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Falken manufacturer SRI reports strong H1 2024 results

Sumitomo Rubber Industries, Ltd. (SRI) has released its consolidated financial results for H1 2024. For the six months ended 30 June, SRI reported a sales revenue of ¥587,041 million (£3.18 billion), marking a 4.6% increase from the ¥561,161 million recorded in the same period of 2023. The company’s business profit surged by 147.6%, reaching ¥42,294 million (£229.21 million), while operating profit experienced a 149.6% increase to ¥41,951 million (£227.39 million).

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Related news:

  1. SRI profit down in H1 2023
  2. Sumitomo Rubber reports strong Q1 2024 profit growth
  3. SRI to stop Dunlop production at US plant, focusing on Falken brand
  4. Falken to exhibit 3 new tyres at The Tire Cologne
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Dunlop OE on Land Cruiser 250

Sumitomo Rubber Industries, Ltd. (SRI) has begun supplying Dunlop Grandtrek AT23 and Grandtrek PT22 tyres as factory standard tyres for the new Land Cruiser 250, launched in Japan this April. The new Land Cruiser 250 will feature Dunlop Grandtrek AT23 tyres in size 265/65R18 114V and the Grandtrek PT22 in 265/60R20 112H.

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Related news:

  1. SRI supplying Dunlop tyres to new Prius
  2. Dunlop tyres OE on latest Landcruiser
  3. SRI’s Buffalo factory to supply Japanese car makers with OE Dunlop tyres, phasing out Goodyear make to order
  4. Dunlop Enasave EC300+ OE on Mitsubish Xpander in ASEAN
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Sumitomo Rubber reports strong Q1 2024 profit growth

Sumitomo Rubber Industries (SRI) reports a 5.3 per cent year-on-year increase in sales revenue during the quarter ending 31 March 2024, to ¥291,360 million (£1,482.03 million). Business profit surged by 190.7 per cent to ¥23,183 million (£118.04 million), operating profit rose by 166.5 per cent to ¥20,696 million (£105.31 million) and profit attributable to owners of the parent jumping by 520.2 per cent to ¥24,841 million (£126.47 million).

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Related news:

  1. SRI: Lower full-year forecast despite profit bounceback
  2. SRI to “optimise” tyre business portfolio
  3. SRI profit down in H1 2023
  4. Tyre energy to power vehicle electronics
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SRI collaborating with Thai university on sustainable natural rubber research

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Sumitomo Rubber Industries, Ltd. (SRI) has commenced a collaborative research venture with Khon Kaen University, focusing on advancing techniques in rubber tree tissue culture. The Falken tyre brand manufacturer formalised this agreement at a signing ceremony held at the university’s campus in Thailand.

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Related news:

  1. SRI: New technique for examining materials within tyre rubber
  2. SRI: Testing breakthrough will lead to higher rubber yields
  3. SRI investigating vulcanisation to improve tyre performance
  4. SRI installs largest solar rooftop panel
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Sumitomo Rubber invests in Viaduct

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Sumitomo Rubber Industries (SRI) has developed its Sensing Core smart tyre technology to include a wheel security function which is set to reach production vehicles this year. Sensing Core is a flexible, sensor-less analysis and monitoring system with many different applications, including tyre pressure and wear, uneven loads and hazardous road conditions.

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Related news:

  1. Sumitomo Rubber develops wheel security system
  2. The thinking behind Bridgestone’s TomTom Telematics acquisition
  3. Transense confirms Bridgestone cooperation
  4. Myers Industries Shareholder to Vote Against Proposed Purchase
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Sumitomo Rubber develops wheel security system

Sumitomo Rubber Industries (SRI) has developed its Sensing Core smart tyre technology to include a wheel security function which is set to reach production vehicles this year. Sensing Core is a flexible, sensor-less analysis and monitoring system with many different applications, including tyre pressure and wear, uneven loads and hazardous road conditions.

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  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
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Related news:

  1. Sumitomo Rubber invests in Viaduct
  2. Translink equips 1,400-strong fleet with Wheely-Safe
  3. BRMA Statement on Self Supporting Run Flat Tyres
  4. Is there a long-term future for indirect TPMS?
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