Toyo Tires

Toyo Tires Develops Technologies to Predict Characteristics, Optimize Structures of Rubber Materials

Toyo Tire Corp. (TYO:5105) has developed new technologies that are able to predict the characteristics and optimize the structures of rubber materials. The company is positioning these as part of Nano Balance Technology, a proprietary platform for rubber material development. To power these new technologies, Toyo Tires is employing materials informatics (MI), a field that utilizes the likes of AI...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Toyo Tires Resumes Normal Operations at Sendai Plant

Toyo Tire Corp. (TYO:5105) has resumed regular operations at its Sendai Plant in Iwanuma, Miyagi Prefecture, getting back to normal here on April 10 as planned. Toyo Tires had previously been limiting the Sendai Plant’s production in an effort to deal with the global tire demand slump brought about by COVID-19. This saw the plant’s production reduced over April 3–9...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Toyo Tires Adjusts Tire Production Setup Amid Coronavirus Impact

Toyo Tire Corp. (TYO:5105) is temporarily limiting its production to respond to the reduced global tire demand being seen as a result of the novel coronavirus. The company is making a series of production adjustments at its Sendai Plant in Iwanuma, Miyagi Prefecture, halting production over April 3–9 before before plans to resume these operations on April 10. The company...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Japan’s Major Tire Manufacturers Halt Employee Initiation Ceremonies Amid Coronavirus Concerns

Responding to the continued spread of the novel coronavirus, major tire manufacturers in Japan have decided to call off or postpone initiation ceremonies for new employees. Bridgestone Corp. (TYO:5108) is among this list, having decided to postpone its ceremonial activities. Meanwhile, Sumitomo Rubber Industries Ltd. (TYO:5110) has decided that rather than hold its usual activities for new employees, it will...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading
batch_GM、TOYO TIRE、服装自由化 (002)

Toyo Tire Relaxes Dress Code, Promoting Individuality, Stress Reduction

Toyo Tire Corp. (TYO:5105) has relaxed its dress code for the approximately 300 employees at its head office in an effort to promote individuality, and plans are to extend the new rules to other locations companywide. The company defines its relaxation of the dress code, which came into effect March 2, as recognizing the autonomy of each individual to select...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Japanese Tire Manufacturers Struggle to Predict How Coronavirus Will Impact 2020 Business Results

Japan’s four major tire manufacturers – Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tires Corp. (TYO:5105) – are all forecasting improvements at the operating profit level for calendar 2020. Bridgestone is using adjusted operating profit here, while Sumitomo Rubber and Yokohama Rubber use business profit. However, with Bridgestone noting that it is...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading