Sumitomo Rubber Offers Outlook on Retread Tire Business in Japan

Sumitomo Rubber Industries Ltd.’s (TYO:5110) retread tire business in Japan is influenced by an environment in which demand for new tires remains sluggish due to a slump in the tire distribution industry. Going forward, retread tires are expected to see firm market conditions because of their cost performance and reduced environmental impact. Stable tire casings of good quality can still…

Please subscribe to read the full story.Subscribe
Already a member? Log in here

,