Dunlop Sees Profits Jump, Raises Guidance
Sales at Sumitomo Rubber’s sports division increased 10% for the first nine months to ¥64,599 million ($579.4 mm) from ¥58,743 million, driven by strong sales of golf and tennis equipment and gains from its sports facility business. Segment operating income jumped 60% to ¥4,824 million ($43.3 mm) from ¥3,016 million, leading the company to raise full-year profit ... Log in to view full article.