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Sumitomo Heavy Industries, Ltd.
CONSOLIDATED FINANCIAL REPORT
For the Three-Month Period from January 1 to March 31, 2025
All financial information has been prepared in accordance with generally accepted accounting principles in Japan. This document
has been translated from the Japanese original as a guide to non-Japanese investors, and contains forward-looking statements
that are based on management's estimates, assumptions, and projections at the time of publication. A number of factors could
cause actual results to differ materially from expectations. Amounts shown in this financial statement have been rounded to the
nearest million yen.

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
Summary of Consolidated Financial Results
For the Three-Month Period from January 1 to March 31, 2025
Presented April 28, 2025
Sumitomo Heavy Industries, Ltd.
Listed exchanges
Tokyo Stock Exchange
Stock code
6302
Head office
Tokyo
President
Shinji Shimomura
URL
www.shi.co.jp
Yoshitaka Shimamura
Inquiries
General Manager, Corporate Communications Dept.
Telephone
+81 3 6737 2332
Scheduled date of payment of cash
dividends
Availability of supplementary explanatory
Yes
materials for financial statement
Holding of meeting to explain financial
Yes
statement
1. FY2025 First Quarter Consolidated Results (January 1, 2025 to March 31, 2025)
(1) Business Results
(Units: millions of yen)
First Quarter
First Quarter
January 1 to March 31, 2025 January 1 to March 31, 2024
% change
% change
Net sales
241,536
(5.2)
254,811
2.6
Operating profit
11,182 (39.3)
18,434 14.1
Ordinary profit
10,050
(46.4)
18,766 14.7
Profit attributable to owners of parent
6,495 (52.2)
13,599 25.8
Profit attributable to owners of parent ratio (yen)
54.04
Fully diluted profit attributable to owners of parent ratio
111.13
Note 1: Comprehensive income:
Fiscal quarter ended March 31, 2025: (9,394) million yen, (- %)
Fiscal quarter ended March 31, 2024: 30,600 million yen, (86.2 %)
2

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
(2) Financial Position
(Units: millions ofy yen)
End of First Quarter
End of Previous Full Year
As of March: 31, 2025
December 31, 2024
Total assets
1,252,691
1,260,242
Total net assets
629,127
646,418
Equity ratio (%)
49.8
50.8
Reference: Equity:
Fiscal quarter ended March 31, 2025:
623,545 million yen
Fiscal year ended December 31, 2024: 640,681 million yen
2. Dividends
(Unit: yen)
Year Ended
Year Ending
Year Ending
December 31, 2024
December 31, 2025
December 31, 2025
(forecast)
Annual dividends per share
First quarter
Second quarter
60.00
60.00
Third quarter
End of term
65.00
65.00
Annual dividends
125.00
125.00
Note: Changes from the most recent dividend forecast: No
3. FY2025 Consolidated Forecasts (January 1, 2025 to December 31, 2025)
(Units: millions of yen)
Full Year
January 1, 20251 to
December 31, 2025
% change
Net sales
1,090,000
1.8
Operating profit
60,000
8.9
Ordinary profit
53,000
7.8
Profit attributable to owners of parent
28,000
262.6
Profit attributable to owners of parent ratio (yen)
232.98
Note: Changes from the most recent dividend forecast: No
3

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
Additional Notes
(1) Significant changes in the scope of consolidation during
the three months ended March 31, 2025:
None
Newly consolidated:
Excluded from consolidation:
(2) Special accounting measures applied in the quarterly consolidated financial report: Yes
(3) Changes to accounting policies, changes to accounting estimates, and retrospective restatements
(i) Changes to accounting policies due to revisions to accounting standards:
Yes
(ii) Changes to accounting policies not otherwise stated in (i):
None
(iil) Changes to accounting estimates:
None
(iv) Retrospective restatements:
None
(4) Number of shares issued (share capital)
() Number of shares issued at end of fiscal period (including treasury shares):
As ofl March 31, 2025
122,905,481 shares
As of December 31, 2024 122,905,481 shares
(ii) Number of treasury shares at end of fiscal period:
As ofl March 31, 2025
2,720,126 shares
As of December 31, 2024 2,725,562 shares
(ii) Average number of shares during fiscal period (cumulative quarterly period):
As ofl March 31, 2025
120,183,482 shares
As of March 31, 2024
122,373,007 shares
*Treasury stock that is deducted to calculate the number of term-end treasury stock and the average number of
shares during the fiscal period includes shares of the Company held in the trust account related to the share delivery
trust established for the stock compensation plan for directors and others.
*Review of the attached quarterly consolidated financial statements
by a Certified Public Accountant or an Independent Auditor:
None
Explanation on the proper use of earnings forecasts, and other special remarks
Earnings and outlooks concerning future financial results are believed to be reasonable based on information available at
the time of publication. Actual financial results may vary from the above forecast and outlook due to a variety of factors. For
information on the assumptions that form the basis of the earnings forecast and items to note concerning the use of
earnings forecasts, please refer to the Explanation of the Consolidated Earnings Forecast and Other Forward-Looking
Estimates in the Supplementary Materials section beginning on page 8.
4

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
Supplementary Materials = Table of Contents
I. Summary of Operating Performance.
6
1. Summary of Operating Performance for the Quarterly Consolidated Cumulative Period
Under Review
6
2. Summary of Financial Condition for the Quarterly Consolidated Cumulative Period Under Review : 8
3. Explanation of the Consolidated Earnings Forecast and Other Forward-Looking Estimates
8
II. Quarterly Consolidated Financial Statements and Key Explanatory Notes.
9
1. Quarterly Consolidated Balance Sheets
9
2. Quarterly Consolidated Income Statements and Quarterly Consolidated Statement of Comprehensive
Income.
11
Quarterly Consolidated Income Statements
11
Quarterly Consolidated Statement of Comprehensive Income
12
3. Consolidated Cash Flows Statement
13
4. Items of Special Note Concerning the Quarterly Consolidated Financial Statements
14
(Significant Events or Conditions that Question the Premise of a Going Concern)
14
(Application of Accounting Procedures Specific to Preparation of Quarterly Consolidated Financial
Statements)
14
(Changes to Accounting Policies)
14
(Notes regarding Significant Fluctuations to Shareholders' Equity)
14
(Notes on Segment Information, etc.)
15
(Subsequent Events of Significant Importance)
17
III. Supplemental Information
18
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
I. Summary of Operating Performance
1. Summary of Operating Performance for the Quarterly Consolidated Cumulative
Period Under Review
Regarding the economic environment surrounding the Group for the first quarter under review, in Japan, capital investment
and exports were on a gradual recovery trend, while the recovery of the semiconductor market continued to show signs of
hesitancy. Turning to overseas regions, uncertainty surrounding the United States increased due to its trade policy, but
recent economic conditions there remained robust. In Europe, economic weakness persisted, particularly in Germany, while
in China, the slowdown continued as the impact of its domestic demand-stimulating policies remained limited.
In this business environment, according to the Medium-Term Management Plan 2026," the Group aimed to increase
corporate value in a sustainable manner by solving social issues through products and services. Also, we moved forward
with measures, such as expanding contributions to SDGS and strengthening initiatives for reducing negative environmental
impacts, as well as improving our earning capacity and capital efficiency and strengthening our efforts to explore new
businesses to develop a robust entity.
As a result, the Group's orders came to JPY260.2 billion (up 18% year on year), while sales amounted to JPY241.5 billion
(down 5% year on year). In terms of profitability, the Group posted operating profit of JPY11.2 billion (down 39% year on
year), ordinary profit of JPY10.0 billion (down 46% year on year) and profit attributable to owners of parent came to JPY6.5
billion (down 52% year on year).
The situation by segment is described below.
In addition, starting in the current consolidated fiscal year, we have decided to reconfigure businesses across segments to
streamline segment management and promote synergies. Specifically, we have reallocated the laser systems business in
the Mechatronics segment to the Industrial Machinery segment, and the cryocoolers business in the Industrial Machinery
segment to the Mechatronics segment. For this reason, the year-on-year quarterly figures are presented as a comparison
with the figures for the previous consolidated cumulative first quarter, which have been restated based on the reporting
segment categories after the reconfiguration.
(i) Mechatronics
Orders for gear reducers showed increases in the United States, Europe, and Asia, while certain semiconductor-related
products also increased - Sales and operating profit also increased due to a rise in orders.
As a result, in year-on-year terms, orders increased by 16% to JPY67.3 billion, sales rose by 4% to JPY64.5 billion, and
operating profit grew by 13% to JPY4.8 billion.
(ii) Industrial Machinery
The plastics machinery business saw increases in orders and sales due to a rise in demand from China. However,
operating profit decreased due to declining profitability in Europe.
For other businesses, orders for medical-related products from overseas customers increased. On the other hand, for
semiconductor-related products in particular, sales and operating profit decreased due to a smaller order backlog.
As a result, in year-on-year terms, orders increased by 6% to JPY54.4 billion, sales declined by 10% to JPY48.6 billion,
and operating loss amounted to JPY0.4 billion.
(ili) Logistics & Construction
The hydraulic excavator business saw an increase in orders as inventory adjustments progressed at distributors mainly in
North America. Meanwhile, sales and operating profit decreased due to a smaller order backlog.
For other businesses, the mobile crane business recorded an increase in overseas orders but sales and operating profit
remained flat year on year. In the material handling system business, orders and sales increased due to strong market
conditions, but a decrease in highly profitable projects led to a decline in operating profit.
As a result, in year-on-year terms, orders increased 13% to JPY95.4 billion, sales decreased by 14% to JPY81.5 billion,
and operating profit declined by 64% to JPY3.3 billion.
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
(iv) Energy & Lifeline
The energy plant business saw an increase in orders due to expansion of service projects in Europe. Sales declined due
to a lower order backlog but improved profitability led to higher operating profit.
For other businesses, overall orders-including those for water treatment equipment-increased. Sales and operating
profit also rose due to order backlogs.
As a result, in year-on-year terms, orders increased by 66% to JPY41.4 billion, sales rose by 5% to JPY44.9 billion, and
operating profit soared by 239% to JPY3.0 billion.
(v) Others
Orders increased by 2% to JPY1.7 billion, sales increased by 19% to JPY1.9 billion, and operating profit increased by 6%
to JPY0.5 billion from the previous fiscal year, respectively.
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
2. Summary of Financial Condition for the Quarterly Consolidated Cumulative Period
Under Review
1. Condition of Assets, Liabilities, and Net Assets
Total assets at the end of the first quarter of the current consolidated fiscal year (ended March 31, 2025) amounted to
JPY1,252.7 billion, a decrease of JPY7.6 billion as compared to the end of the previous consolidated fiscal year. This was
mainly due to a decrease of JPY27.2 billion in notes and accounts receivable - trade and contract assets, while cash and
deposits increased by JPY10.8 billion and inventory assets rose by JPY5.0 billion as compared to the end of the previous
consolidated fiscal year.
Total liabilities came to JPY623.6 billion, an increase of JPY9.7 billion as compared to the end of the previous
consolidated fiscal year. This was partly because interest-bearing liabilities increased by JPY22.6 billion, while notes and
accounts payable trade decreased by JPY4.7 billion.
Net assets amounted to JPY629.1 billion, a decrease of JPY17.3 billion as compared to the end of the previous
consolidated fiscal year. This was mainly due to a decrease of JPY14.2 billion in foreign currency translation adjustments.
As a result of the above, the shareholders' equity ratio decreased by 1.1 point from the end of the previous consolidated
fiscal year to finish at 49.8%.
2. Cash Flow Condition
Cash and cash equivalents at the end of the first quarter of the current consolidated fiscal year under review came to
JPY118.6 billion, an increase of JPY11.0 billion from the end of the previous consolidated fiscal year. Cash flows for the
consolidated cumulative first quarter under review and the factors contributing to increases or decreases in cash flows are
as follows.
(Cash Flow from Operating Activities)
In the cumulative first quarter of the current consolidated fiscal year, cash flow from operating activities generated a
JPY12.5 billion increase in cash, up by JPY17.9 billion year on year. This was mainly due to a greater reduction in
accounts receivable trade and contract assets, as well as a slower decline in notes and accounts payable, while
quarterly profit before income taxes decreased.
(Cash Flow from Investing Activities)
In the cumulative first quarter of the current consolidated fiscal year, cash flow from investing activities resulted in a
JPY15.6 billion cash outflow. This represented a JPY3.0 billion year-on-year increase in outflow. This was partly due to
increased spending on tangible and intangible fixed assets, as well as the acquisition of shares in subsidiaries, which
resulted in a change in the scope of consolidation.
(Cash Flow from Financing Activities)
In the cumulative first quarter of the current consolidated fiscal year, cash flow from financing activities resulted in a
JPY16.6 billion increase in cash. This represented a JPY13.2 billion year-on-year decrease in inflow. This was partly
because the increase in interest-bearing debts slowed down.
3. Explanation of the Consolidated Earnings Forecast and Other Forward-Looking
Estimates
No change has been made to the consolidated earnings forecast for the fiscal year ending December 31, 2025 that was
announced in the financial report dated February 14, 2025.
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
II. Quarterly Consolidated Financial Statements and Key
Explanatory Notes
1. Quarterly Consolidated Balance Sheets
(Units: millions ofy yen)
End of Full Year
End of First Quarter
As of December 31, 2024
As of March 31, 2025
Amount
Amount
Assets
Current assets
Cash and deposits
111,132
121,972
Notes and accounts receivable trade
307,423
280,266
and contract assets
Inventory assets
333,852
338,882
Other
34,350
37,210
Allowance for doubtful accounts
(2,263)
(2,187)
Total current assets
784,495
776,144
Fixed assets
Tangible fixed assets
Land
112,062
111,398
Other (net)
235,936
237,775
Total tangible fixed assets
347,998
349,173
Intangible fixed assets
Goodwill
8,020
9,489
Other
20,241
20,301
Total intangible fixed assets
28,261
29,790
Investments and other assets
Other
100,431
98,538
Allowance for doubtful accounts
(944)
(954)
Total investments and other assets
99,487
97,585
Total fixed assets
475,747
476,547
Total assets
1,260,242
1,252,691

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
End of Full Year
End of First Quarter
As of December 31, 2024
As of March 31, 2025
Amount
Amount
Liabilities
Current liabilities
Notes and accounts payable trade
153,158
148,493
Short-term loans payable
84,806
88,015
Current portion of bonds payable
20,000
20,000
Current portion of long-term loans
4,649
3,879
payable
Commercial Papers
17,000
35,000
Provision for bonuses
7,963
15,016
Provision for construction warranties
11,451
11,563
Other provision amount
4,077
3,896
Other
112,788
98,795
Total current liabilities
415,892
424,656
Fixed liabilities
Bonds payable
40,000
40,000
Long-term debt due after one year
72,166
74,307
Defined benefit liability
35,011
34,696
Deferred income taxes on revaluation
20,408
20,868
Provision amount
167
164
Other
30,181
28,874
Total fixed liabilities
197,933
198,908
Total liabilities
613,824
623,565
Net assets
Shareholders' equity
Capital stock
30,872
30,872
Capital surplus
25,203
25,201
Retained earnings
428,776
427,696
Treasury shares
(11,207)
(11,191)
Total shareholders' equity
473,644
472,578
Accumulated other comprehensive income
Valuation difference on available-for-sale
7,953
6,863
securities
Deferred gains or losses on hedges
(1,233)
(659)
Revaluation reserve for land
40,307
39,402
Foreign currency translation adjustments
96,993
82,834
Remeasurements of defined benefit
23,017
22,527
plans
Total accumulated other comprehensive
167,037
150,967
income
Non-controlling interests
5,737
5,582
Total net assets
646,418
629,127
Total liabilities and net assets
1,260,242
1,252,691
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
2. Quarterly Consolidated Income Statements and Quarterly
Consolidated Statement of Comprehensive Income
Quarterly Consolidated Income Statements
Three months ended March 31, 2025
(Units: millions of yen)
Previous First Quarter
Present First Quarter
January 1, 2024 to
January 1, 2025 to
March 31, 2024
March 31, 2025
Amount
Amount
Net sale
254,811
241,536
Cost of sales
190,239
181,284
Gross income
64,572
60,253
Selling, general and administrative expenses
46,138
49,071
Operating profit
18,434
11,182
Non-operating profit
Interest income
365
492
Dividend income
39
71
Foreign exchange profit
145
Proceeds from sale of investment
securities
825
1,345
Other
825
1,338
Total non-operating profit
2,200
3,246
Non-operating expenses
Interest expenses
838
856
Foreign exchange loss
2,144
Patent related expenses
377
333
Other
653
1,044
Total non-operating expenses
1,869
4,378
Ordinary profit
18,766
10,050
Extraordinary losses
Impairment loss
170
126
Total extraordinary losses
170
126
Profit before income taxes
18,595
9,924
Income taxes
4,642
3,351
Profit
13,954
6,574
Profit attributable to non-controlling interests
354
79
Profit attributable to owners of parent
13,599
6,495
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
Quarterly Consolidated Statement of Comprehensive Income
Three months ended March 31, 2025
(Units: millions of yen)
Previous First Quarter
Present First Quarter
January 1, 2024 to
January 1, 2025 to
March 31,: 2024
March 31,: 2025
Amount
Amount
Profit
13,954
6,574
Other comprehensive income
Valuation difference on available-for-sale
securities
907
(1,090)
Deferred gains or losses on hedges
(888)
575
Revaluation reserve for land
(596)
Foreign currency translation adjustments
17,106
(14,367)
Adjustment to retirement benefits
(485)
(488)
Share of other comprehensive income of
entities accounted for using equity
6
(1)
method
Total other comprehensive income
16,646
(15,968)
Comprehensive income
30,600
(9,394)
(Breakdown)
Quarterly comprehensive income
attributable to owners of parent
29,912
(9,266)
Quarterly comprehensive income
attributable to non-controlling interests
688
(127)
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
3. Consolidated Cash Flows Statement
(Units: millions of yen)
Previous First Quarter Present First Quarter
January 1, 2024 to January 1, 2025 to
March 31, 2024
March31,: 2025
Cash flows from operating activities
Profit before income taxes
18,595
9,924
Depreciation
9,179
9,177
Impairment loss
170
126
Proceeds from sale of investment securities
(825)
(1,345)
Interest and dividend income
(404)
(563)
Interest expenses
838
856
Increase (decrease) in reserve amount
5,969
7,132
(Increase) decrease in notes and accounts receivable and contract
10,461
21,809
assets
(Increase) decrease in inventories
(16,889)
(11,093)
Increase (decrease) in notes and accounts payable
(11,722)
(1,193)
Other
(8,945)
(16,514)
Subtotal
6,428
18,316
Interest and dividends received
413
482
Interest expenses
(967)
(693)
Payments for income taxes
(11,359)
(5,652)
Net cash provided by or usedi in operating activities
(5,485)
12,452
Cash flows from investing activities
Cash outflow due to the acquisition of tangible and intangible fixed
(12,314)
(14,783)
assets
Cash flow from the sale of tangible and intangible fixed assets
20
1,081
Cash outflow due to the acquisition of shares in subsidiaries that
results
(3,047)
in change in scope of consolidation
Purchase of investment securities
(2)
(2)
Proceeds from the sale of investment securities
1,086
1,724
(Increase) decrease in short-term loans
(104)
36
Payments of loans receivable
(1,657)
(2,733)
Cash flow from loan recoveries
437
2,253
Other
(64)
(97)
Net cash used in investing activities
(12,599)
(15,569)
Cash flows from financing activities
Net increase (decrease) in short-term loans
14,600
5,361
Increase (decrease) in commercial papers
30,000
18,000
Proceeds from long-term debt
1,486
3,373
Repayments for long-term debt
(6,745)
(1,647)
Cash dividends paid
(7,174)
(7,630)
Payment of dividends to non-controlling stockholders
(2)
(1)
Acquisition of treasury shares
(1,571)
(1)
Other
(780)
(823)
Net cash provided by financing activities
29,814
16,631
Effect of exchange rate changes on cash and cash equivalents
2,073
(2,335)
Net increase (decrease) in cash and cash equivalents
13,804
11,179
Cash and cash equivalents at beginning of year
100,235
107,542
Decrease in cash and cash equivalents due to deconsolidation
(135)
Cash and cash equivalents at end of quarter
114,039
118,586
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
4. Items of Special Note Concerning the Quarterly Consolidated Financial Statements
(Significant Events or Conditions that Question the Premise of a Going Concern)
There are no applicable items.
(Application of Accounting Procedures Specific to Preparation of Quarterly Consolidated Financial
Statements)
(Calculation of tax expenses)
The effective tax rate expected to be imposed on pretax profit (after tax effect accounting) applicable to the consolidated fiscal
year in which the first quarter of the current consolidated fiscal year under review is included was estimated based on
reasonable assumptions, and tax expenses were calculated by multiplying the quarterly pretax profit by the estimated
effective tax rate.
(Changes to Accounting Policies)
(Application of "Accounting Standards for Corporation Tax, Resident Tax, Business Tax, etc.")
"Accounting Standards for Corporation Tax, Resident Tax, Business Tax, etc." (ASBJ Statement No. 27, issued on October
28, 2022; hereinafter referred to as "2022 Revised Accounting Standards"), along with other guidance, have been applied
from the beginning of the first quarter of the current consolidated fiscal year.
In connection with the amendment to the accounting classification of corporation taxes, etc. (taxation on other comprehensive
income), we follow the transitional treatments set forth in the proviso to Paragraph 20-3 of the 2022 Revised Accounting
Standards and in the proviso to Paragraph 65-2 (2) of the "Implementation Guidance on Tax Effect Accounting" (ASBJ
Guidance No. 28, issued on October 28, 2022; hereinafter referred to as the "2022 Revised Implementation Guidance"). This
change in accounting policy has no impact on the consolidated financial statements for the first quarter under review.
In addition, regarding the amendments related to the revision of the treatment in consolidated financial statements when gains
or losses from the sale of subsidiary shares, etc., between consolidated companies are deferred for tax purposes, the 2022
Revised implementation Guidance has been applied from the beginning of the first quarter of the current consolidated fiscal
year. Please note that since the impact of this change in accounting policy on prior periods is minimal, no retroactive
application or modification of retained earnings, etc., at the beginning of the current consolidated fiscal year has been made.
In addition, the impact of this change on consolidated financial statements for the first quarter under review is minimal.
(Notes regarding Significant Fluctuations to Shareholders' Equity)
There are no applicable items.
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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
(Notes on Segment Information, etc.)
(Segment Information)
1. Summary of Reporting Segments
The Group's reporting segments are based on those units within the Group where separate financial information is
available and where the Group's Board of Directors periodically deliberates over such matters as the distribution of
management resources and the financial performance of such segments.
The Group formulates a comprehensive international and domestic strategy for individual products and services for the
head office and for each consolidated subsidiary, and executes such strategies at the operating level. Consequently, the
Group comprises segments that are split by categories of products and services offered by the head office and
consolidated subsidiaries. More specifically, the four reporting segments of the Group are "Mechatronics", "Industrial
Machinery", "Logistics & Construction", and "Energy & Lifeline".
Businesses
Main Products
Mechatronics
Gear reducers, motors, inverters, cryogenic equipment, precision positioning
equipment, control components
Plastics machinery, film forming machines, precision forgings, semiconductor
Industrial Machinery
production equipment, laser processing systems, ion accelerators, medical
machines and equipment, forging press machines, machining tools, air-
conditioning equipment, defense equipment
Hydraulic excavators, mobile cranes, road machinery, material handling
Logistics & Construction
systems, logistics systems, automated parking systems
Private power generation facilities, boilers, air pollution control equipment,
Energy & Lifeline
water and sewage treatment systems, turbines, pumps, pressure vessels,
mixing vessels, food processing machinery, ships
15

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Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
2. Matters Related to Changes in Reporting Segments, etc.
Starting in the current consolidated fiscal year, we have decided to reconfigure businesses across
segments to streamline segment management and promote synergies. Specifically, we have reallocated
the laser systems business in the Mechatronics segment to the Industrial Machinery segment, and the
cryocoolers business in the Industrial Machinery segment to the Mechatronics segment. For this reason,
the figures for the previous consolidated cumulative first quarter, as outlined in "3. Information on Sales,
Profit, and Loss Amounts by Reporting Segment," have been restated in this document based on the
reporting segment categories after the reconfiguration.
3. Information on Sales, Profit, and Loss Amounts by Reporting Segment
Previous First Quarter January 1, 2024 to March 31, 2024
(Units: millions of yen)
Segment A
B
C
D Subtotal Other' Total E2
F3
Item
Net sales
Sales to external customers
62,070 53,789 94,464 42,865 253,187 1,623 254,811
- 254,811
Internal sales between segments
ore exchanges
881
355
42
134 1,412 850 2,262 (2,262)
Total
62,951 54,144 94,506 42,999 254,599 2,474 257,073 (2,262) 254,811
Segment profit
4,205 3,602 9,236
875 17,918 503 18,421 13 18,434
Segments:
A: Mechatronics
B: Industrial Machinery
C: Logistics & Construction
D: Energy & Lifelines
E: Adjustments
F: Amounts recorded in Quarterly Consolidated Income Statements
Notes:
1. "Other" represents businesses that are not included in the reporting segments. This includes the Group's real-
estate businesses, software-related business, and other businesses.
2. The segment profit (loss) adjustment of minus JPY13 million is due to the deletion of intersegment
transactions.
3. Segment profits have been adjusted as compared to the operating profit recorded in the Quarterly
Consolidated Income Statement.
16

## Page 17

Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
Present First Quarter (January 1, 2025 to March 31, 2025)
(Units: millions of yen)
Segment A
B
D Subtotal Other' Total E2
F3
Item
Net sales
Sales to external customers
64,529 48,643 81,541 44,899 239,611 1,925 241,536
241,536
Internal sales between segments
or exchanges
596
296
84
634 1,610 802 2,412 (2,412)
Total
65,125 48,939 81,624 45,533 241,221 2,727 243,948 (2,412) 241,536
Segment profit (loss)
4,762 (432) 3,344 2,964 10,637 546 11,184 (1) 11,182
Segments:
A: Mechatronics
B: Industrial Machinery
C: Logistics & Construction
D: Energy & Lifelines
E: Adjustments
F: Amounts recorded in Quarterly Consolidated Income Statements
Notes:
1. "Other" represents businesses that are not included in the reporting segments. This includes the Group's
real- estate businesses, software-related business, and other businesses.
2. The segment profit (loss) adjustment of minus JPY1 million is due to the deletion of intersegment transactions.
3. Segment profits (losses) have been adjusted as compared to the operating profit recorded in the Quarterly
Consolidated Income Statement.
(Subsequent Events of Significant Importance)
There are no applicable items.
17

## Page 18

Consolidated Results for the Three-Month Period from January 1 to March 31, 2025
Sumitomo Heavy Industries, Ltd.
IIII. Supplemental Information
(Orders Received, Sales, and Balance of Orders Received, by Segment)
As described in "1. Summary of Operating Performance, (1) Summary of Operating Performance for the Quarterly
Consolidated Cumulative Period Under Review," businesses across segments have been reconfigured starting in the
current consolidated fiscal year. For this reason, the figures for the previous consolidated cumulative first quarter and the
previous consolidated fiscal year have been restated in this document based on the reporting segment categories after the
reconfiguration.
(1) Orders Received
(Units: millions of yen)
Previous First Quarter
Present First Quarter
January 1, 2024 to
January 1, 2025 to
Y/Y Change
Segment
March 31,: 2024
March 31, 2025
Amount
Amount
Amount
%
Mechatronics
58,284
67,325
9,041
15.5
Industrial Machinery
51,482
54,417
2,935
5.7
Logistics & Construction
84,730
95,432
10,702
12.6
Energy & Lifelines
24,962
41,396
16,434
65.8
Others
1,644
1,679
35
2.1
Total
221,102
260,250
39,148
17.7
(2) Sales
(Units: millions of yen)
Previous First Quarter
Present First Quarter
January 1, 20241 to
January 1,: 2025 to
Y/Y Change
Segment
March 31,: 2024
March 31, 2025
Amount
Amount
Amount
%
Mechatronics
62,070
64,529
2,459
4.0
Industrial Machinery
53,789
48,643
(5,146)
(9.6)
Logistics & Construction
94,464
81,541
(12,923)
(13.7)
Energy & Lifelines
42,865
44,899
2,035
4.7
Others
1,623
1,925
302
18.6
Total
254,811
241,536
(13,274)
(5.2)
(3) Balance of Orders Received
(Units: millions of yen)
End of Full Year
Present First Quarter
Y/Y
As of December 31, 2024 As of March: 31, 2025
Change
Segment
Amount
Amount
Amount
%
Mechatronics
90,195
92,991
2,796
3.1
Industrial Machinery
145,458
151,232
5,774
4.0
Logistics & Construction
204,661
218,553
13,892
6.8
Energy & Lifelines
187,971
184,468
(3,503)
(1.9)
Others
1,926
1,680
(246) (12.8)
Total
630,211
648,924
18,713
3.0
18