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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Sumitomo Rubber Industries Ltd. (TYO:5110) recently held a test-drive event for tire industry journalists at a skating rink in Higashi Yamato, Tokyo, ahead of the launch of Winter Maxx 02, the company’s latest studless tire for passenger vehicles. The Winter Maxx 02 represents the Dunlop brand’s best tire to date for on-ice performance and for durability, and it improves upon...
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Sumitomo Rubber Industries Ltd. (TYO:5110) is playing an active role in the movement of forest development and maintenance as part of its corporate social responsibility activities. On July 2, the company carried out tree-pruning activities at Tamba Romance Forest, located within Tamba Namikimichi Central Park, Sasayama City, Hyogo Prefecture. Primarily focusing on a block of trees planted back in 2013,...
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Sumitomo Rubber Industries Ltd. (TYO:5110) will use the Falken Tire brand to sponsor the 2016 DFL-Supercup, a professional soccer match in Germany scheduled for mid-August. The 2016 DFL-Supercup will kick off the 2016–17 season by pitting the 2015–16 Bundesliga champions against the winners of the German Cup, a tournament involving pro and amateur clubs. Sumitomo Rubber intends to more heavily...
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Sumitomo Rubber Industries Ltd. (TYO:5110) is once again participating in the Light-Down Campaign, an initiative led by the Ministry of the Environment to reduce carbon dioxide (CO2) emissions. On June 21, Sumitomo Rubber switched off its outdoor lights between 8 pm and 10 pm at its 478 affiliated facilities across Japan, including its headquarters in Kobe City, group companies, factories...
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