Company History

  1. Sumisho Machinery Export Service Company Ltd. was established in order to carry out the coordinating functions for machinery and instruments export. 90percents of the capita was owned by Sumitomo Corporation (Capital: 20 million yen).

  2. Sumisho Machinery Trade Corporation was established to carry out coordinating functions for the export and import of electric wires, electrical, electronic and communication equipment and various types of plants. The capital was fully owned by Sumitomo Corporation(Capital:15 million yen).

  3. Osaka Office of Sumisho Machinery Trade Corporation was established.

  4. The company name of Sumisho Machinery Export Service Company Ltd. was changed to Sumisho Machinery Export Ltd.

  5. Sumisho Machinery Export Ltd. and Sumisho Machinery Trade Corporation were merged on equal terms to mutually assist each other and to develop further as a directly affiliated concern of the machinery and electrical divisions of Sumitomo Corporation. The new company was named Sumisho Machinery Trade Corporation (Capital: 35 million yen).

  6. Sumitomo Corporation acquired 100 percent of the capital of Sumisho Machinery Export Ltd.

  7. The capital was increased to 48 million yen.

  8. The capital was increased to 100 million yen.

  9. The head office moved to Kinsan Building,18‐ 3,Kanda Nishiki-cho 3‐chome, Chiyoda‐ku, Tokyo.

  10. The capital was increased to 300 million yen.

  11. The capital was increased to 450 million yen.
    The branch office was settled at 23‐ 1,Kanda Awaii‐ch0 2‐chome, Chiyoda‐ku, Tokyo

  12. The Osaka Office was changed to the Osaka Branch.

  13. The branch office was settled at 1‐6,Nishikanda 3‐chome, Chiyoda-ku, Tokyo.

  14. Head office and the two branch offices in Tokyo all moved into the new building once located at 4‐3,Hitotsubashi 2‐chome, Chiyoda‐ku, Tokyo 101-8432,Japan.

  15. The Electronics Division (including The Osaka hl was spun off as a new company.

  16. The head office moved to 8‐12,Harumi 1-chome,Chuo‐ku, Tokyo.

  17. Organization reorganization

  18. The head office moved to 2-2, Hitotsubashi 1-chome, Chiyoda-ku,Tokyo.

  19. The company name of Sumisho Machinery Trade Corporation was changed to Sumitomo Corporation Power & Mobility Co., Ltd.

  20. Hamamatsu Office was established.

  21. The 100% capital of Summit D&V Kft (SDV) in Hungary was acquired from Sumitomo Corporation and SDV became our subsidiary company.

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