Toyo Tire & Rubber Co Ltd operates within the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Toyo Tire & Rubber Co Ltd with three other
tire manufacturers in Asia:
Cheng Shin Rubber Industries Company Limited
sales of 112.31 billion Taiwanese Dollars [US$3.64 billion]
of which 32%
was China Cheng Shin & Xiamen Haiyan),
Kumho Tires Company Incorporated
of South Korea
(2.88 trillion Korean Won [US$2.55 billion]
of which 100%
was Tire), and
Shandong Linglong Tyre Co Ltd
based in China
(13.92 billion Chinese Renmimbi [US$2.02 billion]
of which 76%
was Tire Business-Mainland and HK).
During the year ended December of 2017, sales at
Toyo Tire & Rubber Co Ltd were ¥405.00 billion (US$3.64 billion).
increase of 6.1%
versus 2016, when the company's sales were ¥381.64 billion.
Despite this increase, sales are still
below the level achieved in 2015, when Toyo Tire & Rubber Co Ltd
reported sales of ¥407.79 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Toyo Tire & Rubber Co Ltd had sales
of ¥388.15 billion.
Sales of Tire Business saw an increase
7.6% in 2017, from
¥303.87 billion to ¥327.09 billion.
Not all segments of Toyo Tire & Rubber Co Ltd experienced an increase in sales in 2017:
sales of Other fell 74.2% to ¥70.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).