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...
Tires
Falken Tyre Europe Starts Supply of OE Tires for New Car Under Audi A1 Series
Falken Tyre Europe GmbH, a European sales subsidiary of Sumitomo Rubber Industries Ltd. (TYO:5110), has started to supply the Falken Azenis FK510A as an OE tire for the new Audi A1 Citycarver. The Azenis FK510A is notable for having excellent high-speed stability on both dry and wet surfaces. Such qualities have led the tire to meet with strong reviews all-round,...
Yokohama Rubber to Launch White Ribbon Tire for Classic Cars
Yokohama Rubber Co. Ltd. (TYO:5101) is readying a March 5 sales launch for the Radial 360 Steel, a white ribbon tire designed for use on classic cars. The tire features classic pattern and sidewall designs, with the sidewall also including a notable white ribbon. Its retro look gives classic cars a more vintage appearance. And while proving particularly popular in...
Yokohama Rubber Chosen Once Again for Pair of ESG-Based Stock Indexes
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has once again been selected as part of the FTSE4Good Index Series and FTSE Blossom Japan Index, two global stock indexes that are focused on environmental, social and governance (ESG) investments. This marks the 15th consecutive year that Yokohama Rubber has been included in the FTSE4Good Index Series, with the company...
Yokohama Rubber’s Tire Division Posts Decline in Sales, Profits for 2019 Despite Company Breaking Overall Records
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...
Yokohama Rubber Adds New Course to Winter Tire Test Center in Hokkaido
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...

