Toyo Tires

Toyo Tires Sets Consolidated Sales Target of 480 Billion Yen for 2020

Toyo Tire & Rubber Co. Ltd. (TYO:5105) President Takashi Shimizu has released the company’s 2017 medium-term management plan, covering the four fiscal years from 2017 to 2020. The plan details the company’s aim to reach annual figures of 480 billion yen ($4.18 billion) in consolidated sales, 60 billion yen in operating profits and a 12.5-percent operating profit margin for the...

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Toyo Tires Subsidiary to Launch Nitto Brand UHP Tires and Fuel-Efficient SUV Tires

Nitto Japan Co. Ltd., a subsidiary of Toyo Tire & Rubber Co. Ltd. (TYO:5105) selling Nitto brand tires in Japan, will in February launch sales of the NT555G2 ultra high performance (UHP) tire for high-end cars and the NT421Q fuel-efficient SUV tire. The NT555G2 has inherited the stability and excellent dry-grip performance from its predecessor and has, while being a...

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Toyo Tire North America Manufacturing Inc.

Toyo Tires Expands R&D Base to Bolster North American Tire Business

Toyo Tire & Rubber Co. Ltd. (TYO:5105) will expand its research and development capabilities at its Toyo Tire North America Manufacturing Inc. (TNA) facility located in White, GA, to strengthen its North American business. Scheduled for completion during 2017, the expansion will build on the product development capabilities and the resources and personnel at the existing TNA R&D department. Established...

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Toyo Tires Improves Environmental Footprint at Sendai Plant

Toyo Tire & Rubber Co. Ltd. (TYO:5105) will start shifting from thermal energy sources to natural gas at its Sendai automobile tire manufacturing plant in Iwanuma, Miyagi Prefecture. The Sendai plant has been Toyo Tires’ manufacturing base for automobile tires for more than half a century since 1962. Until now, it has utilized the burning of coal and used tires...

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Toyo Tires to Release Tires Based on New Nanolevel Research

Toyo Tire & Rubber Co. Ltd. (TYO:5105) continues to advance its Nano Balance Technology, announcing on Nov. 17 the Nano Tan Delta Simulation for nanolevel analysis and the Nano Dynamic Search for nanolevel research. These developments come after five years of work on the technology, which was first established in 2011. Nano Balance Technology involves the observation, projection, functionality creation...

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Toyo Tires Releases New Tire Model for Off-road Kei Cars

Toyo Tire & Rubber Co. Ltd. (TYO:5105) recently released the Open Country R/T, a new tire model designed for off-road kei cars. The tire establishes an entirely new genre, filling the gap between mud-terrain and all-weather tires. It targets the growing number of people who enjoy off-roading in SUV/CUV-style kei cars. The tire is designed to meet both on and...

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