Yokohama Rubber Reports Gains in Sales and Earnings in First Three Quarters of 2017

Company achieves increase of 39.7% in operating income while posting highest-ever net sales for first three quarters

Tokyo – The Yokohama Rubber Co., Ltd., announced today its business and financial results for the first three quarters of 2017 (January to September). Profit attributable to owners of parent increased 96.4% over the same period of the previous year, to 16.7 billion yen, on a 39.7% increase in operating income, to 26.4 billion yen, and a 13.8% increase in net sales, to 466.8 billion yen. The figure for net sales was Yokohama’s highest ever for the first three quarters. 

The strong fiscal performance reflected robust results in Yokohama’s Tires segment. Operating income in that segment rose 14.8%, to 19.0 billion yen, on a 7.3% increase in sales, to 333.1 billion yen. Yokohama achieved the gain in operating profitability despite the adverse effect of upward movement in prices for raw materials. 

In the original equipment market for tires, Yokohama’s sales increased solidly overseas, led by

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Yokohama to sponsor of 2018 Yokohama Sonora Rally


SANTA ANA, Calif. – Yokohama Tire Corp. will be the title sponsor of the 2018 Yokohama Sonora Rally, an off-road rally scheduled for the Sonora desert March 19-24.

Read the source article at Rubber and Plastics News

Yokohama announces new ‘Dual Marked’ OTR Tires


Continuing to help off-the-road (OTR) tire dealers and end-users with innovative ways to reduce costs and improve operational efficiency, Yokohama Tire will now offer five new OTR tires with dual TRA code designations to handle both loader and transport applications.

The tires with the dual markings are the RB31™, RT31™/RT31+™, RL31™, RT41™ and RL45™. All will feature an E/L designation within the size on the sidewall.

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Yokohama to offer dual-marked OTR tires


SANTA ANA, Calif. – Yokohama will offer five new dual TRA code designations for OTR tires for both loader and transport applications.

Read the source article at Rubber and Plastics News

Yokohama releases “most silent” tire


Tokyo – The Yokohama Rubber Co. (YRC) has released what it describes as its “most silent tire ever” as it upgraded its flagship Advan brand.

In a 26 Sept, Yokohama said it would start d the marketting of “Advan dB V552”, in November in 24 sizes, ranging from 265/35R18 97W XL to 155/65R14 75H. The Company plans to gradually expand the lineup of available tire sizes.

The tire, said Yokohama, is the latest edition of premium tire “Advan dB” which was launched in 2009 and was developed…

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Yokohama Names Senior Director of Supply Chain and Logistics


Yokohama Tire Corp. has named Rick Alonzo as its senior director of supply chain and logistics.

“Rick brings more than 20 years’ experience in supply chain management, logistics and procurement and is well-versed in leading large multi-site distribution centers,” said Jeff Barna, Yokohama’s chief operating officer. “He’ll definitely be a major asset for us.”

Read the source article at Tire Review

Light trucks, LT tires growing together


AKRON — As recently as 2013, the market for new consumer vehicles in the U.S. was split 50-50 between cars and light trucks. But low gasoline prices and new products have combined since then to spur increasing demand for bigger vehicles.

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Yokohama becomes official tire of HPA


SANTA ANA, Calif. — Yokohama Tire Corp. has a new partnership with Horsepower Adventures (HPA), a specialized off-road driving experience company, operating on Mexico’s Baja peninsula.

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Yokohama Official Partner of Nitro World Games


Yokohama Tire Corp. will be an official partner of the Nitro World Games on June 24, at Rice-Eccles Stadium in Salt Lake City, Utah.

“Yokohama is super excited to be part of the action in this year’s Nitro World Games,” said Fardad Niknam, director of LTR segment development. “We have some fun surprises set up for the Nitro fans and look forward to showcasing our super-tough line of Geolandar light truck tires at the Worlds.”

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Yokohama moves to expand high-pressure hose sales


TOKYO—Two high-pressure hoses sold overseas by Yokohama Rubber Co. Ltd. have been certified by DNV GL, a maritime classification and certification society based in Norway and Germany.

The SAE100R1S and the SAE100R2S are used in a wide variety of hydraulic equipment found in construction machinery, industrial machinery, marine vessels and port facilities. High-pressure hoses used on ships and in port facilities must be certified by national or international classification and certification societies.

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