Toyo to relocate head office in 70th year

Toyo Tire & Rubber Co., Ltd. has announced its plans to build a new head office in Itami, Hyogo Prefecture next to the site of its Tire Technical Center. The Japanese manufacturer, whose current head office is in Osaka said that the company plans to relocate in August 2015, the month in which Toyo will celebrate its 70th anniversary.

The plan forms part of Toyo’s strategy for global growth, the company explains; it hopes to “create more agile management through speedier decision making.” With this move the company will make one centre for its management functions promoting closer coordination. Before then a new research and development centre is planned for opening in November 2013 in Kawanishi, Hyogo Prefecture.

Toyo’s new management team was introduced at the end of March 2013, announcing its plans to “[boost] corporate strength and sustained, innovative, continuous growth.”

The new, six floor headquarters will be built on a vacant lot, which will place it adjacent to the Company’s technology development centre. The headquarters will be about a 20 minute drive from the R&D center in Kawanishi. The location is also convenient for commuter access, and the Center has a capacity of around 350 people, with floorspace of 8,000sqm. Toyo previously operated a plant in Itami between 1953 and 1998.