Toyo Tires Sets Consolidated Sales Target of 480 Billion Yen for 2020

Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has released the company’s 2017 medium-term management plan, covering the four fiscal years from 2017 to 2020. The plan details the company’s aim to reach annual figures of 480 billion yen ($4.18 billion) in consolidated sales, 60 billion yen in operating profits and a 12.5-percent operating profit margin for the…

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