Toyo Tires Anticipates Decreased Operating Loss in Auto Parts Business for 2020

Toyo Tires Corp. (TYO:5105) is gradually reducing the operating losses of its auto parts business. While the company’s forecasts for calendar 2020 point to this business – which is focused on anti-vibration rubber – as posting another operating loss, the specific loss here is set to more than halve compared to 2018, when the company first changed the auto parts…

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