The year 2023 was a year in which the rubber industry was greatly affected by the surrounding environment. The easing of semiconductor shortages led to a recovery in automobile production, the main source of demand, but higher raw material prices, electricity and other utility costs, logistics costs, labor costs, and various other costs affected business performance. The rubber industry in...
Toyo Tires will exhibit at Tokyo Auto Salon 2024, one of the world’s largest custom car shows, to be held at Makuhari Messe in Chiba City from January 12-14, 2024. The company’s booth will be based on the concept of “Aggressive Sustainability with Toyo Tires”. Through the display of original custom vehicles equipped with Toyo Tires’ tires and a broad...
Toyo Tires will sequentially launch the Proxes CF3 fuel-efficient comfort tire from its global flagship tire brand Proxes series in the Japanese market from January 2024. A total of 46 sizes will be available. The Proxes CF3 is a product that combines fuel efficiency and wet grip performance at a high dimension. In designing the pattern, the company utilized its...
Toyo Tires will support the Freeride World Tour (FWT) Japan Series, an international freeride skiing and snowboarding competition to be held from January to February 2024, as the title sponsor of the “2024 Toyo Tires FWT Japan Series”. Freeride skiing and snowboarding is a winter extreme sport in which skiers compete in their technique and style by freely skiing down...
Toyo Tires President & CEO Takashi Shimizu was awarded the Medal with Blue Ribbon in the 2023 Autumn Medal of Honor. The Medal was given in recognition of his promotion of business management that contributes to the mobility society through the production and sale of automotive tires and parts, and his contribution to the development of the rubber industry as...
Tokyu Bus will be the first bus company in the world to participate in Project Tree, an initiative led by Itochu that aims to achieve traceability and sustainability of natural rubber. Itochu will further promote the project with the cooperation of Toyo Tires, which supplies tires to Tokyu Bus. Natural rubber is the main raw material used in the tires...
