With Masataka Yamaishi set to step into the role of president and representative member of the board of Yokohama Rubber Co. Ltd. (TYO:5101) on March 30, both Yamaishi and current president Hikomitsu Noji discussed the change at a press conference. It is a turning point of a year, said Noji, as 2017 marks the final year of the company’s 12-year...
hikomitsu noji
Masataka Yamaishi to Take Helm at Yokohama Rubber
Yokohama Rubber Co. Ltd. (TYO:5101) said that at its meeting of board members held on Jan. 31, the company has informally decided on multiple senior management changes set to take effect following formal approval at the general shareholders meeting on March 30, 2017. According to the company, Masataka Yamaishi will succeed Hikomitsu Noji as president and representative member of the...
Now in Its 100th Year, Yokohama Rubber Plans to Push Ahead Strongly: President Noji
2017 marks Yokohama Rubber’s one-hundredth year in business, and the company is energetically tackling the final Phase IV of its Grand Design 100 (GD100) medium-term business plan, said Yokohama Rubber Co. Ltd. (TYO:5101) President Hikomitsu Noji during a recent talk with Japan Rubber Weekly. In its tire business, Noji said that Yokohama Rubber is focusing on the global original equipment...
Yokohama Rubber Plans to Increase Annual Production Capacity to 89 Million Tires
Yokohama Rubber Co. Ltd. (TYO:5101) plans to lift its global production capacity of tires by the end of 2020 to 89 million units per annum, CEO Hikomitsu Noji recently announced. At the end of 2015, the company had an annual production capacity of 70.59 million units and has planned for 72.14 million units for the end of 2016, 74.19 million...
Yokohama Rubber Revises Down Projections for Full-year Earnings
Yokohama Rubber Co. Ltd. (TYO:5101) has revised its projections of full-year earnings for 2016, CEO Hikomitsu Noji recently revealed. Noji pointed to an appreciating yen relative to when the previous public projection was made and to a dip below the previous projection for tire sales, namely in Russia and the Americas. Additionally, Noji said that demand has been sluggish with...
Yokohama Rubber to Expand Overseas Fuel-Efficient Tire Business
Hikomitsu Noji, president of Yokohama Rubber Co. Ltd. (TYO:5101), recently spoke with the Japan Rubber Weekly about the direction of the tire and non-tire businesses under the company’s current medium-term management plan. Noji said his company will concentrate on leveraging its advanced technological prowess based on three pillars: (1) focus on the global OE market; (2) achieve a stronger presence...