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Tires & Rubber

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Toyo Tire Corporation

Toyo Tire Corporation

Toyo Tire Corporation

Verified Sep 2026

Tires & Rubber

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Japan flag

Itami, Japan

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Since 1945

Toyo Tire Corporation is a Japanese tire and automotive rubber parts manufacturer established in 1945 and listed on the Tokyo Stock Exchange (TSE: 5105). The company produces passenger, light truck, and commercial tires under the Toyo Tires and Nitto Tire brands, with manufacturing in Japan, the United States (Georgia), Malaysia, China, and Serbia. FY2025 net sales reached a record 594.9 billion yen at a 16.4% operating income margin.

Toyo Tire Corporation

Verified Sep 2026

AT A GLANCE

Founded

1945

Headquarters

Japan flag

Itami, Japan

Employees

~10,700

Ownership

Listed

Toyo Tire Corporation at a glance

Revenue

€3.5B

FY2025 · Berylls/AlixPartners · automotive segment

Employees

~10,700

Consolidated incl. temporary · Dec 31 2025 · published

Founded

1945

Established August 1, 1945

Headquarters

Itami, Japan

2-2-13 Fujinoki, Itami City, Hyogo 664-0847

Ownership

Listed

Tokyo Stock Exchange · TSE: 5105

Certifications

IATF 16949

Claimed · automotive manufacturing plants

Import activity

30,000+

US import shipments on record · Toyo Tire North America Mfg.

Known customers

OEM tire supply

Undisclosed programs · OE fitments not named in company press

Industries

Automotive

Electric Vehicles

STABILITY SIGNALS

Established & active

FinancialStrong
TradeStrong
QualityModerate
ScaleStrong
TenureStrong

EUR 3.5B revenue (FY2025), 16.4% operating income margin, record-high sales and operating income per company filings.

80 years in continuous operation; listed on the Tokyo Stock Exchange (TSE: 5105).

US manufacturing entity actively importing rubber compounds and materials as of September 2026, with 30,000+ shipments on record.

What Toyo Tire makes

Toyo Tire Corporation produces tires and automotive rubber parts across two reported business segments. The tire segment, which accounts for the majority of revenue, covers passenger vehicle, light truck, and truck-and-bus tires sold under two global brands: Toyo Tires and Nitto Tire. The automotive parts segment produces anti-vibration rubber, including mounts, isolators, and dampers, primarily through a manufacturing subsidiary in Guangzhou, China.

The Toyo brand is organized around distinct performance families. The Open Country line covers light truck and SUV applications: the M/T and R/T for off-road use, the A/T III and a dedicated A/T III EV variant for all-terrain work on electric vehicles, and the H/T II and Q/T for on-highway duty. The Proxes line addresses performance and sports applications, including the Proxes Sport, Proxes Sport A/S+, and Proxes ST III, plus the Celsius Sport for year-round performance in cold climates. Nitto Tire, a wholly owned brand within the group, runs a parallel line-up across terrain, sport, and commercial segments targeting the US aftermarket in particular.

The company also supplies tires to automotive OEMs as original equipment, placing tires on new vehicles at the assembly stage. The US plant in White, Georgia operates as a dedicated manufacturing entity, Toyo Tire North America Manufacturing, Inc., and handles production for the North American market.

Financial performance

Toyo Tire reported net sales of approximately 594.9 billion yen for the fiscal year ended December 31, 2025, a record high, up roughly 5.2% in yen terms from the prior year. Per the Berylls by AlixPartners automotive sector study, EUR-denominated revenue was approximately EUR 3.5 billion for FY2025, a 2.1% increase from the EUR 3.45 billion reported for FY2024, with the difference between yen and euro growth rates reflecting yen/euro movement over the period. Operating income reached 97.4 billion yen, also a record, producing an operating income margin of approximately 16.4%. The FY2024 operating income margin, per the company's own integrated report materials, was approximately 16.6%.

The company employed 10,702 people on a consolidated basis, including temporary employees, as of December 31, 2025, per its own published corporate data. Toyo Tire is listed on the Tokyo Stock Exchange under the ticker 5105 and has been public since 1969. The board of directors includes five outside directors and three outside auditors.

In August 2026, Toyo Tire cut its full-year operating income forecast after weak tire markets, higher costs, and a computer system disruption reduced first-half operating income. Management stated it expected recovery in the second half.

Ownership and history

Toyo Tire Corporation was established on August 1, 1945, in Japan. The company has been listed on the Tokyo Stock Exchange for several decades. As of December 31, 2025, paid-in capital stood at 55,935 million yen with 154,111,029 shares issued.

The company's corporate headquarters is located at 2-2-13 Fujinoki, Itami City, Hyogo Prefecture, Japan. A Tokyo office operates in Shinagawa. The group operates manufacturing plants in Japan, including a facility in Iwanuma, Miyagi, as well as in the United States (White, Georgia), Malaysia (Kamunting, Taiping, Perak), China (Guangzhou, Zhucheng), and Serbia (Indjija). The Serbia facility includes both a tire manufacturing plant and a research and development center that broke ground in March 2026, with production expected to begin in 2027.

The Nitto Tire brand, sold primarily in North America, is a fully owned subsidiary with its US operations headquartered in Costa Mesa, California, co-located with the Toyo Tire Holdings of Americas holding company and Toyo Tire U.S.A. Corp.

Certifications and quality

The company's US manufacturing subsidiary, Toyo Tire North America Manufacturing, Inc., received ISO/TS 16949:2009 certification for the design and manufacturing of passenger and light truck tires in 2014, per a company press release at the time. ISO/TS 16949:2009 was superseded by IATF 16949 in 2018; the company's sustainability materials reference IATF 16949 as the applicable quality management standard for its automotive-sector manufacturing locations. No specific renewal date for a corporate-level certificate was published on the sites scraped for this profile.

Known customers

Toyo Tire manufactures tires for both original equipment and the replacement market. The OEM channel places tires on new vehicles at the factory, requiring qualification through automotive quality systems. No named OEM vehicle programs or contract disclosures appear on the company's own public materials as of the date of this profile, which is standard practice for large tire manufacturers. The company has disclosed its Georgia plant targets SUV and hybrid vehicle segments in connection with a planned capacity expansion.

Recent news

August 2026 -- Toyo Tire cut its full-year operating income forecast, citing weak tire markets in multiple regions, higher input and logistics costs, and a computer system disruption that reduced first-half earnings. Management said recovery was expected in the second half of 2026 (European Rubber Journal).

September 2026 -- The company restructured its Americas operations so that the Americas business headquarters reports directly to the group president. New executive appointments were made at Toyo Tire Holdings of Americas and Nitto Tire U.S.A. as part of a five-year medium-term business plan the company began implementing in 2026 (company press release, European Rubber Journal).

March 2026 -- Toyo Tire held a groundbreaking ceremony for a new research and development center in Indjija, Serbia, with Serbian President Aleksandar Vucic in attendance. The company is investing approximately EUR 29 million in the facility, which is expected to become its European tire technology development hub starting in 2027 (company press release).

Frequently asked questions

What does Toyo Tire Corporation make?

Toyo Tire Corporation manufactures tires for passenger vehicles, light trucks, and commercial trucks and buses, sold under the Toyo Tires and Nitto Tire brands. The company also produces anti-vibration rubber parts for automotive applications. Its product families include the Open Country line for SUV and light truck use, the Proxes line for performance vehicles, and a range of Nitto-branded tires targeted primarily at the North American market.

Who owns Toyo Tire Corporation?

Toyo Tire Corporation is a publicly listed company on the Tokyo Stock Exchange, trading under the ticker 5105. It is not a subsidiary of another company. The board includes both inside directors and five independent outside directors.

What is Toyo Tire Corporation's revenue?

Toyo Tire Corporation reported net sales of approximately 594.9 billion yen for fiscal year 2025, a record high, with an operating income of 97.4 billion yen and an operating income margin of approximately 16.4%. In EUR terms, the Berylls by AlixPartners automotive sector study places FY2025 automotive-sector revenue at approximately EUR 3.5 billion.

Where is Toyo Tire Corporation headquartered?

Toyo Tire Corporation's headquarters is located at 2-2-13 Fujinoki, Itami City, Hyogo Prefecture, Japan, with a Tokyo office in Shinagawa. The company operates manufacturing facilities in Japan, the United States (White, Georgia), Malaysia, China, and Serbia.

Who are Toyo Tire Corporation's customers?

Toyo Tire sells tires through two channels: replacement market retail and distribution, and original equipment supply to automakers. The company does not publicly name specific OEM vehicle programs in its standard materials. The Georgia plant is described as targeting SUV and hybrid vehicle segments for the North American OEM market. The Nitto brand is marketed primarily through the US aftermarket channel.

How many employees does Toyo Tire Corporation have?

Toyo Tire Corporation employed 10,702 people on a consolidated basis, including temporary employees, as of December 31, 2025, per its own published corporate data.

Where are Toyo Tire's manufacturing plants?

The company operates tire plants in Japan (including Iwanuma, Miyagi), the United States (White, Georgia), Malaysia (Kamunting, Perak), China (Zhucheng, Shandong), and Serbia (Indjija). An automotive parts facility operates in Guangzhou, China. A new R&D center in Indjija, Serbia, broke ground in March 2026 and is expected to be operational in 2027.

Last verified September 2026. Is this your company? Request a correction.

Leadership

Takashi Shimizu

Representative Director, President & CEO

Yasuhiro Yamada

Director, Chairman of the Board

Tatsuo Mitsuhata

Senior Corporate Officer

Location & contact

Itami, Hyogo (Headquarters)Headquarters · Hyogo 664-0847, Japan
White, Georgia (US Manufacturing)Manufacturing · USA
Indjija, Serbia (Manufacturing + R&D)Manufacturing · Indjija, Serbia
Kamunting, Perak, Malaysia (Manufacturing)Manufacturing · Perak, Malaysia
Zhucheng, Shandong, China (Manufacturing)Manufacturing · Shandong, China
Guangzhou, China (Automotive Parts)Manufacturing · Guangzhou, China
Itami, Hyogo (Headquarters)2-2-13 Fujinoki, Itami City, Hyogo 664-0847, JapanCorporate headquarters; group management and R&D coordination

Certification

IATF 16949

Design and manufacturing of passenger and light truck tires (Toyo Tire North America Manufacturing, Inc.)

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