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...
Sumitomo Rubber Industries Ltd. (TYO:5110) recently launched a new racing kart tire, the Dunlop KE-1. Compatible with not only regular but also electric karts, the KE-1 provides a good balance of steering stability, grip and long life. Available since April 1, the tire comes in two sizes and has open pricing. With the push for carbon neutrality now making its...
Sumitomo Rubber Industries Ltd. (TYO:5110) unveiled a concept tire for electric motorcycles at the 49th Tokyo Motorcycle Show, which was held over March 25–27. Based on the concept of being eco-friendly while also retaining the joy of motorcycle riding, Sumitomo Rubber aims with this tire to provide grip and handling for safe and enjoyable riding; low rolling resistance, which contributes...
Sumitomo Rubber Industries Ltd. (TYO:5110) has announced that the Sumitomo Rubber CSR Fund, which is funded by employee volunteers, will donate a total of 14.7 million yen ($120,465) across 56 organizations this year. The Sumitomo Rubber CSR Fund provides support to NPOs and volunteer organizations working on the likes of environmental conservation, disaster support, traffic safety and local issues, with...
