Toyo Tire Corp - Company Profile
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Toyo Tire Corp (Toyo Tire) is engaged in the manufacturing and sale of automotive tires, including passenger vehicles, light trucks, trucks, and buses. The company's main activities include producing tires for passenger vehicles, light trucks, trucks, and buses, as well as developing automotive parts such as anti-vibration rubber. It 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. It sells products through its subsidiaries, marketing channels, and distributors. The company has operations across Europe, the Americas, Oceania, and Asia, tire manufacturing facilities in Japan, the US, China, and Malaysia; automotive parts production facilities in Japan, the US, and China. Toyo Tire is headquartered in Itami, Hyogo, Japan.
Toyo Tire Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Car Tires | Toyo Tires |
| Industrial Rubber and Synthetic Resin Products | Nitto |
| Soft and Rigid Polyurethane Products | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company joined the Global Data Service Organization for Tyres and Automotive Components (GDSO), an international non-profit association promoting standardization and access to data related to tires and automotive components. |
| 2025 | Plans/Strategy | In October, the company announced its plan to launch a new R&D laboratory building on the premises of the Toyo Tire Serbia Factory. |
| 2025 | Plans/Strategy | In February, the company announced its plans to introduce the business van tire, DELVEX V-03e. |
Competitor Comparison
| Key Parameters | Toyo Tire Corp | Bridgestone Corp | The Yokohama Rubber Co Ltd | Sumitomo Rubber Industries Ltd | DN Automotive Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | South Korea |
| City | Itami | Chuo-Ku | Hiratsuka | Kobe-Shi | Yangsan |
| State/Province | Hyogo | Tokyo | Kanagawa | Hyogo | - |
| No. of Employees | 11,202 | 121,464 | 34,198 | 37,995 | 1,633 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yasuhiro Yamada | Chairman | Executive Board | 2019 | 68 |
| Takashi Shimizu | Chief Executive Officer; Director; President | Executive Board | 2022 | 65 |
| Satoru Moriya | Corporate Officer; Director; Vice President - R&D | Executive Board | 2021 | 59 |
| Kiyohito Hasumi | Corporate Officer; Director | Executive Board | 1996 | 53 |
| Kenta Kuribayashi | Corporate Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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