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Sumitomo Rubber Industries Ltd (5110.T)

5110.T on Tokyo Stock Exchange

2,114JPY
19 Oct 2017
Change (% chg)

¥18 (+0.86%)
Prev Close
¥2,096
Open
¥2,110
Day's High
¥2,125
Day's Low
¥2,104
Volume
1,037,500
Avg. Vol
1,208,296
52-wk High
¥2,141
52-wk Low
¥1,599

Latest Key Developments (Source: Significant Developments)

Sumitomo Rubber Industries to repurchase shares
Tuesday, 29 Aug 2017 02:57am EDT 

Aug 29(Reuters) - Sumitomo Rubber Industries Ltd <5110.T>:Says it will repurchase up to 9.1 million shares of its common stock, representing 3.5 percent of outstanding, for up to 21 billion yen, from Sept. 8 to Dec. 22.  Full Article

Sumitomo Rubber Industries to merge with Dunlop Sports
Tuesday, 29 Aug 2017 02:51am EDT 

Aug 29(Reuters) - Sumitomo Rubber Industries Ltd <5110.T>:Says it will merge with Dunlop Sports Co Ltd <<<7825.T>>>, effective Jan. 1, 2018 and Dunlop Sports will be dissolved after the merger, and will be delisted from Tokyo Stock Exchange first section on Dec. 27.Says Dunlop Sports will transfer entire shares in a Kobe-based firm, which is a JV of the two companies, transaction date on Dec. 28.Says the company will merge with the JV, effective Jan. 1, 2018, and the JV will be dissolved after the merger .  Full Article

Sports Direct completes sales of Dunlop brand
Monday, 3 Apr 2017 07:41am EDT 

Sports Direct International Plc : Completion of sale of Dunlop brand .Completed sale of its rights to Dunlop brand of Sumitomo Rubber Industries Ltd for $137.5 mln.  Full Article

Sumitomo Rubber Industries completes acquisition of Micheldever Group
Sunday, 12 Feb 2017 09:56pm EST 

Sumitomo Rubber Industries Ltd <5110.T> : Says it completes acquisition of UK-based firm Micheldever Group Ltd on Feb. 10 (UK local time) .Previous plan was disclosed on Jan. 5.  Full Article

Sumitomo Rubber Industries to set up JV in Japan with unit
Tuesday, 27 Dec 2016 10:06pm EST 

Sumitomo Rubber Industries Ltd <5110.T>: Says it to set up a JV in Japan with unit Dunlop Sports Co Ltd in the first half year of 2017, for management of DUNLOP trademark right and DUNLOP brand sporting goods business as well as licensing business .Says the JV to be capitalized at 6 billion yen and the co to hold 66.7 percent stake in it.  Full Article

Dunlop Sports to set up JV in Japan
Tuesday, 27 Dec 2016 09:55pm EST 

Dunlop Sports Co Ltd <7825.T>: Says it to set up a JV in Japan with its parent company in the first half year of 2017 . Says the JV to be engaged in management of DUNLOP trademark right and DUNLOP brand sporting goods business, as well as licensing business .Says the JV to be capitalized at 6 billion yen and the co to hold 33.3 percent stake in it.  Full Article

Sumitomo Rubber to spend about 9 bln yen on an American tire plant - Nikkei<5110.T>
Thursday, 4 Aug 2016 05:29pm EDT 

NIKKEI: Sumitomo Rubber Industries will spend about 9 billion yen to double production capacity at an American tire plant - Nikkei .Sumitomo Rubber Industries sees group sales to climb 1 percent to 860 billion yen for fiscal year ending December 31; targets sales of 1.2 trln yen in 2020 - Nikkei.  Full Article

Sumitomo Rubber Industries to adopt International Financial Reporting Standards
Friday, 12 Feb 2016 01:30am EST 

Sumitomo Rubber Industries Ltd:Says to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japanese Accounting Standards.IFRS effective from financial report for Q4 of FY ending Dec. 2016.  Full Article

Sumitomo Rubber Industries to issue year-end dividend for FY 2015
Friday, 12 Feb 2016 01:30am EST 

Sumitomo Rubber Industries Ltd:To issue a year-end dividend of 30 yen per share to all the shareholders of record as of Dec. 31, for FY ended Dec. 2015.Payment date March 31.Says latest dividend forecast was 25 yen per share.  Full Article

Sumitomo Rubber Industries to merge with subsidiary
Thursday, 5 Nov 2015 02:30am EST 

Sumitomo Rubber Industries Ltd:To merge with its 75 pct owned subsidiary, which has been engaged in the sales of tyre for new car use in Tokyo, Japan.Effective date Jan. 1, 2016.After the transaction, Sumitomo Rubber Industries will be the surviving company and the subsidiary will be dissolved.  Full Article

BRIEF- Sumitomo Rubber Industries to repurchase shares

* Says it will repurchase up to 9.1 million shares of its common stock, representing 3.5 percent of outstanding, for up to 21 billion yen, from Sept. 8 to Dec. 22