Toyo Tires
Toyo Tire Corporation (TOYO TIRE株式会社, TŌYŌ TAIYA Kabushiki-gaisha) is a tire and rubber products company based in Japan.
 | |
 The company headquarters building in Itami | |
Native name | TOYO TIRE株式会社 |
|---|---|
Romanized name | TŌYŌ TAIYA kabushiki gaisha |
| Formerly | Toyo Tire & Rubber Co., Ltd (until 2019) |
| Type | Public KK |
| TYO: 5105 | |
| Industry | Automotive |
| Founded | August 1, 1945 |
| Headquarters | Itami, Hyogo, Japan |
Area served | Global |
Key people | Takashi Shimizu (CEO) |
| Products | Motor vehicle tires Industrial rubber products Rubber automotive parts |
| Revenue |  US$ 3.82 billion (FY 2013)
(JPY 000.00 billion) (FY 2013) |
| US$ 303.3 million (FY 2013)
(JPY 31.24 billion) (FY 2013) | |
Number of employees | 12,804 (consolidated, as of December 31, 2018) |
| Website | Official website |
| Footnotes / references [1][2] | |
History
The company started in 1945. In 1966, the company expanded to the United States as Toyo Tire USA Corporation. In 1999, Nitto Tire North America was established.
Timeline
| Date | Event |
|---|---|
| August 1945 | Toyo Tire & Rubber Co., Ltd. is established |
| August 1947 | The first truck tire exported |
| July 1953 | The Itami Manufacturing Complex is opened |
| May 1956 | Ayabe Toyo Rubber Co., Ltd. is established |
| October 1959 | Toyo Soflan Co., Ltd. is established |
| December 1961 | The Central R&D Laboratories (now the Technical Research Center) is opened |
| 1963 | Car tires are exported to the United States for the first time |
| March 1964 | Chubu Soflan Kakoh Co., Ltd. (now Chubu Soflan Co., Ltd.) is established |
| September 1964 | The Hyogo Plant is opened |
| March 1965 | Tohoku Toyo Rubber Co., Ltd. (now the Sendai Plant) is established |
| July 1966 | Toyo Tire & Rubber becomes the first Japanese tire manufacturer to establish a U.S. subsidiary (Toyo Tire (U.S.A.) Corp.) |
| April 1971 | The Akashi Plant is opened |
| June 1971 | Toyo Giant Tire Co.,Ltd (presently Nippon Giant Tire Co.,Ltd) established |
| February 1974 | Toyo Tire & Rubber acquires a capital interest in Vaculug Australia Ltd. (now Toyo Tyre and Rubber Australia Ltd.) |
| March 1974 | Toyo Tire & Rubber acquires a capital interest in Fukushima Rubber Co., Ltd |
| April 1974 | The Soflan Technical Center is opened at the Hyogo Plant |
| July 1974 | T.G.K.Seals Co., Ltd. (now T.G.K. Co., Ltd.) is established |
| July 1974 | Tire Testing Course opened in Miyazaki Prefecture, Japan—the first of its kind built by a Japanese tire manufacturer |
| September 1975 | Toyo Reifen GmbH established in Germany, Neuss |
| February 1979 | Toyo Tire & Rubber forms a comprehensive business partnership with Nitto Tire Co., Ltd |
| February 1979 | Ryoto Tire Co., Ltd. (now the Kuwana Plant) is established |
| March 1982 | Alliance agreement with Continental AG concluded |
| January 1982 | Toyo Tire Canada Inc. established |
| June 1983 | The Fukushima Plant is opened |
| April 1986 | The Automotive Parts Technical Center is opened |
| November 1986 | Nippon Giant Tire Co.,Ltd. established.(J.V.company with Goodyear Tire & Rubber Company.) |
| March 1987 | New Pacific Industry Co., Ltd. is established as a joint venture with Cheng Shin Rubber Industry Co., Ltd. In the Republic of China |
| August 1988 | Dynamic Simulation Optimized Contour Theory (DSOC) is announced as a new design theory for truck and bus tire |
| November 1988 | GTY Tire Company is established as a joint venture |
| October 1989 | The High-Polymer Processing Technology Center is opened at the Fukushima Plant |
| February 1990 | Toyo Banden Nederland B.V. established |
| January 1993 | Tire Testing Course opened in Saroma, Hokkaido |
| June 1993 | Toyo Rubber(Malaysia) Sdn.Bhd. established |
| July 1995 | The Tranpath MP minivan tire is launched as the first product in the Tranpath series |
| January 1996 | Toyo Tire & Rubber acquires a capital interest in Cheng Shin-Toyo Tire & Rubber (China) Co., Ltd |
| December 1998 | The Itami Manufacturing Complex is closed |
| September 1999 | Toyo Tire & Rubber forms a business partnership with Kinugawa Rubber Industrial Co., Ltd., |
| April 2000 | The East Japan Automotive Parts Technical Center is opened |
| December 2000 | T-Mode is announced as a new basic design systems for tires |
| February 2001 | Toyo Automotive Parts (U.S.A.), Inc. is established in Kentucky, U.S.A |
| November 2001 | The main building at the Toyo Technical Center is completed |
| August 2002 | Toyo Tire & Rubber acquires a capital interest in Cheng Shin-Petrel Tire (Xiamen) Co., Ltd. (China) |
| October 2002 | A major shopping mall, Diamond City Terrace, is opened on the site of the former Itami Manufacturing Complex |
| January 2003 | Toyo Tire (Shanghai) Co., Ltd. is established as a joint venture in Shanghai, China |
| May 2003 | Toyo Rubber Chemical & Industrial Products (HK) Limited is established in Hong Kong, China |
| June 2004 | Toyo Tire North America, Inc. is established in Bartow County, Georgia U.S.A., as a tire manufacturing base |
| September 2004 | Toyo Automotive Parts (Guangzhou) Co., Ltd. is established in Guangzhou, China |
Lines of business
Manufacturing and marketing of car tires, industrial rubber and synthetic resin products, soft and rigid polyurethane products, waterproof sheets, anti-vibration rubber for automotive parts, seat cushions, and sporting goods.
Tire brands
- Toyo
- Nitto
- Silverstone
Gallery
Formula Drift car with Toyo Tires in Long Beach, California
A typical Toyo all terrain tire, the Toyo Open country A/T
References
- "Corporate Data". Toyo Tires. Retrieved February 27, 2015.
- "Company Profile". Bloomberg L.P. Retrieved February 27, 2015.
External links
- Toyo Tires Global (in English)
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