Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has started supplying the BluEarth-FE AE30 as an OE tire for Nissan Motor Co. Ltd.’s (TYO:7201) new Nissan Roox, a kei-class light vehicle launched on March 19. The tire is being supplied in the size of 155/65R14 75S. The BluEarth-FE AE30 is a fuel-efficient standard tire under the BluEarth series, which...
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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...
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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...
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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...
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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...
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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...
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