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 2020
JPY USD Revenue 790,817M 7,406.83M Gross Profit 232,179M 2,174.60M Operating income 43,388M 406.37M Income before tax 29,771M 278.83M Net income 22,596M 211.63M EBITDA 111,053M 1,040.12M Diluted EPS 85.91 0.80 Dividends Per Share 35 0.32 Total Assets 974,805M 9,441.66M Total liabilities 507,708M 4,917.50M Total equity 454,743M 4,404.50M Operating cash flow 123,504M 1,156.74M Currency in JPY Currency in USD
Historical Data Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
756,696M
877,866M
894,243M
893,310M
790,817M
Gross Profit
257,046M
266,681M
261,487M
255,299M
232,179M
Operating income
74,916M
67,719M
61,856M
53,878M
43,388M
Income before tax
70,036M
65,733M
50,349M
27,295M
29,771M
Net income
41,364M
46,979M
36,246M
12,072M
22,596M
EBITDA
126,164M
123,729M
119,221M
121,819M
111,053M
Diluted EPS
157.69
180.45
137.81
45.90
85.91
Dividends Per Share
55
55
55
55
35
Total Assets
897,634M
1,018.26B
1,002.38B
1,035.48B
974,805M
Total liabilities
438,093M
527,380M
529,576M
559,947M
507,708M
Total equity
429,316M
459,907M
457,927M
460,800M
454,743M
Operating cash flow
128,190M
76,109M
82,820M
91,458M
123,504M
Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Revenue
6,963.95M
7,828.74M
8,096.88M
8,194.69M
7,406.83M
Gross Profit
2,365.62M
2,378.24M
2,367.62M
2,341.96M
2,174.60M
Operating income
689.46M
603.91M
560.07M
494.24M
406.37M
Income before tax
644.54M
586.20M
455.88M
250.38M
278.83M
Net income
380.67M
418.95M
328.18M
110.74M
211.63M
EBITDA
1,161.10M
1,103.40M
1,079.48M
1,117.49M
1,040.12M
Diluted EPS
1.45
1.60
1.24
0.42
0.80
Dividends Per Share
0.50
0.49
0.49
0.50
0.32
Total Assets
7,696.09M
9,039.20M
9,136.24M
9,528.26M
9,441.66M
Total liabilities
3,756.10M
4,681.58M
4,826.83M
5,152.49M
4,917.50M
Total equity
3,680.85M
4,082.61M
4,173.78M
4,240.16M
4,404.50M
Operating cash flow
1,179.74M
678.73M
749.89M
838.98M
1,156.74M
Valuation Measures
Dec 2020
PER 10.32 ROA 2.24% ROE 4.93% Operating margin 5.48% Profit margin 2.85%
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%)
BlackRock Fund Advisors (2.6%)
Nomura Asset Management Co., Ltd. (2.2%)
Sumitomo Mitsui Financial Group, Inc. (1.9%)
Sumitomo Corp. (1.8%)
The Vanguard Group, Inc. (1.6%)
T. Rowe Price Associates, Inc. (Investment Management) (1.4%)
Nikko Asset Management Co., Ltd. (1.1%)
Daiwa Asset Management Co. Ltd. (1.0%)
Related Companies
DUNLOP TYRE HOKKAIDO Co., Ltd.
Lonstroff Medical Elastomer doo
Dunlop International 1902 Ltd.
Sumitomo Rubber Australia Pty Ltd.
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.
Srixon Sports Manufacturing (Thailand) Co., Ltd.
Dunlop Sports Marketing KK
Dunlop Tire Tohoku KK
Sumitomo Rubber South Africa (Pty) Ltd.
Falken Tyre Europe GmbH
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.
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 6 May, 2021
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