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Producer Manufacturing

Toyo Tire & Rubber Co., Ltd.

  • 1,342.00 JPY
  • +7.00
  • +0.52%
  • Japan
    Apr 19, 2019
  • Ticker
    TKS(5105)
  • Prev. close
    1,335
  • Market cap (JPY)
    204,659.44M
  • Market cap (USD)
    1,829.19M
  • Shares
    154.11M

Business Summary

Toyo Tire Corp. engages in the manufacture and sale of car tires, industrial rubber materials, polyurethane products, waterproof sheets, and seat cushions. It operates through the following segments: Tire Business, DiverTech Business, and Other. The Tire Business segment manufactures and sells tires and related equipment for passenger cars, trucks, buses, and industrial vehicles. The DiverTech Business segment produces and sells insulators, waterproof sheets, transport equipment, industrial and building materials, and related products. The Other segment includes finance loans and purchasing credits to domestic affiliates and real estate business. The company was founded on August 1, 1945 and is headquartered in Osaka, Japan.

Financial Highlights

Dec 2018 JPYUSD
Revenue393,220M3,560.39M
Gross Profit129,886M1,176.04M
Operating income42,391M383.82M
Income before tax17,067M154.53M
Net income10,554M95.56M
EBITDA68,378M619.12M
Diluted EPS83.090.75
Dividends Per Share450.40
Total Assets469,381M4,278.18M
Total liabilities312,127M2,844.88M
Total equity152,740M1,392.15M
Operating cash flow19,063M172.60M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 393,782M 407,789M 381,635M 404,999M 393,220M
Gross Profit 129,039M 149,621M 132,111M 132,739M 129,886M
Operating income 47,510M 63,381M 49,316M 45,308M 42,391M
Income before tax 50,668M 5,267M -15,463M 21,532M 17,067M
Net income 31,240M 1,674M -12,260M 15,477M 10,554M
EBITDA 69,645M 88,486M 74,579M 71,029M 68,378M
Diluted EPS 245.97 13.18 -96.54 121.86 83.09
Dividends Per Share 45 45 45 45 45
Total Assets 485,414M 522,937M 491,088M 473,876M 469,381M
Total liabilities 300,776M 347,573M 345,463M 310,058M 312,127M
Total equity 180,576M 171,851M 141,578M 159,080M 152,740M
Operating cash flow 37,789M 41,305M 38,865M 13,430M 19,063M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 3,720.18M 3,368.35M 3,512.22M 3,611.75M 3,560.39M
Gross Profit 1,219.07M 1,235.87M 1,215.83M 1,183.75M 1,176.04M
Operating income 448.84M 523.52M 453.86M 404.05M 383.82M
Income before tax 478.67M 43.50M -142.30M 192.02M 154.53M
Net income 295.13M 13.82M -112.83M 138.02M 95.56M
EBITDA 657.95M 730.89M 686.35M 633.43M 619.12M
Diluted EPS 2.32 0.10 -0.88 1.08 0.75
Dividends Per Share 0.42 0.37 0.41 0.40 0.40
Total Assets 4,048.65M 4,347.12M 4,210.46M 4,206.62M 4,278.18M
Total liabilities 2,508.66M 2,889.33M 2,961.91M 2,752.40M 2,844.88M
Total equity 1,506.11M 1,428.57M 1,213.85M 1,412.16M 1,392.15M
Operating cash flow 357.00M 341.18M 357.67M 119.76M 172.60M

Valuation Measures

Dec 2018
PER16.54
ROA2.23%
ROE6.76%
Operating margin10.78%
Profit margin2.68%

Key executives

  • President & Representative Director: Takashi Shimizu
  • Director & Chief Compliance Officer: Tamotsu Sakuramoto
  • Executive Officer, GM-Administration & IR Contact: Ikuo Ohno
  • Director & Managing Executive Officer: Tetsuo Tatara
  • Director, Managing Executive Officer & GM- Sales: Yasushi Takagi

Shareholders

  • Mitsubishi Corp. (20%)
  • Bridgestone Corp. (6.4%)
  • Franklin Mutual Advisers LLC (3.3%)
  • Baillie Gifford & Co. (3.1%)
  • Toyota Motor Corp. (3.0%)
  • Wellington Management Co. LLP (2.7%)
  • Asset Management One Co., Ltd. (2.7%)
  • Wellington Management Hong Kong Ltd. (2.6%)
  • Orbis Investment Management Ltd. (2.2%)
  • Mitsubishi UFJ Financial Group, Inc. (1.8%)

Contact Details

Related Companies

  • Toyo Tires (Zhucheng) Co., Ltd.
  • Toyo Tyre Sales & Marketing Malaysia Sdn. Bhd.
  • NT Mexico S de RL de CV
  • Toyo Tire Rus LLC
  • Toyo Automotive Parts (Guangzhou) Co. Ltd.
  • Toyo Automotive Parts De Mexico SA de CV
  • Toyo Tire Mexico LLC
  • Cheng Shin-Toyo Kunshan Machinery Co. Ltd.
  • Toyo Rubber Chemical Products (Thailand) Ltd.
  • Toyo Automotive Parts (USA), Inc.
  • Toyo Tyre Malaysia Sdn. Bhd.
  • Toyo Tire North America OE Sales LLC
  • Wuxi Toyo-Meifeng Rubber Products Co., Ltd.
  • Nitto Tire Canada, Inc.
  • Toyo Rubber Chemical & Industrial Products (HK) Ltd.
  • Orient Koki Co. Ltd.
  • Toyo Tire & Rubber Employee Stock Ownership
  • Toyo Tire & Rubber Pension Fund
  • Toyo Tire (Zhucheng) Co. Ltd.
  • Toyo Tire Canada, Inc.
  • Toyo Tire Shanghai Co., Ltd.
  • Nitto Tire U.S.A., Inc.
  • Sapporo Toyo Recap YK
  • Toyo Tire Benelux BV
  • Fukushima Rubber Co. Ltd.
  • Toyo Tires Logistics Co. Ltd.
  • Kuwanasabisu KK
  • Ayabe Toyo Rubber Co. Ltd.
  • Toyo Tire Italia SpA
  • Toyo Tyre (UK) Ltd.

Competitors

  • Bridgestone Corporation
  • Pirelli & C. S.p.A.
Last Updated on 19 Apr, 2019

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