Sumitomo Rubber Industries, Ltd. Provides Consolidated Earnings Guidance for the First Half of 2022; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022
February 09, 2022 at 01:00 am EST
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Sumitomo Rubber Industries, Ltd. provided consolidated earnings guidance for the first half of 2022. For the first half, the company expects sales revenue of JPY 500,000 million, Business profit of JPY 12,000 million, operating profit of JPY 10,500 million, profit attributable to owners of parent of JPY 6,000 million or JPY 22.81 per share.
For the year ending December 31, 2022, the company expects sales revenue of JPY 1,050,000 million, Business profit of JPY 42,000 million, operating profit of JPY 39,500 million, profit attributable to owners of parent of JPY 24,500 million or JPY 93.16 per share.
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. Provides Consolidated Earnings Guidance for the First Half of 2022; Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022
SUMITOMO RUBBER INDUSTRIES, LTD. 
