Toyo Tire Corporation (株式会社), commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.
Its lines of business are manufacturing and marketing of car tires, industrial rubber and synthetic resin products, soft and rigid polyurethane products, waterproof sheets, anti-vibration rubber for automotive parts, seat cushions, and sporting goods. Its tire brands are Toyo, Nitto, and Silverstone.
Toyo Tires posted net sales of 497B Japanese yen for fiscal year 2022. It is the eleventh largest tire company in the world based on 2022 revenue.
History
The company started in 1945. In 1966, the company [3] expanded to the United States as Toyo Tire USA Corporation. In 1999, Nitto Tire North America was established.