Yokohama Rubber will appoint Shinji Seimiya, Director and Managing Executive Officer, as President and COO effective March 28. Masataka Yamaishi, President and Representative Director, will become Chairman and CEO. President-elect Seimiya has a background in tire design and development, as well as manufacturing, quality, and technology at the plant, and overseeing technology and production on a global scale. He will...
masataka yamaishi
JATMA Holds New Year’s Reception in Tokyo
On January 18, the Japan Automobile Tyre Manufacturers Association (JATMA) held its New Year’s Reception in Tokyo. JATMA chairman and president of Yokohama Rubber Masataka Yamaishi gave an opening address, saying, “The world situation is having a great impact not only on the political front, but also on the global economy. Until now, there has been a major trend of...
New Year’s Top Interview: Yokohama Rubber President Yamaishi
Yokohama Rubber President Masataka Yamaishi commented on the outlook for 2024, saying, “In 2024, we will formulate a new medium-term management plan and continue to aim for growth with profitability. Our role is to address all the issues left over from YX2023, eliminate the negative legacy, and provide the next generation with opportunities for further growth.” Looking Back at 2023...
Yokohama Rubber President Masataka Yamaishi Reflects on Turbulent 2020, Targets Record Sales Ahead
Speaking to the press recently in an online press conference, Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi reflected on 2020 and also discussed both the outlook for 2021 and the direction of the company’s new upcoming medium-term business plan. Under this plan, Yamaishi said, Yokohama Rubber’s 2023 sales will certainly exceed its 2019 sales, and the company will work...
Bridgestone’s Masahiro Higashi Named as New JATMA Chairman
The Japan Automobile Tyre Manufacturers Association (JATMA) appointed a new chairman and vice chairman at its annual general meeting on May 26, 2020. Masahiro Higashi of Bridgestone Corp. (TYO:5108) has replaced Takashi Shimizu of Toyo Tire Corp. (TYO:5105) as chairman, while Masataka Yamaishi of Yokohama Rubber Co. Ltd. (TYO:5101) has taken over from Bridgestone’s Akihiro Eto as vice chairman. This...
Yokohama Rubber Sticks to Initial Forecast for 2019 Following Release of First-Half Results
Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for the first half of calendar 2019. Based on these results, the company has stated that it will abide by its initial forecast for the full year, which points to sales revenue of 660 billion yen ($6.2 billion), operating profit of 57.5 billion yen and a net profit of 46...