Japanese automation firm, SMC, has been listed in the FORBES Global 2000 as one of the world’s largest public companies.
The influential FORBES Global 2000 ranking is based on a composite score from equally-weighted measures of revenue, profits, assets and market value.
The 2017 list features public companies from 58 countries that together account for $35.3 trillion in revenue, $2.5 trillion in profit, $169.1 trillion of assets, and have a combined market value of $48.8 trillion. All four metrics are up from the 2016 ranking, with market capitalization up 10% from last year.
A spokesperson from SMC said: “SMC is delighted to be listed in the FORBES Global 2000 alongside such prestigious international businesses. It is recognition of our leading positioning as one of the world’s most successful automation providers, on which we have built a reputation as a solid and reliable partner.
“This is also an endorsement of our financial stability and our partnership approach with our customers, with whom we enjoy mutual respect, trust and loyalty.”
Founded almost 60 years ago, SMC operates in 83 countries, employing 19,000 people across the globe. It has an R&D engineering team of 1,450 and an 8,200-strong sales force, who are experts in their field and enjoy a close working relationship with SMC’s customers. To deliver automation solutions for its diverse customer base, SMC offers more than 12,000 basic products with over 700,000 variations. For more information about SMC and its quality products visit www.smc.eu.