Toyo Tire & Rubber Company

Toyo Tire & Rubber Co., Ltd.

The company headquarters building in Osaka
Type	Public
Traded as	TYO: 5105
Industry	Automotive
Founded	(August 1, 1945)
Headquarters	1-17-18 Edobori, Nishi-ku, Osaka 550-8661, Japan
Key people	Akira Nobuki (Chairman of the board)
Products	Motor vehicle tires Industrial rubber products Rubber automotive parts
Revenue	US$ 3.82 billion (FY 2013) (JPY 393.78 billion) (FY 2013)
Profit	US$ 303.3 million (FY 2013) (JPY 31.24 billion) (FY 2013)
Number of employees	10,292 (consolidated, as of December 31, 2013)
Website	Official website
Footnotes / references [1][2]

Toyo Tire & Rubber Co., Ltd. (東洋ゴム工業株式会社 Tōyō Gomu Kōgyo Kabushiki-gaisha) is a tire and rubber products company based in Japan. Despite the name connotation, it is not related to, nor owned by, the Toyota Corporation.

History

The company started in 1945. In 1966, the company expanded to the United States as Toyo Tire 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.

Gallery

Formula Drift car with Toyo Tires in Long Beach, California  A typical Toyo Mud and Snow tire, the Toyo Open country A/T

References

1. "Corporate Data". Toyo Tires. Retrieved February 27, 2015.
2. "Company Profile". Bloomberg L.P. Retrieved February 27, 2015.

External links

• Toyo Tires Global (English)