IHI Conveyance Machinery to acquire Sumitomo Heavy Industries' mechanical parking business

Sumitomo Heavy Industries Conveyance Systems will succeed its mechanical parking business to IHI Conveyance Machinery via an absorption-type company split effective November 1, 2026. The business had sales of 7,090 million yen in 2024.

“Sumitomo Heavy Industries Conveyance Systems’ mechanical parking business will be succeeded by IHI Conveyance Machinery on November 1, 2026”japanir.jp

• 1 source
• japanir.jpSuccession of Sumitomo Heavy Industries Conveyance Systems’ Mechanical Parking Business to IHI Conveyance Machinery Scheduled for November 1, 2026 | Japan IRJan 26, 2026

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