Financial Report

(January 1 ~ December 31, 2022)

February 14, 2023

Key Subjects

2022 Annual Financial Results Summary

Changes in Scope of Consolidation, Affiliated Companies

Financial Results Summary

2023 Annual Financial Results Forecast

Financial Results Forecast Summary

Capex, Depreciation, Tire Production Capacity etc.

Shareholder Returns

2

Changes in Scope of Consolidation

Consolidated Subsidiaries

99

Equity-method Affiliates

3

(vs 2021 year-end : +1)

(vs 2021 year-end : - )

Newly Included +4

Excluded

(3)

Newly Included -

Excluded

-

Tires

Mid Devon Tyres Limited

Dunlop Tire Trading

Darcy's Garage Limited

(Guangzhou) Co.,Ltd.

Selecta Tyre Limited

(China/Sales)

Cribb Tyre & Battery Ltd

(U.K./Sales)

Sports

Dunlop International (HK) Limited

(Hong Kong/Sales)

Dunlop International (Far East) Sdn. Bhd. (Malaysia/Sales)

Industrial & Other

3

Affiliated Companies

Manufacturing Companies

Sales Companies

Other Companies

Tires

Domestic

1

Domestic

11

Domestic

7

Overseas

8

Overseas

32

Overseas

6

Asia Pacific

4

Asia Pacific

11

Asia Pacific

2

Europe and Africa

2

Europe and Africa

18

Europe and Africa

2

Americas

2

Americas

3

Americas

2

Sports

Domestic

1

Domestic

1

Domestic

3

Overseas

3

Overseas

12

Overseas

7

Thailand, U.S., Philippines

Malaysia, U.K., Canada,

Australia, China, Hong Kong,

South Africa, South Korea,

Thailand, France, Germany

U.K.

Industrial & Other

Domestic

1

Domestic

3

Domestic

-

Overseas

5

Overseas

1

Overseas

-

Malaysia, China, Vietnam,

Hong Kong

-

Total 102

Switzerland, Slovenia

Domestic 28

Overseas 74

4

Economic Environment and Initiatives of the Group

(2022 Jan.-Dec.)

Economic Environment

Initiatives of the Group

Uncertain Economic Environment

  • Trend Toward Recovery from Effects of COVID-19
  • High Inflation & Drastic Interest Rate Hikes
  • Geopolitical Tension Due to Ukraine Situation
  • Uncertainty Surrounding Foreign Exchange and Prices

Ongoing Recovery Trends in Many Markets Soaring Freight Costs and Rising Prices for Raw Materials and Energy Costs

Strengthening our Competitiveness with a Global Business Framework

Pushing Ahead with Group-Wide Projects to Reinforce our Business Foundations Developing and Promoting Sales of Advanced Products to Meet the Needs of Customers

→Maximizing the Impact of our Robust Network of Manufacturing and Sales Bases in Major Markets around the World

Reorganizing Our Midterm Plan through 2027

5

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Disclaimer

SRI - Sumitomo Rubber Industries Ltd. published this content on 14 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2023 04:17:05 UTC.