A representative of Sumitomo Rubber has been awarded “Mentor of the Year 2022” by CenTiRe, a U.S. tire technology consortium. The Mentor of the Year award was created this year to recognize those who have made the greatest contribution in terms of guidance and support to academic researchers. CenTiRe is an industry-government-academia consortium involving the National Science Foundation (NSF), Virginia...
Sumitomo Rubber Industries, in collaboration with partners including Tohoku University, Kanazawa University and Saitama University, has succeeded in an experiment leading to the improvement of natural rubber varieties. The experiment identified the section of a natural rubber synthesizing enzyme that is important for controlling the chain length of natural rubber. By incorporating the section into an enzyme derived from tomatoes,...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has signed on to the UN Global Compact (UNGC), being added to the list of participating countries on May 19. One of the world’s largest sustainability initiatives, the UNGC sees the UN come together with companies and other organizations for joint efforts toward building a healthy global society. Those signed on...
The first quarter of calendar 2022 saw Sumitomo Rubber Industries Ltd. (TYO:5110) post IFRS-based results that included 250.51 billion yen ($1.96 billion) in sales revenue, marking a 17.2 percent year-on-year increase. The tire business contributed to that amount with 210.87 billion yen of sales revenue, up 16.9 percent, as well as a 20.5 percent year-on-year increase in operating profit to...
Sumitomo Rubber Industries Ltd. (TYO:5110) has started supplying its Dunlop SP Sport Maxx 060 as an OE tire for the bZ4X, the latest model battery electric vehicle (BEV) from Toyota Motor Corp. (TYO:7203) that is launching this May. The same tire has also been selected as OE for the Solterra, another new BEV unveiled by Subaru Corp. (TYO:7270) last November....
Sumitomo Rubber Industries Ltd. (TYO:5110) has succeeded at shortening the analysis period in its development of rubber materials. By taking Wavebase – a cloud-based platform service that Toyota Motor Corp. (TYO:7203) provides for materials analysis – and leveraging it as part of its data science efforts, the company has been able to optimize the process of analyzing data from cutting-edge...
