Sumitomo Rubber Industries, Ltd. (5110) Stock Price

Sumitomo Rubber Industries operates three major business segments: Tires, Sports, and Industrial Products and Others. These businesses provide a wide range of products and services both domestically and internationally.

In the Tire business, the company manufactures and sells tires and tubes for automobiles, construction vehicles, industrial vehicles, racing and rallying, and motorcycles. The company also operates an Automotive business, handling products such as puncture sealants and tire pressure warning systems.

In the Sports business, the company manufactures and sells sports equipment including golf clubs, golf balls, and tennis products. Additionally, the company operates golf tournaments, golf schools, and tennis schools.

In the Industrial Products and Others business, the company provides high-performance rubber products, consumer goods, and infrastructure-related products. These include vibration dampers, medical-grade rubber, work gloves for cooking and industrial use, and fender materials.

Through these business segments, Sumitomo Rubber Industries meets diverse market needs both domestically and internationally. Each business maintains an integrated system from manufacturing to sales, delivering products with a focus on quality and reliability.

Sumitomo Rubber Industries is advancing structural reform and building the foundation for growth businesses based on its medium-term plan launched in 2023. Notably, the company has acquired the "Dunlop" trademark from U.S.-based Goodyear, strengthening its global expansion. Setting 2025 as a turning point, the company has formulated its long-term management strategy "R.I.S.E. 2035," establishing a clear roadmap in anticipation of future environmental changes.

"R.I.S.E. 2035" aims to continue providing new experiential value by leveraging the company's strengths in value creation processes originating from rubber and brand-building capabilities. The company has identified three growth acceleration drivers: "innovation creation based on rubber," "enhanced brand management," and "building resilient management foundations." The plan targets achieving a sustainable business structure by 2035.

Sumitomo Rubber Industries aims to advance tire premiumization by 2027 and establish a solid market position in existing businesses by 2030. By 2035, the company will continuously create innovative products and services, pursuing portfolio transformation through expansion of growth businesses. Through these initiatives, the company seeks to enhance both economic and social value.

The company also prioritizes sustainability management, having established a Sustainability Promotion Committee to advance dialogue with external stakeholders. In 2024, the company reviewed its materiality assessment and is promoting value creation activities to address social challenges. Through these efforts, the company is working toward a sustainable future.