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In 1967, when war broke out in the Middle East and the Suez Canal was closed, the world’s shippers wanted highly efficient super-sized ships. Further, Japan had arrived at a stage in its development where the building of social infrastructure was in full swing. Companies had to achieve a certain scale of operations and financing in order to undertake sufficient capital spending to meet the emerging demand. Against this backdrop, in 1969, SHI was formed through the merger of its two predecessors.
Today, SHI has built on technologies that it first cultivated operating the Besshi Copper Mine and applied them to numerous fields of industry. It continues to supply speed variators and speed reducers on a global scale; they are used in over 50 nations and sold at some 200 sales offices worldwide. SHI’s shipbuilding division has delivered over 1,200 ships to ply the world’s oceans, including conventional merchant ships, work ships, warships, and sailing ships.
Japan sought to import and also develop leading-edge technologies in its quest to modernize. Sumitomo Heavy Industries, as one company participating in this quest, has contributed to the growth of modern Japan through its efforts to grow and develop its business.
CORPORATE DATA As of September 30, 2002
| FOUNDED |
1888 |
| INCORPORATED |
1934 |
| PAID-IN CAPITAL |
 30.871 billion |
| NUMBER OF EMPLOYEES |
12,168(consolidated) 3,577(parent) |
HISTORIC MILESTONES
| 1888 |
Company established as a repair facility of Besshi Kogyosho |
| 1897 |
Uraga Dock Co., Ltd. was established |
| 1934 |
Sumitomo Kikai Seisaku was established |
| 1969 |
Sumitomo Machinery merged with Uraga Heavy Industries, establishing Sumitomo Heavy Industries, Ltd. |
| 1980 |
Developed compact cyclotron for medical diagnostics |
| 1991 |
The world’s first 95,000-ton double-hull tanker “OLYMPIC SERENITY” was delivered |
| 1994 |
Completed wastewater treatment facilities for the Kansai International Airport |
| 1995 |
The total number of injection molding machines that were shipped exceeded 20,000 |
| 1996 |
Delivered the world’s largest continuous ship unloader with a capacity of 3,330t/hour of ore or 2,200t/hour of coal |
| 1997 |
The first proton therapy system in Japan was delivered to the National Cancer Center |
| 1999 |
Delivered a coronagraphic imager with adaptive optics and cooled midinfrared camera and spectrometer for use in Subaru Telescope National Astronomical Observatory of Japan |
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Niihama Works
Today’s Niihama Works carries forward the traditions of Sumitomo Machinery. Its mainstays are materials-processing machinery such as used in the steel and paper industries and cargo-loading equipment for ports. In recent years, however, it has found new successes in medical equipment—manufacturing, for example, accelerators for PET diagnosis. |
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Independent power producer (IPP)
The market for water and sewage treatment systems and power generation systems demands differentiation based on R&D. This is a power plant for an independent power producer (IPP). |
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