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Sumitomo Heavy Industries ( (JP:6302) ) has issued an update.
Sumitomo Heavy Industries announced significant changes in its leadership structure, effective January 1, 2026. The board meeting resolved to appoint Toshiro Watanabe as the new Representative Director, President, and CEO, while Shinji Shimomura will become the Chairman of the Board. These changes are part of a strategic reorganization aimed at enhancing the company’s operational efficiency and market competitiveness.
The most recent analyst rating on (JP:6302) stock is a Hold with a Yen4150.00 price target. To see the full list of analyst forecasts on Sumitomo Heavy Industries stock, see the JP:6302 Stock Forecast page.
More about Sumitomo Heavy Industries
Sumitomo Heavy Industries, Ltd. operates in the industrial machinery sector, focusing on manufacturing heavy machinery and equipment. The company is known for its products in power transmission and controls, as well as its involvement in the energy and lifeline segments.
Average Trading Volume: 1,058,373
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen496.1B
See more data about 6302 stock on TipRanks’ Stock Analysis page.