ikuji ikeda

Sumitomo Rubber to Appoint Satoru Yamamoto as New President

Sumitomo Rubber Industries Ltd. (TYO:5110) plans to appoint Satoru Yamamoto, currently a director and senior executive officer at the company, to the role of President and CEO, effective March 26. Current CEO and president Ikuji Ikeda will then move into the role of chairman and representative director. Yamamoto has a long history of working with domestic tire replacements. Following this,...

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New Year’s Interview: JRMA President Ikuji Ikeda Discusses Priorities for 2019 – Part 2

Following his inauguration as president of the Japan Rubber Manufacturers Association (JRMA) last May, Ikuji Ikeda has been giving significant thought to where Japan’s rubber industry is headed. After hearing what Ikeda had to say on his role at the JRMA and the hidden potential of rubber, Japan Rubber Weekly found out his thoughts on development trends heading into this...

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New Year’s Interview: JRMA President Ikuji Ikeda Discusses Priorities for 2019 – Part 1

Ikuji Ikeda, president and CEO at Sumitomo Rubber Industries Ltd. (TYO:5110), was inaugurated last May as the 15th president of the Japan Rubber Manufacturers Association (JRMA). Japan Rubber Weekly recently sat down with Ikeda to hear his thoughts on the association and the industry heading into 2019. Defining his role with the JRMA, Ikeda said that he sees his job...

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Sumitomo Rubber Downwardly Revises Results Forecast for 2018

Sumitomo Rubber Industries Ltd. (TYO:5110) has announced a downward revision to its forecast of business results for calendar 2018. Compared to the company’s initial forecast, the revision sees sales lowered by 1.1 percent, business profit by 6.8 percent and net profit by 10.4 percent. The main factor behind the revision is Sumitomo Rubber’s tire business, for which both sales and...

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Sumitomo Rubber CEO Discusses Company Direction in Bid for Vigorous Growth

Sumitomo Rubber Industries Ltd. (TYO:5110) plans to surpass its sales goals for 2018, said President and CEO Ikuji Ikeda in a recent interview with Japan Rubber Weekly. The company, he said, is looking to turn around its business ahead of 2020, the company’s Vision 2020 target year. Ikeda said that the automotive industry, to which Sumitomo Rubber is deeply connected,...

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Sumitomo Rubber Steps up Development of Specialized Tires for Electric Cars

Sumitomo Rubber Industries Ltd. (TYO:5110) is accelerating its development of specialized tires for electric vehicles (EVs) in anticipation of further vehicle electrification. Although the company already supplies tires for EVs, the inclusion of batteries makes EVs heavier than vehicles with internal combustion engines, leading to demand for more durable tires. Sumitomo Rubber President Ikuji Ikeda said that by further improving...

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