Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi has laid out plans to continue his company’s active focus on motorsport events this year, which marks the beginning of the company’s new medium-term management plan, “Grand Design 2020.” Yamaishi revealed his plans as part of an April 22 press conference at the Suzuka Circuit in Suzuka, Mie Prefecture, where the first...
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...
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...
Yokohama Rubber Co. Ltd. (TYO:5101) President Masataka Yamaishi has said that his company’s tire business saw robust sales of new vehicle tires for 2017, with China in particular far exceeding last year’s record. Speaking at a year-end press conference, Yamaishi noted year-on-year increases to both sales volume and revenue for retail tires, where the company’s domestic focus was on high-value-added...
Yokohama Rubber Co. Ltd.’s (TYO:5101) President Masataka Yamaishi recently disclosed details regarding the fire that occurred at the company’s main overseas factory in the Philippines. According to Yamaishi, the fire started at around 3 p.m. local time on May 14 and was put out around 11 p.m. It affected approximately 17,400 square meters in the northeast area of the east...
The new president of Yokohama Rubber Co. Ltd. (TYO:5101), Masataka Yamaishi, assumed office on March 30. This year is a milestone for Yokohama Rubber, marking the 100th anniversary of the company’s founding. President Yamaishi recently sat down with Japan Rubber Weekly to discuss his thoughts on being named president of Yokohama Rubber and a variety of other topics. On being...
