sumitomo rubber

Sumitomo Rubber Answers Shareholder Questions on Business Performance and Plans

Sumitomo Rubber Industries Ltd. (TYO:5110) held a general shareholders meeting on March 29, with the company fielding questions from shareholders on three main topics: sales strategy in regions where the Dunlop brand is struggling, the impact of the recent strong yen, and responses to the trend toward electric vehicles (EVs). A Sumitomo Rubber representative noted that in Europe, the U.S.,...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Rubber Unions Increase Demands on Tire Manufacturers

Member unions of the Japanese Rubber Workers Union Confederation (JRC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Looking specifically at the per-company wage demands for 35-year-old workers in the tire industry, unions are demanding a 5,600 yen ($52.70) increase from Bridgestone Corp. (TYO:5108), a 5,500 yen...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Sumitomo Rubber Supplies Eco-Friendly Dunlop Tire for Nissan EV

Sumitomo Rubber Industries Ltd. (TYO:5110) recently started delivering the Dunlop Enasave EC300+, an environmentally friendly tire, to Nissan Motor Co. Ltd. (TYO:7201) for use in the automaker’s updated Nissan Serena e-Power, which is slated for a Japanese launch this March. The Enasave EC300+ has been developed with optimization of the new Serena e-Power’s performance in mind. Aside from its high...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Sumitomo Rubber to Launch Motorcycle Tire With Improved Sports Performance

Sumitomo Rubber Industries Ltd. (TYO:5110) is set to release the Sportmax Roadsport2, a new sport radial tire for motorcycles, on March 1. The company aims to sell 10,000 of the tires for the first year. On top of the line’s existing sports performance in metrics such as grip, long life and handling, the new tire is designed to add further...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

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,...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Sumitomo Rubber Obtains Highest Environmental Rating From DBJ

Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has obtained the highest rating under the Development Bank of Japan Inc.’s (DBJ) Environmentally Rated Loan Program. The program uses a screening system developed by the DBJ to evaluate companies on their environmental management. Companies with excellent environmental ratings are selected to receive special loan conditions based on their rating. Sumitomo...

Please subscribe to read the full story. [lwa template="modal" register="0"]Subscribe Free Trial
Continue Reading

Send this to a friend