Toyo Tires President & CEO Takashi Shimizu was awarded the Medal with Blue Ribbon in the 2023 Autumn Medal of Honor. The Medal was given in recognition of his promotion of business management that contributes to the mobility society through the production and sale of automotive tires and parts, and his contribution to the development of the rubber industry as...
Tokyu Bus will be the first bus company in the world to participate in Project Tree, an initiative led by Itochu that aims to achieve traceability and sustainability of natural rubber. Itochu will further promote the project with the cooperation of Toyo Tires, which supplies tires to Tokyu Bus. Natural rubber is the main raw material used in the tires...
Toyo Tires supplied and supported Open Country R/T tires for pickup trucks and SUVs at the XCR Sprint Cup Hokkaido held from September 8-10 in Obihiro City, Hokkaido. Masato Kawabata of the team Flex Show Aikwa Racing with Toyo Tires won his class in the 5th round, the Rally Hokkaido. The XCR Sprint Cup Hokkaido is a new cross-country vehicle...
Toyo Tires will install a mega solar power generation system with a capacity of 14 MW at its tire plant Toyo Tyre Malaysia (TTM) in Perak, Malaysia. In order to reduce CO2 emissions, TTM will install the largest mega solar system in Perak on a 96,000 square meter space on the roof of the plant building. Following the successful completion...
Toyo Tires has published its Integrated Report 2023, the first annual report to disclose the group’s financial and non-financial information in an integrated manner. In its medium-term management plan, Mid-Term ’21 Plan, the company stated that it will contribute to the realization of a sustainable society by incorporating sustainability and ESG into its business management to solve social issues and...
The four major Japanese tire makers have reported their first-half (January-June) results for the fiscal year ending December 31, 2023. All four companies achieved record-high sales, driven by a weak yen and a recovery in sales of tires for new vehicles. Moreover, Bridgestone, Sumitomo Rubber and Toyo Tires secured higher operating income (adjusted operating income for Bridgestone, and operating income...
