Sumitomo Sports Sales Slide in Q3
Sumitomo Rubber’s sport division posted Q3 sales of ¥19,354 million ($180.4 mm), down 7% from ¥20,803 million last year, and the segment’s operating loss was ¥525 million ($4.9 mm) this year against a profit of ¥660 million prior. The golf business was boosted by Srixon Z-Star balls in all markets, while XXIO Cross irons sold well in Japan and ... Log in to view full article.