Toyo Tire Corp. (TYO:5105) recently announced that it has gotten on board with the UN’s Sustainable Development Goals (SDGs), drafting up a plan for how the company aims to implement these SDGs throughout its group’s business by 2030. The company has also signed the United Nations Global Compact (UNGC) to help bring about an inclusive society. Toyo Tires has already...
Japan’s four major tire manufacturers have now posted their earnings forecasts for calendar 2019, with the general trend of expectations here pointing to increased sales and decreased profits. And amid this, all four of the companies are planning increases to their production capacity. While a number of factors make 2019 a difficult year to predict – including the U.S.–China trade...
Toyo Tire Corp. (TYO:5105) recently announced that U.S. tire manufacturing subsidiary Toyo Tire North America Manufacturing Inc. (TNA) has produced its 50 millionth tire since beginning operations. The 50 millionth tire to be manufactured at TNA was a Ridge Grappler, a light truck tire sold under the Nitto brand. The series has earned itself a strong reputation for its combination...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) is focusing its sales of studless winter tires on the Winter Tranpath TX, a tire launched last year for exclusive use with boxy cars, including SUVs and minivans. The Winter Tranpath TX helps to limit the characteristic wobbling of high-roofed, boxy cars. And as a studless winter tire specialized for use with these...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has reasserted his company’s path to specializing in mobility through tires and auto parts. Shimizu pointed to the background leading up to Toyo Tires’ capital tie-up with Mitsubishi Corp. (TYO:8058) that was announced on Nov. 1, the aims from this, and how his company will be changing its name to...
Toyo Tire & Rubber Co. (TYO:5105) next spring will begin supplying the North American market with two new fuel-efficient super single tires for use in trucks and buses, lowering rolling resistance by around 6 percent from that of the company’s previous super single. The two new super single tires, the Nanoenergy M175 long-haul trailer tire and the Nanoenergy M675 long-haul...
