Toshiro Watanabe

Profile
Tenure
Jan 2026 – Present
Years in office
0.8 years
Name in Japanese
渡部敏朗
Title at appointment
Representative Director, President and CEO
Performance in office
Sumitomo Heavy Industries
CEOs and long-term results
FY2025
Consolidated
Revenue
¥1.1 trillion
Net margin
2.9%
ShimomuraWatanabe
Revenue¥1.1 trillionNet margin2.9%2021/122025/122030/12
Revenue¥1.1 trillionNet margin2.9%2021/122025/122030/12
Tenure

Tenure

Background

He joined Sumitomo Heavy Industries in April 1986 and built his career in finance and accounting. He became head of the Finance and Accounting Group in April 2019 and rose to Executive Officer in April 2020 and Managing Executive Officer in April 2022 while keeping that post. He joined the board in June 2022, and in January 2024 became Director, Senior Managing Executive Officer and CFO, the position he held just before being named president in his 40th year with the company.

Education: Kobe University, Faculty of Business Administration

Selection

In January 2026 he succeeded Shinji Shimomura as Representative Director, President and CEO. In the fiscal year ended December 2025, the year before he took office, consolidated net sales were ¥1,066.8 billion, roughly flat from ¥1,071.1 billion the year before. Operating income fell from ¥55.1 billion to ¥51.5 billion, while net income recovered from ¥7.7 billion to ¥30.9 billion. It was a change in which an executive who had overseen finance took over the task of restoring profitability.

Career

Career

Sumitomo Heavy Industries

Date Position
Apr 1986 Joined
Apr 2019 General Manager, Finance and Accounting Headquarters
Apr 2020 Executive Officer, General Manager, Finance and Accounting Headquarters
Apr 2022 Managing Executive Officer, General Manager, Finance and Accounting Headquarters
Jun 2022 Director and Managing Executive Officer
Jan 2024 Director and Senior Managing Executive Officer, CFO
Jan 2026 Representative Director, President and CEO
References 1

References (Japanese primary sources)

  • 住友重機械工業 有価証券報告書 第130期(2025年12月期)【役員の状況】