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Sumitomo Heavy Makes Executive, Personnel Changes
Plastic Injection Molding Machine Market Forecast Report 2024-2030, With Profiles of Haitian, Sumitomo Heavy Industries, The Japan Steel Works, Chen Hsong, Hillenbrand, Engel, Arburg, Dongshin and More
Regarding the recommendation from the Fair Trade Commission to our group company.
On November 21, 2024, a tweet: Sumitomo Machinery Highmatex Co., Ltd., a group company of our company (Headquarters: Imabari City, Ehime Prefecture, President: Keiaki Kido, a wholly owned subsidiary of Sumitomo Machinery Industries, Ltd., hereinafter referred to as 'Sumitomo Machinery Highmatex'), has received a recommendation from the Fair Trade Commission based on the Subcontract Act for delayed payment of subcontractor fees. We deeply apologize for any inconvenience and concern caused to our customers and other stakeholders.
Jefferies Adjusts Sumitomo Heavy Industries' Price Target to 3,000 Yen From 3,700 Yen, Keeps at Hold
Japan Machinery Orders Decline 2.9% in September
Integration of the laser equipment business and the ion implantation equipment business to strengthen the semiconductor business.
On November 15, 2024, Sumitomo Heavy Industries, Ltd. (Headquarters: Shinagawa, Tokyo, President: Shinji Shimomura, hereinafter referred to as "the Company") will integrate the laser equipment business of its Mechatronics Division with the ion implantation equipment business of Sumitomo Heavy Industries Ion Technology, Ltd. (Headquarters: Shinagawa, Tokyo, President: Mitsukuni Tsukihara, 100% funded by Sumitomo Heavy Industries, hereinafter referred to as "SMIT"), starting operation on January 1, 2025.
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