Sumitomo Heavy Industries Ltd operates in the Construction machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sumitomo Heavy Industries Ltd with three other
construction and mining equipment manufacturers in Asia:
Doosan Infracore Company Limited
of South Korea
sales of 6.57 trillion Korean Won [US$6.12 billion]
of which 62%
was Compact Equipment),
Hitachi Construction Machinery Co Ltd
(753.95 billion Japanese Yen [US$7.00 billion]
of which 99%
was Construction Machinery Business), and
Sany Heavy Industry Co Ltd
based in China
(38.34 billion Chinese Renmimbi [US$6.09 billion]
of which 36%
was Excavating machinery).
Sumitomo Heavy Industries Ltd reported sales of ¥674.33 billion (US$6.26 billion)
March of 2017.
decrease of 3.8%
versus 2016, when the company's sales were ¥700.84 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Sumitomo Heavy Industries Ltd had sales
of ¥624.10 billion.
Contributing to the drop in overall sales was the 18.1% decline
in Other, from ¥10.13 billion to ¥8.29 billion.
There were also decreases in sales in
Construction Machinery (down 9.6% to ¥182.50 billion)
Precision Machinery Business (down 5.7% to ¥145.75 billion)
Environment and Plant (down 1.9% to ¥107.61 billion)
Machinery Component (down 8.3% to ¥98.65 billion)
However, these declines were partially offset by the increase in sales of
Industrial Machinery (up 12.5% to ¥98.91 billion)
Ship (up 12.6% to ¥32.61 billion)