Tires

Yokohama Rubber Emphasizes Truck and Bus Tire Sales Growth in Latest Management Plan

Yokohama Rubber Co. Ltd. (TYO:5101) is targeting sales of 700 billion yen ($6.56 billion), an operating profit of 70 billion yen and a return on equity of 10 percent under international financial reporting standards (IFRS) for its new medium-term management plan. Named “Grand Design 2020,” the plan is set to run through to 2020. Company president Masataka Yamaishi said that...

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Toyo Tires Announces Change to Trade Name

Toyo Tire & Rubber Co. Ltd. (TYO:5105) announced on Jan. 15 a change in its trade name to Toyo Tire Corp. The decision by the board of directors came earlier that day, and the change is set to come into effect on Jan. 1, 2019. During an earnings briefing held on the day of the announcement, Toyo Tires President Takashi...

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Yokohama Rubber Launches Indoor On-Ice Test Facility in Hokkaido

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has established an indoor facility for testing the on-ice performance of winter tires at the company’s Tire Test Center of Hokkaido (TTCH) in Asahikawa. By establishing the new test facility, Yokohama Rubber is looking to further improve the performance of its winter tires. The new facility began operations on Jan. 5,...

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CEOs of 11 Tire Makers Meet in US to Discuss Environment, Health, ELTs

CEOs from major Japanese tire manufacturers such as Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105), along with their counterparts from Europe, the U.S. and South Korea, gathered in California on Nov. 17, 2017 for a seventh meeting of global tire industry CEOs. In total, the event was attended by leaders from...

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Nippon Goodyear Announces New Tires for Passenger Cars, SUVs

Nippon Goodyear Ltd. has announced that it will release two new comfort tires on Feb. 1: the EfficientGrip Comfort, aimed at passenger vehicles, and the EfficientGrip Performance SUV, aimed at sport utility vehicles. EfficientGrip Comfort tires stand out for providing a much more comfortable ride by reducing tread pattern noise and road noise, thus making the cabin quieter. All sizes...

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Yokohama Rubber Launches New Racing Kart Tire Approved by JAF

Yokohama Rubber Co. Ltd. (TYO:5101) launched on Jan. 10 the Advan SLJ-branded ADJ racing kart tire, which meets the tire specifications of the Japan Automobile Federation (JAF). The tire comes in two sizes – 3.6×10.0-5 and 5.0×11.0-5 – and has no suggested retail price. A dry tire for cadet-class racing karts, the ADJ is based on its predecessor, the AAJ....

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