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Over the years Sumitomo and Dunlop developed a close business relationship, and in 1963 the Sumitomo Group acquired control of Dunlop Japan and renamed it Sumitomo Rubber Industries Ltd. In 1985, when Dunlop Rubber was taken over by BTR plc , the company acquired the automobile tire assets of Dunlop, including the right to use the Dunlop brand ...
In 1997 Sumitomo gained agreement to use the Dunlop name in its corporate name, and changed the name of its UK subsidiary to "Dunlop Tyres Ltd." In 1999, Sumitomo and Goodyear began a joint venture by which Sumitomo continued to manufacture all Japanese-made tyres under the Dunlop name, while Goodyear Tire and Rubber Company bought 75% of the ...
In 1944, the company merged with Sumitomo Building Co., Ltd. (established August 1923; capital stock 6.5 million yen) to form Sumitomo Building and Real Estate Co., Ltd. [8] Sumitomo was integral to Imperial Japan's war machine during World War II , but the war destroyed most of Sumitomo's industrial infrastructure within Japan.
Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. As of 2012, the Thai automotive industry was the largest in Southeast Asia and the 9th largest in the world. [4] [5] [6] The Thailand industry has an annual output of near 1.5 million vehicles, mostly commercial vehicles. [6]
Sumitomo Osaka Cement* Cement: Sumitomo Precision Products: Precision machinery Sumitomo Realty & Development* Real estate: Sumitomo Riko: Rubber materials for vehicles, printers and constructions Sumitomo Rubber Industries: Tires and rubber products The Sumitomo Warehouse Co., Ltd. Warehousing *
Nearly all state enterprises delivered higher profits in 2017. The State Enterprise Policy Office (SEPO) reported that the top five state enterprises by contributions to Thai government coffers in 2017 were the Government Lottery Office (GLO) at 30.9 billion baht, PTT Public Company Limited (PTT) at 26.3 billion, the Electricity Generating Authority of Thailand (EGAT) at 21.7 billion ...
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Sumitomo Riko Co. Ltd. (住友理工株式会社, Sumitomo Rikō Kabushiki-gaisha) is a Japanese company which produces rubber and other synthetic resin products. [ 3 ] In June 2014, the company changed its corporate name from Tokai Rubber Industries to Sumitomo Riko to clarify that it is a part of the Sumitomo Group .