Yokohama Rubber Co. Ltd. (TYO:5101) on July 16 launched sales of its LT751R all-season tire for community buses. The tire excels in resistance to uneven wear as well as to wear in general. The tire comes in one size, 205/80R17.5 120/118L, with open pricing. The LT751R tire has been specially developed for use on community buses, which operate on routes...
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Major Japanese Tire Firms Plan Price Hikes in Response to Surging Distribution Costs
Japan’s four largest tire manufacturers have now all announced price increases on aftermarket tires for domestic sale. After Bridgestone Corp. (TYO:5108) announced such a price hike on June 5, Yokohama Rubber Co. Ltd. (TYO:5101) came out with its own on June 14, with Sumitomo Rubber Industries Ltd. (TYO:5110) then following suit on June 21 and Toyo Tire Corp. (TYO:5105) on...
Yokohama Rubber Donates to Charity for Children With Serious Illnesses
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has made a number of efforts to support “Shine On! Kids” – a charity that benefits Japanese children battling cancer or other serious illnesses, as well as the parents of these children. One of these efforts has seen the company donate a total of 16 passenger car tires to the charity,...
Yokohama Rubber Receives Supplier Award from Subaru in US
Yokohama Tire Corp. (YTC), a U.S. sales subsidiary of Yokohama Rubber Co. Ltd. (TYO:5101), recently announced that it has received an Excellent Performance Award from Subaru Corp. (TYO:7270) U.S. subsidiary Subaru of Indiana Automotive Inc. (SIA). The award was granted to YTC for its supply of the Avid S34P tire, which the company provides as OE for the Subaru Impreza....
Yokohama Rubber to Raise Domestic Prices on Aftermarket Tires by 3%
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it will be raising prices on its aftermarket tires in the Japanese domestic market. The change will apply to all shipments from Aug. 1 onward. This move comes as factors such as a personnel shortage cause distribution-related costs to surge, with expectations that this trend will continue going forward. The decision marks...
Rubber Unions, Companies Settle on Wage Increases for 2019
The Japanese Rubber Workers’ Union Confederation has released the results of its 2019 spring labor initiative aimed at securing higher wages and bonuses for workers at major rubber companies. As part of this, the organization announced that 56 of its 58 member unions submitted wage requests, of which 49 have reached a settlement with the relevant companies. Meanwhile, 49 unions...