Sumitomo Forestry Australia is a subsidiary of Japan’s Sumitomo Forestry Co. Ltd., which is a global leader in timber and housing with over 330 years of history. Globally, the Sumitomo Forestry Group operates across Japan, the United States, United Kingdom, China, Southeast Asian countries, Papua New Guinea, New Zealand and Australia.
In Australia, Sumitomo Forestry has become a major force in residential construction. In 2024, its Australian operations generated over AUD $1.6 billion in revenue. The company owns several prominent homebuilding brands, including Henley Properties Group, Wisdom Properties Group, Scott Park Group (which includes 101 Residential) and most recently, a 51% stake in Metricon, Australia’s largest homebuilder.
With a combined output of over 7,000 single family homes in 2024, Sumitomo Forestry Group ranked as the top homebuilder in Australia that year. The company has set a goal to supply 10,000 homes annually in Australia by 2030, reflecting its long-term commitment to the market.
This global backing provides Sumitomo Forestry Australia with the financial strength, innovation and stability to support its local brands like 101 Residential, ensuring customers benefit from both international expertise and local know-how.