Toyo Tire Corp (Toyo Tires) manufactures and markets automotive tires. The company also sells and supplies automobile components, thermal insulation and waterproofing materials. Its product portfolio includes tires, bushes, engine mounts, CVJ boots, lane dividers and rubber hoses. Toyo Tires also offers industrial and construction materials such as rubber hoses. It markets its products under two major brands: Toyo Tires and Nitto. It sells products through its subsidiaries, marketing channels and distributors. The company has its operations across Europe, the Americas, Oceania and Asia; tires manufacturing facilities in Japan, the US, China, and Malaysia; automotive parts production facilities in Japan, the US, and China. Toyo Tires is headquartered in Itami City, Hyogo, Japan.

Headquarters Japan

Address 2-2-13, Fujinoki, Itami-Shi, Hyogo, 664-0847


Telephone 81 72 7899100

No of Employees 10,324

Industry Automotive

Ticker Symbol & Exchange 5105 (TYO)

Revenue (2021) $3.5B 14.5% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 253.9% (2021 vs 2020)

Market Cap* $1.7B

Net Profit Margin (2021) XXX 208.8% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products Brands
Car Tires Toyo Tires
Industrial Rubber and Synthetic Resin Products Nitto
Soft and Rigid Polyurethane Products
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Others In September, the company announced to liquidate Toyo Tyre Australia Pty Ltd, an Australian sales subsidiary.
2020 Corporate Changes/Expansions In December, the company announced to start building Serbia factory.
2020 Contracts/Agreements In April, the company entered into a partnership with JAOS to improve the business in the SUV and 4WD market.
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Competitor Comparison

Key Parameters Toyo Tire Corp Bridgestone Corp Sumitomo Rubber Industries Ltd The Yokohama Rubber Co Ltd Nexen Tire Corp
Headquarters Japan Japan Japan Japan South Korea
City Itami-Shi Chuo-Ku Kobe-Shi Minato-Ku Yangsan
State/Province Hyogo Tokyo Hyogo Tokyo -
No. of Employees 10,324 135,636 40,055 27,222 4,221
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Yasuhiro Yamada Chairman Executive Board - -
Takashi Shimizu Director; President; Chief Executive Officer Executive Board - -
Tatsuo Mitsuhata Corporate Officer; Director Executive Board 2021 -
Satoru Moriya Corporate Officer; Director Executive Board 2021 -
Takehiko Sasamori Director; Corporate Officer Executive Board - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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