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:
Kumho Tires Company Incorporated
of South Korea
sales of 2.95 trillion Korean Won [US$2.77 billion]
of which 99%
Cheng Shin Rubber Industries Company Limited
(117.39 billion Taiwanese Dollars [US$3.96 billion]
of which 31%
was China Cheng Shin & Xiamen Haiyan), and
based in India
(136.77 billion Indian Rupees [US$2.15 billion]
of which 150%
was Rubber Products).
During the year ended December of 2016, sales at
Toyo Tire & Rubber Co Ltd were ¥381.64 billion (US$3.42 billion).
decrease of 6.4%
versus 2015, when the company's sales were ¥407.79 billion.
Contributing to the drop in overall sales was the 6.7% decline
in Tire Business, from ¥325.54 billion to ¥303.87 billion.
There were also decreases in sales in
Tech Divers Business (down 5.5% to ¥77.49 billion)
However, these declines were partially offset by the increase in sales of
Other (up 22.6% to ¥271.00 million)