Consumer Durables
Sumitomo Rubber Industries, Ltd.
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Business Summary
Sumitomo Rubber Industries, Ltd. engages in the manufacture and sale of automotive tires, aluminum wheels, and industrial rubber products. It operates through the following segments: Tires, Sports, and Industrial and Other Products. The Tires segment handles the manufacture and sale of tires and tubes for various vehicles and applications. The Sports segment manages the manufacture and sale of golf and tennis equipment and other related sporting equipment. It also covers licensing business and manages golf tournaments, golf and tennis schools and golf courses. The Industrial and Other Products segment deals with the manufacture and sale of high performance rubber, lifestyle, infrastructure, and industrial products. The company was founded in 1909 and is headquartered in Kobe, Japan.
Financial Highlights
| Dec 2019 | JPY | USD |
| Revenue | 893,310M | 8,194.69M |
| Gross Profit | 255,299M | 2,341.96M |
| Operating income | 53,878M | 494.24M |
| Income before tax | 27,295M | 250.38M |
| Net income | 12,072M | 110.74M |
| EBITDA | 121,819M | 1,117.49M |
| Diluted EPS | 45.90 | 0.42 |
| Dividends Per Share | 55 | 0.50 |
| Total Assets | 1,035.48B | 9,528.26M |
| Total liabilities | 559,947M | 5,152.49M |
| Total equity | 460,800M | 4,240.16M |
| Operating cash flow | 91,458M | 838.98M |
| Currency in JPY | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 798,483M | 756,696M | 877,866M | 894,243M | 893,310M |
| Gross Profit | 270,090M | 257,046M | 266,681M | 261,487M | 255,299M |
| Operating income | 79,038M | 74,916M | 67,719M | 61,856M | 53,878M |
| Income before tax | 83,338M | 70,036M | 65,733M | 50,349M | 27,295M |
| Net income | 71,976M | 41,364M | 46,979M | 36,246M | 12,072M |
| EBITDA | 130,457M | 126,164M | 123,729M | 119,221M | 121,819M |
| Diluted EPS | 274.38 | 157.69 | 180.45 | 137.81 | 45.90 |
| Dividends Per Share | 55 | 55 | 55 | 55 | 55 |
| Total Assets | 932,432M | 897,634M | 1,018.26B | 1,002.38B | 1,035.48B |
| Total liabilities | 480,595M | 438,093M | 527,380M | 529,576M | 559,947M |
| Total equity | 422,287M | 429,316M | 459,907M | 457,927M | 460,800M |
| Operating cash flow | 86,864M | 128,190M | 76,109M | 82,820M | 91,458M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 6,595.49M | 6,963.95M | 7,828.74M | 8,096.88M | 8,194.69M |
| Gross Profit | 2,230.95M | 2,365.62M | 2,378.24M | 2,367.62M | 2,341.96M |
| Operating income | 652.85M | 689.46M | 603.91M | 560.07M | 494.24M |
| Income before tax | 688.37M | 644.54M | 586.20M | 455.88M | 250.38M |
| Net income | 594.52M | 380.67M | 418.95M | 328.18M | 110.74M |
| EBITDA | 1,077.57M | 1,161.10M | 1,103.40M | 1,079.48M | 1,117.49M |
| Diluted EPS | 2.26 | 1.45 | 1.60 | 1.24 | 0.42 |
| Dividends Per Share | 0.45 | 0.50 | 0.49 | 0.49 | 0.50 |
| Total Assets | 7,751.21M | 7,696.09M | 9,039.20M | 9,136.24M | 9,528.26M |
| Total liabilities | 3,995.13M | 3,756.10M | 4,681.58M | 4,826.83M | 5,152.49M |
| Total equity | 3,510.42M | 3,680.85M | 4,082.61M | 4,173.78M | 4,240.16M |
| Operating cash flow | 717.49M | 1,179.74M | 678.73M | 749.89M | 838.98M |
Valuation Measures
| Dec 2019 | |
| PER | 29.12 |
| ROA | 1.18% |
| ROE | 2.62% |
| Operating margin | 6.03% |
| Profit margin | 1.35% |
Key executives
- President & Representative Director: Satoru Yamamoto
- Representative Director & Vice President: Kazuo Kinameri
- Representative Director & Vice President: Minoru Nishi
- Executive Officer: Toshihiko Komatsu
- Executive Officer & GM-Tire Overseas Sales: Naofumi Yanetani
Shareholders
- Sumitomo Electric Industries Ltd. (28.8%)
- National Mutual Insurance Fed. of Agricultural Cooperatives (2.7%)
- Nomura Asset Management Co., Ltd. (2.4%)
- Templeton Global Advisors Ltd. (2.0%)
- The Vanguard Group, Inc. (1.9%)
- Sumitomo Mitsui Financial Group, Inc. (1.9%)
- Sumitomo Corp. (1.8%)
- Templeton Investment Counsel LLC (1.7%)
- T. Rowe Price Associates, Inc. (Investment Management) (1.4%)
- Dimensional Fund Advisors LP (1.1%)
Contact Details
- Website:http://www.srigroup.co.jp
- Address: 3-6-9 Wakinohama-cho, Chuo-Ku, Kobe, 651-0072, Japan
- Phone: +81.78.265.3000
Related Companies
- Sumitomo Rubber Europe GmbH
- Sports Surface Co. Ltd.
- Dunlop International Co. Ltd.
- Sumirubber Thai Eastern Corp. Co. Ltd.
- Falken Tire Europe GmbH
- Sumitomo Rubber Latin America Ltda.
- Sumitomo Rubber AKO Lastik Sanayi ve Ticaret SA
- Sumirubber Vietnam Ltd.
- Sumitomo Rubber Do Brasil Ltda.
- Hong Kong Sumirubber Ltd.
- Zhongshan Sumirubber Precision Rubber Ltd.
- Sumitomo Rubber Middle East FZE
- Dunlop Tire CIS LLC
- Sumitomo Rubber (Thailand) Co. Ltd.
- Dunlop Tire Tohoku KK
- Sumitomo Rubber South Africa (Pty) Ltd.
- Dunlop Sports Co.Ltd.
- Sumitomo Rubber (China) Co., Ltd.
- Sumitomo Rubber (Hunan) Co., Ltd.
- Sumitomo Rubber Industries Trust
- SRITP Ltd.
- PT Sumi Rubber Indonesia
- Srixon Sports Asia Sdn. Bhd.
- Sumitomo Rubber (Changshu) Co., Ltd.
- Sumitomo Rubber Asia (Tyre) Pte Ltd.
- Danlop Tair SNG
- Dunlop Goodyear Tires Ltd.
- Micheldever Group Ltd.
- SP Tyres UK Ltd.
- Dunlop GmbH
Competitors
- Goodyear Tire & Rubber Company
- Fusheng Precision Co. Ltd.
- Honma Golf Ltd.
- Acushnet Holdings Corp.
- Callaway Golf Company
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Last Updated on 23 Sep, 2020