Sumitomo Rubber Industries, Ltd. Reports Consolidated Earnings Results for the Quarter Ended March 31, 2021
May 12, 2021 at 03:30 am EDT
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Sumitomo Rubber Industries, Ltd. reported consolidated earnings results for the quarter ended March 31, 2021. For the period, the company reported sales revenue JPY 213,688 million against JPY 190,794 million a year ago. Operating profit was JPY 15,584 against JPY 2,753 million a year ago. Profit attributable to owners of parent was JPY 10,669 against loss attributable to owners of parent of JPY 3,403 million a year ago. Comprehensive income was JPY 29,374 million against comprehensive loss of JPY 32,050 million a year ago. Basic profit per share was JPY 40.57 against basic loss per share of JPY 12.94.
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.
SUMITOMO RUBBER INDUSTRIES, LTD. 
