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Mid-Year Report: Yokohama sees growth in high-value tires

The aggressiveness that Yokohama Tire Corp. (YTC) showed during the pandemic is paying dividends today, according to Jeff Barna, president and CEO of the U.S.-based subsidiary of Japanese tire maker Yokohama Rubber Co. Ltd. (YRC).Mr. Barna told Tire Business the company continues to strengthen its… ....

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Yokohama Rubber acquires tire distributor in Poland

Yokohama Rubber acquires tire distributor in Poland
biznespolska.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznespolska.pl Daily Mail and Mail on Sunday newspapers.

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Sika Acquires Adhesives and Sealants Business in Japan

May 4, 2021
Sika agreed to acquire Hamatite, the adhesives business of The Yokohama Rubber Co.
Hamatite, based in Japan, offers adhesives and sealants to the automotive and construction industries. The acquisition will significantly strengthen Sika’s market position in Japan, increase market access to all major Japanese OEMs, and notably extend the product offering for sealing and bonding applications in the Japanese construction industry, say company officials. Headquartered in Tokyo, the business generates annual sales of $175 million. The transaction is subject to clearance by anti-trust authorities.
Paul Schuler, CEO of Sika, says, “The acquisition fits perfectly with our growth strategy. Hamatite brings leading technology, know-how, and skilled people that will accelerate Sika’s market penetration in the automotive and construction industries. The global manufacturing footprint will increase our ability to serve our automotive customers worldwide, both at ....

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Yokohama Rubber sets ambitious goals through 2023

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TOKYO Yokohama Rubber Co. Ltd. has approved a three-year business plan covering 2021-23 that company management said will deepen the firm s core strengths while seeking to create new value that responds to the needs being generated by this new era of great change.
Through this two-pronged approach, dubbed Yokohama Transformation 2023 (YX2023), the Tokyo-based tire maker said it will transform into a corporate group that contributes to the growth during the next generation.
By implementing the new plan s initiatives, Yokohama expects to achieve an operating ratio of at least 10 percent annually while growing sales 8 percent by 2023 and 18 percent by 2025 over the 2019 benchmark. ....

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Yokohama sets ambitious goals through 2023

Yokohama sets ambitious goals through 2023
Print
TOKYO Yokohama Rubber Co. Ltd. has approved a three-year business plan covering 2021-23 that company management said will deepen the firm s core strengths while seeking to create new value that responds to the needs being generated by this new era of great change.
Through this two-pronged approach, dubbed Yokohama Transformation 2023 (YX2023), the Tokyo-based tire maker said it will transform into a corporate group that contributes to the growth during the next generation.
By implementing the new plan s initiatives, Yokohama expects to achieve an operating ratio of at least 10% annually while growing sales 8% by 2023 and 18% by 2025 over the 2019 benchmark. ....

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