The four major Japanese tire makers have reported their first-half (January-June) results for the fiscal year ending December 31, 2023. All four companies achieved record-high sales, driven by a weak yen and a recovery in sales of tires for new vehicles. Moreover, Bridgestone, Sumitomo Rubber and Toyo Tires secured higher operating income (adjusted operating income for Bridgestone, and operating income...
Sumitomo Rubber is making progress in proprietary technologies such as Active Tread and Sensing Cores. Active Tread is the company’s proprietary, patent-pending rubber technology that switches the tread in contact with the road surface to the optimum performance according to various road surface conditions caused by changes in weather and temperature. When the road surface changes from dry to wet,...
Sumitomo Rubber will collaborate with Sumitomo Riko and Sumitomo Electric Industries to develop recycling technologies to realize the Circular Economy. In November 2022, Sumitomo Riko announced the conclusion of a joint development agreement with Lanzatech, a U.S. biotechnology company with carbon capture and conversion technology. Sumitomo Rubber and Sumitomo Electric Industries are now participating in this joint development. By collaborating...
Decoturf hard courts and Omnicourt sand-filled artificial turf for tennis have been adopted for all 39 outdoor courts (23 Decoturf and 16 Omnicourt) at Ariake Tennis Forest Park. Decoturf and Omnicourt are sold and installed by the Sumitomo Rubber subsidiaries Sports Surface and Sumigomu Sangyo, respectively. This is the third time that Decoturf has been used at Ariake Tennis Forest...
Many efforts are underway in various industries to become carbon neutral by 2050. The tire industry is no exception, and one of these efforts is the use of sustainable raw materials. In its long-term sustainability policy, “Hazumo Mirai Challenge 2050,” Sumitomo Rubber has set a goal of reducing CO2 emissions throughout the entire supply chain and increasing the ratio of...
On April 18, Sumitomo Rubber unveiled a tire manufacturing system that utilizes hydrogen energy and is being tested at the company’s Shirakawa Plant in Fukushima Prefecture. The verification experiment has been adopted as a project subsidized by the New Energy and Industrial Technology Development Organization (NEDO). At a press conference held on the same day, Sumitomo Rubber president Satoru Yamamoto...
