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Torishima Pump Mfg signed an agreement to acquire all shares of Shin Nippon Machinery from Sumitomo Heavy Industries. Shin Nippon Machinery makes steam turbines and pumps mainly for the petrochemical sector.
Torishima Pump Mfg. resolved on February 10, 2026 to acquire 100% of Shinnihon Zoki from Sumitomo Heavy Industries for about 14.9 billion yen, making it a subsidiary, with transfer scheduled for July 1, 2026. Shinnihon Zoki makes steam turbines and process pumps.