2013.03.15

Sumitomo Rubber Industries, Ltd. is pleased to announce that Sumirubber Thai Eastern Corporation Co., Ltd. (STEC), a subsidiary involved in natural rubber processing, achieved complete zero waste disposal in January of 2013.  With this step, all of our Group's 19 major production bases, both in Japan and overseas, have now achieved complete zero waste disposal status.

STEC initiated efforts to obtain ISO14001 certification beginning in February of 2012. Since then, STEC has focused on training to promote widespread employee understanding of the importance of environmental protection activities. As a result of these efforts, STEC obtained ISO14001 certification in December of 2012 and finally achieved complete zero waste disposal status this past January.

STEC Corporate Outline
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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.
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B-
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Buy
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OUTPERFORM
Number of Analysts
10
Last Close Price
1,902 JPY
Average target price
1,935 JPY
Spread / Average Target
+1.76%
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