{"id":25857,"date":"2026-05-20T11:42:06","date_gmt":"2026-05-20T11:42:06","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/25857\/"},"modified":"2026-05-20T11:42:06","modified_gmt":"2026-05-20T11:42:06","slug":"japanese-firm-now-fifth-biggest-us-housebuilder-after-4bn-acquisition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/25857\/","title":{"rendered":"Japanese firm now fifth biggest US housebuilder after $4bn acquisition"},"content":{"rendered":"

\"\"(Jim Parkin\/Dreamstime)<\/p>\n

\nJapanese contractor and materials company Sumitomo Forestry will buy 100% of the shares of Nevada-headquartered Tri Pointe Homes for $4bn.\n<\/p>\n

The company claims it is now the fifth largest housebuilder in the US, capable of building 15,000 units a year across 18 states.<\/p>\n

It now owns six US housebuilders and aims to build 23,000 houses a year by 2030.<\/p>\n

Tri Pointe Homes was founded in 2009 in California and has since built 58,000 homes.<\/p>\n

Sumitomo Forestry\u2019s final price of $47 per share has been increased since an initial offer was submitted in 2025, according<\/a> to Nikkei Asia.<\/p>\n

Mitsubishi UFJ Morgan Stanley acted as the financial advisor for the deal.<\/p>\n

Toshiro Mitsuyoshi, Sumitomo Forestry\u2019s president, said<\/a>: \u201cToday marks a meaningful new beginning with Tri Pointe Homes and an important milestone in advancing our group\u2019s US single-family homes business into a new stage of growth.<\/p>\n

\u201cTogether with Tri Pointe Homes and our existing five US homebuilders, we are well positioned to expand scale, enhance management efficiency and improve profitability.\u201d<\/p>\n

In 2024<\/a>, Sumitomo Forestry bought a controlling stake in Metricon, Australia\u2019s largest housebuilder, for US$79m.<\/p>\n

Subscribe to our newsletter here<\/a> to receive construction news and insights from around the world straight to your inbox<\/p>\n","protected":false},"excerpt":{"rendered":"(Jim Parkin\/Dreamstime) Japanese contractor and materials company Sumitomo Forestry will buy 100% of the shares of Nevada-headquartered Tri…\n","protected":false},"author":2,"featured_media":25858,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2711,8,17,2025,30],"class_list":["post-25857","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-acquisition","tag-japan","tag-japanese","tag-sumitomo","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/25857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=25857"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/25857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/25858"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=25857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=25857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=25857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}