Toyo Tires

Toyo Tires Achieves Record Highs in Sales and Profit in Fiscal 2023

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 Presents Open Country and Proxes Brands at Tokyo Auto Salon

“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 Exhibits Concept Tire Made from 90% Sustainable Materials

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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Review of the Japanese Rubber Industry in 2023

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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Toyo Tires to Exhibit at Tokyo Auto Salon 2024

Toyo Tires will exhibit at Tokyo Auto Salon 2024, one of the world’s largest custom car shows, to be held at Makuhari Messe in Chiba City from January 12-14, 2024. The company’s booth will be based on the concept of “Aggressive Sustainability with Toyo Tires”. Through the display of original custom vehicles equipped with Toyo Tires’ tires and a broad...

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Toyo Tires to Launch Proxes CF3 Fuel-Efficient Comfort Tires in Japan

Toyo Tires will sequentially launch the Proxes CF3 fuel-efficient comfort tire from its global flagship tire brand Proxes series in the Japanese market from January 2024. A total of 46 sizes will be available. The Proxes CF3 is a product that combines fuel efficiency and wet grip performance at a high dimension. In designing the pattern, the company utilized its...

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