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Consumer Durables

Sumitomo Rubber Industries, Ltd.

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 JPYUSD
Revenue893,310M8,194.69M
Gross Profit255,299M2,341.96M
Operating income53,878M494.24M
Income before tax27,295M250.38M
Net income12,072M110.74M
EBITDA121,819M1,117.49M
Diluted EPS45.900.42
Dividends Per Share550.50
Total Assets1,035.48B9,528.26M
Total liabilities559,947M5,152.49M
Total equity460,800M4,240.16M
Operating cash flow91,458M838.98M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 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 2015Dec 2016Dec 2017Dec 2018Dec 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
PER29.12
ROA1.18%
ROE2.62%
Operating margin6.03%
Profit margin1.35%

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%)
  • BlackRock Fund Advisors (2.9%)
  • 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%)

Contact Details

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
Last Updated on 25 Nov, 2020

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