Toyo Tires will add one size to two tires of its Open Country series SUV tire brand, specifically the Open Country A/T Ⅲ all-terrain tire and the Open Country M/T off-road tire lineup. Both products are priced at an open price. The Open Country A/T Ⅲ is an all-terrain type product that is well-balanced for driving in a variety of...
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Toyo Tires and Doshisha University concluded in March a comprehensive collaboration agreement. The two institutions will work together to promote R&D and human resource development in order to contribute to society and promote mutual development. Based on the agreement, the partners will mutually provide and share their unique, high-value-added resources. They will accelerate the social implementation of technologies that can...
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Toyo Tires posted record highs in sales and profit for the fiscal year ending December 31, 2023. The company achieved many of the financial indicators set forth in the current mid-term business plan through 2025 ahead of schedule. Takashi Shimizu, President & CEO, said, “We will work on each of the measures to maintain the achievement of the targets, and...
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“Toyo Tires has always been committed to manufacturing products so that people will share the opinion that Toyo Tires has a taste that is different from others,” company president Takashi Shimizu said during a presentation at the Toyo Tires booth on the first day of the Tokyo Auto Salon held in January. “Tires support the driving of cars, and the...
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Toyo Tires exhibited in January a concept tire made of 90% sustainable materials at the Tokyo Auto Salon 2024 held at Makuhari Messe. The company’s tires developed using sustainable materials so far have a use ratio of 50%. The concept tire on display at the show dramatically surpasses this level of development. Sustainable materials can be broadly classified into renewable...
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The year 2023 was a year in which the rubber industry was greatly affected by the surrounding environment. The easing of semiconductor shortages led to a recovery in automobile production, the main source of demand, but higher raw material prices, electricity and other utility costs, logistics costs, labor costs, and various other costs affected business performance. The rubber industry in...
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