Yokohama Rubber Co. Ltd. (TYO:5101) is set to launch its new 710R all-season truck and bus tire in Japan this March. Company president Masataka Yamaishi has described the new tire as being the first large-sized truck and bus tire to be domestically launched by Yokohama Rubber in the last 10 years. Offering dramatic improvements to wear resistance and uneven wear...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) has launched its new NanoEnergy M676, designed for use as an all-weather, fuel-efficient tire for trucks and buses. The NanoEnergy M676 makes use of Toyo Tires’ proprietary design technology for truck and bus tires, e-balance, along with the company’s proprietary materials design platform technology, Nano Balance Technology. In doing so, the NanoEnergy M676...
Sumitomo Rubber Industries Ltd. (TYO:5110) is set to release the Sportmax Roadsport2, a new sport radial tire for motorcycles, on March 1. The company aims to sell 10,000 of the tires for the first year. On top of the line’s existing sports performance in metrics such as grip, long life and handling, the new tire is designed to add further...
Yokohama Rubber Co. Ltd. (TYO:5101) is targeting sales of 700 billion yen ($6.56 billion), an operating profit of 70 billion yen and a return on equity of 10 percent under international financial reporting standards (IFRS) for its new medium-term management plan. Named “Grand Design 2020,” the plan is set to run through to 2020. Company president Masataka Yamaishi said that...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) announced on Jan. 15 a change in its trade name to Toyo Tire Corp. The decision by the board of directors came earlier that day, and the change is set to come into effect on Jan. 1, 2019. During an earnings briefing held on the day of the announcement, Toyo Tires President Takashi...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has established an indoor facility for testing the on-ice performance of winter tires at the company’s Tire Test Center of Hokkaido (TTCH) in Asahikawa. By establishing the new test facility, Yokohama Rubber is looking to further improve the performance of its winter tires. The new facility began operations on Jan. 5,...
