Sumitomo Realty and Development Co., Ltd.
Sumitomo Realty & Development Co., Ltd. (Sumitomo Realty) is the holding company of the Sumitomo Group. The company is principally engaged in the development and supply of high quality office buildings and condominiums in Japanese urban areas. The company leases and manages properties including office buildings and condominiums. In addition, it also provides real estate financing services and property rental services. Sumitomo Realty principally operates in Japan through its subsidiaries. The company is headquartered in Tokyo.The company reported revenues of (Yen) JPY 695,239.00 million during the fiscal year ended March 2009, an increase of 0.48% over 2008. The operating profit of the company was JPY 112,895.00 million during the fiscal year 2009, a decrease of 21.21% from 2008. The net profit of the company was JPY 46,208.00 million during the fiscal year 2009, a decrease of 26.82% from 2008.
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