More than half a year has passed since Satoru Yamamoto was inaugurated as president and CEO of Sumitomo Rubber Industries Ltd. (TYO:5110) this March. Talking recently about his plans going forward, Yamamoto said that he intends to utilize the company’s globally constructed Smart Tyre Concept – which incorporates production, sales, tire development and the rollout of related services – to...
Satoru Yamamoto
Sumitomo Rubber to Reveal New Medium-Term Plan Next February
Commenting recently on the progress of his company’s Vision 2020 long-term plan, Sumitomo Rubber Industries Ltd. (TYO:5110) CEO Satoru Yamamoto noted that a number of factors that have changed since this vision was first put together. And with the changes here including raw material costs, slowing GDP growth and other such global factors, Yamamoto said that Sumitomo Rubber is now...
Sumitomo Rubber Speeds up Development Efforts Based on Smart Tyre Concept
Sumitomo Rubber Industries Ltd. (TYO:5110) is looking to accelerate the development of safe, eco-friendly products under its Smart Tyre Concept, pushing forward with this as part of a broader effort toward technological innovation. President Satoru Yamamoto said that Sumitomo Rubber in 2020 will look to embody Performance Sustaining Technology – one of five tenets under the Smart Tyre Concept –...
Sumitomo Rubber to Appoint Satoru Yamamoto as New President
Sumitomo Rubber Industries Ltd. (TYO:5110) plans to appoint Satoru Yamamoto, currently a director and senior executive officer at the company, to the role of President and CEO, effective March 26. Current CEO and president Ikuji Ikeda will then move into the role of chairman and representative director. Yamamoto has a long history of working with domestic tire replacements. Following this,...