Toyo Tires

Japanese tire manufacturing company

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)

This article needs to be updated. Please help update this article to reflect recent events or newly available information. (October 2019)

|

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Toyo Tires" – news · newspapers · books · scholar · JSTOR (October 2019) (Learn how and when to remove this message)

|

(Learn how and when to remove this message)

Toyo Tire Corporation

The company headquarters building in Itami

Trade name

| Toyo Tires

Native name

| TOYO TIRE（トーヨータイヤ）株式会社

Romanized name

| TŌYŌ TAIYA kabushiki gaisha
Formerly| Toyo Tire & Rubber Co., Ltd (until 2019)
Company type| Public KK

Traded as

| TYO: 5105
Industry| Automotive
Founded| August 1, 1945; 79 years ago (1945-08-01)
Headquarters| Itami, Hyogo, Japan

Area served

| Global

Key people

| Takashi Shimizu
(CEO)
Products| Motor vehicle tires
Industrial rubber products
Rubber automotive parts
Revenue|  JPY 497 billion (FY 2022)

Net income

|  JPY 48 billion (FY 2022)

Number of employees

| 12,804 (consolidated, as of December 31, 2018)
Website| www.toyotires-global.com
Footnotes / references
[1][2]

Toyo Tire Corporation (TOYO TIRE（トーヨータイヤ）株式会社, TŌYŌ TAIYA Kabushiki-gaisha), commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

Toyo Tires posted net sales of 497B Japanese yen for fiscal year 2022. It is the eleventh largest tire company in the world based on 2022 revenue.

## History

[edit]

The company started in 1945. In 1966, the company [3] expanded to the United States as Toyo Tire USA Corporation. In 1999, Nitto Tire North America was established.

## Timeline

[edit]

This article is in list format but may read better as prose. You can help by converting this article, if appropriate. Editing help is available. (April 2012)

|

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

[edit]

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

[edit]

* Toyo
* Nitto
* Silverstone

## Sponsorship

[edit]

Toyo has sponsored off-road Trophy Truck drivers including Robby Gordon, Kyle LeDuc, BJ Baldwin, Tavo Vildósola, Gus Vildósola, Andy McMillin and Bryce Menzies. As well as rally and stunt driver Ken Block.

Meanwhile, Nitto has sponsored the King of the Hammers rock crawling race, and drifting drivers Vaughn Gittin (since 2013), Chelsea DeNofa (since 2017), Ryan Tuerck (since 2019), Fredric Aasbø (since 2020), and Adam LZ (since 2021).

In 1988, Toyo began an exclusive sponsorship deal with legendary Australian rally and touring car driver Colin Bond who was running a Ford Sierra RS500 in the Australian Touring Car Championship. Using largely experimental tyres as at the time Toyo were relatively new to making Racing slick tyres compared to their opposition (in Australian touring car racing the other tyre manufacturers of the time were Dunlop, Bridgestone, Yokohama, Pirelli and Avon), Bond would finish 3rd in the championship in 1988 as well as winning the Amaroo Park based AMSCAR series. He then teamed with 1980 Formula One World Drivers' Champion and former Network Alfa team mate Alan Jones to finish 3rd in the 1988 Tooheys 1000 at Bathurst before finishing 2nd outright in the Asia-Pacific Touring Car Championship. After a lean year in 1989, Bond and the Toyo's returned to prominence in the 1990 Australian Touring Car Championship, winning the Lakeside and Mallala rounds of the 8 round series to eventually finish the title in 4th place. Bond continued to run Toyo tyres on his teams cars (the Sierra's were followed in 1993 by Toyota Corolla Seca AE93's) until shutting his team down at the end of 1993. Bond and team mate John Smith had placed 3rd and 2nd respectively in the Corolla's in the 1993 Australian 2.0 Litre Championship.

The company has also sponsored the Ultimate Fighting Championship mixed martial arts promotion from 2006 to 2008 and later since 2011.

Since 2012, the company has been sponsoring Toyo Tires F1600 Championship Series, an Ontario-based Formula Ford racing series.

## Gallery

[edit]

* Formula Drift car with Toyo Tires in Long Beach, California

* A typical Toyo all terrain tire, the Toyo Open country A/T

* Proxes R39A, original equipment of Mazda 2 / Demio

* Robby Gordon's Toyo-sponsored truck at the 2018 Speed Energy Formula Off-Road

* Vaughn Gittin's Nitto-sponsored car at a 2013 drifting event

## References

[edit]

1. ^ "Corporate Data". Toyo Tires. Retrieved February 27, 2015.
2. ^ "Company Profile". Bloomberg L.P. Retrieved February 27, 2015.
3. ^ "Where Are Toyo Tires Made?". Auto EMC. September 3, 2022.

## External links

[edit]

* Toyo Tires Global (in English)

Portals:

* Japan
* Companies

* v
* t
* e

Automotive industry in Japan

* Automotive industry
* Economy of Japan
* Transport in Japan

Companies|

| Vehicle producers|

| Native
manufacturers|

* Aspark
* ASL
* Duesen Bayern
* GLM
* Honda
* Acura
* Marusho
* Isuzu
* UD Trucks
* Jiotto
* Kawasaki
* Kawasaki Motors
* Mazda
* Amati
* Autozam
* Ẽfini
* Eunos
* M2
* Xedos
* Mitsubishi
* Mitsubishi Heavy Industries
* Mitsubishi Motors (66%)
* Mitsubishi Fuso (10.71%)
* Mitsuoka
* Nissan
* Cony
* Datsun
* Infiniti
* Kurogane
* Ohta
* Otomo
* Prince
* Shatai
* Tama
* Sony Honda Mobility
* Subaru Corporation
* Blitzen
* Subaru
* Suzuki
* Hope
* Takeoka
* Toyota
* Daihatsu
* Scion
* Lexus
* Hino
* WiLL
* Yamaha

|

Foreign subsidiaries|

* Ford
* General Motors
* Stellantis

Active factories|

* Toyota Factories

Defunct factories|

* Zama

Components|

* Aisin
* Akebono Brake
* BluE Nexus
* Bridgestone
* Clarion
* Denso
* Denso Ten
* GS Yuasa
* Hitachi Astemo
* Keihin
* Nissin
* Showa
* HKS
* IHI Corporation
* Jatco
* JECS
* JTEKT
* Kawasaki
* Kayaba Industry
* Mabuchi Motor
* Marelli Holdings
* Mikuni
* Mitsuba Corporation
* Nachi-Fujikoshi
* NHK Spring
* Nidec
* Nisshinbo
* Niterra
* NSK
* NTN Corporation
* PIAA
* Shindengen Electric Manufacturing
* Stanley Electric
* Sumitomo Riko
* Sumitomo Rubber Industries
* Takata Corporation
* THK
* Tokico
* Topre
* Topy Industries
* Toyo Tires
* Toyota Boshoku
* Tsubakimoto Chain
* Yanmar
* Yazaki Corporation
* Yokohama Rubber Company
* Zexel

Motorsport and
tuners|

* Autech
* Blitz
* Dome
* Enkei
* GReddy
* HKS
* Honda Racing
* Impul
* JUN Auto
* Kojima
* Mazdaspeed
* Mine's
* Mugen Motorsports
* Nismo
* Ralliart
* Rays Wheels
* RE Amemiya
* SARD
* Spoon Sports
* SSR Wheels
* Subaru Tecnica International
* Tein
* Toda Racing
* Tommykaira
* Top Secret
* TOM'S
* Toyota Gazoo Racing
* Toyota Racing Development
* Veilside
* WedsSport
* Work Wheels

Services|

* Autobacs Seven
* Yanase Imported Cars

Related topics|

* Japan Automobile Manufacturers Association
* Tokyo Motor Show
* Tokyo Auto Salon
* Used vehicle exporting
* National Highway
* Expressways
* Kei car/Kei truck

* Note: Defunct companies and marques above are shown in italics

* * *

* Category
* Commons

Authority control databases

International|

* ISNI
* VIAF

National|

* Japan

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template