Yokohama Rubber Co. Ltd. (TYO:5101) has released its business results for the combined first three quarters (January–September) of the fiscal year ending Dec. 31, 2017, showing strong performance. For this period, the company reported 466.79 billion yen ($4.12 billion) in net sales, up 13.8 percent year-on-year, and 26.38 billion yen in operating profit, up 39.7 percent. Meanwhile, ordinary profit was...
Yokohama Rubber Co. Ltd. (TYO:5101) held a special ceremony on Oct. 13 to commemorate and express its gratitude for 100 years in business. A total of 660 people, including business partners and customers, attended the ceremony and congratulated Yokohama Rubber on the achievement. Speaking at the event, Yokohama Rubber Chairman Tadanobu Nagumo looked back on the handful of visionaries that...
Yokohama Rubber Co. Ltd. (TYO:5101) will provide Advan racing tires for vehicles competing in China’s 64th Macau Grand Prix, a four-day event running from Nov. 16–19. Yokohama Rubber supplied tires for the race for 33 straight years until 2015. After a one-year hiatus, this will be the Japanese tire manufacturer’s 34th year of providing racers with their tires in Macau....
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
Yokohama Rubber Co. Ltd. (TYO:5101) announced on Aug. 31 that it has begun supplying its Geolandar G055 tires to FCA US LLC for use as original equipment (OE) in the automaker’s new Jeep Compass. The model went on sale in North America this June. Developed using Yokohama Rubber’s advanced BluEarth tire technology, the Geolandar G055 SUV tire’s utility performance allows...
Yokohama Rubber Co. Ltd.’s (TYO:5101) President Masataka Yamaishi recently disclosed details regarding the fire that occurred at the company’s main overseas factory in the Philippines. According to Yamaishi, the fire started at around 3 p.m. local time on May 14 and was put out around 11 p.m. It affected approximately 17,400 square meters in the northeast area of the east...
