November 4, 2009
To Whom It May Concern
Company Name

Sumitomo Heavy Industries, Ltd.

President

Yoshinobu Nakamura

Stock Code6302

Inquiries

Hideo Oshima
GeneralManager,Corporate

Communications Department
Telephone+81-3-6737-2333

Notice Regarding Differences in Second Quarter (Cumulative Basis) Earnings Forecast for PeriodEnding March 2010 and Revisions to Full-Year Earnings Forecast and Dividend Forecast
Sumitomo Heavy Industries, Ltd. (“the Company”) has identified several differences between the operating results
forecast for the Second Quarter (Cumulative Basis) of the Period ending March 2010 (April 1, 2009 - September 30,2009) announced when the Company released its First Quarter Consolidated Financial Report on July 31, 2009 and theCompany operating results announced today. Details of the differences are provided below.
Furthermore, based on the recent trend in operating results and other factors, the Company has decided to make thefollowing revisions to its full-year (April 1, 2009 - March 31, 2010) consolidated earnings forecast and year-end dividendforecast.
1. Period Ending March 2009

Revisions to Consolidated Operating Results Forecast

Second Quarter Consolidated Earnings Forecast – Cumulative Basis (April 1, 2009 - September 30, 2009)(Unit: millions of yen)
Net Sales

OperatingOrdinary

Quarterly Net

IncomeIncomeIncomeQuarterly net
Income per
Share (yen)Previous Forecast (A)250,000

3,500

1,000(1,500)(2.49)

Revised Forecast (B)251,651

8,218

7,253

1,320

2.19

Net Difference (B-A)

1,651

4,718

6,253

2,820

––

0.7

134.8

625.3

––

––

340,774

34,36733,952

19,777

32.77% Difference
Previous Year Results for
Reference (Second Quarter ofPeriod Ended March 2009)

Revisions to the Full-Year Earnings Forecast for the Period Ending March 2010 (April 1, 2009 - March 31, 2010)(Unit: millions of yen)
Net Sales

OperatingOrdinary

Quarterly Net

IncomeIncomeIncomeQuarterly net
Income perShare (yen)Previous Forecast (A)520,000

14,00010,000

3,500

5.80

Revised Forecast (B)520,000

19,00016,000

5,000

8.29

Net Difference (B-A)

––

5,000

6,0001,500––% Difference

––

35.7

60.0

42.9

––

642,918

56,94050,275

13,64922.62

Previous Year Results forReference (Period EndedMarch 2009)

2. Explanation of Revisions to the Consolidated Earnings Forecasts
In contrast to the previous forecast, during the Second Quarter (Cumulative Basis) the market downturn in theMass-Produced Machinery Segment came to an end, and the effect from higher prices for steel materials on the Ships,
Steel Structures and Other Specialized Equipment Segment and Industrial Machinery Segment was not as material asinitially assumed. Based on these conditions, the Company revised upward from the previous estimates its forecasts foroperating income, ordinary income and quarterly net income.
With regard to the full year, although the management environment surrounding the SHI Group is uncertain and theCompany remains concerned about the future direction of the economy, based on its operating results for the SecondQuarter (Cumulative Basis) of the consolidated period under review the Company also revised its operating income,ordinary income and net income forecast.
Please note that from the third quarter, the exchange rates for major currencies are anticipated to be US$1 = ¥90 and €1= ¥125.
3. Revisions to the Dividend Forecast for the Period Ending March 2010
(Unit: yen)
Dividend Per Share
(Date of Record)

End of Second Quarter

Previous Forecast0.00(Announced July 31, 2009)
Revised Forecast
Current Year Actual
Previous Year Actual (For thePeriod Ended March 2009)

Year EndAnnual

To be determined

To be determined

3.00

3.00

––
0.00
6.00

––

––
0.00

6.00

4. Explanation of Revisions to the Year-End Dividend Forecast for the Period ending March 2010
The Company has set its year-end dividend per share for the period ending March 2010 after comprehensively
considering various factors, including the need to increase the internal reserves required for long-term, stable developmentof the Company’s businesses, while maintaining its basic stance concerning the payment and increase of shareholder
dividends corresponding to the income achieved during each period.
On July 31, 2009, the Company announced its dividend forecast concerning the year-end dividend for the current
period was “to be determined.” After revising its full-year consolidated operating results forecast upward, based on its
operating results for the Second Quarter (Cumulative Basis) of the consolidated period under review, the Company has
revised its year-end dividend per share as indicated above.
Important Notice: The above forecasts were prepared based upon information available to the Company at the time theprojections were announced. Actual operating results may differ from the forecasted figures depending upon various
factors in the future.