Market Closed -
Japan Exchange
02:00:00 2024-04-25 am EDT
5-day change
1st Jan Change
1,842
JPY
-3.13%
-0.22%
+20.23%
SUMITOMO RUBBER : to Establish a Sales Company in India
Sumitomo Rubber Industries, Ltd. will establish a
sales company in India. The new company, Falken Tyre India
Private Limited, will be established as a joint venture
company of Sumitomo Rubber Asia (Tyre) Pte Ltd., a
subsidiary and Asia sales company of Sumitomo Rubber, and
Stamford Tyres Corporation Ltd. in Singapore, in order to
strengthen sales of replacement tires in India, where the
market is expected to keep growing. The new company will
start business in April 2013. Falken Tyre India will aim to enhance customer
satisfaction and expand sales of replacement tires by
supplying tires which meet the local
needs.
Outline of Falken Tyre India Private
Limited.
Capital:
INR 550 million (US$ 10 million)
Shareholders:
Sumitomo Rubber Asia (Tyre) PTE. Ltd.
(60%)
Stamford Tyres Corporation Ltd. (40%)
Location:
Republic of India
Representative:
Undecided
Business:
Sales of replacement tyres in India
Employees:
Approx. 70
Sumitomo Rubber Industries Nearly Quadruples Profit in 2023
Feb. 14
MT
Sumitomo Rubber Industries, Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending December 31, 2024
Feb. 13
CI
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2024
Feb. 13
CI
Sumitomo Rubber Industries, Ltd. Proposes Year End Dividend for the Year Ended December 31, 2023, Payable on March 29, 2024; Provides Dividend Guidance for the End of Second Quarter of Full Year Ending December 31, 2024
Feb. 13
CI
NCM Investments VII B.V. agreed to acquire Lonstroff AG from Sumitomo Rubber Industries, Ltd..
Dec. 20
CI
Sumitomo Rubber Industries' EPS Jump to 103.43 Yen in Nine Months as Sales Revenue Gains 8.9%; Revises Forecasts
Nov. 12
MT
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023
Nov. 10
CI
Sumitomo Rubber Industries, Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending December 31, 2023
Nov. 10
CI
Sumitomo Rubber Industries, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
Nov. 10
CI
Sumitomo Rubber Industries, Ltd. Announces Dividend for the Second Quarter-End of the Fiscal Year Ending December 31, 2023, Payable on September 5, 2023
23-08-07
CI
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023
23-08-07
CI
Sumitomo Rubber Industries, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
23-08-07
CI
Sumitomo Rubber Industries, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
23-05-15
CI
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Year Ending December 31, 2023
23-05-15
CI
Sumitomo Rubber Industries, Ltd. Revises Consolidated Earnings Guidance for the First Half of 2023 and Full Year Ending December 31, 2023
23-05-15
CI
Japan's Topix hits 2-1/2-month high, softer yen boosts auto stocks
23-02-15
RE
Sumitomo Rubber Industries, Ltd. Provides Consolidated Earnings Guidance for the First Half of 2023 and Full Year Ending December 31, 2023
23-02-13
CI
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Full Year Ending December 31, 2023
23-02-13
CI
Sumitomo Rubber Industries, Ltd. Announces Dividend for the Full Year Ended December 31, 2022, Payable on March 29, 2023
23-02-13
CI
LD Carbon Signs MOU with Sumitomo Rubber Industries, Ltd. for Commercialization of Sustainable Tire Raw Materials
22-12-12
CI
Sumitomo Rubber Halves Year-end Dividend as Nine-month Profit Drops 31% on Higher Freight Costs, Raw Material Prices
22-11-10
MT
Japanese shares fall on sell-off after disappointing forecasts by heavyweights
22-11-10
RE
Japanese shares fall as Honda Motor, others drag on disappointing outlook
22-11-09
RE
Sumitomo Rubber Industries, Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2022
22-11-09
CI
Sumitomo Rubber Industries, Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2022
22-11-09
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Sumitomo Rubber Industries, Ltd. is a Japan-based tire manufacturer. The Company operates in three business segments. The Tire segment manufactures and sells tires and tubes for automobiles, construction vehicles, industrial vehicles, race rallies and motorcycles. The Sports segment is engaged in the manufacture and sale of sports items, including golf clubs, golf balls and other golf-related supplies, and tennis-related supplies, as well as the operation of golf tournaments, golf and tennis schools and fitness center. The Industrial Products and Others segment offers vibration suppression dampers, printing blankets, medical precision rubber, slope for wheelchair, and fenders, among others.
More about the company
Last Close Price
1,842
JPY
Average target price
1,935
JPY
Spread / Average Target
+5.05%
Consensus
1st Jan change
Capi.
+20.23% 3.23B +14.91% 29.85B +40.26% 7.33B +21.47% 4.16B -19.03% 3.39B -9.63% 3.26B +38.68% 3.22B +19.32% 2.87B -2.03% 2.18B +8.09% 1.33B
Other Tires & Rubber Products
+951% of historical
More than 20 years
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