Sumitomo Forestry has sold its shares in Igeto, Sumirin Sash, Jyukyo, and Sumikyo Wintec to Geolive Group

Tokyo – CFI is pleased to announce that it acted as exclusive financial advisor to Sumitomo Forestry in its sale of its shares in Igeto Co., Ltd, SUMIRIN SASH CO.,LTD., Jyukyo CO.,LTD., and Sumikyo Wintec Co., Ltd. to Geolive Group.

Sumitomo Forestry is a leading Japanese enterprise with a 330-year legacy in sustainable, wood-based industries. The company operates across the forestry value chain, including forest management, timber procurement, and the development of environmentally responsible residential construction. With a global footprint, Sumitomo Forestry generates approximately $13.6 billion in annual revenue and manages 40,500 hectares of domestic forestland and over 230,000 hectares internationally. Its business model is anchored in an integrated “wood cycle” approach, encompassing sustainable forestry practices, biomass energy utilization, and carbon sequestration initiatives.

The companies transferred in this transaction operate in the construction and housing sector, with Igeto, founded in 1973, distributing construction materials; Jyukyo Kensetsu Co., Ltd. operating as a home builder; and Sumikyo Wintec manufacturing building materials.

GEOLIVE Group Corp, formerly known as Jutec Holdings Corp, is a Japan-based company primarily engaged in the domestic housing materials sales business. Its core operations include the distribution of plywood, construction materials, housing equipment, and DIY products. In addition to its main business, the Group operates complementary businesses encompassing logistics services for general cargo transportation, construction contracting, residential remodeling, flooring construction, and information systems rental.

This transaction closed on 5 January 2026.