Toyo Tire Corp. (TYO:5105) President Takashi Shimizu recently revealed that his company is performing well in the U.S. market, giving insight into the company’s operations here as part of a recent results announcement for the first half of calendar 2020. Commenting on these regional operations, Shimizu said that things are going quite well for Toyo Tires in the U.S., with...
Toyo Tire Corp. (TYO:5105) is planning an Aug. 1 launch in Japan for the Delvex M935, a studless tire model to be made available in 14 sizes. In designing the Delvex M935, Toyo Tires strove for high levels of both ice performance and wear resistance for use with light trucks running on winter roads, where conditions are continually changing. The...
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...
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...
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...
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...
