According to the Chinese zodiac, 2017 will be the year of the rooster. To celebrate, Dunlop Sports Co. Ltd. (TYO:7825), a maker of golf and tennis equipment in the Sumitomo Rubber Industries Ltd. (TYO:5110) group of companies, is releasing a limited edition golf ball. The XXIO 2017 Eto Ball, a special version of the XXIO Premium line of golf balls,...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has developed a bridge-purposed ultra durability rubber bearing in collaboration with Central-Nexco Technical Marketing Co. Ltd. and Denka Co. Ltd. (TYO:4061). The new rubber bearing achieves a high degree of ozone resistance, employing a chloroprene rubber (CR) composition to make it 5,000 times more resistant than conventional natural rubber compounds. While Sumitomo Rubber is already...
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Sumitomo Rubber Industries Ltd. (TYO:5110) recently celebrated the 40th anniversary of the opening of its Miyazaki plant. Beginning operations in 1976, the plant now produces high-performance tires for passenger cars, trucks and buses with a monthly production volume of 9,354 tons. It manufactures more products for overseas export than any of the company’s other domestic plants. Among the roughly 2,000...
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With an ordinary income of 226.91 billion yen ($2.205 billion) in fiscal 2015, Bridgestone Corp. (TYO:5108) held the top spot among 165 major Japanese rubber manufacturers, found a survey published in the September issue of Japan Rubber and Elastomers, a monthly sister publication of Japan Rubber Weekly. For Bridgestone, this marked a 0.4 percent year-on-year decline. The number two, Toyo...
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Sumitomo Rubber Industries Ltd. (TYO:5110) has cut its full year earnings projections. According to President Ikuji Ikeda, the downward revision from the earnings projections announced in May 2016 can be attributed to the sharp appreciation of the yen. Full year sales are projected to drop 4.6 percent year-on-year to 810 billion yen ($8.09 billion), while operating profits are expected to...
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Sumitomo Rubber Industries Ltd. (TYO:5110) will use its Falken Tire brand to sponsor the 2016 DFL-Supercup, a professional soccer match in Germany scheduled for mid-August. The 2016 DFL-Supercup will be the kickoff event for the 2016–17 season, pitting the 2015–16 Bundesliga champions against the winners of the DFB-Pokal, or “German Cup,” a tournament involving pro and amateur clubs. Sumitomo Rubber...
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