yokohama rubber

Japan’s Major Tire Manufacturers Halt Employee Initiation Ceremonies Amid Coronavirus Concerns

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...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Japanese Tire Manufacturers Struggle to Predict How Coronavirus Will Impact 2020 Business Results

Japan’s four major tire manufacturers – Bridgestone Corp. (TYO:5108), Sumitomo Rubber Industries Ltd. (TYO:5110), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tires Corp. (TYO:5105) – are all forecasting improvements at the operating profit level for calendar 2020. Bridgestone is using adjusted operating profit here, while Sumitomo Rubber and Yokohama Rubber use business profit. However, with Bridgestone noting that it is...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Yokohama Rubber to Launch White Ribbon Tire for Classic Cars

Yokohama Rubber Co. Ltd. (TYO:5101) is readying a March 5 sales launch for the Radial 360 Steel, a white ribbon tire designed for use on classic cars. The tire features classic pattern and sidewall designs, with the sidewall also including a notable white ribbon. Its retro look gives classic cars a more vintage appearance. And while proving particularly popular in...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Yokohama Rubber Chosen Once Again for Pair of ESG-Based Stock Indexes

Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has once again been selected as part of the FTSE4Good Index Series and FTSE Blossom Japan Index, two global stock indexes that are focused on environmental, social and governance (ESG) investments. This marks the 15th consecutive year that Yokohama Rubber has been included in the FTSE4Good Index Series, with the company...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Yokohama Rubber’s Tire Division Posts Decline in Sales, Profits for 2019 Despite Company Breaking Overall Records

Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2019. While the company’s tire division struggled for the year, overall sales revenue was up marginally year-on-year to 650.46 billion yen ($5.85 billion), with business profit down 15.4 percent to 50.13 billion yen and net profit up 17.8 percent to 41.97 billion yen. This marks a new record...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading

Yokohama Rubber Adds New Course to Winter Tire Test Center in Hokkaido

Yokohama Rubber Co. Ltd. (TYO:5101) is continuing to expand facilities at its Tire Test Center of Hokkaido (TTCH), a winter tire testing base located in the city of Asahikawa. This January, the company established a new handling course at the location with aims of putting this to use in evaluating tires for the domestic and European markets. Covered with compacted...

Please subscribe to read the full story.

[lwa template="modal" register="0"]Subscribe

Continue Reading
Send this to a friend