Full-Scale Entry into Private Clinic Business in Fast-Growing Southeast Asia

Sumitomo Corporation (Headquarters: Chiyoda-ku, Tokyo, President & CEO: Shingo Ueno) will make a full-scale entry into the fast-growing private clinic business in Southeast Asia through investment in CareClinics Healthcare Services (hereinafter referred to as “CCHS”), which operates private medical clinics in Malaysia.

CCHS is a private medical group operating 104 clinics in Malaysia. It has a total of approximately two million patients per year and provides community-based primary care services.*1 Sumitomo Corporation first invested in CCHS in 2020 to…