Sumitomo Rubber announced its IFRS-based consolidated results for the first nine months of the fiscal year ending December 2025 (January–September). Revenue came to 861.61 billion yen ($5.56 billion), down 1.5% year-on-year, while business profit decreased 21.1% to 48.51 billion yen. Net profit, however, rose sharply to 26.01 billion yen, an increase of 542.3%. Although business profit declined, both operating profit...
Tires
Bridgestone Stable in Challenging Environment: 9M Results
Bridgestone announced its IFRS-based results for the nine months of the fiscal year ending December 2025 (January–September). Revenue amounted to 3.23 trillion yen ($19.37 billion), down 1.1% from the same period last year, while adjusted operating profit rose 4.3% to 368.37 billion yen. Net profit decreased 19.5% to 203.54 billion yen. Excluding foreign exchange effects, the company posted higher revenue...
Toyo Tires Celebrates 80th Anniversary with Appreciation Reception
Toyo Tires on November 4 held an 80th Anniversary Appreciation Reception to celebrate 80 years of history and mark its new beginning. At the reception, which was attended by around 700 guests from various industries, business partners, and related organizations, Toyo Tires President and CEO Takashi Shimizu reflected on the company’s long journey from its founding to the present, and...
Bridgestone Breaks Ground on Precision Pyrolysis Pilot Plant for End-of-Life Tires at Seki Plant
Bridgestone held a groundbreaking ceremony on October 21 at its Seki Plant in Gifu Prefecture for the construction of a Precision Pyrolysis Pilot Demonstration Plant for End-of-Life Tires. The initiative marks the transition from research to the demonstration phase of a project aimed at realizing circular tire recycling—returning used tires to raw materials that can once again be used to...
Bridgestone Names Yasuhiro Morita as New Global CEO
Bridgestone announced on October 23 that Yasuhiro Morita, currently Executive Vice President and Representative Executive Officer, will be appointed Global CEO effective January 1, 2026. The current Global CEO, Shuichi Ishibashi, will step down from his executive role on December 31, 2025, and retire from the Board of Directors at the conclusion of the company’s annual general shareholders’ meeting scheduled...
Yokohama Rubber Adds New Hose Size to Premium Hydraulic Hose Lineup
Yokohama Rubber has expanded its lineup of Versatran premium high-pressure hydraulic hoses for overseas markets by adding a new 3/8-inch (9 mm) inner diameter, four-spiral construction hose to the 42 MPa specification of the ISO Series. Sales of the new size began in September. The newly added 3/8-inch hose complies with the highest durability class “DC” of the international standard...

