April 27, 2010
To Whom It May Concern:
Company Name:
President and CEO:
Stock Code:
Listed On:
Inquiries:
Tel:

Sumitomo Heavy Industries, Ltd.
Yoshinobu Nakamura
6302
First Section of the Tokyo Stock ExchangeFirst Section of the Osaka Securities Exchange
Hideo Oshima
General Manager, Corporate Communications
Department+81-3-6737-2333

Notice Regarding Revisions to Earnings Forecast and Dividend Forecast
Based on recent trends seen in overall financial performance, Sumitomo Heavy Industries, Ltd. (hereinafterreferred to as “SHI” or the “Company) announces the following revisions to the full-year (April 1, 2009 toMarch 31, 2010) consolidated earnings forecast and year-end dividend forecast, which were most recently madepublic on November 4, 2009. The changes are as follows:
Details of the Revisions
1. Revisions to Earnings Forecast(1) Full-Year Ended March 2010 – Revisions to Consolidated Financial Projections(Units: in millions of Yen unless otherwise specified)
Net Sales
Operating
Ordinary
Full Year
Full-Year Net Income
IncomeIncomeNet Income
per Share (in Yen)
Previous Forecast (A)520,000
19,00016,0005,000
8.29
Revised Forecast (B)516,000
28,00026,50013,000
21.54
Net Difference (B-A)(4,000)9,000
10,5008,000―% Difference
(0.8)
47.4
65.6
160.0
―
Previous Full-Year
642,918
56,94050,275
13,64922.62
Results (Period EndedMarch 2009)(2) Explanations for the Revisions
As compared to the previous forecast, although there are no significant changes in net sales to report, bothordinary and operating income figures have been revised upwards. This favorable change in profitability isattributed to a variety of factors. First, in the Mass Produced Machinery Segment, profitability improved asconditions in emerging markets, with a particular focus on China, improved more than anticipated. Further, thestructural reform efforts made by this Segment, including the reduction in fixed costs, took effect and improved
profitability. In the Ship, Steel Structure and Other Specialized Equipment Segment, the efforts made to reduce
costs especially in the area of raw material costs contributed towards overall profitability. Finally, profitability
conditions also improved in the Industrial Machinery Segment.
The net income figure has also been revised upwards from the previous forecast mainly because favorable
conditions in the stock market resulted in the marking up of investment securities.
2. Revisions to the Dividend Forecast(1) Details of the Revisions(Units: in Yen)
(Date of Record)
Previous Forecast(Announced July 31, 2009)
Revised Forecast
Current Year Actual
Previous Year Actual (For thePeriod Ended March 2009)

Dividend Per Share
End of Second Quarter
Year End
0.00

Annual
3.00

3.00

4.00

―
0.00
6.00

―

4.00
―

0.00

6.00

(2) Explanations for the Revisions
SHI’s basic dividend policy is to provide shareholders with an amount that corresponds to the income achieved
during the fiscal period while at the same time always looking to increase such amount if possible. TheCompany comprehensively considers a variety of factors before coming to a decision on the dividend amount,including the need to increase internal reserves to allow for the long-term and stable development of theCompany’s businesses.
As mentioned above, the net income figures included in the Company’s full-year consolidated financial
performance for the period ended March 2010 have been revised upwards from the previous forecast. With thisin mind, and in line with the Company’s dividend policy, the Board of Directors passed a resolution at a board
meeting held today to add an additional JPY1.0 to the previously announced year-end dividend forecast of
JPY3.0 to make the new year-end dividend forecast JPY4.0 per share.
Important Notice: The forecasts above were prepared based upon information available to the Company at thetime the projections were made. Actual results may differ from such forecasted figures due to a variety offactors that may occur in the future.