Toyo Tires has been selected as a constituent of the FTSE4Good Index Series, a leading global ESG investment index, for the sixth consecutive year. In addition, the company has been selected as a constituent of the FTSE Blossom Japan Index Series for Japanese companies since 2020 and of the FTSE Blossom Japan Sector Relative Index Series since 2022. The FTSE4Good...
Toyo Tires has acquired ISCC PLUS certification, an international certification system for sustainable products, at its Sendai Plant (Iwanuma City, Miyagi Prefecture), its main tire production facility in Japan, and its production subsidiary Fukushima Rubber (Fukushima City, Fukushima Prefecture). The company aims to increase the ratio of sustainable raw materials used in its products to 40% by 2030 and 100%...
Takashi Shimizu, President & CEO of Toyo Tires, recently spoke at a year end press conference. “Looking back on 2024, we need to maintain a strong awareness of our origins, continue to reform, and make full use of the flexibility and suppleness that are characteristic of our company. For 2025, we will strive to return to the basics, and strengthen...
Toyo Tires has developed Tire SAPRI, a digital application to monitor and manage the usage environment and conditions of truck and bus (TB) tires. The application enables the prediction of tire wear conditions, monitoring of air pressure and temperature, notification of abnormalities detected by the application, and management of installed and stored tires. In July 2020, the company announced the...
Toyo Tires will establish Toyo Tires Sales and Marketing Europe d.o.o. Indija (TSE) in Serbia, which will start sales operations in the European market from January 2025. The sales control function of Toyo Tires Holdings of Europe (TTHE), headquartered in Germany and the current European control company, will be transferred to TSE by the end of 2025. The business structure...
The four Japanese tire makers have released their first half (January-June) results for the fiscal year ending December 31, 2024. Bridgestone, Sumitomo Rubber, Yokohama Rubber and Toyo Tires all posted record-high sales and profits for the period. Although tire sales volume was slightly struggling, the external environment, including raw material prices, yen depreciation, and lower ocean freight rates, in addition...
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