*Renamed Dunlop Sports Co., Ltd. in May 2012. Sumitomo Rubber South Africa, with a head office in Durban, is a division of Sumitomo Rubber Industries, headquartered in Kobe, Japan. Sumitomo Rubber became majority owner of the Tonawanda facility for the first time, maintaining the Dunlop USA name. On October 1st, 2015; through its dissolution of a joint venture with another major tire manufacturer, SRI regained 100% ownership of the Tonawanda facility. “The story of SRUSA’s Tonawanda facility is one of change, challenge, and perseverance. 1966: Started production of the SP3, Japan’s first radial tire. Kobe Factory closed due to the Great Hanshin Awaji Earthquake. While they are good value, they are riskily financed, and show below average growth. Feb. 2012: Established Sumitomo Rubber AKO Lastik Sanayi ve Ticaret A.S. in Turkey. The history of Sumitomo dates back to Masatomo Sumitomo (1585 - 1652), who opened a book and medicine shop in Kyoto in the 17th century. Acquired Lonstroff Holding AG a Swiss medical rubber parts manufacturer. Sumitomo Rubber Industries Ltd (SRI), through its subsidiaries manufactures and markerts tires, sports and industrial related rubber products. 1961: Nagoya Factory commenced operations. Think logically regarding any events 3. The Sumitomo Group traces its roots to a bookshop in Kyoto founded circa 1615 by Masatomo Sumitomo, a former Buddhist monk. Thailand Agricultural Equipment Tire Factory commenced operations. With renewed commitment in the investment and success of this facility, SRUSA will embrace its history while looking forward to an even brighter future as it joins the SRI family”. Sumitomo Rubber Industries General Information Description. About Sumitomo TOP; Sumitomo in History; Chronological Table; Business Philosophy; Besshi Copper Mines; Related Facilities; Sumitomo Quotes with Enduring Value; ... Development of the Sumitomo Rubber Industries, Ltd. Development of the Sumitomo Rubber Industries, Ltd. PDF for printing. Released ENASAVE 97, 97% fossil resource-free tires. Sumitomo Rubber South Africa (Pty) Ltd (Sumitomo Dunlop) is owned by Japanese listed company Sumitomo Rubber Industries Ltd (SRI), situated in Kobe, Japan. The principles of our founder, Masatomo Sumitomo insisted upon reliability and trust over 400 years ago and the Sumitomo business spirit continues that proud tradition. On January 14th, 2016, SRUSA in Tonawanda made its first Falken tire. Brand Finance has calculated the brand value of the Sumitomo Rubber Industries brand 6 times between 2015 and 2020. Sumitomo Rubber North America, Inc. is located in Rancho Cucamonga, CA, United States and is part of the Tire Wholesalers Industry. We recommend evaluating whether the future of the company Sumitomo Rubber Industries is really as difficult as the low price of the stock suggests. TIRE BUSINESS. Dunlop U.K. established Japan’s first modern rubber factory. Timeline. The company will adopt improvement examples … About Sumitomo Rubber South Africa (Pty) Ltd VIEW OUR BRANDS. Celebrating its 90th anniversary on December 20, 2019, Sumitomo Riko was founded in Yokkaichi-shi, Mie, and it has grown and developed with the motorization of Japan by entering the automotive anti-vibration rubber business in 1954. Sumitomo Logo PNG The Sumitomo Group is one of the largest Japanese business groups. It is part of the Sumitomo Group. Find the latest dividend history for Sumitomo Rubber Industries Ltd. (SMTUF) at Nasdaq.com. For this, we will: 1. As SUMITOMO RUBBER TURKEY, we will continue to strive for new values with our consistent, independent and innovative Sumitomo Rubber business soul to reach our 2020 goal: "to continue moving to our next goal". -Sumitomo Riko is under the umbrella of Sumitomo Electric Industries and manufactures rubber and plastic products such as anti-vibration rubber, hoses, noise insulation, and interior products.. Through our main DUNLOP and FALKEN brands, Sumitomo Rubber provides many types of tires for passenger cars, trucks, buses, motorcycles and other vehicles to customers throughout Japan and all over the world while fully utilizing various advanced and eco-friendly technologies. The list of current or former Sumitomo Group members includes around 25 companies, from Mazda Motor Corporation and Nippon Sheet Glass Co Ltd to Sumitomo Rubber Industries. Masatomo wrote and left for posterity a document entitled "Monjuin Shiigaki (Founder's Precepts)," describing how a merchant should conduct business. © Sumitomo Rubber USA, LLC. Acquired Dytech-Dynamic Fluid Technologies S.p.A. (current SumiRiko Italy S.p.A.), an Italian automotive hose manufacturer, and Anvis Group GmbH (current SumiRiko AVS Holding Germany GmbH), a German automotive anti-vibration rubber manufacturer, and made them into consolidated subsidiaries Started production of the SP3, Japan’s first radial tire. Launched MIRAIE, a seismic damper for wooden houses. Formed alliance in the tire business with The Goodyear Tire and Rubber Company of the U.S. Zhongshan Factory (China) commenced operations. Development of the Sumitomo Group. More than 100 years of manufacturing expertise. SRI is one of the leading premium manufacturers of automotive tyres and industrial rubber products in the world. The tire segment, which generates the majority of revenue, sells rubber tires for automobiles and motorcycles under the Dunlop and Falken brand names. While many of them have an independent brand identity, several companies sharing the word “Sumitomo… Developed Japan’s first Formula-1 racing tire. Started production of golf and tennis balls. 1986 Sold to British Holding Company In the early 1980’s Dunlop USA was sold to British Holding Company, BTR Sumitomo Rubber USA manufactures and sells a wide range of automotive tires in the US and internationally. Jun. In late 19th century, Japan was still heavily dependent on expensive imported electric cables. Announced the prototype of a 100% fossil resource-free tire. Convocation Notice of Ordinary General Meeting of Shareholders, Board of Directors, Auditors and Executive Officers, Expanding Our Business in Europe & North America, Working to Protect Lives & Livelihoods through Our Vibration Control Business, Efforts to Make Spare Tires a Thing of the Past, Board of Directors,Auditors and Executive Officers. SUMITOMO RUBBER AUSTRALIA PTY. 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. Yasutaka II is Managing Executive Officer at Sumitomo Rubber Industries Inc. See Yasutaka II's compensation, career history, education, & memberships. Started production of rubber tubing, gloves and water pillows. All rights reserved. A CAREER AT SUMITOMO RUBBER AKO. Sumitomo Rubber Industries shares are less expensive than other comparable stocks. … If you believe that the future of the company is market … Started production of blankets for offset printing presses. Sumitomo Rubber became majority owner of the Tonawanda facility for the first time, maintaining the Dunlop USA name. DUNLOP FORT: 1963: Sumitomo assumed management of company. Miyazaki Factory commenced operations. In the early 1980’s Dunlop USA was sold to British Holding Company, BTR. There are 499 companies in the Sumitomo Rubber North America, Inc. corporate family. Falken is a registered trademark of Sumitomo Rubber Industries, Ltd. Dunlop is a registered trademark of DNA (Housemarks) Limited. Be aware of the current problem 2. In its early days, Sumitomo prospered from the trade of copper and other goods. And we reduce emergency troubles by facility diagnosis, remote … Celebrated the Company’s 100th anniversary. Find the latest SUMITOMO RUBBER INDUSTRIES (SMTUF) stock quote, history, news and other vital information to help you with your stock trading and investing. Since the Company’s founding in 1897, Sumitomo Electric Industries, Ltd. has continued to take on challenges to achieve a prosperous and dream-filled future. Integrated Sumitomo Rubber Group's sports business. LTD. has 64 employees at this location and generates $40.75 million in sales (USD). Copper refining made the company famous. Ichijima golf ball Factory commenced operations. Sumitomo Rubber Industries Ltd. (SMTUF) Payout Estimation Logic Estimates are provided for securities with at least 5 consecutive payouts, special dividends not included. Sumitomo Heavy Industries Material Handling Systems Co.,Ltd. This trend is set to continue with the Company's formal entrance into North America through the former Goodyear Dunlop Tires North America, Ltd. facility, and through planned investments into the Company's infrastructure, manufacturing … To find out more about Sumitomo Rubber Industries brand value, request the Sumitomo Rubber Industries Brand Value Report. There are 499 companies in the SUMITOMO RUBBER AUSTRALIA PTY. Company History: Sumitomo Rubber Industries, Ltd., Japan's third-largest automobile tire producer, manufactures tires under the Dunlop name in the United Kingdom, Germany, France, and the United States, as well as in its home country. Bringing global reach to Africa. is always been a leader by advanced technology which gained experience over 100 years and variety selection such as compact-medium overhead crane, super-heavy crane, continuous ship unloader, conveyor systems, and so on. Copyright c Sumitomo Rubber Industries, Ltd. All rights reserved. Located in Tonawanda, NY, a suburb of Buffalo, our expanding facility produces over 4 Million tires annually for a variety of applications. Initiatives for Improving Productivity in Japan-The Company intends to swiftly improve productivity at its plants in and outside Japan. 2011: Established Sumitomo Rubber do Brasil Ltda. LTD. corporate family. Sumitomo Rubber USA’s parent company will invest $122 million in its Town of Tonawanda manufacturing plant, signaling confidence in the facility’s tiremaking abilities. to manufacture and sell tires in Brazil. Incorporated as a Japanese corporation with \1.18 million capital. Started production of DUNLOP FORT tennis balls. We are a global brand that competes on the basis of product value and real world performance. SRI entered into a joint venture with another major tire manufacturer, whereby SRI owned 25% of the Tonawanda facility, and the other manufacturer owned 75%. Sumitomo Rubber Industries, Ltd., whose Global Headquarters is located in Kobe, Japan, has a rich and successful history dating back to 1909. Sumitomo Rubber North America, Inc. has 126 total employees across all of its locations and generates $101.56 million in sales (USD). Established a joint venture for the production and sale of tires in Turkey Brazil Factory commenced operations. The Sumitomo Group took a stake in the company. Released ENASAVE ES801, 70% fossil resource-free tires. SUMITOMO RUBBER AUSTRALIA PTY. Introducing Sumitomo Riko’s history. Merged with The Ohtsu Tire & Rubber Co., Ltd. Changshu Factory (China) commenced operations. Origins of Sumitomo Corporation Sumitomo Corporation's history dates back to the 17th century, when Masatomo Sumitomo opened a book and medicine shop in Kyoto. Sumitomo Rubber Industries, Ltd. announced Tuesday it plans to invest $122 million in its Tonawanda facility to "augment production capacity and improve overall productivity." Even today management of the group is guided by his "Founder's Precepts", written in the 17th century. Today, the facility’s layout is reminiscent of its design and growth during a period of international turbulence, war, and the threat of bombings. Acquired the DUNLOP Brand Overseas Business. Changed name to Sumitomo Rubber Industries, Ltd. 1964: Started production of golf clubs. Integrated Dunlop Falken Tyres Ltd. and SRI Hybrid Limited. Sumitomo brands include Dunlop Tyres (in certain regions of Asia, Africa, and … Dec. 2012 Sumitomo Rubber Industries, Ltd. (住友ゴム工業株式会社, Sumitomo Gomu Kōgyo Kabushiki-gaisha) is a global tire and rubber company based in Japan. Established Sumitomo Rubber (Hunan) Co., Ltd. to produce and sell tires in Changsha, Hunan Province, China. The company makes a wide range of rubber based products, including automobile tires, golf balls and tennis balls. The Sumitomo Rubber Industries brand valuation has featured in one brand ranking, the best Tyres brands. In its initial years, the Tonawanda facility produced ammunition for the US military. Ground is broken in Tonawanda, NY for what would become Dunlop’s first manufacturing facility in the United States. Masatomo left his teachings in the form of the "Founder's Precepts," in which he expounds concisely the points in conducting business. Sumitomo Rubber Industries makes and sells rubber tires, sports equipment, and other products in three segments based on product type. Ikuji Ikeda is Chairman at Sumitomo Rubber Industries Inc. See Ikuji Ikeda's compensation, career history, education, & memberships. 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. Acquired six tire plants in the UK, Germany and France. LTD. is located in Prestons, NEW SOUTH WALES, Australia and is part of the Tire Wholesalers Industry. The Sumitomo Group took a stake in the company. 1929 : Tokai Rubber founded by Zenzō Kamata in Yokkaichi (Nagoya metropolitan area) 1937 : Tokai Rubber joined the Sumitomo Group; 1954 : Started production of automotive rubber parts (Anti-vibration, hoses) Acquired Dunlop Tire Corporation in the U.S. Okayama Driving Test Course completed.