Dunlop Sports Sales’ Strong in Final Quarter
Sumitomo Rubber’s sports division revenues grew 10% to ¥29,391 million ($198.8 mm) from ¥26,676 million last year, driven by solid golf demand in North America and South Korea thanks to good performances from its contract golf players, and the launch of its 13th generation XXIO clubs. Operating income quintupled to ¥3,582 million ($24.2 mm) against ¥685 million, primarily driven by a significant reduction in freight costs and lower ... Log in to view full article.
