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Toyo Tires

Four Japanese Tire Makers Post Record Sales and Profit in First Half

on August 26, 2024 in Industry, Tires

The four Japanese tire makers have released their first half (January-June) results for the fiscal year ending December 31, 2024. Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires all posted record-high sales and profits for the period. Although tire sales volume was slightly struggling, the external environment, including raw material prices, yen depreciation, and lower ocean freight rates, in addition...

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Toyo Tires Launches Two New Light Truck Tires

on May 2, 2024 in Tires

Toyo Tires on April 24 held a technical briefing on its new truck and bus tire products and announced the Delvex M135 ribbed tire for light trucks and the Nanoenergy M151 EV ribbed tire for light EV trucks. Regarding the background to the development of both tires, the company commented, “The growth of the e-commerce market has led to an...

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Toyo Tires Adds New Sizes to Open Country SUV Tire Series

on April 23, 2024 in Tires

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 Sign Collaboration Agreement

on March 22, 2024 in Industry

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 Achieves Record Highs in Sales and Profit in Fiscal 2023

on February 22, 2024 in Tires

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

on January 30, 2024 in Tires

“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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