Speaking at an online results briefing on Feb. 9, Sumitomo Rubber Industries Ltd. (TYO:5110) President Satoru Yamamoto commented on his company’s performance in coming out of the slump in global tire demand. Sumitomo Rubber’s sales, he said, are seen to be recovering faster than overall market demand. And what is more, he added, the company is projecting a particularly fast...
Sumitomo Rubber Industries Ltd. (TYO:5110) has opened the Nayoro Indoor Ice Field (NICE), a new on-ice testing facility for winter tires. This has been set up as part of the company’s Nayoro Tire Proving Ground in Nayoro, Hokkaido. Established in 1991, the Nayoro Tire Proving Ground spans an area of 870,000 square meters. Sumitomo Rubber has now used this site...
Sumitomo Rubber Industries Ltd. (TYO:5110) is planning a March 1 launch of its All Season Maxx VA1, a new tire for commercial vehicles. Coming under the Dunlop brand, this will be the second product under the Sumitomo Rubber’s All Season Maxx series, which is focused on all-season tires that can handle dry, wet and snowy surfaces. An innovative tread pattern...
Looking to help achieve Level 4 autonomous driving, Sumitomo Rubber Industries Ltd. (TYO:5110) has built an integrated system that handles everything from obtaining tire pressure data through to facilitating maintenance for detected issues. The company recently subjected this system to proof-of-concept testing on public roads in Gifu, Gifu Prefecture, on Nov. 12. This system comes as part of a joint...
Sumitomo Rubber Industries Ltd. (TYO:5110) has received an award for research that used Japan’s K supercomputer to carry out a large-scale molecular dynamics simulation of tire rubber. This award was one of a number given out for effective use of the country’s High Performance Computing Infrastructure (HPCI). Awarded on Oct 30, the winners were announced at “The Seventh Project Report...
Sumitomo Rubber Industries Ltd. (TYO:5110) has released its business results for the first three quarters of calendar 2020. But despite figures here being considerably down versus the same period last year, the company announced that it was making an upward revision to its projected results for this year as a whole. Sales revenue for the period came to 540.25 billion...
