Toyo Tire Corporation achieved a 20 per cent year-on-year increase in net sales in the first half of 2022, with the total rising to 223,667 million yen (£1.373 billion; 1.626 billion euros). At the same time, operating income came in at 25,972 million yen (£160 million; 189 million euros) in the first half of 2022. Both figures outperformed the companies first-half 2022 forecasts.