Starting from this fiscal year (ending December 31, 2022), the financial year end is changed to December 31. This fiscal year (FY2022), which is a transition period, consists of nine months with regard to Sumitomo Heavy Industries and its subsidiaries in Japan (hereinafter referred to as "Domestic").
Orders: Global demand for machinery was in an upward trend and orders increased year-on-year in all segments.
Net sales: Increased because of the impact of yen depreciation but the increase was limited due to production constraints resulting from procurement difficulty, a difference in progress of construction work in the Energy & Lifelines segment, and other factors.
Operating profit: Although the depreciation of the yen positively affected operating profit, it decreased year-on-year due to price increases of raw materials and procured products,
reduced sales resulting from a difference in progress of construction work, declining profit margins and other factors.
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Sumitomo Heavy Industries Ltd. published this content on 11 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2022 06:11:06 UTC.
Sumitomo Heavy Industries, Ltd. specializes in the design, manufacturing and marketing of industrial and construction equipment. Net sales break down by family of products as follows:
- construction equipment (29.3%): hydraulic excavators, cranes, road machinery, etc.;
- precision machinery (20.8%): molding machines by injection, electric injection molding machines, medical use cyclotrons, etc.;
- equipment for environment protection (19.8%): energy generators, industrial wastewater processing systems, air pollution control units, etc.;
- machinery components (14.4%): power transmission and control systems (gears, power inverters, geared motors, gearboxes, etc.), motors, mechanical coupling systems, etc.;
- industrial equipment (11%): handling systems, logistic equipment, gas turbines, pumps, etc.;
- ships (4%);
- other (0.7%).
SUMITOMO HEAVY INDUSTRIES, LTD. 
