Sumitomo Rubber Industries, Ltd.

Tokyo Stock Exchange 5110.T

Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2023: 8.17%

Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) is 8.17% for the year ending December 31, 2023, a 173.05% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 2.99%, a -50.23% change year over year.
Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 6.01%, a 31.35% change year over year.
Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 4.58%, a 5.01% change year over year.
Sumitomo Rubber Industries, Ltd. Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 4.36%, a -46.25% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

Tokyo Stock Exchange: 5110.T

Sumitomo Rubber Industries, Ltd.

CEO	Mr. Satoru Yamamoto
IPO Date	Jan. 1, 2001
Location	Japan
Headquarters	3-6-9, Wakinohama-cho
Employees	39,975
Sector	Materials
Industries Composite Materials Athletics & Sports Automotive Parts Eyewear Footwear Glass Leisure Plastics

Description

Sumitomo Rubber Industries, Ltd., together with its subsidiaries, offers tires, sports, and industrial and other products in Japan, rest of Asia, Europe, North America, and internationally. The company manufactures and sells a range of tires for various vehicles, such as passenger cars, trucks, buses, motorcycles, construction vehicles, agricultural vehicles, and race and rally cars, as well as for industrial vehicles under the Dunlop and Falken brands; and aluminum wheels. It also manufactures and sells golf clubs and balls under the XXIO, SRIXON, and Cleveland Golf brand names; and tennis rackets and balls under the Dunlop brand name, as well as manages fitness clubs, and golf and tennis schools. In addition, the company offers rubber parts for medical applications, precision rubber parts for office equipment, vibration control dampers, artificial turf for sporting facilities, rubber gloves, rubber gas tubes, portable wheelchair ramps, water cushions and cooling packs, and ladies inner wear. The company was formerly known as Dunlop Rubber Company (Far East) Ltd. and changed its name to Sumitomo Rubber Industries, Ltd. in 1963. Sumitomo Rubber Industries, Ltd. was founded in 1909 and is headquartered in Kobe, Japan.

Key trends

Past 5 years