May 28, 2014
To Whom It May Concern:
Company
Representative::

CodeContact::Phone:

Sumitomo Heavy Industries, Ltd.
Shunsuke Betsukawa
President and Chief Executive Officer
6302
Tsuneyoshi Sato
General Manager, Corporate
Communications Department+81-3-6737-2333

Notice Regarding the Inter-Company Succession of Businesses
Sumitomo Heavy Industries, Ltd. (hereinafter referred to as “SHI” or the “Company) today announcesthat Sumiju Plant Engineering Co., Ltd., a wholly owned subsidiary of SHI, (hereinafter referred as “SPE”)
and Sumitomo Heavy Industries Process Heavy Equipment Co., Ltd., another wholly owned subsidiary ofSHI (hereinafter referred as “SHI-PE”) has concluded an agreement to transfer SPE’s distillationequipment and extraction equipment business to SHI-PE effective July 1, 2014. The details of thisagreement are provided below:
1.

Purpose of the Transfer
In addition to the distillation and extraction equipment business, SPE provides comprehensive
services ranging from initial design to delivery and after-sales support for electric dust collectors aswell as vaporization/crystallization-related chemical equipment. On the other hand, SHI-PE handles
chemical equipment such as agitation tanks, which means that the two companies have overlapping
key customers in certain areas. As part of SHI’s efforts to restructure its plant chemicals-related
businesses, a decision was made to integrate the distillation and extraction equipment business, anarea where SPE and SHI-PE share common interests. By doing so, operational efficiency can beincreased through unified management, and further market development can be achieved throughstrong mutual contacts. In addition, the combination of the brand strength associated with SHI-PE’shigh-performance agitator tanks and SPE’s engineering capabilities will not only allow for expansion
into new business areas but also will lead to global expansion as SHI-PE’s overseas businessknow-how is effectively utilized.

2.

Execution Date of the Transfer
July 1, 2014

3. Profile of the Two Companies(1) Company Name
Sumiju Plant Engineering Co., Ltd.
(2) Main Business(3) Date ofEstablishment(4) Address of HeadOffice(5) Representative(6) Sales (FY2013)

Design, manufacture, sales,renovation, repair, inspection andmaintenance of chemical equipment
including vaporization/crystallizationequipment, distillation/extraction
equipment, and dust collectors, aswell as environmental equipment
and other general industrialmachinery.
October 1, 1986
2-1-1, Yato-cho, Nishi Tokyo City
Tokyo 188-8585, Japan
Ikuro Seino
JPY2,130 million

Sumitomo Heavy Industries Process
Equipment Co., Ltd.
Design, manufacture, sales,renovation, repair, inspection andmaintenance of chemical equipment
including pressure vessels, agitatortanks, and steel structures, as well as
environmental equipment and othergeneral industrial machinery.
March 1, 1987
1501, Imazaike, Saijo-city
Ehime 799-1393, Japan
Satoshi Okada
JPY9,139 million

4.

Details of Business Being Transferred
The distillation equipment and extraction equipment business that currently resides in SPE is to betransferred to SHI-PE.

5.

Impact on Financial Forecast as a Result of the Transfer
As both companies are wholly-owned subsidiaries of the Company, the impact on the consolidated
financial results is minimal.
END