Toyo Tires will establish Toyo Tires Sales and Marketing Europe d.o.o. Indija (TSE) in Serbia, which will start sales operations in the European market from January 2025. The sales control function of Toyo Tires Holdings of Europe (TTHE), headquartered in Germany and the current European control company, will be transferred to TSE by the end of 2025. The business structure...
Bridgestone will increase the production capacity of its main Japanese domestic production bases for premium passenger car larger rim diameter tires (18-inch and larger tires for Europe, the U.S., and the Middle East, and 17-inch and larger tires for other markets) at its Hikone Plant (Hikone City, Shiga Prefecture), Tosu Plant (Tosu City, Saga Prefecture), and Nasu Plant (Nasushiobara City,...
Yokohama Rubber will participate in a public road test of trunk line transportation by Level 4 self-driving trucks conducted by T2, a company that develops self-driving trucks, and will conduct tire verification. The vehicle will be equipped with new truck and bus tires scheduled for release next spring to verify the performance required of tires for self-driving trucks. In the...
Mitsuboshi Belting posted sales of 45.45 billion yen ($295.59 million), up 8.1% year-on-year, operating income of 4.55 billion yen, up 9.9%, ordinary income of 4.29 billion yen, down 23.6%, and net income of 6.09 billion yen, up 69.5% for the first half (April to September) of the fiscal year ending March 31, 2025. Sales and net income reached record highs...
Fukoku, a leading manufacturer of automotive rubber parts, posted sales of 44.59 billion yen ($289.88 million), up 3.8% year-on-year, operating income of 2.06 billion yen, up 94.5%, ordinary income of 2.22 billion yen, up 59.8%, and net income of 1.54 billion yen, up 47.2% in the first half (April to September) of the fiscal year ending March 31, 2025. “Net...
Bando Chemical announced that for the first half (April to September) of the fiscal year ending March 31, 2025, sales revenue was 58.10 billion yen ($377.63 million), up 7.7% year-on-year; core operating income was 4.12 billion yen, up 9.3%; and net income was 3.30 billion yen, down 10.2%. “Sales and operating income increased, but net income decreased due to a...
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