Toyo Tire & Rubber Company

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Toyo Tire & Rubber Co., Ltd.
Type Public (TYO: 5105)
Industry Manufacturing
Founded 1945
Headquarters Osaka, Japan
Products Motor vehicle tires
Revenue Decrease $3.1 billion USD (March 31, 2010)
Operating income Increase $93.1 million USD (March 31, 2010)
Profit Increase $31.8 million USD (March 31, 2010)
Employees 3,063 (As of March 31, 2009)
Website www.toyojapan.com
Formula Drift car with TOYO tires, Streets of Long Beach, California.

Toyo Tire & Rubber Co., Ltd. (東洋ゴム工業株式会社 Tōyō Gomu Kōgyo Kabushiki-gaisha?) is a tire company based in Japan.

History[edit]

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.

Statistics[edit]

Paid-In capital: 23,974,627,991 yen (as of March 31, 2007)
Number of Employees: 3,254 (as of March 31, 2007)
A typical Toyo Mud and Snow tire, The Toyo Open country A/T.

Timeline[edit]

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
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
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

External links[edit]