Japan’s four largest tire manufacturers have now all announced price increases on aftermarket tires for domestic sale. After Bridgestone Corp. (TYO:5108) announced such a price hike on June 5, Yokohama Rubber Co. Ltd. (TYO:5101) came out with its own on June 14, with Sumitomo Rubber Industries Ltd. (TYO:5110) then following suit on June 21 and Toyo Tire Corp. (TYO:5105) on...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has made a number of efforts to support “Shine On! Kids” – a charity that benefits Japanese children battling cancer or other serious illnesses, as well as the parents of these children. One of these efforts has seen the company donate a total of 16 passenger car tires to the charity,...
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Yokohama Tire Corp. (YTC), a U.S. sales subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), recently announced that it has received an Excellent Performance Award from Subaru Corp. (TYO:7270) U.S. subsidiary Subaru of Indiana Automotive Inc. (SIA). The award was granted to YTC for its supply of the Avid S34P tire, which the company provides as OE for the Subaru Impreza....
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Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it will be raising prices on its aftermarket tires in the Japanese domestic market. The change will apply to all shipments from Aug. 1 onward. This move comes as factors such as a personnel shortage cause distribution-related costs to surge, with expectations that this trend will continue going forward. The decision marks...
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The Japanese Rubber Workers’ Union Confederation has released the results of its 2019 spring labor initiative aimed at securing higher wages and bonuses for workers at major rubber companies. As part of this, the organization announced that 56 of its 58 member unions submitted wage requests, of which 49 have reached a settlement with the relevant companies. Meanwhile, 49 unions...
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Yokohama Rubber Co. Ltd.’s (TYO:5101) Yokohama Magokoro Fund, a charity initiative funded by voluntary employee donations, has contributed funding to support ChildFund Japan. As a special nonprofit organization (NPO), ChildFund Japan runs initiatives such as a sponsorship program that sees sponsors exchange letters with children in need while helping to support their growth. To bolster the donation, Yokohama Rubber has...
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