Sumitomo Rubber Industries Ltd. (TYO:5110) is set to release the Sportmax Roadsport2, a new sport radial tire for motorcycles, on March 1. The company aims to sell 10,000 of the tires for the first year. On top of the line’s existing sports performance in metrics such as grip, long life and handling, the new tire is designed to add further...
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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 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 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 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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Zeon Corp. (TYO:4205) recently revealed that it is set to supply solution-polymerized rubber to Yokohama Rubber Co. Ltd. (TYO:5101). The rubber will be sold through ZS Elastomers Co. Ltd., and is slated to be used for a white polymer that is highly reactive with silica in Yokohama Rubber’s latest studless tire, the iceGuard 6. Due to the solution-polymerized rubber’s strong...
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