Sumitomo Rubber’s sports business continued to improve in the third quarter, generating a 58 percent boost in operating income to 1,646 million yen (€12.6m-$15.0m) on 24 percent higher revenues of ¥24.7 billion (€188.7m-$224.0m). Dunlop Sports’ sales of golf equipment went up in all major markets, driven by higher participation numbers, and tennis sales were also higher than a year ago. The company’s wellness business improved as well, in spite of the re-introduction of the state of emergency in Japan in reaction to the Delta variant of Covid. Sumitomo has upgraded its guidance for Dunlop Sports, predicting a profit of ¥7 billion (€53.6m-$61.4m) on sales of ¥98 billion (€750-$860m) for this year.

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