Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2019. While the company’s tire division struggled for the year, overall sales revenue was up marginally year-on-year to 650.46 billion yen ($5.85 billion), with business profit down 15.4 percent to 50.13 billion yen and net profit up 17.8 percent to 41.97 billion yen. This marks a new record...
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Yokohama Rubber Co. Ltd. (TYO:5101) is continuing to expand facilities at its Tire Test Center of Hokkaido (TTCH), a winter tire testing base located in the city of Asahikawa. This January, the company established a new handling course at the location with aims of putting this to use in evaluating tires for the domestic and European markets. Covered with compacted...
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Bridgestone Corp. (TYO:5108) is set to begin supplying its Greatec brand of tires as an OE option for use on Isuzu Motors Ltd.’s (TYO:7202) new Giga truck, which hit the Japanese market in December 2019. The Greatec brand has so far been largely geared toward the North American market. Tires at the rear of large trucks are typically mounted in...
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Nihon Michelin Tire Co. Ltd. is targeting spring 2020 to begin a gradual rollout of the Michelin City Grip 2 scooter tire, which possesses excellent resistance to both slippage and uneven wear. The tire will be available in 31 sizes with no set pricing. The new tire marks an upgrade over the original Michelin City Grip, which was launched in...
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Nihon Michelin Tire Co. Ltd. is planning a Feb. 3 launch for the Michelin XDR3, a new tire for use with mining equipment. The tire will be offered in the size of 27.00R49. Since stopping mining equipment means putting a halt to work, the industry has a need for long-life tires that rarely break down. Companies are also calling for...
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Toyo Tire Corp. (TYO:5105) is making a push to unify its branding across tire sidewalls and more. Up until now, Toyo Tires has branded many of its tire sidewalls simply with “Toyo.” But starting with the Open Country series of SUV tires, which has been made available in a wider lineup of sizes as of last December, the company is...
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