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Yokohama Rubber posts record sales, business profit & margin in Q1 2024

The Yokohama Rubber Co., Ltd., today disclosed its business and financial results for the first quarter of the fiscal year 2024. Sales revenue saw a year-on-year increase of 23.5 per cent between January and March 2024, amounting to ¥252.4 billion (£1.3 billion); business profit rose by 91.0 per cent, reaching ¥24.9 billion (£127.4 million); operating profit surged by 102.6 per cent, to ¥26.8 billion (£137.2 million); and profit attributable to owners of parent escalated by 104.0 per cent, to ¥19.8 billion (£101.4 million).

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Related news:

  1. Higher sales, earnings at Yokohama Rubber in Q1 2018
  2. Yokohama Rubber announces record earnings
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  4. Yokohama Rubber: Record sales, lower profit in Q1 2022
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Yokohama Rubber boosting motorsport tyre capacity at Mishima plant

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The Yokohama Rubber Co., Ltd. plans to expand production capacity for motorsport tyres at its Mishima facility in Japan’s Shizuoka Prefecture. Yokohama Rubber will invest about ¥3.8 billion (£19.4 million) in a new line that will produce 18-inch and larger motorsports tyres, expanding the plant’s capacity for motorsports tyres by 35 per cent.

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Related news:

  1. Yokohama Rubber reducing CO2 footprint of motorsport tyres
  2. Yokohama begins ‘renewable’ Advan production
  3. Yokohama unveils 40th anniversary Advan logo
  4. Yokohama shares 2022 motorsports activity plan
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Yokohama Geolandar A/T4 launch announced in Japan, Europe and North America

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Following its arctic preview at the start of March, Yokohama Rubber has simultaneously announced the launch of the Geolandar A/T4 all-terrain tyre for SUVs and pickup trucks in Japan, Europe and the North American markets.

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Related news:

  1. Yokohama USA launches Geolandar A/T XD pickup truck tyre
  2. Yokohama launches Geolandar A/T XD in North America and Australia
  3. Yokohama Announces 3 per cent Sales Increase
  4. Yokohama Reports Increased Earnings
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Yokohama RY53 tyres fitted to Toyota Hilux Champ

Yokohama Rubber is supplying the Yokohama RY53 tyre to Toyota on the automaker’s new pickup truck, the Hilux Champ. The new model was launched in Asia in November 2023. The original equipment tyre is supplied in size 195R14C 106/104S.

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Related news:

  1. Yokohama OE on Toyota RAV4
  2. Toyota GR Corolla rolls on Yokohama Advan tyres
  3. Toyota Prius PHEV to run on Yokohama BluEarth tyres
  4. Yokohama BluEarth gets FAW Toyota EV sedan bZ3 OE fitment in China
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Masahiro Yuki adds IR Dept responsibility to Yokohama Rubber role

Member of the Yokohama Rubber board Masahiro Yuki has become responsible for the company’s IR Department as of 1 May 2024.

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Related news:

  1. New YOHT country manager for UK & Ireland
  2. Marisa Hever-Smith joins Yokohama (UK) as CFO
  3. Japanese tyremakers lead the way in share price performance
  4. Chandgie named COO of Yokohama Tire Corp.
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Yokohama Advan for BMW X7 & XM

Yokohama Advan Sport V107 tyres are an approved original equipment fitment for the BMW X7 and the plug-in hybrid BMW XM. In total, Yokohama Rubber is supplying three size combinations for these SUVs: HL275/35R23 108Y (front) and HL315/30R23 111Y (rear) to both the BMW X7 and BMW XM, as well as 275/45R21 110Y (front) and 315/40R21 115Y (rear), and 275/40R22 107Y (front) and 315/35R22 111Y (rear) for the BMW XM.

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Related news:

  1. Yokohama tyres OE for BMW X4
  2. Updated Yokohama OE tyres for BMW X3 & X4
  3. Electric BMW iX3 approves Yokohama Advan Sport V107
  4. Facelifted Porsche Cayenne wearing Yokohama tyres
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Yokohama breaks ground on new Mexico tyre plant

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On 15 April The Yokohama Rubber Co. Ltd. (YRC) broke ground for its new consumer/light truck tyre plant at the Alianza Industrial Park in Saltillo, Coahuila, Mexico. The event was attended by state and local officials, as well as management from Yokohama companies, including YRC chairman and CEO Masataka Yamishi; Yokohama Corporation North America (YCNA) CEO Shinichi Takimoto; and Yokohama Tire Corporation (YTC) president and CEO Jeff Barna.

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Related news:

  1. New Yokohama Mexico factory to be built in Saltillo, Coahuila
  2. Yokohama Aero Tyre Equipment Heading to UK Following DATL Acquisition
  3. Bridgestone, NRgene collaborate to sequence and assemble guayule genomes
  4. Goodyear approached Cooper Tire regarding multi-billion-dollar acquisition
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Yokohama and Goodyear managers join TyreSafe steering committee

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On 2 April 2024, BKT received Excellent Level certification from Caterpillar Inc. under its Supplier Excellence Recognition (SER) Process for the second consecutive year. The Excellent Level certification is the highest honour that Caterpillar Inc. bestows on suppliers, who consistently meet stringent production and quality requirements, under the SER Process.

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Related news:

  1. HiQ offers consumer free winter tyre trials
  2. First Stop names Mark Widdows as retail manager
  3. Yokohama Europe puts European distributors under Hiroyuki Shioiri’s chairmanship
  4. Yokohama UK appoints Peter Fairlie as CEO
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Yokohama OE on Toyota Crown RS “Landscape”

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The Yokohama Rubber Co. Ltd. is supplying 245/60R18 109H Geolandar A/T G015 tyres as original equipment (OE) for the new Toyota Crown RS Crossover “Landscape”, a special edition of Crown vehicle. The new vehicle was launched in April 2024 in Japan.

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Related news:

  1. Yokohama tyres OE on new Toyota Yaris Cross
  2. Yokohama Advan Sport V105 tyres on new Volkswagen concept SUV
  3. Yokohama launches Geolandar A/T XD in North America and Australia
  4. Yokohama Geolandar tyres OE on new Mazda CX-90
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Yokohama sponsors ATP Tennis Tour

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The Yokohama Rubber Co. Ltd. a Gold Partner of the Association of Tennis Professionals (ATP), the global governing body of men’s professional tennis. Indeed, Yokohama is now the ATP Tour’s first Official Tire Partner.

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Related news:

  1. Chelsea FC US tour ‘boosts’ Yokohama brand
  2. Sumitomo Rubber Industries becomes ball supplier to Australian Open
  3. Yokohama ends Chelsea shirt sponsorship
  4. Yokohama-backed Chelsea FC secure more major silverware
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Yokohama Rubber partners with Haupt Racing Team

The Yokohama Rubber Co., Ltd., has entered into a partnership agreement with Mercedes-AMG Customer Racing’s Haupt Racing Team (HRT), under which it will supply Yokohama Advan racing tyres to the Mercedes-AMG GT3 that HRT enters into the Nürburgring 24-Hour Race and Nürburgring Langstrecken Serie (NLS). In dry conditions, the car will wear Advan A005 racing tyres in 300/680R18 (front) and 330/710R18 (rear), and in the wet will compete on Advan A006 tyres.

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Related news:

  1. Yokohama tyres for 65th Macau Grand Prix
  2. Yokohama extends sole tyre supplier deal with All-Japan F3 Championship
  3. Pikes Peak: 2 division wins for Yokohama
  4. Yokohama shares 2022 motorsports activity plan
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Yokohama appoints new deputy head of tyre planning division

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At the end of March, The Yokohama Rubber Co. Ltd. announced the promotion of one of its senior managers, Masahiro Yuki, to the role of Deputy Head of Yokohama’s Tire Business Planning Division. The change, announced on 27 March 2024 became effective a day later on 28 March 2024.

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Related news:

  1. Yokohama appoints Watanabe head of tyre design department
  2. Yokohama promotes senior technical executive
  3. Goodyear appoints new President of China
  4. ZC Rubber names new sales director for agricultural tyres in Europe
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Advan Sport V107 tyres OE on Mercedes-AMG CLE 53 4MATIC+ Coupé

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At the end of March, The Yokohama Rubber Co. Ltd. confirmed that it is supplying its Advan Sport V107 tyres as original equipment (OE) for the new Mercedes-AMG CLE 53 4Matic+ Coupé, which was presented in December 2023. The Coupé is being fitted with 265/40ZR19 (102Y) tyres on the front axle and 295/35ZR19 (104Y) tyres on the rear axle.

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Related news:

  1. Yokohama Advan Sport V107 certified for Mercedes-AMG GLB 35 4MATIC SUV
  2. Yokohama tyres OE on BMW, Mercedes
  3. AMG chooses Continental SportContact 7 tyres for its C43
  4. Yokohama OE on two further Mercedes models
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Advan Sport V105 tyres OE on new Subaru Impreza

New Subaru Impreza cars sold in Europe and Latin America will be fitted with The Yokohama Rubber Co. Ltd.’s Advan Sport V105 tyres in 225/40R18 92W.

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Related news:

  1. Yokohama Advan Sport V105 tyres on new Volkswagen concept SUV
  2. Advan V105 – Super-sport meets luxury
  3. Yokohama Geolandar tyres OE on new Subaru Crosstrek
  4. Yokohama OE on Toyota Grand Highlander
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Yokohama tyres OE on new Toyota Yaris Cross

Yokohama Rubber Co. Ltd. is supplying its BluEarth-XT AE61 tyres as original equipment (OE) to Toyota Motor Corporation for use on the new Yaris Cross compact SUV , which was launched in Thailand in October 2023 and will be available in international markets, but not Japan. The Yaris Cross is being fitted with 215/60R17 96H and 215/55R18 95V size tyres.

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Related news:

  1. Yokohama OE for 2 New Toyotas
  2. Yokohama Geolandar tyres OE on new Subaru Crosstrek
  3. Yokohama OE on Toyota Grand Highlander
  4. Tesla Cybertruck spare tyres made by Goodyear
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