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Sumitomo Forestry history
Sumitomo Forestry company history timeline
The Sumitomo Spirit was set down in the Rules Governing the "House of Sumitomo" in 1891 as Our Business Principles based on the Founder's Precepts, written by Sumitomo founder Masatomo Sumitomo in the 17th century.
In 1894, the company began to plant artificial forests for their subsequent harvesting.
During the Second World War (since 1942), the company began to harvest wood in Indonesia on the islands of Sumatra, Borneo, Java.
In 1948, the Sumitomo zaibatsu was effectively liquidated and the forestry business was spun off into a separate entity.
Sumitomo Forestry itself was formed in 1955 by merging Toho Norin Co., Ltd. and Shikoku Ringyo Co., Ltd.
In 1964, the company starts the business of building real estate from timber.
In 1970, a subsidiary, P.T., was established in Indonesia.
In 1986, a subsidiary company, Nelson Pine Industries Ltd., was created in New Zealand, where the production of fiberboard was organized.
In 1990, the company is listed on the Tokyo Stock Exchange.
In 1991, in Indonesia, the company switches to a reforestation scheme.
In 1993, Sumitomo Forestry established the INOS Group to strengthen its position in the timber housing market.
In 2001, as a result of the merger of Sumitomo Forestry Crex Co., Ltd., Sumirin Holz Co., Ltd., Sumirin Plywood Industries, Ltd. and Fuji Incombustible Building Materials Industry Co., Ltd.
In 2006, the company merged with Ataka Kenzai Co., Ltd.
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Zippia gives an in-depth look into the details of Sumitomo Forestry, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sumitomo Forestry. The employee data is based on information from people who have self-reported their past or current employments at Sumitomo Forestry. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sumitomo Forestry. The data presented on this page does not represent the view of Sumitomo Forestry and its employees or that of Zippia.
Sumitomo Forestry may also be known as or be related to SUMITOMO FORESTRY CO LTD and Sumitomo Forestry.