- CEO
- Toshiro Watanabe
- Full Time Employees
- 25,337
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- ThinkPark Tower Tokyo Japan 141-6025
- IPO Date
- Jul 27, 2011
- Business
- Sumitomo Heavy Industries, Ltd. (SHI) manufactures a broad range of heavy machinery and industrial equipment as an integrated producer serving multiple sectors worldwide. The company operates through key segments including Mechatronics, which supplies power transmissions, motors, inverters, laser processing systems, precision positioning devices and control components; Industrial Machinery, encompassing plastic processing machinery such as injection molding and film forming machines, cryogenic freezers, semiconductor production equipment, ion accelerators, medical machinery, forging presses, machining tools and defense equipment; Logistics & Construction, providing hydraulic excavators, mobile cranes, road machinery, material handling systems, logistics systems, automated parking systems and forklifts; and Energy & Lifelines, offering boilers, air pollution control equipment, water and sewage treatment systems, industrial turbines, pumps, pressure vessels, mixing vessels, food processing machinery and ships; alongside other operations in IT solutions, security services, bridges, steel structures and wind foundations. Founded in 1888 and headquartered at ThinkPark Tower in Shinagawa-ku, Tokyo, Japan, SHI maintains global operations across North America, Europe, Southeast Asia, China, Indonesia, India and other regions, with consolidated employees numbering 25,337 and net sales of 1,071.1 billion yen in fiscal year 2024. Recent strategic developments include the January 2025 acquisition of Laser Systems & Solutions of Europe SASU (LASSE), a French specialist in laser annealing equipment for semiconductors, enhancing SHI's position in power semiconductor manufacturing for electric vehicles and renewable energy amid its Medium-Term Management Plan 2026; integration of its laser business with wholly owned subsidiary Sumitomo Heavy Industries Ion Technology Co. in November 2024; establishment of Sumitomo Heavy Industries (India) Private Limited as a regional head office in Bengaluru in July 2024; and a service alliance with RIX Industries to expand access to gas compression technologies for maritime applications.