Toyo Hit Record Sales Again in 2025

Toyo Tire Corp. achieved $3.89 billion in sales during 2025, up 5.2% from 2024 levels and a record high for the company.

Toyo also posted record-high operating income in 2025, reporting around $637 million, a year-over-year increase of 3.6%. 

In terms of sales, the company saw its greatest success in North America, where it achieved around $2.64 billion in revenue, up 8.3% from 2024 levels. 

Toyo achieved the strongest operating income gains in its home country of Japan: $419.5 million, an increase of 6% year-over-year. 

In North America, the tiremaker’s operating income totaled around $117 million, down 17.8% from 2023. 

Overall, Toyo’s operating margin in 2025 totaled 16.4%, staying slightly ahead of the 16% it recorded in 2024. 

2025 Highlights 

Toyo listed several achievements in its recently published financials. Its ratio of priority products to total sales exceeded 70% in Japan — a goal it set last year — and 55% overall. In January, it consolidated its sales bases in Serbia. The company also transferred equity interests in its production subsidiary in China, Toyo Tire (Zhangjiagang) Co. Ltd., in July.

Toyo also included a nod to its third consecutive Trophy Truck championship in the 2025 SCORE World Desert Championship.  

What’s next? 

Looking ahead to the rest of 2026, Toyo said it is “deepening discussions on capital efficiency in anticipation of its new Medium-Term Business Plan,” which will be announced on March 4. The company is focused on initiatives like investing aggressively in growth to further enhance profitability, implementing measures to improve capital efficiency and promoting dialogue with investors in Japan and overseas.