Toyo Tire & Rubber Co. Ltd. (TYO:5105) and Kyoto-based electric vehicle (EV) maker GLM Co. Ltd. have agreed to collaborate in developing a suspension module for EVs. The two partners aim to develop an active air suspension system that adapts to road conditions to alleviate shaking and vibration, with a commercial product to come sometime during 2020. GLM will provide...
Toyo Tire & Rubber Co. Ltd. (TYO: 5105) will set up booths for its Toyo Tires and Nitto brands at Tokyo Auto Salon 2018, which is to be held at Makuhari Messe from Jan. 12, 2018. The Toyo Tires booth will showcase the brand’s worldview of supporting a true driving experience in an immersive and dynamic space. The booth will present...
Toyo Tire & Rubber Co. Ltd. (TYO:5150) announced that the company received the 2017 Good Design Award for three new tire brands that it launched this year. This marks the seventh straight year that Toyo Tires has received the Good Design Award. Out of the three brands that won the award, two were Toyo Tire brands – Open Country A/T...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) recently unveiled its new Noair airless concept tire to the press. Despite not needing to be inflated with air, the concept tire successfully meets the basic requirements for regular tires, and can be utilized at speeds of up to 120 kilometers per hour. Since starting research into airless tires in 2006, Toyo Tires...
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
Toyo Tire & Rubber Co. Ltd. (TYO:5105) announced on July 28 the transfer of its chemical industrial products business run by the company’s tire division. The transfer will exclude operations pertaining to isolation rubber for construction. Takashi Shimizu, the company’s president, recently spoke about the transfer, saying that the decision to divest its business involved in chemical industrial products and...
