Sumitomo Rubber Industries
Mr. Satoru Yamamoto (Pres, CEO & Representative Director)
Takanori Aoi (Sr. Exec. Officer)
Mr. Hidekazu Nishiguchi (Managing Exec. Officer & Director)
Summary
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
Vision
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
References
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Mr. Satoru Yamamoto (Pres, CEO & Representative Director)
Takanori Aoi (Sr. Exec. Officer)
Mr. Hidekazu Nishiguchi (Managing Exec. Officer & Director)