Latest news for Sumitomo Rubber Indus (OTC:SMTUF) Stock

SUMITOMO RUBBER INDU

Sumitomo Rubber Industries Ltd makes and sells rubber tires, sports equipment, and other products in three segments based on product type. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. The sports segment sells golf, tennis, and fitness equipment under the Srixon, XXIO, Cleveland, and Dunlop brand names. The industrial and other products segment sells rubber parts for printers, artificial turf for sporting use, floor coating materials, portable ramps, gloves, tubes, and valves. More revenue comes from Japan than any other region.

SUMITOMO RUBBER INDUS LTD by Sumitomo Rubber Industries, Ltd.

Sumitomo Rubber Industries Ltd

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries reported a significant increase in their six-month financia...

Sumitomo Rubber Reports Robust Mid-Year Growth

J.P. Morgan analyst Akira Kishimoto maintained a Hold rating on Sumitomo Rubber Industries (SMTUF – Research Report) yesterday and set a price targ...

Sumitomo Rubber Industries (SMTUF) Gets a Hold from J.P. Morgan

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has decided to cease production and dissolve its US subsidi...

Sumitomo Rubber to Dissolve US Subsidiary Amid Profit Challenges

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries has revised its financial forecast for 2024, anticipating a...

Sumitomo Rubber Revises 2024 Profit Forecast

Sumitomo Rubber Industries (JP:5110) has released an update. Sumitomo Rubber Industries reported a slight increase in sales revenue for the first n...

Sumitomo Rubber Faces Mixed Financial Performance in 2024

Goldman Sachs upgraded Sumitomo Rubber Industries (SMTUF) to Buy from Neutral with a price target of 2,100 yen, up from 1,600 yen. The firm cites t...

Sumitomo Rubber Industries upgraded to Buy from Neutral at Goldman Sachs

The latest announcement is out from Sumitomo Rubber Industries ( ($JP:5110) ). Sumitomo Rubber Industries has acquired the DUNLOP trademark and oth...

Sumitomo Rubber Acquires DUNLOP Trademark Rights from Goodyear

SMTUF

Sumitomo Rubber Indus

<ul><li>Gross cash proceeds at closing of approximately $701 million</li><li>Advances Goodyear Forward transformation plan, optimizes portfolio of brands</li><li>Goodyear to supply Dunlop tires to Sumitomo Rubber Industries pursuant to a five-year Transition Offtake Agreement in Europe</li><li>Goodyear to license back the Dunlop trademarks for use on commercial (truck) tires, and retains its rights to the Dunlop trademarks for use on motorcycle tires in Europe and Oceania</li></ul>

Comments

Sumitomo Rubber Indus

News

Latest news for Sumitomo Rubber Indus (OTC:SMTUF) Stock

Wednesday, January 08, 2025

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga