Yokohama Rubber Co. Ltd. (TYO:5101) is targeting sales of 700 billion yen ($6.56 billion), an operating profit of 70 billion yen and a return on equity of 10 percent under international financial reporting standards (IFRS) for its new medium-term management plan. Named “Grand Design 2020,” the plan is set to run through to 2020. Company president Masataka Yamaishi said that...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it has established an indoor facility for testing the on-ice performance of winter tires at the company’s Tire Test Center of Hokkaido (TTCH) in Asahikawa. By establishing the new test facility, Yokohama Rubber is looking to further improve the performance of its winter tires. The new facility began operations on Jan. 5,...
CEOs from major Japanese tire manufacturers such as Bridgestone Corp. (TYO:5108), Yokohama Rubber Co. Ltd. (TYO:5101) and Toyo Tire & Rubber Co. Ltd. (TYO:5105), along with their counterparts from Europe, the U.S. and South Korea, gathered in California on Nov. 17, 2017 for a seventh meeting of global tire industry CEOs. In total, the event was attended by leaders from...
Zeon Corp. (TYO:4205) recently revealed that it is set to supply solution-polymerized rubber to Yokohama Rubber Co. Ltd. (TYO:5101). The rubber will be sold through ZS Elastomers Co. Ltd., and is slated to be used for a white polymer that is highly reactive with silica in Yokohama Rubber’s latest studless tire, the iceGuard 6. Due to the solution-polymerized rubber’s strong...
Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it developed a giant floating fender last December. With a diameter of six meters, the new floating fender is the largest in the world. It is designed to be used for offshore cargo transfer operations of liquefied natural gas (LNG) between LNG floating production, storage and offloading units (LNG-FPSOs) and LNG tankers....
Yokohama Rubber Co. Ltd. (TYO:5101) launched on Jan. 10 the Advan SLJ-branded ADJ racing kart tire, which meets the tire specifications of the Japan Automobile Federation (JAF). The tire comes in two sizes – 3.6×10.0-5 and 5.0×11.0-5 – and has no suggested retail price. A dry tire for cadet-class racing karts, the ADJ is based on its predecessor, the AAJ....
