Business Overview

Lifestyle Services Business is responsible for downstream business that support people's daily lives. We are making use of the experience and knowledge in creating comfortable living spaces that have been cultivated over many years in the housing business to develop a variety of lifestyle-related services which center on elderly care business that provide safe and secure living environments for seniors.

In addition to elderly care businesses, the Sumitomo Forestry Group is also involved in the VISON lodging and accommodations business launched in Taki-cho, Mie Prefecture, Japan in July 2021. The joint industry, government and academia project takes advantage of local resources with the goal of advancing industry and creating jobs around the keywords of food, nature and health.

Moreover, we are also involved with insurance and other businesses with the hope of achieving a vibrant society where people can live healthy lives.

Social Issues and Lifestyle Services Business

Sumirin Fill Care

Sumirin Fill Care manages 17 private-pay elderly care facilities and other sites mainly in the Tokyo metropolitan area under themes to connect people with the warmth of wood and provide elderly care services suitable for the changing times. By introducing ICT systems, we are looking to increase operational efficiencies, provide services tailored to individual tenant needs, and enhance our hospitality services.

Sumirin Care Life

Sumirin Care Life provides lifestyle support services tailored to the life stage of each resident in cooperation with various recreational facilities and medical institutes. Moreover, a substantial number of staff handles each service to achieve the most comprehensive support system. Four large-scale private-pay elderly care facilities and seven stations providing home nursing care services are currently in operation.

Integrated Approach to ESG Initiatives in the Lifestyle Services Business

The rate at which Japan's population is aging continues to accelerate even after having become a super-aged society in 2010. In October 2023, the aging rate reached 29.1%*, and is estimated to exceed 30% by 2030. This rapidly advancing trend toward a super-aged society is one of the most critical societal issues Japan faces.

In an effort to expand a business that helps to solve this social issue, the Lifestyle Services Business is increasing the number of rooms added through new facility construction. "The Mid-Term Sustainability Targets Phase 2 (2025-2027)" set a goal of increasing the number of rooms of private-pay elderly care facilities to 1,882 rooms.

*Source: The FY2024 Annual Report on the Ageing Society by the Ministry of Health, Labour and Welfare

ESG Initiatives in the Lifestyle Services Business