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toyo tire & rubber co ltd (5105) Details

Toyo Tire & Rubber Co., Ltd. manufactures and sells automotive tires, industrial rubber, polyurethane products, and automotive anti-vibration rubber products worldwide. The company operates through Tires and Divertech segments. The Tires segment manufactures and sells tires for a range of passenger cars, trucks, buses, and construction vehicles under the TOYO TIRES and NITTO names; and fuel-efficient tires under the NANOENERGY brand. The Divertech segment offers rubber vibration isolators, waterproof sheets, automotive cushion seats, and other products. This segment provides seismic isolation rubbers, couplings, hydraulic engine mounts, polishing pads for semiconductor manufacturing, seismic isolation rubber for buildings, road materials, heat insulation materials, and OA equipment parts. The company also offers chemical and industrial products, such as railway air springs and anti vibration rubbers, gas meter diaphragms, rubber couplings, industrial rubber cushion, resin hoses, fillers for gas and liquid contact, filtering material for microorganism embedding, and insulation materials. In addition, it provides automotive parts that include engine/motor, member/differential, and strut mounts; exhaust mounts /dynamic dampers; constant verlocity universal joint boots; urethane seat cushions; and air suspensions. Toyo Tire & Rubber Co., Ltd. founded in 1945 and is headquartered in Osaka, Japan.

10,319 Employees
Last Reported Date: 03/28/14
Founded in 1945

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toyo tire & rubber co ltd (5105) Key Developments

Toyo Tire & Rubber Supplies OE Tyre for Nissan's New NP300 Navara Pick-Up Truck

Toyo Tire & Rubber announced that it will supply its Open Country A25 tyre as original equipment (OE) for Nissan's new NP300 Navara pick-up trucks manufactured in Thailand The pick-ups will be equipped with 255/70R16 111H tyres, which are produced at the company's Malaysian plant. The tyres will be delivered through Toyo Tire (Thailand), the local sales subsidiary of Toyo Tire.

Toyo Tire & Rubber Co., Ltd. Introduces M650 Tyre for Regional Haul Trucks

Toyo Tire & Rubber Co., Ltd. has launched a new tyre, the M650, for regional haul trucks. The tyre offers improved traction and meets US Environmental Protection Agency (EPA) standards for low rolling resistance. To develop the M650 tyre with a tread depth of 28/32 inches, the company made use of its proprietary E-balance technology that extends casing life and reduces fuel consumption. In addition to the M650 tyre, Toyo also offers other SmartWay verified products including the M144 regional steer tyre, the M177 steer tyre for regional to long haul, the M137 steer tyre for long haul, the M657 drive tyre for regional to long haul, and the M157 trailer position free-rolling tyre. The development of new tyres by the company is part of its new medium-term business plan, which will guide its strategy for the next four years until 2018.

Toyo Tire & Rubber Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Period Ended September 30, 2014

Toyo Tire & Rubber Co., Ltd. reported consolidated earnings results for the nine months period ended September 30, 2014. For the period, the company reported net income of ¥23,510 million compared to ¥6,148 million a year ago. Net sales were ¥287,274 million compared to ¥268,181 million a year ago. Operating income was ¥34,010 million compared to ¥24,677 million a year ago. Ordinary income was ¥32,775 million compared to ¥24,247 million a year ago. Income before income taxes was ¥37,008 million compared to ¥12,716 million a year ago. Income before minority interests was ¥24,105 million compared to ¥6,465 million a year ago. Comprehensive income attributable to the owners of the parent was ¥25,364 million compared to ¥22,994 million a year ago.

 

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