Toyo Tire & Rubber Company

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Toyo Tire & Rubber Co.,Ltd.
Type Public (TYO: 5105)
Founded 1945
Headquarters Osaka, Japan
Industry Manufacturing
Products Motor Vehicle Tires
Employees 3,254 (As of March 31, 2007)
Website www.toyojapan.com

Toyo Tire & Rubber Co.,Ltd. (東洋ゴム工業株式会社 Tōyō Gomu Kōgyo Kabushiki-gaisha?) (TYO: 5105) is a tire company based in Japan. 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. Today, it is one of the largest tire companies in the world.


Contents

[edit] Timeline

A typical Toyo Mud and Snow tire, The Toyo Open country A/T.
A typical Toyo Mud and Snow tire, The Toyo Open country A/T.

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) estabilished.

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 Prefectur, Japan--the first of its kind built by a Japanese tire manufacturer.

September 1975

Toyo Reifen GmbH established.

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.

September 1983

Technological partnership agreement with General Tire(presently Continental North America Inc.)concluded.

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 a 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 Georgia, U.S.A., as a tire manufacturing base.

September 2004

Toyo Automotive Parts (Guangzhou) Co., Ltd. is established in Guangzhou, China

[edit] Company

Toyo Tire & Rubber Co., Ltd.

Locations

Head Office 1-17-18 Edobori, Nishi-ku, Osaka 550-8661, Japan Phone: +81-6-6441-8801 Tokyo Head Office Mejiro Nakano Bldg., 2-17-22 Takada, Toshima-ku, Tokyo 171-8544, Japan Phone: +81-3-5955-1200

[edit] Established

August 1, 1945

[edit] Paid-In Capital

23,974,627,991 yen (as of March 31, 2007)

Number of Employees

3,254 (as of March 31, 2007)

Management

BOARD OF DIRECTORS Yoshio Kataoka* Yasuo Onodera* Kazuo Nagai Yutaka Ebuchi Kenji Nakakura Kenji Takada Takuya Kakuno Susumu Nishihata

  • Representative Director

CORPORATE AUDITORS Kazuo Fujita* Kazunari Maeda Yasutaka Hosoi Shuji Tsuyuki

  • Standing Corporate Auditor

Note: Kazunari Maeda, Yasutaka Hosoi, and Shuji Tsuyuki are the outside auditors specified in Article 2-16 of the Japanese Corporate law. CORPORATE OFFICERS Yoshio Kataoka* Yasuo Onodera* Shozo Kibata Kazuo Nagai* Yutaka Ebuchi* Kenji Nakakura* Kenji Takada* Mitsuaki Hashiyama Takuya Kakuno* Susumu Nishihata* Hiroshi Shibata Masaharu Yoshimoto Masanori Kan Atsushi Tasaka Takafumi Ichikawa Hidehiko Takahashi Akira Nobuki President and Chief Executive Officer Senior Managing Executive Officer Senior Managing Executive Officer Managing Executive Officer Managing Executive Officer Managing Executive Officer Managing Executive Officer Managing Executive Officer ADVISORS EMERITUS Junji Tsumura(Chairman, Board of Directors, Toyobo Co., Ltd.)

  • Concurrent with directorial position

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

[edit] External links