Toyo Tire Corp operates within the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Toyo Tire Corp with three other
tire manufacturers in Asia:
Kumho Tires Company Incorporated
of South Korea
sales of 2.56 trillion Korean Won [US$2.16 billion]
of which 57%
was Finished goods),
Shandong Linglong Tyre Co Ltd
(15.30 billion Chinese Renmimbi [US$2.16 billion]
of which 74%
was Tire Business-Mainland and HK), and
Cheng Shin Rubber Industries Company Limited
based in Taiwan
(109.22 billion Taiwanese Dollars [US$3.57 billion]
of which 34%
was China Cheng Shin & Xiamen Haiyan).
During the year ended December of 2018, sales at
Toyo Tire Corp were ¥393.22 billion (US$3.61 billion).
decrease of 2.9%
versus 2017, when the company's sales were ¥405.00 billion.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Toyo Tire Corp had sales
of ¥370.22 billion.
Contributing to the drop in overall sales was the 14.3% decline
in Other, from ¥70.00 million to ¥60.00 million.
However, these declines were partially offset by the increase in sales of
Tire Business (up 4.5% to ¥341.69 billion)