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Toyo Tires

Japanese Tire Makers Achieve Record Sales in Fiscal 2024

on February 27, 2025 in Industry, Tires

The four Japanese tire makers, Bridgestone, Sumitomo Rubber, Yokohama Rubber, and Toyo Tires, have released their fiscal 2024 financial results. Although market conditions were generally harsh, all four companies posted record-high sales and record-high operating income (Bridgestone posted adjusted operating income; Sumitomo Rubber and Yokohama Rubber posted operating income), thanks in part to a tailwind from a weaker yen. On...

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Toyo Tires to Launch Proxes LuKII Premium Tire for Mini High Wagons

on February 19, 2025 in Tires

Toyo Tires will launch in March in Japan the Proxes LuKII, a premium tire exclusively for mini high wagons. Part of the the Proxes global flagship tire brand, the new tire will be available in four sizes. It inherits the quietness, firmness, high quality comfort, and wear performance of the existing Tranpath LuK, while improving wet braking performance and reducing...

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Toyo Tires Again Included in FTSE4Good Constituent

on February 12, 2025 in Tires

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...

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Toyo Tires Obtains ISCC PLUS Certification at Two Plants in Japan

on January 21, 2025 in Tires

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%...

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Toyo Tires CEO Shimizu Holds Year-End Press Conference

on December 18, 2024 in Tires

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...

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Toyo Tires Develops Digital Application for TB Tires

on December 12, 2024 in Tires

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...

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