Since Sumitomo Rubber Industries Ltd. (TYO:5110) launched its Miraie residential-purposed seismic damper units in March 2012, they have gone on to be installed in 18,000 buildings through the end of last year. After earning high praise in the 2016 Kumamoto earthquakes, effectiveness has now also been proven by conducting a full-scale seismic test on Jan. 27 at Kyoto University’s Disaster Prevention...
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Sumitomo Rubber Industries Ltd. (TYO:5110) supports the Red Bull Air Race Chiba 2017 as an official sponsor through its Falken brand for the third year in a row. The race is the third of eight races being held as part of Red Bull Air Race World Championship 2017, and will be held in Japan for the third straight year. In...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has obtained for ISO14001:2015, the latest version of environmental management system ISO14001, for 31 sites worldwide. The certification accounts for the company’s headquarters in Kobe, Japan, its factories both domestically and abroad, and its affiliated companies. Sumitomo Rubber received this new certification on Dec. 5, 2016. ISO14001 was created by the International Organization for Standardization...
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Sumitomo Rubber Industries Ltd. (TYO:5110) will increase its U.S. production capacity of passenger car and light truck tires from currently 5,000 tires to 10,000 per day by the end of 2019, said President and CEO Ikuji Ikeda during a recent interview with Japan Rubber Weekly. He added that this move aims at expanding sales of high value-added tires in the...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has reached an agreement with Graphite Capital Management LLP to acquire British tire distributor Micheldever Tyre Services Ltd. for 215 million pounds ($262 million). The acquisition aims at expanding the company’s tire business in Europe. Following the dissolution of its alliance with Goodyear Tire & Rubber Co. in October 2015, Sumitomo Rubber is using its...
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Sumitomo Rubber Industries Ltd. (TYO:5110) is proceeding with revamping its North American plants and bringing in new equipment for use with current production, said President & CEO Ikuji Ikeda at a press conference last week. He added that, with a view to the future, the company will also adopt new production technology to increase production capacity for high-performance tires. Increasing...
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