Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: JP¥119 (vs JP¥49.13 in 2Q 2025) Second quarter 2026 results: EPS: JP¥119 (up from JP¥49.13 in 2Q 2025). Revenue: JP¥298.6b (up 18% from 2Q 2025). Net income: JP¥14.1b (up 139% from 2Q 2025). Profit margin: 4.7% (up from 2.3% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Machinery industry in Germany. New Risk • Jun 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (220% cash payout ratio). Share price has been volatile over the past 3 months (8.2% average weekly change). Upcoming Dividend • Jun 22
Upcoming dividend of JP¥70.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 01 September 2026. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €32.32, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Machinery industry in Germany. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.66 per share. Declared Dividend • May 20
Dividend of JP¥70.00 announced Shareholders will receive a dividend of JP¥70.00. Ex-date: 29th June 2026 Payment date: 1st September 2026 Dividend yield will be 270%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (220% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 21
Sumitomo Heavy Industries, Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Sumitomo Heavy Industries, Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 09
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2025 Results on Feb 10, 2026 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2025 results on Feb 10, 2026 Announcement • Feb 14
Sumitomo Heavy Industries, Ltd., Annual General Meeting, Mar 28, 2025 Sumitomo Heavy Industries, Ltd., Annual General Meeting, Mar 28, 2025. Announcement • Dec 03
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2024 Results on Feb 14, 2025 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2024 results on Feb 14, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: JP¥6.56 (vs JP¥12.88 loss in 3Q 2023) Third quarter 2024 results: EPS: JP¥6.56 (up from JP¥12.88 loss in 3Q 2023). Revenue: JP¥251.7b (down 19% from 3Q 2023). Net income: JP¥788.0m (up JP¥2.37b from 3Q 2023). Profit margin: 0.3% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. Announcement • Oct 17
Sumitomo Heavy Industries, Ltd. (TSE:6302) has entered into a share purchase agreement to acquire Laser Systems & Solutions of Europe SASU from SCREEN Semiconductor Solutions Co., Ltd. Sumitomo Heavy Industries, Ltd. (TSE:6302) has entered into a share purchase agreement to acquire Laser Systems & Solutions of Europe SASU from SCREEN Semiconductor Solutions Co., Ltd. on October 16, 2024. As a part of acquisition, the management resources of both LASSE and SHI, we will expand our business range globally and contribute to the growth of the semiconductor industry. The transfer of shares from SCREEN SPE to SHI is scheduled for November 2024. Declared Dividend • Aug 09
First half dividend of JP¥65.00 announced Shareholders will receive a dividend of JP¥65.00. Ex-date: 27th December 2024 Payment date: 31st March 2025 Dividend yield will be 317%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but not covered by cash flows (114% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 08
Second quarter 2024 earnings released Second quarter 2024 results: EPS: JP¥81.96. Net income: JP¥9.91b (up JP¥9.91b from 2Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year. Announcement • Aug 07
Sumitomo Heavy Industries, Ltd. Announces Dividend for the Second Quarter Ended June 30, 2024, Payable on September 2, 2024 Sumitomo Heavy Industries, Ltd. announced dividend for the second quarter ended June 30, 2024 of JPY 60.00 per share compared to JPY 60.00 per share a year ago. Scheduled date of payment of cash dividends is September 2, 2024. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €19.80, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Machinery industry in Germany. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.31 per share. Buy Or Sell Opportunity • Aug 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to €22.40. The fair value is estimated to be €28.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • Apr 28
First quarter 2024 earnings released First quarter 2024 results: EPS: JP¥111. Net income: JP¥13.6b (up JP¥13.6b from 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Declared Dividend • Apr 11
Final dividend of JP¥60.00 announced Shareholders will receive a dividend of JP¥60.00. Ex-date: 27th June 2024 Payment date: 2nd September 2024 Dividend yield will be 220%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (191% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 112% to bring the payout ratio under control. EPS is expected to grow by 46% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: JP¥267 (vs JP¥62.93 in FY 2022) Full year 2023 results: EPS: JP¥267 (up from JP¥62.93 in FY 2022). Revenue: JP¥1.08t (down 5.0% from FY 2022). Net income: JP¥32.7b (up 325% from FY 2022). Profit margin: 3.0% (up from 0.7% in FY 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Feb 15
Sumitomo Heavy Industries, Ltd. (TSE:6302) announces an Equity Buyback for 4,000,000 shares, representing 3.26% for ¥10,000 million. Sumitomo Heavy Industries, Ltd. (TSE:6302) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.26% of its issued share capital (excluding treasury stock), for a total purchase price of ¥10,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency. The program will continue through October 31, 2024. As of January 31, 2024, the company has 122,554,516 issued shares (excluding treasury stock) and 350,965 treasury shares. Announcement • Feb 14
Sumitomo Heavy Industries, Ltd., Annual General Meeting, Mar 28, 2024 Sumitomo Heavy Industries, Ltd., Annual General Meeting, Mar 28, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥60.00 per share at 3.3% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%). Announcement • Dec 05
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Announcement • Nov 29
Sumitomo Heavy Industries, Ltd. Announces Management Changes Sumitomo Heavy Industries, Ltd. announced the following organizational changes and transfers of executive officers and others personnel that were resolved at a board meeting held on November 29, 2023. Transfers of Executive Officers and Others (effective January 1, 2024): Eiji Kojima: Post(s) Retained: Representative Director, Executive Vice President, General Manager of Export Administration Department, General Manager ofEnergy & Lifeline Segment; Former Post(s): General Manager of Corporate Planning Group; New Post(s): Assisting the President & CEO in all aspects of operations. Toshiro Watanabe: Post(s) Retained: Director; Former Post(s): Senior Vice President General Manager of Corporate Finance, Accounting & Administration Group; New Post(s): Executive Vice President & CFO. Tatsuro Araki: Post(s) Retained: Director, General Manager of Power Transmission & Controls Group; Former Post(s): Senior Vice President; New Post(s): Executive Vice President. Toshiharu Tanaka: Post(s) Retained: Executive Vice President, General Manager of Globalization Department; New Post(s): General Manager of Corporate Economic Security Department. Shaun Dean: Post(s) Retained: Senior Vice President Assisting the President & CEO in European operations Assisting the General Manager in all aspects of Power Transmission & Controls Group; New Post(s): Sumitomo Heavy Industries (Europe) B.V. Managing Director. Isamu Mitsuhashi: Post(s) Retained: Vice President; Former Post(s): Director of Sumitomo Construction Machinery Co., Ltd. Director of Sumitomo Construction Machinery Sales Co., Ltd.; New Post(s): Representative Director, President & CEO of Sumitomo Construction Machinery Co., Ltd. Representative Director, President & CEO of Sumitomo Construction Machinery Sales Co., Ltd. Hiroyuki Tominaga: Post(s) Retained: General Manager of Industrial Equipment Division; New Post(s): Vice President. Masaki Arai: Former Post(s): Leader of Corporate Planning Department, Corporate Planning Group; New Post(s): Vice President General Manager of Corporate Planning Group. Yasunobu Kazumi: Former Post(s): Senior Vice President Representative Director, President & CEO of Sumitomo Construction Machinery Co., Ltd. Representative Director, President & CEO of Sumitomo Construction Machinery Sales Co., Ltd.; New Post(s): Full-time Adviser Representative Director & Chairman of the Board of Sumitomo Construction Machinery Co., Ltd. Kazuhisa Ishida: Former Post(s): Director of Sumitomo Heavy Industries Construction Cranes Co., Ltd.; New Post(s): Representative Director, President & CEO of Sumitomo Heavy Industries Construction Cranes Co., Ltd. Arata Ishimaru: Former Post(s): Leader of Corporate Administration Department, Corporate Finance, Accounting & Administration Group; New Post(s): General Manager of Corporate Finance, Accounting & Administration Group. Junichi Kasahara: Former Post(s): Leader of General Administration Department, General Administration Group; New Post(s): General Manager of General Administration Group. Effective in late March 2024: External director scheduled to retire: Hideo Kojima, currently External Director. Board Change • Mar 01
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Akio Hamaji was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Feb 14
Sumitomo Heavy Industries, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023 Sumitomo Heavy Industries, Ltd. provided consolidated earnings guidance for the Fiscal Year Ending December 31, 2023. For the period, the company expects net sales to be JPY 1,050,000 million, operating profit to be JPY 64,000 million, profit attributable to owners of the parent to be JPY 38,000 million and profit attributable to owners of parent ratio to be JPY 310.21. Announcement • Feb 01
Sumitomo Heavy Industries, Ltd. Revises Earnings Guidance for the Full Year Ended December 31, 2022 Sumitomo Heavy Industries, Ltd. revises earnings guidance for the full year ended December 31, 2022. The company now expects Sales of JPY 854,000 million, Operating profit of JPY 44,000 million, Net profit attributable to owners of parent of JPY 5,000 or JPY 40.82 against previous forecast of Sales of JPY 870,000 million, Operating profit of JPY 43,000 million, Net profit attributable to owners of parent of JPY 26,000 or JPY 212.25. Announcement • Jan 18
Pengbo (Hainan) Medical Technology Co., Ltd. agreed to acquire BNCT Parts of SHI from Sumitomo Heavy Industries, Ltd. (TSE:6302) for JPY 436 million. Pengbo (Hainan) Medical Technology Co., Ltd. agreed to acquire BNCT Parts of SHI from Sumitomo Heavy Industries, Ltd. (TSE:6302) for JPY436 million on January 17, 2023. The initial consideration for the sale and purchase of the BNCT Parts shall be JPY 436 million which was arrived at after arm’s length negotiations between Pengbo (Hainan) and SHI with reference to the prevailing market price of other comparable equipment. SHI shall make delivery of the BNCT Parts on or before either (i) twenty-eight (28) months from the date of the Sales Contract; or (ii) 31 December 2024, whichever is earlier. Announcement • Dec 06
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2022 Results on Feb 13, 2023 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2022 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: JP¥70.95 (vs JP¥69.00 in 2Q 2022) Second quarter 2023 results: EPS: JP¥70.95 (up from JP¥69.00 in 2Q 2022). Revenue: JP¥262.4b (up 14% from 2Q 2022). Net income: JP¥8.69b (up 2.8% from 2Q 2022). Profit margin: 3.3% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 6 years, compared to a 3.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Akio Hamaji was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: JP¥77.56 (vs JP¥69.00 in 2Q 2022) Second quarter 2023 results: EPS: JP¥77.56 (up from JP¥69.00 in 2Q 2022). Revenue: JP¥288.3b (up 26% from 2Q 2022). Net income: JP¥9.50b (up 12% from 2Q 2022). Profit margin: 3.3% (down from 3.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.8% p.a. on average during the next 6 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (5.1%). In line with average of industry peers (3.2%). Announcement • Aug 28
Sumitomo Heavy Industries, Ltd. to Report Q2, 2022 Results on Nov 11, 2022 Sumitomo Heavy Industries, Ltd. announced that they will report Q2, 2022 results on Nov 11, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥84.17 (vs JP¥75.59 in 1Q 2022) First quarter 2023 results: EPS: JP¥84.17 (up from JP¥75.59 in 1Q 2022). Revenue: JP¥314.2b (up 45% from 1Q 2022). Net income: JP¥10.3b (up 11% from 1Q 2022). Profit margin: 3.3% (down from 4.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 9.2% compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • May 29
Sumitomo Heavy Industries, Ltd. to Report Q1, 2023 Results on Aug 05, 2022 Sumitomo Heavy Industries, Ltd. announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: JP¥360 (vs JP¥218 in FY 2021) Full year 2022 results: EPS: JP¥360 (up from JP¥218 in FY 2021). Revenue: JP¥944.0b (up 11% from FY 2021). Net income: JP¥44.1b (up 65% from FY 2021). Profit margin: 4.7% (up from 3.2% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 3.9% compared to a 9.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 11% per year. Announcement • May 10
Sumitomo Heavy Industries, Ltd. Proposes Dividend for the Fiscal Year Ended March 31, 2022, Effective date is June 30, 2022 On May 10, 2022, the Board of Directors of Sumitomo Heavy Industries, Ltd. passed a resolution to distribute dividends from surplus with a date of record of March 31, 2022. Details of the dividends are: This matter will be submitted to the 126th Ordinary General Meeting of Shareholders to be held on June 29, 2022. Record date is March 31, 2022. Year-end dividend per share is JPY 80.00. Effective date is June 30, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent External Director Akio Hamaji was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 08
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2022 Results on May 10, 2022 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2022 results on May 10, 2022 Buying Opportunity • Apr 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €25.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 6.9% per annum over the same time period. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥55.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (1.9%). Buying Opportunity • Feb 22
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be JP¥26.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 14% per annum over the last 3 years. Reported Earnings • Feb 01
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: JP¥86.49 (up from JP¥79.74 in 3Q 2021). Revenue: JP¥235.1b (up 13% from 3Q 2021). Net income: JP¥10.6b (up 8.5% from 3Q 2021). Profit margin: 4.5% (down from 4.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.8%. Over the next year, revenue is forecast to grow 2.0%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 30
Second quarter 2022 earnings released: EPS JP¥69.00 (vs JP¥67.45 in 2Q 2021) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2022 results: Revenue: JP¥229.8b (up 8.9% from 2Q 2021). Net income: JP¥8.45b (up 2.3% from 2Q 2021). Profit margin: 3.7% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.0%). Reported Earnings • Aug 01
First quarter 2022 earnings released: EPS JP¥75.59 (vs JP¥21.25 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥216.3b (up 20% from 1Q 2021). Net income: JP¥9.26b (up 256% from 1Q 2021). Profit margin: 4.3% (up from 1.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 12
Full year 2021 earnings released: EPS JP¥218 (vs JP¥268 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥849.1b (down 1.8% from FY 2020). Net income: JP¥26.8b (down 18% from FY 2020). Profit margin: 3.2% (down from 3.8% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Mar 24
Upcoming dividend of JP¥45.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 June 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%). Announcement • Mar 20
Sumitomo Heavy Industries, Co. Ltd Releases Product Showcase with Unique Air Pressure Technology Sumitomo Heavy Industries Co. Ltd. has released product showcase with unique air pressure technology, “Vacuum Air Servo”, which enables positioning at a nano level. It has overcome the conventional motor technology. The below shows the product deployment with actual practices. Product Deployment with highlighted features: 1. Vacuum Air Servo Stage CA-230 (1) High vacuum, (2) Nonmagnetic, (3) Non-heat-generating, (4) Nano-level positioning, (5) High-speed stability, (6) High repeatability. 2. Airsonic: (1) Compact, with linearity and rotation capabilities in one unit, (2) Higher productivity: seamless positioning/load control switching, (3) Delicate control after contact. Announcement • Mar 04
Sumitomo Heavy Industries, Ltd. to Report Fiscal Year 2021 Results on May 10, 2021 Sumitomo Heavy Industries, Ltd. announced that they will report fiscal year 2021 results on May 10, 2021 Announcement • Feb 26
Sumitomo Heavy Industries, Ltd. Appoints Management Team Sumitomo Heavy Industries, Ltd. at its board meeting held on February 25, 2021 appointed following officers. Tetsuya Okamura as Chief Information Officer. Eiji Kojima as Executive Vice President General Manager of Corporate Planning Group. Kazuo Hiraoka as General Manager of Precision Equipment Group. Taiji Tsuchiya as Executive Vice President General Manager of Power Transmission & Controls Group. Hiroo Morita as Regional General Manager
of Kansai Office. Morihiro Kondo as General Manager of Plastic Machinery Division. Tatsuro Araki as Senior Vice President. Mitsukuni Tsukihara and Takanori Nagai as Vice Presidents. Yoichi Kato as General Manager of Energy & Environment Group. Kouki Nagai as General Manager of Defense Systems Group. Haruhiko Tsuzuki and Shigeo Kondo as Representative Directors. Is New 90 Day High Low • Feb 08
New 90-day high: €25.00 The company is up 23% from its price of €20.40 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.62 per share. Reported Earnings • Jan 30
Third quarter 2021 earnings released: EPS JP¥79.74 (vs JP¥52.48 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥208.2b (up 3.6% from 3Q 2020). Net income: JP¥9.77b (up 52% from 3Q 2020). Profit margin: 4.7% (up from 3.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 7.5%. Over the next year, revenue is expected to shrink by 2.6% compared to a 4.9% growth forecast for the Machinery industry in Germany. Announcement • Jan 29
Sumitomo Heavy Industries, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2021 Sumitomo Heavy Industries, Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2021. For the year, the company now expects net sales to be JPY 850,000 million, operating profit to be JPY 46,000 million, profit attributable to owners of parent to be JPY 22,000 million and profit per share to be JPY 179.00 against net sales of JPY 810,000 million, operating profit of JPY 36,000 million, profit attributable to owners of parent of JPY 16,000 million and profit per share of JPY 130.18. Is New 90 Day High Low • Jan 08
New 90-day high: €21.60 The company is up 11% from its price of €19.40 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.41 per share. Is New 90 Day High Low • Nov 30
New 90-day low: €17.80 The company is down 4.0% from its price of €18.50 on 01 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.74 per share. Announcement • Nov 29
Sumitomo Heavy Industries, Ltd. to Report Q3, 2021 Results on Jan 29, 2021 Sumitomo Heavy Industries, Ltd. announced that they will report Q3, 2021 results on Jan 29, 2021 Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS JP¥67.45 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥211.0b (down 4.3% from 2Q 2020). Net income: JP¥8.26b (up 9.7% from 2Q 2020). Profit margin: 3.9% (up from 3.4% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Nov 03
Revenue beats expectations Revenue exceeded analyst estimates by 8.2%. Over the next year, revenue is forecast to decline by -3.2% while the growth in Machinery industry in Germany is expected to stay flat. Reported Earnings • Nov 01
First half earnings released Over the last 12 months the company has reported total profits of JP¥27.2b, down 33% from the prior year. Total revenue was JP¥831.5b over the last 12 months, down 8.0% from the prior year. Announcement • Oct 10
Sumitomo Heavy Industries, Ltd. to Report Q2, 2021 Results on Oct 30, 2020 Sumitomo Heavy Industries, Ltd. announced that they will report Q2, 2021 results on Oct 30, 2020 Announcement • Aug 28
Sumitomo Heavy Industries, Ltd. Provides Dividend Guidance for the Second Quarter End and Year End of Fiscal Year Ending March 31, 2021 Sumitomo Heavy Industries, Ltd. provided dividend guidance for the second quarter end and year end of fiscal year ending March 31, 2021. For the second quarter end, the company expects to pay dividend of JPY 9.00 per shared compared to JPY 56.00 per share paid a year ago.
For the year end of fiscal year ending March 31, 2021, the company expects to pay dividend of JPY 10.00 per share compared to JPY 35.00 per share paid a year ago. Announcement • Aug 03
Sumitomo Heavy Industries, Ltd. Announces Difficulty in Making Reasonable Estimate for the Fiscal Year Ending March 31, 2021 Sumitomo Heavy Industries, Ltd. announced that With regard to forecasts for consolidated results for the fiscal year ending March 31, 2021, due to the impact of the global COVID-19 pandemic, it currently have difficulty in making a reasonable estimate of such results and therefore the forecasts remain undetermined. It will promptly disclose the forecasts when it becomes possible to calculate them. 
