Two 100% subsidiaries will be merged through an absorption merger to consolidate management resources into our company. The surviving company will be Sumitomo Heavy Industries, Ltd., with the scheduled merger date on January 1, 2027. The merger will be a simplified and streamlined merger between subsidiaries with 100% ownership, with no issuance of new shares and no changes to the surviving company’s trade name, address, or representatives.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6302","jir_company_name":"Sumitomo Heavy Industries, Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/6302-20260629-01.pdf","jir_short_summary":"Two 100% subsidiaries will be merged through an absorption merger to consolidate management resources into our company. The surviving company will be Sumitomo Heavy Industries, Ltd., with the scheduled merger date on January 1, 2027. The merger will be a simplified and streamlined merger between subsidiaries with 100% ownership, with no issuance of new shares and no changes to the surviving company's trade name, address, or representatives.","jir_summary":"### Overview of Business and Organizational Restructuring\nAt today's Board of Directors meeting, it was resolved to execute an absorption merger of Sumitomo Heavy Equipment Conveyance Systems Co., Ltd. and Sumitomo Heavy Machinery Construction Equipment & Crane Co., Ltd. effective January 1, 2027, integrating their businesses into a newly established Crane SBU (provisional name) within our company. Since this is a simplified and streamlined merger, it does not require shareholder approval.\n\n### Financial Impact and Future Outlook\nAs this is an absorption merger between consolidated subsidiaries, there is no impact on our consolidated financial performance. The purpose is to consolidate management resources through the new SBU, aiming to strengthen profitability and business competitiveness.","jir_financial_highlights":"Merger Schedule: January 1, 2027 (Unknown)\nShare Issuance and Cash Transactions: No issuance of new shares or cash transactions (Unknown)\nTarget Companies: Sumitomo Heavy Equipment Conveyance Systems Co., Ltd. and Sumitomo Heavy Machinery Construction Equipment & Crane Co., Ltd. (Unknown)","jir_category":"","jir_hashtags":"#SumitomoHeavyIndustries, #CorporateRestructuring, #IR","jir_key_figures":"Scheduled Merger Date: January 1, 2027\nNo issuance of new shares or cash transactions\nTarget Business: Integration of Conveyance Systems and Construction Machinery Cranes","jir_meta_title":"\u3010Sumitomo Heavy Industries, Ltd.\u3011Notice of Absorption Merger of Consolidated Subsidiaries\uff5c2027\u5e741\u67081\u65e5","jir_meta_description":"Sumitomo Heavy Industries, Ltd. will merge two consolidated subsidiaries to focus management resources. The merger is a simplified process with no issuance of new shares. Key points include future impacts and schedule.","jir_og_title":"\u3010Sumitomo Heavy Industries\u3011Notice of Absorption Merger of Consolidated Subsidiaries","jir_og_description":"Merger of two 100% subsidiaries to consolidate management resources. Explains merger date and procedures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7856,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-72069","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n