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May 13, 2012

Yokohama's 1Q sales-to-income ratio is 6.5%

Yokohama Rubber Co. Ltd. posted net income of 8.8 billion yen on net sales of 135.3 billion yen for the first quarter ended March 31, 2012.

Tags: Earthquake, Great East Japan earthquake, OE tires, Yokohama financials

March 7, 2012

RMA: nearly 6 million more units in 2012

Tire shipments in 2012 are projected to increase by approximately 2% -- nearly 6 million units -- to 290 million units, according to the Rubber Manufacturers Association (RMA).

Tags: Earthquake, Fuel prices, OE tires, RMA, Tire shipments

<p>The Ascend is the first mass-produced tire utilizing orange oil technology, says King. It also is the first tire with orange oil manufactured in the U.S. (at Yokohama's Salem, Va., plant).</p>
February 9, 2012

Yokohama's King addresses pricing, the economy, and a new tire: the Avid Ascend

Price increases, raw material shortages and supply problems were major issues that confronted retail tire dealers in 2011, according to Dan King, senior vice president of sales and marketing for Yokohama Tire Corp.

Tags: Dan King, Earthquake, Orange oil, Raw material costs, Tire labeling, Touring tires, Yokohama Avid

February 7, 2012

Sales are up, profitability is down for Toyo

Toyo Tire & Rubber Co. Ltd. posted net income of 4.1 billion yen on net sales of 241.6 billion yen for the first nine months of its 2011 fiscal year. That compares to income of 5.1 billion yen on sales of 226.5 billion yen for the same period the previous year.

Tags: Earthquake, Raw material costs, Toyo Financials

January 9, 2012

Yokohama CEO: Japan still recovers from tsunami

Yasushi Tanaka assumed the reins as Yokohama Tire Corp.’s (YTC) president and CEO in July, 2011. Tanaka came from YTC’s parent company, Tokyo, Japan-based Yokohama Rubber Co. Ltd. (YRC), where he was instrumental in developing the company’s Grand Design 100 corporate philosophy.

Tags: Earthquake, Takao Oishi, Yasushi Tanaka, Yokohama financials

December 11, 2011

Flood in Thailand is affecting aircraft tire supply

The destructive and deadly flood that hit Thailand two months ago is expected to affect the airlline industry, specifically the supply of bias aviation tires.

Tags: Aircraft tires, Earthquake

<p><span style="font-size: x-small;"><span style="font-size: 10pt;">"At Yokohama also, we have a highly committed group of individuals that have a wealth of industry experience and which have developed a unique culture as a team," says Phillips. </span></span></p>
December 4, 2011

Yokohama: Truck tire demand will remain high

With product shortages and cost increases in raw materials, it's been a tumultuous year in the commerical tire industry.

Tags: Earthquake, Raw material costs, Rick Phillips, Truck tires

November 20, 2011

Yokohama: six-month income drops as sales rise

Yokohama Rubber Co. Ltd. recorded net income of 294 million yen on net sales of 258.2 billion yen for the first six months of fiscal 2011 ended Sept. 30. That compares to income of 1.2 billion yen on sales of 238.3 billion yen for the same period last year.

Tags: Earthquake, Price increase, Raw material costs, Yokohama financials

October 28, 2011

DENSO cannot completely overcome 1Q results

DENSO Corp. posted net income of 23.3 billion yen on net sales of 1.4 trillion yen for its fiscal first half ending Sept. 30, 2011.

Tags: DENSO financials, Earthquake, Nobuaki Katoh

September 15, 2011

Yokohama receives recognition in Russia

Yokohama Rubber Co. Ltd. received a letter of appreciation from the Japanese ambassador to the Russian Federation, Chikahito Harada, in recognition of its support for the people affected by the East Japan Great Earthquake.

Tags: Earthquake, Tire plant

September 13, 2011

DENSO takes Japanese technology to Germany

DENSO Corp. will exhibit at the 64th IAA (Internationale Automobil-Ausstellung) Motor Show in Frankfurt, Germany, from Sept. 15-25, 2011. DENSO will introduce its latest technologies and products that will support the theme; “Connecting Drivers, Vehicles and the Society.”

Tags: DENSO financials, Earthquake, Sadahiro Usui

August 24, 2011

G&C Tire captures quake on flip camera

Dave Harmon and Gregg Caldwell thought they were shooting a video for Facebook. Instead they captured the 5.8 magnitude earthquake felt up and down the Eastern U.S. yesterday.

Tags: Consumer Tires, Dave Harmon, Earthquake, G&C Tire, Gregg Caldwell

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