Toyo Tires

Report: Rubber Industry Faces Changes, Including Weak Yen, Naphta Prices

The environment surrounding the Japanese rubber industry has been changing due to the ongoing depreciation of the yen, the decline in naphtha prices and the slump in China. These changes are a mixture of good and bad news for the rubber industry, but since they are all external factors, it is difficult for individual companies to influence them. Japan Rubber...

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Toyo Tires to Supply SUV Tires to Toyota Teams in the Dakar Rally

Toyo Tires will renew the sponsor agreement it has concluded with Toyota Auto Body. The company will supply the Open Country M/T-R tires for pickup trucks and SUVs to the “Team Land Cruiser Toyota Autobody” (TLC), a rally team run by Toyota Motor Corporation that will participate in the Dakar Rally, to support the team’s challenge in the Dakar Rally...

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Toyota’s New Alphard Adopts Toyo Tires’ Proxes Comfort

Toyo Tires’ Proxes Comfort tires have been selected to be installed on the new Toyota Alphard, which went on sale in Japan on June 21. The tire size is 225/60 R18 100H in Japan and 225/65 R17 102H in Latin America and Southeast Asia. The new Alphard was developed in pursuit of comfortable traveling happiness for all passengers, and features...

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Toyo Tires to Open Call for Grant Aid Organizations for Fiscal 2024

Toyo Tires has begun accepting applications from July 3 through the Japan Philanthropic Association for the Toyo Tire Group Environmental Protection Fund for fiscal 2024, which supports organizations and projects that work for environmental protection and conservation and their activities. The Toyo Tire Group Environmental Protection Fund was established in 1992 to give form to the desire of employees to...

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Toyo Tires to Supply SUV Tires for the Score Baja 500

Toyo Tires and its U.S. tire sales subsidiary Toyo Tire U.S.A. will supply its Open Country series pickup truck and SUV tires to the three teams competing in the 55th Score Baja 500 to be held in Baja California, Mexico, from May 31 to June 4....

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Toyo Tires Posts First Quarter Results, Sales up 26.9%

Toyo Tires reported net sales of 129.16 billion yen ($950.06 million), up 26.9% year-on-year, for the first quarter (January-March) of the fiscal year ending December 2023. Operating income was 14.57 billion yen, down 9.9%, ordinary income 15.81 billion yen, down 23.0%, and net income of 10.88 billion yen, down 38.8%. Net sales reached a record high for the first quarter....

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