sumitomo rubber

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 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...

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Sumitomo Rubber Submits Updated Eco-First Commitments

Sumitomo Rubber Industries Ltd. (TYO:5110), a company certified under the Ministry of the Environment’s Eco-First Program, recently announced that it has submitted its updated Eco-First Commitments to the Minister of the Environment. The Eco-First Program is an initiative in which companies pledge their own efforts to protect the environment, including measures against global warming, to the Minister of the Environment....

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New Volkswagen Polo Comes With Falken Tires

Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that Volkwagen AG has chosen a range of Falken tires as OEM for the sixth-generation Polo, which launched last month. The tires being supplied are the Azenis FK453, Sincera SN832A Ecorun, Ziex ZE914A Ecorun and Eurowinter HS449. Commenting on this OEM business, Christian Stolting, Key Account Manager OE at Falken Tyre Europe GmbH,...

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Dunlop Sports’ Strong Global Sales Push up Revenue and Profit

Sumitomo Rubber Industries Ltd.’s (TYO:5110) group company Dunlop Sports Co. Ltd. (TYO:7825) has released consolidated financial results showing an increase in both revenue and profit for the combined first three quarters (January–September) of the fiscal year ending December 2017. For this period, the company reported 55.76 billion yen ($488.91 million) in sales, up 1.8 percent from the same period a...

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Sumitomo Rubber Issues Statement on Kobe Steel Scandal, Impact on Products

Sumitomo Rubber Industries Ltd. (TYO:5110) has issued an announcement concerning the impact on its products as a result of the falsification of data by Kobe Steel Ltd. (TYO:5406). Sumitomo Rubber said that it does not purchase any parts directly from Kobe Steel, but it has discovered that the steel cord and bead wire used in its tires contain material from...

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