Basics
An easy-to-understand introduction to Yokohama Rubber for individual investors.
Tire maker with a 100-year history
Established in 1917, Yokohama Rubber has a long history of developing new and innovative products. This challenging spirit remains a core element of our corporate culture to this day.
Construction of the company’s first production facility, the Hiranuma Plant, was completed in Hiranuma-cho, Yokohama. (1920)
The first corded tire produced by the Hiranuma Plant (circa 1920)
World’s 8th largest tire maker
Yokohama Rubber is the world’s eighth largest tire maker, by market share (based on 2019 worldwide tire sales).
Our business extends beyond tires to a variety of industrial domains
Leveraging the high-polymer technologies and the rubber processing technologies accumulated in our tire business, we have developed a wide range of products that includes high-pressure hoses, industrial materials, adhesives, aircraft fixtures and components, and golf clubs. Our products are used by various industries on land, at sea and in the sky.
Global corporation with business in more than 120 countries
Yokohama Rubber has expanded its business around the globe, and we now employ about 27,000 people in Japan, Asia, Europe, Russia, North America, Latin America, the Middle East and Africa. (27,252 employees; consolidated basis, as of the end of December 2020)
Sales revenue: ¥570.6 billion
In 2020, in a global economy affected by the COVID-19 pandemic, we achieved sales revenue was ¥570.6 billion, business profit of ¥36.8 billion, operating profit of ¥36.4 billion, and profit attributable to owners of the parent of ¥26.3 billion. Earnings recovered sharply in the fourth quarter, when we recorded record highs in all profit categories.
