Toyo Tire Corp. (TYO:5105) recently posted its results for the first quarter of calendar 2019, showing overall sales of 90.14 billion yen ($817.75 million) for the period. This marks a decrease of 3.8 percent from the same quarter last year. The company’s operating profit for the quarter was similarly down 4 percent year-on-year to 10.17 billion yen, with ordinary profit...
Continental Tire Japan Co. Ltd. recently announced that its EcoContact 6 tires, a series of high-performance eco-friendly tires launched in March, have been adopted as OE for the new-model Mercedes-Benz C-Class. Specifically, the front tires for the new C-Class will be 225/45R18 95Y XL EcoContact 6 MO tires, with the rear tires to be 245/40R18 97Y XL EcoContact 6 MO...
Toyo Tire Corp. (TYO:5105) recently announced that its Open Country tire series has been adopted by Toyota Motor Corp. (TYO:7203) as OE for the automaker’s new-model RAV4, which launched in North America last December. The styling of the new Toyota RAV4 conveys power befitting an SUV while also mixing this with a sense of refinement. On the practical side, the...
Bridgestone Corp. (TYO:5108) held an April 25 ceremony at the Imperial Hotel Tokyo’s Peacock Room to remember the late Yoichiro Kaizaki. Formerly president and CEO at Bridgestone, Kaizaki passed away on Jan. 20 this year at the age of 85. Around 500 people, including current and former employees as well as other industry figures, attended the ceremony to look back...
Kobe Steel Ltd. (TYO:5406) has acquired L&T Kobelco Machinery Pvt. Ltd. (LKTM) as a wholly owned subsidiary. Previously operated as a JV between Kobe Steel and Larsen & Toubro Ltd., the Indian-based firm designs, manufactures and sells a range of tire and rubber machinery, including rubber mixers and twin-screw extruders. By turning LKTM into a wholly owned subsidiary, Kobe Steel...
Radial aviation tires from Nihon Michelin Tire Co. Ltd. are set to be used for the Airbus A380 airplanes flown by All Nippon Airways Co. Ltd. (ANA). The A380 is scheduled to enter into service on May 24 for flights between Japan and Hawaii. The A380 will be fitted with the Michelin Air X radial tire. Incorporating Michelin’s proprietary Near...
