Sumitomo Heavy Industries

On this list of the world's top shipbuilding companies, Sumitomo Heavy Industries is ranked fifth. Sumitomo Heavy Industries is a comprehensive manufacturer of industrial machinery, automatic weapons, ships, bridges, and steel structures, as well as environmental protection equipment such as recycling, power transmission equipment, plastic molding machines, laser processing systems, particle accelerators, material handling systems, cancer diagnostic and treatment equipment, and more.

Sumitomo Heavy Industries has always prioritized technical advancement and uses cutting-edge technology whenever possible. The corporation engages in a wide range of business activities, from manufacturing equipment and infrastructure to cutting-edge technology domains. The company's latest research and development activities have concentrated on fine, mechatronics, and systems technologies, allowing it to build a foothold in the areas of precision control devices and essential components. Sumitomo Heavy Industries had revenues of USD 6.59 billion, making it one of the world's largest shipbuilding enterprises.

Year Founded: 1988
Headquarters: Tokyo, Japan
Revenue: USD 6.59 billion
Website: shi.co.jp