Tires

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...

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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...

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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...

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Bridgestone to Supply Greatec Tires as OE Option for New Isuzu Giga Truck

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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Michelin Japan to Launch New Scooter Tire That Excels at Slip Resistance, Uneven Wear Resistance

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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Michelin Japan Lines up February Launch for New Mining Tire

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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