Japan’s four largest tire manufacturers have now all announced price increases on aftermarket tires for domestic sale. After Bridgestone Corp. (TYO:5108) announced such a price hike on June 5, Yokohama Rubber Co. Ltd. (TYO:5101) came out with its own on June 14, with Sumitomo Rubber Industries Ltd. (TYO:5110) then following suit on June 21 and Toyo Tire Corp. (TYO:5105) on...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that U.S. sales subsidiary Sumitomo Rubber North America Inc. has begun supplying Falken-brand tires for the new Jeep Gladiator pickup truck sold by FCA US LLC. The supply agreement includes Wildpeak A/T AT3W tires as OE, with Wildpeak M/T MT01 also being provided as an option. The Wildpeak A/T AT3W tires selected as...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has formed a basic business alliance agreement with TripodWorks Co. Ltd. and Sysgration Ltd., looking through this to create a new solutions system for tire management. Not content to stop simply at conventional tire sales, Sumitomo Rubber is aiming through this agreement to create a solutions system that makes use of...
The Japanese Rubber Workers’ Union Confederation has released the results of its 2019 spring labor initiative aimed at securing higher wages and bonuses for workers at major rubber companies. As part of this, the organization announced that 56 of its 58 member unions submitted wage requests, of which 49 have reached a settlement with the relevant companies. Meanwhile, 49 unions...
Sumitomo Rubber Industries Ltd. (TYO:5110) is planning this year to run another set of environmental conservation efforts under its Team Enasave Future Project, which the company carries out in conjunction with the National Federation of UNESCO Associations in Japan. The first initiative as part of this will begin in Niigata on May 26, looking to preserve and maintain the nature,...
The Australian Open, one of the four Grand Slam tennis tournaments, made waves in Japan this year when Japanese player Naomi Osaka won the women’s singles title. Behind the scenes, meanwhile, Sumitomo Rubber Industries Ltd. (TYO:5110) supported the tournament by supplying Dunlop-branded tennis balls. Sumitomo Rubber supplied 15,000 sets of a dozen balls each for the tournament and its preliminary...
