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Sumitomo Heavy Industries Ltd (6302.T)

6302.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TSMC orders machinery equipment worth T$5.1 bln
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd <2330.TW>TSM.N::SAYS IT ORDERS MACHINERY EQUIPMENT WORTH T$5.1 BILLION ($169.97 million) FROM SUMITOMO HEAVY INDUSTRIES ION TECHNOLOGY CO LTD, TOKYO ELECTRON LTD, LAM RESEARCH INTERNATIONAL SARL, APPLIED MATERIALS SOUTH EAST ASIA PTD LTD.  Full Article

Sumitomo Heavy Industries decides to accept settlement recommendation in lawsuit
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Sumitomo Heavy Industries Ltd <6302.T>:Says co has decided to accept the court's settlement recommendation, regarding the lawsuit filed by the City of Kyoto (the City) against the co.Says if the City also accepts the settlement recommendation and the settlement is reached, the lawsuit at the Osaka High Court will end.Says co shall pay a settlement amount of 15.38 billion yen to the City, the City shall waive any other claims against the co, and the co shall waive co's counterclaim against the City.  Full Article

Sumitomo Heavy Industries to merge with units
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Sumitomo Heavy Industries Ltd <6302.T>:Says it will merge with two Aichi-based speed reducers related units, effective April 1, 2018.Says two units will be dissolved after merger .  Full Article

Sumitomo Heavy Industries to fully buy FW Energie B.V. for $170 mln
Thursday, 2 Mar 2017 

Sumitomo Heavy Industries Ltd <6302.T>:Says it plans to fully acquire the Netherlands-based firm FW Energie B.V. for $170 million.  Full Article

Sumitomo Heavy Industries to buy Persimmon Technologies Corporation
Monday, 27 Feb 2017 

Sumitomo Heavy Industries Ltd <6302.T>: Says it will buy 100 percent stake in Persimmon Technologies Corporation via setting up a wholly subsidiary named Persimmon Merger Sub, Inc. for the acquisition .Further details to be disclosed.  Full Article

Sumitomo Heavy Industries announces merger between units
Tuesday, 30 Aug 2016 

Sumitomo Heavy Industries Ltd <6302.T>: Says its unit Sumitomo Heavy Industries Environment Co.,Ltd will undertake the merger with Sumiju Environmental Engineering,Co.Ltd. on April 1, 2017 .Says Sumiju Environmental Engineering,Co.Ltd. will be dissolved after the merger.  Full Article

Sumitomo Heavy Industries announces filing of lawsuit against the co by Kyoto City
Friday, 15 Jul 2016 

Sumitomo Heavy Industries Ltd <6302.T>: Says the co received a copy of a written appeal that was submitted to the Osaka High Court by the City of Kyoto(the City) which outlines their objections to the court decision that was previously disclosed on May 27 . Says the City requested that the Osaka High Court revoke the part of the decision dismissing the City’s claims .Says the City also requested the incinerated ash melting facility to be dismantled and is seeking for compensation payment and legal fees for 18.45 billion yen in total.  Full Article

Sumitomo Heavy Industries receives judgment of lawsuit against Kyoto City
Friday, 27 May 2016 

Sumitomo Heavy Industries Ltd <6302.T>: Says the company received judgment of the lawsuit regarding a case filed by Kyoto City on March 20, 2014 . Says the Kyoto City deemed that it would not be possible for the company to handover the incinerated ash melting facility by the agreed upon date and was seeking the compensation from the company . Says the judgment ordered the Kyoto City to dismiss the request and while ordered the company to dismiss counterclaim .Says the Kyoto City will pay the litigation cost of the lawsuit and the company will bear the litigation cost of counterclaim.  Full Article

BRIEF-ECLAT FOREVER MACHINERY says 2016 dividend record date is Sept. 5

* Says it will pay dividend for 2016 to shareholders with record date on Sept. 5