January 30, 2009
To Whom It May Concern:

Company Name
President
Stock CodeInquiries
Telephone

Sumitomo Heavy Industries Co.,Ltd.
Yoshinobu Nakamura
6302
Hideo Oshima
General Manager, Corporate
Communications Dept.
+81-3-6737-2333

Notice Regarding Revisions to Consolidated Earnings Forecast and Year-End Dividend Forecast
Based on recent trends in financial earnings and other factors, Sumitomo Heavy Industries(hereinafter referred to as the “Company”) has decided to make the following revisions to its full-year(April 1, 2008 ~ March 31, 2009) earnings forecast and year-end dividend forecast that was initiallyannounced at the second-quarter earnings presentation on November 4, 2008.
1.

Revisions to the Full-Year Earnings Forecast for the Period Ending March 2009 (April 1, 2008 toMarch 31, 2009)
Net Income
Net Income
for theOrdinary
Net Sales
Operatingper Share for
Current
Income(inIncomethe Current(inPeriod¥ millions)(in ¥ millions)(inPeriod¥ millions)¥ millions)
Previous
720,000
70,00066,50031,000¥51.37
Forecast (A)Revised
645,000
49,00044,00011,500¥19.06
Forecast (B)Net Difference(75,000)(21,000)(22,500)(19,500)(B-A)% Difference(10.4%)(30.0%)(33.8%)(62.9%)
Previous Year
Results for
Reference
660,769
77,79075,46942,974¥71.19Purposes(Fiscal Year
Ended March2008)

2. Explanation of Revisions to the Full-Year Earnings Forecast for the Period Ending March 2009
The outlook for the future indicates that the financial crisis that was triggered in the United States
will continue to have a significant impact on the real economy and worsening economic conditions areexpected to continue to spread globally. Further, the economies of emerging countries, in particular
China, are showing increased signs of uncertainty. As such, there is lingering concern that there will
be a prolonged worsening of the business climate that the Company operates within for the expectedfuture.
Against this backdrop, the Company anticipates reduced sales in the mass-produced machinery andconstruction machinery segments. Further, operating income is impacted negatively by theaforementioned reduction in sales as well as currency fluctuations. Net income for the current period isalso revised downwards in view of losses relating to restructuring efforts made during the fiscal year.
Please note that for the fourth quarter, the exchange rates for major currencies to be utilized forfinancial closing is anticipated to be US$1 = ¥90 and Euro1 = ¥120.

3.

Revisions to the Year-End Dividend Forecast for the Period Ending March 2009
Dividend Per Share
(Date of Record)
End of Second
Year EndQuarter
Previous Forecast (Announced
¥6.00
¥6.00
November 4, 2008)
Revised Forecast
To bedetermined
Current Year Actual¥6.00
Previous Year Actual (for the Fiscal
¥5.00
¥5.00
Year Ended March 2008)

Annual¥12.00To bedetermined¥10.00

4. Explanation of Revisions to the Year-End Dividend Forecast for the Period Ending March 2009
Due to the downwards revisions to the Company’s financial earnings, a decision has been made toreconsider future dividend payments at this present moment. As such, no set dividend is announced at
this time and an announcement will be made after the full-year financial results have been taken into
consideration.
Important Notice: This document 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.