Yokohama faces penalties from Chinese customs
The Chinese customs department punished Yokohama’s Suzhou factory for “false declarations and unpaid taxes”.
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Yokohama Rubber utilising RubberWay geo-mapping for sustainable procurement
Starting in April 2024, The Yokohama Rubber Co., Ltd. is using the RubberWay Geo-Mapping risk assessment tool to bolster its sustainable procurement practices. By adopting this technology, Yokohama Rubber aims to enhance the traceability of natural rubber throughout its supply chain, aligning with the recommendations of the Taskforce on Nature-related Financial Disclosures and ensuring compliance with the upcoming EU Deforestation Regulation.
Yokohama Rubber engaging in sustainable procurement initiative
The Yokohama Rubber Co., Ltd., has announced its participation in a venture spearheaded by the Japan Ministry of the Environment. This initiative, a component of the Japanese Government Cabinet Office’s BRIDGE programmes, aims at assessing and affirming the sustainable acquisition of natural capital from the ASEAN region.
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).
Yokohama Rubber boosting motorsport tyre capacity at Mishima plant
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.
Yokohama Geolandar A/T4 launch announced in Japan, Europe and North America
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.
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.
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.
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.
Yokohama breaks ground on new Mexico tyre plant
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.
Yokohama and Goodyear managers join TyreSafe steering committee
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.
Yokohama OE on Toyota Crown RS “Landscape”
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.
Yokohama sponsors ATP Tennis Tour
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.
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.
Yokohama appoints new deputy head of tyre planning division
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.
