Sumitomo Rubber posted second quarter (January-June) results for fiscal 2024, showing revenue of 587.04 billion yen ($4.03 billion), up 4.6% year-on-year; operating profit of 42.29 billion yen, up 147.6%; and net income of 38.73 billion yen, up 372.5%. Sales revenue, operating profit, and net income were all record highs for the same period. By business segment, the tire business posted...
Japan Rubber Weekly recently sat down with Shinji Seimiya, president and COO of Yokohama Rubber, to talk about the company’s latest developments. Semiya is in charge of tire design and development, as well as manufacturing, quality, and and overseeing technology and production on a global scale. Under the new mid-term management plan Yokohama Transformation 2026 (YX2026), which started this year,...
Sumitomo Rubber will launch its next-generation all-season tire Synchro Weather on October 1. It is a revolutionary tire that combines the performance of a summer tire and a studless tire, and can be used on dry, wet, icy, snowy, and other road surfaces. The new Active Tread technology, which incorporates two switches, the Water Switch and the Temperature Switch, that...
The next-generation all-season tire Synchro Weather launched by Sumitomo Rubber has been receiving a great response. The tire uses a dealer certification system to prevent sales that do not meet the needs of customers and to deepen customers’ understanding of the tire’s performance. “We are aware of the high level of interest,” company president Satoru Yamamoto, said. “The goal is...
Bridgestone will invest approximately 25 billion yen ($170 million) in its Kitakyushu Plant, a production base for tires for mining and construction vehicles, to renovate existing facilities. The investment is a strategic investment based on the medium-term business plan running through 2026 to achieve long-term aspirations for 2030, focusing on improving quality rather than expanding quantity, and strengthening the mining...
Sumitomo Rubber has unveiled its next-generation all-season tire, the Dunlop Synchro Weather. The tire is the first to feature the company’s new Active Tread technology, which changes the properties of the rubber itself in response to road conditions. With this technology, the tire has the performance of both a summer tire and a studless tire and can be used on...
