Sumitomo Heavy Industries, Ltd.

Sumitomo Heavy Industries, Ltd.

Native name	住友重機械工業株式会社
Type	Public KK
Traded as	: Nikkei 225 Component
Industry	Machinery
Founded	(November 20, 1888; 129 years ago (1888-11-20))
Headquarters	ThinkPark Tower, 2-1-1 Osaki, Shinagawa-ku, Tokyo, 141-6025 Japan
Area served	Global
Key people	Shunsuke Betsukawa (President and CEO)
Products	Heavy machinery Shipbuilding Mass-production machinery Environmental equipment Food machinery Medical systems Plastics machinery Road machinery Construction machinery
Revenue	$ 6.02 billion (FY 2014) (¥ 615.2 billion) (FY 2014)
Net income	$ 175.3 million (FY 2014) (¥ 17.89 billion) (FY 2014)
Number of employees	17,941 (consolidated as of March 31, 2014)
Website	Sumitomo Heavy Industries
Footnotes / references

$ 6.02 billion (FY 2014)

$ 175.3 million (FY 2014)

Sumitomo Heavy Industries, Ltd. (住友重機械工業株式会社, Sumitomo Jūkikai Kōgyō Kabushiki-gaisha) (SHI) is an integrated manufacturer of industrial machinery, automatic weaponry, ships, bridges and steel structure, equipment for environmental protection, including recycling, power transmission equipment, plastic molding machines, laser processing systems, particle accelerators, material handling systems, cancer diagnostic and treatment equipment and others.

In 1888, a company was formed to provide equipment repair services to the Besshi copper mine. Almost 50 years later, in 1934, the company incorporated as Sumitomo Machinery Co., Ltd. to manufacture machinery for the steel and transportation industries in support of that period of rapid economic growth.

In 1969, Sumitomo Machinery Co., Ltd. merged with Uraga Heavy Industries Co., Ltd. to create Sumitomo Heavy Industries, Ltd. The company continues to innovate and expand to meet the demands of the new market frontiers. Today, Sumitomo Heavy Industries manufactures injection molding machines, laser systems, semiconductor machinery and liquid crystal production machinery.