Toyo Tires

Toyo Tires to Move Headquarters as Part of Centralization Initiative

Toyo Tire and Rubber Co. Ltd. (TYO:5105) will be relocating its headquarters on May 28, from Nishi-ku Ward, Osaka, to a location next to the company’s Tire Technical Center in Itami, Hyogo Prefecture. The new headquarters is set to open for business on May 29. The relocation represents an effort by Toyo Tires to centralize its operations, and will see...

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Rubber Unions Demand Average Wage Hike of 1.89%

Member unions of the Japan Rubber Workers Union Confederation (JRWUC) have submitted their wage demands at the group’s annual spring labor offensive, directing most of their efforts toward large rubber companies. Demands have been made by 52 out of a total 58 JRWUC member unions, with a total of 42 unions demanding higher monthly wages. While monthly wage demands from...

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Toyo Tires Sets Consolidated Sales Target of 480 Billion Yen for 2020

Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has released the company’s 2017 medium-term management plan, covering the four fiscal years from 2017 to 2020. The plan details the company’s aim to reach annual figures of 480 billion yen ($4.18 billion) in consolidated sales, 60 billion yen in operating profits and a 12.5-percent operating profit margin for the...

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Toyo Tires Subsidiary to Launch Nitto Brand UHP Tires and Fuel-Efficient SUV Tires

Nitto Japan Co. Ltd., a subsidiary of Toyo Tire & Rubber Co. Ltd. (TYO:5105) selling Nitto brand tires in Japan, will in February launch sales of the NT555G2 ultra high performance (UHP) tire for high-end cars and the NT421Q fuel-efficient SUV tire. The NT555G2 has inherited the stability and excellent dry-grip performance from its predecessor and has, while being a...

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Toyo Tire North America Manufacturing Inc.

Toyo Tires Expands R&D Base to Bolster North American Tire Business

Toyo Tire & Rubber Co. Ltd. (TYO:5105) will expand its research and development capabilities at its Toyo Tire North America Manufacturing Inc. (TNA) facility located in White, GA, to strengthen its North American business. Scheduled for completion during 2017, the expansion will build on the product development capabilities and the resources and personnel at the existing TNA R&D department. Established...

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Toyo Tires Improves Environmental Footprint at Sendai Plant

Toyo Tire & Rubber Co. Ltd. (TYO:5105) will start shifting from thermal energy sources to natural gas at its Sendai automobile tire manufacturing plant in Iwanuma, Miyagi Prefecture. The Sendai plant has been Toyo Tires’ manufacturing base for automobile tires for more than half a century since 1962. Until now, it has utilized the burning of coal and used tires...

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