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Sumitomo Rubber Industries

Sumitomo Rubber Industries
Leadership team

Mr. Satoru Yamamoto (Pres, CEO & Representative Director)

Takanori Aoi (Sr. Exec. Officer)

Mr. Hidekazu Nishiguchi (Managing Exec. Officer & Director)

Products/ Services
Manufacturing, Plastics and Rubber Manufacturing
Number of Employees
20,000 - 50,000
Headquarters
Kobe, Kyoto, Japan
Established
1917
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TYO:5110
Overview
Location
Summary
Sumitomo Rubber Industries, Ltd., together with its subsidiaries, offers tires, sports, and industrial and other products in Japan, rest of Asia, Europe, North America, and internationally. It manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dunlop and Falken brands. The company also manufactures and sells golf clubs, balls, gears, and other related goods under the XXIO, SRIXON, and Cleveland Golf brand names; and tennis rackets, shoes, apparel, accessories, and other products under the Dunlop and SRIXON brand names, as well as manages fitness clubs, and golf and tennis schools. In addition, it offers rubber parts for medical applications, rubber parts for office equipment, vibration control dampers, artificial turf for sporting facilities, civil works and marine facilities, floor coating, rubber gloves, gas tubes, portable wheelchair ramps, water cushions and cooling packs, and ladies' inner wear. The company was formerly known as Dunlop Rubber Company (Far East) Ltd. and changed its name to Sumitomo Rubber Industries, Ltd. in 1963. Sumitomo Rubber Industries, Ltd. was founded in 1909 and is headquartered in Kobe, Japan.
History

The company traces its origins to 1909, when the Sumitomo Group made an investment in Dunlop Japan, the newly formed Japanese subsidiary of the British company Dunlop Rubber. Over the years Sumitomo and Dunlop developed a close business relationship, and in 1963 the Sumitomo Group acquired control of Dunlop Japan and renamed it Sumitomo Rubber Industries Ltd.

In 1985, when Dunlop Rubber was taken over by BTR plc, the company acquired the automobile tire assets of Dunlop, including the right to use the Dunlop brand on automobile tires. The acquisition did not include the US and Australian businesses, which were separately owned, but in 1986 Sumitomo also acquired the Dunlop Tire Corporation of the US from its management.In 1997, Sumitomo formed a joint venture with Goodyear Tire and Rubber Company, by which Goodyear and Sumitomo agreed to manufacture tires for each other's markets, including Dunlop branded tires. As part of the agreement, Goodyear acquired 75% interests in Dunlop Tyres, the UK company which Sumitomo had formed, and in Dunlop Tire Corporation. Goodyear and Sumitomo also made investments in each other.On 14 February 2014, Goodyear announced its intention to dissolve its partnership with Sumitomo due to alleged "anticompetitive conduct". On June 4, 2015, Goodyear announced the end of its joint venture with SRI, effective end of year 2015. The brand Dunlop will be shared between the 2 companies:

in North America, Goodyear will control the Dunlop brand for replacement tires and for new cars made by non-Japanese auto makers. Sumitomo Rubber will hold rights to the Dunlop brand for new cars made by Japanese auto makers, as well as for motorcycles

in most parts of Europe, Goodyear will control the Dunlop brand

in Japan, Sumitomo Rubber will retain rights to the Dunlop brandIn December 2013 Sumitomo Rubber Industries acquired Apollo Tyres South Africa Ltd from Apollo Tyres, which owned the Dunlop tyre brand in South Africa, as part of its strategic global development plans. It subsequently renamed the company Sumitomo Rubber South Africa Ltd.

Sumitomo Rubber South Africa manufactures the Dunlop, Sumitomo and Falken passenger car tyre brands in Ladysmith, KwaZulu-Natal.

The Ladysmith plant began to produce Dunlop truck and bus radial tyres in July 2018, following the second of two large investments by Sumitomo Rubber Industries to upgrade and modernise the plant.

Dunlop truck and bus radial tyres produced in Ladysmith will be sold in the South African market and will also be exported to several African states from 2019.

Mission
Our mission is to develop tires that are reliable and safe, provide the highest levels of customer satisfaction, and remain committed to innovations, powered by our rich heritage in the tire industry.
Vision
Our vision is to be the leading global tire manufacturer, committed to being at the forefront of international trends in tire technology, safety and sustainability.
Key Team

Tomohiko Masuta (Sr. Exec. Officer)

Mr. Kiyoshige Muraoka (Sr. Exec. Officer & Director)

Mr. Masatsugu Nishino (Sr. Exec. Officer & Director)

Eiichi Masuda (Sr. Exec. Officer)

Mr. Kazuo Kinameri (VP & Representative Director)

Mr. Hideaki Kawamatsu (Head of the Sports Bus. HQ & Sr. Exec. Officer)

Yasuo Watanabe (Sr. Exec. Officer)

Recognition and Awards
Sumitomo Rubber has been recognized for its innovation and achievements in the tire industry. The company has been awarded the International Video Contest Prize at the Tokyo Motor Show and has been recognized by the Automotive Engineers Association of Japan Award for the World’s Best Tires. Sumitomo Rubber has also won the Gold Gold Award at the Geneva International Motor Show and won the Autoworld International Tire Innovation Award for its advanced technology.
References

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Sumitomo Rubber Industries
Leadership team

Mr. Satoru Yamamoto (Pres, CEO & Representative Director)

Takanori Aoi (Sr. Exec. Officer)

Mr. Hidekazu Nishiguchi (Managing Exec. Officer & Director)

Products/ Services
Manufacturing, Plastics and Rubber Manufacturing
Number of Employees
20,000 - 50,000
Headquarters
Kobe, Kyoto, Japan
Established
1917
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
TYO:5110