News Releases 2024

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Dec 16,2024 Joint development of a multi-family rental complex near Boston
～Helping to realize a decarbonized society with a fully wooden structure～
Dec 6,2024 Development of a multifamily community in North Carolina
～Meeting a wide range of housing needs in the rapidly growing Durham suburbs～
Nov 29,2024 Revisions to Organizational Structure and Personnel Transfers
Nov 28,2024 Target to achieve net-zero greenhouse gas emissions by 2050 receives SBT validation
Nov 18,2024 Development of a multifamily community in Atlanta, Georgia
～A place for young people to live, work and play～
Oct 31,2024 Financial Results for the Third Quarter of Fiscal Year Ending December 2024
Sep 30,2024 Sumitomo Forestry acquires Australia’s largest home builder, Metricon,
to become the largest builder group in Australia
Sep 30,2024 Notice Regarding Acquisition of Equity Shares of Metricon Group,
Australia’s Largest Detached Home Builder, to Create a Subsidiary and Change to Specified Subsidiary
Sep 20,2024 Indonesian JV enters wood pellet manufacturing and sales business
～ for a stable supply of wood biomass fuel ～
Sep 17,2024 Pilot tropical peatland restoration and management project in Indonesia
~Creating a model using advanced technologies to balance
both the economy and the environment on the former Mega Rice Project site~
Aug 8,2024 Sumitomo Forestry's US subsidiary Crescent Communities receives
highest honor from NAIOP, the Commercial Real Estate Development Association
～2024 Developer of the Year～
Aug 8,2024 Notice Concerning Revision to Dividend Forecasts
Aug 8,2024 Notice Concerning Revisions to Full-Year Financial Results Forecasts
Aug 8,2024 Financial Results for the Second Quarter of Fiscal Year Ending December 2024
Jul 22,2024 Ceremony Held to Mark the Completion of Construction of the Largest Seven-Story Mass Timber Office Building in the the state of Texas, U.S.A.
~ Environmentally- sound mass timber construction that significantly reduces CO2 emissions ~
Jul 8,2024 Joint development of a multi-family rental building near Denver, Colorado
～Promoting decarbonization with a pure wooden structure～
Jul 5,2024 Development of a wooden multi-family housing near Los Angeles
～Joint development with one of the largest developers in the United States and three Japanese companies～
May 8,2024 Sumitomo Forestry’s US subsidiary Crescent Communities wins NAHB 2023 Multifamily Pillars of the Industry Award
April 30,2024 Financial Results for the First Quarter of Fiscal Year Ending December 2024
April 18,2024 Kowa no Mori established, newly built factory to begin operations
in Iwaki, Fukushima, in March 2026
April 5,2024 Sumitomo Forestry’s first BTR multi-family housing
development in Brisbane, Australia
March 29,2024 US subsidiary DRB acquires housing business of Florida company
～Enhancing its presence in the second largest US market towards building 5,000 units per year～
March 28,2024 Sumitomo Forestry, Kumagai Gumi and NTT Urban Development to jointly participate in a large-scale township development project in Binh Duong Province, Vietnam
March 28,2024 Establishment of a Specified Subsidiary Company
February 29,2024 First entry into the afforestation and carbon credit business in Australia
～Contributing to decarbonization through diversification～
February 14,2024 Financial Results for the Fiscal Year Ended December 2023
February 9,2024 Sumitomo Forestry Makes CDP’s Climate A List for eighth consecutive year
~ Wins highest rating in CDP 2023 ~
February 8,2024 Sumitomo Forestry wins the highest top 1% assessment in S＆P Global’s Sustainability Yearbook 2024

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