Sumitomo Heavy Industries Ltd - Company Profile
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Sumitomo Heavy Industries Ltd (SHI) is a manufacturer of industrial machinery. The company offers a range of products, which includes pumps, turbines, power transmission and control equipment, cryogenic equipment, precision positioning equipment, precision forgings, medical machines and equipment, material handling systems, logistics systems, pressure vessels, boilers, automated parking systems, water and sewage treatment systems, air pollution control equipment, process equipment and food processing machinery, among others. The company has research centers in Yokosuka and Niihama, and operates branch offices in Chubu, Kansai and Kyusyu in Japan. The company has operations in Japan, East Asia, Southeast Asia, Oceania, Europe, Latin America, and North America. SHI is headquartered in Shinagawa-ku, Tokyo, Japan.
Headquarters
Japan
Address
Thinkpark Tower, 2-1-1, Osaki, Shinagawa-Ku, Tokyo, 141-6025
Website
www.shi.co.jp
Telephone
81 3 67372000
No of Employees
25,211
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
6302 (TYO)
Revenue (2022)
$8.0B
14.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-25.7%
(2022 vs 2021)
Market Cap*
$3.8B
Net Profit Margin (2022)
XYZ
-35.1%
(2022 vs 2021)
* As of and is in US$
Sumitomo Heavy Industries Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Machinery Components: | Security Services |
| Power Transmission and Control Equipment | IT Solutions |
| Precision Machinery: | Non-destructive Inspections |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company in collaboration with Mitsui O.S.K. Lines and MOL Ship Management created a wall-climbing robot. |
| 2023 | Corporate Changes/Expansions | In December, the company established Sumitomo Heavy Industries (Europe) B.V. in the Netherlands. |
| 2023 | Contracts/Agreements | In December, the company secured a contract to deliver a biomass-fueled Circulating Fluidized Bed boiler to a combined heat and power plant project in South Korea. |
Competitor Comparison
| Key Parameters | Sumitomo Heavy Industries Ltd | Mitsubishi Heavy Industries Ltd | Komatsu Ltd | Liebherr-International AG | Kawasaki Heavy Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Switzerland | Japan |
| City | Shinagawa-Ku | Chiyoda-Ku | Minato-Ku | Bulle | Minato-ku |
| State/Province | Tokyo | Tokyo | Tokyo | Freiburg | Tokyo |
| No. of Employees | 25,211 | 76,859 | 64,343 | 51,321 | 38,254 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tetsuya Okamura | Chairman | Executive Board | 2022 | - |
| Shinji Shimomura | President; Director; Chief Executive Officer | Executive Board | 2019 | - |
| Eiji Kojima | Director; General Manager - Corporate Planning Group; General Manager - Export Administration Department; General Manager - Energy & Lifeline Segment; Executive Vice President | Executive Board | 2022 | - |
| Toshihiko Chijiiwa | Executive Vice President; Director; General Manager - Corporate Technology Management Group | Executive Board | - | - |
| Toshiro Watanabe | Senior Vice President; General Manager - Corporate Finance, Accounting & Administration Group; Director | Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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