Yokohama Rubber posted record-high business and financial results for the first nine months of fiscal 2024, driven by substantial revenue and profitability growth across its key business segments.

The company reported a 13.1 percent increase in sales revenue from the same period last year, reaching USD 5022 million. Business profit rose 69.6 percent to USD 535 million, operating profit increased 63.8 percent to USD 551 million, and profit attributable to the parent company’s owners climbed 36.5 percent to USD 390 million.

The Group’s business profit margin also reached 10.7 percent, its highest level ever for this time frame.

Yokohama Rubber attributed this robust growth to efforts to expand sales volume, implement product price increases and optimise the product mix. A full-year contribution from Y-TWS and the positive impact of yen depreciation further supported the performance.

Segment Results

Tyre Business: Sales in the tyre segment reached USD 4498 million, a significant increase from USD 3931 million in the same period last year. Business profit for the segment surged to USD 505 million, up from USD 287 million. Growth was driven by higher sales volume, favourable product mix and effective price increases in response to raw material costs.

Yokohama Off-Highway Tires (YOHT: YOHT recorded sales of USD 684 million, up from USD 632 million in 2023, while business profit rose to USD 81.45 million, compared to USD 76.3 million the previous year. The segment benefited from strong demand in the agricultural and industrial tyre markets, particularly in overseas markets.

Yokohama Tire & Wheel Solutions (Y-TWS): Sales in Y-TWS totaled USD 737 million, a substantial increase from USD 432 million in 2023. Business profit came in at USD 46.81 million, reversing a loss of USD 7.05 in the prior year. The improvement reflects strong sales of speciality tyres and positive impacts from structural changes and efficiency improvements.

Yokohama Rubber’s CEO emphasised the company’s ongoing focus on strategic growth initiatives, including high-margin products and global market expansion. The results underscore Yokohama Rubber’s resilience and adaptability in a challenging economic environment.

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MAXAM Tire has further expanded its off‑the‑road tyre portfolio by adding a new 45/65R45 size to the MS406 E4/L4 series. This larger variant is specifically engineered for heavy loader applications, offering operators an additional high‑performance solution that prioritises strength, longevity and cost efficiency over the long term.

The tyre’s deep E4/L4 tread pattern is designed to deliver strong traction while resisting wear and cuts, even in severe working conditions. This aggressive yet durable design helps loader fleets boost productivity, as the tyre maintains grip and reduces downtime. Over its service life, users can expect a lower cost per operating hour.

To withstand harsh job sites, the MS406 incorporates a thick undertread that provides enhanced puncture protection. Its robust casing not only endures heavy use but also supports excellent retreadability, further extending the tyre’s usable life and improving overall return on investment. A wide, flat footprint contributes to superior stability, ensuring dependable performance and operator confidence when the vehicle is under substantial loads.

With this new size addition, MAXAM Tire continues to strengthen its off‑the‑road product line, giving customers another valuable option that balances durability, traction and long‑term operating efficiency in demanding loader environments.

Jimmy McDonnell, Vice President – Sales and Marketing, MAXAM Tire North America, said, “With the addition of the 45/54R45 size, we’re continuing to respond directly to market needs while expanding access to a proven loader tyre. Our focus is always on delivering market-leading value and tyres that perform in real-world conditions while helping customers control operating costs.”

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Hankook Tire, the exclusive tyre supplier for the FIA World Rally Championship, will face the demanding Croatia Rally from 9 to 12 April 2026. This event marks round four of the season and takes place in and around the port city of Rijeka. Among the most gruelling rallies on the calendar, it will feature both the Ventus Z215, engineered for precise dry handling and cornering stability, and the Ventus Z210, designed to deliver superior traction and rapid water evacuation in wet and unpredictable conditions.

The 2026 route spans roughly 300.28 kilometres across 20 special stages, with the service park relocated to the historic Grobnik Circuit. The course covers four counties, including shakedown stages on the island of Krk and technical tests through the Lika-Senj highlands. Drivers must contend with extreme grip variations along the Adriatic coast, from abrasive volcanic tarmac in the mountains to smoother, dustier sections near the sea, the latter becoming dangerously slick with even light rain.

Throughout the event, Hankook will operate its Brand World marketing booth inside the service park, reinforcing its unified global premium image. The booth will offer interactive experiences such as a motorsports history zone, racing simulator, tyre fitting activities, merchandise sales and a photo zone, giving fans an immersive brand encounter. Meanwhile, intense competition is expected: while Toyota GAZOO Racing has a strong history in Croatia, both Hyundai Shell Mobis World Rally Team and M-Sport Ford World Rally Team aim to exploit the new coastal terrain to challenge for the podium.

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Sri Trang Agro-Industry Public Company Limited has earned a total of 23 CSR-DIW awards, demonstrating its longstanding commitment to operating with ongoing responsibility towards society, local communities and the environment. In 2025, the Department of Industrial Works honoured the company under the CSR DIW to MIND for Sustainability programme, which recognises industrial factories that enhance their social and community responsibility for sustainable coexistence.

Among these accolades, five facilities received the CSR DIW Award for maintaining these high standards continuously for a decade, while another 18 facilities received the CSR DIW Continuous Award for consistently implementing responsible practices, collectively celebrating industrial organisations that serve as models for industry growing in harmony with communities under the principle of good industry coexisting sustainably.

These achievements reflect how the Sri Trang Group balances economic, social and environmental priorities, allowing the industrial sector to work alongside communities effectively and advancing Thailand’s rubber industry towards a sustainable green future. The group has steadily carried out community focused and socially responsible initiatives across six key areas, including youth development, arts and local traditions, livelihood and career support, environmental management, workplace health and hygiene as well as disaster relief and assistance for vulnerable groups.

This recognition further underscores Sri Trang Agro Industry’s role as a leading organisation that drives sustainable industrial practices while consistently creating lasting value for society, communities and the environment.

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Bridgestone has announced its participation in the 41st Space Symposium, the largest space conference in United States, taking place in Colorado Springs from 13 to 16 April 2026. The company’s exhibit will be hosted within the Japanese Space Industry pavilion organised by Japan Aerospace Exploration Agency (JAXA), marking its third consecutive year at the event since 2024. A key focus of Bridgestone’s presence is its ongoing development of lunar rover tyres, a project that embodies the company’s belief that ‘tyres carry life’.

Since 2019, Bridgestone has advanced research on lunar rover tyres and pursued co-creation with international partners to commercialise space mobility technology. In 2024, the company collaborated with Astrobotic Technology, followed by a basic agreement with ispace in 2025. These efforts aim to generate new value in the rapidly evolving space mobility sector.

At the symposium, Bridgestone will demonstrate tyres for small and medium lunar rovers, first unveiled in 2025, by mounting them on a mobility vehicle. Attendees can see and touch the tyres, experiencing their high traversability on simulated lunar challenges like fine sand and rocky ground. Through this showcase, Bridgestone seeks to expand its space business network and foster co-creation opportunities, ultimately supporting safe lunar mobility and humanity’s exploration goals.

The lunar rover tyre project applies Bridgestone’s AirFree technology, an exploratory business under its 2024–2026 Mid Term Business Plan. By refining this technology in the extreme lunar environment, the company aims to eventually bring those innovations back to Earth, enhancing conventional tyres and contributing to broader social value.

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