January 14, 2022
To whom it may concern:
Company:
Sumitomo Realty & Development Co., Ltd.
Representative: Kojun Nishima,
Representative Director and President
Securities code: 8830 (TSE First Section)
Contact:
Tetsuya Mogi, General Manager of Corporate
Planning Department(Phone: +81-3-3346-1042)

Notice of a Merger by Absorption (Simplified and Abbreviated Merger)
with a Consolidated Subsidiary
Sumitomo Realty & Development Co., Ltd. (hereinafter the “Company”) announces that it has resolved at its
Board of Directors meeting held today to merger by absorption (hereinafter the “Merger”) with its consolidated
subsidiary, Sumitomo Fudosan Finance Co., Ltd. (hereinafter “Sumitomo Fudosan Finance”), effective on March
1, 2022, as detailed below. As the Merger is an absorption-type merger of a wholly owned subsidiary, certain
matters and content are omitted from this disclosure.
1. Purpose of the Merger
Sumitomo Fudosan Finance has been mainly engaged in the financing operations between the Sumitomo
Realty Group companies, as well as holding multiple rental properties which the Company leases under amaster lease agreement. On this occasion, in an effort to further enhance the efficiency of the Sumitomo Realty
Group’s real estate leasing business, the Company decided to carry out an absorption-type merger withSumitomo Fudosan Finance, upon transferring its group financing operations to another company within theGroup (transfer was completed in 2021).
2. Outline of the Merger(1) Merger schedule
Date of Board of Directors Meeting’s resolution to the merger

January 14, 2022

agreement:
Date of the merger agreement:

January 14, 2022

Effective date:

March 1, 2022 (tentative)* The Merger shall be carried out without obtaining the approval for the merger agreement at theGeneral Meeting of Shareholders of each party, in accordance with the procedures of a simplified
merger provided in Article 796, Paragraph 2 of the Companies Act for the Company, and in accordancewith the procedures of an abbreviated merger provided in Article 784, Paragraph 1 of the Companies
Act for Sumitomo Fudosan Finance.
(2) Method of the Merger
An absorption-type merger in which the Company is the surviving company and Sumitomo Fudosan
Finance is dissolved.

(3) Share allotments associated with the Merger
As Sumitomo Fudosan Finance is a wholly owned subsidiary of the Company, there will be no allotmentof shares, any cash payments, etc. in line with the Merger.
(4) Treatment of share options or bonds with share options in the Merger
Not applicable.
3. Outline of the Companies Involved in the Merger
Surviving company
Sumitomo Realty & Development. Co.,Ltd.
4-1, Nishi-Shinjuku 2-chome
Shinjuku-ku, Tokyo

Absorbed company
Sumitomo Fudosan Finance Co., Ltd.

(3) Position and name ofrepresentative

Representative Director and President
Kojun Nishima

Representative Director and President
Yuichi Kageyama(4) Description of business

Property leasing

Property leasing(1) Corporate name(2) Head office6-1, Nishi-Shinjuku 2-chome
Shinjuku-ku, Tokyo

Property sales
Construction(5) Paid-in capital¥122,805 million¥100 million(6) Date of establishment

December 1, 1949

December 3, 1984

(7) Number of issued shares

476,085,978

2,013(8) Fiscal year-end(9) Major shareholders andpercentage of shares held
(As of September 30, 2021)

March 31
The Master Trust Bank ofJapan, Ltd. (Trust account)

March 31
Sumitomo
Realty&Development Co., Ltd.

15.56%

Custody Bank of Japan, Ltd.
(Trust account)
Sumitomo Mitsui Banking
Corporation

5.20%

Custody Bank of Japan, Ltd.
(Trust account 4)

2.31%

Taisei Corporation

2.02%

Daikin Industries, Ltd

1.77%

Shimizu Corporation

1.58%

Obayashi Corporation

1.58%

Maeda Corporation

1.53%

SSBTC CLIENT

1.31%

100%

2.53%

OMNIBUS ACCOUNT(10)

The financial condition and operating results of the immediately preceding business year
Fiscal 2020 ended March 31, 2021
Fiscal 2020 ended March 31, 2021
(Consolidated)(Non-consolidated)

Net assets¥1,503,021

million¥1,642

millionTotal assets¥5,673,666million¥119,723

millionShareholders’ equity per share¥3,171.34

Revenue from operations¥917,472

million¥2,505

millionOperating income¥219,244

million¥1,358millionOrdinary profit
Profit attributable to ownersof parent¥209,949

million¥1,206

million¥141,389

million¥804

millionProfit attributable to ownersof parent per share¥298.33¥815,850.89¥399,862.57

4. Post-merger Status
There will be no changes to the corporate name, address, position and name of representative, descriptionof business, paid-in capital, and fiscal year-end date resulting from the Merger.
5. Future Outlook
As the Merger is a merger with a wholly owned subsidiary, its impact on the Company’s consolidated
financial results will be minimal.

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