yen	10 billion yen
住宅事業	Increase market share and streamline construction in custom-built housing business Expand spec homes business, non-residential business, and renovation business	Sales	Recurring income	542.3 billion yen	35.2 billion yen
建築・不動産事業	Continue to grow the Housing and real estate development business in the US, Australia and Asia Commercialize medium- and large-scale wooden architecture business in non-residential segments in all markets including Europe	Sales	Recurring income	12,400 billion yen	147.5 billion yen
Environmental and Resources Business	Expand forest management area in Japan and abroad	Sales	Recurring income	27 billion yen	200 million yen
Other Businesses	Continue stable operation of nursing care business, etc.	Sales	Recurring income	27 billion yen	700 million yen
adjustment		Sales	Recurring income	-36 billion yen	4.4 billion yen