The first quarter of calendar 2022 saw Sumitomo Rubber Industries Ltd. (TYO:5110) post IFRS-based results that included 250.51 billion yen ($1.96 billion) in sales revenue, marking a 17.2 percent year-on-year increase. The tire business contributed to that amount with 210.87 billion yen of sales revenue, up 16.9 percent, as well as a 20.5 percent year-on-year increase in operating profit to...
Bridgestone Corp. (TYO:5108) has announced its business results (IFRS) for the January–March, which include sales revenue of 891.01 billion yen ($6.96 billion), up 22.5 percent year-on-year; adjusted operating profit of 101.1 billion yen, up 19.2 percent; and net profit, including that for discontinued operations, of 53.84 billion yen, down 81.1 percent. Net profit was significantly lower due to a one-time...
Sumitomo Rubber Industries Ltd. (TYO:5110) has started supplying its Dunlop SP Sport Maxx 060 as an OE tire for the bZ4X, the latest model battery electric vehicle (BEV) from Toyota Motor Corp. (TYO:7203) that is launching this May. The same tire has also been selected as OE for the Solterra, another new BEV unveiled by Subaru Corp. (TYO:7270) last November....
Toyo Tire Corp. (TYO:5105) has begun rolling out the Proxes TR1 in the Japanese market from the start of this month, marking a new lineup under the global flagship tire brand that is Proxes. The tire is being made available in a total of 15 sizes, with no set pricing. With sports cars coming back into the limelight of late,...
Yokohama Rubber Co. Ltd. (TYO:5101) has redesigned its webpage for presenting the company’s pneumatic fender products to the global audience (https://www.y-yokohama.com/global/product/mb/fenders/), including a fresh visual presentation and enhanced product information. In addition to a complete redesign, the renovation includes enhanced product information on its ABF-P (Air Block Fenders With Protector Panel) – pneumatic fenders for docking terminal walls – and...
Toyo Tire Corp. (TYO:5105) has begun rolling out the Proxes TR1 in the Japanese market from the start of this month, marking a new lineup under the global flagship tire brand that is Proxes. The tire is being made available in a total of 15 sizes, with no set pricing. With sports cars coming back into the limelight of late,...
