Changes in Scope of Consolidation, Affiliated Companies
Financial Results Summary
2023 Annual Financial Results Forecast
Financial Results Forecast Summary
Capex, Depreciation, Tire Production Capacity etc.
Shareholder Returns
2
Changes in Scope of Consolidation
Consolidated Subsidiaries
99
Equity-method Affiliates
3
(vs 2021 year-end : +1)
(vs 2021 year-end : - )
Newly Included +4
Excluded
(3)
Newly Included -
Excluded
-
Tires
Mid Devon Tyres Limited
Dunlop Tire Trading
Darcy's Garage Limited
(Guangzhou) Co.,Ltd.
Selecta Tyre Limited
(China/Sales)
Cribb Tyre & Battery Ltd
(U.K./Sales)
Sports
Dunlop International (HK) Limited
(Hong Kong/Sales)
Dunlop International (Far East) Sdn. Bhd. (Malaysia/Sales)
Industrial & Other
3
Affiliated Companies
Manufacturing Companies
Sales Companies
Other Companies
Tires
Domestic
1
Domestic
11
Domestic
7
Overseas
8
Overseas
32
Overseas
6
Asia Pacific
4
Asia Pacific
11
Asia Pacific
2
Europe and Africa
2
Europe and Africa
18
Europe and Africa
2
Americas
2
Americas
3
Americas
2
Sports
Domestic
1
Domestic
1
Domestic
3
Overseas
3
Overseas
12
Overseas
7
Thailand, U.S., Philippines
Malaysia, U.K., Canada,
Australia, China, Hong Kong,
South Africa, South Korea,
Thailand, France, Germany
U.K.
Industrial & Other
Domestic
1
Domestic
3
Domestic
-
Overseas
5
Overseas
1
Overseas
-
Malaysia, China, Vietnam,
Hong Kong
-
Total 102
Switzerland, Slovenia
Domestic 28
Overseas 74
4
Economic Environment and Initiatives of the Group
(2022 Jan.-Dec.)
Economic Environment
Initiatives of the Group
Uncertain Economic Environment
Trend Toward Recovery from Effects of COVID-19
High Inflation & Drastic Interest Rate Hikes
Geopolitical Tension Due to Ukraine Situation
Uncertainty Surrounding Foreign Exchange and Prices
Ongoing Recovery Trends in Many Markets Soaring Freight Costs and Rising Prices for Raw Materials and Energy Costs
Strengthening our Competitiveness with a Global Business Framework
Pushing Ahead with Group-Wide Projects to Reinforce our Business Foundations Developing and Promoting Sales of Advanced Products to Meet the Needs of Customers
→Maximizing the Impact of our Robust Network of Manufacturing and Sales Bases in Major Markets around the World
Reorganizing Our Midterm Plan through 2027
5
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SRI - Sumitomo Rubber Industries Ltd. published this content on 14 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2023 04:17:05 UTC.
Sumitomo Rubber Industries, Ltd. is a Japan-based tire manufacturer. The Company operates in three business segments. The Tire segment manufactures and sells tires and tubes for automobiles, construction vehicles, industrial vehicles, race rallies and motorcycles. The Sports segment is engaged in the manufacture and sale of sports items, including golf clubs, golf balls and other golf-related supplies, and tennis-related supplies, as well as the operation of golf tournaments, golf and tennis schools and fitness center. The Industrial Products and Others segment offers vibration suppression dampers, printing blankets, medical precision rubber, slope for wheelchair, and fenders, among others.